During the day, Chinese-language communities were still following the Jensen Huang story, and had already dug up the woman involved, Huang Le, the Singapore data center company Megaspeed, and claims about cross-border computing-power rentals. U.S. markets hadn’t opened yet, but Binance NVDA perpetuals briefly dipped to around -4.2% relative to Friday’s close, and people were opening short positions on Hyperliquid and Aster. As for the market, $BTC kept hovering around 74,000 during the day, with prices mostly between 74,400 and 74,450 by evening; $ETH fared even worse, with one report putting it at around 2,115, down roughly 5.7%. On-chain, though, some people started buying after the sell-off: one address bought 10,000 ETH at around 2,155, while a wallet dormant for over two years withdrew about 34,600 ETH from Binance.
In the latest buzz, a HYPE whale transferred about 512,000 redeemed tokens to FalconX, which was interpreted as a possible sell-off. After JCT surged about 10x, it then halved, wiping out short sellers. Some people also called it a has-been and mentioned a large unlock coming up. AIN and IDOL are still following the same pattern of sharp swings driven by market makers, while a small circle continues promoting GSTOCK as a stock-themed meme coin. In Chinese-language communities, the prevailing view is that Elysium’s mainnet will officially launch at 21:00 tonight, so for now, don’t treat it as a signal that it’s already live.
There was plenty happening on the sidelines, too: Binance’s fireside chat is scheduled for 20:00 tonight, as planned; Alpha withdrawals have resumed on BSC, ETH, Base, and Arbitrum. Wu Shuo quoted customer service as saying that the alleged “335 million user data leak” is more likely a scam; so far, there’s no evidence that the system or private keys were compromised. Coinbase received final approval for a national trust bank charter from the OCC. Last week, spot Bitcoin ETFs saw net outflows of about 1.282 billion, and Ethereum ETFs about 365 million. For reference only, not investment advice.
In the latest buzz, a HYPE whale transferred about 512,000 redeemed tokens to FalconX, which was interpreted as a possible sell-off. After JCT surged about 10x, it then halved, wiping out short sellers. Some people also called it a has-been and mentioned a large unlock coming up. AIN and IDOL are still following the same pattern of sharp swings driven by market makers, while a small circle continues promoting GSTOCK as a stock-themed meme coin. In Chinese-language communities, the prevailing view is that Elysium’s mainnet will officially launch at 21:00 tonight, so for now, don’t treat it as a signal that it’s already live.
There was plenty happening on the sidelines, too: Binance’s fireside chat is scheduled for 20:00 tonight, as planned; Alpha withdrawals have resumed on BSC, ETH, Base, and Arbitrum. Wu Shuo quoted customer service as saying that the alleged “335 million user data leak” is more likely a scam; so far, there’s no evidence that the system or private keys were compromised. Coinbase received final approval for a national trust bank charter from the OCC. Last week, spot Bitcoin ETFs saw net outflows of about 1.282 billion, and Ethereum ETFs about 365 million. For reference only, not investment advice.