「$2249 Short ETH」 Whale Once Again Reduces Position, Unrealized Losses Reach $12.26M, Stuck in a Rolling Position for Five Months

On September 10th, Nass Eddequiouaq, the co-founder of Bastion Platform, stated at the "USDH Stablecoin Roundtable" hosted by Hyperliquid that they are inclined to motivate the migration of tens of billions of dollars in liquidity from USDC on Hyperliquid to USDH by means of a cost-reimbursement mechanism. Bastion Platform considers that the most crucial core element is to establish a robust flywheel effect: continuously drive the conversion from USDC to USDH through incentive mechanisms and ensure that all new markets constructed on USDH utilize USDH natively instead of USDC. We should transfer the existing ecosystem to this community-benefiting financial system, while all new ecosystems should no longer be encumbered by the legacy monetary system and must be inherently built on top of USDH. BlockBeats previously reported that last Friday, Hyperliquid announced the launch of a "USDH Stablecoin prioritizing Hyperliquid, in line with the Hyperliquid ethos, and compliant", and reserved

On September 10th, according to official information, Coinbase is going to list Avantis (AVNT) for spot trading. Provided that liquidity conditions are satisfied, the AVNT-USD trading pair will be accessible later today in the supported regions.

On September 10th, according to official channels, Coinbase's international site is scheduled to launch perpetual contract trading for CGLD, MINA, and LAYER on September 11th.

On September 10th, Bubblemaps published an article stating that an entity received a $170 million MYX airdrop. Approximately 100 new addresses showed on-chain activity that was identical. These addresses had received funds from OKX a month prior to the airdrop, and each address received a similar amount of BNB, fulfilling the airdrop criteria. These addresses collectively claimed 9.8 million MYX tokens, which is approximately 1% of the total supply. Most of these addresses initiated the claim request almost simultaneously around 5:30 am on May 7th. Before this, these addresses had no on-chain activity, and the patterns of fund acquisition and claiming were highly consistent. Bubblemaps pointed out that this coincidence is unlikely to be a random event and may represent the largest airdrop rug pull in history.

On September 10th, according to Forbes, Eric Trump, the son of former President Donald Trump, has been removed from the board of directors of ALT5 Sigma Treasury Company under World Liberty Financial due to NASDAQ regulations.

On September 9th, Rune, a co-founder of Sky, stated at the "USDH Stablecoin Roundtable Conference" held by Hyperliquid that decentralization is the original intention of our participation in cryptocurrency. The traditional financial system is starting to accept and embrace cryptocurrency, and providing a path with licensing and compliance mechanisms is a good bridge. We need to move forward in a way that does not abandon the core advantage of decentralization while also not losing the original characteristics of cryptocurrency. The method that Sky provides to the Hyperliquid community for USDH is to initially launch a fully decentralized stablecoin. A decentralized stablecoin design inherently has many protective mechanisms that can prevent problems such as corruption or incompetence that may occur due to a centralized issuer, thus users already have built-in protection. However, it is clear that regulatory approval is still required, as well as additional clarity, which is very benefi