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

On January 18, EmberCN monitoring shows a long-dormant Bitcoin whale that accumulated 5,000 BTC 12 years ago offloaded another 500 BTC 9 hours earlier—valued at $47.77 million. The whale purchased the 5,000 BTC at an average of $332 in November 2013 and began selling after November 2024. To date, it has transferred 2,500 BTC (worth $261 million) to Binance at an average price of ~$104,632, netting a $260 million profit. The whale still holds 2,500 BTC, currently valued at $237 million.

Jan. 17 — Per Coinglass data, total crypto liquidations across the network over the past 24 hours hit $78.792 million, with $30.397 million in long liquidations and $48.394 million in short liquidations. Over the same 24-hour window, 68,643 traders were liquidated globally. The largest single liquidation totaled $1.3055 million, occurring on the Hyperliquid xyz:AMZN-USD pair.

Jan. 17 — Trader James Wynn, who once teetered on the brink of bankruptcy, took to social media to say: “Ethereum looks pretty strong. The cycle we’ve been waiting for might be unfolding now.” Many are still on the sidelines; others have already stepped away—returned to their day jobs, or moved back in with their moms. But this time, it might actually be here. As I noted earlier, Q1 will be a bull market. Watch for ETH, PEPE, DRB, and BYTE.

On January 17, U.S. fast-food chain Steak 'n Shake announced it allocated $10 million to Bitcoin this week, formally adding BTC to its balance sheet. The move builds on its crypto-friendly push over the past eight months, during which all U.S. locations began accepting Bitcoin payments. The company framed the decision as part of a "self-reinforcing loop": Consumer adoption of Bitcoin payments boosts sales, and related revenue is reinvested into its Bitcoin reserves (SBR) to fund operational investments—like ingredient upgrades and store renovations—without raising menu prices. Since May 2025, Steak 'n Shake has accepted Bitcoin at all U.S. stores via the Lightning Network, targeting lower credit card transaction fees and younger, crypto-native customers. It reported Q2 2025 same-store sales rose more than 10% year-over-year, with Bitcoin payments cutting processing costs by roughly 50%. The latest purchase equals ~105 BTC (at current prices), marking Steak 'n Shake’s most dire

Per Coinglass data as of January 17th, Ethereum (ETH) recorded a total net outflow of 1105.77 ETH from centralized exchanges (CEXs) over the past 24 hours. The top three CEX outflows were: - Bybit: 619.64 ETH - Binance: 456.22 ETH - Coinbase Pro: 438.73 ETH Additionally, Bithumb led inflows among CEXs with 351.85 ETH deposited.

Binance Wallet announced on January 17 that its Fourth Pre-TGE Prime Sale will feature Sentient (SENT). **Key Details:** - Time: January 19, 2026, 12:00–14:00 UTC - Eligibility: Exclusive to Binance Alpha Points holders Full Pre-TGE rules and the event entry page will be released shortly. Stay tuned for updates.