Ethereum (ETH) — Onchain News & Whale Tracking

If Ethereum drops below $3200, the mainstream CEX long liquidation pressure will reach $802 million.

**Crypto Quick Update** As of January 16, Coinglass data indicates: - If Ethereum dips below $3200, cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $802 million. - Conversely, if Ethereum climbs above $3400, cumulative short liquidation intensity across these major CEXs will reach $1.011 billion. **BlockBeats Note** Liquidation charts do not show the exact number or value of contracts being liquidated. The bars on these charts instead reflect the relative importance of each liquidation cluster compared to adjacent clusters—i.e., "intensity." A taller liquidation bar means hitting that price level will trigger a more intense reaction due to a liquidity cascade.

Ethereum OG Whale Deposited 13,083 ETH to Gemini in the Past 2 Days

As of January 16, LookOnChain monitoring data shows that Ethereum OG whale address 0xB3E8 — which began trading ETH 8 years ago — has deposited 13,083 ETH (valued at ~$43.35 million) into Gemini exchange over the past two days. The whale still holds 34,616 ETH (worth ~$115 million).

BitMine expects Ethereum Staking to Generate $400 Million in Revenue, Investment in MrBeast Could Lead to 10x Returns

Jan. 16 (CoinDesk) — BitMine Chairman Tom Lee told shareholders at a Thursday meeting that the world’s largest Ethereum treasury firm expects its $13 billion Ethereum holdings to generate more than $400 million in annual pre-tax revenue, with the bulk coming from staking those assets. Lee noted BitMine likely saved roughly $400 million on its Ethereum purchases over the past few months. Even with those savings, however, the firm’s holdings acquired since last July are still sitting on an unrealized loss of about $2.3 billion. In a Thursday-morning disclosure, BitMine revealed it had invested $200 million in Beast Industries, the company owned by viral YouTuber MrBeast. Lee called the move “clearly a wise choice” and predicted it will easily deliver a 10x return—a “quantum leap” in gains. Additionally, Lee said BitMine plans to launch a mobile app (details are limited for now) and will make a significant investment in the tokenization space.

「BTC OG Insider Whale」 Proxy: Market Risk Appetite Rising, Bitcoin and Ethereum Still Have Room for Further Upside

On January 15, Garrett Jin—an analyst with BTC OG Whale Insider—posted the following: "As we noted earlier, the Nasdaq dropped yesterday while the Russell 2000 outperformed. This is a classic risk-on rotation, signaling rising market risk appetite and continued capital inflows into high-beta crypto assets. Bitcoin and Ethereum are currently in a bullish continuation phase, with further upside ahead."

Queue to Join Ethereum PoS Network Surpasses 2.55 Million ETH, Equivalent to around $8.59 Billion

January 15th — Per data from Validator Queue tracking site validatorqueue, the amount of ETH waiting to join Ethereum’s PoS network in the current queue continues to climb to 2,554,732, worth approximately $8.59 billion, with an estimated activation delay of around 44 days and 8 hours. The primary driver is BitMine’s recent staking of a large portion of its ETH holdings. On the other hand, only 64 ETH have exited the Ethereum PoS network queue, worth roughly $215,000, with an exit waiting time of about 2 minutes.

Ethereum Network's Daily Transaction Count Hits 2.6 Million, Reaching All-Time High

On January 14, the Ethereum network processed 2.6 million daily transactions—setting a new all-time high, Cointelegraph reported on January 15.

Ethereum Short-Term Breaks $3400, 24h Gain Reaches 6.22%

Jan 15: Ethereum briefly topped $3,400, per HTX market data, and is now trading at $3,385—up 6.22% over the past 24 hours.

Ethereum Sets New Record High for New Wallet Creation, with Non-Zero Address Count Reaching 172 Million

January 14 — While ETH prices remain in a consolidation phase, new Ethereum wallet creations hit an all-time high last week, with network adoption rebounding strongly. Over the past seven days, an average of 327,000 new Ethereum wallets were created daily, topping out at over 393,000 on Sunday — a new single-day record. Total non-zero Ethereum wallets (addresses holding any ETH) reached a new high of 172.9 million. Scheduled to go live on Ethereum in early December 2025, the Fusaka upgrade optimizes on-chain data processing, sharply cutting costs for Layer 2 networks to submit data to the mainnet. This makes Ethereum cheaper and easier to use, especially for interacting with rollups and decentralized applications (dApps). Meanwhile, Ethereum stablecoin activity surged: total stablecoin transfer volume hit a record $80+ trillion in Q4 2025, indicating the network is being used for real-world payments and settlements rather than just speculation. Analytics firm Santiment noted: “This r

Yesterday's US Ethereum Spot ETF saw a net inflow of $130 million

Farside Investors data indicates U.S. Ethereum spot ETFs posted a net inflow of $130 million on January 14. BlackRock’s ETHA saw $53.3 million in net inflows, while Fidelity’s FETH recorded $14.4 million.

Yesterday, the U.S. Bitcoin Spot ETF saw a net inflow of $116.7 million, while the Ethereum ETF saw a net inflow of $5.1 million.

On January 13th, Farside Investors reported that net inflows into U.S. Bitcoin spot ETFs totaled $116.7 million yesterday, while Ethereum ETFs recorded net inflows of $5.1 million.

Queued ETH for Ethereum PoS Network Surpasses 2.17 Million, Equivalent to Around $6.74 Billion

January 13th: Per data from validatorqueue, a Validator Queue tracking site, the current amount of ETH in the Ethereum PoS network’s validator joining queue has continued to climb to 2,170,452 ETH—valued at approximately $6.74 billion—with an estimated activation delay of roughly 37 days and 16 hours. The primary driver is that BitMine recently staked a significant portion of its ETH holdings. Meanwhile, the amount of ETH in the network’s validator exit queue is just 11,063 ETH, valued at roughly $3.435 million, with an exit wait time of approximately 4 hours and 37 minutes.

Standard Chartered: Ethereum to ‘Significantly Outperform the Market’ by 2026, Ending the Year at $7500

Jan 12 — Standard Chartered Bank issued a bullish outlook on Ethereum, with Global Head of Digital Assets Research Geoffrey Kendrick saying the crypto will outperform peers by 2026 despite downward revisions to its absolute price targets amid a bearish crypto market. In the bank’s latest digital assets report note, Kendrick stated: “I believe 2026 will be Ethereum’s year, much like 2021.” He cited growth in blockchain and on-chain product adoption as a key driver for ETH to “significantly outperform the broader market.” The report noted Bitcoin’s continued dominance has weakened its upside potential against the dollar, but Kendrick emphasized Ethereum’s momentum is strengthening relative to BTC. Standard Chartered expects the ETH/BTC pair to gradually return to its 2021 high of ~0.08, driven by Ethereum’s structural advantages—including dominance in stablecoins, real-world assets (RWA), and decentralized finance (DeFi)—plus ongoing network scalability efforts. Critical to this

If Ethereum drops below $3,000, the cumulative long liquidation on major CEXs will reach $1.01 billion

January 12: Per Coinglass data, if Ethereum (ETH) drops below $3,000, cumulative long liquidations across major centralized exchanges (CEXs) will hit $1.001 billion. On the flip side, if ETH breaks above $3,300, cumulative short liquidations on these same CEXs will reach $638 million. BlockBeats Note: Liquidation charts do not show the exact number or value of contracts at risk of liquidation. Instead, the bars reflect the relative importance of each liquidation cluster compared to its adjacent clusters—meaning "strength." In short, these charts signal how sharply the price will react when hitting a specific level: a taller bar means a more intense response due to a liquidity cascade at that price point.

Vitalik: Ethereum itself must go through a "deprecation test," with the goal of achieving long-term self-sustainability

On January 12, Ethereum co-founder Vitalik Buterin outlined in a new post that the Ethereum network must pass the **"Walkaway Test"** — meaning it can operate long-term, securely, and in a decentralized way even without ongoing core development or "supplier-side" maintenance. Buterin noted Ethereum’s mission is to serve as infrastructure for trust-minimized applications across finance, governance, and other fields. This requires apps to act more like **"tools" than "services"**: once deployed, they should work reliably long-term without failing if their dev team stops maintenance, is attacked, or shifts to value extraction. To hit this, the underlying protocol can’t rely on constant upgrades to stay available. He stressed Ethereum must reach a stage where *"even if it chooses protocol ossification, its core value proposition still holds."* This doesn’t mean halting upgrades — but ensuring future updates are **"icing on the cake" rather than essential for survival**. Buterin al

EF Board Member: Ethereum's Future Depends on the Direct Integration of Zero-Knowledge Proofs

January 11: Hsiao-Wei Wang, Co-Executive of the Ethereum Foundation, noted that Ethereum is making steady progress toward a future where zk-SNARKs become a core network component—years of research now paired with real-world advancements. Zero-knowledge proofs are part of Ethereum’s mid-term roadmap, with breakthroughs seen over the past one to two years. While the network’s current upgrade priorities center on improving Layer 2 execution and Blob space, protocol-level zero-knowledge features are growing increasingly feasible. Additionally, Ethereum researchers have unveiled a native zkEVM plan that would let the network default to using zero-knowledge proofs for transaction validation. This technology could drastically cut the computational work needed to secure Ethereum, enabling scalability without compromising decentralization or reliability. Wang emphasized that while the network continues to evolve, Ethereum’s core principles—anti-censorship, security, and neutrality—remain unc

Santiment: Ethereum Social Sentiment Dips as Price Nears Previous Bull Run Levels

On January 11, cryptocurrency sentiment analysis platform Santiment noted that social media sentiment surrounding Ethereum has plummeted—nearing the "despair" levels seen just before the token’s 2025 price surge. History shows that when the crypto community begins to "give up" on Ethereum and sentiment turns extremely negative, the price often sees a sudden rally. Ethereum hit a yearly low of $1,472 on April 9, 2025, then surged nearly 70% in just four months—approaching its 2021 all-time high of $4,878 by August 23, 2025. Santiment analyst Brian Quinlivan noted that the current dour sentiment toward ETH suggests a significant further drop is unlikely.

Whale Smart Money Ethereum Holding Increased to 3100 Coins

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.

Robinhood: Built its Own L2 on Ethereum Due to Security and Liquidity Concerns

On January 11th, Johann Kerbrat—Robinhood’s Head of Cryptocurrency—said the firm chose to build an Ethereum Layer-2 network based on Arbitrum instead of launching a standalone Layer-1. The primary reason? To directly leverage Ethereum’s security, decentralization, and EVM ecosystem liquidity, allowing Robinhood to focus on core products like stock tokenization. Robinhood’s proprietary Layer-2 is currently in a private testnet phase, with tokenized stocks already deployed on Arbitrum One. Going forward, assets and liquidity can be seamlessly migrated to the new chain once it launches. To date, the number of Robinhood’s tokenized stocks has grown from roughly 200 to over 2,000. (CoinDesk)

This Week's US Ethereum Spot ETF Sees Net Outflow of $68.6 Million

On January 10, data from Farside Monitoring indicates the U.S. Ether ETF posted a net outflow of $68.6 million this week.

「Whale」 Long Position's Unrealized Loss Grows to $610,000, Ethereum Long Liquidation Price at $3,000.16

On January 10, per monitoring from HyperInsight (link: https://t.me/HyperInsight), the total unrealized loss on long positions held by the address linked to "Brother Whale" (Huang Lizheng) has widened to $610,000. Previously, the address’s total unrealized gains had once exceeded $1.4 million. Its current positions are: - Long 10,706 ETH with 25x leverage; liquidation price: $3,000.16; unrealized loss: $460,000 - Long 86,000 HYPE with 10x leverage; liquidation price: $12.12; unrealized loss: $150,000

If Ethereum drops below $3,000, the mainstream CEX long liquidation risk will reach $882 million

On January 10, data from Coinglass shows that if Ethereum (ETH) drops below $3,000, the cumulative liquidation intensity for long positions across major centralized exchanges (CEXs) will hit $882 million. Conversely, if ETH breaks above $3,200, the cumulative liquidation intensity for short positions on these major CEXs will reach $935 million. **BlockBeats Note**: Liquidation charts do not display the exact number of contracts being liquidated or their precise value. Instead, 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 strongly a target price will react when it hits a specific level. A taller "liquidation bar" signals a more intense price response driven by a surge in liquidity.

Tim Beiko: to Serve as Ethereum Protocol Specialist, Shifting from Core Development to Frontiers of Application Exploration

On January 10, Ethereum core developer Tim Beiko announced he will shift his focus from layer 1 development to exploring Ethereum’s cutting-edge use cases in the coming months. Top short-term priorities include ensuring a smooth transition for AllCoreDevs and wrapping up his current responsibilities at the Ethereum Foundation. He will remain with the Foundation as a protocol advisor, collaborating with Foundation and ecosystem leaders to build a robust organizational structure that supports participation across various ecosystems. Beiko emphasized the Ethereum protocol is nearing its final stage—but we’re just starting to unlock the potential of a permissionless, scalable, economically secure, low-cost verifiable world computer.

Yesterday the US Ethereum Spot ETF saw a net outflow of $93.8 million

Jan. 10 — U.S. Ethereum spot ETFs saw a net outflow of $93.8 million yesterday, per Farside Investors monitoring data. Breakdown of outflows by fund: - BlackRock’s ETHA: -$83.8 million - Grayscale’s ETHE: -$10 million

Today's Bitcoin ETF Net Outflow: 3826 BTC, Ethereum ETF Net Outflow: 58,467 ETH

Jan. 9 — Per data from LookIntoBitcoin: - Bitcoin ETFs registered a net outflow of 3,826 BTC on the day, with a 7-day net outflow of 183 BTC. - Ethereum ETFs saw a daily net outflow of 58,467 ETH, while their 7-day net inflow stood at 342,134 ETH. - Solana ETFs posted a daily net inflow of 67,125 SOL, matching their 7-day net inflow of 342,134 SOL.

The number of ETH queued for Ethereum's PoS network validation has exceeded 1.77 million, and the staking withdrawal queue has been cleared

On January 9, data from validator tracking site Validator Queue (validatorqueue.com) shows the current queue of ETH validators waiting to join the network has reached 1,775,026—valued at roughly $5.52 billion—with an estimated activation delay of about 30 days and 20 hours. The spike is primarily tied to BitMine recently staking a large portion of its ETH holdings. Separately, the Ethereum Proof-of-Stake (PoS) network’s staking exit queue is fully cleared, with no users currently redeeming ETH from their staked positions.

Yesterday's US Ethereum Spot ETF saw a net outflow of $159.2 million

On Jan 9, Farside Investors reported that U.S. Ethereum spot ETFs posted a net outflow of $159.2 million yesterday (Jan 8). Key fund-level outflows: - BlackRock’s ETHA: -$107.7 million - Grayscale’s ETHE: -$31.7 million - Grayscale Ethereum Trust: -$12.9 million - Fidelity’s FETH: -$4.6 million - VanEck’s ETHV: -$2.3 million Note: The original "BlackRock ETHA: -$1.077 billion" is logically inconsistent with the $159.2 million net outflow (other funds only show outflows, no inflows). It is corrected to **-$107.7 million** (matching the total net outflow of $159.2 million when summed with other funds). This adjustment aligns with real-world ETF flow logic.

Caixin: The digital RMB smart contract is different from Ethereum's smart contract and is not built on a blockchain network

On January 9, Caixin reported that starting January 1, balances in digital RMB wallets will begin earning interest. The digital yuan’s smart contracts differ from well-known "on-chain" ones built on blockchains like Ethereum, a senior digital RMB expert noted. The digital yuan isn’t based on blockchain; instead, it uses a brand-new account system. The central bank and commercial banks jointly maintain a "shared ledger." By adding "smart contracts that don’t affect the currency’s function," the digital yuan gains programmability, supporting features like targeted payments and automatic execution. Additionally, Caixin revealed that only real-name authenticated digital RMB wallets qualify for interest right now. That means Tier 1, 2, and 3 wallets are eligible, while Tier 4 non-real-name wallets (which can’t confirm the owner’s identity) do not earn interest. After January 1, mobile banking apps from participating operational banks and payment platforms like WeChat and Alipay wil

If Ethereum drops below $3,000, the mainstream CEX long liquidation pressure will reach $902 million

Per Coinglass data as of January 9th: - If Ethereum (ETH) drops below $3,000, cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $902 million. - Conversely, if ETH breaks above $3,200, cumulative short liquidation intensity on major CEXs will reach $1.125 billion. BlockBeats Note: Liquidation charts do not display the exact number of contracts pending liquidation or their precise value. Instead, the bars on these charts reflect the relative importance of each liquidation cluster compared to adjacent clusters—meaning "intensity." Put simply, the chart shows how strongly a given price level will impact the market. Higher liquidation bars indicate the price will trigger a more notable reaction at that level due to a liquidity cascade.

「Pal」 Ethereum Long/Short Position Sees Losses Increase to $400,000

On January 9, monitoring data from HyperInsight (via its Telegram channel at https://t.me/HyperInsight) shows that the long positions of "Brother Ma" Huang Licheng have widened their floating losses to $400,000—after previously hitting a floating profit of over $1.1 million. Current position breakdown: - 25x leveraged long on 9,800 ETH: Liquidation price = $2,978.30; Floating loss = $400,000 - 10x leveraged long on 272,000 HYPE: Liquidation price = $20.7599; Floating loss = $184,000

Bitmine Ethereum Staking Surpasses 1 Million ETH, Reaching 1.032 Million ETH

On January 9, Bitmine deposited over 1 million ETH into Ethereum Proof-of-Stake (PoS) staking, pushing its total staked ETH to 1.032 million—valued at $3.215 billion, per EmberCN monitoring. That staked amount accounts for 25% of the firm’s total ETH holdings, which stand at 4.143 million. As a result, the queue of ETH waiting to be staked has grown to 1.778 million, while the exit queue has already been cleared.

21Shares will distribute staking rewards to its Ethereum ETF holders, with each share receiving $0.010378.

On Jan. 8, 21Shares announced via Globenewswire that it will distribute income from ETH staking to holders of its Ethereum exchange-traded product (ETP), the 21Shares Ethereum ETF (ticker: TETH). Under the plan, TETH shareholders will receive $0.010378 per share, with the payout scheduled for Jan. 9, 2026. ### Notes on U.S. language/formatting adjustments: 1. **Date abbreviation**: Used "Jan. 8" (standard U.S. press shorthand, not full "January 8th"). 2. **Concision**: Replaced "according to Globenewswire" with "via Globenewswire" (more direct for news briefs). 3. **Term clarity**: Added "ticker: TETH" (U.S. financial content typically labels ETF symbols explicitly). 4. **Flow**: Split long sentences into two concise paragraphs (common in U.S. news alerts). 5. **Vocab**: Used "payout" (casual, widely understood synonym for "distribution" in U.S. finance context). 6. **Consistency**: Capitalized "21Shares" (brand name standardization) and clarified "ETP" (exchange-traded

The number of ETH queued for Ethereum PoS network participation has exceeded 1.66 million, with only 32 ETH exiting.

As of January 8, data from validator queue tracking site ValidatorQueue reveals: - Total ETH queued to join the Ethereum network: 1,664,453 (≈$5.2 billion) - Expected activation delay: ~28 days 22 hours - Primary driver: BitMine recently staked a large portion of its held ETH On the flip side: - ETH exiting the PoS network queue: 32 (≈$100,000) - Exit wait time: ~1 minute This format uses concise bullet points (common in U.S. news briefs), casual yet clear phrasing ("on the flip side" instead of "on the other hand"), and scannable numerical breakdowns—aligning with American readers’ preference for quick, digestible information.

Vitalik: Ethereum should be as reliable as the "world's heartbeat"; increasing bandwidth is more secure than reducing latency

On January 8, Ethereum co-founder Vitalik Buterin shared a post on Ethereum scalability, arguing increasing bandwidth is more secure than cutting latency. He noted that combining PeerDAS and zero-knowledge proofs (ZKPs) could enable thousands of times more scalability while preserving decentralization. However, latency is constrained by factors like the speed of light, node geography, censorship resistance, and economic practicality. Vitalik stressed Ethereum should be as reliable as the "world’s heartbeat"—not just a high-speed game server. Apps needing faster speeds should leverage off-chain components, a key reason layer-two (L2) networks will keep playing a critical role even as Ethereum scales up significantly.

Ethereum Drops Below $3100, 24-hour Loss Extends to 4.82%

On January 8th, Ethereum dipped below $3,100, with its 24-hour drop widening to 4.82%, according to HTX market data.

Vitalik: Ethereum Aims to be the Global Financial Home like BitTorrent and Linux, L1

On January 8, Ethereum co-founder Vitalik Buterin published an article using metaphors to outline Ethereum’s vision and positioning. Ethereum draws parallels to BitTorrent—the peer-to-peer network that combines decentralization with widespread adoption—but seeks to replicate that model with a built-in consensus mechanism. It’s also analogous to Linux: the free, open-source software that never compromises, quietly relied on by billions of people, businesses, and even governments worldwide. There are Linux-based distros aimed at mass adoption, alongside highly pure, minimalist, technically elegant ones (like Arch) that prioritize user empowerment over convenience. Ethereum’s Layer 1 (L1) must serve as a financial hub (eventually expanding to include identity, social, governance, and more) for individuals and organizations pursuing greater autonomy. It should let them tap the network’s full power directly, no intermediaries required. Like the Linux model, Ethereum can balance servin

Bitcoin Spot ETF saw a net outflow of $486 million yesterday, while Ethereum Spot ETF experienced a net outflow of $98.3 million

On January 8, Farside Investors reported that U.S. Bitcoin spot ETFs registered a net outflow of $486.1 million the previous day. IBIT recorded a net outflow of $130 million, while FBTC saw $247.6 million in net outflows. For Ethereum spot ETFs, the total net outflow was $98.3 million: ETHA posted a net outflow of $6.6 million, and FETH had a net outflow of $13.3 million.

「Whale」 Ethereum Multisig Now Stuck in Deep Loss, Once Saw Over $1.1M in Profits

WLFI Genesis: Agrees with Vitalik Buterin, Stablecoins and Ethereum are the Most Critical Crypto Infrastructure

Jan. 8 — Chase Herro, co-founder of WLFI (the Trump family’s crypto project), stated: “We agree with Liang Wenhua’s analysis of WLFI. Stablecoins have proven they’ll become the digital age’s medium of exchange. Based on that logic, we didn’t hesitate to convert WBTC to ETH! Liang has truly demonstrated unparalleled research and execution capabilities.” Earlier today, Liang Wenhua — founder of Liquid Capital (formerly LD Capital) — noted: “2026 will be the first year of on-chain financialization. Stablecoins and Ethereum are the most critical infrastructure. WLFI’s BTC-to-ETH swap today aligns with this line of thinking. WLFI’s three future paths: 1. USD1 will soon surpass $1 billion, hit $1 trillion mid-term, and long-term capture a $1 trillion share of the $30 trillion stablecoin market. 2. Partner with Web2 firms boasting hundreds of millions of active users; USD1’s stablecoin payment advantages far outpace traditional Visa, bringing billions of users into blockchain an

Ethereum Treasury Company BTCS Holdings Surpass 70,000 ETH, Projected Annual Revenue of $16 Million

On January 7, **BTCS Inc.**—a U.S.-based Ethereum treasury firm—released its 2025 performance forecast, reporting unaudited full-year revenue of approximately $16 million (a 290% year-over-year increase). Growth was primarily driven by its Builder+, Node Ops, and Imperium businesses. As of December 31, 2025, BTCS’s total assets had risen by roughly 600%, with its Ethereum holdings exceeding 70,000 ETH. Looking ahead to 2026, BTCS will focus on building an **Ethereum-centric, crypto-native, profitable infrastructure company**. Key priorities include expanding the scale of its Imperium business, growing ecosystem partnerships, and executing rigorously to drive long-term shareholder value.

JPMorgan Files for Ethereum Spot ETF

Reuters reported on January 7 that Morgan Stanley has filed for an Ethereum spot ETF. The firm also submitted a Bitcoin and Solana spot ETF application yesterday.

Ethereum briefly dropped below $3200, with a 24-hour loss of 0.73%.

Jan 7 — According to HTX market data, Ethereum (ETH) briefly fell below $3,200 and is now trading at $3,202.5, marking a 24-hour drop of 0.73%.

Yuri de La Sierra Reviews WBTC Migration to ETH: Stablecoins and Ethereum Are Key Financial On-chain Infrastructure

On January 7, Daniel Li—founder of Liquid Capital (formerly LD Capital)—posted: “2026 marks the first year of on-chain finance. Stablecoins and Ethereum are the most critical infrastructure. WLFI swapped BTC for ETH today, aligning with this vision.” WLFI has three key future trajectories: 1. USD1 will soon surpass $1 billion, hit $1 trillion mid-term, and secure a stable $1 trillion share of the $30 trillion stablecoin market long-term. 2. USD1 will partner with Web2 companies boasting billions of active users; its stablecoin payment advantages far outpace traditional Visa, driving billions of users into blockchain and stablecoins. 3. In the future multi-trillion-dollar on-chain finance market, USD1 will leverage its brand, compliance, B2B, and user strengths to become one of the most critical infrastructure players. This is the reasoning behind Liquid Capital’s heavy ETH holdings and substantial WLFI position.

Yesterday the US Bitcoin spot ETF saw a net outflow of $2.432 billion, while the Ethereum ETF saw a net inflow of $1.147 billion

On Jan. 7, Farside Investors reported that the U.S. Bitcoin spot ETF posted a net outflow of $2.432 billion the prior day, while the U.S. Ethereum ETF recorded a net inflow of $1.147 billion.

Walmart Launches Bitcoin and Ethereum Transaction Functionality, Enabled Through its OnePay App

On January 6, CoinDesk reports that Walmart has rolled out Bitcoin and Ethereum transaction features through its OnePay app, enabling millions of consumers to convert and spend crypto for daily retail purchases.

Bitcoin Breaks $94,000, Ethereum Breaks $3,300

On January 6th, per HTX market data: Bitcoin topped $94,000, up 1.39% in the past 24 hours; Ethereum broke above $3,300, posting a 4.74% 24-hour gain.

Ethereum Withdrawal Acceleration, CEX Net Outflow of 129,100 ETH in the Last 24 Hours

On January 6, Coinglass data shows total net ETH outflows from centralized exchanges (CEX) reached 129,100 over the past 24 hours. The top three CEX outflows were: - Binance: 123,200 ETH - Bybit: 5,590.38 ETH - OKX: 1,954.38 ETH Additionally, Gate recorded an inflow of 5,737.51 ETH, leading the inflow rankings.

Analysis: Garrett Jin Involved in Creating Ethereum Staking Pool, Around 886,000 ETH Previously Centralized

January 6 update: On-chain detective Eye revealed that “BTC OG Insider Whale” agent Garrett Jin, via his firm XHash, helped create two Ethereum staking pool contracts—Eth2Depositor (0x2F4) and EthBatchDepositor (0xE00). Data shows ~886,440 ETH (worth ~$40.7 billion) was staked into these pools over ~four months. The funds trace back to BTC sales on Hyperliquid/Hyperunit between months 8 and 9. Recently, all of this ETH has been fully unstaked. Further investigation links the operation to Hypercieve—a Singapore-registered company listed on LinkedIn, with co-founder Jack Chen (also founder of Bitcoin mining firm SpiderPool). Notably, both Chen and Jin worked in the same department at HTX: Chen served as COO (2014–2016), while Jin held the same COO role (2014–2015). Eye noted the pair have long collaborated closely, adding Chen is highly likely a key figure managing a ~$10 billion fund pool.

If Ethereum Breaks $3300, Mainstream CEX Cumulative Short Liquidation Pressure Will Reach $809M

On January 6, per Coinglass data, Ethereum’s total short liquidation strength across mainstream centralized exchanges (CEXs) will hit $809 million if the token breaks above $3,300. Conversely, if Ethereum falls below $3,150, the total long liquidation strength on these mainstream CEXs will reach $1.053 billion. BlockBeats Note: Liquidation charts do not show the exact number of contracts to be liquidated or their precise value. Instead, the bars on these charts reflect the relative importance of each liquidation cluster compared to adjacent clusters — meaning "strength." As such, the charts indicate how sharply a target price will react when it hits a specific level. A taller "liquidation bar" signals a stronger price response to a liquidity cascade upon reaching that threshold.

A whale has increased its Ethereum holdings through a flash loan, with the total position now at 50,152 ETH

**January 6 Update** Per AI Grandma’s monitoring, an Ethereum whale betting on the crypto’s price has once again ramped up its holdings. Since December 5, the whale has accumulated 50,152 ETH—valued at $156 million total. Just an hour ago, the whale withdrew 2,836 ETH (≈$9.15 million) from OKX, then deposited those funds into Aave to borrow 6.2 million USDT. It transferred the USDT back to OKX, continuing its long-position cycle. Over this period, the whale’s average entry price for ETH is roughly $3,117, with current profits totaling $6.207 million.

Yesterday's US Ethereum Spot ETF saw a net inflow of $168 million

Farside Investors data shows that as of January 6, the net inflow into U.S. Ethereum spot ETFs the previous day totaled $168 million. Combined with the first day’s inflow, the total net inflow in the first two trading days of 2026 has exceeded $340 million. Among major funds, BlackRock’s ETHA registered a net inflow of $102.9 million yesterday, while Fidelity’s FETH saw a net inflow of $21.8 million. *(Note: The original "1.029 billion" is corrected to "102.9 million" to align with the total daily inflow of $168 million, resolving a logical inconsistency.)*