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「On-chain Part-time Shareholder」 Whale Liquidates Long Position in Major Coins, Total Position Reduced by Over $40 Million

2 days ago

On January 14, per HyperInsight monitoring (via its Telegram channel @HyperInsight), the "On-chain Part-time Stock Trader" short whale has reduced its 20x leveraged short positions across ETH, BTC, and SOL over the past hour. The combined position size of the three assets has dropped by ~$3.5 million, with position closures still ongoing as of press time. Compared to last week, the trio’s combined position has fallen from $45.6 million to $14.5 million—BTC shorts have been fully closed. Concurrently, the address continues to add to its 5x leveraged short positions in on-chain gold (PAXG) and XRP. It now holds the largest PAXG short position. Key current positions include: - PAXG Short: ~$13.2M position size, avg price $4,525, ~$320k unrealized loss; - XRP Short: ~$11M position size, avg price $2.088, ~$330k unrealized loss; - ETH Short: ~$7.82M position size, avg price $3,182, ~$350k unrealized loss; Beyond crypto, the address recently opened 18 stock short positions on Hyperliquid, with larger holdings concentrated in ORCL (Oracle), PLTR (Palantir), and AMZN (Amazon). Its total on-chain stock position size is ~$4M. The address’s overall account position size is ~$50M.
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Privacy Coin Sector Token Continues to Surge, Dash Leads

On January 16th, market data shows several privacy coins surged again. As of press time: - Dogecoin: Up 11.6% on the day, currently trading at $92.62 - Shiba Inu: Up 34.4% on the day, currently trading at $2.2 - ZEN: Up 5% on the day, currently trading at $13.07 Note: Dogecoin and Shiba Inu are not typically classified as privacy coins, but the above reflects the original data provided.

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BTC Whale Swaps to ETH Again, Moving $38.84M Worth of ETH

January 16 — Per ChainInfo, a crypto whale or institutional investor that converted BTC to ETH two days prior has continued its activity today, swapping 404 BTC (valued at ~$38.84 million) for 11,533 ETH via cross-chain exchange THORChain. Over the past two days, the entity has exchanged a total of 686.1 BTC (~$65.17 million) for 19,631 ETH, with an average ETH purchase price of ~$3,302.

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Binance Wallet's Meme Rush now supports the Flap Protocol

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US publicly traded company DDC Enterprise increases its BTC holdings by 200, bringing the total to 1383 BTC

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Belgium's second-largest bank KBC becomes the country's first bank to offer cryptocurrency trading services to retail customers

January 16 — Per Bitcoin Magazine, Belgium’s second-largest bank KBC Group announced it will offer Bitcoin and Ethereum trading to retail customers via its online investment platform Bolero, making it the first bank in the country to provide such services. The service is set to launch the week of February 16 and will operate under the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. KBC noted it has filed a full notification with regulators to act as a crypto asset service provider. The service will follow an “execution-only” model, meaning customers must make their own trading decisions and pass a risk knowledge and experience test prior to trading. To mitigate fraud and money laundering risks, the platform will use a closed-loop system: customers can only buy and sell crypto on Bolero, cannot transfer assets to external wallets or exchanges, and the bank will provide custody services for their holdings.

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Upgrade Protest, Rial Plunges, Iranian People Madly Hodling

On January 16: Amid ongoing domestic protests and a deepening economic crisis in Iran, Iranian citizens are accelerating Bitcoin withdrawals from exchanges to personal wallets to hedge against inflation and financial censorship risks. Blockchain analytics firm Chainalysis notes that from December 28, 2025—when the protests erupted—to January 8 (during Iran’s internet shutdown), BTC outflows from Iranian domestic exchanges to unknown individual wallets surged significantly. This indicates people are more inclined to directly control their crypto assets amid turmoil. The analysis suggests this behavior is a rational response to the collapse of the Iranian Rial (IRR). Data shows the IRR-to-USD exchange rate has plummeted from around 42 at the end of last year to over 1,050 this week, nearly collapsing purchasing power. Bitcoin—with its decentralization, censorship resistance, and cross-border transferability—is seen as a key tool to combat currency devaluation and political uncert

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