Crypto KOL Community & Market Trends

Unitree Robotics officially went public today, with its intraday market cap briefly surging past 400 billion yuan!

As the first publicly listed humanoid robotics company, Unitree is certainly attracting plenty of attention. But if we set the emotions aside, its financials and industry competition also deserve a calm look.

For full-year 2025, revenue was 1.7 billion yuan, up approximately 300% year over year; non-GAAP net profit was 591 million yuan, and gross margin for its core business reached as high as 60.13%.

But by the first quarter of 2026, the picture began to change:

Revenue was 423 million yuan, up 68.49% year over year, which was still impressive; however, non-GAAP net profit was only 40.25 million yuan, down 52.55% year over year.

In other words, revenue is still growing rapidly, but the profit side is already facing significant pressure.

More importantly, humanoid robots are still in the stage of ongoing commercial validation. There is still uncertainty over whether real orders can continue and whether large-scale applications can truly be implemented in the future.

At the same time, Tesla, traditional automakers, consumer electronics giants, and a host of robotics startups are all accelerating their entry into the sector.

The hotter the track becomes, the fiercer the competition will be. Future technological iterations, price wars, and declining profit margins could all become challenges Unitree needs to face.

Judging from the current negative funding rates in the derivatives market, market sentiment is actually not as optimistic as one might imagine.

So when looking at Unitree now, two sentiments may coexist:

On the one hand, there is extreme optimism about the future of humanoid robots; on the other, there are concerns about the current valuation and the sustainability of its profitability.

But that has not dampened everyone’s enthusiasm for subscribing to the IPO today😂

One winning allocation is 500 shares. At an offering price of 150.8 yuan per share, the cost per allocation is approximately 75,400 yuan.

If calculated at the intraday price of 884 yuan per share, the unrealized gain on one allocation would reach more than 360,000 yuan.

It has to be said that this kind of money-making effect makes it difficult not to be tempted.

But IPO subscription is one thing, and valuation is another.

In the short term, sentiment matters; over the long term, it still comes down to orders, technology, and genuine commercialization.

Opened at ￥1100... corresponding to a market cap of ￥445 billion. Profit per lot: ￥475,000. I’m speechless.

Recently, the topic of “real men” has been getting a lot of attention. The simp economy is collapsing. I’ve always been telling my brothers: don’t be a simp. A simp is a simp—if you keep simping until the end, you’ll end up with nothing. I somewhat relate to what this guy said. What do you guys think?

A “two-front war” is squeezing the throat of global fuel supplies

This is not an ordinary oil price surge.

It is the simultaneous loss of the Middle East and Russia, the world’s two largest diesel exporters.

On August 17, the 60-day US-Iran ceasefire agreement officially expired.

No extension. No negotiations. Nothing.

On August 15, only 5 ships passed through the Strait of Hormuz. On August 16, zero.

Before the war, the daily average was 130 ships.

Traffic has fallen to about 1% of its pre-crisis level.

Iran’s parliamentary speaker has already said that the strait will remain closed until the US meets its conditions.

Meanwhile, Trump said he would “soon announce that the Strait of Hormuz belongs to US territory.”

Both sides are raising the stakes. No one is backing down.

Now look at Eastern Europe.

Ukrainian drone attacks on Russian oil refineries have never stopped. In August, the Saratov refinery (150k barrels/day), Syzran refinery (177k barrels/day), and Ufaneftekhim refinery (190k barrels/day) were hit one after another.

The Orsk refinery has halted production for half a year—its annual processing capacity is 6.6 million tonnes.

Russia has extended its diesel export ban through January next year.

In July, Russia’s seaborne refined-product exports fell 33.3% month-on-month and plunged 54.7% year-on-year.

Fuel shortages within Russia have already spread to at least 10 regions, with the governor of Orenburg even imposing odd-even license-plate fueling restrictions.

Both fronts are breaking down simultaneously. This is not a coincidence; it is a systemic collapse.

Russian supply cuts + a Middle East blockade + a global refining-capacity shortfall.

A triple blow.

International Energy Agency data: In July, global refinery crude processing averaged 80.9 million barrels per day, 5 million barrels/day below the same period last year.

What does 5 million barrels/day mean?

It is equivalent to the entire daily refining capacity of Germany and France disappearing overnight.

The world now has only one “major supply hub still operating normally”—the United States.

But what about US inventories?

As of August 7, US distillate fuel inventories stood at 107.1 million barrels—the lowest for this point in the year since 1996.

A 30-year low.

US refiners are exporting desperately—in the first week of August, distillate fuel exports reached 1.9 million barrels/day, a record high. But the more they export, the emptier domestic inventories become.

The world is scrambling to buy on one side, while domestic supplies are nearing depletion on the other.

The market has gone insane.

On Monday, the crack spread between US diesel futures and WTI crude surged to $102.2 per barrel—a record high.

The previous record was $89, set in October 2022.

A full $13 higher.

European diesel prices surged to $167 per barrel last weekend—less than $90 a year ago.

Nearly double.

Geopolitical conflict → energy shortages → inflation → US Treasury yields → risk-asset pricing.

Every link in this transmission chain is tightening.

The combination of energy prices and inflation risks is pushing up US Treasury yields.

The 10-year US Treasury yield is hovering around 4.7%.

The opportunity cost of holding risk assets such as Bitcoin is rising.

This is not something the “Bitcoin is an inflation hedge” narrative can solve.

When Treasury yields rise, capital flows from risk assets into risk-free assets.

Simply put: the more expensive diesel gets, the more dangerous your positions become.

What is the scariest part?

The season.

The Northern Hemisphere is about to enter harvest season—agricultural machinery runs on diesel.

Then comes winter heating—which also runs on diesel.

Demand will only grow, while supply will only tighten.

Bank of America put it plainly: The market is entering the peak-demand season with “almost no margin for error.”

There is no room for error.

Any new attack, any new piece of bad news—could push prices up another notch.

Here is the painful truth.

This is not 2022.

When the Russia-Ukraine war first broke out in 2022, the world still had strategic reserves to release.

What about now?

US diesel inventories are at a 30-year low. European inventories are near their lows during the 2022 energy crisis. China has yet to resume normal exports.

All the buffers are gone.

Every shock is hitting the bone directly.

This “two-front war” is not squeezing oil prices—

It is squeezing food prices on your table (transportation relies on diesel).

It is squeezing your heating bill (heating relies on diesel).

It is squeezing the risk premium on your holdings (inflation → interest rates → risk assets).

Every line ultimately leads to your wallet.

How do you think BTC will perform after diesel breaks above $100?#Gate首发上线茅台等10只A股 #我的七夕交易分享 #Gate7天净流入全球Top3 $CL $BZ $GAS

“A Post-90s Tech Geek Became a 100-Billion-Yuan Tycoon Today”

Today, the net worth of a post-90s-born individual surged to 108.8 billion yuan.

The threshold for becoming the richest post-90s-born person jumped overnight from 20.2 billion yuan to the 100-billion-yuan level.

Wang Xingxing, founder of Unitree Robotics, is 36 years old.

He is neither a second-generation heir nor a capital player—just a tech geek who builds robots.

Wang Xingxing founded Unitree Robotics in 2016, and in 9 years, he grew the company to a market capitalization of 444.9 billion yuan.

9 years, from zero to 444.9 billion yuan.

Unitree Robotics officially listed on the STAR Market today, opening at 1,100 yuan per share and surging 629.44%.

The issue price was 150.8 yuan. Winning one lot earned 474.6k yuan.

Wang Xingxing directly holds 86.71 million shares, representing 21.44% after the offering; he indirectly holds 9.54% through an equity incentive platform. About 30% in total.

Based on the opening price, his stake is worth 108.8 billion yuan.

A post-90s-born individual with a 100-billion-yuan fortune.

This is not a one-person celebration.

Twenty-three employees now have net worths exceeding 10 million yuan.

A total of 171 employees participated in the strategic placement.

Nine years ago, the company was once unable to pay salaries and signed option agreements with core members at 1 yuan per share.

Today, their unrealized gains exceed 150 times their original investment.

Those who endured hardship with you back then are counting the money with you today.

Now let’s talk about those who “bet right.”

Lei Jun’s Shunwei Capital holds 16.11M shares. Its unrealized gains stand at 15.2 billion yuan.

DeepSeek, High-Flyer Quant, and Jiuzhang Asset, all backed by Liang Wenfeng, were allocated a combined 1.19M shares. Their unrealized gains stand at 1.1 billion yuan.

Meituan-affiliated entities hold 35.12 million shares. Their unrealized gains stand at 33.3 billion yuan.

Some rejoice while others regret. DJI discussed an investment with Unitree in its early days but did not invest. It missed out on more than 25 billion yuan.

25 billion yuan—the difference a single decision can make.

In the 2025 New Fortune magazine ranking, the richest post-90s-born person was Liu Jingkang, founder of Insta360, with 20.2 billion yuan.

Today, Wang Xingxing multiplied that figure fivefold.

The previous richest person’s fraction has become this one’s starting point.

Doesn’t this resemble the early BTC miners?

Technological conviction.

Long-term holding.

What they received was the dividend of the times.

When Wang Xingxing founded Unitree in 2016, few people believed humanoid robots could succeed. Just as in 2011, few people believed BTC could reach $100k.

The era of patient capital is arriving.

Web3 builders, what will the things you hold look like 9 years from now?

The richest post-90s-born person did not become one by speculating on crypto, but by building robots.

Which sector will produce the next 100-billion-yuan tycoon? #宇树科技上市能否冲击2000亿 #Gate事件积分系统上线 #我的七夕交易分享 $BTC $ETH $UNITREE

@SiShiBaWanGe888 This momentum is fire, bro—steady.

@DuskFoundation #dusk
Dusk is making its developer ecosystem more accessible.
The new DuskEVM testnet is now live, allowing developers to deploy and test Solidity + Hardhat applications on Dusk.
That EVM compatibility could be a meaningful step for bringing more builders and real-world financial apps into the Dusk ecosystem.
$DUSK

$EIGEN ‌ — 1H Chart

The chart is slightly bearish right now. The price is below the 1H Supertrend at 0.1720, while 0.1720–0.1726 is the key resistance zone.

📉 Preferred setup: Short

Entry: 0.1705–0.1715

SL: 0.1738

TP1: 0.1683

TP2: 0.1661

TP3: 0.1645

EIGEN rejected the 0.1720–0.1726 area and is still trading below the Supertrend. The recent bounce from ~0.1650 has not yet produced a clean 1H bullish breakout. If 0.1700 breaks, sellers could push the price toward 0.1683 → 0.1661.

For a bullish reversal, I’d want to see a 1H close above 0.1726, ideally followed by a successful retest. That would weaken the short setup.

Invalidation: 1H close above 0.1738.

Levels are chart-based scenarios, not guaranteed outcomes.

#GateEventPointsSystemLaunched #CanUnitreeHit200Billion

Damn, is Bitcoin going crazy? U.S. stocks are falling while it’s rising—this is completely upside down!

An Animation That Nearly Went Unnoticed Pushed a Meme to a Market Cap of Nearly $50 Million

To be honest, the whole “牛来” phenomenon has felt pretty surreal to me. At first, the animation was nearly buried because of its abstract art style and rough production, with netizens everywhere making jokes and mocking it. Who would have thought that the flood of teasing would instead drive up its popularity, sending box office revenue steadily higher, while the identically named meme coin $牛来 on the BSC chain also surged in popularity.

@cas_abbe @Gate The 20% promo yield for 7 days definitely caught my attention. Nice extra incentive for new users

$BTC ETF funds suddenly began flowing back across the board! Daily net inflows reached $298 million. All four major crypto ETFs turned positive! Institutional buying is starting to pick up again. This wave of fund inflows is looking increasingly significant! On August 17, U.S. BTC ETFs recorded net inflows of $297.56 million, while ETH ETFs saw net inflows of $30.85 million. More notably, LINK and AVAX ETFs also recorded positive inflows, attracting $2.07 million and $514,600, respectively.

Trading Notes: $BTC Bitcoin Five days have passed during the verification process, and for now it looks like it is following this approach. Like an old ox cart, moving slowly.

Holy shit, that's strong. The bears were happy all day, then the U.S. stock market opened. ??????

Trading Notes: Old Mantou $LITE I forgot to mention one thing in my previous X post: the reasoning behind determining that profits can be taken in the short term. The X posts from the past two days have already explained this, so I won’t go into too much detail here. Known information: An impulsive wave has emerged upward from the absolute bottom. Based on the overall market trend, we are currently assuming that it has topped.

Trading Notes: SanDisk $SNDK SanDisk (Figure 1): The information currently available shows that the rebound from the bottom has completed two upward legs. The second upward leg is 1.382 times the first, so it may develop into an impulse wave. In that case, after a retracement, another upward leg would follow, forming an impulse wave. The retracement cannot be too deep. If it retraces too deeply, the rebound will stop after three legs (the two scenarios shown by the black lines in the figure);

Unitree will be listed and begin trading tomorrow (8/19). The current pre-market contract price on Hyperliquid is $102 (≈￥683), corresponding to a market capitalization of ￥276.4 billion. Compared with the ￥150.8 offering price, this represents a 6.7-fold increase. If it is sold at this price tomorrow, the profit from subscribing to one IPO lot would be ￥266,000.

--------------------------------------------------------------------------

In the AI chip industry, everyone keeps an eye on NVDA and AMD. But after the chips are manufactured, there’s another easily overlooked issue: testing. AEHR makes testing and burn-in equipment for chips such as AI processors and silicon photonics. As AI chips become increasingly expensive and computing density continues to rise, requirements for reliability before shipment will only become stricter. That’s also why AEHR’s AI revenue share went from less than 5% over the course of two years

I got bored eating and scrolled through X’s For You recommendations for a while. What the fuck is this shit? Although I barely ever browse Xiaohongshu, it seems like X has fucking turned into Xiaohongshu; damn, have all the A8A9 gurus gone broke? Did they all switch to chasing mass traffic and leeching off Musk? This is unbearable. I clicked “Not interested” a bunch of times, and my eyes are about to go blind.

The 12 Deadliest Stock Market Fantasies for Retail Investors:
1. It’s already fallen this much. It can’t possibly fall any further, right?
There’s always a basement beneath the floor, and eighteen levels of hell beneath the basement.

2. I can definitely buy in at the exact bottom.
No one can accurately predict the bottom of the stock market. Those who blindly believe they can catch the bottom often end up buying halfway down the mountain and becoming bagholders.

3. It’s already risen so high. How could it possibly go any higher?
There is no ceiling on the growth of a good company.

4. It only costs a few dollars. How much could I possibly lose by buying it?
A $1 garbage stock that falls to a penny can still cause you to lose 90%. Cheap doesn’t mean good. Bad high-priced and low-priced stocks can be equally brutal on their way to zero.

5. As long as I don’t sell, it will eventually recover.
Holding on until you break even is the biggest fantasy of all. Many declining companies with deteriorating fundamentals see their stock prices fall for a lifetime, never recovering.

6. It’s always darkest before the dawn. I’ll be fine if I can just tough it out.
You think it’s darkness before dawn, but it may actually be only the beginning of dusk, with a long, cold polar night still waiting for you.

7. As soon as it gets back to breakeven, I’ll sell immediately.
After finally waiting for a stock to recover to breakeven, people often rush to sell—only to dump a high-quality stock just before it takes off, throwing gold away as if it were garbage.

8. Big companies are very stable. They can’t fall that far.
There are no absolutely safe havens in the stock market. Once an established giant fails to keep up with the times, it can go bankrupt and plunge harder than anything else.

9. I held it for so long and nothing happened. The moment I sell, it takes off.
Investing requires tremendous patience. Often, the very second after you lose confidence and sell at a loss, positive news starts pouring in from everywhere.

10. I’ve already lost so much money. I’ll never buy stocks again.
Quitting the market completely after getting burned once is like refusing to eat after choking. It only causes you to permanently lose the opportunity to use the stock market to grow your assets.

11. I missed this huge winning stock. I’d better quickly buy a second-rate stock in the same sector to make up for it.
If you missed it, you missed it. Buying a second-rate company that follows the trend and rides the hype just to make up for it is often the beginning of falling into a second trap.

12. If the stock goes up, it means I chose correctly; if it goes down, it means I chose incorrectly.
Don’t mistake short-term luck for personal ability. Short-term fluctuations in a stock’s price are merely trading sentiment and cannot determine whether your judgment of the company’s fundamentals was right or wrong.

If all 12 apply to you, close your brokerage account immediately!