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Meme coin Lobster surged 250% yesterday, only to plunge 75% today and fall back to its original price.

1 hours ago

According to GMGN market data, the BSC-based meme coin "Lobster" rallied 250% yesterday, briefly hitting a $112 million market capitalization. The meme coin then plunged 75% today, returning to its original price, and now carries a $29.4 million market cap. Per Lookonchain monitoring, wallet address 58bro.eth (@0x58bro) withdrew 3.55 million "Lobster" tokens from Gate at $0.085 per unit 21 hours ago, worth $301,000. The user subsequently redeposited all the tokens back to Gate at $0.028 per unit 4 hours ago, suffering a $200,000 loss in less than 20 hours.

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A trader went long on ETH with 20x leverage, currently holding an unrealized profit of over $1 million.

Per Lookonchain’s monitoring, trader 0xd9A2 opened a 20x leveraged long position on 2,900 ETH via Aster DEX, with the position valued at roughly $7.97 million. The position’s unrealized profit has now exceeded $1 million, delivering a 251.68% return.

1 minutes ago

ZachXBT questions whether UPay may allow Xinbi to white-label Visa crypto cards.

Renowned on-chain detective ZachXBT published a post, questioning whether UPay might allow sanctioned illegal marketplace Xinbi to white-label its Visa crypto cards, and demanding UPay provide an explanation on the matter. ZachXBT stated that Xinbi is primarily involved in activities including pig butchering scams, fraud, money laundering, and human trafficking.

1 minutes ago

PYTH Network: Financial data is shifting from human-facing to AI and machine-oriented.

PYTH Network officially stated that the main consumers of next-generation financial data will gradually shift from humans to APIs, algorithms, and AI systems. Market data needs to feature structuredness, standardization, low latency, and accessibility via programmable interfaces. Its business focus not only includes providing real-time market data through APIs, but also covers perpetual indices and data markets, offering directly callable data infrastructure for trading systems, AI applications, financial institutions, and autonomous financial applications. PYTH also emphasized that token economics cannot replace real business; the network should first create tangible value through products such as market data, indices, and data markets, before aligning token economics with network activities and participant incentives. Its long-term goal is to become the market data layer in a software-driven financial system, further expanding asset coverage, institutional datasets, and support for AI and autonomous applications.

1 minutes ago

Trader 0xd9A2 opened a 20x long on 2,900 $ETH($7.97M) on @Aster_DEX and is now sitting on over $1M in unrealized profit, with a 251.68% return.

Trader 0xd9A2 opened a 20x long on 2,900 $ETH($7.97M) on @Aster_DEX and is now sitting on over $1M in unrealized profit, with a 251.68% return.

1 minutes ago

Trader 0xd9A2 opens 20x long on 2,900 $ETH, now up $1M with 251.68% return

Trader 0xd9A2 opened a 20x long on 2,900 $ETH($7.97M) on @Aster_DEX and is now sitting on over $1M in unrealized profit, with a 251.68% return.

1 minutes ago

South Korean crypto exchanges Upbit and Bithumb announced today that they have removed the "transaction precaution" tag for SAND.

According to announcements from South Korean crypto exchanges, both Upbit and Bithumb announced today that they have removed the "Transaction Notice" label for SAND. SAND was added to the transaction notice list on the two platforms on August 24 due to a prior security incident. Following this, Upbit and Bithumb reviewed the incident explanation and follow-up response measures submitted by the project team, and determined that the reasons for the original transaction notice designation have been eliminated, thus lifting the relevant transaction notice status. Per HTX market data, SAND is currently priced at $0.067777, with a 24-hour gain of 53.52% and a 24-hour high of $0.073469.

1 minutes ago

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