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Bitcoin Rebounds Surpassing $88,000

3 hours ago

January 1 – Per HTX market data, Bitcoin rallied past $88,000 on a rebound, last trading at $88,024.
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LIGHT skyrocketed 700% in the past 24 hours before crashing 77%, resulting in a long and short double liquidation of over $32 million

On January 1st, according to HTX market data, LIGHT (Bitlight) saw a short-term plunge of 77.3%, hitting a low of $0.5287 at one point and currently trading at $0.64. Notably, LIGHT dropped to $0.32 at 4 PM Beijing time yesterday, then surged nearly 700% afterward. It reached around $2.5 around 6:45 PM Beijing time today, before plummeting one hour later. Per Coinglass data, LIGHT has liquidated $32.11 million in the past 24 hours—second only to Bitcoin’s $47.85 million. Long positions accounted for $12.39 million in liquidations, while short positions made up $19.71 million.

2 hours ago

On-chain Evening Recap: Whale Activity Significantly Decreases, Overall Sentiment Remains Cautious

January 1 As tracked by HyperInsight monitoring, key whale movements in new position shifts between 10:00 AM and 8:00 PM today are outlined below: ### Bullish Actions - Whale 0xEa6 opened long positions on 11 meme coins with $8 million in capital, totaling a position value of $13.76 million. - Jez (@aerobatic), linked to a newly created wallet, deposited 2.06 million USDC to Hyperliquid to open long positions on BTC, ETH, and SOL with 20x leverage. ### Bearish Actions - The "long-to-short" whale closed a $70.72 million BTC short position (20x leverage) with a profit of $14,380. - The "100% win rate" trader (0xf970f) shorted 2,000 SOL with 3x leverage at an average entry price of $124.91.

2 hours ago

BNB Chain 2025 Report: Total Unique Addresses Surpass 700 Million, Average Daily Transaction Volume Rises to 10.78 Million

**BNB Chain Hits All-Time Highs in 2025: Key Metrics Surge Across Users, Liquidity, Transactions** On January 1st, official sources confirmed BNB Chain released its 2025 annual summary report, showcasing record-breaking performance across core network indicators. Highlights from the report: - **TVL Growth**: Total Value Locked (TVL) rose 40.5% year-over-year; - **Transaction Volume**: Daily transactions hit 10.78 million, with a one-time peak of 31 million (zero downtime recorded); - **User Base**: Unique addresses exceeded 700 million; BSC and opBNB each boasted over 4 million daily active users (DAUs)—new all-time highs; - **Stablecoins & RWA**: Stablecoin market cap doubled to $14 billion (peak period); Real-world asset (RWA) size surpassed $1.8 billion; - **Institutional Adoption**: Institutional participation continued to grow. This update underscores BNB Chain’s expanding footprint in decentralized finance and Web3.

2 hours ago

Binance Alpha will launch the AI Avatar (AIAV) on January 2nd.

Per official sources, Binance Alpha is launching an AI Avatar (AIAV) airdrop on January 2nd—one day after its official rollout date of January 1st. Once trading opens, eligible users can claim the airdrop using Alpha Points on the Alpha Events page.

2 hours ago

Justin Sun has spent $33 million to buy 13.25 million LIT tokens, representing 5.32% of the circulating supply.

On January 1st, per MLM Monitor data, of the roughly $200 million Justin Sun deposited into the Lighter LLP platform, he has to date withdrawn ~$38 million, allocated ~$33 million to purchase 13.25 million LIT tokens, and retains ~$5.5 million in his spot account. These LIT holdings represent ~1.33% of the token’s total supply and ~5.32% of its circulating supply.

2 hours ago

Ethereum Deposit Sentiment Continues, with a CEX Net Inflow of 117.3k ETH in the Last 24 Hours

On January 1, according to Coinglass data, Ethereum (ETH) recorded a total net inflow of 117,300 ETH across centralized exchanges (CEXs) in the past 24 hours. The top three CEXs by ETH inflow were: - Binance: 115,600 ETH - Gate: 1,423.40 ETH - Gemini: 673.35 ETH Additionally, OKX led all CEXs in net outflows with 10,600 ETH withdrawn.

2 hours ago