rage

According to on-chain analyst @ai_9684xtpa, a certain address opened a 603.71 BTC 40x long position at 10:30 PM last night, worth 38.67 million USD, with an entry price of 64,469 USD, currently showing a floating loss of 259,000 USD.In addition, the address has also placed a limit long order of 31.44 million USD in the range of 63,500 USD to 63,674 USD. If fully executed, the total position will expand to 70.11 million USD. This address has primarily used short-term strategies in the past, with positions mostly held for only a few hours. This long position size is the sixth largest of the year, and if fully executed, it will become the largest size of the year.

The "Contract Whale" updated its position by stating "Set 10 big goals" and that its previously established 4x leveraged BTC long position has triggered the trading invalidation zone and exited with a stop loss.Previously, this address opened a position at around $64,940, holding 2,933.635 BTC, with a position value of approximately $447 million and a margin of about $47.48 million. It stated that it remains optimistic about Bitcoin in the medium to long term, believing that around $60,000 is an important support area. If there are no significant changes in market structure, Bitcoin still has a high probability of challenging $100,000 before March next year.

According to the Korea Herald, the Financial Services Commission, the Financial Supervisory Service, and the exchange have decided that starting from July 31, the minimum deposit requirement for single stock leveraged ETFs and ETNs will be raised from 10 million KRW (approximately 51,000 USD) to 30 million KRW (approximately 153,000 USD), and only cash will be accepted; stocks, bonds, and other securities will no longer be recognized as collateral. The new regulations apply to both domestic and overseas listed products, and existing investors must also meet the requirements when making additional purchases, but there are no restrictions on selling. In addition, the funds from sales can only be counted as deposits after 2 business days following settlement, and loans secured by the sale proceeds will not count as deposits.The product was launched on May 27, involving 16 underlying assets, with an initial market value of approximately 4.4 trillion KRW, which has expanded to 11.9 trillion KRW as of July 15. Daily trading volume increased from 10.4 trillion KRW on the day of listing to about 13 trillion KRW. Previously, South Korea had suspended the listing of new products and prohibited related advertisements starting from July 16, tightening the discount rate management standard from 3% to 2%. Market rumors suggest that regulators are also considering reducing the number of liquidity providers, widening the bid-ask spread, and lowering the leverage ratio from 2 times to around 1.5 times.

According to BeInCrypto, Tom Lee, co-founder of Fundstrat and chairman of Bitmine, stated that AI funds are rotating from the storage chip sector to Ethereum. He cited data showing that the relative performance of Ethereum compared to the Roundhill Memory ETF (DRAM) has widened to 72 percentage points since June 25—Ethereum has risen 24%, while the DRAM ETF has fallen 38%.The DRAM ETF was launched in April this year and is the first fund to invest solely in storage chip manufacturers, with SK Hynix and Samsung accounting for about 41% of its weight. The fund raised $6.5 billion in 27 trading days, setting a record for the fastest ETF issuance. Lee pointed out that BlackRock's tokenized BUIDL fund and applications like Robinhood Chain are all built on Ethereum, which forms the institutional bullish logic for Ethereum.

According to Gate market data, the Dow Jones Index closed up 385.56 points on July 21 (Tuesday), an increase of 0.74%, at 52,224.82 points; the S&P 500 Index rose by 65.91 points, an increase of 0.89%, at 7,509.19 points; the Nasdaq Composite Index increased by 329.13 points, an increase of 1.29%, at 25,837.21 points.

SanDisk (SNDK) and Micron Technology (MU) stock prices have rebounded, and the market attention on related assets continues to rise. According to Gate market data, SanDisk (SNDK) is currently priced at $1,390.52, with a 24-hour increase of 2.52%; Micron Technology (MU) is currently priced at $866.18, with a 24-hour increase of 2.00%. Along with the fluctuations in the sector, trading of related derivatives for the two major assets remains active. According to Coinglass data, the 24-hour trading volume for Gate SNDK contracts reached $163 million, with an open interest of $32.33 million; the 24-hour trading volume for Gate MU contracts reached $37.59 million, with an open interest of $18.08 million, making the trading activity among the highest in the network.

Binance founder CZ recently posted on social media that artificial intelligence (AI) and Bitcoin (BTC) serve different functions; AI drives productivity improvements, while Bitcoin is used to combat inflation and protect wealth. CZ stated, "AI is great, but it cannot protect you from the effects of inflation; Bitcoin can."CZ believes that the market often views AI and Bitcoin as two major hot investment themes, but their natures are fundamentally different. AI is a technology that enhances business efficiency and economic productivity, while Bitcoin is a digital asset with a fixed supply. He pointed out that the AI industry is rapidly developing, with global companies continuously investing billions of dollars in AI software, data centers, chips, and other infrastructure, driving transformations in various sectors such as healthcare, finance, and manufacturing. However, AI companies can issue more shares and raise funds for expansion, and their investment value still depends on business performance and market competition. In contrast, Bitcoin has a total fixed supply of 21 million coins, and holders possess a non-dilutable scarce asset. CZ believes this characteristic gives Bitcoin long-term value storage properties, providing protection when the purchasing power of fiat currency declines due to inflation.CZ has also previously stated that the AI boom may attract some funds that would have originally flowed into the Bitcoin market. As AI companies like OpenAI and Anthropic gain more capital attention, some investors may sell other assets to allocate to AI-related investments. However, CZ believes that AI and Bitcoin are not in competition; rather, they should be viewed as complementary assets: AI drives technological advancement and productivity improvements, while Bitcoin offers a way to store value that is unaffected by supply expansion.

According to on-chain analyst @ai_9684xtpa, the address starting with 0xf29 has increased its TWAP short order for Changxin Storage (CXMT) to 310,000 shares, with a total value of approximately 3.78 million USD if fully executed.Currently, this address has opened a 254,000 share 1x short position for CXMT at a price of 6.8123 USD, valued at approximately 1.7 million USD. Adding the cumulative 310,000 shares in the TWAP order, the total value will approach the current maximum short position for CXMT on Hyperliquid.

According to Onchain Lens monitoring, a certain address opened a 40x long position of 58.31 BTC, worth approximately 3.77 million USD.The account is 3 days old and has accumulated a profit of 72,100 USD.

Binance will remove the following leveraged trading pairs on July 24, 2026, at 14:00: Full margin trading pairs CYBER/USDC, DOLO/USDC, PIXEL/USDC, STEEM/USDC; Isolated margin trading pairs DOLO/USDC, PIXEL/USDC, STEEM/USDC. Users are advised that the relevant assets will be automatically liquidated and settled on the same day, and it is recommended to close positions in advance.

According to monitoring by Onchain Lens, a smart trading wallet with a size of approximately 15 million USD deposited 5 million USD into Hyperliquid today, and then opened a short position of 634,000 CXMT, valued at approximately 432,000 USD.Data shows that this address is positioning itself for a bearish trade on CXMT.

According to on-chain analyst Ai Yi's monitoring, a certain address opened a $2.155 million short position on Changxin Storage TWAP. If fully executed, it will become the second largest position in Hyperliquid CXMT. The TWAP size is 300,000 CXMT, with an opening average price of $7.1825, and currently 1.14% has been executed, with an account margin of $15 million.

According to monitoring by Lookonchain, two newly created wallets sold 72 BTC, worth 4.66 million dollars, and then opened a 20x leveraged long position of 12,000 ETH, worth 22.4 million dollars.

According to The New York Times, as Robinhood incorporates prediction markets into its app, concerns about the platform potentially exploiting young, inexperienced investors have intensified. Additionally, many still associate Robinhood with the Meme stock craze that swept the market, of which Robinhood was a significant driver.Now, Robinhood hopes that the public sees more than just these labels. The company has become one of the institutions responsible for operating the Trump Accounts program, which gives Robinhood the opportunity to build closer connections with the next generation of investors while further strengthening its ties with Washington.Robinhood CEO Vlad Tenev responded that this move is not intended to encourage speculation but rather to expand financial inclusion and help more American families participate in long-term investing. Currently, Robinhood has adjusted some product designs and is attempting to transition from a "speculative trading platform" to a broader financial services company.

According to a report by CCTV Finance, Wei Liang, Vice President of the China Academy of Information and Communications Technology, stated that the daily Token call volume in our country has surged from about 100 billion at the beginning of 2024 to 140 trillion by the end of March 2026, an increase of over a thousand times.Intelligent agents are giving rise to a brand new economic form, known as the "Token economy." Token, in Chinese, is called 词元, and it is an important unit for large models to process information and measure model invocation costs. Its growth rate is the most intuitive barometer of industrial development.In the era of intelligent agents, a single user command may trigger multiple rounds of model calls and resource consumption, directly driving an explosion in demand for artificial intelligence computing power. With the large-scale application of intelligent agents, a series of new models surrounding Token measurement, scheduling, pricing, and trading are beginning to take shape.

According to monitoring by Lookonchain, four addresses opened 1x leverage AKE long positions on Aster DEX, with a total holding of 3.48 billion AKE, valued at 4.95 million USD, currently unrealized profit of 1.42 million USD.