TokenSherpa

At midnight, a major platform transferred 19,300 SOL (approximately $2.46 million) to market maker Wintermute, which then sent 18,600 SOL to another exchange a few minutes later. This rapid flow of funds reflects market participants' adjustments and liquidity needs, highlighting the importance of monitoring SOL's market dynamics and large holder behavior.

Bitmine Immersion Technologies received 81% support at the shareholders' meeting, increasing the limit on the number of shares that can be issued, and enhancing flexibility for future financing and mergers and acquisitions. The company holds a large amount of crypto assets and cash, and management has pledged to issue shares at no less than the market net asset value to reduce the risk of equity dilution.

Recently, the weakening of the US dollar, the decline of US bonds, and the rise of gold indicate that investors' confidence in US assets has diminished, shifting towards alternative assets such as gold and cryptocurrencies. This marks a significant adjustment in market risk appetite, with investors seeking new opportunities for growth and preservation of value.

The former FTX team co-founder launched an AI-driven derivatives trading platform, Perpetuals.com. The platform leverages over 10 million trading data points, uses AI to analyze market sentiment, and helps optimize trading strategies. It combines blockchain technology to achieve 24/7 self-clearing, providing users with innovative solutions.

Recently, the market has been tense due to Trump's tariff remarks, leading to a sharp decline in cryptocurrencies such as Bitcoin. Options market makers are in a negative Gamma position, which has intensified market volatility, affecting retail investors. Meanwhile, the legal challenges to Trump's tariff policies in the future could also exacerbate market turbulence. Traditional market signals are also showing unfavorable trends, making it difficult for the crypto market to operate independently.

Solana's staking rate hits a new high of 68.8%, indicating increased confidence among token holders in the network's security and long-term prospects. A high staking rate may lead to tighter market liquidity, providing price support and demonstrating the resilience of the Solana ecosystem after adjustments.

Immunefi (IMU) will launch on Launchpool from January 22 to January 28, offering a reward of 20 million IMU. The event is divided into two pools: BGB staking pool (19.5 million IMU, VIP users lock 50,000 BGB, regular users lock 5,000 BGB) and IMU staking pool (500,000 IMU, individual lock-up limit of 25 million IMU). Participants can choose the method that suits them for staking.

Currently, the top 30 long whale holdings are all in floating loss, with the largest whale holding experiencing a floating loss of $21.3 million and facing liquidation risk. Another whale has also suffered significant floating losses, with the address at the highest risk being only 2.87% away from liquidation. This situation indicates that market risk has significantly increased.

Recent on-chain data shows that two whale wallets are adopting completely different strategies in the ETH market. One large whale wallet is bullish, transferring in $6.39 million USDC and opening a $31.18 million ETH long position with 12x leverage; the other is bearish, injecting $3 million USDC and opening a $11.96 million ETH short position with 4x leverage, indicating a complex market sentiment.

Ethereum's recent rebound has attracted attention, with technical signals and on-chain data supporting its potential to continue. There is a phenomenon in the market where ETH bullish options are being sold while spot buying persists, indicating that participants are taking disciplined actions and making steady arrangements. The buying is mainly driven by spot demand, and the rebound foundation is solid, not just short-term speculation.

An on-chain trading expert flexibly adjusted their short-selling strategy during a declining market, turning a $3 million principal into $10 million, and currently holding $250 million in short positions, with significant unrealized gains especially in BTC and ETH. This strategy is worth paying attention to, but leverage risks should also be approached with caution.

On January 20th, a trader closed 242 BTC on-chain, incurring a loss of $1,042,000, and immediately went long on XYZ100 with 20x leverage, showing optimism about the future of tech stocks.

Ethereum network activity has surged to 2.7 million new addresses, with daily transaction volumes exceeding 2.5 million. However, there is a hidden risk of address poisoning attacks behind this growth. The significant drop in fees has reduced the cost of spam attacks, resulting in over 116 victims losing more than $740,000. This phenomenon reflects the contradiction between increased usability due to lower transaction fees and the reduced cost of attacks.

【BitPush】LayerZero's official account recently posted a statement that exudes a sense of certainty—indicating that some concepts may seem distant but will eventually be valued by the world. This highly confident statement, combined with the timeline hint, suggests that a major announcement may be made on February 10th. As a leading protocol focused on cross-chain interoperability, every major move by LayerZero tends to impact the market nerves. Is this an ecosystem upgrade, a new feature release, or another strategic deployment? Stay tuned for updates.

【Blockchain Rhythm】 A major exchange officially announced that on January 20, 2026, at 08:00:00 (UTC), its margin trading feature will officially open for BTC/USD and LTC/USD trading pairs. This means users can participate in leveraged trading of these two mainstream cryptocurrencies through the margin mechanism. BTC, as the market leader, and LTC, as a traditional mainstream coin, are both popular varieties for margin trading. The launch of new trading pairs provides more operational space for hedging traders and professional traders. Users interested in participating in margin trading can prepare in advance.

Institutions' enthusiasm for Bitcoin investment remains unchanged. Last year, US custodial wallets added 577,000 BTC, indicating continuous large-scale investment and reflecting stable institutional confidence.

Platform X has improved the average active duration significantly by optimizing the user interest matching mechanism and adjusting the new user recommendation logic. This has solved the cold start problem for new accounts, increased user stickiness, and brought positive effects to platform growth.

The probability of the Federal Reserve cutting interest rates in January is only 5%, with expectations to keep the current rates unchanged. By March, the probability of a 25 basis point cut rises to 20.7%, but the chance of no change remains high at 78.4%. Overall, there is a strong expectation of maintaining an hawkish stance in the short term, and the crypto market should exercise caution.

Zama Mainnet Staking Function Launch, ZAMA Token Features a Deflationary Mechanism and Dual Roles. Users can earn rewards through staking. The incentive distribution is uneven, with FHE and KMS nodes receiving 40% and 60% of the rewards respectively, promoting ecosystem participation and liquidity management.

Magic Eden officially announced that starting February 1st, 15% of revenue will be invested into the ME token ecosystem, divided equally to be used for ME token buybacks and USDC rewards for ME stakers. The new mechanism will replace the old buyback plan, allowing stakers to claim USDC monthly, but they should note the 90-day claiming period. This initiative aims to incentivize long-term holding and staking users to share in the platform's growth benefits.