Huobi HTX has launched CXMT (Changxin Technology) perpetual contracts.

According to on-chain analyst Ai Yi (Twitter handle @ai_9684xtpa), BIT-related entities have a total of 11 addresses. These addresses previously held long positions in ETH and BTC worth a combined $419 million, and have since closed out the positions for a profit of $55.095 million. Currently, address 0xf78…6c581 holds 1,602.11 remaining ETH long positions, valued at $3.97 million, with an unrealized profit of $707,000.

According to monitoring by TradingBeats (formerly Hyperinsight), the biggest loser in the current market cycle, the whale address 0x0ddf "pension-usdt.eth", has nearly exhausted its account funds. On the early morning of August 20, it closed an ETH short position held for roughly 60 days, with a 50,000 ETH position that incurred a loss of about $23.926 million, making it the largest liquidated address on Hyperliquid in recent times. Prior to this, the whale had 23 consecutive profitable completed trades: from mid-February to mid-June this year, its positions in BTC, ETH and other assets generated a total profit of approximately $19.127 million. This single loss equals 125.1% of the gains from its previous 23-win streak, erasing all those profits and adding an extra loss of around $4.8 million. The whale opened this ETH short position on the evening of June 20, with an average entry price of about $1,648.2, and a final average closing price of roughly $2,126.7. During the holding period, ETH rose by around 29.0%, pushing the position’s notional value to $106 million. Its initial effective leverage was only about 2.3x; as unrealized losses continued to erode its equity, even this low-leverage position was forced into liquidation by the adverse market move, and it has now fully exited. Among its last 100 completed trades, the address has an 85% win rate, with 85 wins and 15 losses, 93 of which are concentrated in BTC and ETH, and a median holding period of just about 6.8 hours. This ETH short, however, was held for over 60 days, marking it the most extreme trade for this trader in both duration and single-loss amount. Since October last year, the address has posted a net profit of about $39.294 million from 99 trades. After factoring in this loss, its total profit has dropped to approximately $15.367 million, meaning this single trade wiped out 60.9% of its cumulative gains.

According to market data from BIT (bit.com), US pre-market trading saw gains in the storage and semiconductor sectors, with: NVIDIA (NVDA) up 1.1%; Intel (INTC) up 2.29%; AMD (Advanced Micro Devices) up 1.77%; Micron Technology (MU) up 1.7%; SanDisk (SNDK) up 1.8%; Seagate Technology (STX) up 1.5%; Western Digital (WDC) up 1.82%; SK Hynix ADR up 2.11%.

According to market data from BIT (bit.com), most US-listed crypto-related stocks are rising in pre-market trading. Specifically: Strategy (MSTR) gained 1.8%; Coinbase (COIN) rose 1.96%; Circle (CRCL) climbed 1.27%; BitMine Immersion (BMNR) advanced 2.11%; while SharpLink Gaming (SBET) fell 1.1%.

Beating AI Express, August 25: Before Tim Cook officially stepped down last weekend, Apple hosted a farewell gathering for him at Apple Park, attended by roughly 200 people. The guests were almost entirely Apple employees, with OneRepublic performing in the campus atrium. On September 1, John Ternus will formally take over as CEO, while Cook transitions to Executive Chairman. Speakers at the event included Laurene Powell Jobs, widow of Steve Jobs, former COO Jeff Williams, Services head Eddy Cue, and Ternus. The event was held one day ahead of Cook’s 15th anniversary as Apple CEO. Photos also captured him posing with OneRepublic while holding a guitar. Notably, Cook specifically referenced his partner during his speech, calling him by his name “Mike”. Since Cook publicly came out in 2014, he has rarely discussed his personal life in public or semi-public settings.

According to an official announcement, Huobi HTX has today launched JP225/USDT and ADI/USDT perpetual contracts, supporting long and short positions with leverage ranging from 1x to 20x. Meanwhile, from now until 15:00 UTC+8 on September 1, Huobi HTX is hosting a new crypto contract trading competition. Users who complete registration, trade the eligible contract pairs, and meet the specified thresholds will have a chance to split the total prize pool of 1 billion HTX tokens.