Woofun AI data shows that a major trader closed all SOL short positions, resulting in total losses exceeding $7.7 million, with realized losses accounting for more than $4.84 million. In equity markets, South Korea’s KOSPI index expanded its daily gain to 3.00%, while Hong Kong AI stocks strengthened, led by Zhipu rising over 10%.

On-chain activity includes an entity linked to Andreessen Horowitz transferring 77,400 HYPE tokens to an exchange within five hours, valued at $5.18 million.

Additionally, a whale entered long positions on crude oil and gold worth $19 million and $6.95 million respectively, currently facing floating losses of approximately $5.7 million.