SerumDegen

【Blockchain Rhythm】The most interesting on-chain information recently: a whale account deposited 419,747 USDC in one go last night, and this morning decisively added to its Ethereum long position. The total position of this account now exceeds $10 million, with an ETH holding of 3333.8888 ETH, using 25x leverage to go long. At the current price, the liquidation price is set at $2940.71. What is the logic behind such large-scale position increases—are they optimistic about a recent Ethereum rebound, or are they just building a position at a key level? It’s worth paying attention to this account’s subsequent actions.

The latest market forecasts show that institutions and traders are more confident in gold, with a 47% probability of gold performing the best in 2026. Benefiting from geopolitical uncertainties and a weak US dollar, gold has risen by 12.6% this year. In contrast, Bitcoin has only increased by 0.3%, performing poorly and facing technical support level challenges.

【Crypto World】Bitcoin has just fallen below a key level. BTC is quoted at $88,928.01, down 1.68% in the past 24 hours. Market trading activity remains strong, with daily trading volume reaching $54.663 billion. It seems that many investors are looking for opportunities in this pullback.

A well-known large trader suffered a heavy blow on the Hyperliquid trading platform, with a loss of $4.16 million this week, bringing the total profit and loss to $24.5 million. Although they still hold an ETH long position worth $1.7 million, their gains are insignificant compared to the weekly loss, highlighting the severe challenge that high-leverage platforms pose to traders' risk management capabilities.

The recent pullback in Ethereum and the crypto market is not due to geopolitical events, but rather caused by rebalancing in the US stock technology sector and sell-offs in the global bond market. Countries are actively responding to the pressure on global risk assets from bond market volatility.

Trump discusses the reasons for the stock market decline, believing that the main factor is geopolitical issues, and remains optimistic that the stock market will double in the future. He supports NATO but is uncertain about its returns, reflecting the complex considerations of the US in global strategy and highlighting the importance for investors to pay attention to political developments and their impact on the market.

Italy's central bank governor Fabio Panetta stated that stablecoins can only serve as a supplement to traditional financial models and cannot disrupt the existing system. Their stability depends on being pegged to fiat currency. He warned the banking industry to be aware of competition in payment settlement and to remain vigilant against multi-issuer stablecoins to prevent legal and financial risks.

Ethereum core developers call for a shift to decentralized social media platforms, advocating for user-centric communication tools. They criticize projects overly reliant on speculative tokens, support teams focused on social utility, reflecting a shift in the Web3 ecosystem towards application value.

BlackRock recently transferred 635.16 Bitcoins and 30,827.68 Ethereum to compliance platforms, valued at over $147 million, indicating an acceleration in its crypto asset allocation. This move sends a positive signal to the market, reflecting institutional recognition of the market.

【Blockchain Rhythm】Just detected a major move—an address belonging to a whale has taken action in the past 3 hours, spending 26.85 WBTC (approximately $2.39 million) to buy 490.4 gold tokens XAUT in one go, with an average cost of around $4,877 per unit. This transaction is quite significant, and the market is paying close attention to such large-scale position changes. The WBTC to XAUT trading direction indicates that large funds are adjusting their asset allocation structure.

【Crypto World】A leading exchange has announced the launch of Ripple USD (RLUSD). This is a USD-pegged stablecoin issued by Ripple officially, and users can trade this new currency on the platform.

A certain whale shorted 937 ETH with 3x leverage, with an average entry price of $2,988.45, currently showing an unrealized profit of $11,200. They reduce slippage through high-frequency small trades, reflecting institutional trading strategies and market risk management. For retail investors, this indicates a change in market sentiment.

A certain PEPE mega-long position recently closed 5618.97 ETH, incurring a loss of $223,900. Previously, they earned $963,600 in kPEPE trading, reflecting the significant risks brought by market volatility. Even experienced large traders find it difficult to predict market changes.

On January 21, US Bitcoin spot ETF experienced a capital outflow of $479.7 million, mainly from Grayscale GBTC and Fidelity FBTC, reflecting market adjustment pressures and differing investor opinions. Although the outflow was significant, such fluctuations are not uncommon in history, and the market is still oscillating and testing the bottom.

Seeker officially announces that the SKR airdrop has started, lasting for 90 days, targeting 100,908 Solana Mobile Seeker users, with a total of 1,819,755,000 SKR tokens distributed based on user levels. This move aims to encourage community participation and contribution.

【Crypto World】Solana Mobile ecosystem welcomes new developments—native asset SKR is officially launched. This means community users can start claiming and staking SKR, further participating in the development of the Solana mobile ecosystem. As a key token in the Solana Mobile ecosystem, the launch of SKR also marks another step in the blockchain's expansion into the mobile space. If you're interested in the Solana ecosystem, take a look at the mechanism design of this new asset.

Whale address nemorino.eth has purchased 9,043 WETH at an average price of $3,085 over the past two months, with an unrealized profit of $2.87 million. However, due to recent price declines and a lack of timely profit-taking, selling 3,000 tokens only yielded a $30,000 profit. The current account is unrealized at a loss of $472,000, reflecting that even large investors find it difficult to grasp market timing.

The crypto market experienced a correction today, with well-known early BTC holders seeing unrealized losses expand to $49 million. Their main positions include $660 million in ETH long positions, with unrealized losses of $44.88 million, along with BTC and SOL long positions. Overall losses are significant, especially with ETH under the most pressure.

【ChainWen】New assets are now available! A compliant platform has just announced the official launch of ELSA. Users can now trade directly on the platform's website and app. Friends interested in participating can log into their accounts to experience the full range of operations including buying, selling, exchanging, sending, receiving, or storing ELSA. Interested users can check it out, as the launch of such new assets usually comes with many opportunities.