SHELL Buyback Address has once again withdrawn 1 million tokens from Binance, and the buyback progress has reached 81.2%.

According to Hyperinsight monitoring, ZHIPU has fallen 28% from its recent high over the past week, currently trading at $251 on Hyperliquid, with a 3.8% drop in the last 24 hours. Alongside the price decline from its peak, the largest long position holder of ZHIPU on the platform is approaching liquidation, with only a $27 gap to the liquidation price of $224. This whale opened a $1.01 million long position on June 26 at an average entry price of $268.58, and is currently facing an unrealized loss of 63.5%. The main pressure factor in the market recently stems from the upcoming unlock of shares held by cornerstone investors on July 8. At that time, the number of free-floating shares is expected to increase approximately threefold from the current level, raising concerns about potential selling pressure.

According to Bitget's market data, the three major U.S. stock index futures continue to rise: the Dow Jones index futures are up 0.41%, the S&P 500 index futures are up 0.71%, and the Nasdaq 100 index futures are up 1.08%.

According to Bitget market data, US-listed optical communication sector stocks were mixed in pre-market trading: Corning (GLW) rose 3.77%, Nokia (NOK) fell 0.08%, AAOI gained 1.48%, LITE gained 0.78%, and MRVL gained 1.96%.

According to Bitget market data, the U.S. stock storage sector saw broad pre-market gains, with individual stocks performing as follows: Seagate Technology (STX) up 1.55%, Western Digital (WDC) up 2.48%, SanDisk (SNDK) up 1.59%, and Micron Technology (MU) up 2.16%.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the Hyperliquid whale who previously shorted 16 altcoins to net $13.68 million is suspected of reselling ETH. Since June 24, the address has transferred ETH worth $21.82 million to trading platforms, with an estimated total loss of $5.485 million. Four hours ago, the same address deposited an additional 6,860 ETH (valued at $10.8 million) into Binance; selling this would incur a $2.86 million loss.

SK Hynix officials said financing for its new factory will primarily be based on operating cash flow, with the scale and timing of financing adjusted flexibly according to market conditions. The company is also exploring multiple financing options, including partnerships with global partners.