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On August 26, according to monitoring by Lookonchain, a wallet cluster suspected to be associated with Bitkub co-founder and former chairman Sakolkorn Sakavee has removed privacy protection and transferred a total of 34,100 ZEC to Hyperliquid in the past 24 hours, valued at approximately $26.1 million. Subsequently, the address sold 24,100 ZEC, worth about $18.5 million, and purchased 238 BTC. Currently, there are still about 10,000 ZEC remaining on Hyperliquid, valued at approximately $7.6 million, with the related sell orders priced around $780. Note: This is currently only a speculation by the on-chain data analysis platform regarding the wallet's association, and there is no official information confirming that these addresses belong to Sakolkorn Sakavee.

On August 26, according to monitoring by Lookonchain, a wallet cluster suspected to be associated with Bitkub co-founder and former chairman Sakolkorn Sakavee has removed privacy protection and transferred a total of 34,100 ZEC to Hyperliquid in the past 24 hours, valued at approximately $26.1 million. Subsequently, the address sold 24,100 ZEC, worth about $18.5 million, and purchased 238 BTC. Currently, there are still about 10,000 ZEC remaining on Hyperliquid, valued at approximately $7.6 million, with related sell orders priced around $780. Note: This is currently only a speculation by the on-chain data analysis platform regarding the wallet's association, and there is no official information confirming that these addresses belong to Sakolkorn Sakavee.

According to Beating AI news, the waste copper market in Taizhou, Zhejiang, has been unusually active during the traditional off-season for copper consumption from July to August. The prices of some high-quality waste copper have surpassed 90,000 yuan/ton, even reaching 100,000 yuan/ton, with market demand increasing two to three times compared to before. Some goods have been pre-ordered by customers even before they are dismantled. Recycled copper companies are also operating at high capacity. Zhejiang Judong Co., Ltd. plans to increase its recycled copper production capacity to 100,000 tons this year and is currently operating at near full capacity, with orders booked for about a month. Data shows that the copper spot price index at the Shanghai Nonferrous Metals Exchange rose by 31% in the first half of this year; from February to August, COMEX and LME copper futures increased by 52% and 58%, respectively. Industry insiders believe that the core reason for the current copper price surge is still the mismatch between supply and demand: a contraction in overseas copper mine output and rising raw material costs have slowed supply growth, while AI computing centers, power grids, and new energy infrastructure continue to release new copper demand. After entering the traditional consumption peak season from September to October, whether the supply-demand conflict can be further intensified remains a concern. However, analysts warn that the rapid rise in copper prices has put significant pressure on downstream processing enterprises, and the transmission of demand is not smooth, suggesting that the momentum for this round of price increases may have entered its later stages. In the medium to long term, the pace of global copper mine resumption and the speed of AI demand realization will become the two main lines determining the trend of copper prices.