Crypto Daily Report #我的2026第一条帖 01.11(: Bitcoin Whales Concentrate on Reducing Holdings and ETF Continues to Experience Net Outflows, Raising Market Alerts

1. Market Dynamics and Capital Flows (Including Liquidations and ETF Flows)
1. The single-day liquidation amount in the Bitcoin market reached $124 million, with over 70% of liquidations involving long positions. Liquidations for BTC and ETH were $25.19 million and $17.09 million respectively.
2. The US spot Bitcoin ETF experienced significant capital fluctuations, with a total net outflow of $681 million last week. On January 7th, there was a weekly inflow of $69.725 million, but the week was mainly characterized by outflows. In December, there was a net outflow of over $1 billion, and since the beginning of the year, the net outflow has reached $209.87 million.
2. Bitcoin Whales/Large Holders' Behavior
1. The Bitcoin whale from 2010, after a year of dormancy, has awakened and transferred 2,000 BTC worth $181 million to Coinbase, employing a systematic long-term unwind strategy.
2. Large holders with 1,000 to 10,000 BTC reduced their holdings by 220,000 BTC, marking the fastest reduction rate since 2023, possibly indicating market correction expectations.
3. A whale address opened a $36.27 million BTC long position on Hyperliquid platform, while simultaneously shorting ETH, SOL, and AVAX worth similar amounts, constructing a cross-asset hedging strategy.
3. Institutional and Bank Movements
CZ pointed out that US banks have continued to increase their Bitcoin holdings during market downturns, reflecting long-term confidence in BTC.
4. Market Technical Analysis and Trend Forecasts
1. Technical analysis suggests that in the short term, ETH breaking above $5,000 may be easier than BTC reaching new highs, as ETH has experienced a smaller rally from its bear market lows. The MACD indicator shows increasing bullish momentum, while BTC's bullish advantage is diminishing.
2. Brazilian exchange Mer Bitcoin predicts six major trends by 2026, including Bitcoin reaching 14% of gold's market value, stablecoin market cap reaching $500 billion, alternative coin ETFs growing to $10 billion, and tokenized asset markets expanding to $54 billion.
5. Industry Risks and Technological Developments
#Quantum computing development may potentially break current encryption standards, threatening the security of Bitcoin and other digital assets. The industry needs to accelerate the adoption of post-quantum cryptography technologies.