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The "Big Short" Michael Burry: Lululemon is his largest holding, and he will actively add to his position if the stock price drops below $100.

1 hours ago

"Big Short" prototype Michael Burry stated in his column *Cassandra Unchained* that Lululemon Athletica is currently the largest holding in his investment portfolio. Burry referred to LULU as the "troublemaker" in his portfolio, and hinted he would buy aggressively if its share price falls below $100. He has added to his position multiple times before, with an average cost of around $120, and has repeatedly called the stock "shockingly cheap". Additionally, Burry previously noted that at current valuations, Lululemon could become an acquisition target for its founder or private equity funds as one potential long-term outcome.

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Robinhood CEO: It first started serving a new generation of first-time investors.

Robinhood CEO Vlad Tenev stated: "Robinhood originally launched to serve a new generation of first-time investors. Today, these customers are steadily building wealth, and their financial needs have grown accordingly. Just weeks after rolling out Trust Accounts, client deposits have surpassed $150 million, with an average account size of roughly $500,000. We aim to accompany and serve them throughout their entire financial lifecycle."

2 minutes ago

Following UNI’s year-to-date high, an address has hoarded 1 million UNI tokens, worth approximately $6.36 million.

According to Yu Jing Monitoring, as UNI prices hit a new yearly high, an address withdrew 1 million UNI from Binance to an on-chain wallet over the past three hours, valued at roughly $6.36 million. Per HTX market data, UNI has broken the $6.5 mark, posting a 12.15% gain in the last 24 hours.

2 minutes ago

Japanese Bitcoin treasury firm Remixpoint holds approximately 1,506.23 BTC, at an average cost of roughly $68,000.

Japanese crypto treasury firm Remixpoint announced that as of today, it holds approximately 1,506.23 Bitcoin, with an average cost basis of around $68,000 per BTC. The book cost of its Bitcoin holdings is roughly 16.105 billion yen (equivalent to about $103 million), while the current market value stands at 19.006 billion yen (approximately $122 million), generating an estimated unrealized gain of 2.901 billion yen (around $18.6 million). Remixpoint had previously sold off its holdings in Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE), and now only retains Bitcoin.

2 minutes ago

Lighter August Update: Open interest exceeds $1 billion, Robinhood instance open interest tops $200 million with RWA accounting for over 70%, tiered fees launched.

According to HTX market data, Lighter (LIT) has recently hit consecutive all-time highs, drawing significant market attention. Today, the project released its August monthly update, showcasing robust core growth metrics: total open interest (OI) surpassed $1 billion, August trading volume reached approximately $395 billion, its global perpetual contract market share rose month-over-month, and it repurchased 927,800 LIT tokens. RWA-related holdings peaked at around 21% of total OI. The Robinhood/Lighter standalone instance stood out with exceptional performance: August trading volume hit ~$5 billion, over 21,000 accounts, gross trading fees of ~$500,000, and OI exceeding $200 million, where RWA accounted for more than 70%. Teams have begun building products on this instance, and partners are bringing new users and use cases via Robinhood Chain. About 20 new integrations were added in August, covering trading terminals, agents, data, and distribution. Lighter is adjusting its revenue model in tiers: Standard accounts retain free basic features, while advanced order types now carry a 1 basis point fee; a mid-tier Plus plan for API users was launched; and Premium rate limits were increased. On the infrastructure front, the Prover Challenge in partnership with EigenLabs exceeded expectations, with potential to boost TPS by several times and reduce proof costs; infrastructure costs have fallen 50% this year. Regulatory-wise, CEO Vlad attended the inaugural meeting of the CFTC’s Innovation Advisory Committee in Washington, continuing to advance compliant services for U.S. users. The team stated more partnerships will be announced by year-end, alongside the launch of various options products.

2 minutes ago

Bonk Guy issues another bullish call for USELESS: Many people will regret not buying at this time.

Trader Bonk Guy (Unipcs) once again posted to hype Solana ecosystem meme coin USELESS, stating: "I think many people will regret not buying USELESS in the next cycle." GMGN data shows Solana ecosystem meme coin USELESS rallied an additional 67% over the past 24 hours, pushing its market capitalization to $213 million. On September 1, "Bonk Guy" noted his bullish sentiment on USELESS is even stronger than when he traded BONK in 2023. Notably, "Bonk Guy" holds 15.9 million USELESS tokens himself. BlockBeats reminds users that most meme coins lack real use cases, are subject to extreme price volatility, and investors should exercise caution.

2 minutes ago

Binance’s US stock trading will be suspended for system upgrade between 18:50 and 22:00 on September 5.

Binance’s U.S. stock trading will be suspended between 18:50 and 22:00 (UTC+8) on September 5 due to a system upgrade at its partner broker. Orders cannot be placed during this period, and service will automatically resume after the upgrade is completed. Users are advised to schedule their trades in advance.

2 minutes ago

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