Data: Web3 social application Towns has over 400,000 total users, with over 200,000 token holders

Chinese domestic storage chip leader Changxin Technology (CXMT) opened share subscriptions today. According to Hyperinsight, the Pre-IPO contract price of CXMT (Changxin Memory, whose listed entity is Changxin Technology) on Hyperliquid is currently at $7.26, corresponding to a RMB share price of 48.6 yuan. Calculated based on the post-issuance total share capital of 66.881 billion shares, the on-chain implied market cap is approximately $485.5 billion, equivalent to around RMB 3.3 trillion. Using this market cap as a reference, retail investors who win the allotment in today's online subscription will face a subscription cost of 4,330 yuan per lot (500 shares), with an estimated market value of 24,300 yuan for 500 shares on the first trading day, translating to a profit of roughly 20,000 yuan per lot.

According to Lookonchain’s monitoring, a newly created whale address has deposited $10 million USDC on the Hyperliquid platform to short CXMT (Changxin Memory Technologies, whose listed entity is Changxin Technology). The wallet has opened a 1x short position of 514,357 CXMT, worth $3.8 million, and placed a limit order to build an additional short position of 490,000 CXMT, valued at $4.17 million, between $8 and $9.

According to Bitget market data, the Nikkei 225 index closed down 1,915.97 points, or 2.79%, at 66,835.54 points. Japanese storage chip firm Kioxia plunged 14%. South Korea’s KOSPI index closed down 466.06 points, a 6.4% drop, at 6,818.35 points. SK Hynix fell 11%, while Samsung Electronics declined 8%. South Korea stated it will soon announce measures to resolve the controversy over leveraged ETFs tied to Samsung Electronics and SK Hynix stocks that have exacerbated stock market volatility.

According to Hyperinsight’s monitoring, SPCX was officially added to the Nasdaq 100 Index ahead of the U.S. stock market opening on July 7. The address starting with 0xf929 took a contrarian short position the day before the positive news took effect, likely judging that the good news had already been priced in. It opened its position in the afternoon of July 6 and continued adding to it until the morning of July 10. Currently, this SPCX short position totals 1,005 contracts with an average price of $163.1, for a total short volume of around 44,000 units. As of press time, SPCX is trading at $136.5, and the address has an unrealized profit of $1.167 million, with a return rate of 327.2% and a liquidation price of approximately $202.7. The market’s main current expectation is that SpaceX (ticker: SPCX) will release its first quarterly earnings report after the U.S. market closes on August 6 (Eastern Time). The first earnings-triggered lock-up expiration is around the market open on August 10, allowing the sale of 20% of locked shares; an additional 10% may be unlocked if the stock meets performance targets. The first fixed lock-up expiration of 7% is expected around August 21. In addition to the SPCX position, the address’s long Ethereum (ETH) position also generated high returns. It bought 4,000 ETH on July 2, and currently holds a fully-leveraged long position of around $7.702 million at 20x leverage, with an average entry price of $1,658.7. It now has an unrealized profit of approximately $1.067 million, with a return rate of around 321.6%. Beyond these two high-return positions, the address started bottom-fishing for SK Hynix last night and continued adding to its position this morning. This round totals 5,000 long contracts with a transaction value of around $6.566 million; it currently holds a fully-leveraged position at 10x leverage, with an average price of $1,313.2, and an unrealized loss of approximately $351,000.

According to official announcements, Binance has launched multiple USDT-margined TradFi perpetual contracts, including MUUUSDT, SOXSUSDT, and TZAUSDT perpetual contracts. MUUUSDT corresponds to Direxion Daily MU Bull 2X ETF (MUU), which tracks the daily 2x return performance of Micron Technology. SOXSUSDT corresponds to Direxion Daily Semiconductor Bear 3X Shares (SOXS), tracking the daily 3x inverse performance of the NYSE Semiconductor Index. TZAUSDT corresponds to Direxion Daily Small Cap Bear 3X Shares (TZA), tracking the daily 3x inverse performance of the Russell 2000 Index.

According to market data, Hyperliquid-listed contracts tied to Taiwan Semiconductor Manufacturing Co. (TSM) surged intraday before pulling back, with their decline once widening to over 4%. Earlier, TSMC released its Q2 2026 financial report: net profit rose 77% year-on-year to NT$706.6 billion, hitting a record high and beating market expectations; Q2 revenue grew 36% year-on-year to NT$1.27 trillion, while high-performance computing (HPC) segment revenue increased 20% quarter-on-quarter.