the total open interest amounted to $104663058874.28693, with BTC at $49.43 billion, ETH at $30.60 billion, XRP at $5.25 billion, LTC at $2.01 billion, ETC at $1.19 billion, DASH at $1.17 billion, IOTA at $1.10 billion, XMR at $504.39 million, QTUM at $495.07 million, . The data is sourced from the quarterly and perpetual contracts on Bitget,dYdX,Deribit,CME,Hyperliquid,Binance,Coinbase,OKX,Bybit,Gate,HTX,Kraken,Crypto.com,Bitfinex,BitMEX. This report is for informational purposes only and does not constitute investment advice.

The total liquidation amount in the past 24 hours was $71.97 million, including $10.36 million in ENSO, $4.86 million in RIVER, $3.91 million in ETH, $3.51 million in SOMI, $3.28 million in AXS, $3.28 million in SHELL, $2.73 million in BTC, $2.53 million in 0G, $2.28 million in KAIA, $2.12 million in ACU, $1.43 million in SPACE, $1.36 million in ZEC, $1.12 million in LINEA, $985,097.59 in PUMP, $889,795.4 in LPT, $822,293.22 in FOGO, $674,513.9 in IP, $611,894.03 in IRYS, $496,694.58 in DASH, $486,341 in SOL, $429,541.04 in SAND, $408,013.44 in SKR, $404,529.52 in SENT, $400,564.99 in PENGUIN, $395,208.62 in HYPE, $373,100.91 in DUSK, $353,985.45 in EUL, $344,958.3 in BERA, $339,269.93 in DOGE, $319,027.66 in SPX, $317,583.48 in ZRO, $308,474.58 in XRP, $299,582.15 in ELSA, $295,910.37 in WLFI, $294,171.48 in FIGHT, $287,880.53 in BLUAI, $281,295.4 in WCT, $280,914.74 in ZAMA, $275,922.19 in LIGHT, $263,387.49 in MELANIA, $252,723.37 in 1000PEPE, $250,519.36 in XMR, $245,319.28 in FHE, $234,659.52 in PEPE, $222,090.92 in ASTER, $219,898.16 in SUI, $205,427.61 in MMT, $205,234.18 in TIA, $194,608.32 in ENA, $193,379.03 in MYX, $181,282.81 in AVNT, $163,712.06 in FLUID, $161,716.96 in BEAT, $152,385.64 in MANA, $148,185.74 in ORDER, $142,590.71 in PIPPIN, $139,598.65 in LIT, $137,765.33 in ZKP, $136,023.38 in FARTCOIN, $123,317.67 in FIL, $122,073.34 in TRUMP, $119,964.2 in NOM, $118,484.7 in RESOLV, $115,119.18 in OPEN, $110,487.57 in XPL, $109,765.97 in 2Z, $109,499.64 in AIA, $108,989.55 in ZEN, $107,628.44 in CHZ, $104,893.84 in FF, $102,368.64 in STABLE, $100,759.33 in MERL, $100,529.17 in TRUST, $99,426.79 in BIANRENSHENG, $93,080.73 in ADA, $89,699.04 in BNB, $89,319.49 in WHITEWHALE, $86,680.28 in WIF, $82,292.94 in TRX, $80,201.68 in GUN, $79,234.6 in 1000BONK, $77,671.26 in CLO, $75,601.6 in NEAR, $74,114.62 in GALA, $68,115.08 in BREV, $68,070.98 in WLD, $64,178.32 in PENGU, $62,822.98 in ROSE, $61,722.09 in HANA, $61,564.79 in SOLV, $60,826.91 in NAORIS, $60,498.79 in AVAX, $59,244.78 in APR, $58,517.78 in SSV, $54,741.26 in USELESS, $53,429.95 in AAVE, $53,077.35 in ZBT, $52,807.55 in VIRTUAL, $52,678.23 in ICP, $3.60 million in Others. The data is sourced from the quarterly and perpetual contracts of Binance, OKX, Bybit, Gate, Hyperliquid, HTX, Bitfinex, BitMEX. The statistical period is from 8:30 AM on January 24, 2026 to 8:30 AM on January 25, 2026. This report is for informational purposes only and does not constitute investment advice.

According to Huoxun Finance on January 24th, GarrettJin, an agent of "1011 Insider Whale," posted on the X platform that Rick Rieder's probability of becoming the next Federal Reserve Chairman has risen to 59.9%, significantly ahead of Kevin Warsh. It is understood that Trump has already completed interviews and has a clear preference. Rick Rieder has gained recognition for his central bank-like composure and bold Fed reform ideas. The result could be announced as early as next week. If elected, there will be two major benefits: first, the on-chain implementation of RWA will proceed more smoothly, regulatory friction will decrease, and institutional funds will flow in more quickly; second, the stability of the US Treasury and bond market will be enhanced, improving the efficiency of Treasury bond issuance and balance sheet repair, which aligns with the current administration's policy orientation. Market opinion believes that Rick Rieder leading the Fed would be a huge boon for RWA and ETH, and the RWA narrative is expected to gain further traction.

Huoxun Finance reported on January 24th that Franklin Bi, General Partner of Pantera Capital, stated in an article published on the X platform that the quantum-resistant race has begun, but the market has clearly misjudged the adaptability of traditional finance and blockchain. First, the market overestimated the speed at which the Wall Street system can adapt to quantum-resistant technology upgrades. The migration process of traditional financial infrastructure will be slow and chaotic, and it will be difficult to avoid risks such as single points of failure. The overall security of the traditional financial system depends on its weakest link. Second, the market underestimated the unique upgrade capabilities of blockchain technology. If upgrades can be successfully completed within the critical window, some blockchains are expected to evolve into "safe havens" for data and assets in the quantum-resistant era. Ethereum is already one of the few successful examples demonstrating the ability to complete complex system upgrades globally (such as the previous TheMerge upgrade). The security risks brought by quantum computing may actually strengthen the "gravitational effect" of a few core blockchain networks.

According to Huoxun Finance on January 24th, CoinAnk data shows that in the past 24 hours, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $240 million, including $56.2528 million in long positions and $183 million in short positions. The total liquidation amount for BTC was $87.7024 million, and the total liquidation amount for ETH was $61.1106 million.