Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

On January 29, according to monitoring by HyperInsight (via the link: https://t.me/HyperInsight), the address tied to "Brother Ma Ji" (Huang Licheng) has just closed a long position on HYPE, securing a $961,000 profit. He currently maintains two open long positions: - A 40x leveraged long on BTC (17 BTC) with an unrealized loss of $10,000; - A 25x leveraged long on ETH (9,300 ETH) with an unrealized loss of $202,000.

On January 29, Prediction Market Limitless kicked off LMTS Season 2 airdrop claims. Traders who took part in its Season 2 rewards program may qualify to claim the airdrop—head to the official claim page for details and to submit your claim.

**Crypto Market Extends Bearish Trend Led by Bitcoin Post-FOMC** As of January 29th, the crypto market has continued its bearish run, with Bitcoin leading the decline. At press time, Bitcoin has fallen below $88,000—dropping nearly 1.51% in under an hour, marking an accelerated downward trend. Last night’s Federal Reserve FOMC meeting statement noted that the U.S. unemployment rate has shown signs of stabilization, while inflation remains slightly elevated. Looking back at 2025 data: Bitcoin posted a significant pullback after 7 of the Fed’s 8 FOMC meetings last year, with only one brief uptick. Post the December 2025 meeting, Bitcoin dropped 9%. Analysts largely attribute this trend to uncertainty around rate cut expectations and the muted impact of any anticipated cuts. Following the first 2026 FOMC meeting, the so-called "FOMC Curse" appears to be repeating itself.

January 29th — Per The Block, the U.S. Securities and Exchange Commission (SEC) has issued joint guidance from its Division of Corporate Finance, Division of Investment Management, and Division of Trading and Markets, clarifying that tokenized securities fall within the federal securities law definition of "securities" and are subject to registration, disclosure, and other applicable obligations. The SEC breaks down tokenized securities into two categories: - **Issuer-sponsored**: Directly integrates blockchain into ownership records; - **Third-party-sponsored**: Involves a third-party custodian holding the underlying securities and issuing tokenized interests, or issuing "tethered securities" that offer synthetic exposure to the assets. This guidance is part of SEC Chair Atkins’ "Token Classification Framework" — an initiative to align with market structure legislation being advanced by U.S. lawmakers and establish a clear regulatory framework for the asset class.

On January 29th, on-chain data analyst Yu Jin reported that a whale address transferred 45 million USDC to the Hyperliquid platform to purchase HYPE tokens. After over 10 hours of continuous buying, the address has acquired 909,000 HYPE—valued at 30.5 million USDC—at an average price of $33.5 each. The purchase remains ongoing, with the remaining 14.5 million USDC expected to be fully converted to HYPE later today.

**January 29th** Per data from the Coinbob Popular Address Monitor and Coinglass, Bitcoin (BTC) led network-wide liquidations over the past 24 hours. The single largest liquidation hit $12.47 million, executed by the crypto whale known as the "Air Force Commander" (address: 0xd83...) on the Hyperliquid platform. The liquidation stemmed from BTC’s short-term surge starting at 2:00 AM ET this morning, when it broke above $90,000. The address significantly expanded its 40x-leveraged BTC long position, pushing its total position size to $63.2 million—with both the liquidation price and average entry price rising in tandem. Subsequently, BTC prices continued to decline, currently trading 2.1% below its daily high. At 5:02 AM ET, the address sustained a major hit: 140 BTC in long positions were liquidated (valued at ~$12.47 million). Over the following hours, another 112.2 BTC in long positions were liquidated (~$9.9 million), bringing the total liquidation amount to $22.37 million.