The Legislative Affairs Commission of the Standing Committee of the National People's Congress of China has revised the draft of the Enterprise Bankruptcy Law, strengthening the rules for reorganization and cross-border bankruptcy

Giant Whale has set 10 major targets and holds a short position of $219 million, with a current floating loss of $1.07 million. Among them, BTC has a 5-fold short position of 2449.968 BTC worth 185 million US dollars, with an average opening price of 74746.10 US dollars and a floating loss of 972400 US dollars; ETH 7-fold short position holds 15000 ETH worth 35.31 million US dollars, with an average opening price of 2347.89 US dollars and a floating loss of 97700 US dollars.

[Main password: Binance BTC contract main player executed a limit order worth $80.5 million] Large-scale fund hedging emerged suddenly, intensifying market sentiment; upcoming moves remain uncertain.

TS Lombard pointed out that although both the United States and the United Kingdom can alleviate long-term supply pressures by shortening debt maturities, their fiscal environments are different. The average maturity of UK government debt is about 14 years, and fiscal policy tends to be more consolidated with lower interest rates. The refinancing risks brought about by shortening the maturity are relatively controllable. The average debt maturity in the United States is relatively short, fiscal policy tends to be expansionary, and financing demand is high. TS Lombard expects the Federal Reserve to raise interest rates higher than market pricing in the next 12 months. The migration of financing to the short end exposes government interest expenditures to high policy interest rates, shortening the term increases the sensitivity of the government to short end interest rates, and narrows the space for policy makers to lower long-term bond yields and control interest expenditures.

US President Trump named Hyperliquid at the White House Crypto and Fintech Leaders' Meeting on August 20th and stated that CFTC Chairman Mike Selig is pushing for Hyperliquid to enter the US market in a fully compliant and legal manner.

[A certain whale or institution sold 871,000 HYPE worth $64.82 million through FalconX] According to monitoring by Lookonchain, in the past 6 hours, a whale or institution cumulatively sold 871,000 HYPE worth approximately $64.82 million through FalconX.