Ethereum Pectra Upgrade has been activated on the Sepolia testnet, entering the final testing phase

According to on-chain analyst Ai Yi (@ai_9684xtpa), a certain VVV smart money address has reduced its position again after a half-month hiatus. The address deposited 100,908 VVV tokens into Coinbase 3 hours ago, worth approximately $2.34 million. Over the past four months, it has accumulated total deposits of 562,000 VVV tokens at an average price of $21.26, for a total value of $11.97 million, with estimated per-token profits exceeding $9.84 million.

According to on-chain analyst Yu Jin Monitoring, as of press time, a whale or institutional entity has sold a total of 837.8 BTC and purchased 27,500 ETH worth approximately $69.68 million, with an average purchase price of $2,534 for ETH. The entity’s transaction flow: It transferred on-chain BTC withdrawn from HTX a year and a half ago to Hyperliquid, sold the BTC for USDC; then withdrew the USDC to Arbitrum, bridged it to Ethereum, and finally bought ETH on-chain.

Multiple sources familiar with the matter told Caijing Magazine that large language model startup DeepSeek will soon close its latest funding round, with the total capital raised rising from the previously planned 50 billion yuan to around 100 billion yuan. This marks DeepSeek’s second financing round, where the planned investment amount has doubled in less than half a month. New and existing shareholders will each account for roughly half of the total funding. Despite the doubling in financing scale, DeepSeek’s pre-money valuation remains unchanged at approximately 500 billion yuan. New investors in this round include Shixi Capital, SMIC Pi Capital, CPE Source Capital, Legend Capital, and Geely, among others, with industrial investors forming the majority of the new backers. (Caijing Magazine)

Beating AI News: The long-teased X Subscription has officially launched. The new offering bundles X Premium, Grok, Grok Bot, and Cursor into a single subscription, with four paid tiers priced at $8, $30, $100, and $200 per month, plus a free tier. The most notable tier is the $30 monthly Premium plan. Per official details, this package combines benefits from the previously separate X Premium+, SuperGrok, and Cursor Pro—totaling $90 monthly in individual costs—plus access to Grok Bot, Cursor’s cloud Agent, and code review features. The two higher tiers primarily increase usage allowances, set at 15x and 50x the $8 base plan’s limits, respectively. However, the new billing structure differs from prior plans: Grok, Grok Bot, and Cursor share a single weekly-refreshed allowance, which applies mainly to Grok’s native models. The company states that the new plan’s Grok model programming allowance is at least double that of the old Cursor Pro plan. That said, accessing third-party models like Claude and GPT via Cursor will still require additional payments based on API rates. Existing X Premium, SuperGrok, and Cursor members can either retain their current plans or choose to migrate. Eligible old subscriptions will receive pro-rated refunds for remaining time, but account merges are irreversible—users cannot revert to their original plans after switching.

According to market data from BIT (bit.com), South Korea’s KOSPI index has extended its decline to 6%, SK Hynix has slumped 9%, while Samsung Electronics’ drop has widened to 7%.

According to Lookonchain’s monitoring, trader AguilaTrades, who has suffered a total loss of $38 million, has re-entered the market. Four hours ago, he opened a short position of 124.24 BTC with 40x leverage, valued at approximately $10.14 million. He is currently sitting on an unrealized profit of around $165,000, with a liquidation price of $83,432.22.