A whale liquidated a $12.85 million long position in BTC, resulting in a $147,000 loss.

Prominent crypto trader Bonk Guy says this cycle belongs to Robinhood and BNB Chain, loudly declaring that BNB Chain is now in its golden season, urging people not to ignore this narrative. Bonk Guy looked back at his previous trading calls: several weeks ago, he repeatedly stated that the "Robinhood season" was approaching, but many dismissed his view at the time. The meme coin rally has since almost perfectly matched his expectations, with PONS surging from a $4 million market cap when he first called it to $990 million, CASHCAT hitting $270 million, AI (token) reaching $280 million, and numerous other tokens boasting market caps in the tens of millions. Bonk Guy believes MARSCOIN has fired the starting gun for the meme coin narrative in the BNB Chain ecosystem, is now the clear leader, and will continue to pull far ahead of peers. Bonk Guy also emphasized that when BNB Chain’s trading activity really heats up, it will do so with extreme momentum and speed, warning against chasing gains after tokens have already surged 10x. The core reason is that Binance is the world’s largest centralized exchange (CEX), boasting 320 million users. MARSCOIN is now listed on Binance’s spot and derivatives markets, making it much easier for Western users to buy BNB Chain meme coins, with far better accessibility than in previous cycles. In the last cycle, SAFEMOON surged to a $17 billion market cap on BNB Chain, proving that BNB Chain meme coins have enormous upside potential once they catch fire. There won’t be just one winner—many tokens will rally alongside the leading ones, and the BNB season will be extremely explosive once it truly kicks off. Finally, Bonk Guy advises that people start monitoring and positioning now, stressing that it’s better to enter early than to chase after already surging prices.

According to CNBC, Polymarket will partner with NBA star LeBron James for a major marketing campaign, with more details expected to be unveiled next week. Late yesterday, LeBron James’ X account posted a video advertisement related to Polymarket.

According to HTX market data, hot on-chain trading activity on Robinhood has driven ARB’s daily price up over 48%, hitting $0.196, and it is currently trading at $0.1933. Robinhood Chain, built on the Arbitrum tech stack, launched its mainnet on July 1. Last night, the 24-hour DEX trading volume on Robinhood Chain exceeded $1.89 billion, surpassing Solana and BNB Chain to claim the top spot among public blockchains for the first time. Based on the 30-day average annualized fee revenue, Robinhood Chain’s annualized revenue stands at roughly $110 million. Under the terms of their cooperation license agreement, Robinhood Chain is required to return 10% of the net revenue under the agreement to the Arbitrum ecosystem: 8% goes to the Arbitrum DAO treasury, and 2% flows to the Arbitrum Developer Guild.

According to Lookonchain’s monitoring, seven miner addresses dormant for 16.5 years transferred 350 Bitcoin roughly six hours ago, valued at approximately $28 million. The miners obtained the 350 BTC through mining in March 2010.

Crypto trader Ansem posted a bullish call for Solana-based meme token ZCAT (Anonymous Cat). According to GMGN data, ZCAT’s market cap briefly surged past $69 million to hit a new all-time high, and has since pulled back to $50 million. The token has seen a 360% (3.6x) increase in its 24-hour trading volume, which stands at $2.2 million. ZCAT is a cat-themed meme token built on Solana, inspired by Zcash (ZEC)’s privacy concept, with its mascot being an anonymous cat wearing a brown paper bag over its head. A ~3% tax is levied on transactions or transfers, with proceeds used to purchase and airdrop bridged Zcash (ZEC) on Solana to holders. BlockBeats reminds users that most meme tokens have no real use cases, are highly volatile, and investors should exercise caution.

According to monitoring by crypto analytics platform Yu Jing, the address suspected to hold HYPE tokens for venture capital firm a16z transferred 13.05 million USDC to decentralized exchange Hyperliquid 8 hours ago, and purchased HYPE via a Time-Weighted Average Price (TWAP) order. The same address spent 66.4 million USDC to buy 816,000 HYPE tokens at an average price of $81.3 one week ago. Currently, the address has bought and staked 5.201 million HYPE tokens, valued at approximately $445 million, with an average entry price of around $67.2, posting an unrealized profit of roughly $95.18 million.