Ethereum long positions on major centralized exchanges face potential aggregate liquidation of $920M if ETH falls below $3,200, Coinglass data cited by BlockBeats show. The data indicate cumulative short liquidations on leading CEXs could reach $985M if Ethereum breaks above $3,400. Liquidation charts display the relative significance of each cluster rather than exact contract values, with higher bars representing stronger expected reactions at those price levels due to liquidity waves.

Tom Lee, chairman of BitMine and co-founder of Fundstrat, told a BitMine shareholder meeting on Jan. 17 that Ethereum is positioned at the core of a new wave of financial infrastructure, with 2026 potentially marking a breakout year as tokenization of real-world assets and broader institutional adoption accelerate. Standard Chartered projects ETH could reach $12,000 in 2026, under which Lee said BitMine's theoretical share price would be around $500 based on historical correlation. BitMine currently holds about 4.2 million ETH and roughly $1 billion in cash, projected to generate $402 million to $433 million in pre-tax income under current conditions, rising to an estimated $2 billion to $2.2 billion if ETH hits $12,000 and the company controls around 5% of total ETH supply.

A newly created address withdrew 76,661 ZEC from Binance on January 17, Onchain Lens data show. The withdrawal, valued at approximately $31.65 million, was recorded on-chain.

On Jan. 17, a whale transferred $7.9M USDC from two addresses into HyperLiquid to open long positions in ETH and ADA, on-chain data show. Address 0x8Fc placed buy orders for ETH at $3,267.2-$3,275.7 and ADA at $0.3851-$0.3888. Address 0xCe8 submitted ETH buy orders between $3,267.3 and $3,273.5.

The address known as "BTC OG Insider Whale" increased its ETH long position to $736 million on Jan. 16, after a one-month gap, BlockBeats reports citing AI Yi. The position grew by 100,000 ETH over the past 10 minutes, with unrealized profit of approximately $32.5 million.

Perp DEX protocol RollX launched its ROLL token on the Base network and opened the first phase of its genesis airdrop on Jan. 16, BlockBeats reports. The airdrop allocated 180 million ROLL to eligible Trade & LP points holders from Seasons S1, S2 and S3, as well as contributors to activities involving Binance Wallet, Bitlayer, Galxe and others, with claims starting at 19:00 on Jan. 16 and an initial unlock deadline set for Jan. 26. The genesis airdrop and most campaign rewards unlock 25% at TGE, with the remaining 75% released linearly on a monthly basis over six months, while rewards from Galxe campaigns and the RollOnchain flash campaign unlock 100% at TGE.

XRP became the highest-volume digital asset on Upbit, South Korea's largest crypto trading platform, with cumulative trading volume exceeding $1 trillion on Jan. 16, BlockBeats reports. On the platform, XRP trading volume surpassed Bitcoin and other top tokens.