Quantum Solutions and Hyperscale Data Sold a Portion of Their Crypto Reserves to Fund AI Data Centers

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.

According to monitoring by Onchain Lens, a whale withdrew 4,950 ETH (valued at approximately $9.34 million) from Binance and staked it on Lido.

Driven by rising oil prices following the collapse of the US-Iran ceasefire agreement, inflation in the Eurozone rebounded in July, further strengthening market expectations that the European Central Bank (ECB) will raise interest rates again. Data released by Eurostat on Friday shows that Eurozone consumer prices rose 2.9% year-on-year in July, up from 2.8% in June. This figure aligns with economists' median forecast, while earlier inflation data released by France and Spain both came in stronger than market expectations. In the Eurozone, energy prices rose 10%; service prices and core inflation indicators (excluding volatile items such as energy and food) also accelerated.

Wells Fargo raised its price target for Apple (AAPL.O) from $310 to $350.

Michael Burry, the real-life inspiration for *The Big Short*, disclosed his latest portfolio adjustments via his Substack account today, stating that he has further increased his short position in Micron Technology (MU) at an average entry price of approximately $880. He also continued to add to his short exposure in NVIDIA (NVDA) and increased his short position in the semiconductor ETF SOXX, with an average price of around $506. Meanwhile, Burry added long positions in multiple individual stocks: he increased his holdings in Lululemon (LULU) at an average price of roughly $118, in DraftKings (DKNG) at about $23.40, and in Zoetis (ZTS) at approximately $76; he also further added to his stake in Flutter (FLUT). Notably, Burry did not adjust his existing positions in Tesla (TSLA) and Palantir (PLTR), keeping them unchanged.