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BitMEX has replaced its CEO, with its Chief Financial Officer (CFO) and Chief Growth Officer (CGO) stepping down.

1 hours ago

The troubled cryptocurrency exchange BitMEX, which is seeking a sale, has undergone significant management changes: Chief Executive Officer Stephan Lutz, Chief Financial Officer Ina Steiner, and Chief Growth Officer Raphael Polansky have all departed the firm. Peter Wilkinson, the company’s former Global General Counsel and Chief Operating Officer, has assumed the role of CEO. These personnel shifts are reflected in the recent LinkedIn updates of the relevant individuals. As of press time, Peter Wilkinson, Stephan Lutz, Ina Steiner, and Raphael Polansky have not immediately responded to requests for comment.

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The $ANSEM perps are now live on @Aster_DEX. Trader 0x2ea2 opened a 3x short on 80,000 $ANSEM($7.46K) at $0.12 and is already up $1,986(+80%).

The $ANSEM perps are now live on @Aster_DEX. Trader 0x2ea2 opened a 3x short on 80,000 $ANSEM($7.46K) at $0.12 and is already up $1,986(+80%).

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A crypto whale spent $20.34 million to add 340 BTC to its holdings.

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Battery technology firm Solidion to acquire SpaceX shares as strategic reserve assets.

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Iran's President: $6 billion of Iran's assets to be unfrozen

According to Iran's Islamic Republic News Agency (IRNA) on the 29th, Iranian President Masoud Pezeshkian stated the same day that $6 billion of Iran’s $12 billion in assets frozen in Qatar will be unfrozen and returned to Iran.

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A crypto whale opened a long position in MU with 10x leverage, totaling $4 million.

According to Hyperinsight’s monitoring, over the past two hours, the whale codenamed "Commodities Trader" (0x9e8) on Hyperliquid—who previously pocketed $3.1 million from shorting crude oil—has opened a new 10x leveraged long position in MU (Micron Technology) worth $4 million, with an average entry price of roughly $1,155, and has now posted a small unrealized profit. On-chain large MU holders remain net bearish overall, with total positions of approximately $166 million: $67.45 million in longs and $98.17 million in shorts. The average entry price for whale long positions is $1,090.74, while that for short positions is $995.66. The recent short liquidation price stands at $1,352.65, and the recent long liquidation price is $738.42, meaning short liquidation pressure is likely to be released earlier than long liquidation pressure.

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On-chain data shows that the largest long position holder of ZHIPU is less than $27 away from liquidation, with unrealized losses expanding to 63.5%.

According to Hyperinsight monitoring, ZHIPU has fallen 28% from its recent high over the past week, currently trading at $251 on Hyperliquid, with a 3.8% drop in the last 24 hours. Alongside the price decline from its peak, the largest long position holder of ZHIPU on the platform is approaching liquidation, with only a $27 gap to the liquidation price of $224. This whale opened a $1.01 million long position on June 26 at an average entry price of $268.58, and is currently facing an unrealized loss of 63.5%. The main pressure factor in the market recently stems from the upcoming unlock of shares held by cornerstone investors on July 8. At that time, the number of free-floating shares is expected to increase approximately threefold from the current level, raising concerns about potential selling pressure.

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