Vitalik Buterin: Now is the time to buy more ETH on the dip, with stablecoins going global and decentralized finance being ETH's biggest beneficiary

January 24 — GameStop has transferred all 4,710 Bitcoin holdings to Coinbase Prime, sparking market speculation about a potential sale of its crypto assets. The Bitcoin is currently valued at approximately $422 million. This transfer “likely signals preparation for a sale.” If sold at roughly $90,800 per Bitcoin, GameStop could realize an approximate $76 million book loss. Previously, the company acquired the Bitcoin in batches at an average price of $107,900 per Bitcoin in May of this year. To date, GameStop has not publicly addressed whether it will sell the Bitcoin.

Jan. 24 — The Ethereum Foundation (EF) has made post-quantum security its top strategic priority. The organization announced the launch of a dedicated post-quantum team led by Thomas Coratger, with support from leanVM cryptographer Emile. Researcher Justin Drake noted that Ethereum is shifting from long-term background research to active engineering efforts, including hosting biweekly Post-Quantum Transaction Developer Calls and running a multi-client Post-Quantum Consensus Testnet. The EF is also ramping up funding and community engagement, planning to roll out two $1 million cryptography grants and host multiple post-quantum-focused community events and educational initiatives by 2026. The foundation emphasized that while the quantum threat remains a medium- to long-term risk, blockchains must plan ahead to ensure wallet security and smooth network upgrades.

Per Coinglass data as of January 24th, the total net inflow of ETH across centralized exchanges (CEX) reached 15,600 in the past 24 hours. The top three CEX by ETH inflow are: - Binance: 9,262.76 ETH - Coinbase Pro: 4,557.64 ETH - Bithumb: 4,289.52 ETH Additionally, Gemini led the outflow list with a net outflow of 8,521.05 ETH.

On January 24th, per Farside monitoring, U.S. spot Bitcoin ETFs posted a net outflow of $103.5 million yesterday—marking the fourth straight day of net outflows. Breakdown of outflows includes: - IBIT: $101.6 million net outflow; - FBTC: $1.9 million net outflow;

**January 24 Update** Per AI Auntie’s monitoring, an Ethereum whale—who dollar-cost averaged (DCA) 6,411.4 ETH at $3,873 apiece near last year’s high (and previously bought the dip between $4,479 and $2,813)—has started placing stop-loss orders. Eight hours ago, address 0xbE3…9A42a deposited 1,999 ETH (≈$5.928M) to a trading platform. A full sale would trigger a potential $1.815M loss (tied to the $2,965.70 deposit price per ETH). The whale currently holds 3,803 ETH, with an unrealized loss of $3.457M.

**January 24** The UK Crown Prosecution Service (CPS) has ordered Sen Hok Ling—a key middleman in the Bitcoin fraud case involving Qing Zhimin (also known as Qian Zhimin or Zhang Yadi) and labeled a "professional money launderer"—to pay ￡5 million (approximately $7.6 million) to UK authorities within three months. Failure to comply could result in an additional maximum 8-year prison sentence. CPS notes Ling assisted convicted fraudster Qing Zhimin in transferring funds. Between February and April 2024, Ling received 83.7 Bitcoin (BTC) total and cashed out the proceeds via a United Arab Emirates (UAE) bank account and third-party channels. Ling pleaded guilty to one count of money laundering in November 2025 and was sentenced to four years and 11 months in prison. Qing, meanwhile, received an 11-year, 8-month sentence on two money laundering counts. Additionally, the final disposal of Qing’s 61,000 Bitcoin—Britain’s largest ever cryptocurrency seizure—is still tied up in rela