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BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

2025.01.13 21:51:58

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UBS cuts Marvell Technology's price target to $300, maintains its 'Buy' rating.

UBS cuts Marvell Technology (MRVL.O) price target from $340 to $300, but retains its "Buy" rating. (Jinshi)

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Hong Kong stocks opened lower and trended downward during morning trading, with the large language model concept sector declining, and Zhipu AI plummeting more than 16%.

According to Bitget market data, Hong Kong stocks opened lower and trended downward in morning trading. The Hang Seng Index closed down 0.65% at 25,287.25 points; the Tech Index closed down 1.99% at 4,686.98 points. Large language model concept stocks and PCB concept stocks declined. Zhipu (02513.HK) fell more than 16%, with its share price touching the HK$1,000 mark during intraday trading; MINIMAX-W (00100.HK) fell 12%.

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Whale 0x8b6e opens 2x $GPS long on Aster_DEX, already up $80K from $450K position

Whale 0x8b6e, who previously made over $1.12M from a long on $AKE, is now going long $GPS on @Aster_DEX. He opened a 2x long on 27.23M $GPS($450K) and is currently up $80K(+35.66%). $GPS has surged 70% recently.

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The decline of the Nikkei 225 Index has widened to 2%.

According to Bitget's market data, the Nikkei 225 index's intraday decline has widened to 2%.

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A whale that previously went long on AKE for a $1.12 million profit has opened a new long position on GPS, currently holding an unrealized profit of $80,000.

According to Lookonchain’s monitoring, whale address 0x8b6e — which previously netted over $1.12 million from a long position on AKE — has opened a new long position on GPS via Aster DEX. The whale established a 2x-leveraged long on GPS, buying 27.23 million tokens for a position valued at roughly $450,000. The position currently holds an unrealized profit of around $80,000, marking a 35.66% gain. Notably, GPS has already surged approximately 70% in value recently.

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Whale 0x8b6e, who previously made over $1.12M from a long on $AKE, is now going long $GPS on @Aster_DEX.

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