According to on-chain analyst Ai Yi, an address (0xd45...FB20) that previously profited $98.18 million from ETH trading has sold for the first time since establishing its position on January 12th. Three hours ago, this address deposited 10,000 stETH (worth $30.12 million) into Wintermute and subsequently received 30.03 million USDC. This address has recently accumulated 70,013 ETH at an average cost of approximately $2,907, and this sale resulted in a profit of $1.039 million. Currently, the address still holds 60,013 ETH with a floating profit of $7.243 million, bringing its total ETH trading profit to $99.22 million.

According to GMGN data, the market capitalization of Base ecosystem's Meme coin CLAWD briefly reached $26 million, and is currently trading at $23.89 million, representing a daily increase of approximately 870%. Odaily reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.

In their latest report, "Charting Crypto: Q1 2026," Coinbase's institutional research division and on-chain analytics firm Glassnode noted that Bitcoin is exhibiting more stable and resilient market characteristics. The report argues that the Q4 2025 correction has largely cleared excess leverage from the market, reducing Bitcoin's sensitivity to cascading liquidations and making it more resilient to macroeconomic shocks. The report states that the current market is not a return to a high-leverage speculative cycle, but rather a gradual shift towards a "macroeconomically sensitive asset," with its price more influenced by global liquidity, institutional positioning, and portfolio rebalancing. Unlike previous cycles dominated by retail momentum and high-leverage trading, the current market structure is more restrained, with institutional investors favoring defensive allocations. Researchers point out that the crypto market will be healthier overall entering 2026, with a relatively stable macroeconomic environment and supportive monetary policy expectations. The report also mentions that Coinbase's self-built global M2 money supply index historically leads Bitcoin prices by approximately 110 days, and this indicator remains positively correlated in the current quarter, suggesting short-term support for Bitcoin, although subsequent liquidity growth may slow. Furthermore, the report shows that open interest in Bitcoin options has surpassed that of perpetual contracts, indicating that investors are more inclined to purchase downside protection rather than continue leveraging to bet on directional market movements, reflecting a more cautious market risk appetite. (Decrypt)

According to on-chain analyst Ember, after ETH rebounded to $3,000, Trend Research borrowed $80 million USDT from Aave and transferred it to Binance in the last two hours.

The launch of the US CFTC's "Future Preventive Plan" marks a new era in global encryption regulation, moving from "passive enforcement" to "proactive regulation."

South Dakota Representative Logan Manhart reintroduced the Bitcoin Reserve Bill HB 1155 in the state legislature on Tuesday. The bill is largely consistent with its 2025 version, which was shelved, with only minor revisions. The bill proposes amending state law to allow the South Dakota Investment Board to allocate up to 10% of its public funds to Bitcoin. Manhart posted on the X platform, "Strong money, strong state." If the bill passes the legislature and is signed by the governor, South Dakota will join the few U.S. states that allow state-level investment or holding of Bitcoin. Currently, only Texas, Arizona, and New Hampshire have passed similar legislation, and other states are proposing similar proposals. (Cointelegraph)

According to Onchain Lens monitoring, as the market rebounded, the "1011 insider whale" further increased its 5x ETH long position. Currently, this address's main holdings include: 212,726 ETH, worth approximately $643 million; 511,612.85 SOL, worth approximately $66 million; and 572.71 BTC, worth approximately $51.09 million. Despite the continued increase in holdings, the whale is still in a floating loss state, with current unrealized losses of approximately $29.79 million, and has already paid over $8 million in funding fees.

In a recent article, BitMEX co-founder Arthur Hayes analyzed that the recent continuous depreciation of the yen and the decline in Japanese government bond prices are causing "unusual noises" in global financial markets. He believes that the Federal Reserve and the US Treasury may be forced to join forces to directly intervene in the yen exchange rate and the Japanese government bond market by expanding their balance sheets, thereby injecting new liquidity into the global fiat currency system. Hayes speculated that potential pathways might include: the New York Fed creating dollar reserves, instructing primary dealers such as JPMorgan Chase to sell dollars and buy yen in the foreign exchange market to support the exchange rate, and allocating some funds to Japanese government bonds to suppress yields. This move would increase the size of "foreign currency-denominated assets" on the Fed's balance sheet, essentially equivalent to absorbing the risks of the yen exchange rate and Japanese government bond interest rates through "money printing." He pointed out that the core objective of such operations is to stabilize the yen, curb the rise in Japanese government bond yields, prevent Japanese funds from massively selling US Treasury bonds and flowing back to Japan, thereby avoiding an uncontrolled rise in US Treasury yields and, to some extent, enhancing the competitiveness of US exports. At the same time, global dollar liquidity will increase accordingly, and the exchange rates of currencies such as the euro and the renminbi may also passively strengthen. Arthur Hayes emphasized that this "disguised quantitative easing"—not traditional QE—may ultimately be a medium- to long-term positive for risk assets, including Bitcoin. Regarding trading, he stated that a rapid strengthening of the yen is usually a signal of pressure on risk assets; therefore, he will not rashly increase his risk exposure before confirming that the Federal Reserve has officially intervened in the yen and Japanese government bond markets through quantitative easing. He revealed that he has temporarily closed positions in highly leveraged Bitcoin-related assets such as Strategy and Metaplanet; if his assessment is verified, he will re-enter the market. While awaiting policy clarity, his fund, Maelstrom, continues to increase its holdings of Zcash, while maintaining its positions in other high-quality DeFi tokens; once the Federal Reserve confirms quantitative easing intervention, he will consider increasing his holdings in DeFi assets such as ENA, ETHFI, Pendle, and LDO.

A substantial transfer of Ethereum has been reported. According to ChainCatcher, at 07:57, a total of 3,310.07 ETH was moved from an anonymous address starting with 0xd8bC to another anonymous address beginning with 0xc17a. The transaction highlights ongoing activity within the cryptocurrency space, where large transfers between unidentified parties are not uncommon.

The U.S. Attorney's Office for the Central District of California issued a statement saying that a suspect involved in a large-scale cryptocurrency money laundering operation has been sentenced. Jingliang Su, a 45-year-old Chinese national, was sentenced to nearly four years in prison by a U.S. federal court on Tuesday for his involvement in laundering nearly $37 million in illicit digital assets and was ordered to pay more than $26 million in restitution. Prosecutors stated that Su was a member of a transnational criminal network that contacted U.S. victims via text message, phone calls, and online dating platforms, inducing them to participate in fraudulent cryptocurrency investments. Victims were directed to websites mimicking legitimate trading platforms and falsely told that their investments were continuously profitable, while their actual funds were transferred and embezzled. Investigations revealed that the funds were laundered through U.S. shell companies, digital asset wallets, and international bank accounts, with approximately $36.9 million ultimately being transferred to an account at Deltec Bank in the Bahamas and converted into USDT. Subsequently, accomplices in Cambodia transferred the USDT to the masterminds behind the regional fraud. The U.S. government has identified at least 174 U.S. victims. Su Jingliang had previously pleaded guilty in June to one count of "conspiracy to operate an illegal money transfer business." Eight people involved in the case have now pleaded guilty, including another suspect who has been sentenced to more than four years in prison. (The Block)

In its latest blog post, crypto asset management firm Bitwise stated that with the U.S. Digital Asset Markets Clarity Act stalled in Congress, the crypto industry is facing a critical juncture, and the short-term trend may shift from a speculative bull market to a more challenging "results-driven" phase. Bitwise's Chief Investment Officer, Matt Hougan, pointed out that the Clarity Act is crucial to solidifying the current relatively favorable crypto regulatory environment into a long-term legal framework. Without clear federal legislation, the crypto industry will remain exposed to the risk of future government policy shifts. Recently, market expectations for the bill's passage have cooled significantly, with the probability on Polymarket falling from approximately 80% at the beginning of the year to around 50%. Coinbase CEO Brian Armstrong also publicly stated that he has withdrawn his support for the bill because the existing draft could harm consumer interests and stifle competition. Hougan believes that if legislation continues to stall, the crypto industry may need to emulate disruptive companies like Uber and Airbnb, which grew in a regulatory gray area, and make stablecoins and tokenized assets an "indispensable" infrastructure of the U.S. economy within the next three years. If successful, regulators will eventually be forced to follow suit; if large-scale implementation fails, future political changes could severely impact the industry. In terms of market impact, Bitwise predicts two possible paths: if the CLARITY bill passes in a viable version, the market may quickly factor in the anticipated expansion of blockchain finance, driving a significant price increase; conversely, if legislation fails, the market may enter a wait-and-see period, with valuations suppressed by regulatory uncertainty, and returns more dependent on real-world application implementation. Wall Street firm Benchmark also points out that legislative setbacks will delay, rather than end, the maturation process of the crypto industry. The US market may remain below its potential for some time, with funds favoring Bitcoin-related exposure, robust balance sheets, and cash flow infrastructure, while remaining cautious about regulatory-sensitive areas such as exchanges, DeFi, and altcoins. (CoinDesk)

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2950, ​​providing you with the latest and fastest news on the digital currency and blockchain industry.

Performance, capital flows, risk aversion rotation, and structural progress against a turbulent macroeconomic backdrop.

It's about how to get one of the world's largest lending markets on a more robust track.

In late January, Vietnam's Ministry of Finance officially launched a pilot program for licensing cryptocurrency trading platforms, marking a shift in its cryptocurrency market from a "gray area" to clear regulation.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

This guide covers 8 leading decentralized exchanges offering perpetual contracts with valid points programs that are worth participating in, and shares proven mining strategies and tools. Get ready to start now.

Why would the largest welfare fraud case in U.S. history and the Minnesota riots affect whether the government shuts down?

Unveiling the five life cycles of the internet capital market: from the humble beginnings of anonymous Meme coins to the tokenization of traditional financial instruments on Wall Street, and how the value of token financing flows from the platform to the asset itself.

Whether it's spot trading, futures trading, or on-chain data, the market is shifting to a defensive mode.