According to on chain analyst Ai Yi's monitoring, Huang Licheng reduced his long position of 16575 ETH to 9600 ETH (approximately 17.76 million US dollars), with the current price only 16 US dollars away from the clearing price.

According to Lookonchain monitoring, a trader spent 405 ETH to buy 5.04 million CASHCATs, and currently has a floating loss of $460000, with a loss rate of 61%.

[Philadelphia Semiconductor Index Enters Technical Bear Market, A Whale Liquidates with $10.4M Loss] The Philadelphia Semiconductor Index dropped 4.3% in a single day, retreating over 22% from its mid-June peak, officially entering a technical bear market. On-chain address asssdfc liquidated technology semiconductor stocks, with an overall unrealized loss exceeding $10.4 million over the past 30 days.

[Russian Cryptocurrency Criminal Liability Bill Postponed to Autumn Review, Maximum Sentence of 7 Years Imprisonment] According to Bits.media, Anatoly Aksakov, Chairman of the Russian State Duma Committee on Financial Markets, stated that the second and third readings of the criminal liability bill for illegal cryptocurrency transactions have been postponed to the autumn session. The bill, which passed its first reading in early July, stipulates a maximum sentence of 7 years imprisonment for organizing illegal cryptocurrency circulation. The related penalty provisions are scheduled to take effect on July 1, 2027. Anatoly Aksakov denied that the bill would affect cryptocurrency exchanges and P2P users. The Russian government's 'Digital Currency and Digital Rights Law' has also been delayed.

According to Protos, a group in the UK disguised themselves as police officers and created a fake police website, convincing cryptocurrency holders to transfer funds to so-called "secure accounts" through phone calls, stealing $5.4 million worth of cryptocurrency. They were sentenced this week. Hamza Bashir, Kevin Nwamma, and Anthony Ikenwe were sentenced to six years and nine months, eleven years, and eleven years in prison, respectively. The stolen funds were used to purchase a £ 60000 car, vacation itineraries, and branded goods such as Harold, Hermes, Louis Vuitton, Rolex, etc. The police found £ 500000 in cash in the safe and determined that most of the stolen cryptocurrency was converted into payment cards. The gang members falsely reported their annual income, with one person only declaring £ 444.