Citrini’s View: Nvidia’s Moat Remains Deep; HBM4 Costs Doubling Drives Up Rubin’s Pricing, With Its High Gross Margins and Strong Pricing Power Unshaken.

According to OnchainLens monitoring, Hyperliquid repurchased and burned 32,770 HYPE tokens over the past 24 hours. At an average price of $81.01, this operation is valued at approximately $2.65 million. As of now, Hyperliquid has cumulatively burned around 48.57 million HYPE tokens, meaning roughly 4.86% of its maximum token supply has been permanently removed. Hyperliquid’s HYPE repurchase mechanism is primarily driven by the platform’s trading fees: the protocol uses the relevant revenue to repurchase HYPE on the market before burning it. Recent on-chain data also shows this mechanism remains operational.

According to EmberCN’s monitoring, a whale who previously offloaded 50,600 ETH at an average price of $2,921 at the end of last year, locking in around $19.02 million in profits, has re-entered the market to buy BTC after staying inactive for roughly 8 months. The whale has recently conducted continuous cross-chain swaps via THORChain, spending a total of $85.42 million in USDC over 4 days to acquire 1,075.6 BTC at an average cost of around $79,412, including approximately $170,000 in swap fees paid to THORChain. Around September 9 alone, the address bought 179.8 BTC using $14.2 million in USDC within 24 hours, at an average transaction price of roughly $78,955.

Insight Beating AI Flash News: The AI community is abuzz with rumors that Google DeepMind has achieved RSI. RSI stands for Recursive Self-Improvement, widely regarded as a critical step toward superintelligence. AI systems can independently refine training methods, code, and models to build stronger next-generation versions, which then undergo further upgrades. If fully realized, AI development could enter a self-accelerating cycle. The rumor originated when leaker account lyra sent Google DeepMind a message reading "huge congRatulationS Indeed!", with three capitalized letters spelling out RSI. Shortly after, user Lentils shared an alleged internal model list featuring "rsi-model-liverl-le". He also claimed Google has 10 slots for training models of the same series, though no corresponding screenshots were provided. The rumor is not entirely unfounded. Reuters reported in August that Google co-founder Sergey Brin had tasked DeepMind with accelerating Gemini development and prioritizing recursive self-improvement. DeepMind’s official report in June also listed "recursive improvement" as one of four potential paths from AGI to ASI.

Meme coin launch platform LONG has announced the launch of Pre-IPO trading pairs for OpenAI and Anthropic, with perpetual contract infrastructure provided by Lighter. Long.xyz stated that the platform has established paired liquidity pools for OpenAI, Anthropic, and NVIDIA, with 1x leverage for OpenAI and Anthropic, and 3x leverage for NVIDIA. For the early market, the platform adopts a customized liquidity design to gradually expand liquidity with lower market depth. It is important to note that Pre-IPO contracts do not represent actual ownership of OpenAI or Anthropic shares, but rather track the valuation expectations of these private companies. Lighter’s current OpenAI and Anthropic contracts support a maximum leverage of 5x and use an internal pricing mechanism. Long.xyz emphasized that Pre-IPO trading is still in the experimental stage, and the platform will gradually adjust related products based on market performance. Recent rising expectations for OpenAI and Anthropic’s IPOs have also driven a rapid increase in such on-chain pre-IPO trading products. A new on-chain trading format has emerged: tokenized long positions paired with Memecoins to offer speculative exposure, an upgraded version of the earlier gameplay where stock tokens like NVDA were paired with Memecoins. However, related tokens are highly volatile and carry significant uncertainty, so users should exercise caution when investing.

Beating AI News Flash: Discovery Loop, founded by former Google Chief Scientist Jeff Dean after leaving Google, is in talks for a new round of financing. Business Insider, citing people familiar with the matter, reported that the company is seeking a valuation of around $50 billion. Just a few weeks ago, it was in talks for a $10 billion funding round at a $10 billion valuation. The latest deal has not been finalized, and the company has not confirmed it. Discovery Loop was founded only in early August. All four founders are from Google; besides Dean, they include Sanjay Ghemawat, Quoc Le, and Oriol Vinyals. It aims to use AI to automate the entire workflow of "proposing experiments, running them, reviewing results, and iterating", with the ability to run thousands of experiments in parallel at once. Its first step will be to test this on machine learning research itself, before expanding to scientific and engineering problems such as pharmaceuticals and semiconductors. Currently, its official website mainly outlines the technical roadmap and recruitment, with no official product launched yet. Alphabet, Google’s parent company, is both Discovery Loop’s founding investor and cloud partner; Radical Ventures, Khosla Ventures, and others have also participated in its financing. The company was established just over a month ago, has no public product yet, but its valuation target has jumped from $10 billion to $50 billion—investors are currently betting heavily on this founding team.

According to GMGN market data, the new meme coin ANTHROPIG in the Robinhood ecosystem briefly surpassed $4 million in market capitalization, and has now fallen back to $2.92 million. ANTHROPIG’s core narrative centers on the theme of “Anthropic pig / pigified Anthropic”, directly capitalizing on the hype around Long.xyz’s upcoming or already supported Anthropic tokenized 1x long position (ANTHROPICx1L). Trading is paired via the Long.xyz platform with ANTHROPICx1L (Anthropic 1x Long tokenized position). Long.xyz is a launchpad that creates meme coins using Robinhood’s on-chain stock tokens (or similar exposures) as liquidity pools, packaging leveraged long positions provided by Lighter into ERC-20 tokens. Anthropic currently has high IPO expectations, but as an unlisted company, traditional markets do not offer direct long access. On-chain, such tokenized long positions paired with meme coins provide speculative exposure — an upgraded version of the earlier play where stock tokens like NVDA were paired with meme coins. BlockBeats reminds users that related token prices are highly volatile and carry significant uncertainty, so users should exercise caution when investing. In a prior report, crypto KOL @StandartXBT analyzed the code of Long.xyz’s factory (the Robinhood on-chain crypto-stock meme coin issuance platform) and made a viral claim that the platform may support tokenized 1x long position liquidity pools for OpenAI and Anthropic, with related tokens backed by Lighter.