On January 11th, Tether froze USDT worth over $182 million at five wallet addresses on the Tron blockchain, involving wallet balances ranging from approximately $12 million to $50 million. These freezing actions all occurred on the same day, in accordance with Tether's voluntary wallet freezing policy launched in December 2023, which aims to comply with the U.S. Department of the Treasury's Office of Foreign Assets Control's Specially Designated Nationals List.

On January 12th, Hyperinsight monitoring showed that the giant whale address 0xd47, marked as the "ZEC's largest bear," partially took profits on its short positions in MON, reducing its holdings by approximately 44.75 million MON short positions and cashing out approximately $1.4686 million. After this operation, the size of the MON's short position decreased to $4.4146 million, with a profit of approximately $621200 and a yield of 42.21%. This address is well-known for establishing large short positions on ZEC and currently holds significant short positions on ETH and MON.

After October 10th, STH-SOPR attempted to break above the 1.0 level for the first time this week, and analysts pointed out that this trend may indicate market changes. （CryptoQuant）

On January 12th, there was a suspected rug pull in the Polycule trading bot project based on Polymarket. Last Thursday, the Polymer team stated that they had suffered a hacker attack, which affected $230000 in user funds. They also stated that the bot has been taken offline and the patch and review work will be completed before the weekend. As of the latest update, the damaged users are still unable to withdraw funds, and the team has not released any event updates.

Binance announces the launch of United Stables (U).