「Strategy Opponent Play」 Restarted Short Position, Opening $35 Million Short Position

**Crypto Custody Startup BitGo Plans $201M IPO in U.S.** BitGo, a cryptocurrency asset custody firm, intends to raise up to $201 million through its U.S. initial public offering (IPO). The company will offer 11.8 million shares at a price range of $15 to $17 per share. Per its prospectus, BitGo posted ~$10 billion in revenue for the first nine months of 2025— a sharp surge from ~$1.9 billion in the year-ago period. Net income totaled ~$35.3 million, with net income attributable to shareholders at ~$8.1 million (up from $5.1 million in the same prior-year span). As of Sept 30, 2025, the platform held ~$104 billion in custodied assets, supporting over 1,550 digital asset types. BitGo projects 2025 full-year revenue between $16.02 billion and $16.09 billion. Founded in 2013, BitGo ranks among the largest crypto custodians in the U.S. Its role in storing and safeguarding clients’ digital assets has grown as institutional interest in crypto rises. Goldman Sachs and Citigroup are le

January 14th: Bithumb to list the USDE/KRW trading pair, per an official announcement.

**January 14 Quick Update** On-chain analyst Ai Auntie (@ai_9684xtpa) reports that the Ethereum whale/institution address 0x395...45500 used a low-buy high-sell strategy between June and December 2025, netting over $31.44 million in profits. After a two-month pause, the entity has resumed accumulating ETH. In the past hour alone, the address withdrew 12,000 ETH from Binance—valued at $39.98 million—at an average price of $3,331.76. The entity completed two swing trades in 2025: one successful, one unsuccessful. The winning trade occurred September–October 2025, when it sold an estimated 30,000 ETH at a high of $4,201, generating $35.24 million in gains. As of now, the address holds 80,979.71 ETH on-chain, totaling $269 million in value with an average withdrawal price of roughly $3,137.62.

Binance Alpha is set to list Empire of Sight (ticker: SIGHT) on January 14, 2026, at 16:00 UTC+8. Once trading commences, users holding at least 245 Alpha Points may claim 800 SIGHT tokens via an airdrop on a first-come, first-served basis. While the event is active, the points threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop requires 15 Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours; failure to do so will result in the airdrop being forfeited.

Jan. 14 — Per GMGN market data, Solana ecosystem native token CARDS (tied to collector card exchange platform Collector Crypt) has surged over 43% in the past 24 hours. Its market capitalization stands at $1.86 billion, with a 24-hour trading volume of $5.3 million. The CARDS rally may be linked to a surge in overall Pokémon card market popularity. Per PolyBeats monitoring, influencer Logan Paul has announced plans to auction his PSA 10-graded Pokémon Illustrator card in January 2026. Some capital on Polymarket has started betting the final sale price will exceed $15 million. Paul’s acquisition cost for the card was roughly $5.275 million; Goldin Auctions founder Ken Goldin previously made a private $7 million offer, which Paul turned down. Recent buying activity indicating bets on a price above $15 million suggests some expect a bidding war during the auction, pushing the price to far outpace historical records.

January 14: Upbit will list USDE trading pairs for KRW, BTC, and USDT, per an official announcement.