A certain whale in the DeFi space dumped 3000 WETH this morning, previously holding a $2.87 million unrealized gain but did not take profits.
Jan 21st — On-chain analyst Ai Auntie (@ai_9684xtpa) notes that whale address nemorino.eth accumulated 9,043 WETH at an average price of $3,085 between Nov 24, 2025 and yesterday.
The whale held a paper gain of $2.87 million at one point in mid-January but did not lock in profits.
12 hours ago, amid the market downturn, the whale sold 3,000 WETH for just $30,000 in realized profit.
Currently, the whale still holds 4,089.83 WETH, with an unrealized loss of $472,000.
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Paul Chan: Hong Kong Stablecoin License Expected to Be Issued Later This Year
January 21 — According to the Hong Kong Economic Times, Hong Kong Financial Secretary Paul Chan Mo-po spoke at a special address session during the World Economic Forum Annual Meeting in Davos, noting that finance and technology can drive each other forward.
As an example, digital assets — a financial innovation — enhance transparency, efficiency, inclusiveness and risk management in financial services, while effectively directing capital to the real economy. Finance also serves as a key force supporting and empowering technological development, Chan added.
The financial chief emphasized that as an international financial hub, Hong Kong adopts an active yet prudent approach to digital asset development. Aligning with the principle of “same activity, same risk, same regulation,” it promotes market accountability and sustainable growth.
Since 2023, Hong Kong has issued licenses to 11 virtual asset exchanges, with stablecoin licenses expected to be granted later this year. The Ho
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Rainbow will take a snapshot on January 26, with the official airdrop on February 5.
Crypto wallet Rainbow announced on January 21st that it will take a snapshot for its RNBW token airdrop on January 26th at 16:20 EST, with the official airdrop scheduled for February 5th.
Previously, Rainbow disclosed RNBW’s tokenomics, with a total supply of 1 billion tokens. Token distribution at the Token Generation Event (TGE) includes: 15% for airdrops, ~3% for community pre-sales via CoinList, 47% for the treasury, 12.2% for the team, 7.8% for investors, and 15% for the community. The circulating supply at TGE is approximately 20% (covering airdrops, pre-sales, and other allocations).
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A trader liquidates a $304 million short position, aiming to take profit in the $83,000 to $85,000 range
January 21st — Per EmberCN data, a trader at address "0xD83...Fd7" turned $3 million into $18.5 million in nearly 6 days via cascading short liquidations.
Early this morning, the trader continued adding to their short position, now holding a $304 million short position.
Per current orders, the trader intends to gradually close the short position in batches for profit-taking at BTC $83,000–$85,000 and ETH $2,200–$2,905.
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SKR Pre-market Price Plunges Over 53.4% in the Past 24 Hours, Fully Diluted Valuation Now Only $76.9 Million
**Breaking: Solana Mobile to Launch SKR Airdrop Claims in ~30 Mins (10:00 AM UTC+8)**
The SKR token’s pre-market price has plummeted over 53.4% in the past 24 hours, currently trading at $0.00769 with a fully diluted valuation (FDV) of just $76.9 million. Yesterday’s pre-market trading price for SKR was $0.0165.
Previously, the crypto community had mixed views on SKR’s post-listing valuation, but bullish expectations generally ranged from $0.02 to $0.04—well above its current pre-market level.
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Former Alameda Research CEO Caroline Ellison to Be Released Today
Caroline Ellison, former co-CEO of Alameda Research, is being released from federal prison on Jan. 21, 2025, per U.S. Federal Bureau of Prisons records. She was previously transferred from a Connecticut prison to home confinement in October 2025.
On Dec. 20, 2025, the U.S. Securities and Exchange Commission (SEC) issued a litigation notice noting that former FTX CEO Sam Bankman-Fried remains in federal prison on fraud charges. Executives including Ellison (who served as Alameda’s CEO under Bankman-Fried’s leadership) have agreed to a settlement deal pending court approval. The other executives who signed the settlement are Zixiao Wang, former CTO of FTX Trading, and Nishad Singh, former co-head of engineering at FTX.
2 minutes ago
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