Odaily Planet Daily reports that cryptocurrency prices surged in early trading on Wednesday in the US, with Bitcoin returning above $90,000. Potentially positive factors included: continued strong gains in metal prices, with silver rising approximately 5% to a new high above $66 per ounce, and gold and copper prices also rising by more than 1%. Additionally, Chris Waller, a leading candidate for Federal Reserve Chair and current Fed Governor, made dovish remarks in a public speech, suggesting that the neutral federal funds rate should be 50-100 basis points lower than current levels. He added that US job growth is currently near zero and inflation is not expected to rebound. Major US stock indices were little changed in early trading, and the 10-year US Treasury yield fell 2 basis points to 4.15%. (CoinDesk)

According to Lookonchain monitoring, as the market rebounded, Smart Money's pension-usdt.eth triggered a stop-loss order, closing out its short position of 25,000 ETH (approximately $75 million), resulting in a single loss of about $2.1 million. Its 12-trade winning streak has now ended, but its cumulative profit on Hyperliquid still stands at approximately $23.9 million.

In the past hour, total liquidations across the network reached $138.86 million, with $29.83 million from long positions, with $109.04 million from short positions. BTC liquidation $71.95 million, ETH liquidation $35.69 million.

According to Odaily Planet Daily, NOFX responded to the ChainOpera AI Foundation's test network directly deploying a version of its open-source AI trading operating system, NOFX, released a month ago. NOFX stated that it operates under the AGPL license and has not relinquished control of the code. While it grants others the right to use and distribute the code, it still adheres to fundamental principles such as attribution and transparent sharing. Previously, Tinkle, a core contributor to the NOFX open-source AI trading operating system, disclosed on the X platform that the ChainOpera AI Foundation's test network directly deployed a version of its code released a month prior. The UI only changed the logo and its position; the code remained unchanged, even retaining NOFX's brand logo, Nofx, and the homepage even had identical text. Throughout this process, the team never communicated or contacted NOFX. Tinkle revealed that its system has undergone rapid iterations in the past month and has been integrated with seven exchanges, including Binance and OKX. Before the public statement, the team attempted to contact NOFX privately, and if no response is received, they will preserve evidence and may take further action.

According to data from Hyperbot, as the crypto market experienced a short-term surge, Machi Dage's long positions in ETH and HYPE have turned a profit, currently showing a floating profit of approximately $250,000. Machi Dage currently holds 4,300 ETH in a 25x ETH long position with a liquidation price of $2,717; and 20,888 HYPE in a 10x HYPE long position.