Monitoring shows that a giant whale deposited $4.36 million into HyperLiquid and opened a short position in MON with triple leverage, while placing orders to further increase the position. Previously, the giant whale made a profit of 3.4 million US dollars through multiple transactions. （Onchain Lens）

[UK Considers Retaliatory Measures Against EU Steel Tariffs] The UK is considering taking retaliatory measures against the EU's implementation of steel tariffs.

The Trump administration is reviewing a proposal that would allow the Internal Revenue Service (IRS) to access and tax overseas cryptocurrency account data of US citizens. （Watcher.Guru）

On chain data shows that 3 hours ago, Forward Industries deposited 1.4435 million SOLs worth approximately $201 million into Coinbase Prime. The flow of funds shows that these SOLs have been transferred to the trading platform. There is currently no further action taken. （Onchain Lens）

[White House Reviews Policy Allowing IRS to Access Offshore Crypto Assets] The White House is reviewing a policy that would allow the IRS to access citizens' offshore cryptocurrency assets and join an international crypto data-sharing alliance.