Solana staking protocol Fragmetric completes $7 million seed round

Leading Chinese semiconductor design firm GigaDevice Semiconductor Inc. (兆易创新) released its interim report, posting revenue of 11.566 billion yuan, up 178.67% year-on-year, and net profit attributable to shareholders of the listed company of 6.857 billion yuan, surging 1091.5% year-on-year. The company’s Q2 net profit stood at 5.396 billion yuan, compared with 1.461 billion yuan in Q1, marking a 269% sequential increase.

This guy spent just $148 to buy 37.96M $牛来, now worth $1.3M. But he sold everything too early for a profit of $1.43K He missed out on a $1.3M profit. Wallet: 0xb0d0c4c1ee4ba9fac874db4ede587718ad9484d9

According to Lookonchain’s monitoring, a trader spent just $148 to purchase 37.96 million tokens of “Niu Lai”; the current value of these tokens is roughly $1.3 million. However, the trader sold all their holdings prematurely, reaping only about $1,430 in profit and missing out on approximately $1.3 million in potential gains.

According to EmberCN’s monitoring, an address that purchased the meme coin “Niu Lai” on its launch day turned $121 into $311,000, securing a 2,527-fold profit by entering early and holding the tokens long-term. It spent $121 to buy 19.1 million Niu Lai tokens on the 13th, when the coin’s market cap stood at $6,340. Between the 15th and 16th, it sold 14.1 million tokens in multiple transactions, reaping $127,000 in profits, and still holds 5 million tokens valued at $186,000.

Bank of America Chief Investment Strategist Michael Hartnett said global bullish investors have lifted their stock holdings to the highest level in nearly five years, with almost no short sellers left. BofA’s latest global fund manager survey shows a net 56% of fund managers are overweight on stocks, the highest level since November 2021. Cash allocations have fallen to an "extremely low" 3.5%. As global investors raise their stock positions, market risk appetite has clearly heated up, though this also means further upside for bullish positions may be limited. Hartnett believes current investor allocations have become crowded, and bearish forces in the market are declining. Driven by factors such as expectations of a soft economic landing, the AI investment boom, and improved liquidity outlooks, institutional investors’ willingness to allocate to risk assets continues to strengthen. At the same time, the low cash holding ratio means that once adverse factors emerge in the market, pressure to adjust investment portfolios may rise.

According to market data from BIT (bit.com), losses in the U.S. stock pre-market session for the storage sector have widened further, with all major individual stocks declining by more than 5%. Specifically: SanDisk (SNDK) fell 5.95%; Seagate Technology (STX) dropped 5.91%; Western Digital (WDC) declined 6.3%; Micron Technology (MU) fell 5.06%; and SK Hynix ADR dropped 5.4%.