NYSE Stock Tokenization Long vs Short Perspectives Summary: Bringing Weekend Price Discovery, DeFi Trading Integration to Ultimately Disrupt Key
Jan. 20 — The New York Stock Exchange (NYSE) announced last night it’s developing a tokenized trading and settlement platform for U.S. stocks, featuring multi-chain settlement and custody capabilities plus 24/7 trading. The news sparked widespread debate in the crypto community; key takes follow:
- Carlos Domingo, CEO of BlackRock-backed tokenization platform Securitize, said the upcoming NYSE native tokenized stock on-chain trading (no wrappers, derivatives, or tokenized equities involved) is an unprecedented win for the crypto market.
- Blockworks Research analyst Shaun Da Devens commented the NYSE’s proposed 24/7 tokenized trading is a major win for stock traders—with weekend price discovery as its biggest benefit.
- Binance founder CZ stated this morning: “This is good news for both crypto and crypto trading platforms.” The Block founder Mike Dudas retweeted the NYSE announcement, expressing optimism and interest.
- Blockworks Data Director Dan Smith noted the announcem
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Top Whale Watch: "BTC OG Insider Whale" and other major long positions have not changed their holdings, while the "On-chain Gold Largest Bull" PAXG long position has seen a slight increase in unrealized gains recently.
January 20th, per Coinbob Popular Address Monitor:
Major long whales like the "BTC OG Insider Whale" didn’t adjust positions. The "Shanzhai Air Force Leader" closed some shorts after locking in expanded profits, while the "On-chain Gold Largest Long" for PAXG kept profiting from its long position. Details below:
- **BTC OG Insider Whale**: Overall profit narrowed to $8.1M. Core holding is a long ETH position with $5.5M profit (4%), avg entry $3,161, holding size ~$713M. Also holds long BTC/SOL; total holding ~$874M, now #1 in ETH/SOL longs on Hyperliquid.
- **CZ Counterparty**: Overall loss of $12M. Main loss from long XRP (~$75.6M holding, $13.3M loss). Also has long ETH ($1.4M profit, ~$183M holding, avg entry $3,190). Total holding ~$264M; now largest XRP long, #2 ETH long on Hyperliquid.
- **ZEC Largest Short**: Continued closing large MON shorts to take profits. Current MON short reduced to $1.4M ($560k profit, 120%). Total short holding ~$166M; now largest on-chain ETH s
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A whale went 40x short on 44.15 BTC, with an average entry price of $92,359.7
On January 20th, monitoring data from HyperInsight (https://t.me/HyperInsight) shows that at 10:32, a whale opened a 40x-leveraged short position on 44.15 BTC (roughly $4.07 million) with an average entry price of $92,359.7. The position is currently slightly profitable.
This address exhibits an aggressive trading style, favoring high leverage (5-40x) and focusing primarily on large-cap coins and high-market-cap altcoins.
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Meme Coin listed on NPM reaches a $6.9 million market cap and $6.4 million in trading volume within 4 hours
On January 20th, data from GMGN shows that NPM — a meme token in the BAGS ecosystem — reached a short-term market cap of $6.9 million within four hours of its listing. It currently stands at $5.4 million, with a trading volume of $6.4 million.
Per reports, NPM’s narrative pays tribute to Isaac Z. Schlueter, founder of npm (the world’s largest package manager), who is known as the “V God” of the programmer community.
BlockBeats reminds users that meme coins often lack practical use cases and carry high price volatility — investors should approach the space with caution.
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It is suspected that Yihua's Trend Research has continued to increase its ETH position, transferring 10 million USDT to Binance.
On January 20th, on-chain analyst Ai Yi (@ai_9684xtpa) reported that Trend Research—a subsidiary of EasyLink—borrowed 10 million USDT from Aave roughly 5 minutes prior, then deposited the funds into Binance. The move is suspected to support further increases in its ETH position.
As of the latest data, Trend Research holds 626,778.65 ETH, valued at approximately $1.94 billion. Its average entry cost is around $3,105.50, with an unrealized profit of $53.52 million.
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