[Polymarket Trader Loses Over $2 Million in 35 Days] According to monitoring by lookonchain, a trader on Polymarket named 'beachboy4' lost over $2 million in 35 days. Data shows that the account participated in 53 prediction trades, with a win rate of approximately 51%. The largest single profit was about $936,000, while the largest single loss reached $1.58 million, with an average bet of around $400,000 per trade. Analysis indicates that the account misunderstood Polymarket's pricing logic, treating it as a binary betting market. This led to repeatedly chasing high-priced entries in the upper price range, resulting in a capped profit and full-loss risk structure. Additionally, the account frequently placed heavy bets on popular events without setting stop-losses or hedging, ultimately leading to structural losses.

[Beijing High Court Sentences Main Perpetrator of Virtual Currency Fraud Case to 12 Years in Prison] The Beijing High People's Court released five typical cases of telecom and online fraud, including a cross-border virtual currency investment fraud case. In this case, the defendant used overseas chat software in Beijing's Chaoyang District to lure victims into purchasing virtual currencies and investing them on designated platforms, subsequently transferring the fraudulent proceeds through virtual currencies. Upon investigation, the total amount defrauded by the group was approximately $900,000 (equivalent to over 5 million RMB). The court sentenced Liu Moufang to 12 years in prison for fraud and imposed a fine.

[Altcoin Short Seller Builds PEPE Short Position, Annual Profit Reaches $81 Million] On January 5, Coinbob monitoring revealed that 'Altcoin Short Seller' has gradually built a short position in the recently surging meme coin PEPE over the past two hours. The current position size is approximately $120,000, with an average price of $0.007. Its short position in LIT has reached $11.2 million, with an average price of $2.7, making it the largest short seller of LIT, ASTER, and UNI on the Hyperliquid platform. Since November, this address has held over 20 altcoins, with total positions increasing to $40.7 million and cumulative annual profits reaching $81 million. In contrast, another whale, known for 'longing a basket of altcoins,' has suffered a cumulative loss of over $42.7 million this year, with total holdings sharply reduced to $2.33 million.

[Ethereum Gas Fees Hit Lowest Record Since Mainnet Launch] Zhixiong Pan, founder of Chainfeeds, posted on Platform X stating that Ethereum Gas fees have hit the lowest record since the mainnet launch and continue to set new records, with Gas fees dropping below 0.03 Gwei during certain periods. Ethereum still plans to implement block scaling this year.

[30-Year Japanese Government Bond Yield Rises to 3.455%, Reaching a Record High] The 30-year Japanese government bond yield has risen to 3.455%, reaching its highest level in history.