Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

January 27: Per monitoring from HyperInsight (https://t.me/HyperInsight), the address "20 Million Band Hunter" (0x880a) has been steadily cutting its XMR short positions over the past hour. It remains the largest XMR short position on-chain, currently holding a short of 20,725.26 XMR (≈$9.71 million) with 5x leverage. The average entry price is $526.85, and the unrealized profit and loss (PNL) stands at $1.2 million per coin. This address follows an aggressive trading style, specializing in high-leverage short-term trades. It has accumulated a total profit of $104.9 million across its full trading cycle.

**Trump Announces Tariff Hike on South Korea Over Unratified 2025 Trade Deal; Seoul to Send Trade Rep to U.S.** Earlier today, former U.S. President Donald Trump said he will raise reciprocal tariffs on South Korean goods from 15% to 25%, citing the South Korean National Assembly’s failure to ratify a 2025 bilateral trade agreement. Trump noted he and South Korean President Moon Jae-in struck a mutually beneficial deal on July 30, 2025, and reaffirmed the terms during his October 29, 2025 visit to Seoul. “The National Assembly has not passed our historic trade deal—this is within their authority,” he stated. The tariff increase applies to automobiles, lumber, pharmaceuticals, and all other South Korean products. On January 27, South Korea’s Office of the President announced its Trade Representative will travel to the U.S. to meet with the U.S. Trade Representative (USTR) to discuss implementing the trade agreement. Seoul will express its willingness to uphold the tariff agreem

On January 27th, Base co-founder Jesse Pollak stated that the Base core team will not engage in any behind-the-scenes "rug-pulls" of the Base ecosystem token, privately coordinate fund deployments, or actively manipulate asset prices to hit specific goals—actions he noted would actively harm other assets, prove unsustainable long-term, contradict Base’s free and open market values, and likely be illegal. Pollak emphasized Base is and will remain capable of driving distribution and adoption for high-quality assets and apps. He added that Base—and all markets—should be free, open, and fair, and that his responsibility is to ensure this stays true.

Per LookOnChain monitoring on January 27th, the "Silver Head and Shoulders Air Force" whale shorted $45 million worth of silver with 20x leverage on the Hyperliquid platform. The whale recently liquidated 66,900 SILVER contracts, incurring a loss of $823,000. It still holds a short position of 352,000 SILVER contracts, with an unrealized loss of $4.46 million.

Jan 27 – Crypto analyst Ericonomic broke down HYPE’s recent sharp price drop, noting the slide from $45–$50 to ~$20 wasn’t random—it stemmed from three distinct selling pressure sources, all already resolved or nearly exhausted. Most trackers show ~9.9M HYPE tokens unlocking monthly, leading many to assume ~$200M in monthly sell pressure. That assumption is wrong: Unlocking ≠ distribution ≠ selling ≠ open-market selling. On-chain data indicates only 7–10% of initially unlocked HYPE has hit the open market; the rest went to OTC trades and staking. By Q4 2025, HYPE’s derivatives structure was unhealthy, with long positions dominating. Ongoing liquidations wiped out most leveraged long positions; ~$150M in long positions remain, with liquidation levels below $15—but leverage-driven downside pressure has largely dissipated. Sixteen Tornado Cash-linked addresses involved in HYPE funding amassed ~4.4M HYPE tokens at ~$8.8 apiece (worth ~$80M). Starting early January, the group launc

January 27th — On-chain analyst Ai Auntie (@ai_9684xtpa) reports that a group labeled "Ethereum True Diamond Hands" has held ETH for 9 years, netting $384 million with a cost basis as low as $68.32 per ETH. Key details: 13 addresses tied to the same whale/institution withdrew 353,483.67 ETH between March and July 2017, worth $24.15 million then. Some of the ETH was deposited into an exchange 9 years ago, while the remaining 135,283.67 ETH was transferred in batches to Gemini’s deposit address over the past two days. If sold at ~$2,908.2 per ETH, the group would lock in an estimated $384 million profit — a return on investment (ROI) exceeding 4,156%.