Giant Whale opens $85.66 million long position on Hyperliquid, with a floating loss of $370000

According to on chain analyst Emmett Gallic's monitoring, 829 BTC were transferred from Bitcoin addresses related to Geir Harald Hansen, the founder of Bitminter, with some BTC remaining untouched for 8 years. Bitminter is one of the early mining pools, which at its peak accounted for nearly 10% of the computing power of the Bitcoin network and mined a total of 208232 BTC.

The Castle Labs report shows that encryption protocols have generated approximately $7.42 billion in revenue so far this year, but most token prices have not reflected the fundamentals of the protocol. Six protocols, including Aave, Hyperliquid, Pump Fun, Uniswap, etc., generated a total revenue of approximately $726 million in the first half of 2026. After some projects were included in token issuance, unlocking, and incentives, the net value inflow of token holders turned negative. Hyperliquid has destroyed over 47 million HYPEs and PUMP has completed over $315 million in buybacks, but the tokens are still down about 60% from their issue price.

According to Digital Asset, 15 people including Kim Sang hoon, a member of the National Power Party in South Korea, proposed amendments to the Specific Financial Information Act on July 28, allowing financial authorities to demand payment suspension for virtual asset accounts suspected of illegal asset transfers. The amendment defines an account as a unique identification number provided by the exchange to the user. The Financial Intelligence Analysis Institute may request a 30 day suspension of payments when the account is deemed suspicious, which can be extended once. Failure to comply will result in a fine of up to 100 million Korean won. The bill will take effect six months after its announcement.

According to the Science and Technology Innovation Board Daily, Yuezhi Dark Face has completed its business registration change, with the market entity type changed to a limited liability company, the company name changed to Beijing Yuezhi Dark Face Technology Co., Ltd., and the addition of Zhang Yutong (director) and Song Sijia (financial director) to the executive record.

OKX has announced the addition of GRVT/USDⓈ to multiple services, including spot trading, officially launching on 2026-07-30 at 22:00 (UTC+8). Notes: - OKX will add the GRVT/USDⓈ spot trading pair on July 30, 2026, at 22:00 (UTC+8).