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The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

2025.01.10 18:03:17

The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

Co-hosted by Animoca Brands, 706 Youth Space, and IDA, with support from Followin, Amber.ac, and Lookonchain, the event will feature the Virtuals Protocol team discussing the revolutionary impact of AI Agents.

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Korean cryptocurrency exchange Coinone's major shareholder is considering selling part of its stake

January 26 — According to the Seoul Economic Daily, Cha Myung-hoon, major shareholder and chairman of South Korean crypto exchange Coinone, is weighing a partial stake sale. He holds a combined 53.44% of Coinone’s shares via his personal firm The One Group (3.430% ownership) and direct personal holdings (19.14%). Coinone-affiliated sources noted the exchange is in talks with overseas exchanges and domestic financial institutions about equity investment and other partnership opportunities, though specific details remain unconfirmed.

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「BTC OG Insider Whale」's new address withdrew 61,000 ETH from Binance to deposit into Aave or for a loop leverage operation

Jan. 26: LookOnChain monitoring indicates the "BTC OG Insider Whale" is not only deep underwater on a $7.79 billion BTC/ETH/SOL long position but is now running a circular leverage trade on ETH. Earlier today, the whale set up a new wallet, withdrew 61,000 ETH (≈$174.3 million) from Binance to deposit into Aave, then borrowed 60 million USDC from Aave and transferred it back to Binance.

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A certain "buy high, sell low" whale conducted a panic sell of 5500 ETH over the past 3 days

January 26th — Per LookOnChain monitoring, a whale address notorious for "buying high, selling low" has panic-sold 5,500 ETH over the past three days at $2,912 each, totaling roughly $16.02 million. Five days prior, the same address purchased 2,000 ETH at $2,984 per token (around $5.97 million). Today, it repeated the classic "buy high, sell low" maneuver.

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Bitcoin Surges Above $87,000

As of January 26th, per HTX market data: - Bitcoin has rebounded above $87,000, currently trading at $87,284; - Ethereum has rebounded above $2,850, now priced at $2,866; - SOL has risen above $120, currently at $121.

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「Buddy」 ETH Long Position Liquidated Again in the Early Morning, New Long Position Liquidated in Part Again

On January 26, Onchain Lens data shows that "Brother Whale" Huang Licheng’s 25x-leveraged ETH long position on Hyperliquid was fully liquidated again during this morning’s price drop, resulting in a $696,000 loss. He subsequently opened a new 25x-leveraged ETH long position. That new position, however, was partially liquidated amid further downside. To date, "Brother Whale" has racked up cumulative losses exceeding $25 million.

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「Air Force General」 aggressively increased short positions in the early morning, with position size rising to $387 million, resulting in a floating profit of $12.84 million.

January 26th – Per popular address monitoring by Coinbob (https://t.me/Coinbob_track_CN), the top BTC short holder on the Hyperliquid platform, dubbed "Air Force Commander," ramped up its short positions significantly earlier this morning. As of now, the address holds **$387 million in total short positions** (up from $246 million yesterday) with an **unrealized profit of $12.84 million**. Breakdown by asset: - Short BTC (40x leverage): $150M | Unrealized profit: $5.71M - Short ETH (15x leverage): $189M | Unrealized profit: $6.94M - Short SOL (20x leverage): $9.3M | Unrealized profit: $0.645M - Short KPEPE (10x leverage): $19.74M | Unrealized loss: $0.164M - Short XRP (20x leverage): $16.54M | Unrealized loss: $0.217M - Short HYPE (10x leverage): $3.31M | Unrealized loss: $0.068M (Note: "ramped up" is a casual, common phrase in U.S. financial quick updates to emphasize a sharp increase; bolding key figures aligns with how U.S. crypto news highlights critical data.)

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