Garrett Jin continues to reduce his ZEC short positions, still facing an unrealized loss of over $19 million.

According to market data from BIT (bit.com), Qualcomm (QCOM.O) saw its pre-market shares jump nearly 10% after the chipmaker today announced a multi-generational collaboration agreement with Amazon, aimed at mass-producing customized chips for large-scale AI data centers. The two parties will jointly advance AI inference technology. Qualcomm is offering Amazon warrants for up to 25 million shares. Additionally, Qualcomm and Amazon are developing optical interconnect solutions with a transmission rate of up to 1.6T.

Qualcomm (QCOM.O) announced today a multi-generational partnership with Amazon (AMZN.O) to provide customized chips for large-scale AI data centers and jointly advance AI inference. The two sides are also collaborating on developing optical interconnect solutions with speeds up to 1.6T and for future generations. Qualcomm plans to deepen its use of AWS AI infrastructure (including Amazon Bedrock) for electronic design automation (EDA) workloads, with the goal of shortening chip design cycles. Cristiano Amon, president and CEO of Qualcomm, stated that amid accelerating AI demand, data center infrastructure needs breakthroughs in both computing and connectivity, adding that Qualcomm is pleased to partner with AWS on customized chips and connectivity solutions. Prasad Kalyanaraman, vice president of AWS, said the collaboration builds on a strong partnership, with both sides working together to deliver more efficient and cost-effective infrastructure for customers.

According to on-chain analyst Ai Yi (Twitter handle @ai_9684xtpa), a whale that went long 20,000 ETH with 4x leverage ahead of a sharp price rally has closed out its BTC short position, cutting losses at just under $114,000 after holding the position for less than seven hours. The address has previously closed two prior BTC short positions at a loss, bringing total losses across three BTC shorts to $547,000. Its ETH long position currently holds an unrealized profit of $10.71 million.

According to on-chain analyst Yu Jin’s monitoring, crypto firm Strategy neither added to nor reduced its Bitcoin (BTC) holdings last week. It currently holds 845,050 BTC valued at approximately $66.125 billion, with an average cost of $75,412 per BTC, generating an unrealized profit of around $2.398 billion. Ethereum treasury firm Bitmine continued to accumulate 28,086 Ether (ETH) last week, worth about $68.85 million at an average purchase price of roughly $2,451 per ETH. Bitmine now holds a total of 5,929,198 ETH, valued at approximately $14.651 billion, with an average cost of $3,347 per ETH, resulting in an unrealized loss of around $5.194 billion.

Below is a roundup of key pre-market news for US stocks on Tuesday: 1. US Treasury Secretary Scott Bessent’s commitment to supporting the bond market is set to be tested. At 11 a.m. ET on Wednesday (23:00 Beijing time), the US Treasury will announce the maximum amount of 10-year to 20-year US Treasury bonds it plans to repurchase. 2. Robinhood is acting as an IPO underwriter for the first time, participating in the listing of smart ring maker Oura. 3. Hunter Biden, son of former US President Joe Biden, plans to launch a meme coin named "LAPTOP" on Coinbase’s Base network on September 9, entering the crypto market. 4. Binance founder CZ retweeted a BNC-related post, triggering a rebound in BSC ecosystem meme coin 4Stock. 4Stock originated from the "stock meme" narrative launched by Four.meme; BNC4 is the first 4Stock coin-stock, pegged 1:1 to BNC, the treasury company corresponding to BNB. 5. Strategy did not increase its Bitcoin holdings last week. Bitmine, by contrast, added 28,086 ETH to its holdings last week, bringing its total position to around 5.929 million ETH.

ENA Treasury Company’s StablecoinX has appointed Christopher Jensen as Chief Executive Officer, with the appointment effective immediately. Jensen will also join the company’s board of directors. In his new role, he will oversee day-to-day operations for three core business lines: infrastructure services, infrastructure software, and distribution services, as well as StablecoinX’s fund management strategy. The company currently holds approximately 3.03 billion ENA tokens, representing around 20% of the total ENA supply, making it the largest corporate holder of Ethena’s governance token.