A Whale Goes Short on ETH with 25x Leverage, Total Position Exceeds $8.5M
On January 20, per Hyperinsight monitoring (Telegram: @HyperInsight), a whale opened a 2,750 ETH short position at 15:15 with 25x leverage. The average entry price was $3,117.64, putting the total position value at approximately $8.59 million.
As of now, the position holds a floating loss of $24,000.
This address exhibits aggressive trading behavior, excelling at capitalizing on short-term market volatility through active fund management.
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BofA January Survey: Global Investors' Optimism Surges to Highest Level Since July 2001, Bull-Bear Indicator Jumps to "Extreme Greed" Territory
**Jan. 20: Bank of America’s January Fund Manager Survey**
Global investor optimism has hit a fresh high not seen since July 2021, as global growth expectations have jumped sharply. Cash allocations have fallen to a historic low of 3.2%, while protections against market pullbacks are at their lowest level since January 2018. The Bull-Bear gauge has surged to 9.4, entering the “extremely bullish” territory.
The survey recommends boosting risk hedges and safe-haven asset allocations. Geopolitical tensions have emerged as the top tail risk for the first time since October 2024, with AI bubble risk ranking second.
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Trump May Announce New Fed Chair by End of January, U.S. May Not Take EU Trade War Threat Seriously
On January 20, U.S. Treasury Secretary Bassett expressed doubt the EU will quickly take a tough stance against Trump’s “Greenland Tariffs.”
He predicted the bloc would likely form a so-called “dreadful European working group” rather than act immediately. Bassett noted the 27-member bloc’s slow decision-making would block it from mounting an effective counterattack or quickly deploying its most powerful trade tool: the so-called “counter-coercion instrument.”
Speaking to a small group of reporters at the World Economic Forum in Davos, Switzerland, Bassett quipped: “I think they’ll first form that ‘dreadful European working group’—it seems to be their most powerful weapon.” His comments signal Washington doesn’t take seriously the chance the EU will deploy its strongest trade tool, which can restrict U.S. firms’ access to the EU single market once activated.
On other matters, Bassett said the next Federal Reserve Chair won’t likely be named during Trump’s trip to Switzerland. “I
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Hong Kong Cryptocurrency Asset Management New Regulation Faces Industry Resistance, Association Warns 'Not Global, Then Local' License Requirement Could Stifle Innovation
**January 20 – A Hong Kong securities industry association has raised concerns about the city’s proposed regulatory framework for digital asset management, warning the reforms could discourage traditional asset management firms from entering the cryptocurrency space.**
The Hong Kong Securities and Futures Professionals Association (HKSFPA) submitted a comment letter to regulators on Tuesday opposing a proposed adjustment that would eliminate the existing “minimum exemption threshold” for Type 9 asset management firms. Under current rules, firms holding a Type 9 license (covering discretionary investment portfolio management and asset management services) only need to report to regulators if they allocate less than 10% of their total fund assets to crypto assets—no additional license upgrade required, per a report from local law firm King & Wood Mallesons.
The HKSFPA noted the proposed reform would scrap this threshold, meaning even a 1% allocation to Bitcoin would force firms to
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An address engaged in a short ladder attack during the recent 5-day downtrend, currently enjoying an unrealized gain of nearly $7 million.
On-chain data analyst Yu Jin noted on January 20th that a 0xD83-prefixed address has steadily ramped up its short positions over the past five days of the bear market, growing a $3 million principal into $10 million.
As BTC and ETH continued to slide, the address added to its shorts this morning and kept profiting. One hour ago, it used unrealized gains to expand its BTC short position, pushing its total short value to $250 million.
Position details:
- 1,640 BTC shorted ($150 million), entry price $92,120, liquidation price $94,401, unrealized gain $2.04 million
- 31,093 ETH shorted ($100 million), entry price $3,270, liquidation price $3,296, unrealized gain $4.77 million
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