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BlockBeats News, April 25th. Recently, the veteran bear market coin has experienced a rotation-led uptrend. Last night, APE even achieved an overnight doubling in price "miracle" without any positive news. It is worth noting that on-chain analysts quickly discovered suspected whale manipulation behavior, where a user used only $170,000 to execute precise long and short contracts, achieving a 14x profit on APE overnight. Various signs indicate that such trends have a highly homogeneous trading strategy. Whales manipulate long-standing bearish tokens, using funding rate mechanisms in the derivatives market to create significant price volatility and profit from it. According to crypto KOL CryptoFearless, during this Hong Kong conference, a market maker named HSBG has become a hot topic of discussion. This market maker made over $120 million in profit by solely trading the RIVER project. It is reported that this market maker holds significant sway over the project team, to the extent of manipulating the project's token unlock schedule. As of the time of publication, including AXS and HYPER, several tokens are still experiencing rotation-led price increases. BlockBeats believes that participating in such trends is like "dancing with the devil," carrying high risks. Users should be extremely cautious and control their positions if they choose to participate.

Foresight News reports that, according to Lookonchain monitoring, a total of 14 ecosystem participants and individual contributors have joined DeFi United, with the publicly disclosed total amount being 69,642 ETH (approximately $161 million).

Glonghui, April 25th｜Michael Burry, the legendary hedge fund manager and real-life inspiration for the main character in the movie "The Big Short," posted on Substack that he has established new short positions, buying put options on the iShares Semiconductor ETF (SOXX), and stated directly that the current rally lacks fundamental support. Burry bought SOXX put options with a strike price of $330, expiring in January 2027; he also established put option positions on Nvidia with the same expiry. The Philadelphia Semiconductor Index rose for the 18th consecutive trading day on Friday (24th), setting a record for the longest continuous increase ever. Burry noted that he knows the Philadelphia Semiconductor Index will fall back, and the old generation of semiconductor industry veterans know this as well. He stated that the current rally is largely driven by technical factors. Amid large-scale data center expansion, the narrative of chip supply shortages is extremely strong. He said that if he currently held long positions in semiconductor stocks, he would choose to sell.