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Bithumb to List USDE-KRW Trading Pair

2 hours ago

January 14th: Bithumb to list the USDE/KRW trading pair, per an official announcement.
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The "20 Million Bandit" and the "Shanzhai Air Force Leader" are both bearish on LTC, with each opening a short position of over a million US dollars today.

January 14th — According to monitoring by HyperInsight (via the Telegram channel @HyperInsight), two LTC short positions were active on Hyperliquid, with both accounts increasing their short exposure simultaneously: 1. The "20 Million Whale" added ~2,712.32 LTC (~$209,600) to its LTC short position opened earlier in the day, while adjusting its position. Its average entry price rose to $78.79, with total position size now at $1.2274 million. Current unrealized loss is ~$3,674 (-2.99%). The address has accumulated over $1 million in long positions today and is still adding to its positions as of press time. 2. The well-known bearish whale "Shanzhai Air Force Locomotive" rolled over its profitable LTC short position, significantly increasing holdings by 7,587.20 LTC (~$588,200). This move lowered its average entry price to $84.90, expanding total position size to $3.4309 million. Current unrealized gain exceeds $259,000 (+75.54%). The address has added over $3 million in positions

2 minutes ago

A trader closed a 20-day short position in Gold Token, losing $46,000

On January 14, per Hyperinsight monitoring (via Telegram @HyperInsight), a trader closed a 20-day short position in PAX Gold (PAXG) at 16:05 ET, suffering a $46,000 loss. Current positions: - Short 91.61 BTC (40x leverage, entry: $89,703.3) → floating loss: $475,000; - Short 1957.82 ETH (25x leverage, entry: $3094.18) → floating loss: $459,000.

2 minutes ago

A whale went long with 40x leverage on 333 BTC, with an average entry price of $95,224.9

On January 14th, per monitoring from Hyperinsight (via its Telegram channel at t.me/HyperInsight), a crypto whale executed two key trades: - At 15:54, the whale opened a 40x leveraged long position on 333 BTC (~$31.68M), entering at an average price of ~$95,224.9. This position currently has an unrealized loss of ~$31,000. - Prior to this, the whale held a 5x leveraged long on 839,369.4 ZRO, which has an unrealized profit of ~$133,000.

2 minutes ago

Probability of OpenSea Token's FDV Dropping Below $10 Billion After First Day of Trading

As of January 14, Polymarket’s prediction market data shows a 62% probability OpenSea’s token will exceed a $10 billion fully diluted valuation (FDV) on its first trading day, with a 27% chance of topping $20 billion. OpenSea’s valuation has plummeted sharply. Back in January 2022, it raised $300 million in a Series C round led by Paradigm and Coatue (with Tiger Global participating), securing a $13.3 billion post-money valuation. Earlier reports noted OpenSea CMO Adam Hollander stated preparations are underway for the OpenSea Foundation’s Token Generation Event (TGE). The foundation will factor in historical trading volume, with a key focus on Treasures data in its reward plan.

2 minutes ago

Visa Partners with BVNK to Launch Stablecoin Payment Service

On January 14, CoinDesk reported that payment giant Visa has partnered with digital asset infrastructure provider BNK to integrate stablecoin functionality into its Visa Direct platform. The collaboration will enable businesses to prefund payments via stablecoins in select markets and send funds directly to recipients’ digital wallets.

2 minutes ago

Analyst: MSTR is the “Mullet” of this Bitcoin Bull Cycle, Acting as a Bitcoin Pressure Relief

On January 14, CoinDesk analyst James Van Straten noted: “In this cycle, MicroStrategy (MSTR) absorbed roughly 75% of the drawdown, keeping Bitcoin from seeing a comparable decline as volatility shifted from spot Bitcoin to the company’s common stock. “Meanwhile, Michael Saylor issued a large block of shares at approximately 1x mNAV, acting as a backstop buyer and thereby somewhat curbing the formation of a bear market.”

2 minutes ago