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According to Korean media Asiae, six top Silicon Valley VC firms, including Sequoia Capital, a16z, Khosla Ventures, Lightspeed Venture Partners, General Catalyst, and NEA, announced the signing of a strategic investment cooperation memorandum of understanding (MOU) with the South Korean National Pension Service (NPS), planning to jointly explore investment opportunities, share investment information, and strengthen their global venture capital layout. Additionally, with the South Korean government accelerating policies to attract overseas venture capital, coupled with the launch of the 200 trillion won "National Growth Fund," the market expects the Korean venture capital sector to see simultaneous inflows of policy funds, private capital, and overseas capital, with strategic industries such as AI and semiconductors expected to receive more investment. However, industry insiders warn that if a large amount of capital concentrates on a few popular enterprises, it may push up corporate valuations and create bubbles, potentially facing valuation correction pressure during future IPO and M&A exits, affecting fund return rates.
CryptoQuant analyst Axel Adler Jr. stated on X platform that Bitcoin's MVRV Z-Score has dropped to approximately 0.42, about four times lower than its historical average of 1.7, indicating Bitcoin is currently in an undervalued zone. However, this metric has not yet entered negative territory, suggesting the market has not shown the "capitulation selling" typically associated with cycle bottoms.Meanwhile, Bitcoin's 7-day Realized P/L has turned positive from negative, currently standing at approximately $239 million, indicating that on-chain selling pressure has eased. The analysis suggests that while the market is currently in an undervalued and short-term stabilization phase, it has yet to show the capitulation signal needed to confirm a cycle bottom, nor is there clear demand-driven momentum from a new cycle.
According to crypto KOL AB Kuai.Dong (@_FORAB), in September 2021, Country Garden injected 2 billion yuan into CXMT at 2.22 yuan per share, acquiring 901 million shares. At the end of 2024, due to being deeply mired in the real estate liquidity crisis, Country Garden was forced to liquidate all its CXMT equity at the original price, with Hefei state-owned capital taking over. If held to date, the return on this investment would be as high as 23 times. Hefei state-owned capital continues to bet on CXMT, currently holding 36.79%, with book returns exceeding 1 trillion yuan.
a Milk Road AI analyst posted an analysis on X regarding the surge in CXMT's (ChangXin Memory Technologies) stock price. The analyst noted that in the past year, CXMT's global DRAM market share has risen from less than 4% to approximately 7.7%-8%. In the first quarter of this year, its revenue surged 719% year-over-year to 50.8 billion RMB. This growth is primarily attributed to Samsung, SK Hynix, and Micron shifting more production capacity towards AI server memory (especially HBM), creating a supply gap in the traditional DDR5 and LPDDR5 markets, which CXMT has capitalized on to fill the demand for mid-to-low-end DRAM.However, CXMT's current production capacity remains far from sufficient to meet global demand. Its monthly wafer capacity is approximately 290,000 to 320,000 wafers, significantly lower than Samsung's roughly 630,000 wafers and SK Hynix's approximately 500,000 wafers. Additionally, US export restrictions on advanced lithography equipment are also constraining CXMT's pace of further expansion.The analyst believes that CXMT will find it difficult to enter the HBM market in the short term and therefore will not change the supply-demand dynamics of AI memory. Samsung, SK Hynix, and Micron will continue to maintain their advantages in high-margin products such as HBM, server DRAM, and LPDDR5X, suggesting that the global memory shortage cycle may persist.
According to Odaily, a 26-year-old male trader at Hong Kong's Chee Fu Management Services Limited allegedly misappropriated HK$50 million of company funds as margin to purchase the CSOP Direxion 2x Long SK Hynix ETF using leveraged financing.Due to the double leverage of margin financing combined with the 2x leveraged ETF, the position incurred paper losses of approximately HK$150 million. The ETF had risen to an all-time high of HK$193.65 in late June, but subsequently corrected along with the semiconductor sector, falling over 72% to HK$52.58 as of July 20.The trader has been arrested by police on suspicion of theft. As the position has not yet been closed, the final loss will continue to fluctuate with price movements. (Tencent News)
According to Tencent News "YiXian", a 26-year-old male trader at Hong Kong Zhi Fu Management Services Limited misappropriated 50 million HKD of company funds as margin without authorization between January 9 and July 20 this year, using financing leverage to heavily buy the HKEX-listed CSOP 2x Long SK Hynix ETF (07709.HK), ultimately resulting in paper losses of up to 150 million HKD. Driven by the memory chip theme, the ETF surged to a historical high of HKD 193.65 at the end of June this year, but subsequently the semiconductor sector corrected sharply. As of July 20, it had plummeted to HKD 52.58, a decline of over 72%. Hong Kong financial professionals analyzed that the combination of double leverage from margin financing and the 2x Long ETF was the main reason why the 50 million principal turned into a 150 million huge loss. The incident was uncovered during the company's recent audit. The man involved was arrested by the police on July 20 on suspicion of "theft". Currently, the relevant stock positions have not yet been forcibly liquidated, and the final loss remains uncertain. After the incident, some clients of Zhi Fu Securities made risk-avoidance withdrawals.
according to on-chain analyst Ai Yi's monitoring, a whale has withdrawn another 120 WBTC, worth approximately $7.8 million, from the exchange over the past two hours. As of now, this whale has accumulated a total of 59,400 ETH and 820 WBTC since July, with a total value of $156 million. The average cost is approximately $1,742 and $64,329, respectively, with floating profits of $8.927 million.
Odaily News: According to Onchain Lens monitoring, a whale has accumulated and withdrawn 281,140 LINK from Binance, worth approximately $2.45 million. The wallet had previously received ETH from Binance 58 days ago to pay for gas fees.
According to charts released by independent analyst Markus Thielen on July 27, 2026, the Bitcoin price and Relative Strength Index (RSI) trends show a clear divergence signal. The RSI recently fell to the 30% oversold zone, then rebounded to around the 50% level, while the BTC price also recovered from near the lows to approximately $64,645. Notably, the purple downward trend line in the chart shows that since the June 2025 high (approximately $125,000), BTC has been overall in a downward channel; the current price is still suppressed by this resistance line, and whether it can effectively break through will be key to judging subsequent trends.
According to TechFlow Research, Bank of America's Global Memory Weekly Report on July 24 pointed out that PC DRAM contract prices in July rose 15%-20% month-over-month, with Q3 month-over-month increases reaching 30%-40%, far exceeding TrendForce's forecast of 13%-18%, and spot prices strengthened simultaneously. South Korea's semiconductor exports in the first 20 days of July totaled $22.1 billion, up 181% year-over-year; China's memory imports in June reached $32 billion, hitting a record high, up approximately 250% year-over-year, while the impact of CXMT's capacity expansion remains limited. Bank of America analysts expect Google's capital expenditures in 2026/2027 to reach $200 billion/$300 billion respectively, a significant increase from $91 billion in 2025, implying that memory chip procurement in 2027 needs to be more than 50% higher than in 2026. Google's annual cash and equivalents from 2026-2028 will exceed $50 billion, which is a positive signal for memory chip capacity expansion. Samsung Electronics is expected to announce large-scale buybacks, early dividend payments, and more optimistic second-half/2027 guidance at its July 30 earnings conference call; Bank of America maintains a buy rating on Samsung.
on July 27 that during an interview with crypto KOL Ansem, Coinbase CEO Brian Armstrong stated that the crash of related Meme coins triggered by his change of X avatar was a complete misjudgment of the community's reaction. He described it as a "wake-up call" and said he will try to communicate expectations more clearly in the future.Previously, the Meme coin Brain attracted market attention because it adopted the native B20 token standard introduced by the Base chain's Beryl upgrade, and its token name was derived from Brian Armstrong. After Brian Armstrong briefly changed his X avatar to match the coin's icon, the community speculated, driving up trading activity.Later, when Brian Armstrong changed his X avatar again, Brain faced massive sell-offs and gradually collapsed to zero, sparking controversy within the community.
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), the $CXMT price surged 12.7%, causing a $2.39 million short position on Hyperliquid to be liquidated. The trader opened the position 35 hours ago at an average price of $6.003 and was finally liquidated at $6.693, incurring a loss of approximately $274,700 from this liquidation. The wallet deposited 240,000 USDC two days ago, currently still holds 232,000 USDC, and has a historical cumulative PnL of +$272,100.
According to on-chain analysis platform Lookonchain (@lookonchain), BitMart (@BitMartExchange) has announced closure; withdrawal services remain nominally open, but only 58 wallets completed withdrawals in the past 24 hours, totaling approximately $805,000, and the platform has not processed any withdrawal requests in the past 8 hours.
According to "Digital Assets", South Korean blockchain platform WEMIX released an official announcement on July 27, acknowledging a security incident involving its stablecoin WEMIX$ (WEMIX Dollar) smart contract. The incident occurred at 6:18 PM on July 26, when the owner permissions of the WEMIX$ smart contract were hijacked, resulting in approximately $6.25 million (approximately 87 million KRW) worth of WEMIX$ being abnormally minted and transferred to external addresses. WEMIX stated that it has identified the addresses suspected of being used in the attack and is conducting on-chain tracking, while collaborating with major exchanges and blockchain security agencies to monitor the flow of stolen assets, and will cooperate with law enforcement agencies if necessary.
Odaily News: According to Lookonchain monitoring, due to a sudden price surge in CXMT, trader 0x517b's 272,505 CXMT short positions were completely liquidated, valued at $1.8 million, resulting in a loss of $249,000.
According to monitoring by Onchain Lens, a whale has been shorting Changxin Technology (CXMT) since yesterday, with the current short position size reaching approximately $18 million, at an average opening price of around $6.4 (approximately 43 yuan).The address has previously set limit orders to close this short position, with a price range of $2 to $4.5 (approximately 13 to 30 yuan). The pre-market price of CXMT once rose to $7, resulting in an unrealized loss of approximately $1.4 million for this whale.
that, according to Onchain Lens monitoring, the Chainlink whale (0xF5B...9650) has received 467,180 LINK, worth approximately $3.94 million, from Binance over the past 13 hours. This includes 253,920 LINK, valued at around $2.14 million, and 213,260 LINK, valued at approximately $1.80 million. The most recent transfer occurred 3 hours ago. This whale currently holds 2.05 million LINK, worth approximately $17.7 million.
CryptoQuant analyst Darkfost posted on X, stating that a significant liquidity cluster has formed below the current Bitcoin price, concentrated between $61,500 and $60,000. In the coming days, there is a possibility of a market pullback that could trigger liquidations within this liquidity zone. Typically, areas where a large number of stop-loss orders and leveraged positions gather are prone to attracting price volatility and become key targets for market liquidity release. However, this analysis is based on on-chain liquidity structure and does not necessarily mean the market will definitely drop to the aforementioned range. Investors should still pay attention to subsequent price trends and changes in market sentiment.
CryptoQuant analyst Darkfost stated on platform X that the holdings of Bitcoin long-term holders (LTH, those holding coins for over 6 months) have reached a new all-time high, currently exceeding 16.3 million BTC. Their average cost basis is approximately $49,400, yielding only about 30% in unrealized profit at the current price, which is relatively low. In comparison, the net unrealized profit for long-term holders reached as high as approximately 340% in January 2025.Darkfost also noted that towards the end of the last bear market, long-term holders were collectively in a state of approximately 20% unrealized loss, and the market ultimately experienced a deeper correction. This suggests that the market could still see further corrections in the future, potentially pushing long-term holders back into loss territory. However, this is not necessarily a guaranteed repetition of historical patterns. He advises investors to prepare for both market rallies and corrections.
13.8 million TRUMP tokens (21.94 million USD) were transferred into Binance, OKX, and Kucoin 15 minutes ago.