Crypto Fear & Greed Index Drops to 25, Entering "Extreme Fear" Again

On January 10, per market data from GMGN (link: https://t.me/gmgnaibot?start=i_m4TE56o8), the Chinese meme token “I’ve Arrived on a Horse” briefly hit a new all-time high, with its market cap topping $29 million. It has since retraced to $26.25 million, posting a 143% 24-hour gain. BlockBeats Note: Meme coins are extremely volatile, driven primarily by market sentiment and hype—they lack tangible practical value or real-world use cases. Investors should exercise caution and be fully aware of the associated risks.

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