Who is manipulating the 'Binance withdrawal wave'? A crypto scam that is a fake rights protection and real harvesting has surfaced.
Author: ChainThink
User X: @cryptobraveHQ
Just now, a tweet from crypto KOL 'Crypto Fearless' exposed the details behind the previous 'Binance FUD', 'closing accounts', and 'initiating withdrawal movements'. The tweet indicated that the large amount of public opinion surrounding Binance that had been brewing was not just spontaneous emotion, but possibly coordinated operation by a group of matrix accounts that ultimately directed traffic towards the cryptocurrency scam.
Let's first take a look at how this typical manipulation and harvesting is achieved?
1. Purchase an account with an existing fan base
The related accounts are not starting from scratch, but more like purchasing an old account that already has a certain fan base, then rebranding its identity, changing the avatar, changing the name, and changing the narrative direction. The benefit of doing this is:
Daily Crypto Hotspots 2.26: Tariff Black Swan Hits 'Golden Deep V', Wall Street Giants are Bloodthirsty for Bottom Fishing!
Author: ChainThink Strategy Research Institute
1. Market Overview
Overview of today's market logic:
Currently, the global digital asset market is in a stage of extreme fear and bottom building coexisting, with an overall bullish direction (bullish in the medium to long term, short-term technical rebound has started, but macro suppression must be watched out for).
Main reasons for bullish sentiment:
·Extreme overselling signal is strong: the Fear and Greed Index remains at 16, retail selling is exhausted; on-chain indicators like Entity-Adjusted SOPR have dropped to 0.867 (average loss exceeds 13%), MVRV Z-Score compressed to around 0.33, indicating that prices are close to the network construction cost, leaving limited downward space, long-term holders and institutions are accumulating on the left side.
ChainThink news reports that Bitcoin has risen for 11 consecutive years during the Spring Festival since 2015, with the largest increases in 2017 and 2018, at 21.3% and 38.5% respectively;
Since 2011, data shows that in 15 years during the Spring Festival, there have been increases in 14 years, with a probability of increase of 93.3%;
ChainThink reminds that historical data does not represent future trends, and rational judgment is necessary.
ChainThink message, on January 28, Jensen Huang, founder and CEO of Nvidia, appeared at Nvidia Semiconductor (Shenzhen) Co., Ltd. in Nanshan District, Shenzhen; after a morning of closed-door meetings, at 12 noon, Jensen Huang left the office to continue his 2026 trip to China.
ChainThink message, on January 22, an X account claiming to be "$Hacker" tweeted, stating that they have carried out a "virus injection attack" on Four.meme, claiming this is their first practical deployment of a new type of virus; according to community feedback, currently all interfaces of Four.meme are non-functional, with login, images, buying and selling, searching, leaderboard, token information and other pages unresponsive; the attacker threatens to continue the attacks and calls on users to take screenshots for preservation. Four.meme's official response is still pending, waiting for further developments.
ChainThink message, January 22, on-chain address monitoring, Sun Yuchen's associated financial company Tron Inc transferred 18 million USDT to HTX. Tron Inc is a publicly listed company on NASDAQ and is currently converting to TRX reserves, making it the publicly listed company with the most TRX globally;
This transfer to HTX, according to market analysis, has two possible implications: one is preparing to participate in liquidity (market making/supporting market depth), and the other is preparing to allocate assets at an opportune time (especially for 'undervalued' core assets).
Trove token TGE plunge of over 95% sparks controversy
According to ChainThink, on January 20, after Trove Markets completed its token generation event, its token TROVE plummeted more than 95% within minutes of being listed on Solana, with a fully diluted valuation dropping from approximately $20 million at the time of public offering to less than $1 million, and the liquidity pool rapidly dried up, leading to increased losses for early buyers. Previously, the project temporarily shifted its deployment chain from Hyperliquid to Solana after raising $11.5 million, causing dissatisfaction in the community.
The project team stated that approximately $9.4 million of the raised funds are reserved, only providing partial refunds, which angered participants demanding full refunds. Social media accused the project team of misappropriating funds and transferring money through mixers, while on-chain investigator ZachXBT questioned a $45,000 SOL transaction related to casino deposits. Trove denied the accusations of a 'exit scam', stating that the funds are still there and they will continue to build.
ChainThink message, on January 18, according to Four.meme data, the BNB chain Meme token "1" surged 800 times in four hours, with a market value exceeding ten million dollars;
ChainThink reminds users that Meme coin trading is highly volatile, and investors should be aware of the risks.
ChainThink message, on January 16, in the evening domestic artist Cai Weng Wu Nian Gu posted on Weibo about the Meme coin CA, which has 44,000 followers. The Weibo content, aside from CA, also shared horse year blessings like 'Receiving the God of Wealth in the Year of the Horse, Good Luck is Coming,' and the community began to ferment, but the content has now been deleted, and further observation is needed for specific developments.
The Chinese name of this Meme token is 'God of Wealth in the Year of the Horse,' with a market value exceeding 1.5 million USD. ChainThink reminds that Meme tokens are highly volatile, influenced by emotions, so please pay attention to risk control.
ChainThink news, January 15, as the crypto bill approaches, market sentiment is high. After BTC stabilizes around $95,000 following a pullback, it continues to rise. The nearly two-month wedge consolidation pattern has been broken, with a golden cross of moving averages forming a bullish alignment, and MACD rising—overall, the bullish trend is strong. Key support to watch is $94,500; holding this level maintains a strong bullish stance. If broken, support around $93,000 should be monitored.
However, as long as $93,000 is not breached, the medium-term outlook remains to successively challenge the $100,000, $105,000, and $110,000 levels. A break below $93,000 invalidates the medium-term bullish signal. (AI analysis, not investment advice, valid for 1-3 days)
ChainThink message, the Zama FHE project auction is about to begin. Originally scheduled for January 12-15, it has now been rescheduled to January 21-24, 2026 (UTC), with 10% of the supply being sold. Bidding will be fully encrypted and confidential throughout. OG NFT holders receive a 5% bonus. The auction will be opened uniformly after February 2.
The protocol has been launched on mainnet, supporting FHE-encrypted smart contracts, with funding exceeding $130 million, and the privacy sector continues to be highly active.
ChainThink news, January 11, affected by He Yi's retweet, BNBChain official purchase of the 'Binance Life' and 'I'm Here' Meme spot tokens caused a general rise in Chinese Meme tokens on the BNB Chain, where the market cap of 'Binance Life' broke through $180 million, up 28% in 24 hours. Other popular Chinese Meme tokens performed as follows:
'My God, I'm Here' market cap is now $40 million, up 74% in 24 hours;
'Life K-line' market cap is now $27 million, up 764% in 24 hours;
'Old Man' market cap is now $10 million, up 119% in 24 hours;
ChainThink News, January 10, according to GMGN market data, the Chinese Meme coin "K-Line of Life" briefly broke through $10 million in market capitalization, reaching a new all-time high, currently at $92.51 million, with a 24-hour increase of 227%.
ChainThink Note: Meme coin trading is highly volatile, often driven by market sentiment and hype, with little to no actual value or use case. Investors should be aware of the risks.
ChainThink news, January 9, He Yi paid attention to the X account of Sakura, the founder of "Life K-line", in the early morning, and received attention from Binance Wallet personnel; whether there will be further developments still needs further observation.
However, the "Life K-line" token on the BSC chain surged 291% in 24 hours, exceeding a market cap of $3 million. ChainThink warns that MEME tokens are highly volatile, and risk management should be taken seriously.