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ChainCatcher reports that, according to on-chain analyst @ai_9684 xtpa, an "insider whale" has opened 20x short positions of 3,333,333 XRP and 44,444.44 SOL, with entry prices of $2.93 and $164.18 respectively. The total value of these short positions amounts to $17.07 million. Currently, the total value of their four short positions has exceeded $221 million, with an unrealized profit of $6.01 million.

According to Jinse Finance, Tether issued a total of 6 billion USDT in July this year. Previously, Tether released its financial report for the second quarter of 2025. The report shows that as of June 30, 2025, the circulation of USDT exceeded $157 billion, an increase of $20 billion since the beginning of the year. The financial report also indicates that Tether holds a total of $127 billion in U.S. Treasury bonds, with $105.5 billion held directly and $21.3 billion held indirectly, representing an increase of approximately $8 billion compared to the first quarter. The company achieved a net profit of $4.9 billion in the second quarter, with total profits for the first half of 2025 reaching $5.7 billion, of which recurring profits accounted for $3.1 billion.