Ethereum founder Vitalik Buterin said on Jan. 19 the ecosystem needs more high-quality DAOs to address inefficiencies and capture risks in current token voting mechanisms as the network scales from base layer to applications, BlockBeats reports. He highlighted DAOs' critical role in oracles, on-chain dispute resolution, list maintenance, and project operations, introducing a distinction between "convex" and "concave" problems to guide decision-making design. Buterin added that achieving these goals requires solving privacy and decision fatigue, warning that without privacy protections, governance risks devolving into social gamesmanship.

Ethereum needs to stay above $3,085 to preserve its bullish setup on the daily chart, with that level identified as the support that must hold for the prevailing pattern to remain in place, analyst @alicharts said in comments carried by BlockBeats on Jan. 19. Price action continues to consolidate within a triangle on the daily timeframe, while daily active addresses have doubled over the past two weeks to more than 800,000, a sign that network participation has resumed its rise. Recent Ethereum ETF buying has been most concentrated between $3,119 and $2,772, a key support area for the market. If Ethereum maintains the $3,085 support and then clears the $3,400 resistance, the resulting breakout could open a path toward $3,660, with a subsequent move toward $4,000 also possible if those technical conditions are met, @alicharts said.

A whale closed a short position on 6755 ETH at 10:23 on Jan. 19, booking $241,000 in profit, Hyperinsight data show. The account currently shows a floating loss of $32,000. The address favors high leverage with major coin positions at 20-40x and monthly returns of $520,000.

Address 0x4bD withdrew 404,000 LINK from Coinbase on Jan. 19, worth approximately $5.55 million, The Data Nerd data show. Over the past four months, the address has accumulated 3.32 million LINK at an average price of $15.56, totaling about $51.62 million.

Address 0x880a, known as "0M Swing Hunter," increased its ETH and HYPE short positions within the past hour, with unrealized gains reaching $7.01 million, Hyperinsight data show. The address is associated with an aggressive trading style that frequently uses high leverage for short-term trades. The trader has generated cumulative profits of $100 million over its full trading history.

Centralized exchanges recorded a net outflow of 44,000 Ethereum over the past 24 hours, according to Coinglass. OKX led withdrawals with about 21,900 ETH, followed by Binance at 17,800 ETH and Gate with 3,871 ETH. In contrast, Kraken posted the largest inflow at roughly 2,086 ETH, highlighting shifting Ethereum liquidity across major platforms.

A whale that previously netted $96.67 million from ETH swing trades sold 10,000 ETH at an average price of $3,321 on Jan. 19, netting $1.51 million in profit, EmberCN data show. The sale, valued at $33.21 million, was executed before a market decline. The address had bought the 10,000 ETH 11 days earlier at $3,170 after an initial failed attempt to open a long BTC position.

Address Ci8jH5 deposited 20,466 SOL to Kraken about 1 hour ago amid a SOL price drop, lookonchain said on Jan. 19. The holder had withdrawn 20,000 SOL from Kraken five months ago and staked it, earning 466 SOL in rewards.

A newly created wallet withdrew 10,057 ETH, worth about $33.68 million, from Binance before staking the funds on Lido and using the resulting stETH as collateral on Aave, according to on-chain data compiled by Lookonchain. The wallet then borrowed 45 million USDT on Aave and used the proceeds to acquire additional stETH, the data shows.