According to BlockBeats, on June 26, Hyperinsight monitoring showed that ZHIPU AI has been declining since reaching a peak of about 17 times its IPO price on May 29. In the past 24 hours, it has fallen another 15.22% and is currently trading at $256.81, leading the decline in the Hyperliquid HIP-3 market.

The on-chain trading volume is relatively small, and the overall position is bullish: the bullish moving average is about $277.4, and the bearish moving average is about $284.3; the most recent bullish liquidation line is $223.54, about 13% below the current price. This whale opened a long position on June 26 with a size of $1.02 million and an average price of $268.58, and has already suffered a floating loss of 24%.

On the news front, three negative factors have been converging recently: cornerstone investors will see their shares become tradable on July 8th, tripling the free float; the company plans a secondary listing in Shanghai to raise approximately 15 billion yuan, raising concerns about dilution; and valuation support is weak, with adjusted revenue for 2025 projected to result in a loss of 3.18 billion yuan. Furthermore, MiniMax, a competitor in the same sector, also suffered a sharp decline, further dampening sentiment in the sector.

According to BlockBeats, on June 26, BiyaPay data showed that Micron Technology (MU) surged after its earnings report was released. On June 25, its US stock closed up 15.7% at $1213.56, reaching a high of $1255 during the session, setting a new intraday record.

Micron's latest financial report shows that the company's revenue for the third fiscal quarter was $41.46 billion, exceeding market expectations of approximately $35.7 billion; adjusted earnings per share were $25.11, exceeding market expectations of $20.49. The company also projects fourth fiscal quarter revenue of approximately $50 billion, exceeding market expectations of approximately $43.2 billion.

The market's core focus is on the fact that AI demand is expanding from GPUs to high-bandwidth memory, DRAM, NAND, and other storage components. Micron's disclosure of 16 long-term supply agreements is seen by analysts as a significant signal of improved visibility into future revenue and profits. Driven by Micron's earnings report, storage-related stocks such as Sandisk, Western Digital, and Seagate also rose.

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According to an official announcement from BlockBeats on June 26th, the participation threshold for the Binance Cap (CAP) TGE event has been announced. Users need to have 225 Alpha points to participate. Participation will deduct 15 points. The event will be open from 18:00 to 20:00 today.