Kraken-Backed SPAC Submits Nasdaq Listing Application, Aims to Raise $250 Million

On January 13th, per MLM Monitor, Selini Capital withdrew 500,000 HYPE tokens (worth roughly $12.1 million) from OKX roughly 16 hours ago, then staked the full amount in HyperCore about 6 hours later.

January 13th – Per AI Whale Monitoring, a bullish Ethereum (ETH) whale has added another 1,299.6 ETH to their holdings this week. Five minutes ago, the whale withdrew ETH from OKX at an average price of $3,129.64. Since December 5, 2025, their total accumulated ETH has reached 51,451.6, with a total value of $161 million and an average cost of approximately $3,117.3. Currently, the whale is sitting on a floating loss of $940,000. Their floating profit has also retreated by over $9 million compared to ETH’s short-term high from last week.

On January 13, per OnchainLens monitoring, a BlackRock address deposited 3,290 Bitcoin (≈$302.9 million) and 5,692 Ethereum (≈$17.82 million) into a Coinbase address, with additional asset deposits expected.

On January 13th, per Coinglass data, two critical Bitcoin liquidation thresholds on major centralized exchanges (CEXs) are in focus: - If Bitcoin breaks above $93,000, cumulative short liquidation intensity will reach $439 million. - Conversely, a drop below $91,000 will trigger cumulative long liquidation intensity of $455 million. **BlockBeats Note**: The liquidation chart does not show the exact number or value of contracts to be liquidated. Instead, its bars reflect the relative importance of each liquidation cluster compared to adjacent clusters—meaning *intensity*. A taller "liquidation bar" signals a more intense price reaction when the target level is hit, fueled by a surge in liquidity.

As of Jan 13, DefiLlama data shows **Perpetual DEX (Perp DEX)** trading volumes across platforms rebounded sharply from weekend levels over the past 24 hours. - Hyperliquid leads the pack with ~$7.07 billion in 24-hour volume, while Lighter—possibly impacted by ongoing price declines since its launch—has seen a concurrent drop in trading volume recently. - Aster, meanwhile, posted higher volume, securing the second spot. Key metrics for major Perp DEXs (24hr volume, TVL, open interest) are below: | Platform | 24hr Volume | TVL | Open Interest | Link | |----------------|-------------|--------------|---------------|---------------------------------------| | Hyperliquid | ~$7.07B | ~$4.21B | ~$8.23B | [https://app.hyperliquid.xyz/join/NTOD](https://app.hyperliquid.xyz/join/NTOD) | | Aster | ~$5.52B | ~$1.24B | ~$2.61B | [https://www.asterdex.com/en/referral/aboter](https://www.asterd

**Jan 13: Bernstein Lifts Figure Tech (FIGR) Target to $72, Names 2026 Top Pick** Bernstein analysts raised Figure Technology Solutions’ (ticker: FIGR) target stock price from $54 to $72 on Monday, designating the firm a “Top Pick for 2026.” The team cited **tokenized lending market growth exceeding expectations** and improving operational leverage, with the new target implying ~38% upside from FIGR’s Monday close of $52.23. Bernstein has rated the stock “Outperform” since initiating coverage in October 2024. In a Tuesday (Jan 14) client report led by Gautam Chhugani, the team noted the blockchain-based lender is well-positioned amid a clearer regulatory framework tied to banking transformation and the proposed U.S. crypto market structure bill (dubbed the “Crypto Bill”). The report highlighted Figure’s blockchain infrastructure replacing traditional banking ledgers, with its tokenized equity business holding long-term growth potential. Bernstein added Figure’s performance has