A whale transferred 1000 ETH to Binance after a year of hibernation

According to HTX market data, HYPE is currently trading at $95.8, notching another all-time high, with a gain of over 4% on the day.

According to HTX market data, Bitcoin has continued its upward rally, breaking through the $85,000 threshold and currently trading at $85,006, with a 24-hour gain of 5.03%.

According to TradingBeats monitoring, the largest BTC short seller on Hyperliquid—address 0xfc27, tagged as Polymarket user "VBVIT" on the platform—has been steadily adding to its short positions as BTC rises. As of press time, the address holds 1,320.73 BTC in short positions, valued at approximately $112 million, with 25x leverage and an average entry price of around $79,470.40. BTC is currently trading at roughly $84,547 at press time, putting the account’s BTC short position at an unrealized loss of about $6.7048 million. Its liquidation price is approximately $86,951.25, less than 3% above the current market price. Recent transaction records show the address added to its short positions when BTC was trading between $82,700 and $83,300. Additionally, the address holds around $76.46 million in ETH short positions, with an unrealized loss of roughly $4.44 million. Its total unrealized loss across 87 perpetual positions stands at approximately $13.84 million.

According to the latest statistics, crypto treasury firm Strategy currently holds 845,050 Bitcoin (BTC) at an average cost of $75,412. Following Bitcoin’s recent breakout above $85,000, Strategy’s BTC holdings have now generated an unrealized profit of $8.072 billion. During the ongoing bear market, Strategy’s Bitcoin positions once saw an unrealized loss of $10 billion.

Beating AI News Flash: Alibaba has appointed Liu Dayiheng as the head of its Qwen large language model. The official website of the Yunqi Conference has updated his title to "Head of Qwen LLM Project". Liu joined Alibaba in 2021 and has since been a core R&D member of Qwen. This March, Lin Junyang, Qwen's technical lead, left to start a business; in June, Zhou Jingren, who oversaw AI model R&D, stepped down from his management role and was reassigned as Alibaba's Chief Scientist. Following consecutive adjustments over half a year, the leadership of Qwen's large language model line is now officially confirmed. Liu has also been positioned in a core role at this year's Yunqi Conference. Among the conference's official guest speakers, he ranks after Alibaba Chairman Joseph Tsai and CEO Daniel Wu, and will deliver a speech titled "Qwen: Towards Real-World Agents" at the main forum.

Well-known trader Killa updated his outlook on Bitcoin’s recent sharp rally, stating that Bitcoin’s next target could reach the $88,000 range. If it drops sharply below $80,000, it may test the $70,000 level, but this scenario is currently unlikely based on volume analysis. Killa, a quantitative trader focused on BTC, predicted the peak of the current bull market back in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then switched to long positions during the broad market sell-off on June 5.