SHELL Buyback Address has once again withdrawn 1 million tokens from Binance, and the buyback progress has reached 81.2%.

On January 10, per monitoring from HyperInsight (link: https://t.me/HyperInsight), the total unrealized loss on long positions held by the address linked to "Brother Whale" (Huang Lizheng) has widened to $610,000. Previously, the address’s total unrealized gains had once exceeded $1.4 million. Its current positions are: - Long 10,706 ETH with 25x leverage; liquidation price: $3,000.16; unrealized loss: $460,000 - Long 86,000 HYPE with 10x leverage; liquidation price: $12.12; unrealized loss: $150,000

Jan. 10 — Binance founder CZ retweeted a post noting JPMorgan Chase recently acquired $3.83 billion in Bitcoin and Bank of America is buying aggressively, with a comment: “When you’re panic selling, U.S. banks are steadily accumulating Bitcoin.”

On January 10, data from Coinglass shows that if Ethereum (ETH) drops below $3,000, the cumulative liquidation intensity for long positions across major centralized exchanges (CEXs) will hit $882 million. Conversely, if ETH breaks above $3,200, the cumulative liquidation intensity for short positions on these major CEXs will reach $935 million. **BlockBeats Note**: Liquidation charts do not display the exact number of contracts being liquidated or their precise value. Instead, the bars on these charts reflect the relative importance of each liquidation cluster compared to adjacent clusters—this is what’s meant by "intensity." In short, the chart shows how strongly a target price will react when it hits a specific level. A taller "liquidation bar" signals a more intense price response driven by a surge in liquidity.

Jan 10 — Per Lookonchain data, wallet address 7Z4KKD withdrew 80,000 SOL from Binance 6 hours ago after being inactive for roughly a year. The transaction is valued at approximately $10.87 million.

On January 10, an anti-DeFi advocacy group ran ads on U.S. Fox News urging the public to pressure their state senators to push for cryptocurrency market structure legislation that excludes DeFi-related provisions. Crypto journalist Eleanor Terrett shared screenshots on X (formerly Twitter) Friday showing the group “Investors For Transparency” running the ad with the message: “Tell your senator: Pass crypto legislation without DeFi clauses” — plus a hotline for viewers to contact their senator’s office directly. The ad also claimed, “Don’t let DeFi hinder innovation.” The statements align with core concerns of banking industry lobbying groups: The proposed “CLARITY Act” could let stablecoin issuers offer interest-bearing products similar to bank deposits, potentially disrupting the traditional banking system. The U.S. Treasury estimated in April that widespread stablecoin adoption could drain up to $6.6 trillion in deposits from traditional banks. At the time the ad aired, the

On January 10, Pump.fun announced it will restructure its creator fee mechanism. Co-creator Alon Cohen noted in a post on X that the existing Dynamic Fees V1—while boosting platform activity significantly short-term—may have “distorted incentive structures” long-term, failing to foster sustainable market behavior. Cohen pointed out the mechanism rewards low-risk, large-scale token issuance but suppresses high-risk trading activity critical to the platform. “Traders are the core of the platform’s liquidity and trading volume—this structure is dangerous,” he added. Looking back, Cohen noted the mechanism’s initial impact was significant: a flood of new creators boosted engagement via live streams and other tactics. Pump.fun’s bonding curve trading volume doubled in weeks, forming one of the most vibrant on-chain ecosystems since early 2025. But the hype faded quickly, exposing structural flaws. For its initial adjustment, Pump.fun will roll out a creator fee splitting tool: crea