Odaily News: According to on-chain analyst Ai Yi's monitoring, trader fluffysnow opened a 5x long position on 8,469.64 ZEC at an average price of $1,322.49 at 04:50 today, worth $11.66 million, and is currently up $487,000. This position is the 7th-largest ZEC long on Hyperliquid. ZEC's liquidation amount over the past 24 hours was $57.36 million, second only to Bitcoin and ETH.

According to Odaily, 5 hours ago, a new address withdrew 2,695 ETH from Gemini and staked it all, worth $6.94 million.

Odaily News: LITE is currently at $922.59, up 9.31% in 24 hours; MRVL is currently at $233.22, up 4.98% in 24 hours. A Hyperliquid whale holds two optical interconnect long positions with a combined value of approximately $2.3879 million. Over the past 24 hours, unrealized PnL improved by about $165,600, narrowing the overall loss to approximately $24,900.

Specifically, the whale holds 1,504.2 LITE longs with 3x isolated margin, worth approximately $1.387 million, with an average entry price of $907. At the current price, this position is profitable by about $23,400, with a return of approximately 5.14%. The whale also holds 4,288.5 MRVL longs, worth approximately $1.0002 million, with an average entry price of $244.4. At the current price, this position is still at a loss of about $48,000, with a return of approximately 13.8%.

According to on-chain analyst Ai Yi, 6 hours ago, a multisig address transferred 9.2 million LSK, worth $6.52 million, to another address; subsequently, 2 million LSK was deposited to GSR's Binance deposit address. A similar operation occurred 9 months ago. LSK briefly rose to $2.37 last weekend, a gain of nearly 10x, and is now trading at $0.5084, with its market cap down 78.5% from its peak.

Odaily reports that venture capital firm Cosmos Ventures has officially launched, co-founded by Brendan McCord and Matt Mandel, alongside the debut of a $77.6 million inaugural fund. The firm will focus on backing "philosopher-builders" who are creating new types of organizations and institutions for the AI era.

Cosmos Ventures has already invested in AIUC, Prime Intellect, Workshop Labs (acquired by Thinking Machines), and an undisclosed education company. The LP lineup for its debut fund includes Reid Hoffman, Joe Liemandt, Stand Together, Fred Wilson, Micky Malka, and Astera Institute.

Odaily News: FOS has revealed that NBA superstar LeBron James's commercial contract with prediction market platform Polymarket is worth as much as $15 million per year, sparking controversy among the community and fans. In response, well-known reporter Siegel stated that under current understanding, commercial partnerships between NBA players and outside companies do not necessarily violate the existing collective bargaining agreement. However, the issue lies in the fact that if a player in the future were to voluntarily accept a lower NBA contract because they can earn substantial income from off-court partnerships, thereby helping a team free up salary cap space, then such an arrangement could in practical effect come close to "salary cap circumvention." Even if it does not directly breach the rules in form, if an obvious linkage emerges between off-court income and team salary, the NBA league will likely pay closer attention to such maneuvers in the future.

Odaily reports - According to people familiar with the matter, AI Agent startup Manus is preparing a new round of $500 million in funding, with the deal nearing completion and the company's valuation expected to double to $4 billion. This would be Manus's first funding round since splitting from Meta.

If the funding is completed as planned, Manus will become the highest-valued startup in China's Agentic AI sector. Negotiations are still ongoing, and specific terms may change. The identity of new investors has not yet been disclosed. Manus's existing investors include Tencent, HSG, and ZhenFund. (Bloomberg)

Odaily reports, according to GMGN data, mainstream platforms and Meme coins on Solana are broadly rallying, including:

1. USELESS market cap stands at $234 million, up 7.9% in 24 hours;

2. STONK market cap stands at $174 million, up 36.5% in 24 hours;

3. ANSEM market cap stands at $135 million, up 17.4% in 24 hours;

4. ZCAT market cap stands at $130 million, up 71.8% in 24 hours;

5. CATE market cap stands at $70.6 million, up 23% in 24 hours;

6. EMBER market cap stands at $13.5 million, up 37.2% in 24 hours.

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily News: According to monitoring by on-chain analyst Aunt Ai, an address withdrew 4,827 ETH from Coinbase at 1:35 AM today, worth $11.52 million. At the time of withdrawal, the ETH price was $2,416.14. ETH subsequently fell to a low of $2,358.88, and the position was once down by $276,000. It has now returned to breakeven as the coin price rebounded.

Odaily reports: Arthur Hayes posted on the X platform that raising interest rates when government debt levels are high has a stimulative effect: bank reserve earnings increase, and the returns for holders of short-term Treasury bonds also increase, which overall will drive more consumption, especially consumption of financial assets.

He stated that although the Federal Reserve stopped RMP purchases in mid-August, when accounting for bank balance sheet expansion, the combined assets of the Federal Reserve and banks are still growing and creating money. As the quantity of money increases, even if its price rises, financial assets will continue to appreciate.

Odaily News — On September 17, according to SoSoValue data, with the Fed's interest rate decision finally landing, the crypto market rebounded broadly, with the PayFi sector showing strong performance, up 5.03% in 24 hours. Among them, Zcash (ZEC) rose 23.28%, and Dash (DASH) gained 17.21%. Meanwhile, Bitcoin (BTC) rose 1.28%, breaking through $76,000; Ethereum (ETH) rose 1.63%, trading in a narrow range around the $2,400 mark.

In other sectors, the Layer2 sector rose 4.91% in 24 hours, with Lisk (LSK) up 31.79%; the Layer1 sector gained 3.71%, with NEAR Protocol (NEAR) up 14.64%; the DeFi sector rose 3.49%, with Bedrock Token (BR) up 177.57%; the Meme sector rose 1.97%, with Bulla (BULLA) up 46.68%; the CeFi sector rose 1.96%, with Aster (ASTER) up 5.77%.

The GameFi sector, which surged significantly yesterday, saw a pullback, declining 8.10% in 24 hours. Within the sector, Akedo (AKE) dropped 32.24%.

Crypto sector indices reflecting historical sector performance show that the ssiAI, ssiLayer2, and ssiDeFi indices rose 6.02%, 4.98%, and 3.77% respectively.

Odaily News: Possibly influenced by Bithumb's upcoming listing of the AVA/KRW trading pair, AVA briefly touched 0.195 USDT and is now trading at 0.188 USDT, up nearly 20% within 15 minutes.

According to on-chain analyst Ai Yi, an address withdrew 2,500 ETH from Binance 5 hours ago, worth $6.02 million, at a withdrawal price of $2,408.42, and subsequently began building an ETH position.

Odaily reports that Bybit today announced the official launch of Bybit Odds. This is a brand-new trading product that allows users to express directional views on the price movements of Bitcoin (BTC) and Ethereum (ETH), and complete trades with fixed potential returns and zero liquidation risk.

Bybit Odds is designed to eliminate the complexity and uncertainty commonly found in crypto derivatives trading. Users allocate USDT to a specific price outcome. If the prediction is correct, they receive a pre-displayed fixed payout at settlement; if the prediction is incorrect, they only lose the allocated amount, with no additional losses. The maximum return and maximum loss of each trade are clearly visible before confirmation.

Bybit Odds offers three contract structures to suit different timeframes and risk preferences:

Up/Down — Predict whether the price will rise or fall relative to the entry price, with settlement in 5 minutes or 15 minutes.

Price Target — Predict whether the price will be above or below a specified level at expiry, with contract terms of up to 7 days.

Price Range — Predict whether the price will remain within or break out of a specified range at expiry, with contract terms of up to 7 days.

The minimum participation amount per trade is 5 USDT. Bybit Odds is deeply integrated with the Unified Trading Account (UTA), allowing users to directly use existing funds without additional transfers. Product pricing is supported by institutional market makers, ensuring competitive quotes and ample liquidity across all contract types.

Odaily reports: Crypto researcher Ignas posted on X platform, stating that he currently has "no FOMO" about trading on Arc, believing that Arc focuses more on forex, payments, and tokenization scenarios, and that the team's support for Crypto Native culture is relatively limited.

Ignas stated that one of Arc's potential attractions may come from an ARC token airdrop. He noted that Arc has plans for 60% of its tokens to be allocated to the "ecosystem," but expects that the relevant tokens will be used more to incentivize ecosystem partners in payments, forex, and tokenization rather than Degen traders. Additionally, he believes that from Robinhood and Solana to Arc, the "Meme coin + stocks" playbook is being repeated, and unless Arc introduces a new narrative, he will look at other trading opportunities.

Odaily reports, according to Dune data, Arc mainnet recorded 7.76 million transactions on its first trading day, generating approximately $280,000 in fees. Meanwhile, Uniswap's single-day trading volume on Arc exceeded $410 million.

Additionally, Arc uses USDC as its native gas token, with single-day USDC transfer volume approaching $1 billion and total on-chain USDC reaching $650 million. New addresses on the day exceeded 700,000, bringing the total number of addresses past 840,000.