Crypto Morning Brief: HYPE Continues to Set New Highs; Anthropic, OpenAI, SpaceX AI, and Google Sued for Calling for a…

A whale sold 14,300 ZEC to take profit, ultimately realizing a profit of $5.237 million.

Author: TechFlow

Yesterday's Market Dynamics

A Whale Accumulated Purchases of Over 9,000 ETH Within Two Days, Yielding Unrealized Profits of Approximately $1.22 Million

According to on-chain analyst Aunt Ai (@ai_9684xtpa), the whale entity that made a massive $17.15 million position build-up in ETH yesterday continued to add to its positions today—within the past 15 hours, its related addresses purchased an additional 2,086 ETH on-chain at an average price of $2,599, worth approximately $5.42 million.

Since yesterday, this entity has consistently been building its position through a "sell UBTC → buy ETH" strategy, accumulating a total purchase of 9,058.19 ETH. The total expenditure amounts to approximately $22.57 million, with an average cost of about $2,492.62 per ETH, resulting in current unrealized profits of roughly $1.22 million.

Switchboard Oracle Announces Shutdown; Users Must Complete Migration Within One Week

In an official post, the Switchboard Foundation Group (@SwitchboardFDN) announced that the decentralized oracle protocol Switchboard is officially shutting down, with all support to be terminated by September 25, 2026.