A trader spent $370 to buy WHITEWHALE and is currently sitting on over $800,000 in profit.

On January 10, 2025, analyst Biraajmaan Tamuly noted that Bitcoin Long-Term Holders (LTHs) endured the most aggressive selling phase on record that year. Despite the selling pressure sparking market volatility, on-chain data suggests this pressure may be fading—potentially laying the groundwork for Bitcoin’s next upward price cycle. Key data highlights: - Nearly $300 billion in Bitcoin dormant for at least a year re-entered circulation in 2025. - The period November 15–December 14, 2025, marked one of the most intense LTH selling sprees in over five years. Tamuly explained that since 2019, sharp LTH supply drops have rarely happened in isolation. They typically align with signs of Bitcoin’s trend exhaustion—either an uptrend nearing its end or a structural market transition. Price weakness emerged in October, but the most severe selling followed: a 30-day distribution peak of 1.14 million BTC in November 2025. This sequence signals a **capitulation sell-off** (not orderly

**January 10 Update** Senate Agriculture Committee Chair John Boozman (R-Ark.) is weighing delaying a vote on landmark crypto legislation—provided bipartisan negotiations yield significant progress in the coming days, three anonymous sources confirm. Boozman had planned to advance the crypto market regulation bill on Jan. 15. But he’s now open to pushing back the vote, contingent on talks between his team and Democratic chief negotiator Sen. Cory Booker (D-N.J.) over the next few days. If the two sides reach substantial breakthroughs by the end of this weekend, the committee chair may delay the vote to shore up bipartisan support for the measure.

Jan 10 – On-chain data analyst Evan Jing reports that a whale/institution holding 101,000 ETH for 5 years (average cost: just $660) transferred 40,251 ETH (~$124M) to the Bitstamp exchange in the past 24 hours. Notably, the latest transfer of 26,000 ETH (~$80.16M) to Bitstamp occurred just 1 hour ago. Per the report, the entity accumulated the 101,000 ETH 5 years ago via Binance and Bitstamp at an average price of $660. To date, 75,200 ETH (~$254M) from this holding have been moved to exchanges, with an average realized price of $3,383 – translating to a $204.9M profit on the sold portion. The whale/institution still holds 26,000 ETH (~$80.16M).

BNY Mellon has launched a tokenized deposit service allowing customers to transfer funds via blockchain, Bloomberg reported on January 10. The move makes the bank another major global player deepening its footprint in digital assets. In a Friday announcement, the bank said the digital cash is an on-chain representation of customer account deposits held at BNY Mellon. The service supports use cases including collateral and margin trading, enables faster payments, and the bank is committed to 24/7 operations.

On-chain analyst Ai Auntie (@ai_9684xtpa) reports that the Bandit Smart Money address 0x69b...0e37 has resumed accumulating ETH after a two-week pause. 10 hours ago, the address withdrew 1,139 ETH from Binance—valued at roughly $3.5 million—with an average withdrawal price of $3,071.68. Notably, the same address previously netted $807,000 in profit from an ETH scam between December 28, 2024, and January 6, 2025.

January 10: According to Bitget market data, the three major U.S. stock indexes closed higher collectively. The Dow Jones Industrial Average (Dow) hit a new intraday high, closing 0.48% higher; the S&P 500 rose 0.65%; and the Nasdaq Composite gained 0.81%. Cryptocurrency-related stocks mostly declined, with the following performance: - Coinbase (COIN): -1.96% - Circle (CRCL): +2.78% - MicroStrategy (MSTR): -5.77% - Bullish (BLSH): -2.29% - Gemini (GEMI): -4.51% - Bitmine (BMNR): -3.9% - SharpLink Gaming (SBET): -2.53% - Bit Digital (BTBT): -0.9% - ETHZilla (ETHZ): -2.05% - BTCS Inc (BTCS): -0.69% - ALT5 Sigma (ALTS): -4.17% - American Bitcoin (ABTC): -4.19% - Kindly MD (NAKA): -4.04%