Odaily Morning Brief
1. After losing $35.44 million, Garrett Jin lost another $79,000 on his ZEC long position;
2. CFTC investigates Kalshi for wash trading, platform denies fraudulent transactions;
3. A whale bought $400 million worth of HYPE in the past month, and purchased another 373,700 tokens today;
4. Cambodia exposes its largest telecom fraud hub "Compound No. 8" for the first time: Huione Pay was once based there and has ties to Prince Group;
5. An address withdrew 1 million UNI, worth $10.07 million;
6. SoftBank launches massive junk bond issuance to fund AI expansion;
7. Holdings approach $1 billion, Tesla's Bitcoin position unchanged for 4 years.
The dominant signal in this mixed brief is a whale buying $400M of HYPE over the past month and another 373,700 tokens today, which removes HYPE supply and shows strong conviction in Hyperliquid’s perp-DEX ecosystem. That supports HYPE and related perp-DEX tokens short-term bullish (medium); other items are secondary and do not change the broad market direction.