0x7fd Address Whale Initiates Sell-off, Liquidates PUMP Short Position, Incurs over $19 Million Unrealized Loss, Total Position Reaches $377 Million

On September 16th, based on geckoterminal data, the on-chain transaction volume of X Layer in the past 24 hours reached $71.21 million, which was a 24.83% increase compared to the previous period. There were a total of 45.15 thousand transactions.

On September 16th, as per CoinDesk's report, ORQO Group, an emerging institutional asset management company with a total of $370 million in assets under management, officially launched on Tuesday. It is planning to build a yield platform for Ripple's RLUSD stablecoin. Headquartered in Abu Dhabi, the ORQO Group has integrated four entities from the traditional finance and digital asset sectors. These include Mount TFI, a private debt management and licensed fund management company in Poland; Monterra Capital, a multi-strategy digital hedge fund in Malta; Nextrope, a blockchain engineering studio; and Soil, a decentralized finance (DeFi) protocol compliant with the EU's MiCA crypto framework. ORQO has obtained licenses in Poland and Malta and is currently seeking approval from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority to expand its business in the Middle East. The group considers this region a core market for regulated digital asset growth.

September 16th. Based on the monitoring of LookOnChain, a whale that reaped a profit of $11.7 million through TRUMP made a cumulative purchase of 2 million HOLO tokens today, which is approximately $791,000.

Smart whale "Aqvd6S" who made $11.7M profit on #Trump accumulated 2M $HOLO($791K) today! The whale bought 348,867 $TRUMP($685K) at ~$1.96 avg and sold ~$35.61 avg, netting a $11.7M profit.

September 16th. According to official channels, Binance Alpha is set to list Velora (VLR), and Alpha trading is scheduled to commence on September 16th, 2025, at 19:00 (UTC+8). After the trading begins, users who hold at least 200 Binance Alpha points will be eligible to claim a 1500 VLR token airdrop. The first come, first served principle applies. If the event is not yet completed, the points threshold will automatically decrease by 15 points every hour. Claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, it will be regarded as giving up the airdrop.

On September 16th, JPMorgan strategist Mohit Kumar said that the main focus remains on the Fed's Wednesday meeting, and the key is Powell's tone. If Powell places more emphasis on inflation risks or around the uncertainty regarding the economic and inflation outlook, we may see the market reducing the expectations for rate cuts. (FXStreet)