「$10M Profit Whale」 Suspected of Accumulating 6000 ETH in a Transaction, with an Average Price of $1582

Bitmine Immersion Technologies announced Wednesday it has secured shareholder approval to increase its authorized share capital, a move designed to boost flexibility for future fundraising efforts. The company currently holds 4.203 million ether (ETH), 193 bitcoin (BTC), a $22 million stake in Eightco Holdings, and nearly $1 billion in cash, per a press release issued Tuesday. At its annual shareholder meeting held Jan. 15, Proposal 2 passed with 81% of votes in favor, authorizing the expansion of authorized shares. Notably, the proposal does not call for an immediate new share issuance. Instead, it raises the cap on future issuances to create room for fundraising, mergers and acquisitions (M&A), or continued support for its Ethereum holdings. Authorized share capital sets the maximum number of shares a company can legally issue. Increasing this limit allows Bitmine to fund business expansion or asset allocation via new share issuances down the line. To address potential equit

On January 20, the U.S. Supreme Court declined to rule on the legality of former President Trump’s global tariffs. Separately, U.S. Trade Representative Grier noted former President Trump may be preparing to negotiate over the Greenland issue, adding that Trump’s tariff threat related to Greenland was an appropriate use of tariffs. Grier also stated the European Union (EU) has not acted to implement its trade agreement with the U.S., and that the U.S.-EU deal fails to address many U.S. frustrations with Europe regarding agriculture and regulations. (Source: FXStreet)

Jan 20: Bitcoin drops below $90k, with a 3.34% decline over the past 24 hours, per HTX market data.

On January 20, Ethereum dropped below $3,000, per HTX market data, with a 24-hour decline of 6.73%.

Jan 20th — Per EmberCN monitoring, crypto trader 0xD83...Fd7 has added to his HYPE short position again in the last 30 minutes. Since shorting ETH last Friday, he’s expanded short positions in other cryptos via profit-taking rollovers. He now holds shorts across four assets—BTC, ETH, HYPE and XMR—totaling $261 million. He’s turned an initial $3 million into $11 million via leveraged shorts and rollovers. Current position details: - 1,640 BTC short: $150M notional, entry $92,120, liquidation $94,732; profit $1.98M - 31,093 ETH short: $100M notional, entry $3,270, liquidation $3,269; profit $6.29M - 728k HYPE short: $16M notional, entry $21.77, liquidation $30.1; loss $60k - 824 XMR short: $450k notional, entry $605; profit $40k

Jan 20th — According to monitoring from HyperInsight (https://t.me/HyperInsight), as markets continued to decline, “Brother Whale” Huang Licheng’s 25x ETH long position is currently sitting on an unrealized loss of over $660,000, with a liquidation price of $3019.84. Following multiple partial liquidations, the position now holds just 3,440 ETH — its peak long position once exceeded 10,000 ETH.