Solana's on chain stablecoin market value exceeds $10 billion, setting a new historical high
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BlockBeats News: On January 22nd, according to DefiLlama data, the market value of Solana's on chain stablecoins exceeded $10 billion, reaching $10.183 billion, a historic high, with a growth rate of 69.36% in the past 7 days.
On chain monitoring shows that BitMNR has for the first time deposited 74880 ETH into Ethereum PoS staking, worth approximately $219 million. BitMNR currently holds 4.066 million ETH, and based on the current annualized yield of approximately 3.12%, if all of them are pledged, they can earn approximately 126800 ETH interest per year, worth approximately $371 million. (Ashes)
Bitmine pledged 748800 ETH worth 219.2 million US dollars one hour ago; SharpLink Gaming redeemed 35627 ETH worth $104.4 million 4 hours ago. （Lookonchain）
[Solstice Updates Public Offering Terms, Tokens 100% Unlocked at TGE with Refund Option]
Solstice announced an update to its token public offering terms, stating that public offering tokens will be 100% unlocked at TGE, and users can apply for a full refund within 14 days after the public offering ends. The SLX token issuance plan remains unchanged, with TGE expected in the first quarter of 2026. Previously, due to liquidity being withdrawn, the price of the Solana chain stablecoin USX once dropped to $0.1, but later recovered to $0.94 after Solstice injected liquidity.
[Swing Whale 'pension-usdt.eth' Uses 3x Leverage to Short 20,000 ETH]
On December 27, according to monitoring by Lookonchain, swing whale 'pension-usdt.eth' used 3x leverage this morning to short 20,000 ETH at an entry price of $2,921 and a liquidation price of $4,832. This address frequently engages in short-term swing trading, with an average holding period of around 20 hours, earning approximately $13.87 million over the past 30 days.
[Trader pension-usdt.eth Turns to Shorting After Profiting Over $25 Million]
According to Lookonchain data, trader pension-usdt.eth has shifted from long to short positions after accumulating profits exceeding $25 million. The trader closed their ETH long positions with a profit of $278,000 and is now shorting 20,000 ETH with 3x leverage, totaling approximately $58.44 million in value.