OnChainDetective

【Blockchain Rhythm】According to the latest statistics from the on-chain data monitoring platform, a well-known institutional research department currently holds 626,700 ETH, with an average cost basis of approximately $3105.5. Based on the latest price, the total value of this holding has reached $2.008 billion. Notably, floating profits have recently narrowed significantly, with unrealized gains shrinking to around $61.7 million. This trend reflects the asset value fluctuations of large holders in the current market volatility environment and provides important data reference for market participants.

Latest data shows that in the past 24 hours, Ethereum experienced a large-scale net outflow on major exchanges, totaling 44,000 ETH. Among them, OKX had the largest outflow, reaching 21,900 ETH. Meanwhile, a compliant platform saw an inflow of 2,086.23 ETH against the trend, reflecting differing market participant expectations and changes in capital flow.

A player on the chain profits through a series of operations, leveraging DeFi leverage features: withdrawing $33.68 million worth of Ethereum from Binance, converting it to stETH and depositing it into Aave to lend out $45 million USDT, then repurchasing stETH for cyclical lending, demonstrating their financial strength.

【Blockchain Rhythm】Today, Bitcoin experienced another wave of volatility. It briefly fell below the $92,000 mark, but then rebounded and is now stable around $92,800. Over the course of the day, the decline was approximately 2.41%. Short-term fluctuations are quite noticeable, and many traders have likely felt the market's ups and downs.

【Crypto World】On-chain data shows that addresses associated with the Trump team transferred 381,000 TRUMP tokens to Binance in the past three hours, valued at approximately $2 million at current prices. This large transfer immediately drew market attention. The move may indicate the team's adjustment of TRUMP token liquidity or trading strategies, but the specific intent requires further observation.

Recently, several attention signals have appeared in the crypto market. The XRP ETF product size has surpassed $1.52 billion, but the price is hovering around $2.05. The SHIB token burn rate plummeted by 86.14%, which could impact the token price. Meanwhile, TRON founder Justin Sun is willing to spend $30 million to have a conversation with Elon Musk, reflecting the industry's desire for cross-sector communication.

ALT5 Sigma Corporation under WLFI recently received confirmation from NASDAQ, requalifying for listing rules and eliminating compliance deficiencies caused by delayed financial report submissions. This marks the company's completion of rectification, with financial disclosures returning to normal, which is of significant importance for the stable operation of its capital market.

There are disagreements in the U.S. Congress regarding the inclusion of cryptocurrencies in 401(k) retirement accounts. Some lawmakers are concerned about their high price volatility and lack of regulatory transparency, which could increase pension risks. Regulation needs to strike a balance between innovation and risk prevention.

Last week, Bitcoin spot ETFs experienced significant capital inflows, with a net inflow of $1.42 billion. BlackRock's IBIT performed outstandingly, attracting $1.035 billion, with total inflows surpassing $63.440 billion. Fidelity's FBTC had a net inflow of $194 million. In contrast, Grayscale's GBTC remains in a net outflow state, with total outflows of $25.410 billion. The current total net asset value of Bitcoin spot ETFs is $124.56 billion, accounting for 6.53% of Bitcoin's total market capitalization.

【Blockchain Rhythm】Hyperliquid officially launches the AXS/USDC perpetual contract trading pair, allowing traders to open positions with up to 5x leverage. This launch adds a new derivative trading option for platform users, especially for AXS holders seeking leveraged exposure. Perpetual contracts have no expiration date, making them suitable for long-term traders to amplify returns or hedge risks through leverage. This move also reflects Hyperliquid's ongoing efforts to diversify trading products and enhance trading depth.

Genius Perp DEX trading terminal recently received tens of millions of dollars in investment from YZi Labs and expanded its advisory team, with CZ joining. The points system will switch to a traceability mode on January 17th, with previous points retained, and the first traceability event will start on January 19th, bringing new opportunities to early users.

【Crypto World】A large on-chain transfer has just occurred—approximately $302.7 million worth of USDC was transferred between two unknown wallets. Such massive stablecoin movements often indicate market participants preparing for position adjustments or large transactions. The identities of the sender and receiver are currently unknown, but the scale of this transaction is enough to attract market attention.

Senior lawyer Bill Morgan, regarding recent rumors that the SEC might refile charges against Ripple, cited the principle of "res judicata" to state that a retrial is impossible, emphasizing that Ripple's victory has been finalized. This viewpoint provides legal protection for Ripple and the cryptocurrency industry.

The draft cryptocurrency bill in the U.S. Senate has triggered a sharp market response, with Dogecoin rising by 8%. The bill could bring certain assets under a friendly regulatory framework, affecting trading freedom and liquidity. However, investors should remain calm, as the bill is still in the draft stage, and Dogecoin faces challenges such as limited use cases. Its long-term value depends on the project's own development.

The digital asset research director of a major digital asset management company clarified the CEO's misunderstanding regarding Bitcoin-related companies, emphasizing that there is no negative stance towards them. The company still holds 284,000 shares of the company and has recently increased its holdings, demonstrating its active investment intent.

【Crypto World】Interesting developments. According to on-chain data, the Solayer team recently transferred 18.32 million LAYER tokens to a major exchange, worth approximately $3 million. This team's wallet has received a total of 34.88 million LAYER (roughly 21.65 million RMB), and currently still holds 16.56 million, valued at over $2.7 million. Judging by this operation rhythm, the team is handling tokens in batches—whether for liquidity management or other plans, keeping a close watch is never a bad idea.

Yesterday, Kiln wallet transferred out 13,849,100 TON, worth approximately $23,682,000, to an anonymous address. The address immediately transferred all these TON tokens elsewhere. Some speculate that it might be institutional adjustments or internal exchange movements, but the specific intent remains to be observed.

Cryptocurrency lending platform Nexo has signed a four-year sponsorship agreement with the Revolut F1 team, valued at tens of millions of dollars. The brand will appear on the race cars and team apparel. The crypto industry continues to increase its investment in sports sponsorships, especially in football, reflecting a trend of shifting towards traditional marketing strategies.

A leading exchange will launch the FUN perpetual contract at 11:00 AM on January 17, supporting three trading methods: web, app, and API. This provides new investment opportunities for traders optimistic about FUN's medium- to long-term performance.

The U.S. Department of Justice confirms that Bitcoin seized from criminal or civil cases will be held long-term rather than auctioned off for liquidation, reflecting a new recognition by the government of Bitcoin as a strategic reserve asset, which has changed digital asset management policies.