Strive Completes Merger with Semler Scientific, BTC Holdings Increase to 12,798 Coins
On January 16, Bitcoin-focused public firm Strive completed its merger with Semler Scientific—another company with a Bitcoin treasury—boosting its BTC holdings to 12,798 coins (valued at approximately $1.22 billion) and securing its spot as the 11th-largest corporate Bitcoin holder.
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RollX Launches ROLL Genesis Airdrop Phase 1
**RollX (Base Perp DEX) Launches ROLL Token, Kicks Off Genesis Airdrop First Phase**
RollX, the perpetual DEX protocol on Base, has rolled out its ROLL token and launched the first phase of its Genesis airdrop distribution.
Claims for the airdrop went live at 19:00 on January 16, with the deadline to claim the first batch of unlocked tokens set for January 26.
The Genesis airdrop totals 180 million ROLL tokens. Eligible recipients include:
- Trade & LP Points holders (from S1, S2, and S3 seasons);
- Contributors to campaigns like Binance Wallet, Bitlayer, and Galxe.
**Vesting Rules**:
- Genesis airdrops + most activity rewards: 25% unlocks at TGE, with the remaining 75% vesting linearly over the next six months;
- Galxe + RollOnchain Lightning rewards: 100% unlocks at TGE.
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A whale withdrew 235,472 TRUMP from Binance, worth approximately $1.27 million
Jan. 16 — Per Arkham data, a crypto whale withdrew 235,472 TRUMP tokens from Binance roughly 20 minutes ago, with the sum valued at around $1.27 million.
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ETHGas Disclosure: GWEI Allocation Details and Staking Plan - Community Airdrop will automatically stake for 30 days
Jan. 16 — The ETHGas Foundation released details on the token distribution and vesting schedule for its governance token GWEI, with a total supply of 10 billion tokens:
- **Ecosystem Allocation**: 31% → 10-year linear unlock
- **Investor Allocation**: 27% → 1-year lockup (10% unlocked immediately at maturity, followed by 2-year linear unlock)
- **Team Allocation**: 22% → Same vesting terms as Investors
- **Community Allocation**: 10% → 4-year linear unlock
- **Foundation Allocation**: 8% → Unlocked on the first day of listing
- **Advisor Allocation**: 2% → Same vesting terms as Investors
Additional notes:
- GWEI distributed via community airdrops will be auto-staked for 30 days upon listing to ensure early contributors participate in governance.
- Holders may lock GWEI for 1 week to 4 years to receive veGWEI.
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Hyperliquid's second largest ETH long position, a large limit price buy order, appears to be a planned attempt to buy the dip in Ethereum
January 16: On-chain analyst Ai Auntie (@ai_9684xtpa) reports that the top 2 ETH long address on Hyperliquid (0x94d…33814) holds a combined $318 million in long positions across ETH, BTC, and SOL, with $3.9 million in unrealized losses (ETH makes up 62.4% of the total).
The address has placed two limit buy orders:
- 786.85 BTC (valued at $74.95 million) in the $95,150–$95,381 range
- 8,346.78 ETH (valued at $27.48 million) in the $3,285–$3,300 range
Should the market pull back, the address is expected to decisively buy the dip and lean bullish.
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Data: Today 20,000 BTC Options Expire, Maximum Pain at $92,000
On January 16, Adam, a macro researcher at Greeks.live, released today’s options expiration data:
- 20,000 BTC options are expiring, with a put-call ratio of 1.39, max pain at $92,000, and a nominal value of $2.3 billion.
- 120,000 ETH options are expiring, with a put-call ratio of 1.04, max pain at $3,200, and a nominal value of $430 million.
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