「pension-usdt.eth」 closed ETH 3x short position, realizing a profit of approximately $2.7 million

**Binance China Issues Open Letter to Crypto Community Amid Market Concerns** On January 30, Binance China released an "Open Letter to the Crypto Community" addressing recent market and community concerns. The platform stated that as it scales, industry fluctuations impact its performance—and it will uphold higher standards, enhancing governance, risk control, and transparency. Key highlights: - **Asset Recovery**: Helped users recover 38,648 mis-deposited assets valued at $48 million in 2025; cumulative recovery exceeds $1.09 billion. - **Risk Control**: Assisted 5.4 million users in risk identification annually, preventing ~$6.69 billion in fraud losses. - **Law Enforcement Collaboration**: Partnered with global law enforcement to combat $131 million in illicit activity. - **Listings & Ecosystem**: By 2025, spot listings cover 21 public chains (focus on ETH, BSC, SOL); 13 new public chains onboarded. - **Asset Transparency**: As of end-2025, reserve proof covers ~$162

On January 30th, data from the Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN) shows that the "ETH Bear Whale" (address 0x20c) has amassed over $11 million in floating profits while continuously shorting ETH, with a return on investment (ROI) of 345%. The address has earned approximately $6.3 million in the past 24 hours, and its total historical profits exceed $80 million—with its maximum drawdown consistently remaining below 20%. Currently, it holds a 25x leveraged ETH short position valued at around $84 million, with an entry price of $3,117, a liquidation price of $3,674, and a current floating profit of roughly $11.5 million. Beyond gains from price fluctuations, it has also accumulated approximately $6.9 million in profits from funding rates. As one of the active on-chain ETH bears, this whale frequently adjusts its positions and leverage via intraday scalping, demonstrating a flexible trading style. Of its $80 million in total profits, nearly $50 million

Jan. 30 — Reuters, citing people familiar with the matter, reports that Elon Musk is pushing for a stock-swap merger between SpaceX and xAI to prep for SpaceX’s planned high-profile initial public offering (IPO). The deal is not yet finalized, but Musk has established a merger entity in Nevada, signaling the integration has entered a substantive stage. Upon completion, the merger would deeply integrate SpaceX’s rockets and space infrastructure with xAI’s Grok large language model (LLM) and data from the X platform, creating a unified "Space + AI" commercial ecosystem. Per latest valuations, SpaceX is valued at roughly $800 billion, xAI at approximately $230 billion—putting the combined post-merger valuation on track to reach $1.5 trillion.

On January 30, per HyperInsight monitoring, the "Lightning Backhand" whale wallet (address: 0x50b30) closed its 466.08 BTC short position one hour ago, netting a $103,000 profit. The address currently holds no open positions and is in wait-and-see mode. This wallet is known for rapid long-short position switches, often executing large-scale reverse position adjustments immediately after liquidating positions.

**Jan 30 (Bloomberg) — Asian-listed precious metal ETFs recorded ~$7.1 billion in net inflows in January, with multiple funds hitting all-time highs. The bulk of inflows came from Chinese retail investors, including ~$1.9 billion into Huaxia E-Fund Gold ETF alone.** **Analysts warn a surge in retail participation often signals a market rally’s end—especially as gold’s RSI nears 90 (extremely overbought), lifting short-term pullback risk.** **Gold’s recent sharp gains are backed by central banks’ ongoing purchases and inflows into physical gold-backed ETFs. World Gold Council data shows gold-backed fund holdings rose every month last year except May. U.S. policy unpredictability and growing isolationism are also driving investors to non-dollar assets, benefiting precious metals.**

January 30th — Sources told the *New York Post* that U.S. President Trump met with Wash, a former Federal Reserve Governor and Stanford University professor, on Thursday local time. After the meeting, Trump called Wash again to ask if he would accept the position, and Wash ultimately agreed. Rick Rieder, a BlackRock executive, had previously been a top contender for the next Federal Reserve Chair. However, sources close to Rieder said he was informed Thursday he would not be appointed.