News linked to this event type.
Odaily News: DeFi researcher Ignas posted on X platform stating that current stock and Meme coin narratives essentially depend on trading volume and transaction fees to function. If trading volume dries up, rewards and buybacks will also disappear, thereby weakening token-holding incentives and ultimately leading to sell-offs.He cited examples: STONK, PONS, and CASHCAT all use platform fees for token buybacks or burns; INDEX uses transaction fees to purchase tokenized stocks; ZCAT funds ZEC rewards through transaction taxes. Additionally, SHROOM reinvests fees generated by the LP network back into liquidity.Ignas used Coinbase's previous cycle as an example, noting that its quarterly trading volume dropped from $547 billion in Q4 2021 to $145 billion a year later, a decline of approximately 74%, and pointed out that Meme coin trading volume could see an even more pronounced drop after the hype fades. Therefore, directly extrapolating these projects' annual revenue or yield rates based on current high trading volume and fee levels may overestimate their sustainability.
Odaily News: According to on-chain analyst Yu Jin's monitoring, XX (@XXAntiWar) transferred 2.19 million USDC into Hyperliquid in the early hours of today and shorted 5,200 ZEC at a price of $1,273, worth $6.62 million. The position currently has an unrealized profit of $220,000, with a liquidation price of $1,613.
Odaily News: According to Bitcoin News monitoring, DART stated that it and independent white-hat researchers have recovered over 50 BTC from wallets affected by the COLDCARD entropy vulnerability, completing the transfer before malicious attackers could steal the funds. DART is a digital asset recovery organization that works with white-hat researchers to protect vulnerable funds and coordinate their lawful return to owners. The white-hat researchers did not request a bounty and will return the Bitcoin to its owners.The rescued BTC has been transferred to the Crypto Recovery Trust. This trust is a dedicated statutory trust established under Wyoming state law to hold recovered digital assets and return them after confirming and verifying the legitimate owners. The trust will document the recovery process, separate the BTC from DART and researchers' funds, conduct blockchain analysis, ownership verification, and sanctions screening, and provide a lawful return process for verified owners. If ownership is disputed, or if the relevant funds involve sanctions or criminal proceedings, the BTC will be handled in accordance with applicable legal procedures. DART stated that other vulnerable assets and recovery leads are still under review.
Odaily reports: According to on-chain analyst Yu Jin's monitoring, a certain address spent $200,000 to buy LAPTOP, and within hours the position value dropped to $700. This address spent another $49,000 early this morning to buy 24,367 LAPTOP at a purchase price of $2, and the current price has dropped to $0.8. This address currently holds 25,286 LAPTOP, with an average cost of $9.8, representing an unrealized loss of 92%, or a loss of $227,000.
Odaily News - Trader BonkGuy (Unipcs) stated on the X platform that panic sentiment is evident across multiple group chats he is in, with many believing "the market cycle is over." He noted that market volatility itself creates opportunities, and sharp price dislocations can lead to asymmetric upside potential. In his view, any market correction before the fourth quarter can be viewed as a buying opportunity, and investors should not be shaken off by market fluctuations before the "real rally" arrives.
Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.
Odaily News - Bloomberg ETF analyst Eric Balchunas stated on the X platform that Tema is launching a prediction market ETF. However, this product is a thematic ETF, not an actual event contract ETF, which the SEC is still considering. The ETF will allocate 15% of its positions to private assets from Kalshi and Polymarket, with a management fee of 75 basis points.
Odaily News: Buying on the first day of the conflict, bottom-fishing right before strikes were paused, and clearing positions before strikes resumed... Trump’s investment accounts have reportedly executed 23 “Buffett-level trades” over the past six months, with unrealized gains exceeding one million dollars.It is reported that during the first six months of the ongoing geopolitical conflict, investment accounts linked to Trump generated substantial returns through active trading in energy stocks. These holdings spanned nine major players in the U.S. energy sector, significantly benefiting from supply disruption fears triggered by the conflict. A report released in August by the Democratic staff of the U.S. Congress Joint Economic Committee (JEC) provided a higher estimate, calculating that Trump’s broader oil and gas investment portfolio has increased in value by up to $15.5 million so far this year.The report quickly sparked political backlash. Democratic Senator Elizabeth Warren publicly criticized Trump, stating that his initiation of the conflict with Iran this year directly drove the surge in oil and gas stocks—while his own substantial holdings rose accordingly. (CNBC)
Odaily News: According to Onchain Lens monitoring, a trader bought 471 LAPTOP tokens for $997 and sold them all two minutes later for $66,800, securing a profit of $65,100—a 65x return.
Odaily Odaily News: Hyperbot data shows that trader Based16z has just closed a long position of 7,650 VVV tokens, worth approximately $200,000, and still holds 83,290 VVV tokens in long positions, worth approximately $2.2 million. Data shows that the trader has realized and floating profits totaling over $600,000 in less than 24 hours.
Odaily News, According to Lookonchain monitoring, Wintermute received 2.5 million LAPTOP tokens from the LAPTOP team and is currently selling them on-chain. As of now, Wintermute has sold 466,255 LAPTOP tokens at an average price of $4.47, worth approximately $2.08 million.
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), a whale trader (0xbf7…5d58) went long on $ZEC on Hyperliquid, with cumulative profits reaching $15.79 million and $6.16 million over the past 30 days. The trader recently partially closed their position, realizing a +$3.69 million profit, and currently holds a long position of 5,000 $ZEC tokens valued at approximately $6.31 million. With an average entry price of $869.64 and a current price of $1,262, the unrealized profit stands at approximately $1.96 million.
On-chain analyst Ai Yi (@ai_9684xtpa) monitored that two addresses each claimed 4,276 $LAPTOP tokens from the Hunter Biden Substack subscriber airdrop contract, subsequently selling them for profits of $404,000 and $243,000 respectively, totaling over $647,000. The two addresses exhibit overlapping ETH transactions, and address 0x8DA…4A18d has transferred the earned USDC to @FloB_Safe (Safe architect)'s publicly tagged address, indicating a suspected insider connection.
Odaily News, according to on-chain analyst Ember's monitoring, an address purchased 919.4 LAPTOP tokens at $217.5 each roughly 55 minutes ago, spending about 200,000 USDC.Just about 50 minutes later, the price of LAPTOP had dropped to $4.4. The address's holdings shrank by 98% to approximately $4,045, with unrealized losses of about $196,000—making it one of the heaviest-loss addresses known on LAPTOP so far.
加密 KOL Rune（@RuneCrypto_）发文表示，LAPTOP 空投领取过程中出现一组存在直接资金往来的新建钱包。新建钱包 0x8DA...A18d 免费领取 4276 枚 LAPTOP 后，将其出售并获得约 40 万美元。 随后，该钱包向另一新建钱包 0xc27...b591 转入 0.02 枚 ETH。后者同样免费领取 4276 枚 LAPTOP，并立即卖出；由于币价已较前一地址卖出时下跌，该笔交易仅获得约 20 万美元。Rune 形容，LAPTOP 的相关链上活动正「变得奇怪」，但未确认两个钱包是否由同一主体控制。
BitTorrent's native token BTT is now officially listed on Binance US, with deposits now open. The BTTC/USDT trading pair will officially commence trading at 7:00 AM Eastern Time on September 10. BTT is the native cryptocurrency of the BitTorrent protocol built on the TRON blockchain, primarily designed to incentivize the decentralized file-sharing ecosystem. Users can earn BTT by seeding, and can also utilize BTT to accelerate downloads, pay for decentralized AI compute and storage space, and across multiple other scenarios, creating a closed-loop value system. This listing on Binance US marks a further expansion of BTT's reach in the North American market and delivers a more convenient circulation and usage experience for global users.
Odaily News - According to monitoring by crypto trader Rune, an unusual transaction involving LAPTOP tokens has been detected. A new wallet (0x8DA...A18d) claimed 4,276 LAPTOP tokens for free and subsequently sold them, cashing out approximately $400,000.More notably, the wallet then transferred 0.02 ETH to another new wallet (0xc27...b591), which likewise claimed 4,276 LAPTOP tokens for free and immediately sold them after the price dropped due to the previous sell-off, cashing out approximately $200,000.Both wallets are newly created addresses, claimed identical amounts, and the first wallet provided ETH to the second—highly correlated on-chain behavior that has prompted community speculation about potentially linked addresses or coordinated selling.
Following the launch of the Hunter Biden-related meme coin LAPTOP, well-known trader Bonk Guy stated that LAPTOP is a trap designed to fleece retail investors. Bonk Guy had previously warned that the token is a classic Pump & Dump scheme and advised users to instead hold $USELESS Coin.
Odaily News: According to on-chain analyst Ai Yi's monitoring, Commander P (0xa50...282f) exited his full position 4 minutes ago, ultimately realizing a profit of $970,000, with a return rate of 387.4%. The buy price was $27.383, and the average sell price was $133.7. This address has been consistently active on the Base network, though its past trading performance on Base has been average.
Odaily News: According to Onchain Lens monitoring, a trader bought 1.497 million PONS tokens over 9 days, spending approximately 378.23 ETH (around $936,000), and subsequently sold all of them, receiving approximately 473 ETH (around $1.17 million). The profit amounted to about 94.77 ETH (around $234,800), with a return rate of 25.06%.