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"Maji" has suffered over $12 million in losses over 10 days, leaving its account balance at just $129,000.

49 minutes ago

According to Lookonchain monitoring, amid the market downturn, the address of "Big Brother Ma Ji" (real name Huang Licheng) has been continuously closing positions to cut losses and prevent liquidation. His account balance has now fallen to just $129,000, a drawdown of $12.08 million from the peak unrealized profit of $5.26 million recorded on October 5.

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VC firm a16z lays off most of its portfolio company recruitment team staff

According to multiple sources cited by Axios, venture capital firm Andreessen Horowitz has laid off the majority of its 34-member portfolio recruiting team. The team was primarily responsible for helping the firm’s portfolio companies hire talent. Andreessen Horowitz will reassign the remaining members of its "full-stack talent team" to specialized investment divisions including growth investing and crypto. The move is intended to allow each investment division to build its own recruiting teams to meet its specific needs, rather than relying on a centralized recruiting team.

8 minutes ago

Hong Kong-listed storage concept stocks decline, with China Southern's twice-leveraged long SK Hynix product falling more than 22%.

According to Bitget market data, Hong Kong-listed storage concept stocks are declining. Southern’s 2x Long SK Hynix product has dropped over 22%, Southern’s 2x Long Samsung Electronics has fallen more than 20%, Montage Technology is down over 9%, and GigaDevice has slid more than 6%. Earlier, South Korea’s KOSPI index slumped 7%, SK Hynix fell 10%, and Samsung Electronics declined nearly 8%.

8 minutes ago

Whale closes $ETH long for $8.93M profit after 56-day hold

The whale who went long on $ETH just before the market rallied has closed his position for an $8.93M profit. He opened a 20,000 $ETH ($48.4M) long on Aug 19 and held it for over 56 days, with unrealized profit peaking at $17M.

8 minutes ago

Whale closes position after precisely going long on ETH ahead of its rally, netting $8.93 million in profit.

According to Lookonchain’s monitoring, a whale that went long on ETH ahead of the market rally has closed its position, locking in $8.93 million in profits. The whale opened a long position of 20,000 ETH (valued at approximately $48.4 million) on August 19, holding the position for over 56 days, during which its unrealized profit once reached $17 million.

8 minutes ago

Arthur Hayes transferred 8,012 ETH to a new wallet, worth approximately $19.41 million.

According to monitoring by Onchain Lens, Arthur Hayes has transferred 8,012 ETH, valued at approximately $19.41 million, to a new wallet.

8 minutes ago

The Nikkei 225 Index fell 4% on the day.

Per Bitget's market data, the Nikkei 225 index fell 4.00% intraday and is now quoted at 65029.47 points.

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