1. James Wynn: Excessive leverage and user focus led to a loss of control. 2. Trump said the Pelosi couple may be involved in insider trading and suggested launching an investigation; 3. AguilaTrades closed its long positions in BTC and ETH, making a profit of $11.29 million; 4. A whale continued to inject capital into HyperLiquid to avoid liquidation of its ETH short position, resulting in a floating loss of approximately $19.9 million. 5. Abraxas Capital's multi-asset short position losses exceeded $190 million, and funding rate income exceeded $28 million; 6. Galaxy Digital transferred 224,000 SOL to the exchange within two hours, worth $41.12 million. 7. A whale has withdrawn a total of 10,999 ETH for staking in the past two months, with a current floating profit of $13.53 million. 8. Ansem: Chainlink is like Ripple, but the technology is indeed available; 9. Ant Digital's Blockchain Business President: He has rejected many RWA projects, including agricultural products; 10. White House official: Trump is open to holding a trilateral summit between the US, Russia and Ukraine in Alaska, but the White House is still preparing for bilateral talks at Putin's request; 11. Smart money withdrew 210,000 LINK from Binance, worth $4.484 million; 12. Ourbit's meme token, BITCH, plummeted 99% before quickly rebounding, possibly due to a malfunction in its market-making bot. 13. SOON briefly hit 0.5 USDT, a daily increase of 124.03%; 14. Bo Hines, executive director of the White House Cryptography Council, will resign and be replaced by his deputy, Patrick Witt. 15. An address suspected to be associated with SharpLink withdrew 17,655 ETH yesterday, worth approximately US$72.7 million.

According to an official announcement from Odaily Planet Daily, Binance Futures will update the leverage and margin tiers for the MEMEFIUSDTU-margined perpetual contract at 11:00 AM (Beijing Time) on August 11, 2025. Existing positions will be affected. Users should prepare accordingly before the adjustment to avoid forced liquidations. (This newsletter was generated with AI assistance.)

According to Odaily Planet Daily, according to Lookonchain monitoring, in the past two hours, Galaxy Digital transferred 224,000 SOL to Binance and Coinbase, worth approximately US$41.12 million.

According to Odaily Planet Daily, trader James Wynn wrote that his biggest recent lesson was growing $3 million into $100 million, only to lose it all again under the watchful eyes of the world. He stated that excessive leverage and excessive attention caused him to lose his composure and ultimately lose control, adding, "Lessons are more valuable than money; wealth is unlimited and easily attainable."

According to Onchain Lens, AguilaTrades has closed its long positions in BTC (40x leverage) and ETH (25x leverage), generating a total profit of $11.29 million. Previously, it had lost $39.96 million, and currently needs to earn $28.74 million to recoup its losses.

According to Odaily Planet Daily, Trump posted on Truth Social that U.S. Representative Nancy Pelosi and her husband may have used insider information to trade in 2024 and outperform all hedge funds. He questioned, "In other words, these two very ordinary people beat all the super geniuses on Wall Street. This is all insider information! Is anyone investigating?"