TRUMP unlocked 40 million tokens 5 hours ago, equivalent to around 300 million US dollars

Crypto whale "First Set 10 Big Goals" (@jasonleo) has updated his Bitcoin trading strategy, noting that when BTC rebounded from the $58,000 low in this cycle, he firmly targeted $100,000. However, he failed to accurately time the peak mid-cycle, missing a large chunk of profits. His current average entry for long positions is around $78,000. Regarding future operations, JasonLeo said he will start closing long positions gradually if BTC falls back below $79,000. If BTC surges rapidly to $100,000 in the short term, he will consider opening defensive short positions in the $98,000–$105,000 range to hedge against weekly-level correction risks. If BTC closes above $108,000 on the daily timeframe, the above short position logic will be invalid. If BTC does not rally directly but consolidates fully in the $80,000–$100,000 range, he will take defensive actions in the $115,000–$125,000 range.

According to a report by the Financial Times, AI hedge fund Situational Awareness has become one of the largest hedge fund clients of Goldman Sachs (GS.N)’s prime brokerage business this year, generating over $200 million in fee revenue for the bank. People familiar with the matter disclosed that Situational Awareness was at one point a key client of Goldman Sachs’ trading division this year. Its rapid growth and strategy of using leverage to expand trading volumes drove the fee growth. The fund launched with just hundreds of millions of dollars in assets under management, later posting returns of over 400% at its peak, growing to more than $20 billion in size. However, AI-related stocks saw sharp volatility this year, hitting the fund’s large public market positions, with losses further amplified by its leveraged borrowing. Founder Assenbrunner subsequently sold most of his stock positions, with roughly $16 billion in assets at one point being sold to Citadel. He informed investors in July that he would no longer use borrowed funds to amplify investments going forward. Despite the losses, Situational Awareness maintains its partnership with Goldman Sachs and has begun establishing trading relationships with tech stock broker Clear Street.

Meta Platforms (META) shares have risen 36% so far in September, on track for their best monthly performance since July 2013 and approaching the $2 trillion market cap threshold. The rally is primarily driven by positive market reaction to Meta’s launch of its personal AI assistant, Muse. Investors view the AI product as a potential new growth driver, easing earlier concerns about returns on the company’s large-scale AI investments. Earlier this year, Meta’s stock came under pressure due to heavy AI spending, legal risks facing its social media business, and weak revenue forecasts, falling 18% from the start of the year. However, after the company resolved some litigation pressures and launched AI products like Muse, Meta’s shares have climbed roughly 43% from their August lows. Meta is expanding its AI product lineup, including portable devices for Muse and camera-free smart glasses. The company projects capital expenditure will reach nearly $140 billion in 2026, rising further to $197 billion in 2027 and $215 billion in 2028. The market remains focused on whether Meta can generate sufficient returns from its AI business. Currently, analysts forecast Meta’s revenue will grow 26% to $254 billion in 2026, with net profit rising 33% to $80.6 billion.

Xie Jia, head of Bitget’s Greater China region, stated in a post that at 2:31 AM Beijing time on September 25, Bitget’s security system detected abnormal transfers from some hot wallets, and the security team immediately activated its emergency response mechanism. The platform’s preliminary assessment puts the amount involved in the incident at approximately $351.6 million, with the specific cause still under investigation. Bitget noted that its cold wallets and the vast majority of the platform’s assets remain intact and unaffected by the incident; user account balances are accurate, and user assets are protected. The total loss is fully covered by Bitget’s User Protection Fund, which currently stands at over $464 million. Within minutes of the incident, Bitget established an emergency response team, marked and reported the relevant abnormal transfer addresses, and notified law enforcement and on-chain security agencies to join the investigation. For fund safety reasons, the platform has temporarily suspended withdrawal functions, which will be restored in an orderly manner after security checks are completed; deposit and trading functions remain operational. Bitget said it will release incident updates on an hourly basis and plans to publish a full incident report within 24 hours, covering root cause analysis and rectification measures. Prior to the conclusion of the investigation, the platform will not speculate on the specific attack vector.

Bitget(@bitget) was hacked for ~$351.6M!?? The hacker has already swapped most of the stolen funds on EVM chains for 67,982 $ETH($183M).

The U.S. Treasury Department stated that it carried out a liquidity repurchase operation for 20- to 30-year U.S. Treasuries worth $4.078 billion on September 24, with the operation receiving $10.468 billion in bids.