MEXC has listed Hyperlane (HYPER) for pre-market trading

CryptoQuant community author CW8900 published an analysis noting that Bitcoin (BTC) spot demand has turned increasingly negative, while futures demand has also seen a slight decline. The current market rally is primarily driven by futures demand, while spot demand remains in negative territory — a concerning sign, as a sustained uptrend cannot be maintained without spot demand. Despite BTC’s price rebound, the volume of spot BTC outflows has risen further; if this trend persists, the current upward momentum could be derailed. Therefore, it is critical to determine the specific reasons behind the negative spot demand. From a position structure perspective, holdings by large holders continue to increase, while retail investor holdings keep declining. CW8900 believes that retail investors have continued selling even during BTC’s price rally, likely having adjusted to the previous downturn and opting to take profits or reduce positions during rebounds. Currently, BTC’s negative spot demand is mainly driven by sustained retail selling, while a notable point is that large investors remain net buyers.

On-chain analyst MLM publicly announced that he is assembling a team to target Loracle, the largest PONS short seller on Hyperliquid, and invited users with large capital who wish to participate to contact him via private message. He later noted that those with seven-figure capital can reach out via private communication, and has so far secured eight-figure capital commitments. According to TradingBeats monitoring, the address starting with 0xefe4, labeled as a "Loracle sub-address", currently holds approximately 25.1892 million PONS short positions, with a position value of around $21.0961 million, using 3x leverage, accounting for roughly 19.1% of Hyperliquid’s total PONS open interest. The average entry price of this address is approximately $0.6562, with PONS currently trading at $0.8374, resulting in an unrealized loss of about $4.5655 million. The liquidation price for PONS on this address is roughly $1.8288; without additional margin, PONS would need to rise by around 118.4% from its current level to trigger liquidation.

According to official announcements, Binance announced that its bStocks product has surpassed $30 billion in cumulative trading volume in the nearly three months since its launch on June 11. Currently, Binance offers 24/7 trading, covering over 7,000 popular assets including stocks, options, and cryptocurrencies, and supports trading methods such as long and short positions, providing global users with a more flexible channel to trade stocks and other traditional financial assets. This growth also reflects that as traditional financial assets gradually enter on-chain trading scenarios, market attention toward new trading formats like stock tokens is steadily rising.

Beating AI News Flash: Huawei has officially deployed a 30B total-parameter, 2B activated-parameter edge-side Mixture of Experts (MoE) large model in its new-generation tri-fold smartphone Mate XT 2. The company calls this the "industry’s first edge-side MoE multimodal large model". The model runs on the newly launched Kirin 9050 Pro, powered by the Da Vinci architecture NPU for edge computing. This 30B/2B edge model was actually previewed as early as June. Back then, Huawei said it was optimized specifically for Kirin chips, cutting memory usage and boosting inference throughput via techniques like expert prediction, with plans to roll it out for Kirin chips and smartphones in the fall.

Well-known trader BonkGuy posted that his portfolio on FOMO has incurred an unrealized loss of around $3.6 million over the past 24 hours — a loss even larger than the combined PNL of the top two traders on FOMO in the same period. He noted that he shared this to reveal the other side of trading: portfolios don’t always rise, and traders must endure significant volatility and drawdowns. BonkGuy added that he is not concerned about this drawdown, and believes his current portfolio could double in value over the next several months, reaching at least $50 million, even without purchasing any new tokens.

ChangXin Memory Technologies held its 2026 semi-annual performance briefing. An investor asked about the company’s Q3 DRAM price trends, and Huang Danyang, Senior Vice President and Chief Financial Officer of ChangXin, stated that looking ahead to the second half of 2026, the global DRAM supply shortage pattern will persist.