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The9 Limited, the mainland Chinese operator of World of Warcraft, has launched the Web3 game platform the9bit through its Hong Kong subsidiary.

17 hours ago

On August 1st, the Nasdaq-listed company The9 Limited announced that its wholly-owned Hong Kong subsidiary, Vast Ocean International Limited, has launched the Web3 gaming platform the9bit. The9bit has formed a strategic partnership with the blockchain gaming guild Yield Guild Games (YGG). It is reported that the9bit will be integrated into YGG's official onboarding channel and blockchain gaming guild activities. It is reported that from 2005 to 2009, The9 Limited was the exclusive operator of World of Warcraft in mainland China.
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Hyperliquid Whale Fund Movement: Over $150 million USDC withdrawn in 24 hours, with three addresses depositing $20 million USDC against the trend

August 2nd. Based on the monitoring of HyperInsight at HyperInsight, in the past 24 hours, several whales have carried out large-scale fund operations, and the fund flow shows a confrontation between long and short positions: 【Large Withdrawals】 The whale with the address starting with 0x5b5d51 withdrew approximately 54 million USDC; The whale with the address starting with 0xB83DE0 withdrew about 32 million USDC; The whale with the address starting with 0x97E5b0 withdrew around 30.73 million USDC; The whale with the address starting with 0x8607a7 (within 4 hours) withdrew about 10 million USDC; The whale with the address starting with 0x418AA6 (within 4 hours) withdrew approximately 2.5 million USDC; 【Against the Trend Deposits】 The whale with the address starting with 0x1807cfb deposited about 7 million USDC; The whale with the address starting with 0xB8B9E3 deposited around 6.12 million USDC; The whale with the address st

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「Insider Trader」 @qwatio's BTC & ETH Double Short Position is currently up nearly $6 million

On August 2nd, according to on-chain analyst Ai Auntie (@ai_9684xtpa), with the continuous decline of the market, the "insider trader" @qwatio's BTCD double short position is now showing a profit of $5.859 million.

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「ETH Version of MicroStrategy」 SharpLink (SBET) increased its ETH holdings by 14,900 coins and has set aside 55.56 million U for another purchase.

On August 2nd, as monitored by on-chain data analyst Yu Jin, the "ETH Version MicroStrategy" stock SharpLink (SBET) transferred 53 million USDC to the Galaxy Digital address within the past 7 hours. Then, 2 hours ago, it received 14,933 ETH with a purchase price of approximately $3,550. After receiving the ETH, it transferred another 55.56 million USDC to Galaxy Digital to continue purchasing ETH. The total expenditure was $108 million. Since early June, SharpLink Gaming has been operating in a micro-strategy mode to accumulate ETH. As of today, it has accumulated 464,000 ETH, which is now worth $1.62 billion. The comprehensive average purchase price is about $3,029, and the current unrealized gain is $214 million.

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[Quad-Short ETH Whale with 75% Win Rate] Added to Short Position 3 Hours Ago with 20,000 ETH, Position Value Now $140 Million

On August 2nd, according to the monitoring of on-chain data analyst Yu Jin, the [Four-Battle ETH 75% Win Rate Whale] continued to increase their short position by 20,000 ETH three hours ago. Currently, their short position has a floating profit of 7.5 million. It is reported that this address shorted 20,000 ETH at a price of $3,843 on July 28th. Early this morning, they added to their short position by shorting another 20,000 ETH at a price of $3,535. Currently, their position details are as follows: They have 15 times short positions of 40,000 ETH. The position value is $140 million. The opening price is $3,689 and the liquidation price is $3,717.

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US Stock Crypto Stocks See Larger Declines than Altcoins, with COIN Plummeting by 16.7% and VAPE Dropping Over 20% Again

On August 2nd, based on the data from rockflow, the U.S. stock market closed significantly lower on Friday. The three major indices experienced a sharp decline. The Dow fell by 1.23%, the S&P 500 dropped by 1.6%, and the Nasdaq fell by 2.24%. Cryptocurrency-related stocks generally showed a downward trend, including: Coinbase (COIN) decreased by 16.70% with a trading volume of $10.53 billion. Circle (CRCL) fell by 8.40% and had a trading volume of $2.26 billion. MicroStrategy (MSTR) declined by 8.77% with a trading volume of $8.197 billion. Galaxy Digital (GLXY) fell by 5.40% and had a trading volume of $2.57 billion. MARA Holdings (MARA) decreased by 3.61% with a trading volume of $673 million. Riot Blockchain (RIOT) fell by 17.75% with a trading volume of $568 million. BTCS (BTCS) dropped by 11.16% with a trading volume of $21.335 million. Bit Digital (BTBT) fell by 6.53% with a trading volume of $55.934 million. SharpLink Gaming (SBET) fell by 8.88% with a trading volume of $5.20 bi

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Trump Vows to "Fire Powell on the Spot," Then Says He Will Likely Stay

On August 2nd, President Trump said in an interview with Newsmax that he would "have no hesitation in firing Federal Reserve Chairman Powell." At the same time, he mentioned that "firing Powell would disrupt the market." He criticized that "the Fed's interest rate is too high" and also stated that Powell is "very likely" to continue to serve as the chairman. (FXStreet)

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