$龙虾 surges 244% then crashes 73%, trader loses $200K in 20 hours

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.

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.

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.

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.

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.