「Paper Hands Coin」 Trader Adds to MEGA Short Position, Slightly Increasing Unrealized Gain

Per HyperInsight monitoring on January 26th, a whale address on the Avalanche chain (“pension-usdt.eth”) shorted 25,000 ETH last week with 3x leverage at an average entry price of $2,927.33, currently holding an unrealized PNL of $1.452 million.

On January 26, Framework Ventures Co-Founder Vance Spencer stated: “If current development trends persist, Ethereum (ETH) will become the only cryptocurrency with quantum security—and it will overtake Bitcoin (BTC) within 1–2 years.” All computing platforms are beholden to broader tech trends; they must integrate these to remain competitive. Ethereum has already integrated stablecoins, tokenization, AI, and quantum computing. To date, Bitcoin (BTC) has not adopted any of these technologies.

Jan 26: Per HyperInsight monitoring (via https://t.me/HyperInsight), a whale has shorted 22.5 BTC at 40x leverage, with an average entry price of $87,771.1. The position is currently slightly underwater. The wallet address uses a high-leverage short-term trading strategy, focusing primarily on BTC and xyz:SILVER—showing a clear recent bearish bias.

On January 26, Cointelegraph reported that the UK Financial Conduct Authority (FCA) has kicked off the final consultation phase for key cryptocurrency rulemaking, seeking final input on 10 regulatory proposals. The comment deadline is March 12, 2026. The proposals aim to align the crypto market with traditional financial standards, covering areas including business conduct rules, crypto asset credit purchases, regulatory reporting, asset safeguarding, and retail collateral management.

**NEO Co-Founders Clash Over Governance; Zhang Calls for Da’s Resignation, Da Responds** On January 26, NEO founder Da Hongfei pushed back against co-founder Erik Zhang’s accusations, dismissing them as “distortions of facts.” Da clarified a critical point: Zhang had claimed Da proposed a mechanism requiring “every transaction and all expenses [to be] approved by me” — but Da said this was false. Instead, he stated his plan: *“Starting this year, NF and NGD will release financial reports in the first quarter of each year, increasing transparency with more details than past reports.”* Da also noted he had already authorized Zhang (and other community members) to post news and blogs on neo.org, and privately offered to let Zhang manage Neo’s X (Twitter) account to build followers for his new initiatives. He accused Zhang of using “half-truth” tactics and suggested future conversations be recorded for clarity. Regarding financial matters, Da said he proposed (and Zhang agreed

On January 26, Bank of America (BofA) raised its gold price target to $6,000 per ounce—marking the most aggressive gold forecast among major global institutions. In a client report, BofA analyst Michael Hartnett wrote: “While history doesn’t guarantee future results, gold has averaged ~300% gains over 43 months in the past four bull markets—implying it could hit $6,000/oz by spring 2026.” He added the target would push gold more than 20% above its current all-time high. (Source: Golden Finance)