Analyst: Bitcoin May Drop to $93k-$94k Range, Only 20%-25% Probability of Dropping Below $90k

According to on-chain analyst Ai Yi (handle @ai_9684xtpa), address 0x799…15f4c opened its first position on Hyperliquid, betting on Bitcoin (BTC)’s rebound with 7x leverage. The address initiated a long position of 121.23 BTC in the early hours of today, with the position valued at approximately $10.27 million, an average entry price of $84,918.9, and is currently facing an unrealized loss of around $20,000.

Crypto trader Ansem noted that the market has not yet fully priced in pump.fun’s evolution into a Layer 1 (L1)-like underlying infrastructure, where other token-launching platforms could directly build in the future. Few are currently focused on the creator fee splits pump.fun pays to token creators: the ratio is nearly 1:1 relative to the platform’s revenue, meaning for every ~$500 million the platform generates, token creators receive roughly $500 million in creator fees after their tokens complete the bonding curve phase, giving teams strong incentives to build products on pump.fun. He believes this economic structure may be superior to that of traditional L1s, as pump.fun can collect fees from every layer of token-launching platforms and each token they issue. With the rollout of features like custom trading pairs and Callout Rewards, the market may gradually start valuing PUMP in a manner similar to Layer 1 assets. He also expressed strong optimism about the investment thesis that pump.fun will develop into a "super app" in this cycle.

Whales are buying $PUMP. "netherlol" bought 383.34M $PUMP ($2.4M) after more than a year. A newly created wallet, GnZqfY, withdrew 189.22M $PUMP ($1.18M) from #MEXC 7 hours ago.

According to Lookonchain monitoring, whale "netherlol" has repurchased 383.34 million PUMP tokens for approximately $2.4 million, marking its first purchase in over a year. Additionally, a newly created wallet GnZqfY withdrew 189.22 million PUMP tokens from MEXC 7 hours ago, valued at around $1.18 million.

Addressing community rumors that Aptos will shut down its blockchain within the next six months, Aptos Labs co-founder and CEO Avery Ching publicly dismissed the claim as "a foolish rumor". The X account that originally shared the unsubstantiated claim did not provide official Aptos announcements, governance proposals, or other supporting documents. When pressed for evidence, the account stated the content was merely "hearsay" and urged caution in taking it seriously. Aptos’ current public governance records still show network upgrade proposals and executed mainnet feature updates, with no official plans to shut down the mainnet identified so far.

Known whale "Corus" has spent $200K accumulating 7.14M $EDEL. The trader has made an incredible profit of $34.95M on #Hyperliquid and still holds 137,096 $HYPE ($12.27M). And $EDEL has surged 750% over the past 2 months.