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Binance Alpha has launched the second round of RAVE airdrop, with a points threshold of 256 points.

19 hours ago

According to a Binance announcement, Binance Alpha has opened the second airdrop for RaveDAO (RAVE). Users holding at least 256 Binance Alpha points can claim 270 RAVE tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the claim threshold will automatically drop by 5 points every 5 minutes. Each claim consumes 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours; failure to do so will result in forfeiture of the reward.

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The ENS address 58bro.eth engaged in high-selling and low-buying, offloading 8,000 ETH at a high point a week ago, then repurchasing 10,501 ETH at a low.

According to Lookonchain's monitoring, trader 58bro.eth (@0x58bro) sold 8,000 ETH at around $2,397 a week ago, cashing out approximately $19.18 million. Over the past two days, he repurchased 10,501 ETH at an average price of roughly $1,978, spending about $20.77 million. The trader has earned a total profit of around $39.66 million on Hyperliquid, with a win rate of 87.5%.

12 minutes ago

Abraxas Capital's Hyperliquid hedging accounts hit $512M total profit with shorts down to $572M

Abraxas Capital's 2 hedging accounts on Hyperliquid have now made over $512M in total profit. Their combined short positions have dropped to $572M.

12 minutes ago

Smart trader 58bro.eth sold 8K $ETH at $2,397, bought 10.5K back at $1,978 for $39.66M profit

Smart trader 58bro.eth (@0x58bro) sold 8,000 $ETH ($19.18M) at $2,397 a week ago, then bought 10,501 $ETH ($20.77M) back at an average price of $1,978 over the past 2 days. 58bro.eth has made a total profit of $39.66M on Hyperliquid, with an impressive 87.5% win rate!

12 minutes ago

DI completes new financing round at $100 million valuation, with OKX Ventures among the investors.

Decentralized intelligence project DI has announced the completion of its latest financing round, with a valuation of $100 million. The specific amount raised was not disclosed, and investors include OKX Ventures, Lingfeng, DraperDragon, W3 Storage Lab, DepinX, Central Pinnacle Technology Limited, and several individual investors. DI stated that the project is committed to building a user-owned AI financial agent network targeting the U.S. stock and crypto markets, which helps users explore investment insights, verify market hypotheses, and analyze market dynamics. Its first product, Event Engine, is set to launch soon, and will analyze market events through multiple professional AI agents, presenting the consensus, disagreements, and underlying reasons among different agents.

12 minutes ago

The Big Short's Michael Burry ramps up short positions on Nasdaq and semiconductor stocks, warning the AI boom risks falling into a "bull trap".

"Big Short" investor Michael Burry doubled his put option positions on the Nasdaq 100 index on November 12, when the index rebounded to near 27,000 points, and re-established put option positions on the VanEck Semiconductor ETF, with the options set to expire in early 2027. Burry compared the Nasdaq 100's recent peak hit on October 6 to the top of the 2000 dot-com bubble, arguing the current AI boom may be forming a new "bull trap", and predicted chip stocks and the tech sector will see a significant correction before mid-2027. In response to NVIDIA CEO Jensen Huang's departure, Burry advised investors to "exit", noting the leadership change could hit NVIDIA's profit margins and growth prospects, and spill over to the entire AI infrastructure supply chain. He also named NVIDIA key clients CoreWeave, Nebius, and chip foundry TSMC, saying these firms could face knock-on impacts. BlockBeats reported yesterday that Michael Burry disclosed his latest portfolio adjustments via his Substack account, showing he recently added to positions in PayPal (PYPL), MercadoLibre (MELI), Sprouts Farmers Market (SFM), Adobe (ADBE), JD.com (JD) and Ero Copper (ERO), while re-buying Lululemon (LULU), indicating he continues to adjust his stock portfolio.

12 minutes ago

Donald Trump is reportedly planning to bring Elon Musk on his upcoming Asia visit next week, while avoiding any mention of NVIDIA and Jensen Huang.

According to the Associated Press, U.S. President Donald Trump plans to bring Elon Musk along on his upcoming Asia trip next week. Anonymous government officials revealed that Musk, the head of SpaceX and Tesla, holds significant interests in economic and national security, making him a valuable advisor to Trump. Officials also disclosed that Trump does not intend to mention the Jensen Huang-related incident, and the U.S. government believes the Nvidia incident will have no impact on this visit. Trump is scheduled to arrive in the Philippines next Tuesday to meet with leaders of ASEAN member states. During his stay in Manila, he plans to sign a trade agreement with Thailand and hold a meeting with the Quad (Quadrilateral Security Dialogue) group, which consists of the United States, India, Australia, and Japan.

12 minutes ago

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