trader

According to monitoring by Lookonchain, a trader bought 3,128 ETH six months ago for 5.95 million USD, and is currently facing a loss of over 3.87 million USD, with a loss rate of 40%.Today, the trader deposited all 3,128 ETH into Coinbase, intending to sell at a loss.

According to The Block, Nansen CEO Alex Svanevik stated that the number of AI trading agents is expected to surpass human traders in about two years. Nansen is shifting its product from a pure analytics tool to "direct trading" and is restructuring the platform around "trading all assets on-chain with agents." Currently, this feature has achieved a cumulative trading volume of over $500 million.Svanevik mentioned that about 10 of the top 15 perpetual contracts by trading volume on Nansen are non-crypto assets, including SpaceX, the S&P 500 index, gold, and crude oil. Nansen plans to open up higher autonomy trading agents after completing backtesting and paper trading to reduce inference costs and control the risk of input poisoning.

According to on-chain analyst @ai_9684xtpa, a trader opened a 4x leveraged long position of 23,251.544 SKHX (worth 24.67 million USD) today at 14:38, with an entry average price of 1106.8 USD, and is currently facing an unrealized loss of 1.074 million USD.This wallet has now become the TOP2 holding address for SKHX on Hyperliquid.

According to Tencent News "Frontline," a 26-year-old male employee of Hong Kong Central Wealth Management Services Limited misappropriated 50 million Hong Kong dollars as margin without authorization, using it to finance the purchase of a double long position in the Southern Eastern Ying Hynix ETF (07709.HK), resulting in a paper loss of up to 150 million Hong Kong dollars. The trader was arrested by the police on July 20 on suspicion of "theft," with the incident occurring from January 9 to July 20.Financial analysts in Hong Kong stated that the reason the 50 million principal turned into a 150 million loss was due to the combination of margin financing and the double leverage of the long ETF. This ETF surged to a historical high of 193.65 Hong Kong dollars at the end of June, driven by the storage chip concept, but then the semiconductor sector sharply corrected, falling to 52.58 Hong Kong dollars by July 20, a decline of over 72%. The police revealed that the relevant positions had not yet been forcibly liquidated, and the final loss would still fluctuate with the stock price. The incident was discovered during a recent audit of the company, which reported it to the police. Central Wealth Management is not a licensed company by the Securities and Futures Commission, and Central Wealth Securities stated that the involved personnel are not their employees and are unrelated to the incident, but after the event, some clients exhibited risk-averse withdrawals.

According to monitoring by Lookonchain, due to the sudden surge in CXMT prices, trader 0x517b's short position of 272,505 CXMT (1.8 million USD) was completely liquidated, resulting in a loss of 249,000 USD.

Crypto KOL Phyrex posted on platform X, stating, "BitMart and BitMex did not close due to a collapse; it is very different from the sacrifice of FTX. These two primarily faced business issues."According to him, in 2023, BitMart had approached his associates about an acquisition, and they had done a lot of data analysis at the time, but it ultimately came to nothing. In fact, part of the decline of many third-tier exchanges is due to the impact from Binance Alpha.Small exchanges are essentially the stronghold of various altcoins, pump coins, Ponzi coins, and community coins, but the emergence of Alpha has provided better sources for these coins, which has also led to a significant reduction in listing fees for third-tier exchanges and a decrease in profits from joint market-making.Another reason is the signal teachers. In fact, the total number of signal teachers is not very large, but they have waves of associates. These teachers generally move between various exchanges, and once a new exchange offers better profits, these teachers quickly lead their followers to switch. The recent well-known cases of exchanges running away generally follow this pattern.

Renowned trader Killa stated that during the last Bitcoin bull market, about 80% of the cycle top indicators were never triggered, and similar situations may occur with future bottom indicators, so one should not mechanically rely on historical signals to determine market bottoms. He pointed out that the supply of long-term holders currently in a loss state has exceeded the levels during the FTX collapse and is approaching the levels seen during the 2018 bear market.Bitcoin's realized price is currently around $50,000, and in past cycles, the price has tested the realized price of long-term holders, so there is still a possibility of returning to that area. However, Killa indicated that it should not be assumed that Bitcoin will necessarily fall back to this level. Many top indicators in the last cycle failed to trigger, and some bottom indicators may also fail in the future. In any case, the current level of market losses is similar to that during the FTX incident and the 2018 bear market.

Well-known trader Killa (@KillaXBT) posted that the Bitcoin cycle is accelerating, with the last cycle taking only 476 days from the bottom to a new ATH, much faster than the previous two cycles. It is expected that this cycle will also reach a new high before the next halving.Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

According to the latest episode of the Gatecast podcast, Gate founder and CEO Dr. Han shared his thoughts on the future of AI, Web3, and the cryptocurrency industry in an interview themed "The Future of AI, Web3, and the Cryptocurrency Industry."Dr. Han stated that the way users will interact with cryptocurrency products will undergo profound changes due to AI in the future. Currently, the cryptocurrency market has millions of assets and tens of thousands of DApps, and the high cost of choice and usage barriers limit user entry. However, AI is expected to become an important gateway connecting users with the Web3 ecosystem. When discussing the combination of AI and trading, Dr. Han mentioned that AI can help users efficiently acquire information, analyze market signals, and assist in decision-making, but it still cannot completely replace human judgment. "AI + human intelligence" will become a more effective approach in the future.Dr. Han also pointed out that Gate is continuously utilizing AI to optimize product experiences, reducing users' learning costs through intelligent tools, and encouraging more users to enter the Web3 world. Currently, Gate is building an AI product system around the Intelligent Web3 strategy, which includes Gate AI, GateClaw, and Gate for AI Agent, accelerating the integration of AI technology into the trading ecosystem. In the future, Gate will further lower the barriers to using Web3 through intelligent products and services, enhance user experience, and drive more users into an open and intelligent Web3 world.

Famous trader Killa posted that Bitcoin's historical bear markets typically complete a 5-wave adjustment and form two significant peaks. The first peak often occurs after the initial major rebound following the top, known as the "complacency peak," where the market generally believes that the bull market has returned. Subsequently, prices usually continue to decline to new lows. He pointed out that similar structures appeared in the cycles of 2014, 2022, and 2026.After the complacency peak is formed, the market typically experiences a "dead cat bounce" and establishes a phase bottom; as market sentiment deteriorates and short positions concentrate, a short squeeze then drives the price rebound, with the final bottom usually forming after the second significant retest.Killa believes that BTC has currently swept through the bottom formed by the "dead cat bounce" and completed a 5-wave adjustment structure similar to previous cycles. From a structural perspective, the adjustment wave has ended, and the bottom may have already formed. However, he remains cautious about the time cycle. Previous bear markets typically lasted about 365 days before forming the final bottom, while this round, if the bottom has already appeared, has only lasted about 260 days, which is about 100 days earlier than the historical cycle. Currently, he maintains a 50-50 judgment, but compared to significantly making new lows, the likelihood of forming higher lows subsequently is greater.

Bubblemaps released statistics showing that among the 164,538 traders of the top 50 meme tokens by market capitalization on Robinhood Chain, 63% are in a loss position, while 37% are in a profit position. Among them, there are a total of 46 traders with profits greater than $1 million, 312 traders with profits greater than $100,000, 2,458 traders with profits greater than $10,000, and 9,774 traders with profits greater than $1,000.In terms of losses, there are a total of 5 traders with losses greater than $10 million, 7 traders with losses greater than $1 million, 86 traders with losses greater than $100,000, 822 traders with losses greater than $10,000, and 6,725 traders with losses greater than $1,000.

Well-known crypto trader Doctor Profit stated that he has closed all cryptocurrency short positions, including a Bitcoin short position established in the $115,000 to $125,000 range, another Bitcoin short position established in the $79,000 to $82,000 range, and over 100 altcoin short positions opened in the past few months, claiming that these positions have all achieved significant profits.He also mentioned that he has re-entered Bitcoin spot at $64,000, marking his first long allocation since September 2025. His plan is to invest 5% of the planned funds daily for spot purchases when Bitcoin is in the $54,000 to $64,000 range, continuing for a maximum of 20 days; if the price approaches $54,000, he will increase the buying intensity. Doctor Profit believes that there is a clear "herd behavior" in the current market: investors who were previously bullish at high levels up to $150,000 are now generally waiting for Bitcoin to drop to $40,000 to $50,000, viewing September or October as the bottom of the four-year cycle. When a large number of investors are waiting for the same price and time point, the market may not operate according to this expectation, which is why he chose to build positions in advance, judging that this round of bottom may appear earlier than the market generally expects.He also listed regulatory clarity, asset tokenization infrastructure, and institutional adoption progress as structural reasons for the shift to buying, and retracted his previous prediction that Bitcoin would drop to $40,000 to $50,000. However, he still retains all short positions in the S&P 500 index, believing that the crypto market has undergone significant repricing, while U.S. stock valuations remain relatively high.

Ostium released an update on the attack incident. Its liquidity provider fund was attacked on July 15, resulting in a loss of 23,752,746 USDC. Preliminary investigations indicate that the attacker compromised the off-chain infrastructure that provides price data to the protocol and submitted disguised illegal price reports, extracting artificially generated profits from the fund by quickly opening and closing multiple large positions.Ostium stated that traders' collateral is stored in independently isolated smart contracts and was not affected by this incident, with all trading positions remaining open. The team paused trading and froze all trading contracts within 60 minutes after the first attack transaction occurred. Currently, Ostium is collaborating with Mandiant, zeroShadow, Collisionless, SEAL 911, and law enforcement agencies, coordinating with trading platforms, bridging contracts, and stablecoin issuers to advance the investigation. The engineering team is focused on repairing and strengthening the relevant infrastructure to support the secure resumption of trading.Ostium indicated that it will notify at least 24 hours in advance before unfreezing the trading contracts. After trading resumes, existing positions will be marked at the price at the time of reopening, unaffected by price fluctuations during the pause. Addressing the affected liquidity providers and securely resuming trading remains the current top priority.

According to monitoring by Lookonchain, a trader who legally withdrew 44.26 trillion BONK from the BONK treasury and valued at 21.2 million USD has sold another 800 billion BONK today, valued at 2.48 million USD. Since the incident on July 6, BONK has dropped 40%. The trader still holds 24 trillion BONK, valued at 6.94 million USD.

Researcher Adam from Greeks.live stated that the trading of large Bitcoin call options has significantly increased, with a total of 25,766 BTC call options traded, with a nominal value of approximately $1.65 billion. Among them, nearly 10,000 sets of the 70,000/72,000 USD call bull spread expiring at the end of this month have been traded, making it the most active contract.Adam noted that with about two weeks left until expiration at the end of this month, the large-scale purchases of out-of-the-money call options that are about 10% higher than the current price reflect the market's optimistic expectations for the market trend in late this month; however, the trading strategy of using the lower-cost bull spread also indicates that the funds are primarily taking a tentative approach rather than making aggressive bets.

According to OnchainLens monitoring, a certain trader, after accumulating a loss of 4.89 million USD, has once again heavily invested in long positions, currently holding 84 BTC long positions worth approximately 5.43 million USD, with a leverage of 40 times.The account also holds long positions in HYPE worth approximately 290,000 USD and long positions in PUMP worth approximately 148,000 USD. In addition, the trader has placed a limit buy order for 6.56 BTC, worth approximately 424,000 USD, with a limit price of 64,600 USD.

According to Hyperliquid News monitoring, the largest Solana 5u8PrRBuWvVLEJrjNRNSinhH3Rsxmtx1hjUynTZP pump position currently stands at a $3.8 million short position.The trader has also placed a sell order of $4.17 million above the current price. This position accounts for 17.36% of the market's open contracts, with an unrealized profit of $45,000.

Bitcoin broke through the resistance level of $64,000 on Tuesday, reaching an intraday high of $65,511, and then reported at $64,858, down 0.18% for the day. The chart shows that the downward trend channel for Bitcoin since it approached the high of $82,000 in May has not completely failed.Technical indicators show that the 50-day moving average of Bitcoin is below the 200-day moving average, forming what traders call a "death cross." The ADX is at 23.4, indicating that the strength of the bearish trend is weakening; the RSI is at 55.7, in a neutral to slightly bullish range. Market prediction platform Myriad traders give a 66.6% probability that Bitcoin will first drop to $55,000; the probability of it rising to $84,000 first is 33.4%. This probability has not changed significantly with recent price fluctuations.

According to Onchain Lens monitoring, a trader continued to establish a long position with full margin after accumulating a profit of $863,200 on Hyperliquid, with a total position size of approximately $13.31 million.This includes 90 bitcoins (approximately $587,000, 40x leverage), 70,000 Solana (approximately $550,000, 20x leverage), and 1,000 ethers (approximately $193,000, 25x leverage).

According to monitoring by Lookonchain, after losing 46.46 million USD from shorting HYPE, Hyperliquid's well-known trader Loracle opened a new position today: going long on SKHX while shorting crude oil.Its profit and loss performance has been like a roller coaster, once reaching a peak profit of 42.87 million USD, then turning into a loss of 17.27 million USD, and currently rising again to an overall profit of 2.06 million USD.