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According to Coinglass data, whales on the Hyperliquid platform currently hold $9.108 billion, with long positions amounting to $4.239 billion, accounting for 46.54% of the total holdings, and short positions totaling $4.869 billion, making up 53.46%. The profit and loss for long positions is $393 million, while for short positions it is -$410 million. Notably, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of $2,315.73, currently showing an unrealized loss of -$27.4307 million.

According to Bloomberg, Shanghai Biren Technology (Hong Kong stock code 6082) plans to raise approximately HKD 4.04 billion (USD 515 million) to support its artificial intelligence business. The company intends to place 130 million new shares at a price of HKD 31.08 per share, as per documents from the Hong Kong Stock Exchange. This placement price represents a discount of nearly 10% compared to Wednesday's closing price. Bloomberg reports that Biren is one of the GPU developers receiving support from Beijing, and this financing is part of a wave of fundraising among Chinese artificial intelligence companies.

On October 8, Cointelegraph's official X account published an open letter in response to a previous report by CoinDesk, clearly stating, "We are not for sale." In the letter, Cointelegraph claimed that CoinDesk's report was "based on false information and contained multiple factual errors," and stated that while they welcome oversight, they will not remain silent when "speculation is treated as fact." The media outlet demanded that CoinDesk correct the record, explicitly acknowledge its errors, and provide equal exposure for the corrections as the original report, while opposing the idea of "quietly modifying wording and pretending the original report was accurate." Previously, CoinDesk reported on Tuesday, citing unnamed sources, that Cointelegraph was seeking buyers following a significant decline in search traffic, without disclosing the asking price or timeline for the sale. Cointelegraph did not respond to specific traffic data in the open letter.