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The current mainstream CEX and DEX funding rate display shows that the market is no longer bearish on ETH and BTC, but still bearish on altcoins

2 hours ago

**Crypto Funding Rates: Broad Bearishness on Altcoins, ETH Neutral, BTC Mixed (Jan 1)** Per Coinglass data, mainstream centralized (CEX) and decentralized (DEX) exchanges show broad bearish sentiment toward altcoins—but all ETH funding rates have shifted back to neutral. Only OKX, Bybit, and LBank posted slightly bearish rates for BTC pairs; other platforms have returned to neutral. Funding rates for major coins are detailed in the attached chart. **BlockBeats Note:** Funding rates are set by crypto exchanges to keep contract prices aligned with underlying asset prices—typically for perpetual contracts. They’re a mechanism for transferring funds between long and short traders; exchanges do not collect this fee. The goal is to adjust the cost or profit of traders holding positions, ensuring contract prices stay near underlying asset values. - 0.01% = benchmark rate - >0.01% = bullish market sentiment - <0.005% = bearish market sentiment
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Upbit to List Tether Gold (XAUT) Spot Trading

On January 1, Upbit will list Tether Gold (XAUT) for spot trading, supporting KRW, BTC and USDT markets.

20 minutes ago

A certain whale holding PUMP for six months allegedly realized losses and liquidated its position, experiencing a paper loss of $1.53 million.

Per LookOnChain monitoring on January 1st: A whale purchased 7.5 billion PUMP tokens via two wallets in a public sale six months ago, spending 3 million USDC. One hour ago, the whale deposited these tokens (valued at $1.47 million) into Hyperliquid. If sold in full, the whale faces a potential loss of $1.53 million (-51%).

20 minutes ago

An address deposited 8 million USDC into HyperLiquid to open multiple long positions.

January 1st: Per Onchain Lens monitoring, a wallet deposited 8 million USDC into HyperLiquid and opened multiple long positions—10x leverage on XPL and PUMP, 5x on MON, and 3x on VVV, STBL, STABLE, IP, HEMI, GRIFFAIN, MAVIA, and AIXBT.

20 minutes ago

Vida Recounts Earning $1 Million Through BROCCOLI714 Hack

**BROCCOLI714 Hack Recap: Equation News Founder Vida Nets $1M+** On January 1, 2026, Equation News founder Vida recapped the morning’s BROCCOLI714 hack on X (formerly Twitter)—and her $1 million gain from the event. Within 30 minutes, she spotted BROCCOLI714’s price surge over 30% due to the hack, quickly closing her pre-existing arbitrage position. Her original $500,000 arbitrage hedging position had turned into an $800,000 spot holding and a $500,000 futures contract; closing it locked in a $300,000 profit. Next, she noticed a $5 million buy wall (10% depth) on Binance’s BROCCOLI714 spot market, while the contract market only had a $50,000 buy wall at the same 10% depth. Binance’s main order book showed BROCCOLI714 had a $40 million market cap and a $26 million buy wall—leading her to infer either a user account hack or a bug in the market-making system. After confirming the hacker’s $26 million stake in the spot order book, she realized the hacker planned to pump the spot m

20 minutes ago

UniSat: Runes Index Data Update Paused

On January 1, Bitcoin ecosystem wallet UniSat announced that the Runes index encountered an issue, causing its internal ord instance to exit unexpectedly. During system recovery, the Runes index data will temporarily stop updating, and the recovery process may take several hours.

20 minutes ago

Upbit Suspends NKN Network Asset Deposits and Withdrawals

Upbit has temporarily suspended deposits and withdrawals for the NKN network as of January 1st, the exchange announced today. The pause is due to delays in block generation on the NKN network, and a restart time will be notified separately.

20 minutes ago