BlockBeats reported on August 19th that Aligned, the ZK infrastructure company, released the details of the ALIGN airdrop on Tuesday, 20 months after the registration deadline. The company did not announce the TGE (Genesis Execution) date. The genesis airdrop represents 8.74% of the total supply of 10 billion ALIGN, with 44.36% (approximately 3.88% of the total supply) unlocked at TGE. The airdrop is divided into two parts: a community allocation of approximately 6.54% of the total supply, fully unlocked at TGE for users holding no more than 10,000 ALIGN; and for users holding more than 10,000 ALIGN, only 10,000 ALIGN will be received at TGE. The remaining portion will be released linearly over 12 months. Smaller allocations will be claimed on the Base network, while larger allocations will be claimed on the Ethereum mainnet. The ZK Arcade gaming activity will account for 0.10%, fully unlocked at TGE.

In addition, outstanding contributors account for 2.10%, of which Protocol Guild receives 1.5%, L2BEAT, ZachXBT and Zero Knowledge Podcast each receive 0.2%, TGE releases 2.08% of this portion, and the remainder is released linearly over 47 months.

Aligned finalized airdrop eligibility in December 2024, with 986,843 people meeting the criteria and over 160,000 wallets registering. The Proof Verification Layer upon which the airdrop relied was deprecated in July, replaced by the Proof Aggregation Service, which supports SP1 zkVM. Users can now check their airdrop share.

According to BlockBeats, on August 19th, Bitget reported that following yesterday's decline in the US stock market, South Korean stocks fell sharply again today, with heavyweight stocks SK Hynix falling by more than 8% and Samsung falling by more than 7%.

Correspondingly, the Southern 2x Long Hynix ETF fell 14.63%, and the Southern 2x Long Samsung ETF fell 13.43%.

According to BlockBeats, a Bank of America global fund manager survey released on Tuesday, August 19, showed that optimism among the 180 asset management representatives surveyed (with total assets under management exceeding $500 billion) has surged to the third highest level since 2022. This indicates that bullish sentiment in the financial markets has climbed to its highest point in nearly four years .

This extreme euphoria is directly reflected in institutional portfolio allocations. Surveys show that fund managers' cash allocation ratio has fallen to 3.5%, the lowest level since the survey began in 1998. Michael Hartnett, chief equity strategist at Bank of America, points out that according to Bank of America's "cash rule," a cash ratio of 4% or lower typically triggers a "reverse sell signal." This means that current market allocations are overcrowded, and without a sustained injection of new funds, any negative shocks to growth, inflation, or policy could induce sharp market volatility.

In response to the current extremely optimistic environment, Bank of America also proposed some contrarian investment strategies in its survey. Given the general underweighting of bonds and gold by global institutions, going long on bonds, buying undervalued gold, or investing in UK stocks might offer better defensive returns should market sentiment reverse.

According to BlockBeats, on August 19th, tradingBeats (formerly Hyperinsight) reported that Unitree Robotics' contract liquidations totaled $6.31 million across all platforms in the past four hours, ranking first. Short positions were the primary target of liquidations, with the largest single short position liquidation exceeding $570,000.

In addition, the 24-hour trading volume of Yushu Technology contracts on trade.xyz reached US$42.24 million, with a contract open interest of US$32.02 million. Currently, there are 486 long positions and 728 short positions on the platform.