James Wynn shorts the S&P 500 with 50x leverage, only about 1.4% away from liquidation price

According to Binance's official announcement, Odaily reports that Binance has reopened withdrawal services for 87 networks this week, including APT, HYPE, BERA, LTC, NEAR, LINEA, SCROLL, ADA, ATOM, AVAX, FIL, TIA, and STARKNET, among others.Binance stated that the restoration of withdrawal services is still ongoing, and it plans to reopen withdrawal services for all remaining networks and assets before the end of next weekend.In addition, Binance reminds users that due to heavy network traffic during the restoration period, some users may experience withdrawal delays or longer processing times. Users are advised to confirm whether services have been restored through the asset withdrawal page or the official network status page.

Odaily reports: Liquid Capital founder Yi Lihua posted that the crypto market continued to decline on Saturday, which he believes was mainly affected by the Huang Renxun incident, with market expectations for the subsequent trend of US stocks turning pessimistic, and a further 30% drop in US stocks is not impossible. Before the situation becomes clear, it is unwise to easily judge that the market has bottomed out.Yi Lihua stated that he had previously identified $79,000, $75,000, and $71,000 as three key support levels for BTC after its pullback from $86,000, and entered near $77,000 to buy the dip. At that time, judging from Bitcoin's own price action, the market had a significant rebound opportunity, but as US stocks plunged, he promptly took profits and exited, retaining only a small spot position.He believes that the current crypto market trend is already highly dependent on US stock performance. Given his pessimistic attitude toward the subsequent development of the Huang Renxun incident and the outlook for US stocks, he will not consider buying the dip in the short term and will wait for the US stock situation to become clearer.

Odaily reports: According to Onchain Lens monitoring, the Ethereum Foundation swapped 1,000 ETH for approximately $1.9 million in USDS via CoWSwap. Over the past 4 days, the Foundation has sold 5,000 ETH, exchanging it for approximately 9.92 million USDS. In the past hour, the Foundation also transferred 7.79 million USDS to a multi-signature Safe wallet.

Odaily News: According to Arkham monitoring, Morgan Stanley this morning transferred 24,452 SOL to a Coinbase address through its spot Solana exchange-traded fund MSOL, suspected to be a sale. In addition, Morgan Stanley once again bought the dip during the market decline through its spot Bitcoin exchange-traded fund MSBT, having spent a cumulative $52.87 million this week to buy approximately 735 BTC. As of now, its total Bitcoin holdings have risen to 11,625 BTC, worth approximately $784 million.

Odaily reports: According to Hyperbot data, well-known trader AguilaTrades (0x1f25...f925) has once again aggressively shorted Bitcoin. After closing a previous short position and flipping a 258 BTC long position into a short, the trader opened a new 446 BTC short position on Hyperliquid worth approximately $30.58 million.Subsequently, AguilaTrades continued to add to the position and began slightly reducing the short position an hour ago. The trader currently still holds a 697.5 BTC short position, which at 40x leverage is worth approximately $47.07 million, with current unrealized profit of about $831,300. The average entry price is $68,681.8, the current mark price is $67,301, and the liquidation price is $71,381.1.

Odaily reports: According to Arkham monitoring, during the market downturn, a certain whale appears to have been "buying the dip" and continuously adding to its LINK holdings. Over the past 7 days, it has spent approximately $15.12 million to buy 1.405 million LINK, and its current position is sitting at an unrealized loss of about $1 million.Notably, the LINK in question traces back to Revolut's custody wallet address on Coinbase. The market speculates that the whale may have purchased LINK through over-the-counter (OTC) trades at a significant discount, thereby lowering its actual entry cost. This may explain why the whale continues to add to its LINK position despite being underwater on paper.