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- 02:57Helium plans to launch an automatic HNT buyback mechanismJinse Finance reported that the decentralized telecommunications infrastructure project Helium posted on Twitter that its team is currently burning Helium Mobile revenue daily to offset network emissions. In the future, they will repurchase HNT from the market to match the daily burn, instead of using the team treasury, and plan to implement this through an automated process. This mechanism does not affect ongoing temporary purchase activities on CEX, AMM, through market makers, and direct OTC. In addition, over the past month, Helium has been exploring the launch of a digital asset treasury business. This business will acquire HNT on the open market and OTC, and increase per-share HNT through network-aligned yield-generating activities.
- 02:46Most cryptocurrencies rise, BTC surpasses $110,000, only AI and CeFi sectors declineAccording to ChainCatcher, based on SoSoValue data, most sectors in the crypto market are on the rise. Bitcoin (BTC) increased by 1.71%, rebounding above $110,000. Ethereum (ETH) rose by 0.08%, fluctuating narrowly around $3,900. In addition, the PayFi sector increased by 3.47%, with XRP up 3.92% and Dash (DASH) surging by 11.99% within the sector. Notably, MAG7.ssi rose by 3.07%, DEFI.ssi increased by 5.89%, and MEME.ssi climbed by 4.17%. Other standout sectors include: the DeFi sector, which rose by 2.86% in the past 24 hours, with Chainlink (LINK) up 9.43%; the Meme sector increased by 1.96%, with FLOKI and Useless Coin (USELESS) rising by 15.49% and 17.55% respectively; the Layer1 sector rose by 0.41%, with Zcash (ZEC) up 13.36%; the Layer2 sector increased by 0.2%, with Zora (ZORA) up 13.24%. In other sectors, the AI sector fell by 0.22%, but 0G rose by 16.96%; the CeFi sector dropped by 0.91%, while Hyperliquid (HYPE) remained relatively strong, up 1.23%. Crypto sector indices reflecting historical sector performance show that the ssiDeFi, ssiPayFi, and ssiMeme indices rose by 3.96%, 3.58%, and 1.87% respectively.
- 02:40An insider whale's short position of 1,100 BTC has turned profitable, with an unrealized gain of $345,000.According to Jinse Finance, on-chain analyst @ai_9684xtpa has monitored that an insider whale's current short position of 1,100 BTC (approximately $120 million) has turned profitable, with an unrealized gain of $345,000.