GateUser-6433627c

PwC, with the support of the Trump administration, has decided to increase investment in cryptocurrencies. The newly appointed regulatory officials in the United States and the passing of relevant legislation have boosted market confidence, encouraging companies to actively participate in the digital asset space.

On January 4th, there was a significant movement among whales. On the bullish side, the bankrupt whale James Wynn made a profit of $480,000 on PEPE and opened a new 40x leveraged BTC long position. A certain whale shifted to PEPE, becoming the largest long position. On the bearish side, pension-usdt.eth shorted ETH, Paradigm withdrew staked ETH to transfer to CEX, and a certain whale increased holdings of BTC and ETH shorts, with a total value of $109 million.

On January 4th, according to Onchain Lens monitoring, a new address withdrew 250,159 LINK from CEX, worth approximately $3.34 million.

Data from January 4th shows that Perp DEX trading volume was sluggish over the weekend, with Hyperliquid leading at 3 billion in trading volume, and open interest increased by 10%; Variational and Paradex saw rising trading volumes, ranking fourth and fifth respectively. Trading volumes and TVL performance varied across platforms.

On January 4th, the perpetual contract trading platform Pacifica announced that users can earn increasing points bonuses for daily trading, encouraging continuous trading. According to analysis, users who trade for 5 consecutive days can receive a 23% points bonus, reducing the points cost to approximately $0.15. Meanwhile, the platform is still in the fee waiver period, and users can use the new tool Coinbob Pacifica to track high-frequency trading strategies and prepare for potential airdrop opportunities.

On January 4th, trader 0x419f went long on PEPE, and within a week, the account net value increased from $58,700 to $489,900, with a return of 734%. He continuously added positions with 10x leverage, reaching a maximum position of approximately $1,520,000 in kPEPE.

On January 4th, CEX market data shows that Bitcoin broke through $91,000, and the trading activity of established Meme coins and altcoins is active. BONK, CVX, RENDER, FLOKI, and GUN have 24-hour increases of 31.17%, 28.32%, 20.7%, 19.8%, and 18.52%, respectively.

Important macroeconomic data will be released next week, including US employment figures, unemployment claims, and the unemployment rate. Several Federal Reserve voting members will give speeches, focusing on the economic outlook.

On January 4th, analysts detected that the well-known short seller "Mysterious Small K Line" had an unrealized loss of over $2,843,000, operating for 45 days and accumulating losses of $4,945,000. Although Pippin previously dipped briefly to $0.35, it has now rebounded to $0.4883.

Although geopolitical tensions often lead to Bitcoin volatility, analyst Michael van de Poppe stated that the US crackdown on Venezuela will not cause a significant drop in Bitcoin prices. He believes the event has ended and the likelihood of a negative market reaction is low.

On January 4th, a new address whale (0x727) stopped loss on ETH long positions, incurring a loss of $470,000, then opened a 355x leveraged kPEPE long position, with unrealized gains reaching $1 million, becoming the largest long whale on Hyperliquid. Meanwhile, the kPEPE short whales all suffered losses.