PANews reported on January 19th that, according to Yu Jin, a whale who shorted ETH with high leverage last Friday profited during the market flash crash this morning between 7 and 8 AM, with its short positions currently showing a floating profit of $1.7 million. It added to its position half an hour ago and now holds 30,639 ETH short positions (approximately $98.51 million), with an average opening price of $3,271 and a liquidation price of $3,296.



While Silicon Valley dominates Web2, emerging markets like the UAE and Singapore lead DePIN adoption with better regulations and real infrastructure needs. Opinion by: Yanal M. Hammouda, head of market expansion at WingbitThe decentralized physical infrastructure network (DePIN) sector saw $150 million of capital flow during Q1 2025, with a projected market size of $3.5 trillion by 2028. Yet the most significant development isn’t the capital raised but where these networks operate. Emerging markets like the Middle East, Southeast Asia and South America — rather than Silicon Valley — are driving the future of DePIN adoption. Read more