The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

On-chain analyst Yu Jin’s monitoring shows that an entity suspected to be a16z, currently the largest holder of HYPE, has recently bought and staked additional HYPE after purchasing $24 million worth of the token at an average price of $68.7 in June. Over the past 24 hours, the entity deposited 36 million USDC into Hyperliquid via 12 addresses, with roughly 24 million USDC used to acquire 282,090 HYPE at an average price of ~$81.5. To date, the entity has cumulatively bought and staked 4.679 million HYPE, valued at ~$381 million, with an average holding price of ~$65.6, generating an unrealized profit of ~$74.4 million.

According to monitoring by Onchain Lens, a whale address transferred a total of roughly 387,950 HYPE tokens valued at approximately $31.5 million from OKX, Bybit, Gate, and another wallet over the past day. Subsequently, the address deposited more than 308,000 HYPE tokens into Hyperliquid.

According to monitoring by Onchain Lens, BlackRock-related ETF wallets have withdrawn at least 3,620 BTC from Coinbase Prime over the past 10 hours, worth approximately $282 million. They also withdrew 12,530 ETH, valued at around $30.6 million, bringing the total withdrawn to roughly $312 million.

According to The Information, sources familiar with the matter disclosed that SoftBank is negotiating to acquire a majority stake in startup 1X Technologies, an OpenAI-backed humanoid robot development firm. The deal would value the company at roughly $6 billion. The investment will advance SoftBank’s ambitions in the robotics space while providing 1X with more capital to deploy its flexible-body design robots into consumers’ homes to assist with household chores. The 12-year-old startup tried to raise $1 billion at a $10 billion valuation last fall but reportedly secured less than half of that target. SoftBank CEO Masayoshi Son has long been an investor and owner of robotics developers. He has predicted that physical devices combining robotics technology and artificial intelligence will spawn the next trillion-dollar company. Another sign: OpenAI and 1X were reportedly in talks last year about a potential acquisition of 1X, but the negotiations ultimately fell through.

According to Bitget market data, Hong Kong-listed "the two leading large model players" advanced, with Zhipu AI surging more than 8% at one point and MINIMAX-W rising over 5%.

According to on-chain analyst Ai Yi (@ai_9684xtpa), whale address 0x604…0b21d previously shorted BTC worth $45.17 million between August 24 and 25, exiting the trade with a total loss of $831,000. Early this morning, the address switched to a long position, opening a 12x leveraged long order for 554.71 BTC, with the position valued at roughly $43.72 million — ranking as the 8th-largest BTC holding on Hyperliquid. Its average entry price stands at $80,140.6, and it is currently facing an unrealized loss of approximately $748,000.