A whale closed its ETH short position and instead opened a position worth $116 million, which is over 15 times its ETH value

BlockBeats News: On July 21st, according to the monitoring of Yu Jin, two private equity participation addresses of PUMP institutions may have made a total profit of 39.65 million US dollars by selling 25.5 billion PUMPs (141 million US dollars) in the past week.

The current price of ETH is $3781.62, with a 2.00% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 276 million US dollars, with the main liquidation being short orders and ETH liquidation being 82.11 million US dollars (29.68%). The data is for reference only.

According to BigONE's announcement, in response to recent cryptocurrency theft incidents, BigONE has officially launched a hacker bounty program worth a total of $8.1 million, calling on white hat hackers worldwide to assist in tracking stolen funds and identifying the attacker's identity. BigONE welcomes security experts to participate in promoting stolen asset recovery and case investigation.

On July 21st, according to Onchain Lens monitoring, a whale deposited 8.627 million USDC into Hyperliquid and placed an order to purchase HYPE.

On July 21st, according to sources cited by The Wall Street Journal, Dynamix, a blank check company, is preparing to merge with another entity to form a new company called "Ether Machine". The merged company plans to hold over $1.5 billion in Ethereum (ETH). The bet behind this plan is that under the leadership of the Trump administration, which is more friendly to the cryptocurrency industry, investors will continue to favor companies that invest large amounts of money in cryptocurrency assets.