Gaokai Technology Surges Over 240% in Opening Trading on Its First Day of Listing

HIP-3 market deployer Entropy has launched the platform’s first Anthropic Pre-IPO market on Hyperliquid. ANTH rose 2.9% over the past 24 hours, currently trading at $1,965.4, with a 24-hour trading volume of $2.94 million and contract open interest reaching $2.06 million.

Bitmine Chairman Tom Lee publicly outlined the company’s 10-year strategic vision, explicitly positioning Ethereum as the core infrastructure for future tokenization and artificial intelligence applications. Bitmine’s true historical contribution lies in helping Ethereum maintain its status as the most important public blockchain in the future. When discussing the long-term competition between Ethereum and Bitcoin, Lee stated that the claim of ETH’s market capitalization overtaking BTC is "very well-founded." He also projected massive upside potential for Ethereum’s price, noting: "Whether it’s $50,000, $100,000, or $200,000, the returns for our shareholders will be legendary."

South Korean crypto exchange Upbit operator Dunamu has responded to U.S. listing rumors, confirming it has held discussions with the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), but noting that a U.S. listing has not been finalized, nor has the company converted its financial statements to U.S. Generally Accepted Accounting Principles (GAAP). Dunamu added that it is currently working with Naver Financial to complete a share swap by December 31, with respective valuations of 15 trillion won and 5 trillion won. The swap ratio is roughly 2.54 Naver Financial shares per Dunamu share. Upon completion of the transaction, the two parties plan to set up an IPO committee within a year to pursue the listing. Market observers point to Nasdaq as a potential listing venue, primarily because Naver is already listed on a South Korean exchange; if Dunamu were to list again in South Korea as its subsidiary, it could face regulatory restrictions on "duplicate listings of parent and subsidiary entities." If Dunamu ultimately opts for a U.S. listing, it may do so via American Depositary Receipts (ADRs). The firm’s South Korean legal entity and Upbit operations will remain intact, and user services such as won-denominated deposits and withdrawals are not expected to be directly impacted.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that went long on $71.8 million worth of BTC and ETH last night has exited its position after taking profits, earning $852,000 in just four hours of holding. The whale has now placed a limit buy order for 1,000 BTC (worth approximately $73.53 million) in the $72,611–$74,222 range, and plans to buy the dip if the crypto price falls into this zone.

According to Onchain Lens monitoring, a crypto whale has once again withdrawn 46,800 HYPE tokens (valued at roughly $3.65 million) from Coinbase Prime. The whale has now amassed a total of 80,600 HYPE tokens, worth approximately $5.53 million.

According to Yu Jian Monitoring, the address of F2Pool co-founder Wang Chun sold an additional 6,609 ETH (valued at approximately $16.63 million) 10 hours ago. Since the start of the current rally, he has cumulatively reduced his ETH holdings by 23,378 ETH, worth around $55.06 million.