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10:55
Eugene: Most shitcoin longs have exited, core Bitcoin longs still holding
BlockBeats News, January 17th, trader Eugene Ng Ah Sio posted in his personal channel, stating, "Most of the altcoin long positions have exited — although it did not reach the excess return I expected, I will take the available return for now. The core Bitcoin long position is still held, but is currently largely in cash again, waiting for the next opportunity to deploy."
10:45
Trader Eugene: Has mostly exited altcoin long positions as related investments underperformed expectations
According to Odaily, trader "Dove" Eugene stated on his personal channel that he has basically exited his long positions in altcoins, as the market performance of the related investment targets did not meet expectations. Therefore, he chose to take profits at this stage. However, he is still holding his core long position in bitcoin and has significantly increased his cash position to wait for the next round of trading opportunities.
10:34
VanEck denies bearish strategy, has recently increased its stock holdings
Matthew Sigel, Head of Digital Asset Research at VanEck, clarified on the X platform regarding The New York Times report, stating that the media outlet quoted out of context and misunderstood the remarks made by VanEck CEO Jan van Eck. Sigel explained that Jan van Eck only mentioned that they would not temporarily adopt the DAT strategy, and did not express a bearish view on Strategy company or its stock price. Currently, VanEck holds 284,000 shares of Strategy company on behalf of clients, ranking firmly within the top 75, and has increased its holdings in recent weeks.
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