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

**January 24 Update** Garrett Jin, an insider with the "BTC OG Insider Whale" group, posted on social media Wednesday that BlackRock executive Rick Rieder’s odds of becoming the next Federal Reserve Chair have risen to 59.9%—far ahead of Kevin Warsh’s 22%. Sources indicate former President Trump has completed interviews with candidates and holds a clear preference. Rieder is recognized for his central bank-level stability and bold proposals to reform the Fed. The decision could be announced as early as next week. Should Rieder be selected, two key benefits are anticipated: 1. Smoother onboarding for Real-World Assets (RWA), reduced regulatory friction, and accelerated institutional capital inflows. 2. Improved stability in U.S. Treasuries and bond markets, which would boost government bond issuance efficiency and strengthen balance sheet repair—aligning with the current administration’s policy priorities. Rieder’s leadership of the Fed would be a major positive for RWA a

Data from Coinglass shows that as of January 24: - If Ethereum breaks above $3100, cumulative short liquidation volume across major centralized exchanges (CEX) will hit $728 million. - Conversely, if Ethereum drops below $2800, cumulative long liquidation volume on major CEX will reach $704 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts at risk of liquidation or their precise value. Instead, the bars on the chart reflect the relative significance of each liquidation cluster compared to neighboring clusters — i.e., the "intensity." This means the chart illustrates how strongly the underlying asset’s price will react when it hits a given level. A higher "liquidation bar" signals that the price will experience a more intense response from a liquidity cascade once it reaches that threshold.

January 24 — Coinbase has temporarily halted futures and perpetual contracts trading in its derivatives market, per official sources, with maintenance expected to last up to 3 hours.

On January 24, HTX market data shows ENSO has surged more than 79% in the past 24 hours, currently trading at $1.372.

On January 24th, per data from LookOnChain, trader Cooker.hl spent 6 SOL (valued at $867) to purchase 16.5 million PENGUIN tokens. He later sold all of his PENGUIN holdings, netting 6.12 SOL (≈$886) — a meager profit of 0.12 SOL ($18) — but missed out on a potential $1.4 million gain.

On Jan. 24, GMGN monitoring (via [link](https://gmgn.ai/sol/token/i_m4TE56o8_8Jx8AAHj86wbQgUTjGuj6GTTL5Ps3cqxKRTvpaJApump)) shows Solana-based meme coin **PENGUIN** briefly topped a $90M market cap—now sitting at ~$84M. An address starting with `7fFCzx` spent $54k buying 15.94M PENGUIN two days ago; those tokens are now worth ~$1.3M, netting an unrealized gain of over $1.25M. The address is now the top on-chain holder, still holding all tokens (no sells yet). Data adds: This address has traded 1,000+ different tokens, with a win rate of just 14.55%.