Note: The X account is not owned by the original Enron entity. Users should be aware of the risk.

Crypto analyst CW notes that data on whale positions on Bitfinex shows the platform’s Bitcoin long positions total roughly 72,000 BTC, while short positions are just 286 BTC. A similar scenario unfolded in April last year, when Bitcoin hit its annual low of $74,000. CW says the current position distribution signals Bitfinex whales are bullish on the market’s future.

On-chain analyst Ai Auntie (@ai_9684xtpa) noted on Jan 11 that the whale address 0x69b...0e378 has expanded its swing trading ETH position to 3,100 ETH in this cycle. Five hours ago, the address completed its third withdrawal of 503.01 ETH from Binance. Over the past two days, it has accumulated a total of $9,543,000 worth of ETH, with an average withdrawal price of $3,078.5. The $9,570,000 in USDT the address deposited to Binance two days ago should now be fully deployed to build this ETH position.

Jan. 11 — Nikita Bier, X Product Lead and Solana Advisor, posted on the platform noting a common belief circulating on Crypto Twitter (CT) since last October: users must reply hundreds of times daily to grow their accounts. Bier explained each post consumes daily "influence," and since the average user scrolls just 20–30 posts per day, the platform can’t show all a user’s posts to every follower. This leads CT users to waste their influence on hundreds of "gm" replies, leaving few followers to see substantial content like project announcements. He attributed CT’s decline to user behavior, not algorithmic issues, saying: "Crypto Twitter is dying from suicide." The post sparked community dissatisfaction. LedgArt co-founder KALEO argued Bier failed to take a user-centric approach to support growth and long-term engagement, and attempted to stifle X’s crypto community. KALEO called for Bier’s immediate resignation; Bier has since deleted the related posts.

On January 11th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that a wallet linked to Vitalik Buterin deposited 330 ETH to Paxos 11 hours prior—valued at roughly $1.02 million at the time of the transaction. The same address previously received a 50.1 ETH transfer tied to the vitalik.eth alias two years ago. This marks the second token deposit to Paxos from the address since January 2025.

**Crypto Meme Coin Update: BSC Chinese Coins, Solana Meme Stars Dominate Spotlight** After mainstream meme coins surged last week, Chinese meme coins on BSC and Solana ecosystem tokens grabbed this week’s market spotlight—with multiple projects hitting new all-time highs. Per GMGN market data: - **The White Whale (Solana)** jumped 513.7% in two weeks, pushing its market cap to $200 million. - **114514** rallied sharply over two days, peaking at a $30 million valuation before retracing quickly. On BSC, Chinese meme coins took center stage: - **Binance Life** listed on Binance Spot this week, acting as a key catalyst. As of press time, it holds a $182 million market cap with a 45.1% weekly gain. - **Life Candlestick** topped $27 million (now $27.46M), up nearly 10x in two days. - **Here I F**king Come** launched Jan 12; current market cap $41.91M, up over 50x in four days. - **Your Dad** launched <48 hours ago, already topping $10 million in market cap. **BlockBea

On January 11, Elon Musk announced on X that the platform’s new algorithm will be open-sourced within the next seven days—including all code that powers recommendations for both organic search results and ad content to users. This process will repeat every four weeks, with detailed developer documentation. In response, ZachXBT—known as the “On-chain Detective”—said X should reduce its algorithm’s sensitivity. According to him, if users like or view posts unrelated to their interests on the For You page, they’ll be flooded with similar content, while posts from followed accounts or topics they engage with won’t show up on the page. Separately, CryptoQuant CEO Ki Young Ju noted that X bots posted 7,754,367 crypto-related tweets yesterday—a 1,224% surge. This spike led the X algorithm to block crypto-related content.