Marvell CFO Sells Over 200,000 Shares, Cashing Out Approximately $60 Million

According to an official announcement, Binance will launch the GRVTUSDT perpetual contract at 20:45 UTC+8 on July 31, 2026, with a maximum leverage of up to 10x.

According to BIT (bit.com) market data, in pre-market trading for U.S. stocks on Friday, the semiconductor, optical communications, and storage sectors extended their gains from the previous day, rallying across the board. Semiconductor stocks saw broad advances: Marvell Technology (MRVL) rose 7.75%, Arm (ARM) gained 7.58%, SK Hynix (SKHY) climbed 7.07%, Intel (INTC) advanced 5.85%, Lam Research (LRCX) increased 5.10%, AMD (AMD) was up 4.74%, and KLA (KLAC) rose 4.68%. Optical communication-related stocks led the gains: Astera Labs (ALAB) jumped 8.95%, Applied Optoelectronics (AAOI) gained 8.42%, Marvell Technology (MRVL) rose 7.75%, Coherent (COHR) climbed 7.24%, Credo (CRDO) advanced 7.02%, and Lumentum (LITE) was up 6.72%. The storage sector also moved higher in tandem: SK Hynix (SKHY) gained 7.07%, Western Digital (WDC) climbed 6.44%, SanDisk (SNDK) advanced 6.25%, Seagate Technology (STX) rose 5.44%, and Micron Technology (MU) was up 4.56%.

According to Yonhap News Agency, amid recent sharp fluctuations in Samsung Electronics' stock price, Noh Tae-moon, President and Co-CEO of Samsung Electronics' DX Division, spent approximately 700 million won to increase his holdings in the company. South Korea's Financial Supervisory Service's Electronic Disclosure System (DART) disclosed on July 31 that Noh purchased 3,045 Samsung Electronics shares at 230,000 won per share the previous day, totaling around 700.35 million won. Following this share purchase, his total stake in the company reached 124,280 shares.

TD Cowen reaffirmed its "Buy" rating on Strategy and a $260 price target, stating that the company’s management has now explicitly prioritized pushing the price of STRC preferred shares back to their par value. Earlier, Strategy posted an $8.2 billion loss in the second quarter; while building up its cash reserves, the firm has not purchased Bitcoin for the fifth consecutive week.

According to GMGN monitoring, the market capitalization of Meme coin GIGGLE on the BSC chain briefly exceeded $40 million, currently standing at $39.17 million, with a 24-hour increase of over 48%. BlockBeats Note: Meme coin trading is extremely volatile, largely driven by market sentiment and conceptual hype, with no actual value or practical use cases. Investors are advised to pay close attention to relevant risks.

Per monitoring by Onchain Lens, a newly created wallet withdrew 468.30 BTC from BitMEX, worth roughly $29.88 million. This marks the first single withdrawal exceeding $10 million since the crypto exchange announced its cessation of operations.