A trader sold ANSEM too early before the price surged, missing out on a potential profit of $4.7 million.
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0xSun: I've already buy the dips in ANSEM and NEST, and I believe Solana will remain the engine of this round of on-chain price increases.
According to Odaily Odaily, trader 0xSun stated that he has purchased ANSEM and NEST at market values of approximately $280 million and $6 million respectively, in order to participate in the current on-chain market volatility. He believes that the on-chain market performance driven by blknoiz06 was active in this round, with strong Meme coins appearing in Solana, BNB Chain, and Robinhood Chain. However, the overall rotation was extremely fast. Except for ANSEM, which continued to rise for more than a week, most of the other leading chains peaked overnight. 0xSun stated that ANSEM has already corrected by over 40% from its peak, and given Ansem's continued activity and the fact that approximately 60% of its tokens remain uncirculated, a rebound is highly probable. NEST, on the other hand, is a riskier and more volatile asset, with its short-term price movement still primarily driven by market sentiment. They also believe that for investors with smaller capital, the crypto market remains a more suitable market for high-risk, high-reward plays.
A trader bought CASHCAT for $838 20 days ago and is currently making a profit of $1.05 million.
PANews reported on July 8th that, according to Lookonchain monitoring, trader 0xDE4C bought 15.04 million CASHCAT tokens for only $838 20 days ago and has held them ever since. After CASHCAT surged in price, he sold 13.5 million CASHCAT tokens for $917,600, and still holds 1.5 million CASHCAT tokens ($133,700), for a total profit of $1.05 million.
Ruwei Technology's stock price fell nearly 17% on its first day of trading on the Hong Kong Stock Exchange, closing at HK$18 per share.
Mars Finance reported on July 8th that Ruwei Technology's stock price fell nearly 17% on its first day of trading on the Hong Kong Stock Exchange, closing at HK$18 per share. (Science and Technology Treasure Broadcast)
A well-known trader stated that Strategy's OTC selling of cryptocurrencies has limited impact on spot prices, and Bitcoin could potentially reach as high as $65,600.
According to Mars Finance, on July 7th, renowned trader Killa (@KillaXBT) stated that if Bitcoin holds above last week's closing price (approximately $59,000), it could potentially reach $65,600. Furthermore, regarding the "historic sell-off of 3,588 BTC by Strategy," Killa clarified that Strategy did not sell through the open market but rather through institutional trading to avoid significantly impacting Bitcoin's price. This partly explains Bitcoin's initial drop followed by a rise last night. Killa, a quantitative trader specializing in BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on the X platform. In mid-April, he short Bitcoin at $74,688 and then went long during the market downturn on June 5th.
ANSEM surged 25% in a short period, with its market capitalization temporarily at $380 million.
According to BlockBeats, on July 6th, GMGN monitoring showed that ANSEM, the Meme coin of the Solana ecosystem, surged 25% within one hour, restoring its market capitalization to around $380 million. Its 24-hour increase was 30%, with trading volume exceeding $39.7 million during the same period. This surge was attributed to Ansem himself (X: blknoiz06) announcing the completion of a new round of airdrops, totaling approximately $7 million. BlockBeats Note: Meme coin trading is highly volatile, heavily reliant on market sentiment and hype, and lacks actual value or use cases. Investors should be aware of the risks.
Semiconductor stocks rallied in early trading, with CanSemi and Fudan Microelectronics rising over 10%.
Mars Finance reported on July 8th that the semiconductor sector rallied in early trading, with Cansun Semiconductor and Fudan Microelectronics rising over 10%, followed by VeriSilicon Holdings, Rockchip Technology, and Shengke Communication. (Science & Technology Treasure Broadcast)