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Midday close of A-shares: The Shanghai Composite Index fell 0.2%, and the ChiNext Index dropped 1.29%.

2 hours ago

This morning session of A-shares saw the three major indexes open lower, rebound in volatile trading, then retreat toward the end of the session. By midday close, the Shanghai Composite Index fell 0.2%, the Shenzhen Component Index dropped 1%, and the ChiNext Index declined 1.29%. The AI corpus sector moved higher amid volatility. The combined turnover of Shanghai and Shenzhen bourses in the morning session was approximately 1.31 trillion yuan, a decrease of around 112.1 billion yuan from the same period of the previous trading day.

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WTI crude oil broke through the $85 mark, surging nearly 3% intraday.

According to Bitget market data, WTI crude oil has broken through $85 per barrel, up 2.71% intraday; WTI crude oil futures surged 3% intraday, currently trading at $85.95 per barrel.

4 minutes ago

South Korea's KOSPI index turned positive, erasing its earlier 3.6% loss.

According to Bitget market data, South Korea’s KOSPI index stands at 6795.96 points, rising 7.08 points (0.1%) from its opening level, having erased its earlier 3.6% decline.

4 minutes ago

Whale Tracking: HYPE’s diehard short sellers increase holdings to $48.8 million, liquidation price at $101.

According to TradingBeats monitoring, the address starting with 0xf02, nicknamed "HYPE Ironhead Air Force", is currently shorting 607,100 HYPE with 5x leverage, holding a position worth approximately $48.8 million at an average entry price of $81.36, reclaiming its status as one of the largest HYPE short positions in the market. As of press time, HYPE trades at $80.37, down about 3.08% in 24 hours. The whale’s unrealized profit stands at roughly $600,000, with a return rate of around 6.1%, and its liquidation price is $101.30. The position expanded further this morning: between 1:14 and 1:30, the address sold 202,200 HYPE at an average price of ~$83.21, totaling ~$16.824 million, boosting the short position by nearly 50%. This new short position has generated ~$574,000 in unrealized profit at current prices, contributing the majority of the whale’s current paper profit. The whale has repeatedly shorted HYPE before, completing 11 HYPE short rounds with 8 wins and 3 losses, though its cumulative net loss still amounts to ~$3.348 million, plus ~$105,000 in fees. Its last large short position ended on August 21, closing out 564,200 HYPE with a loss of ~$2.096 million. Earlier news: Two whales planned to short $42.2 million worth of HYPE.

4 minutes ago

Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.

According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.

4 minutes ago

Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.

According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.

4 minutes ago

Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.

According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.

4 minutes ago

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