Smart money deposited 3 million USDC to add margin after being trapped at a high level in an AI stock contract.

According to Hyperinsight monitoring, a whale (0x4e23) has placed 62 limit sell orders for HYPE from last night to this morning, priced between $57.27 and $58.34, with an additional planned sell of approximately 320,400 tokens, totaling a nominal value of about $18.461 million, at a weighted average order price of $57.62. Of these, 55 sell orders are concentrated between $57.27 and $57.74, totaling around 273,200 tokens worth $15.709 million, accounting for 85.3% of all orders; the remaining 7 orders are priced between $58.22 and $58.34, valued at roughly $2.752 million. HYPE is currently trading at approximately $55.42, meaning the above sell orders are priced 3.4% to 5.3% above the current market price. These are not position reduction orders, indicating the whale is waiting for a price rebound to add to its short position rather than taking profits to exit. So far, 8 orders have been partially filled, totaling around 10,400 tokens sold for $597,000. The whale currently holds a full-position short of approximately 71,900 HYPE tokens at 5x leverage, with a position value of about $3.985 million, an average entry price of $57.17, unrealized profit of roughly $126,000, and a return rate of around 15.3%. If all remaining orders are filled, the whale’s HYPE short position will increase to approximately 392,300 tokens, with an estimated average entry price of around $57.54, expanding the position size to about $22.572 million. - HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain news.

South Korea's financial regulators today decided that if overheating in single-stock leverage products fails to subside, additional regulatory measures including individual investment caps will be introduced. A key proposal under review is to limit individual stock leverage investments to no more than 20% of total financial investment portfolio value. Rhee Ee-won, chairman of South Korea's Financial Services Commission (FSC), said at a forum today that the policy effects of supplementary measures such as strengthened initial margin requirements—set to take effect on July 31—will be closely monitored as a priority. Rhee also noted that if demand does not cool sufficiently, additional measures will be researched and prepared in advance. It is understood that the proposal under development implements aggregate management rules, capping individual stock leverage exposure at 20% of an individual’s total financial investment. For example, if an individual’s total financial investment is 100 million won, they can allocate a maximum of 20 million won to a single-stock leverage product.

According to Bitget market data, Asia-Pacific stock markets suffered a broad sell-off. Following sharp declines in Japanese and South Korean equities, the A-share Shanghai Composite Index fell below the 3,800-point threshold in late trading, currently down 1.54%; the STAR 50 Index dropped over 7%, the ChiNext Index fell more than 7.5%, and the Shenzhen Component Index declined 4.65%. C Changxin recorded over 40 billion yuan in trading volume in the afternoon session, currently down 4% at 47 yuan per share.

Yesterday, 230,862 new accounts were created on #Tron, up 42.87% and marking the highest daily total in the past month.

According to Reuters, Gulf sources revealed that Oman has put forward a proposal to Iran aimed at establishing a mechanism for the joint management of the Strait of Hormuz by regional countries, adopting a voluntary toll model to fund initiatives including navigation management, environmental protection, and search and rescue operations. Sources noted that under the proposal, Iran would not hold sole control over the Strait of Hormuz. The plan draws on the management model of the Strait of Malacca, allowing relevant parties using the strait to voluntarily contribute funds for maintaining channel safety and related services. To date, Oman’s proposal has secured regional backing.

According to Bitget market data, South Korea's KOSPI index closed down 732.12 points, or 10.84%, at 6023.63 points. It fell more than 11% intraday to below 6000 points and has shed nearly 30% this month. SK Hynix dropped over 14%, while Samsung Electronics fell more than 13%. Japan's Nikkei 225 index closed down 2566.27 points, a 3.95% decline, at 62364.92 points. Japanese chipmaker Kioxia plummeted more than 18%.