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A new wallet withdrew 1.2 million PENDLE from Binance, worth approximately 2.25 million US dollars

2 hours ago

On January 27th, Onchain Lens monitoring data shows a newly created wallet withdrew 1.2 million PENDLE tokens (valued at $2.25 million) from Binance.
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Bloomberg Dollar Spot Index Falls to Lowest Since March 2022

On January 27, the Bloomberg Dollar Spot Index dropped to its lowest level since March 2022.

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「Strategy Opponent」 has closed all of its ETH short positions and currently holds a $8.75 million USD short position in DASH

**Jan. 27: Strategy Whales Liquidate All ETH Shorts, Hold $8.75M DASH Short** Per monitoring from HyperInsight, the "Strategy Whales" have liquidated all 1,845 ETH short positions—valued at roughly $5.36 million. The entity currently holds an $8.75 million short position in DASH, with an unrealized profit of $1.54 million. The address began building positions in December 2023 with an initial account size of ~$20 million, gradually adding short positions in major cryptos like BTC and ETH. Its trading direction ran counter to MicroStrategy—the publicly traded firm consistently buying BTC—leading the market to label it a clear "on-chain rival." The entity has frequently flipped positions multiple times and previously held positions worth billions of dollars.

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Standard Chartered Bank: Stablecoins Pose a Material Threat to Bank Deposits

**Flash News: Jan 27 – Standard Chartered Analyst Flags Stablecoin Risk to Global, U.S. Bank Deposits** Global Head of Digital Asset Research Geoff Kendrick at Standard Chartered said in a report Friday (Jan 27) that stablecoins present a real risk to global and U.S. bank deposits. Kendrick noted the delay of the U.S. CLARITY Act underscores stablecoins’ threat to banks. He estimates U.S. bank deposits will shrink as stablecoin market cap grows, with the decline representing a percentage of stablecoin market value. U.S. regional banks are poised to bear the brunt of the impact, while investment banks will see the least effect, per the report. Notably, the report found only 0.02% of Tether’s reserves and 14.5% of Circle’s reserves are held in bank deposits, indicating an extremely low rehypothecation ratio.

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The Bitcoin-to-Silver exchange rate has dropped to around 780, nearing the November 2022 level where Bitcoin was at the bottom of its range.

January 27th (CoinDesk) — The Bitcoin-to-silver exchange rate currently sits around 780, already below the peak seen when Bitcoin hit $20,000 in 2017 and near the ~700 level from November 2022 (when Bitcoin bottomed around $15,500). This renewed convergence signals silver may be entering a more fragile phase relative to Bitcoin. Historically, silver’s cyclical tops tend to cluster in the early months of each year—mostly in the first half. This pattern flags a potential risk for silver’s current price trend: if history repeats, silver may have already hit this cycle’s peak, with odds it has topped out.

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A certain 1inch investor/team's address conducted a 14 million 1INCH token sell-off causing a 7% drop in 1INCH price

On-chain analyst Wu Jinyu’s monitoring shows that as of January 27th, a 1inch investor/team address has just liquidated 14 million 1INCH tokens (valued at $1.83 million), triggering a 7% drop in 1INCH’s price — from $0.1385 to $0.129. This address received 15 million 1INCH via a vested unlock one year ago: 1 million was sold seven months ago at $0.17, while the remaining 14 million was just liquidated at $0.13.

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Binance Wallet's Fifth Pre-TGE to Feature Zama (ZAMA)

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