A certain Whale Trader Smart Money address withdrew 1139 ETH from Binance 10 hours ago.

On January 10, an anti-DeFi advocacy group ran ads on U.S. Fox News urging the public to pressure their state senators to push for cryptocurrency market structure legislation that excludes DeFi-related provisions. Crypto journalist Eleanor Terrett shared screenshots on X (formerly Twitter) Friday showing the group “Investors For Transparency” running the ad with the message: “Tell your senator: Pass crypto legislation without DeFi clauses” — plus a hotline for viewers to contact their senator’s office directly. The ad also claimed, “Don’t let DeFi hinder innovation.” The statements align with core concerns of banking industry lobbying groups: The proposed “CLARITY Act” could let stablecoin issuers offer interest-bearing products similar to bank deposits, potentially disrupting the traditional banking system. The U.S. Treasury estimated in April that widespread stablecoin adoption could drain up to $6.6 trillion in deposits from traditional banks. At the time the ad aired, the

On January 10, Pump.fun announced it will restructure its creator fee mechanism. Co-creator Alon Cohen noted in a post on X that the existing Dynamic Fees V1—while boosting platform activity significantly short-term—may have “distorted incentive structures” long-term, failing to foster sustainable market behavior. Cohen pointed out the mechanism rewards low-risk, large-scale token issuance but suppresses high-risk trading activity critical to the platform. “Traders are the core of the platform’s liquidity and trading volume—this structure is dangerous,” he added. Looking back, Cohen noted the mechanism’s initial impact was significant: a flood of new creators boosted engagement via live streams and other tactics. Pump.fun’s bonding curve trading volume doubled in weeks, forming one of the most vibrant on-chain ecosystems since early 2025. But the hype faded quickly, exposing structural flaws. For its initial adjustment, Pump.fun will roll out a creator fee splitting tool: crea

On January 10th, Coinglass data shows: - Should Bitcoin drop below $89,000, cumulative long liquidation intensity across major centralized exchanges (CEXs) will reach $894 million. - Conversely, if Bitcoin surges past $92,000, cumulative short liquidation intensity for those CEXs will hit $560 million. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts at risk of liquidation. The bars on these charts reflect the relative importance of each liquidation cluster compared to adjacent clusters—this is what’s meant by "intensity." In short, the chart shows how impactful reaching a specific price level will be: a taller bar signals a more intense reaction (driven by a liquidity cascade) once the price hits that threshold.

On January 10, per on-chain analyst Ai Auntie’s (@ai_9684xtpa) tracking, the Whale Smart Money wallet address 0x69b...0e37 withdrew another 1,458 ETH from Binance 2 hours prior. This brings the whale’s total accumulated ETH to 2,597—valued at $7.993 million—with an average withdrawal price of $3,078 per ETH.