ZEC surges short-term to hit $850, marking a new all-time high.

According to Lookonchain monitoring, trader loracle.hl has lost over $70 million trading Hyperliquid’s HYPE token over the past three months. Currently, loracle.hl holds a short position of 685,744 HYPE tokens, valued at approximately $54.88 million. If HYPE’s price rises to $101.15, this short position will be liquidated. Data shows loracle.hl has repeatedly incurred losses from shorting HYPE before. Its massive short position once drew market attention; as HYPE’s price continues to climb, short selling pressure has been building. Market analysts note that HYPE’s recent upward trend has amplified leveraged short risks. If the price breaks through key resistance levels, it could trigger a chain of liquidations, further widening short-term volatility.

According to monitoring by TradingBeats (formerly Hyperinsight), a prominent ZEC contract market whale (0x08...a4f8) — known for swing trading — has pre-positioned a long ZEC position, with current unrealized profits hitting $6.6 million. The whale entered the position slightly early: on July 17, it bought 20,771 ZEC at an average price of $536.43, when the position was valued at roughly $11.1 million and used only 1x leverage. As of press time, ZEC trades at $852, pushing the position’s unrealized profit to $6.6 million, a gain of over 58%. Reviewing the address’s swing trading track record, this is a whale exclusively focused on ZEC trading, with highly sophisticated and distinctive tactics: it only trades ZEC, reaping profits repeatedly. Since last November, nearly 10 large transactions have all centered on ZEC, with both long and short operations, earning it the moniker “ZEC Specialist”. The account boasts a 72.73% win rate on completed trades, with total profits approaching $8 million. It excels at adding positions against the trend while strictly following low-risk operations, and its entry timing is highly precise — it has caught ZEC’s price fluctuations on multiple occasions. This round, the whale entered exactly at $536, hitting the current rally’s launch point. It has not yet placed a sell order and is patiently waiting for the market to turn.

According to HTX market data, BNB has broken through the $720 threshold, with its 24-hour price gain expanding to 8.79% and its market capitalization climbing to $95.75 billion.

Local time on the 21st, U.S. Trade Representative Greer stated that Canada has refused to finalize the trade agreement. A senior Trump administration official announced: "A 50% tariff on certain Canadian imports will take effect at 12:01 a.m. Eastern Time on Saturday." Canadian Prime Minister Carney said trade negotiations with the U.S. have been suspended. "The U.S. is set to impose a 50% tariff on us, and Canada will implement reciprocal countermeasures of the same magnitude to protect its domestic workers and enterprises."

Upbit has issued an announcement stating that it has detected signs of a suspected security incident on The Sandbox (SAND) network, and is thus alerting users to trading risks. The exchange noted that on August 22, 2026, the SAND network experienced a suspected security event, which could trigger amplified market price volatility. Upbit advised users holding SAND assets to closely monitor relevant developments and exercise caution when trading. To date, Upbit has not disclosed specific attack details or loss figures, only providing related on-chain transaction addresses for user reference. As previously reported by BlockBeats, earlier today, The Sandbox’s native SAND token on the Base network was suspected to have a critical security vulnerability, enabling attackers to gain minting privileges and arbitrarily issue additional SAND tokens.

According to HTX market data, U.S. presidential-themed cryptocurrencies continue to rise, with specific performance as follows: TRUMP is up over 35% in 24 hours; MELANIA is up over 23% in 24 hours; WLFI is up 3.60% in 24 hours and over 14% in seven days.