SoSo Daily Jan 2 | A certain ETH whale borrowed over 10 thousand WETH on Aave to sell short.

According to sosovalue, the price of $BTC is 96,731 USD, an increase of 3.47% from yesterday. The market cap of $BTC is 1.92 trillion USD, accounting for 53.8% of the total market cap; $BTC's 24-hour trading volume is 33.29 billion USD, making up 24.4% of the total trading volume.
The price of $ETH is 3,471.5 USD, up 3.91% from yesterday; the market cap of $ETH is 418.23 billion USD, representing 11.8% of the total market cap; $ETH's 24-hour trading volume is 17.88 billion USD, comprising 13.1% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 65.6% of the total cryptocurrency market cap, and their combined trading volumes constitute 37.5% of the total trading volume.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is DeFiChain. As of 11:50 today, its market cap is 26.61M, with a coin price of 0.030880 USD, witnessing a 24-hour increase of 69.9%.
The second is Send. As of 11:50 today, its coin price is 0.10884 USD, with a 24-hour increase of 60.8%.
The third is Data Lake. As of 11:50 today, its coin price is 0.0094644 USD, showing a 24-hour increase of 57.4%.
In fourth place is swarms. As of 11:50 today, its coin price is 0.12463 USD, with a 24-hour rise of 48.7%.
In fifth place is sci-hub. As of 11:50 today, its coin price is 0.020620 USD, increasing by 41.9% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 16 are up and 0 are down. Notably, AI, PayFi, and DePIN sectors are worth mentioning.
AI sector has risen 12.7% relative to the UTC 0 time, led by gains in swarms (62.2%), send (59.8%), and fartcoin (39.4%).
PayFi sector has increased 12.1% relative to UTC 0, with xlm (19%), tel (18.4%), and xno (14.7%) leading the rise.
DePIN sector has risen 10%, with nos (29.9%), IO (19.5%), and GRASS (18.9%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to reports from @ai_9684xtpa, a whale with an 82% win rate in Ethereum swing trading opened a short position by borrowing coins on the Aave protocol two hours ago. This whale pledged 84.46 million USDT to borrow 10,612.59 WETH (approximately 36.19 million USD) and sold all of it on-chain at an average price of 3,384.3 USD.
Next news:Garanti BBVA, a subsidiary of BBVA Bank, announced plans to offer cryptocurrency trading services. This move signals a potential shift in the banking sector towards embracing digital currencies. The announcement was made on February 1, 2019, and reflects the growing interest in cryptocurrency as a financial asset.
Next news:

According to Wu, Binance Alpha has announced a new batch of projects, including TAOCAT on the Base network and swarms and degenai on the Solana network. TAOCAT is the first self-improving AI agent of Bittensor, Swarms is a multi-agent LLM framework, and degenai is the token of the autonomous artificial intelligence agent Degen Spartan AI.

Next news:

According to Wu's report, monitoring by Lookonchain reveals that a whale spent 10 million USDC to purchase 4.25 million $VIRTUAL tokens 19 days ago, and their current value has risen to 21.50 million dollars, resulting in an unrealized profit of 11.50 million dollars.

Next news:

According to Wu, Bithumb, the second-largest cryptocurrency exchange in South Korea, announced that it will add KRW trading pairs for PEAQ and VANA at 4 PM on January 2, 2025. PEAQ is an L1 blockchain primarily designed to serve decentralized physical infrastructure networks (DePINs) and applications built on real-world infrastructure. Vana Network is a decentralized network that grants individuals complete ownership of their data while assisting in the training process of artificial intelligence models.

Next news:Uniswap will release version V4 this year.
Next news:

Celsius Network submitted a notice of appeal on December 31 of last year, contesting Judge John Dorsey's decision to dismiss the agency's $2 billion defamation claim against FTX. The appeal is currently scheduled to be heard by the district court. Previously, Celsius alleged that defamatory statements made by FTX executives, employees, and affiliates had a negative impact on the company's reputation and financial health, reportedly accelerating the company's bankruptcy in July 2022. (CryptoSlate)

Next news:
Next news:

According to Wu's report, Arkham monitoring has revealed that the pump fun: Fee Account transferred approximately 120 thousand SOL to Kraken Deposit at 0:37 UTC+8 today, worth about 22.88 million USD. Currently, pump fun still holds 172 thousand SOL and 101 thousand JITSOL, with a total value of approximately 55.19 million USD.

Next news:

Odaily Planet Daily News: Market data shows that the AI Agent token data analysis platform Cookie DAO's token COOKIE has突破 0.5 USDT, currently priced at 0.5354 USDT, reaching a historical high with a 24-hour increase of 125%, and a market capitalization of 100 million USD.

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.