According to BlockBeats, on August 14th, the US July PPI unexpectedly remained flat month-on-month, with the year-on-year growth rate falling to 4.7%. Combined with the previous day's CPI showing a similar cooling trend, this indicates that declining energy prices are easing inflationary pressures on the production side. Market bets on a September rate hike by the Federal Reserve have also decreased from approximately 50% to approximately 35% to 40%. However, the core final demand PPI, excluding food, energy, and trade services, rose 0.4% month-on-month, indicating that underlying price pressures have not completely subsided. Initial jobless claims rose to 209,000, also reflecting some signs of a cooling job market.

What is truly concerning is that the cooling inflation has not simultaneously resolved the United States' long-term financing problems. The auction of $25 billion in 30-year U.S. Treasury bonds concluded with a winning bid rate of 5.216%, the highest issuance yield since 2001. Given the high fiscal deficit, increased supply of Treasury bonds, and the Federal Reserve no longer acting as a primary buyer, longer-term U.S. Treasury bonds require a higher term premium to absorb the supply, meaning that the cost of capital in the U.S. economy may not necessarily decrease rapidly with the short-term cooling of inflation.

Meanwhile, after Japan intervened in the yen's exchange rate, the USD/JPY exchange rate once again approached 160. Some arbitrage traders even took advantage of the yen's rebound after the intervention to re-establish leveraged trades. As long as the USD/JPY interest rate differential exists, the yen's attractiveness as a low-cost funding currency will be difficult to eliminate. If the Bank of Japan raises interest rates or intervenes again, it could lead to higher exchange rate and leverage volatility.

Overall, the July inflation data does provide the Federal Reserve with more room for observation, but this does not equate to a rapid easing of financial conditions. While short-term interest rate pressures have decreased, the US fiscal deficit, long-term debt supply, energy prices, and yen carry trades could still influence asset pricing through long-term yields and global funding costs. For the market, what truly matters going forward is not a single inflation figure, but whether the cooling of inflation can be sustained and whether long-term funding costs can decline in tandem.

According to BlockBeats, on August 14th, TradingBeats (formerly Hyperinsight) reported that a whale with the code 0x1829 had a 95% win rate in 20 historical storage transactions; however, it only failed once, losing all its previous profits to SKHX.

He bought SK Hynix at $1,909, then cut his losses near the low of $902, suffering a 50% drop and missing out on the subsequent 30% rebound.

Storage reached a new high on June 22.

The whale bought SK Hynix at an average price of about $1,909 per share at the peak; the next day, the price plummeted, and the whale bought more shares between $1,685 and $1,775, eventually holding 558.75 shares, with a total investment of about $1,012,000, bringing the average price down to $1,810.43.

SKHX subsequently plummeted, and the whale did not adjust its position. At 12:00 on July 29, the whale proactively submitted a "single reduction" market order, closing out its entire position at the $902.6 level. This point was also near the low of $879.4 an hour later. This round resulted in a net loss of approximately $557,000; a loss of approximately $507,300.

The point at which shares were liquidated became the starting point for a rebound.

SKHX is currently trading at $1169.4, up 29.6% from its average selling price and up about 33% from its low of $879.4. Earlier today, SKHX rose to $1216.5; if the whale had held on until now, it might have avoided a loss of $175,400.

The address has not yet repurchased SK Hynix, nor has it returned to the transaction.

According to BlockBeats, on August 14th, based on Bitget market data, the South Korean KOSPI index closed up 164.0 points, or 2.41%, at 6977.34. It rose 11.5% this week, ending a seven-week losing streak.

According to BlockBeats, on August 14th, Michael Burry, the investor known for "The Big Short," has recently garnered attention for his paid newsletter business. His Substack newsletter, "Cassandra Unchained," surpassed 300,000 subscribers in just 231 days. Based on an annual fee of $379, its theoretical annual revenue is approximately $113.7 million.

However, this revenue figure is a theoretical upper limit and does not take into account factors such as the percentage of free subscribers and platform commissions. Burry has not publicly disclosed the actual number of paid subscribers.

Burry launched this newsletter in November 2025, primarily to publish investment views, portfolio changes, and market analysis. Currently, subscribers come from 212 countries worldwide, with approximately 52% located outside the United States. Meanwhile, Burry has continued to bet on the AI bubble risk this year, publicly shorting AI and semiconductor-related stocks such as Nvidia, Micron Technology, and Applied Materials. However, the market has not performed as he expected; Micron's stock price surged by approximately 697% at one point this year, and Nvidia and Applied Materials also saw significant gains, putting pressure on his short positions.

While shorting AI, Burry also invested in some value stocks, including PayPal, Lululemon, Alibaba, and JD.com, and said that as the AI craze cools down, funds may flow back into traditional value assets.

Currently, Burry's investment transactions are under pressure, but subscription revenue from his personal brand may become his most certain source of cash flow this year.