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「Air Force One」 once again registered an $83 million net settlement, claiming the top spot across all platforms, before executing a $49 million long position in BTC.

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As of January 28th, data from HyperInsight (via their Telegram channel) and Coinglass shows Bitcoin (BTC) and Ethereum (ETH) surged sharply in short-term trading starting at 4 a.m. ET today. Over the past 24 hours, short liquidations for both tokens on the Hyperliquid platform exceeded 80% of total liquidations—with BTC shorts making up 55% and ETH shorts 32% of the total scale. **Key Whale Liquidation Update** The network’s largest single liquidation in the past 24 hours came from the so-called "Air Force Commander" whale (address: 0xd83...), which took another massive hit at 4:09 a.m. ET today: - 40x leveraged BTC short: 2,534 BTC liquidated (~$22.55M total). The biggest single chunk hit at ~$88,600, totaling $13.25M (network’s top single liquidation in 24h). - 25x leveraged ETH short: ~18,980 ETH liquidated (~$56.94M total). Largest single slice hit at ~$2,989, totaling $11.35M. Post-liquidation, the whale quickly flipped its position: it opened a 40x leveraged BTC long worth $49M, with an average entry price of $89,400 and a liquidation threshold of $88,290. **Whale Background** This address has long been a top short seller across multiple crypto assets, at one point holding nearly $500M in total positions and rolling over positions repeatedly. Recently, it’s faced back-to-back massive liquidations: ~$199M on Jan 22nd and ~$120M on Jan 26th.
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USD1 Transaction Battle Result: EGL1, memes, "One" emerged victorious, BNB Chain Foundation has injected $100,000 liquidity

On January 28, per GMGN monitoring, the BNB Chain “USD1 Trading Competition” concluded on the 25th, with winners officially announced at 9 a.m. yesterday. The top three winners are meme coin EGL1, memes, and “One.” Under competition rules, the BNB Chain Foundation has injected approximately $33,333 in liquidity into each of the three winning tokens, totaling $100,000. However, the additional $150,000 in co-investment promised by WLFI has not appeared on-chain or via official channels. Following the winner announcement and the Foundation’s purchases, related tokens saw a brief uptick before a sharp short-term drop, with only a limited overall gain in the past 24 hours. Notably, “One” is not yet listed on Binance Alpha and has relatively weak liquidity. Details are below: EGL1: 24h change -0.09%, current market cap ~$40.34 million, current price ~$0.04; 1 seconds ago

Vitalik: The current prediction market lacks social significance, and individuals have bet against the market during FOMO to make money.

**January 28th — Ethereum co-founder Vitalik Buterin told Forsight News in an interview that Polymarket’s most hyped markets right now focus on short-term bets: “Which team will win next week?” or “Will Bitcoin’s price rise or fall in one hour?” These wagers have little long-term social significance, he noted. While prediction markets are a successful tool in theory, Buterin argued we need more meaningful use cases.** **Buterin also shared his personal experience: last year, he turned $440,000 in principal into $710,000 on Polymarket (netting $70,000 in profits). His strategy? Target markets in “mania mode” and bet that “crazy things won’t happen.” When market sentiment hits irrational “mania mode,” betting against the hype usually pays off, he explained.**

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HYPE Short-Term Breaks $34, 24h Change 27.6%

On January 28th, market data shows HYPE has continued to rally, briefly surging past $34. It’s currently trading at $33.9, with a 24-hour price gain of 27.6% and a 24-hour trading volume of $2.1 billion.

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“Pal” Huang Lizheng Increases ETH Long Position by About $7.35 Million, Bringing Position Size to $15 Million

January 28th — Per monitoring from HyperInsight (https://t.me/HyperInsight), "Buddy" Huang Licheng deposited ~$225,000 into Hyperliquid overnight and this morning. He has since added to positions using those funds plus unrealized profits, accumulating 2,450 ETH long positions worth ~$7.35 million today. Following this move, his 25x-leveraged ETH long position has jumped from 2,800 to 5,250 ETH (valued at ~$15.77 million). He currently holds ~$300,000 in unrealized profits (49% gain), with an average entry price of $2,944.71 and a liquidation price of $2,716.71. The trader previously profited from blue-chip NFT trades but has seen significant drawdowns since becoming active in October this year, shrinking his account size from over $100 million.

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「Silver Wolverine」 Sees the Light, Closes Short Position with a $4.79 Million Loss, Enters Long ETH Position

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A whale withdrew 3 million U from Lighter and deposited it into Hyperliquid to buy HYPE.

On January 28, per Onchain Lens monitoring data, a crypto whale known as "Einstein" withdrew 3 million USDC from Lighter, deposited the funds into HyperLiquid, and purchased 90,780 HYPE tokens at a price of $33.05 apiece.

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