JPMorgan: Bitcoin Still Seen as Liquidity-Sensitive Risk Asset, Did Not Benefit From Dollar Weakness

Jan. 29 – Per HyperInsight monitoring, the "Strategy Whale" has opened a $5.2 million long position in silver. The entry price is $117.3474 per ounce, with a liquidation level at $107.3327 per ounce; the position currently holds an unrealized loss of ~$10,000. Additionally, the whale maintains a $7.8 million short position in Dash. Entered at ~$71, Dash’s current price is $57, yielding an unrealized gain of ~$2.1 million.

On January 29th, Nado—an Ink-based perpetual futures DEX (Perp DEX)—announced that its Nado NFT collection will begin minting on the Ink blockchain today at 23:00 UTC+8. The NFTs will also be airdropped to eligible wallet addresses, and they will become immediately tradable following the airdrop.

January 29 — Per Coinbob Popular Address Monitoring, the "Noble Bulk Trader" address (0x894...) saw its unrealized gains widen to $2.2 million today, with a total position size of $49.2 million, driven by a rise in copper prices. Primary gains stemmed from copper futures contracts, where unrealized profits expanded by ~$1.1 million from yesterday. Key holdings as of now: - 10x XYZ100 (Nasdaq 100 Index): ~$21.12M position, average entry $25,443.47, liquidation price $23,421, unrealized gain ~$530k (20%). - 10x COPPER (Copper Futures Synthetic Contract): ~$18.97M position, average entry $5.91, liquidation price $5.50, unrealized gain ~$1.22M (44%). - 5x PLTR (Palantir Technologies): ~$2.87M position, average entry $165.47, liquidation price $152, unrealized loss ~$2.36M (-138%). - 10x MU (Micron Technology): ~$2.66M position, average entry $343, liquidation price $325, unrealized gain ~$600k (74%). This trader focuses on U.S. stocks and on-chain precious metals, and previou

On January 29th, according to monitoring data from HyperInsight, a crypto whale closed out a $4.5 million BTC short position at 17:55, netting $84,900 in profits. The account currently holds an unrealized loss of $147,000. The address exhibits typical high-frequency trading traits: it favors 10x leverage, uses a flexible strategy, and has a high risk appetite.

On January 29, the board of directors of Japanese Bitcoin treasury (DAT) firm Metaplanet approved a resolution to issue common stock and the 25th series of stock subscription rights via a third-party allotment, with a planned total financing of approximately $135 million. The proceeds will primarily go toward increasing its Bitcoin holdings, investing in Bitcoin yield-generating businesses, and repaying a portion of its credit line borrowings.