"ETH Long" Buddy Faces Partial Liquidation Again, Cumulative Loss Reaches Nearly $35 Million

**June 10 Update (via Hyperinsight monitoring: t.me/HyperInsight):** SpaceX’s recent equity adjustment has triggered a divergence in on-chain contract prices for its SPCX token. Since the June 3 S-1/A filing, SpaceX’s fully diluted share count has risen from ~1.187 billion to 1.308 billion—an approximate 10% jump. In response, SPCX contract prices across platforms have continued to decline; Hyperliquid’s SPCX contract currently trades at $163. Amid the misalignment between equity changes and actual valuation, trading platforms have taken divergent approaches. One platform used a Rebase (adjusting the contract multiplier by ~1.1x) to smooth price discrepancies, while trade.xyz stated it “does not rely on market capitalization or total share data” and made no adjustments. Notably, a Hyperliquid whale has held the largest long position in SPCX since its May 18 launch: it went long with 1x leverage at an average entry price of $197. If the Rebase mechanism applied to this position, the w

June 10. Morgan Stanley responded today to a research report from independent firm SemiAnalysis that sparked a sharp sell-off in U.S. stocks yesterday. While Morgan Stanley agreed with SemiAnalysis that CPO (Compute Express Link Plugable Optics) volumes will fall short of near-term targets, it remains bullish on CPO’s explosive growth starting in 2028. The Wall Street bank also explicitly pushed back against SemiAnalysis’s claim that 800V mass production is delayed until 2028, with supply chain checks confirming 800V cabinets are still on track for release in the second half of 2026. The day prior, SemiAnalysis had released a report flagging major delays to two key AI data center technology paths—an issue cited as a key driver of the U.S. AI sector’s sharp pullback yesterday. On CPO specifically, Morgan Stanley’s view lines up closely with SemiAnalysis: the firm projects global optical engine shipments will hit just 6-7 million units in 2027, far below the market’s consensus estimat

June 10 — Fox News reports that Trump said he is close to ordering a new strike targeting Iranian power plants and bridges, and will continue taking action against Iran.

On June 10, former President Donald Trump took to Truth Social to claim Iran’s military has been "completely decimated." He asserted most of Iran’s military branches—including its navy and air force—no longer exist and are totally defeated. Trump also alleged Iran only talks and fails to take real action, accusing the country of wasting time negotiating a deal that should have been favorable to it, warning Tehran will now have to pay the price.

June 10 – Official announcements from OKX confirm that OKX DEX is launching temporary fee-free trading for stock tokens, starting today. All stock token trades on OKX DEX will be zero-fee, covering every trading channel: mobile app, web platform, and plugins. At the same time, OKX is kicking off the xStocks Trading Competition, running from now until June 24, 2026 at 18:00 GMT+8. Users who trade xStocks-related pairs—such as TSLAx, AAPLx, and other stock tokens—will be ranked based on their cumulative trading volume. The top 5,000 traders will receive rewards from a total prize pool of 300,000 USDC.

In an official statement released June 10, Binance announced the launch of bStocks—its new tokenized U.S. stock product, pegged at a 1:1 ratio to underlying equities. Issued by BTech Holdings Limited, an affiliate of the Binance Group, bStocks represent ownership stakes in the underlying securities, but not direct ownership of the listed companies’ actual stocks. Users can convert eligible stock holdings directly on Binance’s Stock Trading Platform to corresponding bStocks at a 1:1 rate, and also convert bStocks back to direct stock positions. The conversion process has no lock-up period, no required holding time, and no associated fees. bStocks will trade 24/7 on Binance’s spot market, and support withdrawals to self-custody wallets or on-chain deployment in compatible DeFi protocols. Users can withdraw bStocks to wallets like Trust Wallet, Binance Wallet, hardware wallets, or other compatible addresses. bStock prices are anchored to their underlying stocks via an oracle, with on-c