TokenomicsTrapper

【Blockchain Rhythm】Something interesting has happened. The trader who claimed to "never short" (address 0xe5416) was hit with two stop-loss orders today, and the ETH long dream was shattered — losing $38,000 in one go. Now, this wallet has nothing left, and the owner is probably reflecting on life or waiting for the next opportunity. It seems the market just loves to slap faces, and the toughest mouths are always the easiest to get hurt.

Recently, the precious metals market has performed strongly, with silver and gold reaching all-time highs respectively. The exchange Gate TradFi has also launched contract trading services for traditional financial assets. Users can trade conveniently within a single app, and the integration of crypto assets and traditional assets offers investors more options.

The well-known on-chain trading platform S10 BSC Trading Contest has started, with a prize pool of 100 BNB. Participants must use a new wallet, with a maximum deposit of 2 BNB per wallet. The competition runs from January 19 to February 2. The rules restrict trading operations and token creation to ensure fairness and test trading skills.

Trader beachboy4 reversed a $6.8 million loss to a $395,000 profit within 48 hours through 5 precise trades. His betting amount increased from hundreds of thousands of dollars to $3 million. Although the returns doubled, the risk also grew, testing his judgment and mental resilience.

Bitcoin prices at the key levels of $91,000 and $94,000 will trigger market liquidations of varying intensities. If it drops to $91,000, long liquidation pressure could reach $383 million; if it breaks through $94,000, short risk will significantly increase, and liquidation strength may rise to $517 million. The liquidation chart shows the relative liquidation response intensity at different price levels.

【Crypto World】Bitcoin market shows an adjustment, with BTC currently quoted at $92,980.01, down 2.22% in the past 24 hours. Market trading activity remains active with an average daily trading volume of $17.697 billion. In the short term, Bitcoin faces some correction pressure, and investors should pay attention to the support level in this price range.

XRP price approaches $2, on-chain data shows a drastic reshuffle in wallet structure, with 25,000 high-tier wallets added in the past 48 hours. The current total number of wallets exceeds 7.5 million, and a large amount of XRP is flowing into private custody accounts, reducing the tradable XRP in the market, which may indicate future upward price momentum.

The liquidation pressure points for Bitcoin have attracted attention. If its price reaches $97,000, the short liquidation strength is 645 million; if it drops below $93,000, the long liquidation strength surges to 752 million. Liquidation strength reflects the market's volatility risk and opportunities at specific price points.

ALT5 Sigma Corporation recently received a notification from NASDAQ confirming that it has re-complied with listing rules and resolved the issue of overdue financial statements. This marks the company's successful overcoming of the compliance crisis and the restoration of market reputation and trading eligibility.

Ethereum founder Vitalik emphasizes the importance of protocol simplicity, noting that excessive complexity can impact security and autonomy. He is concerned that adding new features during development may lead to protocol bloat and suggests introducing simplification and garbage collection mechanisms to slow down development pace and prevent useless features from dragging down the protocol.

ETH's recent trend shows increased volatility, with prices rising but trading volume shrinking, forming a divergence between price and volume. Technical indicators suggest bullish momentum is strengthening, but the overall trend still faces downward pressure. Key levels include buying opportunities and selling pressure points, with attention needed on changes in trading volume.

HeyElsa is a project focused on crypto AI Agents, launching the ELSA token with a supply of 1 billion. The distribution plan includes 7% for the team, 34.49% for the foundation, 40% for the community, 10.51% for investors, and 8% for liquidity. Community tokens will be unlocked 20% at TGE, with the remaining linearly released over 48 months. The project raised $3 million in funding in 2025, aiming to convert natural language commands into on-chain operations and explore the integration of AI and Web3.

dYdX Foundation releases the 2025 Annual Report, with total trading volume surpassing $1.55 trillion, and Q4 becoming the highest trading quarter of the year. The DYDX buyback program has been expanded to 75%, and the number of token holders has increased to approximately 98,000, demonstrating a continued rise in community engagement and market enthusiasm.

Liquidity issues in the crypto market are the main reason institutional investors hesitate. Despite interest in crypto assets, insufficient market depth makes large transactions difficult, causing new funds to stay on the sidelines. Addressing this structural bottleneck is key to attracting large-scale capital.

Trader James Wynn stated on social media that Ethereum is performing strongly, hinting that a market cycle may be brewing. He believes that the first quarter of 2025 will show a bullish trend, focusing on assets such as Ethereum, PEPE, DRB, and BYTE. His unique insights into the market may reveal the upcoming market movement.

【BitPush】Ethereum market slightly weakens. According to real-time data from Gate.com, the current price of the ETH/USDT trading pair is $3299.8, down only 0.22% in the past 24 hours. Although the decline is limited, it also reflects cautious market sentiment at present.

Pudgy Penguins has issued two types of soul-bound tokens to OpenSea users, rewarding loyal holders and buyers. The goal is to strengthen community identity, encouraging long-term holding while expanding the participation base.

While incentive subsidies can attract users, once the subsidies are stopped, users tend to leave quickly because most of the locked funds are for incentives and lack genuine demand. DeFi protocols need to address issues like impermanent loss after normalizing incentives to achieve sustainable revenue and capital efficiency, ensuring long-term survival.

Recently, a major crypto whale lost over $282 million worth of Bitcoin and Litecoin due to social engineering scams. Hackers used THORChain to launder the funds and exchange them for Monero, which then surged 60% in price. Investigations show that some of the stolen funds are still traceable, and there is potential for further breakthroughs in the case. Remind everyone to stay vigilant against social engineering scams.

In on-chain data monitoring, it was found that the RALPH project initially invested 28.8 million RALPH tokens with 12.3 SOL in the early stages, which has now appreciated to $1.07 million, with a return of 642 times. This highlights the importance of internal address layout and explains why traders focus on whale and large holder movements.