On-chain analyst EmberCN reported that whale Garrett Jin placed a short order for 21.73 million USD worth of ZEC at $418.9 on Hyperliquid half an hour ago. Of this, $4.93 million has been filled, with $16.8 million still pending. If fully executed, he will become the largest ZEC holder on Hyperliquid. Separately, his long position of 1,270 BTC at $76,117 is showing an unrealized loss of $20.15 million.

AscendEX (formerly Bitmax) is facing massive withdrawal anomalies, with user funds stuck in 'Initiating' status and no on-chain hash, hinting at liquidity issues. The exchange lost $78M to the Lazarus Group in 2021 and has lacked Proof of Reserves and third-party audits. This incident underscores the existential challenges for small-to-medium crypto exchanges amid tightening regulation and market concentration.

As Bitcoin prices continue to decline triggering retail panic selling, Wall Street institutions are systematically acquiring crypto financial infrastructure. Key moves include Invesco filing for a tokenized fund, Kraken in talks to acquire Aave, Circle partnering with Nomura for stablecoin cross-border settlements, and SBI acquiring Bitbank to build a full-stack financial group. These actions are driven by regulatory and technological clocks, signaling a systemic transfer of crypto infrastructure ownership from crypto natives to traditional financial institutions.

According to on-chain analyst Ember monitoring, whale Garrett Jin placed a ZEC short order worth $21.73 million at $418.9 on Hyperliquid half an hour ago. $4.93 million has been filled, with $16.8 million still pending. If fully executed, he will become the largest ZEC holder on Hyperliquid. Additionally, the whale holds 1,270 BTC long positions opened at $76,117, with an unrealized loss of $20.15 million. The large short on ZEC signals bearish sentiment, while the BTC long loss draws market attention to his overall risk exposure.

Oxium, a chain-based order-book decentralized exchange on the Sei network, has announced a gradual shutdown due to prolonged adverse market conditions that made its revenue unsustainable. The front-end interface will officially close on August 1, 2026. The platform emphasizes that user assets remain self-custodied and can be retrieved directly via smart contracts even after the interface goes offline. This article outlines the timeline, explores the reasons behind the closure (including the profitability challenges of order-book DEXs), and analyzes the impact on the Sei ecosystem and the broader on-chain order-book sector.

As AI, crypto, and robotics converge, the agent economy is moving from concept to reality. Virtuals unveils four products—ACP Protocol, Butler, Unicorn, and SeeSaw—demonstrating the future of human-AI-robot collaboration.

According to on-chain monitor EmberCN, whale entity Garrett Jin placed a $21.73 million ZEC short order on Hyperliquid 30 minutes ago at a price of $418.9. So far, $4.93 million has been filled, with $16.8 million still pending. If fully executed, it will become the largest ZEC holder on Hyperliquid. Additionally, the address holds a BTC long position of 1,270 BTC (opened at $76,117, worth ~$96.54 million), with an unrealized loss of approximately $20.15 million.

According to on-chain monitoring, a whale address took profit of $3.277M early yesterday, then reopened a $70.76M short position on BTC and ETH just hours later. The current position holds 912.93 BTC ($54.98M) at $59,137 and 10,000 ETH ($15.83M) at $1,532, with an unrealized loss of $1.418M. This aggressive short after profit-taking signals a bearish outlook on short-term tops, though the floating loss suggests the market remains slightly bullish.