Li Yihua: The breakdown of the $79,000 strong support level triggered by a black swan event was unplanned, and the best time to buy the dip is approaching.

Per Binance Wallet’s announcement, PREDICT Alpha trading has been postponed. The updated trading start time will be announced in an official notice.

According to TradingBeats’ monitoring, the INTC perpetual contract on Hyperliquid is trading at $70.96, down roughly 22.36% in the past 24 hours, with a trading volume of approximately $242 million over the same period. Intel’s post-earnings update showed its Q4 revenue and EPS both fell short of market consensus, with EPS missing the $0.43 estimate. The company warned that the weak PC market could persist through the first half of 2027. Amid the price slump, existing short positions continued to expand: Trader “CBB” added a net ~55,800 INTC short contracts from last night to this morning, currently holding ~$11.65 million in short positions at an average price of $81.86, with an unrealized profit of ~$1.7945 million and a liquidation price of $100.06. The account has partially realized ~$238,000 in trading profits (0x49e9…e1d0) during this period. A large bottom-fishing move emerged this morning: Over the past hour, a whale bought ~$7.5654 million in INTC long positions at an average price of $71.40, with an unrealized loss of ~$44,000 and a liquidation price of $47.64 (0x54b2…af8a).

In its latest announcement, Binance confirmed it will cover all losses from the SAFU Fund and its corporate funds in this hack incident. The crypto exchange reiterated that user funds remain secure. Once remediation work is completed, Binance will also release an updated proof of reserves. As immediate preventive measures, the platform has: temporarily suspended deposits and withdrawals until security checks are finalized; revoked authorizations for affected addresses; and contacted law enforcement agencies and blockchain intelligence partners to track and recover the funds.

Per TradingBeats monitoring, the largest long position address for INTC (Intel) on Hyperliquid is 0x54b2…af8a, which opened a long position of ~$7.57 million in INTC at an average entry price of $71.40, with a liquidation price of $47.64. Its current holdings are ~105,950 INTC tokens, valued at ~$7.45 million, for an unrealized loss of ~$140,000. Data from the BIT stock platform shows Intel (INTC.O) plunged 22% in US after-hours trading. Intel projects Q4 revenue of $15–16 billion, versus market expectations of $17.1 billion.

Pendle issued a statement noting the protocol has no risk exposure to Binance. Both Pendle V2 and Boros are fully on-chain, non-custodial, with secure funds, their products are operating normally, and the project wishes all affected parties in the industry every success.

Binance issued an update on its security incident, stating initial investigations show the breach may involve a DevOps engineer’s laptop being compromised. Attackers exploited this access to enter service containers and submit unauthorized withdrawal transactions. No evidence of any wallet private key leaks has been detected so far. The total estimated impact is approximately $6.3 billion; Binance has frozen related assets with blockchain partners, with on-chain frozen assets totaling around $3 billion. The exchange will cover all losses via its SAFU fund and corporate funds, ensuring user funds remain secure. An updated proof of reserves will be released after the fix is completed. As an immediate measure, Binance has temporarily suspended deposits and withdrawals to conduct security checks, revoked authorizations for affected addresses, and is collaborating with law enforcement and blockchain intelligence partners to track and recover funds. A full technical post-mortem will be published once the investigation concludes and facts are verified. Please only access the latest developments through official channels.