EBML (eBullion, Inc., PNK) -29.41% in market hours 16 Jan 2026: volume spike flags liquidity

EBML stock fell -29.41% during market hours on 16 Jan 2026 on a sharp volume spike to 4,647,762 shares. The intraday range ran from $0.0007 to $0.00135, with the last trade at $0.0012. This move came on a relative volume surge of 23,355.59x versus the 50-day average, suggesting a liquidity-driven event rather than new operating fundamentals. We review price action, key metrics, and what the spike means for short-term holders and liquidity in this pink-sheet listing.