Lookonchain APP

App Store

Trader Eugene’s first remarks after shifting to US stocks: The US stock market is more challenging to navigate than the crypto market, and the AI semiconductor sector is set to kick off the next rally.

1 hours ago

Trader Eugene Ng Ah Sio posted on his personal channel that over the past six months, he has been systematically learning AI stocks—a brand-new asset class—and has witnessed the largest volatility event in stock market history, gaining numerous new trading experiences from the episode. He noted that this experience is quite similar to when he entered the crypto market in 2021. Although trading advantages in the stock market are significantly weaker than in crypto, he does not regret his decision to shift to AI stocks. Eugene added that some trading patterns still hold up in the stock market, but overall, the market is more challenging to navigate, involving more influencing factors and stakeholders. By contrast, the crypto market functions as a relatively independent "sandbox." However, AI remains in the early stage of rapid development, with abundant notable opportunities across the industry and a very steep learning curve. He believes that for speculators, growing personal net worth tenfold via tech stocks may be easier than investing in crypto right now—a trend that will persist over the next three years as the market progresses toward artificial superintelligence (ASI). Eugene further stated that ultimately, choosing the right sector matters more than relative trading advantages. He views the AI semiconductor sector as entering a new rally, and Anthropic’s IPO and subsequent model releases could serve as key catalysts, adding that he is looking forward to potential upcoming market volatility.

Relevant content

Runway acquires Paris-based AI firm Kinetix, as world models begin their foray into robotics.

Beating AI Insight News Brief: AI video and world model company Runway has acquired Paris-based AI research firm Kinetix. Seven Kinetix employees are joining Runway, with the acquisition amount undisclosed. Kinetix specializes in research on 3D human motion and physics-compliant video generation. The team will join Runway’s Paris research center, focusing on developing world models for robotics.

17 minutes ago

Runway's annual recurring revenue (ARR) has doubled to $200 million over five months, with the company targeting $350 million by year-end.

Beating AI News reports: Anastasis Germanidis, co-founder and co-CEO of AI video and world model firm Runway, stated that the company’s annual recurring revenue (ARR) topped $200 million last week, doubling from $100 million in April over five months. Bloomberg, citing insiders, noted Runway expects its ARR to exceed $350 million by the end of this year. A large portion of recent growth stems from enterprise clients. Runway disclosed in August its net revenue retention (NRR) surpassed 300%, with one Fortune 20 client seeing usage grow 17 times this year. Enterprises including Amazon, Microsoft, Adobe, and Robinhood are all using Runway.

17 minutes ago

VVV surges to $29.75, hitting a new all-time high, with more than 60% gain in 24 hours.

According to GMGN data, Venice (VVV) has hit a new all-time high of $29.75, and is currently trading at $27.96, with a 60.09% gain in the past 24 hours. On the news front, Venice’s official team announced on social media that it has executed its latest discretionary VVV token burn, totaling approximately $391,000 worth of VVV tokens — the largest such burn to date.

17 minutes ago

LIT’s rally forces short sellers to trigger stop-losses one after another, with $6 million in remaining positions still only 2.6% away from liquidation.

According to TradingBeats monitoring, LIT’s ongoing rally is squeezing short sellers’ position space. The large whale with the wallet address starting with 0x9996 has already closed out approximately $3.6652 million in short positions in batches, realizing $622,600 in trading losses, while its remaining positions are still approaching the liquidation line. The whale has initiated a 5-hour TWAP (Time-Weighted Average Price) buy order, planning to cover 969,900 LIT tokens. Prior to launching the order, it held 1.8422 million LIT in short positions; as of press time, it has covered 703,600 tokens, completing roughly 72.55% of the plan. Currently, the whale holds 1.1386 million LIT short positions with 4x isolated margin leverage, worth approximately $6.0431 million, at an average entry price of $4.324, with an unrealized loss of around $1.119 million. At press time, LIT is trading at $5.30, only about $0.1373 (or 2.59%) away from its liquidation price of $5.4450. The TWAP order is still in progress, with 266,300 tokens left to cover, originally scheduled to end around 17:16 today; subsequent position reductions or margin adjustments may alter the liquidation price.

17 minutes ago

Bankless Founder Shifts Positions to Altcoins, All of Which Have Significantly Outperformed ETH; ZEC, LIT, and VVV Have Repeatedly Hit New All-Time Highs.

Bankless co-founder David Hoffman announced on May 21 that he liquidated all his Ethereum (ETH) holdings, subsequently purchasing VVV, NEAR, ZEC, HYPE, and LIT, and disclosing their entry prices: “NEAR at approximately $1.40, HYPE at ~$45, ZEC at ~$560, LIT at ~$1.35.” As of press time, the performance of Hoffman’s portfolio assets is as follows: LIT up 288%, ZEC up 121%, HYPE up 55%, VVV up 55%, NEAR up 33%; over the same period, ETH’s gain was only around 17%. The May operation of “selling ETH to reallocate to other crypto assets” has now delivered overall returns significantly outperforming ETH, with LIT’s rally being particularly notable.

17 minutes ago

CleanSpark trims its Bitcoin holdings by 228 BTC, bringing its total Bitcoin position to 13,703 BTC.

According to disclosures from BitcoinTreasuries, Bitcoin mining firm CleanSpark reduced its Bitcoin holdings by 228, bringing its total current Bitcoin reserves to 13,703.

17 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano