【January 5 Market News and Data Analysis】
1、
#solana On-chain spot annual trading volume has exceeded
#Binance for all CEXs;
2、Data:
#ETH Stablecoin transfer amount exceeded 800 billion US dollars last quarter, setting a historical record;
3、
#Maduro Collapse "released" 60 billion US dollars in Bitcoin "shadow reserves", reshaping the global market landscape;
4、Viewpoint: The general rebound of meme coins represents an increase in market risk appetite.
Under the operation of the Maduro regime, Venezuela has accumulated about 60 billion US dollars in cryptocurrency reserves, mainly distributed between
#BTC and USDT. Due to the failure of the "petro" experiment, the government began using gold swaps and USDT to settle oil exports since 2018, in order to evade Western sanctions and prevent assets from being frozen. With growing concerns about the risk of freezing USDT, Venezuela is gradually converting USDT into Bitcoin. According to public data statistics, Venezuela held approximately 600,000 to 660,000 Bitcoins by 2026, with a total estimated value between 56 billion and 67 billion US dollars.
After entering 2026, global cryptocurrency market sentiment has shown subtle changes. As the Maduro regime faces trials and political turmoil, its hidden Bitcoin reserves will become a focus of market attention, potentially triggering a reassessment of Bitcoin price support. Meanwhile, market risk appetite has begun to warm up, and the market capitalization of meme coins has achieved a significant rebound in the short term, driving funds to flow between different cryptocurrency assets. If this wave of enthusiasm continues, it may attract some funds back to mainstream assets or further into ecosystems like Solana, which will provide a certain endorsement effect on Bitcoin's price.