Jiang Zhuo'er: Strategy Will Not Sell a Large Amount of Coins, Just Execute a "Dollar-Cost Averaging Strategy"

Market Flash | June 8 Per Bitget market data, SK Hynix has continued its rebound in the South Korean stock market: its intraday decline narrowed to 1.35% after falling as much as 10% earlier today, following a trading session replay. The stock is now priced at 2,043,000 South Korean won, equivalent to $1,316.78. Additionally, SK Hynix is trading at $1,315.6 on Trade.xyz and $1,324.11 on Binance.

June 8 – The White House says the U.S. was not involved in Israel’s missile attack on Iranian targets, Iran’s Press TV reported.

June 8: Rising U.S. stock star analyst KawzInvests (@KawzInvests) shared in an X post that NVIDIA’s Rubin Ultra AI rack power architecture will get an upgrade in 2027, switching from a 48V/54V system to an 800V DC setup. The semiconductor value per rack’s power system will surge from roughly $20,000 to $123,000—driven mainly by a power output jump from 225kW to 600kW, which will demand advanced materials like silicon carbide and gallium nitride. KawzInvests’ analysis notes this upgrade is designed to fix weight and efficiency problems with copper buses at high power levels, with incremental value flowing primarily to power semiconductor suppliers rather than NVIDIA or rack manufacturers. Potential beneficiary stocks include: IFX, MPWR, VICR, NVTS, STM, ON, TXN, ADI, POWI, DIOD, WOLF, AOSL. KawzInvests has 100,000 followers on X, and his tweets focus on AI infrastructure, optical communications, and small-cap growth stocks in these high-resilience sectors. He derives insights from sup

June 8 Update: Yuga Labs CEO Michael Figge revealed via tweet Wednesday that his team has completed a white-hat rescue operation to fix a vulnerability in the Flooring Protocol. Yuga Labs’ Blockchain VP, Quit, successfully recovered a substantial number of high-value, prominent NFTs from the platform—including 29 BAYCs, 4 MAYCs, 2 CryptoPunks, 1 Azuki, 26 Captains, and other notable assets. These NFTs are currently securely held by Yuga Labs, which says it will partner with the Flooring Protocol development team to return the assets once the protocol is fully patched. Background: The Flooring Protocol was previously hit by a vulnerability that led to the theft of some collectibles. KOL Coffee flagged that the same flaw could be exploited again, putting top-tier collections like BAYCs and CryptoPunks at significant risk. To address this, Yuga Labs instructed its GrailsOTC trading desk to front both funds and NFTs, proactively removing high-risk assets from the protocol. This move aimed

June 8: Modular L1 blockchain Syscoin has published a preliminary post-incident report on a security breach, revealing an attacker exploited a validation bug in its cross-chain bridge to illegally mint roughly 5 billion SYS tokens on the UTXO side. Since the event, Syscoin has suspended all cross-chain functionality. The wrongfully minted funds have been moved and split, with the bulk of them now concentrated in two addresses. The Syscoin team has contacted multiple exchanges and ecosystem partners to request freezing or monitoring of funds tied to the tainted UTXOs. Separately, the team has pinpointed the problematic validation path and developed a fix, prioritizing its implementation plus correction of the illicit SYS outputs. The official advisory warns users against conducting any transactions while cross-chain operations are paused, and states ongoing progress updates will be provided moving forward.

On the morning of June 8, per monitoring data from Hyperinsight (via its Telegram channel: https://t.me/HyperInsight), Bitcoin (BTC) saw a sharp, 5-minute short-term surge that pushed its price above $64,000. During this minute-long price spike, multiple large short positions in the $63,000–$64,000 range were liquidated one after another. On the Hyperliquid exchange, there were 10 consecutive liquidations each worth over $1 million; the largest single liquidation totaled $6.06 million, with an execution price of $63,224. The largest liquidation of this session came from a 40x leveraged BTC short position opened last Friday. The address in question had shorted 195.8 BTC. As BTC’s price moved from $62,700 to $63,700 this morning, the trader manually closed partial portions of the position six times within one minute to avoid being fully liquidated. In total, 190 BTC were liquidated passively between last night and this morning, amounting to approximately $12.3 million. Currently, the a