On the night of January 24, 2026, in the East 8th time zone, OKX brought the starting point of the "new cycle" to the forefront during the New Year's Eve dinner event. During the gathering, OKX founder and CEO **Star** clearly stated that the platform will take on more industry responsibilities moving forward, promoting cross-chain assets and **RWA on-chain**, upgrading **X Layer** and **OKX Web3 Wallet**, and actively cutting ties with the "get rich quick" narrative, instead betting on compliance and diversified financial services. At this moment,

On January 24, at 8 AM UTC+8, on-chain monitoring data showed that the Ethereum whale address **0xbE3…9A42a**, in a clearly unrealized loss state, deposited **1999 ETH** in one go to a centralized exchange, equivalent to about **$5.928 million** at the time. According to the brief calculation, if this batch of tokens is sold off entirely in the current range, it will incur an additional unrealized loss of about **$1.81 million to $1.815 million**, bringing the historical cumulative total unrealized loss to over **$5.2 million**.

On January 24, 2026, at 8 PM Beijing time, during a ceremonial New Year's Eve dinner event, **OKX Founder and CEO Star** sent a clear signal to the industry through a public speech: in the future, OKX will expand on-chain assets and payment scenarios within the global regulatory framework, treating compliance as a main line rather than a stopgap measure. While emphasizing that those born in the 90s, 95s, and 00s are becoming the main participants in crypto assets, he also reminded the industry to be wary of focusing solely on short-term volatility.

Directly affecting the cryptocurrency market: Meme sector division, interactive separation, and smart asset labeling.

On January 24, at 8:00 AM UTC, the on-chain address **0x565…11e55** purchased approximately **3947.97 ETH** at an average price of about **$2991.91**, with a nominal scale of about **$11.91 million** for a single transaction, quickly becoming a focal point in the market. Accompanying this large entry is a current unrealized loss of about **$135,000**, which amplifies the contrast of this whale's trading operation within the same price range. This article will focus on this transaction and provide further context.

In the Eastern Eight Time Zone this week, the on-chain address **0x565…11e55**, after clearing its previous holdings, has once again established a new position of **3947.97 ETH** at an average price of approximately **2991.91 USD**, with a total investment of about **11.91 million USD**. This visible bet has quickly attracted market attention. According to data from Golden Finance and others, this position currently has an unrealized loss of about **135,000 USD**, with the corresponding price still fluctuating around the **3000 USD** mark, and this range is currently in the previous phase.

On January 24, 2026, at 8:00 AM UTC+8, two Ethereum on-chain whales concentrated their positions near the **$3000** line amid a sharp rise and volatility in ETH prices, attracting significant market attention. One address had just emptied its ETH position on January 22 and quickly "returned to the market," while the other, which had lost approximately **$13.73 million** in just one week last November, chose to heavily invest again at the breakthrough point.

Bitcoin is experiencing a short-term weak fluctuation, with strong resistance at 90500-91000 and key support at 89200-88800. The market is in a weak rebound phase within a downtrend.

From January 22 to January 24, Eastern Standard Time, the cryptocurrency market experienced a structural differentiation in capital flow under the multiple influences of whale trial and error, mining companies adjusting their positions, and upgrades to ETF product lines. On one side, a single whale is facing an unrealized loss of approximately **$135,000** on **3947.97 ETH**, but has made significant profits on tokenized gold such as **XAUT**. On the other side, **Bitdeer** has chosen to cash out while slightly increasing its holdings during the bull market, with a net increase of **2.3 BTC** this week.

On January 24, 2026, **ARK Invest** submitted two applications for cryptocurrency ETFs linked to the **CoinDesk 20 Index** to regulators, stepping into the spotlight of the market. The core design of this move is an **ARK CoinDesk 20 Crypto ETF** that includes Bitcoin, and an **ARK CoinDesk 20 ex-Bitcoin Crypto ETF** that explicitly excludes Bitcoin, both segmented under the same index framework.

On January 24, 2026, at 8:00 AM UTC+8, **ARK Invest** submitted applications for two cryptocurrency ETFs linked to the **CoinDesk 20 Index** to regulatory authorities. One is the Bitcoin-inclusive **ARK CoinDesk 20 Crypto ETF**, and the other is the Bitcoin-excluded **ARK CoinDesk 20 ex-Bitcoin Crypto ETF**. This marks Wall Street's first attempt to package spot assets using a mainstream cryptocurrency index, providing traditional funds with...

On January 24, 2026, several seemingly unrelated events in the crypto world were forcibly pulled into the same time window: **Vitalik Buterin publicly discussed "the complex relationship between institutions and crypto punks"**; the total market value of tokenized gold surpassed **$5 billion**, setting a new record; Moonbirds saw a floor price surge of **16% to approximately 2.458 ETH** in the transition from token issuance to NFT narrative over 7 days; Pi Network announced an update, while a16z C

This week, according to on-chain monitoring data in the East Eight Time Zone, an anonymous whale address has been continuously increasing its position in **Tether Gold (XAUT)** using a circular lending strategy with approximately **$3 million USDe**. This action, combined with the macro backdrop of gold prices hitting **$5,000**, has attracted significant market attention. Currently, the address holds a total of **10,044 XAUT**, which, based on the latest price, translates to a nominal market value of about **$50.2 million**, with an unrealized profit of approximately **$5.07 million**.