KITE Foundation: Attack on KITE Token Detected, Neutralized With No Funds Lost

According to EmberCN’s monitoring, a trader spent $200,000 buying LAPTOP tokens last night, only for the value to plummet to just $700 a few hours later. The trader added to their position in the early morning, spending $49,000 to purchase 24,367 LAPTOP at a price of $2 per token. LAPTOP has now fallen to $0.8 per token. The trader currently holds 25,286 LAPTOP, with an average cost basis of $9.8 per token, resulting in a 92% unrealized loss of $227,000.

According to TradingBeats monitoring, Loracle, the largest short seller on the PONS chain, has turned profitable. Its current PONS short positions are valued at $17.78 million, with an unrealized profit of $660,000. The entry price is $0.67, while the current price is $0.64; earlier, its PONS short positions once posted an unrealized loss exceeding $7 million. Loracle’s total net unrealized loss from major short positions now stands at approximately $16.2 million, with key positions as follows: Short HYPE worth $36.99 million, entry price $53.97, current price $83.25, unrealized loss of $13.01 million; Short SNDK worth $27.71 million, entry price $1,485.67, current price $1,748.50, unrealized loss of $4.17 million; Short NVDA worth $18.96 million, entry price $225.70, current price $223.10, unrealized profit of $220,000; Short MU worth $10.68 million, entry price $870.69, current price $1,020.20, unrealized loss of $1.57 million; Short CASHCAT worth $5.87 million, entry price $0.21, current price $0.16, unrealized profit of $1.66 million.

According to EmberCN’s monitoring, crypto KOL XXAntiWar—who earlier booked over $860,000 in unrealized profit from chasing the "Niu Lai" rally—shorted ZEC worth $6.62 million in the early hours of today. 2.19 million USDC was transferred to his Hyperliquid address overnight, used to short 5,200 ZEC at an entry price of $1,273, amounting to $6.62 million.

Hunter Biden, son of former US President Joe Biden, has stated that the X account of Meme coin LAPTOP Foundation has been suspended. The team is working to restore the account, will release updates via Medium in the interim, and confirmed the foundation will not exit the LAPTOP project. The latest project announcement notes that the team will deploy 4 million LAPTOP tokens (0.40% of total supply) to the Aerodrome liquidity pool starting at midnight UTC on September 10 to incentivize liquidity. Separately, two events under the protocol’s prediction allocation mechanism have been resolved as "YES", leading to the burning of 10 million LAPTOP tokens—permanently reducing the circulating supply by 1% within the token’s first week of launch. The team reiterated: "Do not expect us or anyone to make this token more valuable to you. LAPTOP was built to express a certain attitude."

According to GMGN data, recent on-chain hot tokens and leading meme tokens have generally entered a correction phase. Details are as follows: On the Robinhood chain: MEME is down 23% over 24 hours, with a current market capitalization of $62 million, after previously hitting a peak of over $170 million; CASHCAT is down 12% in 24 hours, current market cap at $162 million; AI is down 16% in 24 hours, current market cap at $193 million; microduck is down 46% in 24 hours, current market cap at $9.4 million; BONER is down 18% in 24 hours, current market cap at $36 million. Pair.fund platform token PAIR is down 27% in 24 hours, with a current market cap of $6.5 million. Stratton Market project token STRATTON is down 56% in 24 hours, its market cap now standing at just $1.6 million. OuroLayer token OURO is down 47% in 24 hours, with a market cap of $2.1 million. On the BSC chain: Niu Lai is down 21% in 24 hours, current market cap at $81 million; Hakimi is down 27% in 24 hours, current market cap at $32 million; 4Stock is down 37% in 24 hours, current market cap at $33.5 million; The meme coin Meme Build, paired with BNC4, has seen its market cap evaporate by 90% in 24 hours, now at $2.3 million. On the Solana chain: ZCAT is down 18% in 24 hours, current market cap at $85 million; USELESS is down 23% in 24 hours, current market cap at $220 million. BlockBeats reminds users that token prices are highly volatile, so investment should be approached with caution.

Renowned trader Bonk Guy’s publicly disclosed portfolio on the Fomo platform is currently valued at $16.43 million, with a 24-hour drawdown of $3.47 million, while it has still grown by $3.93 million over the past seven days. He previously stated, “I’m completely unfazed by the drawdown, and I’m very confident my portfolio will hit new highs and eventually reach $50 million.” Below is a breakdown of Bonk Guy’s current portfolio, including only tokens with holdings valued over $200,000: PONS: $6.9837 million, return of 10,213.81% USELESS: $3.5704 million, return of 311.72% MarsCoin: $2.6635 million, return of 172.46% Basecat: $683,300, return of 38.33% MEME: $628,900, return of 34.45% ◆: $243,700, return of 61.66%