Zhipu issued 19.8 million H shares through a placement.
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Zhipu completes H-share placement financing of approximately HK$31.442 billion to HK$33.62 billion.
According to Odaily Odaily, Zhipu issued 19.8 million H shares through a placement, with a placement price of HK$1,588 to HK$1,698 per share.
Circle issued another 250 million USDC on the Solana blockchain.
According to BlockBeats, on July 8th, based on OnchainLens monitoring, Circle issued another 250 million USDC on the Solana chain. As of now in 2026, Circle has issued a total of $65.03 billion USDC on the Solana chain.
"Whale Tracking"long that a whale holding 20 million shares of a long position in a basket of semiconductor stocks is now deeply trapped, incurring losses exceeding $5.5 million.
According to BlockBeats, on July 8th, Hyperinsight monitoring showed that a whale with the account starting with 0x519c currently holds 7 AI semiconductor-related positions, all of which are 5x isolated margin long positions, totaling approximately $19.541 million. The current unrealized loss is approximately $5.502 million, with all 7 positions showing losses. The losses are mainly concentrated in: MRVL: Long positions amount to approximately $7.456 million, with a floating loss of approximately $2.609 million; SNDK: Long positions amount to approximately $3.836 million, with a floating loss of approximately $1.162 million; SKHX: Long positions amount to approximately $3.883 million, with a floating loss of approximately $676,000; MU / NBIS: Unrealized losses of approximately US$281,000 and US$284,000 respectively. The other two long positions are also in the red, and the total unrealized loss for this address is currently $5.56 million. All four positions have lost more than 100% of their initial investment, making this the address with the largest losses in the market conditions of last night and this morning. Previous report from a whale: South Korea's largest chip production expansion in history failed to stem a massive sell-off, with one major whale who chased SKHX at a high price incurring a loss of over $2.2 million in a single day.
On the day the lock-up period for Zhipu's cornerstone investors expired, nearly 70% of them expressed their intention to hold the shares long-term.
According to a report by the Securities Times on July 7th, as the lock-up period for cornerstone investors in Hong Kong-listed Zhipu approaches, several institutional investors have expressed their long-term optimism and commitment to continue holding the shares. JSC International Investment Fund SPC stated that based on its long-term positive outlook on the company's future development, it is willing to continue holding its shares. According to public information, the core state-owned investors behind its managed funds include the Beijing Artificial Intelligence Industry Investment Fund, Beijing Jingneng Green Energy M&A Investment Fund, Beijing Information Industry Development Investment Fund, and Beijing Zhongguancun Science City Phase III Technology Growth Equity Investment Partnership. Professional market-oriented investment institutions WT Asset Management and Optimas Capital Limited, as well as Zhipu's early shareholder and cornerstone investor Lingyun Optoelectronic Technology Co., Ltd., have also successively stated that they will continue to hold the company's shares, and will proceed in an orderly manner should any future reduction plans arise. The institutions that have simultaneously expressed their support hold nearly 70% of the cornerstone shares to be released from lock-up, encompassing national-level strategic capital, local government industrial guidance funds, large state-owned enterprise industrial funds, and market-oriented professional investment institutions.
South Korean semiconductor stocks plummeted, triggering five large-scale liquidations of SKHX shares, including the liquidation of a whale long position worth approximately $2 million.
According to BlockBeats, on July 7th, Hyperinsight monitoring showed that during the sharp drop in South Korean semiconductor stocks today, SK Hynix (SKHX) long positions on Hyperliquid were subject to concentrated liquidation, with addresses starting with 0x4b2 becoming one of the largest liquidation targets in this round. The whale had placed a long position in SKHX around $1,620 on the evening of July 5, totaling 2,000 contracts, amounting to approximately $3.24 million. Between 9:00 AM and 1:00 PM today, a total of 5 SKHX long positions were liquidated, ranging from $1454.1 to $1382.7, totaling 1344.64 contracts, with a notional amount of approximately $1.916 million, resulting in a loss of $271,000. As of press time, the address has added to its position again, holding 1152,758 long SKHX contracts, with a notional size of approximately $1.656 million and a next liquidation threshold of $1388.56. - HyperInsight Bot is now live. Add @HyperInsightBot to the Telegram community and set it as an administrator (message sending permission required) to automatically sync on-chain information.
"Whale Discovery" reports that a short seller of Hynix shares positioned at an address in advance has seen the price fall, with unrealized profits now reaching $2.88 million, making it the top performer.
According to BlockBeats, on July 7th, Hyperinsight monitoring showed that a whale starting with 0xebe currently holds a 10x leveraged short position in SK Hynix (SKHX), worth approximately $17.502 million, representing about 53.8% of its total position. This morning, the Korean stock market opened sharply lower, causing the unrealized profit on this short position to expand to approximately $2.887 million, a return of 137%, making it the address with the largest unrealized profit on SKHX on the Hyperliquid platform. It is reported that since last night, this address has opened as many as 1,242 short positions on SKHX, adding short positions from $1,621 to $1,471, with a total of 3,455.04 contracts traded, worth approximately $5.2251 million, and a net increase of approximately 3,449 contracts in short positions. Currently, this address only has one SKHX take-profit order at $1435.40, with 300 SKHX tokens and a notional amount of approximately $430,600, covering less than 10% of the position. - HyperInsight Bot is now live. Add @HyperInsightBot to the Telegram community and set it as an administrator (message sending permission required) to automatically sync on-chain information.