Important news from last night and this morning (August 23 - August 24)

A HYPE whale holding for over 10 months has unrealized profit of more than $57 million and has paid about $4.98 million in funding fees

As the price of HYPE broke above $80 to hit a new all-time high, an address that opened a long position of 1.38 million HYPE at $38.6 last November has an unrealized profit of about $57.18 million after about 10 months of holding, with the position value rising from about $53.38 million initially to about $110 million. During the period, the long position paid a cumulative total of about $4.98 million in funding fees and has not yet been closed to take profit.

Data: H, HUMA, XPL and other tokens will see major unlocks next week, with H unlocking around $19.9 million worth

Token Unlocks data shows that H, HUMA, XPL and other tokens will see major unlocks next week:

Humanity Protocol (H) will unlock about 266 million tokens at 8:00 a.m. Beijing time on August 25, about 7.92% of circulating supply, worth about $19.9 million;

Huma Finance (HUMA) will unlock about 459 million tokens at 9:00 p.m. Beijing time on August 26, about 16.70% of circulating supply, worth about $9.5 million;

Plasma (XPL) will unlock about 88.89 million tokens at 8:00 p.m. Beijing time on August 25, about 3.31% of circulating supply, worth about $8 million;

SoSoValue (SOSO) will unlock about 23.46 million tokens at 5:00 p.m. Beijing time on August 24, about 6.35% of circulating supply, worth about $7.3 million;

Falcon Finance (FF) will unlock about 77.14 million tokens at 9:00 p.m. Beijing time on August 29, about 2.57% of circulating supply, worth about $6.2 million;

Collector Crypt (CARDS) will unlock about 28.84 million tokens at 3:00 a.m. Beijing time on August 30, about 5.45% of circulating supply, worth about $5.6 million;

Kamino (KMNO) will unlock about 229 million tokens at 8:00 p.m. Beijing time on August 30, about 2.89% of circulating supply, worth about $5.6 million.

AAVE price breaks above $130, hitting new high since February this year

Bybit market data shows that AAVE price broke above $130, hitting a new high since February this year. It is now at $130.76, up 3.65% in 24 hours.

ENA rises over 10% again, up more than 110% in the past week

Bybit market data shows that Ethena (ENA) rose another 11.31% in the past 24 hours, now at $0.176, hitting a new high since January this year. It has risen more than 112% over the past week.

TRUMP rises over 10% intraday, hitting new high since April this year

Bybit market data shows that Trump-themed meme coin TRUMP rose 10.17% intraday to $2.62, up about 86% over the past week and hitting a new high since April this year.

Anthropic plans to raise over $100 billion through IPO, with valuation potentially reaching $2 trillion

AI company Anthropic is working with investment banks to pitch to potential investors, planning to raise more than $100 billion in its upcoming initial public offering (IPO), with a target valuation of about $2 trillion. If it proceeds under that plan, Anthropic would break the records set by SpaceX, which went public in June this year, for an $85.7 billion offering size and a $1.77 trillion market value, making it the largest IPO in history. Reports say Anthropic was valued at about $900 billion in its latest private funding round and filed its listing application in June. The roadshow focuses on showing investors its business health and growth expectations while testing market demand for AI stocks.

TRUMP rises about 20% intraday, up about 104% over the past week

Bybit market data shows that Trump-themed meme coin TRUMP rose 19.54% intraday to $2.83, up about 104% over the past week and hitting a new high since April this year.

Apple's first foldable iPhone may debut around September 9, priced above $2,000

Apple's first foldable iPhone is expected to make its debut at a launch event around September 9, priced above $2,000. People who have tried the device said it stands out in portability, hinge feel and durability. The larger inner screen will feature an iPad-like app layout and can also be used as a camera viewfinder. However, the device will replace Face ID with Touch ID and will not include a telephoto camera. The report noted that this ultra-high-end device could become an important product for Apple to attract consumers into retail stores and is expected to boost global attention on foldable phones.

Total crypto contract liquidations reach $405 million in past 24 hours, mostly longs

Coinglass data shows that over the past 24 hours, total liquidations across cryptocurrency contracts reached $405 million, of which long liquidations were $246 million and short liquidations were $159 million. BTC liquidations totaled about $94.672 million, and ETH liquidations totaled about $132 million. In the past 24 hours, 86,989 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT, valued at $11.7289 million.

Tether halts $120 million Bitcoin mining project due to contract dispute with Uruguay's UTE power company

Due to a contract dispute between Tether and Uruguay's state-owned power company UTE, Tether abandoned its roughly $120 million Bitcoin mining project in Uruguay. Tether and UTE disagreed over the amount of electricity supplied to two mining sites: Tether believed the agreed supply amount was a minimum that could be increased in the future, while UTE considered the figure to be the ceiling. Although the two sides tried to resolve the dispute by signing a revised contract, Tether's representatives did not attend the signing ceremony. In addition, Microfin, Tether's legal entity in Uruguay, stopped paying electricity bills two months after the change of government. Because the revised agreement had not been signed and electricity bills remained unpaid, UTE cut power to the sites on July 25, 2025. On November 25, Tether notified Uruguay's labor authorities that it would cease operations and lay off most employees.

South Korea's KOSPI index falls 1.2%, Samsung Electronics drops 4.8%

Bybit market data shows that South Korea's KOSPI index fell 1.2% to 6,828.94 points. Samsung Electronics shares fell 4.8% after it announced its shareholder return plan. SK Hynix rose nearly 3%.

Wintermute doubles down on short, with short position increasing to $190 million and unrealized loss of $5.85 million

Wintermute is doubling down on shorts while transferring huge funds to Binance. Wintermute has added millions of dollars to Hyperliquid and increased its short position from $146.19 million to $190.77 million, currently with an unrealized loss of $5.85 million. The top five short positions are: ETH: $53.02 million BTC: $30.66 million SOL: $22.62 million HYPE: $11.43 million XRP: $10.19 million

Data: 49.6 million U.S. adults own Bitcoin, far exceeding the 28.8 million who own gold

According to River, 49.6 million adults in the United States own Bitcoin, nearly 21 million more than the 28.8 million who own gold.

Arthur Hayes repurchased 1.9 million ETHFI 4 hours ago, worth about $1.17 million

Arthur Hayes repurchased 1.9 million ETHFI at a unit price of $0.62 four hours ago, worth about $1.17 million. Four months ago, Arthur Hayes sold 265,461 ETHFI at a loss at $0.44, worth about $118,000.

Machi made $11 million rolling long positions, narrowing 10-month losses to $24 million

In last week's explosive one-sided rally, Machi rolled a $150,000 long position to $11.15 million, making $11 million. Over the past 10 months, Machi lost $35 million on ETH longs; after this gain, the losses narrowed to $24 million. Machi currently holds long positions worth $129 million, including ETH, BTC, HYPE, and PUMP, with overall leverage of 12x.

Strive CEO: Next Bitcoin cycle could be the strongest ever; dollar depreciation and AI demand are structural tailwinds

Strive CEO Matt Cole posted that the BTC/gold ratio is sending a strong signal that the next Bitcoin cycle could be the strongest in history. There are currently two major structural factors: the long-term structural depreciation of the U.S. dollar, with Bitcoin never having experienced a true secular dollar-collapse environment; and in an AI-driven world of abundance, capital will increasingly chase "scarce assets" that cannot be replicated. If Bitcoin can outperform gold, it will attract disproportionate capital inflows and create a positive feedback loop.

Phantom will stop supporting Sui on September 24; users need to migrate wallets or swap assets before the deadline

Phantom and Sui have decided that Phantom will stop supporting Sui on September 24, while keeping the possibility of exploring other cooperation in the future. Before September 24, users can migrate their wallets to other apps that support Sui, or swap Sui for other assets supported on Phantom. Phantom will waive fees.

Bithumb to list PROM token on the Korean won market

South Korean crypto exchange Bithumb will list the PROM token on the Korean won market, with trading expected to open at 13:00 local time.