TokenomicsTrapper

A high-leverage trader purchased 120 Bitcoins on January 16th with 5x leverage, at an average price of $95,583.4, currently experiencing unrealized losses. The wallet mainly switches quickly between BTC, ETH, and META, demonstrating an aggressive trading style, worth monitoring for future developments.

The crypto market has been continuously declining recently, with the DePIN sector experiencing the largest drop, with Filecoin and Golem falling by 8.55% and 10.07% respectively. Bitcoin experienced a slight correction of 0.74%, while Ethereum's decline was smaller. The performance of various sectors varies, with some coins rising against the trend, and market divergence is evident.

ARK Invest founder predicts that the United States may usher in a strengthened Reaganomics era in the next three years, potentially bringing growth opportunities to the stock market. Policy easing, tax cuts, and monetary stability expectations could reshape asset allocation, providing important insights for investors focused on macro trends.

Solana officially announces that the STRK token has been successfully launched on the Solana network, utilizing Near's bridging solution to introduce Starknet tokens, demonstrating new progress in Solana's scalability and cross-chain integration. This collaboration is seen as a mutually beneficial situation that may attract more users to participate in the Starknet ecosystem.

U.S. stocks show signs of a rebound, with TSMC's outlook boosting the chip sector, and strong earnings reports supporting bank stocks, but healthcare stocks are affected by delays in FDA review. State Street Bank plans to launch cryptocurrency-related products, indicating a shift in traditional finance's attitude toward blockchain assets.

Kaito founder Yu Hu announces platform adjustments, gradually phasing out the YAPS feature and the incentive leaderboard, and launching a new product KAITO Studio, aimed at fostering proactive collaboration between the brand and creators, and improving transparency and efficiency in cooperation.

Mining company BitMine's Chairman Tom Lee revealed that Ethereum founder Vitalik Buterin and OpenAI CEO Sam Altman will attend the annual shareholders' meeting to discuss the proposal to expand the company's authorized shares to 500 billion. This move concerns the company's future capital operations and acquisition plans. BitMine also plans to showcase its development plan for 2026 and explore new growth channels.

【Crypto World】On January 15, FOGO coin market performance was active. The coin opened at a high of $0.097, then retreated to around $0.083. The fluctuations were quite noticeable in a short period, and market trading activity remained high.

On-chain data shows that the address received 101 million DAR tokens. After minting, the project enters a full circulation era. The token faces pressure from increased supply, which may impact the price. Market trends should be monitored closely.

The number of validators in the Ethereum PoS network's entry queue has increased, with the current waiting ETH reaching 2.55 million, mainly due to large-scale staking by BitMine. Although the number of exit requests is small, new validators must wait 44 days, indicating that market enthusiasm for ETH staking remains high.

Recently, the trading volume of perpetual contract DEXs has increased, with Hyperliquid's open interest approaching historical highs, and its daily trading volume leading the market, indicating a strong enthusiasm for leveraged trading. Second-tier platforms like Aster and Lighter are also performing well, gradually gaining market share. The overall market shows a trend of consolidation and intensified competition.

JPMorgan predicts that this year Bitcoin will attract over $130 billion in new funds, indicating that traditional financial institutions are quietly changing their attitude towards crypto assets. This trend could influence the future pace of the Bitcoin market.

In recent years, the cryptocurrency market has faced a severe crisis, with over 53% of tokens becoming worthless, especially in 2025, when 11.6 million tokens collapsed, accounting for 86.3% of all failed projects. This phenomenon mainly stems from issuing platforms lowering the creation threshold, leading to a surge of low-quality projects.

A major exchange's Layer2 application adjustment and development approach shifts towards a "trade-centric" model to meet users' needs for trading multiple assets. The new strategy not only enhances the trading experience but also retains social features. In the future, it will support more cross-chain asset trading to increase ecosystem participation.

【Blockchain Rhythm】On-chain monitoring shows that LIT has recently come under pressure and declined. A large whale's long position was partially liquidated, with a single liquidation loss of $509,000. Interestingly, this whale has not fully exited the market—its account still holds positions. According to data, the next liquidation level is now set at the price point of $1.49. In the short term, the direction of LIT may continue to influence these major holders' nerves.

The Sui blockchain experienced a network outage of nearly 6 hours due to consensus mechanism issues, temporarily locking assets worth over $1 billion. Although the network has been restored, the SUI token responded mildly. This incident exposed the stability shortcomings of Layer-1 public chains. Meanwhile, the Mantra project underwent adjustments, with the OM token dropping nearly 90%, reflecting the intense competition in Web3.

A trader named "20 Million Wave Hunter" reduced their short positions in HYPE and XPL within a short period, earning $550,000. He used high leverage for short-term trading, accumulating a total profit of $92.75 million, demonstrating a clear and steady trading strategy. This operation reflects his style of capturing rebound opportunities and quickly realizing gains through swing trading.