Balaji: Physical gold is not the best hedge against a US dollar crisis; Bitcoin has greater anti-seizure properties

**January 30th Whale Rebalancing Trends (10:00 AM – 8:00 PM ET)** *Via HyperInsight monitoring (https://t.me/HyperInsight)* ### Bullish Moves - Whale "Buddy": Closed an ETH long position at a $1.584M loss, then immediately re-entered a new ETH long. - Whale "DASH Biggest Bear": Boosted silver long exposure—went long on $20.53M worth of silver with 20x leverage. ### Bearish Moves - Whale "Long-Term BTC Bear": Placed a BTC limit buy order for the dip, targeting $75,123–$76,228. - Swing whale "pension-usdt.eth": Closed an ETH short position for a $2.721M profit, then reopened an ETH short. - Whale "Lightning Reversal": Closed a BTC short position for a $0.103M profit, then shorted 5,806.6 ETH (25x leverage) at an average entry of $2,744.99. ### Notes on American English Adaptations: 1. **Time clarity**: Added "ET" (Eastern Time) to align with U.S. context; used "AM/PM" instead of 24-hour time. 2. **Conciseness**: Simplified phrases like "immediately went long on

OKX Announces ZAMA Spot Trading Launch, Contract Conversion on Feb 2 Per official updates dated January 30, cryptocurrency exchange OKX will launch ZAMA spot trading and convert pre-open contracts to standard perpetual contracts on February 2, 2026. Key Details: - **ZAMA/USDT Spot Trading**: Goes live at 21:00 UTC+8 on February 2, 2026. - **Pre-Open Contract Conversion**: Occurs within 3 hours starting from 21:00 UTC+8 on the same date. Conversion will be finalized during this window if the underlying index remains stable.

January 30 — Per HyperInsight monitoring data, a whale tied to “Strategy Opponent Trading” closed its Bitcoin (BTC) short position tonight, while rolling over to boost its long positions in Ethereum (ETH) and Solana (SOL). As of press time, the whale’s ETH long position has risen by 6,494.93 coins (equivalent to ~$17.8 million, exact value: $17,799,230.76). Its SOL long position has jumped by 182,507.23 coins (worth ~$21.77 million, exact value: $21,770,570.42). Note: In December, the address significantly ramped up its BTC short position, alongside adding short positions in BTC, ETH, and other mainstream coins. At one juncture, it held a $120 million position and was briefly the largest BTC short whale on Hyperliquid.

Xinhua News Agency reported on January 30th that U.S. President Donald Trump said anyone tapped to be Fed Chair would do a fantastic job. “Powell has done a solid job,” Trump stated. “I personally find him fantastic and have no intention of removing him from his post.”

CryptoQuant analyst MorenoDV broke down Bitcoin’s post-rally analysis using the Adjusted Spent Output Profit Ratio (aSOPR) indicator on January 30. Since the start of 2024, Bitcoin has hit new all-time highs—surging past $100k from around $40k—but the aSOPR tells a starkly different story: it’s formed a clear pattern of lower highs and lower lows. This divergence reveals key investor behavior: each time Bitcoin hits a new price peak, holders are realizing profits earlier and earlier, signaling fading conviction in each rally. MorenoDV noted the market is now at a critical turning point: “The aSOPR has consistently followed a descending channel—touches of the upper boundary line up with local price tops, while hits on the lower boundary match local bottoms.” Right now, Bitcoin is testing the channel’s lower boundary in extreme fear territory, with roughly 1/3 of its total supply in unrealized losses. Historically, this setup (aSOPR below 1.0 + significant unrealized losses) has

Breaking: January 30th — Trump is set to nominate Kevin Wash as Federal Reserve Chair. Traders still price in two Fed rate cuts this year, while U.S. financial firms have shared their monetary policy outlooks: BlueBay Asset Management CIO Mark Dowding noted the market broadly expects Wash to lean dovish, arguing AI-driven productivity gains will keep inflation in check. Futures markets thus continue to forecast two Fed rate cuts this year — aligning with expectations over the past few months. Compared to other potential candidates, Wash is seen as less dovish. He’s widely respected by fellow Fed members, and his appointment would not threaten the central bank’s independence. eToro analyst Lale Akoner pointed out Wash’s impact on the Fed’s balance sheet may outweigh his influence on interest rates. If confirmed, the Fed could speed up balance sheet reduction once conditions permit. This expectation ties to the steepening yield curve and short-term dollar strength — not a signal of