Trump delivered a speech in Davos on Jan. 21, reiterating his support for cryptocurrencies and pledging to ensure the United States remains the "global cryptocurrency capital", BlockBeats reports. He said Congress is actively advancing market structure legislation covering various crypto assets including Bitcoin, with the law expected to be signed soon to open new development paths for Americans. Trump also indicated he would soon announce a new Federal Reserve Chair, describing the choice as a "highly respected male", and voiced concern the next chair could "betray" him by changing behavior after taking office. Markets reacted with sharp volatility to his remarks, with both stocks and cryptocurrencies seeing an immediate rebound after he commented the previous day's decline in US stocks "didn't mean much" and the stock market would "double".

Donald Trump said on Jan. 21 at Davos that the United States would not use force and seeks only Greenland, BlockBeats reports. Gold fell about $40 to $4,845.07 per ounce, while cryptocurrencies rebounded with Bitcoin rising 0.86% over the past hour to $86,459.

Between 10:00 and 20:00 on Jan. 21, several large traders adjusted positions across major crypto assets, Hyperinsight data cited by BlockBeats show. Long-biased whale "pension-usdt.eth" fully closed its Bitcoin long exposure and opened 3x leveraged ETH short positions worth $73.52 million, while another whale with cumulative swing-trading profits of $98.18 million rebuilt a long position of 20,000 ETH. The address described as the largest on-chain PAXG bull took $330,000 in profit on its PAXG longs, cutting position size from $7.3 million to $3.58 million. On the short side, a whale known as "闪电反手" closed ETH shorts for $1.312 million in profit and added to BTC longs, while swing trader nemorino.eth sold 3,000 WETH.

Whale trader address pension-usdt.eth fully exited its Bitcoin long position and opened a 3x leveraged short on ETH worth $73.52 million on Jan. 21, BlockBeats reports citing Hyperinsight data. The entry price for the ETH short position is $2,927.33.

Alecta, Sweden's largest pension fund, sold most of its U.S. Treasury holdings on January 21 in a disposal worth about SEK 70–80 billion ($7.7–$8.8 billion), BlockBeats reports. The fund attributed the move to rising U.S. policy risk and unpredictability. A day earlier, Denmark's Akademiker Pension said it would offload around $100 million of U.S. Treasuries, citing growing credit risk linked to U.S. fiscal sustainability and policy direction, Jin10 reported.

Bitcoin fell over 0.5% and Ethereum dropped more than 1% on Jan. 21, with ETH hovering near $2,900, BlockBeats reports. Coinglass data show funding rates on centralized and decentralized exchanges skewed bearish for BTC, ETH and SOL, with Ethereum and Solana funding rates on Binance turning negative.

Address pension-usdt.eth reduced its Bitcoin long exposure and opened a 3x Ethereum short position on Jan. 21, Hyperinsight data show. The address now holds a 5x Bitcoin long position of 751.87 coins and a 3x Ethereum short position totaling 10,065 coins.

An AIA team wallet transferred tokens worth $3.7M around 5 hours ago, onchainschool.pro data show. About $778,000 of these tokens has since moved to a new address. AIA traded at $0.255 with a market cap of $51.03M at press time, and Binance listed AIA USDT-margined perpetual futures yesterday.