PANews reported on July 22 that according to Onchain Lens monitoring, the ETH long position (15x leverage) of the giant whale AguilaTrades was partially liquidated, resulting in a loss of 7,160 ETH (worth US$26.17 million).
AguilaTrades' operations are like a roller coaster: first it lost $35 million, then it recovered all its investment and left with a loss of $1 million, and now it is facing a loss of $31 million again.



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more