ELON Meme Coin Early Holder Sees 600x Gain, Entered Position at $17k Market Cap
January 30 — Per GMGN monitoring, the second-largest holder of Solana ecosystem meme coin ELON (address starting with 8nxf…) is an early investor. When ELON’s market cap was just ~$17,600, this address invested roughly $593 to build its position. As prices rose, its total holding profit now stands at ~$200,000, delivering a 600x return on investment (ROI).
Previously, when ELON’s market cap hovered around $1.65 million, the address sold nearly half its holdings to lock in early profits. It still holds ~1.62% of the circulating supply and has not sold additional tokens since. The meme coin’s current market cap is reported at $11 million, with a price of ~$0.011.
BlockBeats notes that meme coin trading is highly volatile, heavily tied to market sentiment and speculative hype, and lacks real value or use cases. Investors should be aware of these risks.
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Trump will sign an executive order tonight and attend a policy meeting, with no mention of the nomination of the new Fed chair
January 30th
Per the White House’s official schedule released Thursday local time, President Donald Trump will sign an executive order at 11 a.m. Friday (Saturday midnight Beijing time) before attending a policy meeting at 2 p.m. Friday (3 a.m. Saturday Beijing time).
No additional details were included in the schedule. Earlier Thursday, Trump told reporters he plans to announce his nominee to succeed Federal Reserve Chair Jerome Powell on Friday. It remains unclear if the two events on the White House schedule are tied to the Fed chair nomination.
(IG)
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A Whale Transferred 8,491 ETH to Galaxy Digital, Losing Approximately $9.15 Million
On Jan 30, OnchainLens monitoring revealed that after three months of inactivity, whale address 0x86ed62d90bbd90bbd97bfabc1eb74cf1a643081fbcd25 transferred 8,491 ETH to Galaxy Digital. The transaction is valued at roughly $23.31 million and incurred an approximate $9.15 million loss.
The whale originally received this ETH from OKX at an average price of $3,823 per coin, with a total cost of around $32.46 million.
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Analysis: Gold Plunges on Fed Hawkish Chair Prospects, But Set for Best Month in 46 Years in January
Jan 30 (FXStreet) — Gold prices tumbled over 4% on Friday amid market rumors the Federal Reserve could name a more hawkish chair. Still, geopolitical and economic pressures have kept investors flocking to the safe-haven asset, with gold on track to post its strongest monthly gain since 1980.
KCM Chief Trading Analyst Tim Watt noted: “A potential less dovish Fed chair appointment, a rebound in the U.S. dollar, and a reversal of gold’s overbought status have all driven the precious metal’s decline.”
StoneX Senior Analyst Matt Simpson said: “Rumors that Kevin Wash could replace Powell as Fed chair pressured gold during Asian trading hours.” Silver also plunged 6% intraday, retreating after hitting an all-time high of $121.64 per ounce the previous session. The metal has surged 56% so far this month, positioning it for its best monthly performance on record.
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The "Long-Term BTC Short" Whale Sets BTC Limit Buy Order at "Buy the Dip" Price of $75,123-$76,228
On January 30, HyperInsight monitoring reveals that the "BTC Long-Term Short" whale (address 0x5d2f4) has placed Bitcoin limit buy orders: 400 BTC to be purchased if BTC drops to $76,228, and 300 BTC if it falls to $75,123, per the current order book.
Additionally, this whale opened a 20x leveraged short position of 499.91 BTC at $111,499.3. It currently holds an unrealized profit of $14.28 million and has also received $9.991 million from funding rate settlements.
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