According to Huoxun Finance on January 25, OKX market data shows that BTC has just fallen below $89,000 and is currently trading at $88,999.30 per coin, down 0.31% on the day.

According to SoSoValue data, Ethereum spot ETFs saw a net outflow of $611 million this week (January 19th to January 23rd, Eastern Time). The BlackRock ETF (ETHA) experienced the largest net outflow this week, with a weekly net outflow of $432 million. ETHA's historical total net inflow has reached $12.51 billion. This was followed by the Fidelity ETF (FETH), with a weekly net outflow of $78.03 million. FETH's historical total net inflow has reached $2.59 billion. The Grayscale Ethereum Mini Trust (ETH) saw the largest net inflow this week, with a weekly net inflow of $17.824 million. ETH's historical total net inflow has reached $1.64 billion. As of press time, the total net asset value of Ethereum spot ETFs was $17.7 billion, with an ETF net asset value ratio (market capitalization as a percentage of total Ethereum market capitalization) of 4.99%. The historical cumulative net inflow has reached $12.3 billion.

Huoxun Finance reported on January 25th that, according to Bitsmedia, the Russian Prosecutor General's Office has designated the Ukrainian cryptocurrency exchange WhiteBit as an undesirable organization. The regulator believes the exchange was used to illegally transfer funds out of Russia, including to fund the Ukrainian armed forces. The Russian side also added WhiteBit's parent company, WGroup, and all its affiliates and subsidiaries to the list. The Prosecutor General's Office stated that since 2022, WhiteBit's management has transferred approximately $11 million to the Ukrainian military, of which approximately $900,000 was used to purchase drones. The office also alleged that the platform cooperated with the Ukrainian Ministry of Foreign Affairs to provide technical support for the United24 cryptocurrency donation platform. Currently, no cryptocurrency exchange is registered under existing Russian law. The Central Bank of Russia hopes that amendments to the law regulating exchanges and cryptocurrency traders will be completed by July 1st. The Central Bank of Russia plans to hold those involved in illegal activities in the cryptocurrency market accountable starting July 1, 2027.

According to Lookonchain monitoring, on January 25th, the whale 0xeA00 exchanged 120 bitcoins (worth $10.68 million) for 3623 ETH in the past two days.

According to Odaily Planet Daily, monitoring by on-chain analyst Ai Yi, the top short position holder on Hyperliquid (0xd83...8fd7) has increased its short position by 14.5 BTC, bringing its total position to $246 million, with a floating profit of $5.12 million. Currently, this address holds short positions in four tokens, with BTC and ETH accounting for 47.8% and 42% of the position respectively, and the opening prices were $90,671 and $3,026.83 respectively.