The "Gambler" address that heavily shorted ETH three days ago is now sitting on a $1.83 million unrealized gain and has opened a 40x leveraged Bitcoin short position.

As of Jan. 19, Arkham data shows Yihuihua's Trend Research holds 626,700 ETH, with an average cost of ~$3,105.50, a current total value of ~$2.008 billion, and unrealized gains narrowed to ~$61.7 million.

January 19th — Per HTX market data, Bitcoin briefly fell below $92,000 on Wednesday, sparking a widespread decline across alternative cryptocurrencies (altcoins). Below are key 24-hour performance updates for select tokens: - SENT: Down over 33% in 24h, current price $0.0219 - RVV: Down over 26% in 24h, current price $0.002918 - BID: Down over 20% in 24h, current price $0.0197 - YALA: Down over 19% in 24h, current price $0.00949 - FOGO: Down over 17% in 24h, current price $0.02877 - LIGHT: Down over 15% in 24h, current price $0.4774 - "4": Down over 14% in 24h, current price $0.02248

**Update: Jan 19** Per monitoring from HyperInsight (https://t.me/HyperInsight), the wallet “20 Million Bandit” (0x880a) boosted its short positions in ETH and HYPE over the past hour, posting an unrealized gain of $7.01 million. The address uses an aggressive trading strategy, specializing in high-leverage short-term trades, and has banked $100 million in total profits since its trading began.

January 19th – Per Caixin, a tech expert familiar with the central bank digital currency (CBDC) has revealed that the digital currency relies on account-based smart contracts. These contracts, like those on public blockchains, are essentially "condition-triggered auto-executing code," with the key difference being full Turing completeness. The CBDC’s account-based smart contracts are Turing-complete but restricted: programming is strictly limited to central bank-approved template scripts, supporting only preset simple conditional triggers. This design prioritizes security and risk control. While CBDC smart contract development supports multiple languages—including Ethereum’s Solidity and other Turing-complete languages—there are no technical hurdles. The core challenge, however, lies in designing standard access and audit mechanisms acceptable to the financial system.

January 19 — According to The Block, market fears of a potential U.S.-EU trade war are further weighing on an already fragile market sentiment, triggering a sell-off in crypto markets during early trading. Bitcoin, Ethereum and the broader crypto space tumbled, with Bitcoin briefly falling below $92,000 and marking a short-term drop of more than 3%. Total long positions liquidated over the past four hours exceeded $750 million. Analysts link the downturn to concerns over the prospect of a U.S.-EU tariff war. Presto Research analyst Min Jung noted: “Relative to other asset classes, the crypto market remains vulnerable. While U.S.-EU trade war fears have been the biggest drag on sentiment, other risk assets—including the Korea Composite Stock Price Index (KOSPI)—have held steady or even gained. This signals a distinct inherent vulnerability in crypto markets, as investors are favoring other risk assets for allocations. Amid gains across most sectors, crypto assets continue to lag.”