According to Huoxun Finance on January 17th, CoinAnk data shows that in the past 24 hours, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $121 million, including $83.2608 million in long positions and $38.1046 million in short positions. The total liquidation amount for BTC was $21.0949 million, and the total liquidation amount for ETH was $23.1523 million.

Huoxun Finance reported on January 17th that Nansen CEO Alex Svanevik posted a message on the X platform expressing dissatisfaction with Coinbase Advanced's high fees, writing, "120 basis points??? Coinbase's fees are outrageous." According to the notification information shown by Alex Svanevik, his Coinbase Advanced account's fee tier has been changed to Intro1, with a new Taker fee of 1.2% and a Maker fee of 0.6%. It is understood that this fee tier is calculated based on trading activity or asset holdings over the past 30 days.

Huoxun Finance reported on January 17th that Chris Dixon, Managing Partner of a16zcrypto, stated in an article on the X platform that crypto developers urgently need clear rules. While both parties in the US, along with Trump and members of the crypto industry, have worked closely over the past five years to protect decentralization, support developers, and provide equal opportunities for entrepreneurs—the core of the CLARITY Act is to achieve these goals. However, the Act is not perfect; its progress is still too slow and requires amendments before becoming law. But if the US wants to continue being the best place globally to build the crypto future, it must accelerate the CLARITY Act's progress.

Odaily Planet Daily reports that Nansen CEO Alex Svanevik criticized Coinbase Advanced's fee structure in a post on the X platform. Reportedly, the fees for his Coinbase Advanced account, calculated based on the past 30 days of trading activity or asset holdings, have changed to Intro 1, with the new Taker fee at a staggering 1.2% and the Maker fee at 0.6%. Alex Svanevik wrote, "120 basis points??? Coinbase's fees are outrageous."

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