Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

On January 3rd, on-chain data analyst Wu Jinyan detected that a whale holding ETH for 4 years has swapped ETH for BTC today. The whale has sold 14,145 ETH (valued at ~$44.3 million) in exchange for 492 WBTC, with an exchange rate of 0.03478 and an average cost of $90,014 per WBTC. Four years ago (early 2022), the address withdrew and hoarded 22,344 ETH (valued at ~$65.15 million) from exchanges including Kraken, Bitfinex, and Poloniex, at an average withdrawal price of $2,916 per ETH.

On January 3rd, Aave founder Stani Kulechov took to the project’s official governance forum to announce that Aave Labs is committing to sharing protocol-generated revenue with token holders amid recent community discussions. “Alignment of interests is critical for both Aave Labs and AAVE token holders,” Kulechov noted, adding that an official proposal outlining the specific mechanics will be released soon. The upcoming proposal will lay out a framework to support this long-term vision while fully safeguarding the DAO and AAVE token holders. Per HTX market data, AAVE has surged 10.69% over the past 24 hours—likely driven by this news and the broader market rotation rally—currently trading at $165.

**January 3rd Market Brief** U.S. major stock indexes closed mixed on the first trading day of the new year: - Dow Jones Industrial Average: +0.66% - S&P 500 Index: +0.19% - Nasdaq Composite: -0.03% Cryptocurrency-related stocks posted broad gains, with key moves including: - Coinbase (COIN): +4.59% - Circle (CRCL): +5.26% - MicroStrategy (MSTR): +3.43% - Bullish (BLSH): +3.67% - Gemini (GEMI): +4.44% - Bitfarms (BMNR): +14.88% - Score Milk Gaming (SBET): +8.39% - Bit Digital (BTBT): +7.94% - ETHZilla (ETHZ): +4.29% - BTCS Inc (BTCS): +8.71% - ALT5 Sigma (ALTS): +10% - American Bitcoin (ABTC): +4.71% - Kindly MD (NAKA): +16.26%

Jan. 3 – Per Alternative Data, the cryptocurrency Fear & Greed Index is 29 today, up from 28 yesterday, signaling a further easing of market fear sentiment. Note: The index ranges from 0 to 100, with components including: - Volatility (25%) - Market Trading Volume (25%) - Social Media Hype (15%) - Market Sentiment (15%) - Bitcoin Dominance (10%) - Google Trends (10%)

On January 3rd, per HTX market data, as Bitcoin climbed above the $90,000 resistance level, old-school altcoins and meme coins continued their rotation, with these notable 24-hour moves: ? WIF: +17.4% 24h, now trading at $0.329 ? RENDER: +13.82% 24h, now trading at $1.524 ? IOTA: +13% 24h, now trading at $0.0934 ? ENA: +12.84% 24h, now trading at $0.2353 ? ADA: +11.68% 24h, now trading at $0.39 ? ONDO: +11.57% 24h, now trading at $0.4187 ? JTO: +11.36% 24h, now trading at $0.451 ? VIRTUAL: +11% 24h, now trading at $0.752 ? EIGEN: +10.86% 24h, now trading at $0.398 ? PUMP: +10% 24h, now trading at $0.002236 ? SUI: +10% 24h, now trading at $1.576

On January 3, Bitcoin mining firm Bitfarms Ltd. has agreed to sell its remaining Latin American operations as it refocuses on North America and energy/data center infrastructure tied to artificial intelligence (AI) and high-performance computing (HPC)—marking its full exit from the region’s market, per The Block. In a Friday press release, Bitfarms announced a definitive agreement to sell its 70-megawatt (MW) Paso Pe mining facility in Paraguay to Sympatheia Power Fund (a crypto infrastructure fund managed by Singapore’s Hawksburn Capital) for up to $30 million. Under the deal terms, Bitfarms will receive $9 million in cash at closing (including a $1 million non-refundable deposit already paid) and up to an additional $21 million via post-closing milestones over the next 10 months. Management noted the sale effectively frontloads the mine’s expected free cash flow for the next two to three years. Bitfarms CEO Ben Gagnon said proceeds from the sale will be reallocated starting in