TokenomicsTrapper

While incentive subsidies can attract users, once the subsidies are stopped, users tend to leave quickly because most of the locked funds are for incentives and lack genuine demand. DeFi protocols need to address issues like impermanent loss after normalizing incentives to achieve sustainable revenue and capital efficiency, ensuring long-term survival.

Recently, a major crypto whale lost over $282 million worth of Bitcoin and Litecoin due to social engineering scams. Hackers used THORChain to launder the funds and exchange them for Monero, which then surged 60% in price. Investigations show that some of the stolen funds are still traceable, and there is potential for further breakthroughs in the case. Remind everyone to stay vigilant against social engineering scams.

In on-chain data monitoring, it was found that the RALPH project initially invested 28.8 million RALPH tokens with 12.3 SOL in the early stages, which has now appreciated to $1.07 million, with a return of 642 times. This highlights the importance of internal address layout and explains why traders focus on whale and large holder movements.

DOGE's recent price increase has broken through the early morning high, indicating active bullish momentum, but trading volume has shrunk, and market enthusiasm is lacking. Technical indicators show that the bulls are gaining strength, with short-term support at 0.1346 and resistance at 0.1516. It is important to watch whether it can effectively break through the resistance level.

【Crypto World】Interestingly, a major on-chain movement of around 300 million USD has just been detected—approximately $300,025,499 USDC transferred from one anonymous address to another. Such large-scale stablecoin transfers often reflect the activities of big players on the chain, possibly preparing for the next market move?

【Crypto World】A major move has just occurred. 672 Bitcoins have moved from an unknown wallet into Coinbase Institutional. Based on the current price, this transfer amounts to approximately $63.98 million. Institutional-level exchange fund inflows like this usually indicate that large investors are repositioning their holdings or that institutions are reallocating assets. Whether it's institutional accumulation or asset allocation adjustments, transfers of this magnitude are worth paying attention to.

The article discusses how ordinary investors often suffer losses in trading when facing the power of institutions and platforms. It recommends investors choose high-quality assets and hold them long-term to achieve better returns. Using examples of Buffett and Gates, it emphasizes the importance of holding positions and the scarcity of high-quality assets, suggesting that long-term gains from going long outweigh those from shorting.

Bitmain Technologies, a Bitcoin mining company, received a Nasdaq warning after its ADS stock price remained below $1 for 30 consecutive trading days. If it does not recover by July 2026, it will face delisting risk. This situation reflects the impact of market pressure on the mining industry and may prompt the sector to reevaluate its profitability models.

Today, the options market is experiencing a wave of expirations, with 20,000 BTC options expiring. The Put Call Ratio is 1.39, indicating a strong bearish sentiment, with the biggest pain point at $92,000. ETH has 120,000 options expiring, with a Put Call Ratio of 1.04, showing a slightly bearish outlook, with the biggest pain point at $3,200. Overall sentiment is cautious but not overly pessimistic.

The on-chain analysis platform Lookonchain detected that a whale borrowed 18.3 million USDe through Aave over 20 days, then purchased 8,337 XAUT, totaling approximately $38.4 million. This indicates institutional views on precious metal assets and the activity of leveraging strategies during periods of high macro uncertainty, also revealing market trends to retail investors.

Decentralized social prediction platform Slips recently completed a $3.5 million seed round of funding, combining P2P prediction markets with location-based social networking to promote online and offline interactions. The funds will be used to enhance financial infrastructure and improve user fund liquidity and market access.

【Crypto World】More institutions are strengthening digital asset allocations. Investment advisory firm Digital Wealth Partners has decided to entrust approximately $250 million worth of Bitcoin to Two Prime for management, operating through a separate managed account. This independent account structure is becoming increasingly common in institutional-level digital asset management, providing more granular risk isolation and professional management for assets. It seems that more and more traditional financial institutions are taking long-term allocations of digital assets like Bitcoin seriously.

Recently, XRP's ETF managed assets reached $1.71 billion, but the price reaction has been lukewarm, currently hovering around $2. Despite short-term volatility, capital inflows may cause delayed price responses. The key is whether it can break through $3 this month, further influencing XRP's performance.

In the past 4 hours, ETH price experienced a slight increase followed by a decline, showing an overall downward trend. Trading volume has shrunk, and market participation is low. Technical indicators indicate strong bearish momentum. Traders are advised to watch for long entry points at 3130.45 and 3101.38, as well as short entry points at 3450.0 and 3394.7, and to pay attention to risk management.

In the past 24 hours, there has been a change in Ethereum fund flows, with centralized exchanges experiencing a net outflow of 38,700 ETH, mainly from Bithumb, some exchange, and a leading exchange. Conversely, OKX has absorbed 21,800 ETH against the trend, indicating different reactions and sentiments among market participants.

Recently, the wallet associated with the KAITO project transferred 5 million KAITO tokens, drawing attention. This move coincides with the Kaito team’s negotiations with Twitter for API authorization, suggesting the team may have been informed in advance. Additionally, the KAITO staking unlock cycle has reached a peak, raising questions about the motivation behind the current sell-off. Meanwhile, Kaito announced platform adjustments and the launch of new features to address market concerns.

A high-leverage trader purchased 120 Bitcoins on January 16th with 5x leverage, at an average price of $95,583.4, currently experiencing unrealized losses. The wallet mainly switches quickly between BTC, ETH, and META, demonstrating an aggressive trading style, worth monitoring for future developments.

The crypto market has been continuously declining recently, with the DePIN sector experiencing the largest drop, with Filecoin and Golem falling by 8.55% and 10.07% respectively. Bitcoin experienced a slight correction of 0.74%, while Ethereum's decline was smaller. The performance of various sectors varies, with some coins rising against the trend, and market divergence is evident.

ARK Invest founder predicts that the United States may usher in a strengthened Reaganomics era in the next three years, potentially bringing growth opportunities to the stock market. Policy easing, tax cuts, and monetary stability expectations could reshape asset allocation, providing important insights for investors focused on macro trends.

Solana officially announces that the STRK token has been successfully launched on the Solana network, utilizing Near's bridging solution to introduce Starknet tokens, demonstrating new progress in Solana's scalability and cross-chain integration. This collaboration is seen as a mutually beneficial situation that may attract more users to participate in the Starknet ecosystem.