SpaceX's valuation has underperformed large Nasdaq IPOs by 80% and has fallen by half from its peak.

The A-share market rebounded from its daily low, with all three major indexes rallying collectively. More individual stocks advanced than declined, with over 4,200 stocks trading higher across Shanghai, Shenzhen and Beijing bourses. Today's trading volume reached 2.31 trillion yuan. By the close, the Shanghai Composite Index rose 0.4%, the Shenzhen Component Index gained 1.1%, and the ChiNext Index advanced 1.55%. Sectors including photolithography machines, memory chips and advanced packaging saw the sharpest declines.

According to Hyperinsight’s monitoring, SKHX rebounded over 11% from its phase low of $879.4 at midday today. A whale address starting with 0xc8b began chasing the rally in the afternoon, purchasing a total of 31,968.2 SKHX tokens in roughly half an hour, with a transaction volume of approximately $31.389 million and an average transaction price of $981.9. As of press time, SKHX is trading at $976.62. The address currently holds a long position with 3x leverage, posting an unrealized loss of around $169,000, a return of approximately -1.6%, and a liquidation price of about $553.70. This position has become the single largest holding in the address’s history, pushing it to the top of SKHX’s long position leaderboard. Since its first activity on July 24, this address has only traded Micron, SanDisk, and SK Hynix, all in long positions. The two previous Micron long positions each had a size of roughly $28 million to $29.3 million; last night, it opened a SanDisk long position of about $14.66 million, which it exited at a loss at midday today. Each of its trades has entered with a position size of tens of millions of dollars. Previous news: "Whale Tracking" reports that the whale with a 100% win rate on Micron has placed another heavy position exceeding $25 million.

According to EmberCN’s monitoring, roughly 10 minutes ago, a whale withdrew 40,000 ETH from Binance to an on-chain address, worth approximately $76.67 million.

SlowMist has released a statement noting that a new recruitment scam targeting Web3 practitioners has been recently uncovered. Attackers pose as recruiters to trick victims into installing an AI meeting software named "Relay", which is actually an information-stealing malware. This malware targets both macOS and Windows users, and can steal sensitive information including browser credentials, crypto wallet-related data, Keychain data, and Telegram sessions. SlowMist has completed sample analysis and disclosed the operation mechanism of this attack chain. SlowMist reminds that when participating in online interviews or recruitment processes, users should exercise caution when installing unfamiliar software, avoid running unverified applications, and watch out for abnormal installation requests or system password prompts.

UBS Group CEO Sergio Ermotti said in an interview that he expects "soaring volatility" to continue for the remainder of this year. "Given the macroeconomic situation, geopolitical tensions, ongoing debates, and the sharp divergence we are seeing in stock markets, pressure on energy prices could pose a potential headwind to inflation," Ermotti stated. He added that investors will not welcome this volatility, noting, "I do expect volatility to continue surging for the rest of this year."

According to Bitget market data, the Euro Stoxx 50 index opened 0.14% higher, the German DAX index rose 0.16%, the UK FTSE 100 index gained 0.44%, and the French CAC 40 index increased by 0.27%.