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Or influenced by CZ interaction, BSC Chinese Meme Coin "I'm Here to Stay" sees over 400% price surge in 24 hours

1 days ago

On January 7th, according to monitoring by GMGN, a Chinese meme coin on the BSC chain—dubbed "I Stepped on the Horse"—surged rapidly amid potential interaction with CZ. It posted a 24-hour gain of over 400%, currently trading at $0.00334, with a market cap of $3.3 million and a trading volume of $5.4 million over the same period. BlockBeats reminds readers that meme coin trading is highly volatile, often driven by market sentiment and speculative activity rooted in hype rather than practical value. Investors should exercise caution and be mindful of associated risks.
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「Whale Liquidates ETH Long After 30 Failed Attempts, Loses $45,000」

On January 8, monitoring from HyperInsight (via its Telegram channel: https://t.me/HyperInsight) shows the whale dubbed "30 Longs' Repeated Slaughter" closed an ETH long position today, incurring a $45,000 loss. The whale still holds a 10x-leveraged long position of 8,539,326.1 FARTCOIN—valued at approximately $3.28 million. With an average entry price of $0.4299, the position has an unrealized loss of $386,000.

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ZEC drops over 21.3% in 24 hours, dips to $381

Jan. 8: Per HTX market data, ZEC has dropped to a low of $381 and is currently trading at $383, with a 24-hour decline of 21.3%.

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Chen Zhi's Repatriation Scene Exposed, Public Security Authorities Will Publicly Issue a Wanted Notice for the Core Members of the Criminal Group

### Chinese Police Extradite Chen Zhi, Transnational Fraud Ring Leader, From Cambodia On January 7, a working group from China’s Ministry of Public Security (MPS) successfully extradited Chen Zhi—a Chinese national and leader of a major transnational gambling and fraud group—from Phnom Penh, Cambodia, back to China. Details of the extradition scene on January 8 have since emerged. Investigations show Chen’s criminal group is suspected of operating casinos, fraud, illegal business activities, and money laundering (concealing and disguising criminal proceeds). Chen has been detained in accordance with Chinese law, and the case remains under further investigation. An MPS official stated that Chinese public security agencies will soon issue a wanted list for the group’s core members and will resolutely pursue all fugitives. Chen, founder of the Cambodia-based telecom fraud syndicate Prince Group, was born December 16, 1987, in Lianjiang County, Fuzhou City, Fujian Province, China.

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"The 'Strongly Short ZEC' Whale Further Increases ZEC Short Position, Currently Up $490,000 in Unrealized Gains"

January 8 – Per monitoring from HyperInsight, the "Firm Short ZEC" whale added to its ZEC short position today, now holding a 2x leveraged short of 5,000 ZEC (≈$2.01 million). The average entry price is $499.32, with an unrealized profit of $490,000. Previously, this address has executed seven ZEC short positions (no long positions) and accumulated a total loss of $508,000.

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"The 'Strongly Short ZEC' Whale Further Increases ZEC Short Position, Current Unrealized Gain $490,000"

On January 8, monitoring from HyperInsight (via its Telegram channel @HyperInsight) shows the “Firm Short ZEC” whale has continued adding to its ZEC short positions today. Currently, the whale holds a 2x leveraged short position of 5,000 ZEC (valued at approximately $2.01 million), with an average entry price of $499.32 and an unrealized profit of $490,000. Previously, this address has executed seven ZEC short trades with no long positions, accumulating a total loss of $508,000.

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BitMine still holds a $9.15 billion cash reserve, available for further ETH purchases

On January 8, 2026, BitMine — Ethereum’s largest holder — revealed it had spent $105 million to acquire ETH in the first eight days of the year. Notably, the firm retains a $915 million cash reserve earmarked for potential additional ETH purchases. BitMine is advancing toward its strategic goal of accumulating 5% of Ethereum’s circulating supply. Per data from StrategicEthReserve, BitMine currently holds 4.07 million ETH (valued at $12.6 billion), representing 3.36% of the total ETH supply. The company has also staked 908,192 ETH, worth roughly $2.95 billion.

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