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On-chain analyst Specter posted on the X platform, revealing that about 16 hours ago, a wallet suspected to be related to Mining Express exchanged 5,004 ETH for approximately 8.8 million DAI. Specter stated that he first tagged this address on June 15 but only recently completed further tracking analysis, providing multiple related addresses for verification.Currently, this large-scale exchange behavior has drawn market attention to potential historical capital flows and liquidation motives. According to his tracking, this address has an on-chain connection to the Mining Express project initiated in Ukraine in 2019 by Brazilian founder Kaze Fuziyama.The project initially attracted investors through a multi-level marketing (MLM) approach, later being labeled a Ponzi scheme, and after halting payments, shifted to business models such as cloud rendering.Historical on-chain records show that on March 19, 2024, this wallet received 4,512 ETH from related addresses and subsequently engaged in staking operations through Lido and Ether.fi; by April 2026, all these ETH had entered a staked state and were fully unstaked by May 4.

According to on-chain analyst @ai_9684xtpa, six addresses bought 12,128 ETH through Cowswap in the past 2 hours, with an average price of $1,760.55, and then transferred them in batches to Tornado Cash.It is reported that the USDC used to buy ETH was all transferred from Solana via Circle CCTP, with the source address's transactions traceable back to 4 years ago.

According to monitoring by Lookonchain, trader 0xe8be opened a 4x leveraged long position in ANSEM, with a position size of approximately 619,853 ANSEM (about $213,000).Currently, this position has recorded an unrealized profit of about $111,000, with a return rate of approximately 209.28%, indicating significant leveraged gains from short-term price fluctuations.

According to monitoring by Onchain Lens, a certain whale "0xD12" experienced partial liquidation of a 10x leveraged XPL short position on Hyperliquid. Data shows that the scale of this liquidation was approximately 3.83 million XPL (worth about $434,000), with an actual loss of about $40,900.After part of the position was forcibly closed, the trader still holds approximately 15.33 million XPL short positions (about $1.71 million), with a current unrealized loss of about $145,300, and is close to the liquidation price of the remaining position.

According to monitoring by Catcher Predict, in the event of "the next round of peace talks between the US and Iran" on the Polymarket prediction market, the "Yes" option for the sub-market "July 17" experienced a sharp fluctuation in winning probability, soaring from 19.5% an hour ago to the current 40.5% (a fluctuation of 21%). Please note the impact of related breaking news.

According to a report by CCTV Finance, Tesla will start limiting employee spending on artificial intelligence tools from the 6th of this month. Similar measures have also been adopted by several other American tech companies.It is reported that Tesla has issued an internal memo to employees announcing that starting from July 6, the spending limit for each employee on AI tools will be $200 per week, and any excess must be approved by a supervisor. However, spending by Tesla employees on the Grok model from xAI, owned by Musk, will not count towards the $200 limit.It is understood that Grok has low acceptance among Tesla employees, with most still choosing to use Claude from Anthropic.

According to on-chain analyst Yu Jin's monitoring, HYPE recently rebounded from $60 and has re-established itself above $70. A certain whale address withdrew 212,500 HYPE from Morpho one hour ago, worth approximately $15 million, and has since transferred all of it to Coinbase.

According to on-chain analyst Yu Jin's monitoring, amidst the ongoing adjustments in the cryptocurrency market, the overall market capitalization of stablecoins has decreased by approximately 10 billion dollars, with the current total market capitalization being around 300 billion dollars.In the past quarter, the total amount of USDT decreased from 189.8 billion dollars to 184.1 billion dollars, with an outflow of 5.7 billion dollars; USDC decreased from 79.6 billion dollars to 73 billion dollars, with an outflow of 6.6 billion dollars, making it the stablecoin with the largest outflow.

The decentralized privacy protocol Hinkal has released a security incident update, confirming that attackers extracted approximately 797,000 USDC from its Ethereum contract through a series of transactions and exchanged it for about 454 ETH. Approximately 410 ETH was subsequently transferred to Tornado Cash, while the remaining approximately 44.67 ETH was cross-chain transferred to the Bitcoin network via THORChain. They are currently tracking the flow of funds in collaboration with external security teams.Hinkal stated that this security incident is limited to the relevant funds pool on the Ethereum chain, and other on-chain contracts have not been affected. However, all contracts have been temporarily suspended for repairs and security verification. All affected user funds will be compensated at a 1:1 ratio, and the specific compensation process and timeline will be announced in future updates.

According to Coinglass data, if BTC falls below $59,371, the cumulative long liquidation intensity on mainstream CEX will reach $1.174 billion. Conversely, if BTC breaks above $65,416, the cumulative short liquidation intensity on mainstream CEX will reach $801 million.

According to Onchain Lens monitoring, the wallet associated with the USDH deployer deposited 212,498 HYPE into Coinbase, worth 15.07 million USD.

According to Bloomberg, citing informed sources, SK Hynix Inc. is considering paying underwriting fees of approximately 0.5% of the total fundraising amount to investment banks participating in its U.S. listing project. This deal is expected to become one of the largest stock issuances in history.Informed sources stated that although SK Hynix has indicated plans to issue new shares equivalent to a maximum of 2.5% of the company's total equity, the final issuance scale has not yet been determined, which will directly affect the amount of underwriting fees that the investment banks will ultimately receive.Additionally, SK Hynix may also pay extra discretionary bonuses to the investment banks involved in the transaction, beyond the basic underwriting fees. Informed sources mentioned that discussions are still ongoing, and the final agreement details may still change.

According to Bloomberg, Micron officially broke ground on its factory expansion project in Higashi-Hiroshima City, Hiroshima Prefecture, Japan on Saturday. The total investment for the project is approximately 1.5 trillion yen (about 9.3 billion USD), aimed at producing advanced memory chips for the AI era.The new production line will focus on key chips such as high-bandwidth memory (HBM), which are core components supporting the performance of AI processors like those from Nvidia. The related chips are expected to start shipping as early as the summer of 2028.The Japanese Ministry of Economy, Trade and Industry has provided up to 500 billion yen in subsidy support for the project to strengthen domestic semiconductor manufacturing capabilities and enhance supply chain resilience.This expansion project is seen as an important step for Japan to strengthen its semiconductor manufacturing layout in the global AI chip competition.

According to Bloomberg, Germany's financial system is experiencing a rapid expansion of cryptocurrency asset services. Several local financial institutions, including cooperative banks and savings banks, are planning to launch cryptocurrency trading services for retail customers, allowing users to buy and sell virtual assets directly without going through third-party trading platforms.It is reported that banks in Germany, which have long served local families and businesses, are gradually embedding cryptocurrency trading functions into their existing retail banking systems. Relevant services are expected to be launched in the coming months. This trend indicates that Germany's traditional banking system is accelerating its embrace of the digital asset market within a compliance framework, which may further promote the penetration of cryptocurrencies into the mainstream financial system in Europe.

According to Coinglass data, the Coinbase Bitcoin Premium Index has been in the negative premium range for 47 consecutive days (from May 19 to present), with the latest value at -0.1007%.

According to Onchain Lens monitoring, the UXLINK hacker exchanged 10.54 million dollars worth of DAI for 6,001 ETH at an average price of 1,757 dollars, and then transferred it to Tornado Cash.

According to CoinDesk, CryptoQuant data shows that Bitcoin exhibits a significant decrease in capital efficiency across historical bull and bear cycles. The 2011 cycle saw a net inflow of about $2.8 billion, driving Bitcoin up approximately 55,000%. The 2015 cycle had about $69 billion corresponding to an increase of about 10,000%. The 2018 cycle had about $365 billion corresponding to an increase of about 2,000%. The current cycle since 2022 has attracted about $697 billion in funds, but the increase is only about 689%.

According to Jinshi reports, Goldman Sachs maintains a "Buy" rating for MiniMax Group, with a target price of 860 HKD.The report shows that the MiniMax M3 model is priced the same as the M2.7, and through upgrades in training and inference architecture, inference efficiency has improved by more than 2 times, enough to offset the cost increase brought by the doubling of model parameters. This week, DeepSeek announced that the official version of V4 is scheduled to launch in mid-July, and a time-based pricing mechanism will be implemented simultaneously, with peak period calling prices being 2 times the usual rate.Goldman Sachs believes that DeepSeek's price increase indirectly confirms the high cost-performance ratio of the MiniMax M3. The upcoming larger version of the M3 series and the H3 video model are also seen as catalysts for the next phase.

According to official news, the Jupiter Strategic Reserve Trust, Jupiter Litterbox Trust, increased its holdings by 186,546 JUP yesterday, worth approximately $45,000. This month, it has accumulated purchases of 1,226,119 JUP, worth about $300,000. So far, its total purchases amount to 145,028,229 JUP, valued at approximately $34.8 million.The Jupiter Strategic Reserve Trust is the official on-chain treasury fund of Jupiter, automatically transferring 50% of the revenue from the Jupiter protocol to continuously buy and hold JUP tokens on the open market through smart contracts, often humorously referred to by the community as the "Litterbox Trust."