PANews reported on January 13th that, according to Coinbob monitoring, a whale address (0xfc66), known as an "on-chain part-time stock trader," has significantly increased its short positions in on-chain gold (PAXG) with 5x leverage and is still adding to its positions, making it the largest short seller of PAXG. This address has also recently established 18 short positions in stocks on Hyperliquid, with the largest positions concentrated in ORCL (Oracle), PLTR (Palantir), and AMZN (Amazon). Its current main holdings are:
It is reported that this address had previously focused on on-chain contract operations for crypto assets, but since January 8th of this year, it has been continuously reducing its 20x leveraged short positions in ETH, BTC, and SOL, decreasing its holdings from $45.6 million to $17.6 million. Currently, its total on-chain equity positions are approximately $4 million. The total holdings of this address have reached $53.2 million.

ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets. Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew Rudisill said on Monday that the company’s strategy is to deploy Ether (ETH) in “cash-flowing assets” on the Ethereum network through layer-2 protocols and tokenizing real-world assets. A growing number of digital asset companies are moving past simply holding crypto and looking to generate yields through active participation in the ecosystem, which crypto executives told Cointelegraph in August, could help spark a DeFi Summer 2.0.Read more

