An Address Liquidated Long on Major Coins, Turning $3 Million Principal into $11 Million Profit in Only 4 Days

**Lens Protocol Leadership Transitions to Mask Network** Effective January 21, the original team behind Lens Protocol will no longer steer its development. The SocialFi project announced Tuesday that Mask Network will “host and lead” the protocol’s next phase. Launched in early 2022 by Aave founder Stani Kulechov, Lens Protocol was initially framed as “building Twitter on Ethereum.” Kulechov noted on X (formerly Twitter) Tuesday: “We’ve built Lens Protocol and its underlying on-chain infrastructure—including advanced decentralized content storage governed by smart contracts. Our goal is to create neutral social infrastructure for developers to build consumer-grade apps that reach mainstream users.” About a year after launching on Polygon, Lens reported supporting over 110k social accounts and spawning hundreds of apps. On the same day, Mask Network outlined its Lens roadmap on X: “The next stage isn’t more protocols—it’s building truly usable products, fostering a shared cultu

Jan 21 — The team backed by the Dogecoin Foundation is pushing forward with **Such**, a DOGE payment and everyday business tool slated for an official launch in the first half of 2026. Its goal: expand Dogecoin’s use cases beyond trading speculation to real-world payments and business. The app is co-developed by House of Doge (the Dogecoin Foundation’s official corporate entity) and its Nasdaq-listed merger partner Brag House Holdings. The pair inked a final merger agreement last month, with the merged entity set to go public post-transaction—also targeting early 2026. Per the product overview, Such is a consumer-focused tool that pairs a self-hosted wallet with built-in business tools. It aims to cut down on two-way friction for DOGE payments, making it easier for users to pay with Dogecoin and merchants to accept it. Initial features include: - Self-hosted wallet creation - Real-time transaction records - Merchant tool “Hustles” (for individuals and small businesses to li

Jan 21: Crypto Liquidations Total $236M in 4 Hours (Coinglass Data) Per Coinglass figures, the entire crypto network saw $236 million in liquidations over the past 4 hours—with $209 million tied to long positions and $26.86 million to short positions. Over the last 24 hours, 142,068 traders globally have been liquidated, totaling $583 million. The largest single liquidation was a $6.81 million ETH-USD trade on Hyperliquid.

On January 20, Chainlink announced the launch of 24/5 U.S. Equities Streams—marking the first time DeFi gains access to pre-market, after-hours, and overnight U.S. stock market data—enabling the ~$80 trillion U.S. stock market to operate continuously on-chain. This data feed delivers high-frequency, cryptographically signed market data 24/5, covering not only mid-prices but also bid/ask prices and volumes, last trade price, market status indicators, and data freshness metrics. It provides full market context for on-chain trading, clearing, and risk management. Chainlink noted the solution has been deployed across 40+ blockchains, supporting a range of Real World Asset (RWA) use cases: U.S. stock perpetual swaps, prediction markets, synthetic stocks, lending, and structured products. Platforms including Lighter, BitMEX, ApeX, and Orderly Network have adopted the feed, driving growth of a continuous on-chain U.S. stock market. Chainlink added the 24/5 feed resolves the structura

Jan. 20 — Per Lookonchain monitoring, the long-position address linked to "Big Brother Whale" Li-Cheng Huang was liquidated 5 times today amid a market sell-off. Current Position: 25x long on 2,200 ETH (~$6.67M) Liquidation Price: $2,991.43 Cumulative P&L: -$24.18M

Bitmine Immersion Technologies announced Wednesday it has secured shareholder approval to increase its authorized share capital, a move designed to boost flexibility for future fundraising efforts. The company currently holds 4.203 million ether (ETH), 193 bitcoin (BTC), a $22 million stake in Eightco Holdings, and nearly $1 billion in cash, per a press release issued Tuesday. At its annual shareholder meeting held Jan. 15, Proposal 2 passed with 81% of votes in favor, authorizing the expansion of authorized shares. Notably, the proposal does not call for an immediate new share issuance. Instead, it raises the cap on future issuances to create room for fundraising, mergers and acquisitions (M&A), or continued support for its Ethereum holdings. Authorized share capital sets the maximum number of shares a company can legally issue. Increasing this limit allows Bitmine to fund business expansion or asset allocation via new share issuances down the line. To address potential equit