The "BTC OG Insider Whale" address trimmed its long exposure over the past 8 hours on Jan. 27, closing about 30,580 ETH long positions and 427.3 BTC long positions worth roughly $126 million and realizing around $9.7 million in losses, according to Coinbob热门地址监控. It then posted about $20 million in margin to Binance, while its overall position size declined to $679 million with total floating losses near $49 million, and it remains the largest on-chain long in ETH and SOL. Current holdings include a 5x ETH long worth $560 million with a $3,161 entry price, a $44.63 million floating loss (-39%) and liquidation at $2,157; a 10x SOL long worth $63.5 million with a $130 entry price and a $3.06 million floating loss (-48%); and a 5x BTC long worth $50.7 million with a $91,500 entry price and a $1.72 million floating loss (-17%). On-chain, address (0xcA0) continued borrowing stablecoins on AAVE on Jan. 27, taking cumulative borrowing to $240 million and accumulating 148,000 ETH worth $433 million, reflecting reduced Hyperliquid futures exposure alongside aggressive spot accumulation.

Polymarket odds for "Bitcoin to fall to $85,000 in January" dropped to 30% on January 27, according to BlockBeats. Bitcoin traded back above $88,000, last quoted at $88,609. On Polymarket, odds of a drop to $80,000 stand at 4%, while the probability of a rally to $100,000 is 2%.

Bitcoin rose back above $88,000 on January 27, trading around $88,408, based on Coinglass data cited by BlockBeats. Funding rates on major centralized and decentralized exchanges show that overall bearish positioning has eased compared with the previous day, although short interest in altcoins remains strong. BlockBeats explained that funding rates are a mechanism on cryptocurrency trading platforms, mainly for perpetual contracts, that keep contract prices aligned with underlying asset prices through payments between long and short traders rather than platform fees. According to BlockBeats, a funding rate of 0.01% is seen as the benchmark, with levels above 0.01% indicating a broadly bullish stance and rates below 0.005% signaling a generally bearish view.

BlockBeats reports that Mezo, a Bitcoin scaling network, launched a MEZO airdrop query page on January 27. The dedicated page is available for querying the MEZO airdrop.

The US Marshals Service is investigating an alleged theft involving about $40 million in seized crypto assets, according to a Jan. 27 report citing blockchain investigator ZachXBT. ZachXBT accused John "Lick" Daghita, son of the president of CMDSS, a service provider to the Department of Defense and the Department of Justice, of moving assets from government crypto wallets managed by his father's company. He said he had traced at least around $23 million of funds back to roughly $90 million in crypto seized by the government during 2024 and 2025, and that he submitted a complaint to law enforcement last week. The leads allegedly came from videos shared in a Telegram group where the person involved flaunted wealth and inadvertently exposed wallet addresses that were then linked to the funds via on-chain analysis, while US Marshals Service Public Affairs Chief Brady McCarron said they could not comment further because the investigation is ongoing.

Open interest on Hyperliquid's HIP-3 DEX rose past $790 million to an all-time high on January 27, driven mainly by a surge in commodities trading, according to The Block. Hyperliquid CEO Jeff Yan said the platform is among the most liquid venues for crypto price discovery, adding its BTC perpetual futures spreads are tighter than on Binance. The HIP-3 protocol added Builder-Deployed Perpetuals in October last year, enabling eligible developers to launch their own perpetual futures markets. TradeXYZ is currently the largest HIP-3 DEX, with about $22 billion in daily trading volume and roughly 90% of the overall market share.

The U.S. dollar fell broadly on 1 月 27 日, and the Japanese yen surged to a more-than-two-month high after comments from Japan's prime minister and the Finance Ministry spurred speculation that Washington and Tokyo could act together in the FX market, according to BlockBeats. 美元兑日元在过去两个交易日中下跌近 3%, marking the steepest two-day decline since the market turmoil associated with last April's "Liberation Day" tariffs, with traders citing heightened intervention risk. A source said the New York Fed contacted dealers to inquire about 美元/日元 rates, a step viewed as a potential precursor to intervention, while Nomura's G10 FX strategy head Dominic Bunning noted that coordinated efforts by Japan's Finance Ministry and the U.S. Treasury would be a stronger force to limit USD/JPY upside. Goldman analysts said the signal for intervention appears stronger than in 2022 or 2024 if U.S. participation is possible, though they cautioned that direct operations often have only temporary impact when broader pressures are justified; ahead of a Federal Reserve meeting and a possible Trump announcement on the next Fed chair, investors trimmed dollar positions as worries over another U.S. government shutdown weighed.

Democratic senators remain open to renewed negotiations on the Senate Agriculture Committee's crypto market structure bill to seek a bipartisan compromise after talks ran into setbacks on Jan. 27, BlockBeats reported. A Democratic aide said members were caught off guard at the start of the new year when Republicans drafted a new version without sufficient consultation and had planned to move it directly to a mid-January markup. Democrats aim to re-engage with Chair Republican Senator John Boozman's team before this week's vote, and some lawmakers are pressing to restart talks so a bipartisan text can be ready ahead of the hearing. The committee's amendment-and-vote session, originally set for Tuesday, was postponed to Thursday due to severe weather in Washington, while the bill would establish a federal digital-asset regulatory framework clarifying oversight between the SEC and CFTC and setting related disclosure requirements; analysts noted that with the Banking and Agriculture committees advancing separate versions, bipartisan cooperation remains a prerequisite for progress.

Onchain Lens data show BitMine purchased 20,000 ETH worth $58.22 million from FalconX on January 27. The firm restaked 184,960 ETH valued at $538 million, lifting its cumulative staked position to 2,128,160 ETH with a notional value of $6.22 billion.