Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

**January 27 –** A whale has closed a 37,224.87 xyz:SILVER (Silver Mapping Contract) short position, incurring a $305,000 loss, per monitoring from analytics firm HyperInsight (via its Telegram channel @HyperInsight). The account currently holds a $2.21 million floating loss. It uses a multi-currency diversified holding strategy, with single transactions often reaching multi-million-dollar sizes and frequent recent rebalancing.

On January 27, Felix Protocol — the trading protocol within the Hyperliquid ecosystem — announced the launch of spot stock trading, supporting over 100 U.S. stocks and ETFs. By tapping into off-chain liquidity via permissionless trading, the platform delivers low slippage and efficient on-chain execution.

On January 27, Base rolled out the Breakout cryptocurrency Twitter attention trading market, letting users predict whether the relative influence of a specific KOL or crypto account will rise or fall in the coming week. The platform lists current attention percentages, odds, and liquidity for popular accounts (including Vitalik.eth, Justin Drake, Ansem, etc.) and is currently available only to non-U.S. users.

January 27 — Per monitoring from HyperInsight (https://t.me/HyperInsight), a whale opened a 5x long position on 84,900 HYPE at 11:16 UTC, with an average entry price of $26.15. The position is currently slightly profitable. The address has recently shifted sharply toward a HYPE-focused long strategy, departing from its earlier multi-asset diversified trading approach. Frequent recent position additions further signal strong confidence in the asset.

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