JPMorgan launches tokenized money market fund on Ethereum

Bitcoin and Ethereum options worth $22 billion will expire today, involving a large number of market contracts. （Watcher.Guru）

[An address withdrew $2.2 million worth of KMNO within 3 days and distributed it to new wallets] Monitoring by onchainschool.pro shows that address 586yj...jb18 has been continuously accumulating KMNO over the past 3 months and recently withdrew $2.2 million worth of KMNO from an exchange within the past 3 days. It then distributed the funds to multiple newly created wallets and continued holding. Meanwhile, the address is also accumulating PUMP, META, and other tokens.

[Jeffrey Huang Reduces 25x ETH Long Position and Opens New 10x Long on HYPE] On January 2, according to HyperInsight monitoring, Jeffrey Huang reduced his 25x ETH long position to take profit. He currently holds 8,000 ETH ($24.24 million) with an unrealized profit of $405,000 and a liquidation price of $2,865.24. Additionally, Jeffrey Huang opened a new 10x long position on HYPE, currently holding 11,888.88 HYPE ($290,000) with an entry price of $24.69.

[Yilihua Counterparty Closes PUMP and NEAR Long Positions, Earning $1.37 Million This Week] According to Hyperbot data, about 15 minutes ago, the Yilihua counterparty address 0x94d…3814 closed its PUMP and NEAR long positions. It is currently still holding a 5x leveraged WIF long position. Over the past week, this address has achieved a total profit of approximately $1.373 million. Previously, this address opened Ethereum short positions worth over $100 million when Yilihua increased its ETH holdings. To date, it has completed 34 transactions, with 24 being profitable, achieving a win rate of 70.59% and a net profit exceeding $5.3 million.

JPMorgan has launched a tokenized money market fund on Ethereum, marking a significant institutional involvement in the on chain finance sector. （Cointelegraph）