Whales take long position on Hyperliquid with Micron Technology, achieving a floating profit of $8.25 million

At the press conference of the State Council Information Office, Liu Guixiang, the Supreme People's Court, stated that it will study new case judgment rules such as virtual currency and cross-border finance, formulate judicial interpretations on civil compensation for insider trading and market manipulation, and ensure the stable operation of the capital market. In response to the new format of the digital economy, we will formulate judicial protection documents for cases involving artificial intelligence and data property rights, improve judgment rules for data ownership, data transactions, AI generation, etc., and promote the construction of the data market.

Bankless founder David Hoffman explained the reason for clearing ETH in an article on X. He expressed optimism about the Ethereum network and ecosystem, but believed that ETH, as an asset, is difficult to be re priced by the market at a structural level, so he chose to allocate funds to other opportunities.

According to on chain analyst Ai Yi (@ ai_9684xtpa) monitoring, ETH Whale address 0x54d... e602 bought 2400.38 ETH at a unit price of $2083 9 hours ago, with a total value of approximately $5 million; Only 4 minutes after the transaction, a limit sell order was placed on Cowswap, with the plan to sell at a unit price of $2132. If the transaction is completed, a profit of approximately $117000 will be made.

[Whale Address Buys 2,400 ETH and Places Limit Order for Profit] According to on-chain analyst Ai Yi (@ai 9684xtpa), whale address 0x54d…e6029 purchased 2,400.38 ETH 9 hours ago, valued at $5 million, with a purchase price of approximately $2,083 per ETH. Four minutes later, the address placed a limit order on Cowswap at $2,132 per ETH. If executed, the estimated profit would be $117,000.

According to Cryptopolitan, Zhu Juntao, former CEO of Singapore's cryptocurrency lending platform Hodlnaut, has been charged with six counts of false statement fraud for allegedly misleading users during the TerraUSD crash. Hodlnaut did not disclose investing $317 million in Terra's Anchor Protocol from user accounts, resulting in a loss of $189.7 million after the UST crash. When the platform closed in August 2022, it owed users approximately $281 million and had assets of only $88 million, with a shortfall of approximately $193 million. The prosecutor accuses Zhu Juntao of falsely claiming through Telegram groups and emails during and after the crash that the company did not invest in LUNA or UST, and did not suffer any losses.