A trader opened a long position of 550,000 SOL tokens with 20x leverage, posting an unrealized profit of more than $23 million.

Beating AI News Flash: AI influencer Max For AI posted that OpenAI appears to be on the verge of announcing a new ChatGPT subscription plan. ChatGPT Pro’s former “5x” and “20x” tiers have been renamed to “Pro Standard” and “Pro More” respectively, while the official pricing page has removed previous descriptions of the “5x / 20x Plus” usage limits. These adjustments likely signal OpenAI is redesigning its ChatGPT Pro subscription system, though the company has not yet released specific details of the new plan and pricing.

Iranian Foreign Minister Al-Araghchi said Sunday local time that the reopening of the Strait of Hormuz depends on whether the U.S. meets Iran’s proposed conditions, adding that resolving the current impasse through negotiations remains feasible. Iran had earlier tabled conditions including halting U.S. "aggressive acts", ending the maritime blockade and economic warfare, and unfreezing Iranian assets. U.S. President Donald Trump said Saturday he had rejected Iran’s latest conditional proposal. The Wall Street Journal (WSJ) cited U.S. officials as saying Trump may resume bombing Iran after the November midterm elections. Meanwhile, the Navy of Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed Sunday it had seized a U.S. military Remus 600 unmanned underwater vehicle in the Strait of Hormuz, and that the device had been handed over to relevant personnel for data extraction. U.S. Central Command has not yet issued an immediate comment on the incident. Affected by the Iran-U.S. conflict, energy transport in the Middle East has been severely restricted. WTI crude oil closed at $92.41 per barrel this week, down 7.9% week-on-week; Brent crude oil closed at $104.32 per barrel, remaining roughly flat over the week.

According to monitoring by crypto analytics account Ai Yi, an entity that accumulated a position of 130,591 ETH in 2023 is suspected of liquidating its holdings. The entity transferred an additional 16,919 ETH to a trading platform three hours ago, worth approximately $45.85 million. Over the past week, it has transferred a total of 128,972.05 ETH to trading platforms, with an average transfer price of $2,680.31, totaling around $345 million. If all of this ETH is sold, the entity is projected to realize a profit of roughly $84.31 million. Following this transfer, the entity’s on-chain ETH balance has been fully depleted.

Next week, global markets will be greeted with a series of key economic data releases and central bank officials’ speeches, with U.S. employment, inflation figures, and Federal Reserve policy signals drawing particular attention. On Tuesday, the U.S. will release August’s JOLTs job openings and September’s consumer confidence index. On Wednesday, August’s core PCE price index, personal spending, second-quarter GDP final estimate, and ADP employment data are due, with multiple Federal Reserve officials set to deliver speeches. On Thursday, the U.S. will release September’s ISM Manufacturing PMI and initial jobless claims, while several Federal Reserve officials, as well as representatives from the Bank of England and European Central Bank, will also make frequent public remarks. Friday will bring the week’s most critical U.S. economic data: September’s nonfarm payrolls, unemployment rate, and average hourly earnings. Among these, nonfarm payrolls and wage data will serve as key references for markets to assess U.S. labor market conditions and the Federal Reserve’s future policy path. Additionally, the euro zone will release September’s preliminary CPI figures, and Japan will publish August’s unemployment rate. On Sunday, seven OPEC+ oil-producing nations will hold their monthly oil policy meeting, with markets closely watching the group’s latest crude supply policy arrangements; Australia will also enter daylight saving time on the same day.

Trader 0x9c6a opened a 20x long on 550,087 $SOL ($67.88M) a month ago and is now sitting on an unrealized profit of over $23M! He has also set take-profit orders at $200. If $SOL reaches $200, he could make over $65M in profit!

Dongcha’s Beating AI News Flash: MiniMax has announced the launch of its latest text model, M3.1-Flash-Preview, which is now live on MiniMax Code. The official stated that the model is tailored for daily development scenarios, prioritizing speed and stability, and can be used for tasks such as quick bug fixes and full-feature development. Meanwhile, MiniMax Code has rolled out two limited-time promotions: From September 28 to October 7 (UTC+8), users will earn double free credits for daily check-ins, open to both new and existing users. The credits are applicable to models including M3.1-Flash-Preview, H3, and H3 Max. Furthermore, following M3.1-Flash-Preview’s launch, all users’ Token Plan credits will be reset immediately, with the official noting that more credit resets will be conducted in the future.