「100% Win Rate」 Trader Experiences First Loss, Stops Out of 20-Day SOL Short Position

Jan. 21 — Arthur Hayes cited a Bloomberg report on social media, noting a key challenge for the U.S. Treasury market: What happens if Japanese investors pivot to domestic markets as their own government bond yields rise, halting funding for the “U.S. system”? The report states Sumitomo Mitsui Financial Group (Japan’s second-largest lender) plans to actively rebuild its Japanese government bond (JGB) holdings once JGB yields end their sharp rout. Once the yield surge “runs its course,” the bank aims to significantly expand its JGB portfolio—potentially doubling its current size.

On January 21st, Armani Ferrante—founder of Backpack and Mad Lads—took to social media to say NFTs may be dead, but Mad Lads is just getting started. Previously, Mad Lads’ official announcement noted no Backpack airdrop would be sent to NFT holders, before later updating to confirm the snapshot has been completed. The community was confused by the team’s recent moves, with some guessing Mad Lads might airdrop a separate project token.

January 21st: Per monitoring from HyperInsight (https://t.me/HyperInsight), the trader known as the "God of Victory" shorted 40.81 BTC with 40x leverage, entering at an average price of $89,435.40. Their current unrealized loss stands at $300,000. The address has executed 198 transactions to date: only 5 resulted in a total loss of $5,195.36, while the remaining 193 were closed with realized profits—totaling $366,800 in overall account gains.

January 21st — According to the Financial Times, Mike Novogratz’s crypto firm Galaxy plans to launch a $100 million hedge fund in the first quarter of this year. The fund has already secured $100 million in investments from family offices, high-net-worth individuals, and large institutions, with a focus on profiting from digital asset price volatility. Up to 30% of the fund’s assets will go to crypto tokens, while the remainder will be invested in financial services stocks tied to digital asset technology and regulation. Galaxy will contribute seed capital to the fund, and the firm currently manages $17 billion in digital assets. Joe Armao, the hedge fund’s manager, noted the fund can generate returns by identifying disruptors in the financial services sector and separating strong companies from weak ones.

January 21st – Per monitoring by Farside Investors, total net outflows from U.S. Bitcoin spot ETFs yesterday hit $479.7 million, with breakdowns below: - BlackRock’s IBIT: -$69M - Fidelity’s FBTC: -$152.1M - Bitwise’s BITB: -$40.4M - ARK’s ARKB: -$46.4M - Franklin’s EZBC: -$10.4M - VanEck’s HODL: -$12.7M - Grayscale’s GBTC: -$160.8M