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According to monitoring by Lookonchain, a certain whale opened a 3x long position of 37,200 SKHX, valued at 37.3 million USD, and has currently made a profit of 778,000 USD.However, this whale previously incurred losses of over 1 million USD on each of the last 3 trades.

According to monitoring by Lookonchain, a trader bought 3,128 ETH six months ago for 5.95 million USD, and is currently facing a loss of over 3.87 million USD, with a loss rate of 40%.Today, the trader deposited all 3,128 ETH into Coinbase, intending to sell at a loss.

On Tuesday, Apple's stock price reached an all-time high during trading, briefly surpassing a market capitalization of $5 trillion, and continues to hold the top position globally in terms of market value. According to CoinGlass data, the total contract value of Apple (AAPL) across the network is approximately $128 million. From the platform distribution perspective, tradeXYZ, Binance, and Bitget rank in the top three, collectively accounting for about 85.02% of the market share. Among them:tradeXYZ: approximately 219,200 AAPL held, corresponding to a value of $74.9307 million;Binance: approximately 80,300 AAPL held, corresponding to a value of $27.4616 million;Bitget: approximately 18,900 AAPL held, corresponding to a value of $6.4609 million.

Trade.xyz issued a statement regarding the SK Hynix contract price spike incident: On July 27 at 23:01 UTC, the marked price of SK Hynix tokens plummeted from $1,127.9 to $917.25, triggering a large number of long position liquidations. This price originated from an actual transaction captured by multiple independent data providers, with the external venue being a major pre-market in South Korea. Its oracle system operates according to established specifications, synchronously tracking prices from external exchanges, functioning "as designed" on a technical level.However, the platform acknowledges that user dissatisfaction with the liquidations triggered by this event is understandable, emphasizing that "market integrity is the core value of Trade.xyz." To address this, Trade.xyz has decided to cover all liquidation losses caused by this price anomaly on a one-time discretionary basis. Specific eligibility requirements will be announced soon, with compensation expected to be completed within a few days, but it clearly states that this decision "does not constitute a guarantee for similar situations in the future." At the mechanism level, the platform will accelerate the review of pricing methods— including reassessing the assumptions of reliance on external venues and giving greater weight to its own order book price discovery (its order book depth and signal strength have significantly improved compared to external sources) to more effectively handle tail events.

According to The Block, Nansen CEO Alex Svanevik stated that the number of AI trading agents is expected to surpass human traders in about two years. Nansen is shifting its product from a pure analytics tool to "direct trading" and is restructuring the platform around "trading all assets on-chain with agents." Currently, this feature has achieved a cumulative trading volume of over $500 million.Svanevik mentioned that about 10 of the top 15 perpetual contracts by trading volume on Nansen are non-crypto assets, including SpaceX, the S&P 500 index, gold, and crude oil. Nansen plans to open up higher autonomy trading agents after completing backtesting and paper trading to reduce inference costs and control the risk of input poisoning.

According to on-chain analyst @ai_9684xtpa, a trader opened a 4x leveraged long position of 23,251.544 SKHX (worth 24.67 million USD) today at 14:38, with an entry average price of 1106.8 USD, and is currently facing an unrealized loss of 1.074 million USD.This wallet has now become the TOP2 holding address for SKHX on Hyperliquid.

In response to the abnormal volatility in the SK hynix perpetual contract market, Hyperliquid stated that the platform is an unlicensed blockchain, and the HIP-3 market can be independently deployed and operated by different teams. The xyz:SKHYNIX perpetual contract is deployed and operated by the Trade.xyz team, which is currently investigating the incident and will announce progress after reaching a conclusion.Hyperliquid also explained that HIP-3 deployers can independently push the market's mark price, oracle price, and external perpetual price inputs. If a pricing mechanism similar to that used by platform validators for operating perpetual contracts is adopted, the protocol only provides one of the three median components, namely the on-chain latest transaction price, the best buy price, and the best sell price median, while the other two components are provided by the deployer, who jointly determines the final mark price.

According to Tencent News "Frontline," a 26-year-old male employee of Hong Kong Central Wealth Management Services Limited misappropriated 50 million Hong Kong dollars as margin without authorization, using it to finance the purchase of a double long position in the Southern Eastern Ying Hynix ETF (07709.HK), resulting in a paper loss of up to 150 million Hong Kong dollars. The trader was arrested by the police on July 20 on suspicion of "theft," with the incident occurring from January 9 to July 20.Financial analysts in Hong Kong stated that the reason the 50 million principal turned into a 150 million loss was due to the combination of margin financing and the double leverage of the long ETF. This ETF surged to a historical high of 193.65 Hong Kong dollars at the end of June, driven by the storage chip concept, but then the semiconductor sector sharply corrected, falling to 52.58 Hong Kong dollars by July 20, a decline of over 72%. The police revealed that the relevant positions had not yet been forcibly liquidated, and the final loss would still fluctuate with the stock price. The incident was discovered during a recent audit of the company, which reported it to the police. Central Wealth Management is not a licensed company by the Securities and Futures Commission, and Central Wealth Securities stated that the involved personnel are not their employees and are unrelated to the incident, but after the event, some clients exhibited risk-averse withdrawals.

According to monitoring by Lookonchain, due to the sudden surge in CXMT prices, trader 0x517b's short position of 272,505 CXMT (1.8 million USD) was completely liquidated, resulting in a loss of 249,000 USD.

Crypto KOL Phyrex posted on platform X, stating, "BitMart and BitMex did not close due to a collapse; it is very different from the sacrifice of FTX. These two primarily faced business issues."According to him, in 2023, BitMart had approached his associates about an acquisition, and they had done a lot of data analysis at the time, but it ultimately came to nothing. In fact, part of the decline of many third-tier exchanges is due to the impact from Binance Alpha.Small exchanges are essentially the stronghold of various altcoins, pump coins, Ponzi coins, and community coins, but the emergence of Alpha has provided better sources for these coins, which has also led to a significant reduction in listing fees for third-tier exchanges and a decrease in profits from joint market-making.Another reason is the signal teachers. In fact, the total number of signal teachers is not very large, but they have waves of associates. These teachers generally move between various exchanges, and once a new exchange offers better profits, these teachers quickly lead their followers to switch. The recent well-known cases of exchanges running away generally follow this pattern.

According to on-chain analyst Yu Jin's monitoring, the AFX Trade hacker has exchanged 12,467.4 ETH for BTC.On July 23, the AFX Trade Arbitrum cross-chain bridge was attacked by hackers, resulting in a loss of approximately 24 million USDC. Subsequently, the attacker gradually transferred the stolen funds from Arbitrum to Ethereum.

Renowned trader Killa stated that during the last Bitcoin bull market, about 80% of the cycle top indicators were never triggered, and similar situations may occur with future bottom indicators, so one should not mechanically rely on historical signals to determine market bottoms. He pointed out that the supply of long-term holders currently in a loss state has exceeded the levels during the FTX collapse and is approaching the levels seen during the 2018 bear market.Bitcoin's realized price is currently around $50,000, and in past cycles, the price has tested the realized price of long-term holders, so there is still a possibility of returning to that area. However, Killa indicated that it should not be assumed that Bitcoin will necessarily fall back to this level. Many top indicators in the last cycle failed to trigger, and some bottom indicators may also fail in the future. In any case, the current level of market losses is similar to that during the FTX incident and the 2018 bear market.

According to South Korean media Daily NK, North Korean authorities arrested an elite hacker group on July 12, which is suspected of infiltrating the internal networks of the North Korean central bank and foreign trade bank, stealing national trade funds and laundering money through cryptocurrency. Sources say the group's leader is a veteran from the cyber warfare unit under the North Korean Reconnaissance General Bureau, who recruited talented IT graduates from Kim Chaek University of Technology and Pyongyang University of Science and Technology, using encrypted communications and wireless devices to commit crimes.They split the stolen funds into small amounts and transferred them to overseas cryptocurrency wallets, exchanged them for cash through intermediaries, and then converted them into dollars and other currencies in border areas. Pyongyang officials launched an investigation after discovering anomalies in foreign currency payment approvals and records of overseas IP access, ultimately raiding a safe house and arresting suspects who were laundering money, seizing equipment worth hundreds of thousands of dollars. This case has caused a stir among the elite and military circles in Pyongyang, with senior officials in the Reconnaissance General Bureau and the science and education sector worried about being implicated. North Korea has long been accused of stealing billions of dollars in cryptocurrency assets through hacker organizations like the Lazarus Group, but this incident rarely shows that its own financial system has also become a target of internal attacks.

According to on-chain analyst Yu Jin's monitoring, the AFX Trade hacker has begun exchanging ETH for BTC through the cross-chain exchange tool THORChain. The bridge of AFX Trade was hacked two days ago, resulting in the theft of 24.15 million USDC, which were subsequently exchanged for 12,500 ETH.One hour ago, the hacker started exchanging ETH for BTC across THORChain, and so far, 655.4 ETH have been exchanged for 18.86 BTC.

Well-known trader Killa (@KillaXBT) posted that the Bitcoin cycle is accelerating, with the last cycle taking only 476 days from the bottom to a new ATH, much faster than the previous two cycles. It is expected that this cycle will also reach a new high before the next halving.Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

According to the latest episode of the Gatecast podcast, Gate founder and CEO Dr. Han shared his thoughts on the future of AI, Web3, and the cryptocurrency industry in an interview themed "The Future of AI, Web3, and the Cryptocurrency Industry."Dr. Han stated that the way users will interact with cryptocurrency products will undergo profound changes due to AI in the future. Currently, the cryptocurrency market has millions of assets and tens of thousands of DApps, and the high cost of choice and usage barriers limit user entry. However, AI is expected to become an important gateway connecting users with the Web3 ecosystem. When discussing the combination of AI and trading, Dr. Han mentioned that AI can help users efficiently acquire information, analyze market signals, and assist in decision-making, but it still cannot completely replace human judgment. "AI + human intelligence" will become a more effective approach in the future.Dr. Han also pointed out that Gate is continuously utilizing AI to optimize product experiences, reducing users' learning costs through intelligent tools, and encouraging more users to enter the Web3 world. Currently, Gate is building an AI product system around the Intelligent Web3 strategy, which includes Gate AI, GateClaw, and Gate for AI Agent, accelerating the integration of AI technology into the trading ecosystem. In the future, Gate will further lower the barriers to using Web3 through intelligent products and services, enhance user experience, and drive more users into an open and intelligent Web3 world.

Famous trader Killa posted that Bitcoin's historical bear markets typically complete a 5-wave adjustment and form two significant peaks. The first peak often occurs after the initial major rebound following the top, known as the "complacency peak," where the market generally believes that the bull market has returned. Subsequently, prices usually continue to decline to new lows. He pointed out that similar structures appeared in the cycles of 2014, 2022, and 2026.After the complacency peak is formed, the market typically experiences a "dead cat bounce" and establishes a phase bottom; as market sentiment deteriorates and short positions concentrate, a short squeeze then drives the price rebound, with the final bottom usually forming after the second significant retest.Killa believes that BTC has currently swept through the bottom formed by the "dead cat bounce" and completed a 5-wave adjustment structure similar to previous cycles. From a structural perspective, the adjustment wave has ended, and the bottom may have already formed. However, he remains cautious about the time cycle. Previous bear markets typically lasted about 365 days before forming the final bottom, while this round, if the bottom has already appeared, has only lasted about 260 days, which is about 100 days earlier than the historical cycle. Currently, he maintains a 50-50 judgment, but compared to significantly making new lows, the likelihood of forming higher lows subsequently is greater.

According to Jinshi reports, Mitsubishi UFJ Bank analyst Derek Halpenny stated in a report that the dollar may not be significantly affected by the latest round of trade uncertainties in the U.S. in the short term. He pointed out that the impact of Trump's new tariff plan on exchange rates should be limited.Currently, the market expects the U.S. to raise interest rates and the risks in the Middle East are high, providing some support for the dollar. However, if trade uncertainties escalate, investors' concerns about policy unpredictability and damage to the U.S. economy may lead to a sell-off of the dollar.

Ethereum Improvement Proposal EIP-8222 aims to separate staking deposits from withdrawals through a STARK-based cryptographic mechanism and to re-anonymize validators to reduce the traceability of validator activities. Currently, about one-third of ETH is staked.Thibault Dubuis, Head of Staking and Decentralized Finance Products at Sygnum Bank, stated that the current deposit addresses, validators, and withdrawal credentials create visible links, making institutional holdings, entry times, and staking strategies nearly public. This proposal is still in the discussion phase and has not yet scheduled a deployment time. Its design may involve arrangements such as fixed deposit denominations and asset withdrawal waiting periods, and institutional users may need to bear higher execution costs, process delays, and compliance work.

According to Bloomberg, as prediction markets like Polymarket and Kalshi expand, the issue of betting using non-public information or informational advantages is receiving more scrutiny. Bloomberg Businessweek analyzed approximately 34,000 potential insider trading cases flagged by Polysights between August 2025 and June 2026; these related trades exhibited characteristics such as newly created accounts, low probability entries, large bets, or high trading concentration, but it cannot be determined that traders violated rules based on this.Data shows that from January 1 to June 30 of this year, the amount of suspicious trades flagged on Polymarket was approximately $200 million, with geopolitical and war-related markets driving a significant increase in abnormal trading volume. The profits from potential insider trading are highly concentrated, with the top 1% of accounts in profit wallets earning more than half of the gains, and 57% of related wallets created less than 24 hours before the trades. Some traders are reducing the likelihood of being discovered by using multiple associated wallets and splitting orders. For example, 38 associated addresses placed bets in 90 geopolitical markets related to Iran and Venezuela, achieving a win rate of 98%, with total profits of $1.6 million, and withdrew funds using the same Coinbase deposit address.Polymarket stated that it will monitor insider trading and other illegal activities, and has so far referred nearly 100 wallets to law enforcement agencies. Kalshi has also strengthened identity and employment information checks, and restricted participation in related markets by political candidates, athletes, and others who may influence outcomes.