A short ETH address suffered its fifth consecutive loss: it cut its losses an hour and a half ago, losing $3.5 million in three days.
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James Wynn suffered a total loss of $22.06 million, with his 50x leveraged short position in the S&P 500 experiencing four partial margin calls within six days.
According to Onchain Lens Odaily, James Wynn (@JamesWynnReal)'s 50x leveraged short position in the S&P 500 has been partially liquidated four times in the past six days. The current position is 149.34 units, valued at $1.13 million; the opening price was $7373.44, the mark price was $7537.55, and the liquidation price was $7555.59. This position currently has a floating loss of $24,500, an ROE of -108.83%, and the liquidation price is 0.24% higher than the current mark price. The partial liquidation loss over the past six days is $28,400, with a cumulative loss of $22.06 million.
The Coinbase Bitcoin Premium Index has been in negative territory for 51 consecutive days, setting a new record for the longest consecutive negative trend.
According to Odaily data, the Coinbase Bitcoin Premium Index has been in negative premium territory for 51 consecutive days (from May 19th to present), with the latest value at -0.0923%. Previously, the index was in negative premium territory for 40 consecutive days from January 16th to February 24th this year, setting a record for the longest consecutive negative period since the index's inception, exceeding the approximately 30 consecutive days of negative premium during the "10/11 crash". Historical data shows that prolonged negative premiums often accompany the exit of US institutional funds, suggesting potential short-term downward pressure.
Zhipu plans to develop its own AI chip and has already contacted chip companies to accelerate efforts to address its computing power shortcomings.
According to sources familiar with the matter, Zhipu is evaluating the possibility of designing its own AI chip to address the rapidly growing demand for its GLM series of open-source large models and the shortage of computing resources caused by US export restrictions. Odaily has recently made preliminary contact with some Chinese chip design companies to explore cooperation in developing a customized AI processor optimized for its model operation scenarios. Zhipu is one of China's leading AI large-scale model companies, with its GLM series models attracting attention due to its open-source strategy and performance. As the application scale of large-scale models expands, high-performance computing resources have become a key bottleneck for AI companies. Developing its own chips is seen as a way to reduce dependence on external GPUs and improve computing efficiency. Currently, Zhipu AI has not yet made a final decision on whether to proceed with the chip project; the relevant plans are still in the early evaluation stage. (The Information)
Data: Coinbase's Bitcoin premium index has been in negative territory for 50 consecutive days, setting a new record for the longest consecutive negative trend.
According to the latest data from Coinglass, the Coinbase Bitcoin Premium Index has been in negative premium territory for 50 consecutive days (from May 19th to present), with a latest value of -0.0742%. Previously, the index was in negative premium territory for 40 consecutive days from January 16th to February 24th this year, setting a record for the longest consecutive negative period since the index's inception, exceeding the approximately 30 consecutive days of negative premium during the "10/11 crash". Historical data shows that prolonged negative premiums often accompany the exit of US institutional funds, suggesting potential short-term downward pressure.
Data: A whale holding 22,567 ETH is suspected of selling 7,347 ETH at a loss, incurring a loss of $4.041 million.
According to Mars Finance, on-chain analyst Ai Yi's monitoring, a whale that accumulated 22,567 ETH between November 2025 and July 2026 is suspected of selling 7,347 ETH at a loss, incurring a loss of $4.041 million. This address initially held $52.77 million worth of ETH at an average price of $2,338, and subsequently deposited 8,947 ETH into FalconX starting in April of this year, with the most recent deposit occurring 7 hours ago. If sold, the cumulative loss would be $4.196 million.
Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report
Bitcoin miners generated 35% of the state-owned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and manufacturers.