CryptoQuant said custody wallets holding 100–1,000 BTC accumulated about $53 billion in Bitcoin over the past 12 months, and founder Ki Young Ju noted 577,000 BTC was added to this cohort. The firm also pointed to an increase of around 33% over 24 months. In the United States, spot Bitcoin ETFs have posted an aggregate inflow of $1.2 billion so far this year.

On the night of 10 January, an attacker used social engineering to drain over $282 million in BTC and LTC from a single holder. The haul moved through THORChain, into ETH and XRP, with 1,468.66 ETH (~$4.9 million) mixed via Tornado Cash, while Monero activity briefly spiked.

US President Donald Trump unveiled a punitive tariff plan targeting eight European countries, with a 10% levy starting on February 1, 2026 and potentially rising to 25% by June. Bitcoin fell about 3% into the low-$90,000 range as investors rotated to havens, while reports indicated $750 million–$875 million in crypto long liquidations.

Analysts from Glassnode reported that Bitcoin spot market activity is picking up and sell-side pressure is easing, even as demand remains fragile. Bitcoin dropped from a recent high near $95,450 to trade below $93,000, while other analysts noted that weakening liquidity and network growth resemble conditions that preceded a past bull rally.

In January 2026, Strategy (formerly MicroStrategy) ramped up its Bitcoin strategy with a fresh $1.25 billion BTC acquisition followed by additional large buys. Michael Saylor has now hinted at another major purchase, after the firm lifted its holdings to about 687,410 BTC and roughly 3% of the 21 million BTC supply while MSTR stock and institutional interest showed renewed strength.

On January 20, 2026, onchain data showed Bitcoin options open interest reaching a record $74.1 billion, exceeding futures open interest of $65.2 billion for the first time. Most options exposure is concentrated on IBIT and Deribit, while BTC trades around $93,189 amid a 15% hashrate drop from October's peak and ongoing miner capitulation. U.S. spot Bitcoin ETFs also saw over $390 million in outflows on January 18, coinciding with broader risk-off sentiment.

According to NewsBTC, Bitcoin extended losses below $94,000 and $93,000, setting a $91,866 low while trading under $93,000 and the 100-hour SMA. The analysis flags resistance at $93,200–$93,650 and a bearish trendline near $94,600, with downside risk intensifying if $91,500 and $92,000 supports give way.

Cardone Capital invested $10 million in Bitcoin during a market dip, adding to an estimated reserve near 1,000 BTC. Over the weekend leading to January 19, BTC briefly exceeded $95,000, fell below $92,000, and was about $93,184 at the announcement. The firm plans to hold long term and fund additional buys from rental income.