CZ: Retail traders participating in trading should pay attention to position control and can start with a small portion of their funds.

January 23 — Bloomberg reports UBS Group AG, which oversees $6.9 trillion in assets under management, plans to offer cryptocurrency investment services to select private banking clients and is currently vetting partners for the initiative. Discussions have been underway for months, and UBS has not finalized its approach.

On January 23, monitoring data from HyperInsight (via its Telegram channel @HyperInsight) shows the address holding the "largest ZEC short position" (0xd475...) partially closed its ETH short to lock in profits. It reduced its ETH short by 956.37 ETH—worth roughly $3.13 million. After the cut, the address’s remaining ETH short totals $130 million, with an unrealized profit of ~$14.3 million. Within the next 30 minutes, the address continuously added to its DASH long position, increasing it by 4,476.76 DASH (valued at ~$440,000). This pushed its total DASH long to $1.85 million. Notably, this address is known for building a massive ZEC short: it started shorting ZEC at $184, turning a $21 million loss into a profit.

On January 23, Bitget market data shows cryptocurrency-related U.S. stocks are trading lower in pre-market hours. Key moves include: - BitGo Holdings (BTGO): Closed +2.72% on its first trading day; now down 1.35% in pre-market at $18.24 (IPO price: $18) - MicroStrategy (MSTR): -0.23% - Coinbase (COIN): -0.11% - Circle (CRCL): +0.5% - MARA Holdings (MARA): -0.3% - Riot Blockchain (RIOT): -0.7% - BitMine Immersion (BMNR): -0.8% - SharpLink Gaming (SBET): -1.02%

January 23rd, data from the Coinbob Popular Address Monitor (link: https://t.me/Coinbob_track_CN) shows the so-called “Ultimate Bear” whale (address: 0x5d2) has opened Bitcoin short positions four times since January last year. The first three positions posted a combined loss of roughly $5.48 million, while the latest short has delivered significant gains. To date, this position has accumulated ~$9.94 million in funding fee income, with contract profits exceeding $55.6 million—pushing its total annual profit to $65.5 million. The address has made no further position adjustments since December 26th, 2023. Compared to its $136 million peak position in late October 2023, the whale has gradually cut its position by ~$84 million and hasn’t replenished shorts after multiple profit-taking moves. Currently, it still holds a Bitcoin short with 20x leverage, totaling ~$44.5 million. The average entry price is ~$11,150, liquidation price is $10,660, and unrealized profit stands at ~$11.2 mi

As of January 23, SPACECOIN (SPACE) has delivered strong performance following its listing on Binance Alpha. The token hit $0.03 earlier and now trades at $0.025, with a market cap of $50 million. Eligible users for this Binance Alpha event will receive a 6,720 SPACE token airdrop—worth roughly $168 at current prices.