US Crypto Stocks Rally at Start of Year, BMNR Up 14.88%, NAKA Up 16.26%

On January 3, Onchain Lens monitoring data reveals that a whale address starting with 0x218A deposited 5.5 million USDC into Hyperliquid to boost its Ethereum short position via 10x leverage and collateral. The position is currently valued at $68 million, holding 21,820.69 ETH, with a liquidation price of $3,565.94.

**Jan 3** Per Onchain Lens monitoring, Bitmine restaked 82,560 ETH four hours ago, valued at $2.5907 billion. As of press time, its total staked ETH has reached 544,064, worth approximately $1.7 billion.

On January 3rd, HyperInsight monitoring (via its Telegram channel @HyperInsight) indicates that as Bitcoin and Ethereum rebound, the "BTC OG Insider Whale" is now near break-even following its buying activity roughly 20 days ago. Its total unrealized losses have narrowed to $6.11 million, with the following breakdown: - A 5x ETH long position with an unrealized loss of $5.73 million - A 5x Bitcoin long position with an unrealized loss of $1.4 million - A 10x SOL long position with an unrealized gain of $1.02 million

January 3rd Gold and silver prices pulled back Wednesday after hitting recent peaks. At press time, gold traded at $4,331 (down 4.82% from its peak), while silver stood at $72.8 (down 13.1% from its peak). Following precious metals’ weakness, the crypto market staged a stabilizing rebound. Per HTX data, Bitcoin surged overnight to break above $90,000 resistance, hitting a high of $90,961. It now holds above $90k at $90,157. Driven by Bitcoin’s rebound, the crypto space saw a New Year rally, with PEPE leading altcoin gains. Key 24-hour moves: - ETH: +4.31% to $3,129 - SOL: +5.13% to $132.63 - PEPE: +24.6% to $0.00000612 - SUI: +13.87% to $1.669 - VIRTUAL: +13.22% to $0.786 - DOGE: +12.53% to $0.142 In U.S. equities, crypto-related stocks trended higher even as the Nasdaq edged lower. Notable gains: - Coinbase (COIN): +4.59% - Circle (CRCL): +5.26% - MicroStrategy (MSTR): +3.43% - Bitmine (BMNR): +14.88% - SharpLink Gaming (SBET): +8.39% Garrett Jin, a

On January 3, Galaxy Digital’s research team released its 2026 outlook, noting Bitcoin remains on track to hit a new all-time high next year. Options markets currently imply roughly equal odds of Bitcoin reaching $70k or $130k by June 2026, and $50k or $250k by year-end 2026—wide ranges reflecting near-term uncertainty. Downside risks persist until Bitcoin firmly reclaims the $100k–$105k level, though Galaxy Digital expects the token to hit $250k by end-2027. Key additional predictions include: - No Solana inflation cut proposal will pass in 2026; the current SIMD-0411 proposal will be withdrawn without a vote. - The ratio of application revenue to network revenue will double. - The SEC will face lawsuits from traditional market participants or industry groups over its innovation exemption framework. - A major bank or brokerage will accept tokenized stocks as collateral. - Decentralized exchanges (DEXs) will capture over 25% of total spot trading volume. - Polymarket’

On January 3rd, on-chain data analyst Wu Jinyan detected that a whale holding ETH for 4 years has swapped ETH for BTC today. The whale has sold 14,145 ETH (valued at ~$44.3 million) in exchange for 492 WBTC, with an exchange rate of 0.03478 and an average cost of $90,014 per WBTC. Four years ago (early 2022), the address withdrew and hoarded 22,344 ETH (valued at ~$65.15 million) from exchanges including Kraken, Bitfinex, and Poloniex, at an average withdrawal price of $2,916 per ETH.