「Lightning Reverse」 Whale Continues to Increase Long Position, Unrealized Loss of $2.07 Million
Jan. 7 — Per monitoring from HyperInsight (via their Telegram channel @HyperInsight), the “Lightning Reversal” whale (address 0x50b30) continued to expand its long positions today. Current holdings are detailed below:
- **20x leverage long**: 1,569.29 BTC (≈$145 million), entry price $93,838.7, unrealized loss $1.682 million;
- **14x leverage long**: 15,677.02 ETH (≈$51.09 million), entry price $3,284.08, unrealized loss $0.388 million.
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Manus founder Shawn owns currently holds 0.0223 BTC in his Bitcoin address
As of January 7, Arkham monitoring indicates that the Bitcoin address belonging to Manus founder Xiao Hong currently holds 0.0223 BTC, valued at roughly $2,068.
The address only completed 5 transactions 12 years ago: it received a total of 0.15 BTC (worth approximately $66.5 at the time) and sent out 0.128 BTC.
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YZi Labs: CEA Industries Board Adopts Poison Pill Plan to Deter Shareholder Written Consent Rights, Calls on Board to Avoid Further Entrenchment
January 7, YZi Labs announced on X that as a major shareholder of CEA Industries (BNC), it is disappointed in the company’s board of directors for adopting a poison pill and amending bylaws in response to YZi Labs’ launch of a written consent solicitation.
YZi Labs contends these actions are intended to block and delay shareholders from exercising their rights via written consent—aimed at entrenching the board’s position rather than protecting shareholder interests—and calls on the board to refrain from further manipulative conduct.
The firm also notes the BNC board has postponed its 2025 annual meeting, originally scheduled for December 17, and urges the board to desist from additional manipulative behavior to ensure a fair director nomination and election process.
Additionally, YZi Labs disputes BNC’s claim that alternative token strategies were never considered, stating BNC CEO David Namdar explicitly referenced exploring a switch to assets like Solana during a November 202
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Ripple Reiterates No IPO Plans, Says Company's Balance Sheet is Strong and Focused on Growth
On January 7th, Ripple CEO Monica Long announced the company has no current plans for an initial public offering (IPO), will remain privately held, and will prioritize growth via product development and acquisitions.
She noted Ripple’s solid financial position means it does not need to access public capital markets for liquidity, and already has the capacity to continue investing in its development.
Long’s comments follow Ripple’s ~$5 billion funding round in November 2025, which valued the firm at ~$40 billion. Investors include Fortress Investment Group, Citadel Securities, and several crypto funds. Regarding investor protection in the round’s terms, she only said the overall structure favors Ripple, without disclosing specific details.
The report also notes Ripple completed multiple 2025 acquisitions: prime broker-dealer Hidden Road, stablecoin payment platform Rail, treasury management system GTreasury, and digital asset wallet/custody firm Palisade—totaling nearly $4 bill
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Polymarket Denies Venezuela Invasion, Sparking Community Backlash
**Jan. 7 (MarketWatch) — Prediction market Polymarket has refused to pay out on bets tied to “U.S. Will Invade Venezuela,” arguing weekend events did not constitute an “invasion” — sparking strong customer dissatisfaction.**
Polymarket’s website shows the market “U.S. invades Venezuela before Dec. 31” is currently ruled false, with a trading volume of $2.76 million.
Anonymous users on the platform questioned, “What exactly counts as an invasion?” labeling the company “Polyscam.” One user slammed “outright arbitrary rulings”: “Words are redefined at will, detached from recognized meaning; facts are ignored. A military raid, head of state kidnapping, and country takeover aren’t considered an invasion — that’s absurd.” Others asked, “Is this a joke?” and “Does this not count as an invasion just because it was swift and had a low death toll?” (The New York Times cited a Venezuelan official saying the raid killed 80.)
Polymarket explained the market defines “invasion” as a U.S. mil
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