Justin Sun unstaked another 5000 ETH, and still holds around 238,000 stETH on-chain.

According to TradingBeats monitoring, as of press time, the two whales that together bought $17.808 million worth of SKHX yesterday have all turned a profit. The address starting with 0xc8b5 fully took profits after adding to its position, while the address starting with 0x519c continued adding to its position this morning. The 0xc8b5 address bought SKHX at an average price of $1,310.92 at 12:00 yesterday, completing an initial position build of around $13.096 million. It then added to its holdings, and by last night had accumulated 12,858.87 SKHX tokens, bringing its total position to roughly $16.9 million with an average entry price of $1,314.26. At 8:18 this morning, the address began taking profits in batches, and fully closed out its position at 10:12, selling at an average price of $1,377.96. From initial entry to full exit, the trade took approximately 22 hours, generating a profit of around $819,100. The other whale address, 0x519c, bought SKHX at $1,292.70 yesterday for around $4.712 million. At 7:00 this morning, it added to its position at $1,323.73, investing an additional $1.109 million. Currently, 0x519c still holds 4,483.04 long SKHX contracts, with an average entry price of $1,298.50, position value of around $6.203 million, and unrealized profit of roughly $382,000 (+38%). Prior update: Two new large orders for SKHX today, with whales totaling $17.8 million in long positions. Addresses: 0xc8b527864ef2ad6dc49de7e99943a3a76ad488910x519c721de735f7c9e6146d167852e60d60496a47

Well-known trader Killa noted in a post that the time Bitcoin takes to reach new all-time highs (ATHs) in each cycle is shortening. If simply referencing the previous cycle that began in 2022, BTC would hit its ATH no later than February 2028. However, Killa argues this cycle is progressing faster: Bitcoin’s bottoming period is roughly 3 to 4 months earlier than the prior cycle, so the timing of a new ATH may also shift forward accordingly. Based on the observation that cycles are continuing to shorten, he projects BTC will set a new ATH by the end of Q4 2027, and climb above $126,000 in November 2027.

According to GMGN market data, the meme coin CME on Robinhood Chain briefly exceeded $8 million in market capitalization within two hours of its launch, and is now trading at $6.24 million with a trading volume of $5.9 million. The token is positioned as a meme coin related to the commodity market exchange platform on Robinhood Chain, with its core narrative focused on bringing real-world commodities such as corn, oil, and gold onto the blockchain for trading. BlockBeats reminds users that prices of such tokens are highly volatile, and they should exercise caution when investing.

According to GMGN market data, the Solana-based meme coin "Just a Backpack" briefly surpassed $4 million in market capitalization, and is now trading at $2.98 million, with a 24-hour trading volume of $6.4 million. On-chain data shows that crypto trader Ansem bought 4.5 million units of "Just a Backpack" 20 minutes ago for $15,000. "Just a Backpack" is a meme coin themed around Backpack, and forms a trading pair with Backpack's token BP. BlockBeats reminds users that most meme coins have no real use cases, experience significant price volatility, and require caution when investing.

Beating AI News Flash: According to Bloomberg, sources familiar with the matter have disclosed that Anthropic has decided not to proceed with its acquisition of AI startup Decart AI. Anthropic had previously evaluated the deal and conducted due diligence on Decart, but ultimately withdrew. The two parties may still explore other collaboration opportunities in the future. Representatives from both Anthropic and Decart declined to comment. Bloomberg earlier reported that Anthropic, the developer of Claude, had been in talks to acquire Decart for roughly $60 billion, though the transaction was never finalized. Decart primarily develops software that boosts chip efficiency to lower the training and operational costs of AI models. Anthropic rarely pursues large-scale acquisitions; it is currently investing continuously in computing power to develop new products, serve clients, and prepare for its highly anticipated IPO.

Uniswap founder Hayden Adams published a statement noting that UNI’s 7-day annualized burn amount has exceeded $250 million. Data shows that, calculated based on daily closing prices, the annualized amount corresponding to UNI’s 7-day burn rate is currently around $263 million. The figure is an annualized projection derived from the past seven days’ burn volume, not the actual value of UNI that has been burned.