Trader Loracle’s unrealized losses from shorting CASHCAT and PONS have widened to $4.07 million.

According to on-chain analytics account AI Yi’s monitoring, Multicoin Capital has reportedly sold a total of roughly $112 million worth of HYPE since July 28, generating an estimated profit of $64.08 million with a return of over 134%. Per the monitoring, the entity built a position of 4.95 million HYPE tokens from Galaxy Digital between January and July this year at an average price of $32.32 per token. As HYPE’s price continued to climb, Multicoin has been taking partial profits by transferring tokens to exchanges, with multiple recent HYPE transfers to Coinbase. The most recent transfer took place around 3 hours ago, involving approximately 150,000 HYPE tokens valued at roughly $12.78 million.

According to Lookonchain’s monitoring, crypto KOL Unipcs’ portfolio has grown by roughly $6.3 million over the past 24 hours. The KOL previously spent just $67,700 to acquire 10.9 million PONS tokens and has not sold any of the holdings since. The current value of his PONS stake has surged to approximately $7.52 million, translating to an unrealized profit of around $7.45 million and a return on investment (ROI) of over 110 times.

According to HTX market data, LIT has surged over 16% in the past 24 hours, extending its multi-day rally. Its market capitalization has crossed $1.1 billion, currently trading at $4.41, with a 113.9% gain over the last 30 days.

According to HTX market data, HYPE once broke through $88 this morning, hitting a new all-time high, and has now pulled back to $86.90. The token has risen 6.3% in the past 24 hours and over 57% in the past 30 days.

Beating AI News Flash: According to Bloomberg’s report citing people familiar with the matter, AI company Anthropic is on the verge of finalizing an expansion of its revolving credit facility to $15 billion, a move that clears a major hurdle for its highly anticipated U.S. public IPO filing. The new facility is significantly larger than the company’s earlier target of roughly $10 billion, and also exceeds the $2.5 billion five-year revolving credit line it obtained last year. Morgan Stanley is leading the credit arrangement, with Goldman Sachs, JPMorgan Chase, and Citigroup serving as key participants; these four institutions are also the primary underwriters for Anthropic’s upcoming IPO, while Barclays and Wells Fargo are expected to play critical roles as well. Sources added that the total funds Anthropic aims to raise via its IPO may reach or even exceed that of SpaceX. The company’s current annualized revenue stands at over $65 billion, though the specific IPO size and credit arrangement details remain subject to change.

Beating AI News: AI data center startup Crusoe has signed a five-year cloud services agreement worth approximately $13 billion with quantitative trading firm Jane Street Group. Under the deal, Crusoe will supply Jane Street with advanced AI chip clusters (GPUs) and other infrastructure required for AI training and inference via its cloud platform. Jane Street is one of Crusoe’s largest cloud business clients to date. The agreement has also further boosted investor interest in Crusoe’s latest financing round. Reports indicate that Crusoe recently closed over $30 billion in financing, with the company valued at approximately $300 billion. Crusoe initially primarily utilized waste natural gas from the energy sector to power cryptocurrency mining, later pivoted to the AI infrastructure space, and has already secured AI computing power partnerships with firms including Meta and Oracle. As demand for AI computing power continues to rise among financial institutions and large enterprises, GPU cloud service providers are emerging as key players in the AI infrastructure market.