The miners’ cycle pressure composite indicator has dropped to its lowest level since 2026, entering a historically undervalued range.

According to Hyperinsight monitoring, HYPE has extended its rally since last night, bouncing back to $72 this morning. Open interest for the HYPE contract on Hyperliquid has exceeded $1.59 billion, with 24-hour trading volume reaching $250 million. The biggest beneficiary of this rally is a whale linked to "suspected HYPE listing insider info", whose unrealized profit has expanded to $46 million. Currently, this address holds a long position of 1.38 million HYPE with 5x leverage, with the position valued at approximately $99.5 million, average entry price of $38.67, return rate of 432%, and liquidation price of $54.1. HyperInsight Bot is now live: add @HyperInsightBot to your Telegram group, set it as an admin (message sending permission must be enabled), and it will automatically sync on-chain information.

According to OnchainLens monitoring, a newly created wallet with address 0x016 deposited approximately $2.67 million in USDC into Hyperliquid, then opened a $1.62 million long LIT position using 2x leverage. The position is currently profitable, with an unrealized gain of over $330,000.

Amazon Web Services (AWS) has notified its relevant supply chain partners that it will increase its shipment volume in the third quarter of 2026, with an estimated 20% to 30% rise from the original plan, indicating AWS’s optimism about the sales outlook for Trainium 3. (Jinshi)

According to Lookonchain’s monitoring, an abnormal transaction by a crypto whale shows the entity swapped 1,126.44 ETH (valued at approximately $2.01 million) for 5,776 LIT (worth around $14,000), incurring an unrealized loss of nearly $2 million. The transaction’s execution price deviated extremely from the market value, resulting in massive slippage losses.

EthLabs founder Barnabé Monnot (barnabé.eth) has published his "Week 2" update, recapping the team’s latest progress in the launch and funding phases, as well as key ecosystem discussion priorities. On interoperability, the team said it is growing more confident in "zero-knowledge (zk)-based asynchronous interoperability", which it believes will help build more secure cross-chain bridges and improve the native distribution of assets across Ethereum’s multi-layered networks. Current cross-chain paths still face latency issues, particularly for L2→L1 transfers; against this backdrop, the intents mechanism can act as a transitional solution, while L1’s ample liquidity supports matching with cross-chain solvers. Additionally, L1→L2 paths are expected to drastically cut confirmation latency via the Fast Confirmation Rule (FCR), with clients already beginning to integrate the mechanism. In ecosystem discussions, PropAMMs (proposal-based automated market makers) have emerged as a recent focus for multiple teams and researchers, centered on their potential to optimize the balance between L1 execution efficiency and block building. Meanwhile, ENS is highlighted as "critical Ethereum infrastructure", with the team continuing to engage relevant stakeholders to advance its development. For team expansion, EthLabs has received over 300 applications to date, having processed roughly 20% of them. The team aims to grow to around 10 members in the short term, and roughly 20 in the medium term, prioritizing talent with engineering capabilities and domain expertise. On the funding front, EthLabs noted its current financing round is nearing completion, having secured early backing from investors including BitMNR, Sharplink, and Ethereum Joseph. It plans to add 1–2 core investors before moving to the next phase.

According to monitoring by OnchainLens, a newly created wallet withdrew approximately 323.72 Bitcoin from Binance in the past hour, valued at around $20.59 million.