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BlockBeats News, January 28th, according to HyperInsight and Coinglass monitoring, due to the rapid short-term surge of BTC and ETH starting at 4 a.m. today, within the past 24 hours, the liquidation ratio of short positions for both cryptocurrencies on the Hyperliquid platform has exceeded 80%, accounting for 55% and 32% of the total liquidation scale, respectively. In particular, within the past 24 hours, the largest single liquidation across the network is still the "Air Force Commander" whale (0xd83...) who suffered another heavy loss at 4:09 a.m. today. The details are as follows: 40x BTC short position: a total of 2534 coins were liquidated, equivalent to about $22.55 million, with the largest single liquidation occurring at around $88,600, amounting to $13.25 million, also being the largest single liquidation across the network in the past 24 hours. 25x ETH short position: approximately 18,980 coins were liquidated during the same period, equivalent to about $56.94 million, with the largest single liquidation occurring at around $2989, amounting to $11.35 million. After the liquidation, the address quickly reversed its position, opening a 40x leveraged long position in BTC, with a position size of $49 million, an average price of $89,400, and a liquidation price of $88,290. This address has long been the largest short seller in multiple cryptocurrencies, with a total position size once approaching $500 million and has rolled over its positions multiple times. However, it has recently been subject to successive large-scale liquidations, including approximately $199 million on January 22nd and around $120 million on January 26th.

According to a report by Bijie Network: Boosted by progress in its "Neutron" rocket project (including the delivery of key fairing components), the stock price of a certain exchange soared by more than 8%. The stock has risen over 24% year-to-date and has accumulated a 195% increase over the past year. Morgan Stanley upgraded the stock rating to "Overweight" and raised the target price from $67 to $105, citing a "very optimistic" outlook for the space technology industry in 2026. However, some analysts have pointed out that the stock may be overvalued.

Aptos posted on X that the total stablecoin market capitalization has been continuously rising over the past 90 days, increasing by 1.3% last week to reach $311 billions. At the same time, the total stablecoin market capitalization on the Aptos chain has grown 32 times from 2024 to 2026, now exceeding $1.6 billions, and continues to increase as more assets are brought on-chain.