Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

Data from prediction market platform Predict.fun shows that following Trump’s remarks, the probability of the Clarity Act being passed this year has edged up from 18% to 22%, indicating the market still has low confidence in the bill’s passage this year. According to yesterday’s reports, U.S. President Donald Trump, during a White House meeting with executives from the crypto industry and financial institutions, called on Congress to pass a "fair version" of the Clarity Act (Crypto Market Structure Act) to establish a clearer regulatory framework for digital assets.

According to monitoring by TradingBeats (formerly Hyperinsight), the largest HYPE long address on Hyperliquid—0x082e...ca88—currently holds around 1.38 million HYPE long positions, with a position value of roughly $98.12 million, an average entry price of $38.6755, unrealized profit of about $44.75 million, and uses 5x full leverage. The address opened a HYPE long position worth approximately $40 million with 5x leverage roughly 5 hours before Robinhood announced the listing of HYPE spot trading on October 23, 2025. Due to the extremely precise timing of its heavy entry, the community suspected it had non-public information, earning it the nickname "HYPE Listing Insider Whale". Between December 5 and 6 that same year, the address added around 93,500 HYPE in the $31–$32 range, bringing its total current holdings to about 1.38 million HYPE, and has held the contract positions ever since. It has so far paid $4.71 million in funding fees for its long positions.

Against the backdrop of a rapid rise in U.S. long-term Treasury yields, one or more investors made large purchases of a U.S. Treasury ETF highly sensitive to long-end interest rate changes, one day before the U.S. Treasury Department announced an expansion of its repurchase operations. The $1.5 billion Pimco 25+ Year Zero Coupon U.S. Treasury Index ETF (ZROZ) saw a net inflow of $123 million on Tuesday, hitting an all-time high for the fund; its trading volume reached 5.2 million shares, nearly double the previous peak set in 2024. ZROZ primarily invests in Separate Trading of Registered Interest and Principal of Securities (STRIPS), zero-coupon securities created by splitting the principal and interest payments of Treasury bonds. The fund’s portfolio has an effective duration of approximately 28 years, meaning its bond price would theoretically rise by around 28% if yields fall by 1 percentage point, making it essentially a highly sensitive instrument for betting on changes in U.S. long-term interest rates. The fund rose 3.2% on Wednesday, marking its largest single-day gain since November 2024.

According to an official announcement, Binance has decided to delist the following cryptocurrencies and halt trading for them at 11:00 (GMT+8) on September 3, 2026, based on recent review results: ICON (ICX), Secret (SCRT), Storj (STORJ).

Prediction market platform Predict.fun data shows that after Trump’s remarks, the probability of the Clarity Act being passed this year has edged up from 18% to 22%, indicating the market still has limited optimism about the bill becoming law this year. Yesterday, U.S. President Trump held a meeting with executives from the crypto industry and financial institutions at the White House, where he urged Congress to pass a "fair version" of the Clarity Act (Crypto Market Structure Act) to establish a clearer regulatory framework for digital assets.

According to HTX market data, STORJ has fallen over 9% in the past hour, currently trading at $0.0375. ICX is down 11%, while SCRT has dropped 3% in the last hour and 16% over 24 hours. Earlier reports noted that Binance announced it will delist STORJ, ICX, and SCRT.