MANTRA DAO Initiates Survey Vote to Solicit Feedback on Team Token Burn Execution

A mysterious trader is making a massive 40x short on $BTC! A newly created wallet, 0xff84, deposited 2.44M $USDC into Hyperliquid and opened a 40x short on 1,600 $BTC($102.6M). Liquidation price: $64,888.97. Does he know something, or is this just a huge bet?

Investor Michael Burry, famous for the film *The Big Short*, has once again issued a bearish market warning. He noted that despite the S&P 500 hitting consecutive all-time highs recently, the market may be approaching a critical top, with a crash similar to the 1987 stock market slump not being ruled out. In a Tuesday Substack post, Burry said the market rally may be forming a self-reinforcing mechanism: as volatility falls, volatility-targeted funds may increase leverage, while momentum strategies could further expand their risk exposure, driving continued capital inflows. The S&P 500’s recent record high was mainly fueled by better-than-expected corporate earnings and falling oil prices amid expectations of restored shipping in the Strait of Hormuz. The Nasdaq Composite has rallied nearly 5% in the first two trading days of this week. However, Burry has not softened his skepticism toward the AI investment boom. He argues that current AI infrastructure investments partially rely on unsustainable long-term financing models, and continues to hold multiple short positions, including semiconductor ETFs, NVIDIA, Micron, Tesla, Caterpillar, Palantir, and Applied Materials. Burry added that all his short positions except NVIDIA’s are currently profitable, though he will cut losses and exit if market conditions remain unfavorable. He also cautioned investors that short selling is not for most people: “I have to short; most people should not try it.”

According to Bitget market data, South Korea's KOSPI index rose 5%, prompting South Korean exchanges to activate the circuit breaker mechanism for the index, suspending programmatic trading.

According to Bitget market data, the Nikkei 225 index opened higher and is now up 3.12%. Japanese stock Kioxia rose 6.6% amid news that Kioxia and SanDisk officially unveiled their latest BiCS10 3D QLC NAND flash memory at the Future of Memory and Storage Conference (FMS), which is claimed to be the highest-density 3D NAND product officially launched globally to date. The chip features a 332-layer stacked structure, with an areal storage density of 37 Gb/mm2, supports a maximum 4800 MT/s high-speed interface, and includes independent command address (SCA) functionality. It is primarily targeted at the high-capacity data center SSD market. Compared to the BiCS10 3D TLC NAND products the two companies launched earlier, which had a storage density of over 29 Gb/mm2, the new QLC NAND further enhances data center storage capacity density. Industry analysts predict that with similar chip dimensions and number of memory cells, the chip could reach approximately 1.33Tb in capacity, though the manufacturer has not yet disclosed specific capacity specifications.

Amazon founder Jeff Bezos has filed documents with the U.S. Securities and Exchange Commission (SEC) to sell approximately 15 million Amazon shares, totaling around $4.1 billion based on Monday’s closing price. The sale is planned under a 10b5-1 prearranged trading plan adopted on November 14, 2025, and will be executed through Morgan Stanley. The shares were originally granted as founder stock in 1994. Prior to the announcement of this stake reduction plan, Amazon’s stock hit an all-time high on Monday. Driven by last week’s quarterly earnings, the company’s market capitalization surpassed $3 trillion, with strong second-quarter cloud computing performance. Markets view this as evidence that Amazon’s AI investments are translating into stronger growth momentum. Affected by Bezos’ share sale news, Amazon’s stock closed down more than 2% on Tuesday. Year-to-date, Amazon’s stock has risen roughly 20%, outperforming the S&P 500 index’s ~12% gain over the same period. Bezos has continued selling Amazon shares via prearranged trading plans in recent years, yet remains one of the company’s largest shareholders. Documents also show that in May this year, Bezos donated 220,200 Amazon shares to non-profit organizations.

According to Bitget market data, the Nikkei 225 index rose at opening, with an intraday gain of 2.00%. South Korea’s KOSPI index opened up 3.8%, touching 6600 points, SK Hynix surged over 7%, and Samsung Electronics gained 5%.