According to BlockBeats , on August 18th, the original top-ranked address of "Niu Lai" suspended its selling activity, remaining inactive for nearly 12 minutes. The total sell-off was locked at approximately $360,000 worth of tokens, leaving it holding tokens worth $474,000. Its holding ratio dropped to 1.25% after the sell-off, losing its top position and falling to fifth place.

The top four addresses holding the most positions have not sold any shares since they were listed on Binance Alpha.

According to GMGN market data, the current market capitalization of Meme coin "Niu Lai" remains at $38 million, with a 24-hour trading volume of $32 million.

BlockBeats reminds users that Meme coins have few real-world use cases, their prices fluctuate greatly, and investment should be approached with caution.

According to BlockBeats, on August 18, according to TradingBeats (formerly Hyperinsight) , trader "LucasMeow" currently holds a total of approximately $15.889 million in short positions in BTC and ETH on Hyperliquid, while investing approximately $466,700 on Polymarket to configure a cross-platform "insurance" for his short positions.

Currently, the account is shorting 100 BTC with 40x leverage, a position value of approximately $6.412 million; and shorting 5,000 ETH with 25x leverage, a position value of approximately $9.477 million. The two short positions have a combined unrealized profit of approximately $503,000, with approximately $539,000 in margin required.

On the Polymarket side, approximately $104,000 was bet that BTC would not fall to one of the six lows of $15,000 to $45,000 within the year, approximately $48,200 was bet that ETH would not fall to $800, and another $314,500 was bet that Satoshi Nakamoto would not move BTC within the year.

The total cost of these eight predicted positions is approximately $466,700, which is equivalent to 86.5% of the current margin of the two short positions. However, since the events corresponding to these positions were high-probability no-positions when they were purchased, even if all of them are eventually realized, the maximum total profit is only about $50,800.

Based on static calculations, if BTC short positions rise from their average entry price to their liquidation price of $96,715.7, and ETH rises to their liquidation price of $2,542.59, the combined liquidation loss would be approximately $5.993 million. The predicted maximum profit for the short position is only about 0.85% of the aforementioned figures.

Meanwhile, "LucasMeow" still placed two non-reduced sell orders at $62,277 and $61,500 for BTC, planning to add another 125 BTC to the short position, with a nominal amount of approximately $7.715 million. The overall direction is still clearly bearish.

The on-chain Perp and address analysis tool TradingBeats are now live, supporting real-time viewing of Hyperliquid data, from address tracing to whale operations, providing in-depth analysis and a complete overview.

According to BlockBeats, on August 18th, Binance will remove and discontinue trading in the following spot trading pairs at 11:00 AM (UTC+8) on August 21st: F/USDC, HIVE/USDC, ILV/USDC, LTC/BNB, NMR/USDC, STEEM/USDC, and SUI/BNB. Binance will also terminate its spot trading bot service for these pairs.