Monad Foundation announced the launch of Unlink, a zero-knowledge privacy layer, on its mainnet. Deployed as a smart contract, Unlink allows institutions to deposit, transfer, and use ERC-20 tokens on Monad without exposing balances, counterparties, or transaction history. The integration leverages Monad's high performance (10,000 TPS, 400ms block time, near-zero fees) to avoid performance penalties typically associated with privacy-preserving systems. Privacy is preserved while maintaining full composability with existing DeFi protocols like Aave, Uniswap, and Curve, which together hold $350M in TVL. Unlink also supports scoped audit views for compliance. This launch positions Monad as a leading platform for confidential onchain finance, including private DeFi and institutional payments.

Crypto KOL Ansem recently published a post reaffirming his long-term investment thesis for Bitcoin, shifting from a bearish stance to a bullish one, stating that current price levels constitute a good buying opportunity. He reiterates three core narratives supporting Bitcoin as the hardest money: non-confiscatable, instant cross-border transferability, and immunity from USD debasement. On the macro front, Ansem expects the Fed's hawkish stance to peak, with the reopening of the Strait of Hormuz easing inflationary pressures, and Walsh gaining room to cut rates. He also notes that profit-taking from AI stocks may flow into long-term value stores, benefiting both gold and Bitcoin. Despite earlier concerns over Saylor's holdings, Ansem believes the worst-case scenario is already priced in, and any forced sale by Saylor would take at least six months. Bitcoin now sits at a confluence of long-term historical support and extreme bearish sentiment, making a Q3 entry worth watching.

According to Lookonchain monitoring, whales continue to accumulate HYPE during the market downturn. One hour ago, a newly created wallet withdrew 222,493 HYPE (~$14.41M) from Coinbase Prime. Two hours ago, another whale received 44,986 HYPE (~$2.87M) from FalconX. The total value exceeds $17.28M, signaling大户 confidence in HYPE's long-term value.

Multicoin Capital released a detailed analysis of Hyperliquid, highlighting its evolution into a vertically integrated L1 + DEX positioning as an 'everything exchange'. The report notes Hyperliquid commands over 59% of DeFi perpetuals open interest, with $96 billion in OI—more than all on-chain competitors combined—and generated approximately $873 million in revenue in 2025. The firm projects annualized earnings could reach $8 billion by 2028, implying a $319 fair value target for HYPE at 20x P/E. Additionally, Multicoin Capital has been aggressively accumulating HYPE since early 2025, making it a core holding.

On-chain monitoring reveals that three addresses, likely belonging to the same entity, simultaneously opened 500 BTC long positions with 20x leverage (total notional ~$29.39M) at an average entry of ~$59,253. The positions are currently showing an unrealized loss of $258K. All gas fees were sourced via Bridgers cross-chain bridge, indicating coordinated management. The high-leverage whale move heightens liquidation risk and near-term pressure on BTC price.

According to on-chain analyst Ember monitoring, Ethereum treasury company Sharplink has restarted ETH accumulation after an 8-month pause. Six hours ago, it received 5,000 ETH ($7.85 million) from FalconX. The company now holds 876,000 ETH ($1.37 billion) at an average cost of $3,609 per ETH, with an unrealized loss of $1.789 billion (-56%). The move signals continued confidence in Ethereum despite deep underwater positions.

According to on-chain monitor EmberCN, the largest long position on Hyperliquid has been increased to $445 million, with an unrealized loss of $110 million. After BTC dropped to $59,000, the address opened 500 BTC longs at $59,261 through three wallets. Total holdings include 120,000 ETH and 2,500 BTC, with average entry prices of $2,261 for ETH and $69,560 for BTC.

据Lookonchain监测，尽管市场整体低迷，两巨鲸地址在短短1小时内分别从Coinbase Prime和FalconX提取或接收总计约26.75万枚HYPE，价值约1728万美元。其中0x66FE开头地址提取22.2万枚HYPE（约1441万美元），0x6437开头地址接收4.5万枚HYPE（约287万美元）。这一大规模增持行为显示巨鲸对HYPE长期价值的信心。