PixelMiningLamp

A 23.58% fall puts $SKR firmly in high-risk territory.
The chart needs time to breathe. A cheap-looking price is not the same thing as a confirmed opportunity.

Crypto Market News: The whale skhx’s short position floating profit has expanded. It is currently at +$1,834,268.39 (+62.68%), with floating profit currently at +$805,582.89 (+41.50%). The current coin price is $1,333.40, the liquidation price is $1,562.81, and the position size is $8,415,026.06. This address prefers topping out to short various assets; it is now sk’s largest short in SK Hynix. Overall, it is still in a losing position, with a monthly loss of about $6 million.

According to Coin Jie Network news and Tantu macro analysis, South Korea’s current financial risks have structural similarities to the 1996 Asian financial crisis. The semiconductor export share is 41%, foreign investors’ equity holdings in the stock market reach 40%, and external debt as a share of GDP rises to 39.6%. The key differences are that the foreign exchange reserves adequacy ratio is 92%, the share of short-term external debt falls to 9.4%, the exchange rate is freely floating, and the growth rate of corporate leverage has slowed. Currently, South Korea’s KOSPI price-to-book ratio is 2x, the price-earnings ratio is 30x, and total outstanding financing is 38.6 trillion won. Model calculations estimate a 5% probability that South Korea will fall into negative growth over the next year, but the risk of a vicious cycle is lower than during the 1996 Asian financial crisis. If the semiconductor cycle reverses or tightening by the Federal Reserve triggers foreign capital to withdraw, the stock market could become a key conduit for risk transmission.

Bbijie News reported that the Hedera-based lending protocol Bonzo Lend lost about $9 million due to an oracle vulnerability. The attacker manipulated the price of Sauce used as collateral, borrowing more than $9 million in assets. In its initial incident report, Bonzo Lend said the attacker first deposited 250 Sauce tokens (worth only a few dollars), then submitted a price update that boosted the token’s value by about 12 orders of magnitude. The wallet then borrowed 6.63 million USDC and 34.5 million Wrapped HBAR from the lending pool. The incident highlights how an oracle malfunction can turn low-value collateral into a tool for extracting large amounts of liquidity from lending protocols. Bonzo Lend noted that the incident was not a vulnerability in its contract or in Hedera’s core network.

CoinWorld news, Metaplanet and Progmat have reached an agreement to conduct research in the digital credit field using Bitcoin, stablecoins, and tokenized securities. The collaboration combines Metaplanet's financial strategy, the stablecoin functionality of JPY Coin, Progmat's infrastructure, and the expertise of Metaplanet Securities to jointly explore creating an efficient and transparent credit market for issuers and investors.

CoinJie.com reports that Silicon Valley startups are currently seeing a surge in computing power credit demand, as AI vendors launch fierce competition to win enterprise customers. Cursor is offering a 75% discount. Sales teams from OpenAI, Anthropic, and others are offering generous terms—some founders even postpone fundraising and negotiate between vendors. Many companies provide cloud computing services and token credits, with totals often exceeding $3 million, which is equivalent to the U.S. seed round median. Google Cloud can provide up to $500,000 in cloud credits and early access to Gemini, while Microsoft and AWS also offer incentives. Vendors want to lock in startup customers early to build long-term revenue, while also facing growing challenges from increasingly powerful free and low-priced models.

Coin Jie Network news: Strategy’s CEO Phong Le posted that Bitcoin is the “United States of money,” offering hope to those seeking to protect their wealth from being eroded by monetary inflation through transparent rules, scarcity enforced by digital means, and proof of work.

CoinWorld news, Tether CEO Paolo Ardoino stated that the AI industry expands its user base through subsidized computing power, relies on high capital expenditure to drive infrastructure expansion, with assets depreciating rapidly within 3 to 5 years, creating mismatches between token prices and real value, profit cycles and capital investment cycles, capital costs and debt maturities, as well as the trend of open-source AI eroding revenue space, and industry risks are accumulating.