SHELL Buyback Address has once again withdrawn 1 million tokens from Binance, and the buyback progress has reached 81.2%.

**January 4th Update** On-chain analyst Yu Jin reports that in mid-September, when Ethereum (ETH) surged near its 2024 high of ~$4,700, a massive 2.66 million ETH was unstaked. After 3.5 months of market digestion, the ETH unstaking queue has nearly cleared—only ~80,000 ETH remains pending. This 2.6 million ETH outflow drove a 34% drop in ETH’s price, from $4,700 in mid-September to its current level of ~$3,100. The current landscape is drastically different: pending staking inflows far outpace unstaking outflows. This shift comes as Ethereum-focused treasury firm Bitmine (BMNR) has staked a large volume of ETH—593,152 ETH in the past 8 days—pushing the pending staking queue above 1 million ETH.

On January 4, The Block reported that Punchbowl News founder Jake Sherman disclosed Saturday that U.S. Rep. Ritchie Torres will introduce the **2026 Financial Forecast Market Public Integrity Act** — legislation aimed at curbing potential insider trading on prediction market platforms. The bill would bar federally elected officials, political appointees, and executive branch employees from trading prediction market contracts tied to government policy or political outcomes if they possess or could reasonably access significant nonpublic information due to their official duties. In the comments section of Sherman’s post, Kalshi’s PR account noted that its platform rules explicitly ban insiders or decision-makers from trading using material nonpublic information. The legislation follows unusual trading activity on Polymarket: Hours before former President Trump announced a nighttime military operation to arrest Venezuelan leader Maduro, the implied probability of related contract

As of January 4, Arkham Data shows the U.S. government holds roughly $30.7 billion in cryptocurrency assets, including: - 328,372 BTC (valued at approximately $29.99 billion) - 3.51 billion USDT - 62,741 ETH (valued at approximately $1.98 billion)

**Jan. 4 Update: Onchain Lens data shows a crypto whale—who previously sold 255 BTC—has ramped up their short positions.** The whale now holds BTC shorts (10x leverage) and ETH shorts (15x leverage), totaling $109 million in value: - 751.38 BTC ($67M) - 12,909.15 ETH ($40.79M) The whale is currently sitting on an unrealized loss of over $1.8M.

On January 4, Ethereum co-founder Vitalik Buterin took to social media to note: “With ZK-EVM entering the alpha phase (performance now production-ready, with remaining key work focused on security) and PeerDAS already live on mainnet, we’ll explore what this combination means for Ethereum. This isn’t a minor upgrade—they’re turning Ethereum into a fundamentally new, more powerful decentralized network.” BitTorrent (2000) is highly bandwidth-intensive and decentralized but lacks a consensus mechanism. Bitcoin (2009) is highly decentralized and has consensus, but it’s low on bandwidth—because it achieves “distribution” not via sharding, but through work duplication. Now, with PeerDAS (2025) and ZK-EVM (expected to see network adoption by 2026) in the mix, Ethereum has all three: decentralization, consensus, and high bandwidth. The “impossible trilemma” isn’t just solved on paper—it’s solved with working code. Half (data availability sampling) is already live on mainnet today; the othe

On January 4, Onchain Lens monitoring data indicates a wallet has again transferred 2 million USDC to Lighter to boost its LIT holdings. Currently, the wallet holds a total of 3.38 million LIT across two addresses. These assets were purchased over the past five days at an average price of $2.37, with a total cost of $8.03 million.