News linked to this event type.
CoinDCX has issued an announcement stating that it detected anomalous system activity on October 21, and subsequent investigation confirmed that the anomalous activity affected legacy wallet infrastructure that had been deprecated following the July 2025 security incident. CoinDCX stated that due to a malfunction in the automated fund sweeping service that lasted for a period of time, some user deposits mistakenly sent to old addresses were not transferred in a timely manner, ultimately resulting in a loss of 15.99 million USDT, with the related losses borne by the company.CoinDCX emphasized that existing wallets and trading systems were unaffected, user funds remain securely held in isolated cold wallets, and trading, deposit, and withdrawal services all continue to operate normally.
according to Lookonchain monitoring, a trader with a 100% win rate (0xe813) went long 26,974 ETH after the market decline, with a position value of $63.88 million and current unrealized profit of $842,000. This trader previously made $3.3 million in profit through NEAR trading.
Chinese national Zheng Zhao has been extradited from the Netherlands to the United States and appeared before a court in the Central District of California on October 23. He is alleged to have participated in an investment fraud and money laundering scheme involving 174 U.S. victims and more than $36.9 million in illicit funds. The U.S. Department of Justice (DOJ) said the fraudulent operations were run by scam centers in Cambodia.Prosecutors allege that more than $36.9 million was transferred through accounts controlled by accomplices into an account at Bahamas-based Deltec Bank, then converted into the stablecoin USDT and sent to digital asset wallets in Cambodia. Eight other co-defendants have already pleaded guilty; Zheng Zhao faces a money laundering conspiracy charge and, if convicted, could be sentenced to up to 20 years in prison. (Bitcoin.com News)
Odaily reports: DeGods founder and well-known trader Frank posted on X in response to the community calling him "the best trader," stating that such a title is inappropriate and clarifying that his main perpetual contract wallet is still not profitable overall, and that most of the funds he has earned to date come from on-chain trades across various market cycles.Previously, Frank briefly surpassed Bonk Guy to take first place in cumulative PnL rankings on the fomo platform, though Bonk Guy has since overtaken him again.
Trader Doctor Profit stated that although Bitcoin faced mockery from some market participants when it pulled back from $84,000 to below $80,000, he has been viewing the $80,000 to $81,000 range as an opportunity to add to Bitcoin long positions for weeks. His current entries focus on long-term trends rather than short-term $4,000 gains. Doctor Profit revealed that he still holds all spot positions established around $60,000, maintaining a next target price of $94,000. If BTC pulls back to around $80,000 again, he will continue adding to long positions.
according to Lookonchain monitoring, a whale added $5.67 million in USDC margin to a $214 million long position of 93,184 ETH to avoid liquidation, with new liquidation prices at $2,181.69 and $2,177.79. The position currently has an unrealized loss of $18.62 million and has paid $2.68 million in funding fees.
Odaily reports: According to monitoring by on-chain analyst Ai Yi, a Worldcoin project-associated address (0x9b66...98fE) has deposited a cumulative 10.5 million WLD worth $4.857 million to an exchange over the past 11 hours. The source of funds was WLD transferred by the project team 3 years ago; 3 days ago, another associated address also transferred tokens worth $1.61 million to an exchange.
According to on-chain analyst Ai Yi's monitoring, a certain whale bought 2,887.49 ETH on-chain at an average price of $2,315 10 hours ago, worth $6.68 million. Ten minutes after the whale's purchase, the broader market hit a short-term bottom and began to rebound, and the position currently has a floating profit of $122,000.
According to Odaily, on-chain analyst Yu Jin monitored that at 23:00 last night, ETH dropped to a low of $2,282, and a certain whale's ETH long position was about $30 away from its liquidation price. In the early hours of the morning, the whale added $9.21 million in USDC margin, lowering the ETH long position's liquidation price from $2,256 to $2,181. Currently, the whale holds BTC and ETH long positions worth approximately $397 million, including 115,473 ETH valued at about $272 million with the nearest liquidation price at $2,181, and 1,539.5 BTC valued at about $124 million with the nearest liquidation price at $70,396.
Odaily reports: According to on-chain analyst Ember's monitoring, 25 minutes ago, Arthur Hayes transferred another 14 million ENA (approximately $2.73 million) to Cumberland, suspected to be for sale.Since yesterday, Arthur Hayes has cumulatively transferred tokens worth approximately $28.81 million to multiple trading platforms, involving ETH, ENA, UNI, ETHFI, AERO, PENDLE, and ZAMA. Currently, he has received a total of approximately 14.15 million USDC from the relevant trading platforms.
Odaily reports: Trader Bonk Guy posted on X reflecting on his trading experience, stating that on October 10, 2025, due to a systemic failure at a major centralized exchange, he suffered an eight-figure USD loss within minutes, marking the largest single-day loss of his career. He said that in the weeks and months that followed, driven by the urge to recover losses and prove his trading ability, he fell into overtrading and lost millions of dollars more.Bonk Guy pointed out that trading skill, experience, and a mature trading system are not enough to guarantee consistent profitability—trading performance also depends on market conditions, timing, and luck. Strategies that generate massive returns in a bull market may not work in a bear market. Citing the 2021 Meme coin rallies in DOGE and SHIB, as well as the 2024 to early 2025 surges in tokens like WIF, POPCAT, and FARTCOIN, he emphasized that trading opportunities tend to cluster in specific market phases.He believes that one of the most important abilities a trader can develop is recognizing when their edge has disappeared. Over a sufficiently long time horizon, consistently outperforming the market is nearly impossible. Therefore, being able to exit gracefully when things go wrong and wait for the next opportunity is the wisest choice.Finally, he concluded that the goal of trading is not to always stay active, but to seize opportunities during market windows where you truly have an edge—and to have the discipline to do nothing when participation isn't worthwhile.
According to Onchain Lens monitoring, Bitcoin has dropped below $80,000. Two whales on Hyperliquid had their $8.05 million Bitcoin long positions liquidated, realizing a loss of $278,000.
According to Lookonchain monitoring, if the market continues to decline, a whale's long position of 93,184 ETH may face liquidation, with liquidation prices at $2,256.45 and $2,226.53 respectively.
Odaily reports: According to Arkham monitoring, whale 0xFF1 "perfectly timed the market," selling ENA, MNT, ETH, and LDO about one hour ago that it had bought roughly 4 months earlier. The total sale amount was approximately $2.597 million, yielding a profit of about $340,000 against a purchase cost of roughly $2.257 million. Details: ENA was bought for about $433,800 and eventually sold for about $946,900, a profit of roughly $513,000; MNT was bought for about $166,700 and sold for about $138,000, a loss of about $28,700; ETH was bought for about $1.47 million and sold for about $1.29 million, a loss of about $180,000; LDO was bought for about $186,700 and sold for about $222,100, a profit of about $35,400.Arthur Hayes posted today disclosing that his investment firm Maelstrom has fully closed its positions related to ETH, ENA, UNI, and other altcoins, realizing profits, after which the crypto market crashed this evening.
Odaily reports: Onchain analytics firm Dune has launched Market Data Feeds, covering spot and perpetual futures trading across various onchain venues, and standardizing fields such as instrument, venue, buy/sell direction, price, and USD value, making it easier for subscribers to compare trade execution across protocols and blockchains. Dune stated that the product's spot data covers more than 200 trading venues, with the relevant data delivered approximately 1 second after the block containing the transaction is produced; the data is not visible before transaction settlement, nor does it cover the complete records of all offchain protocols.
Bitcoin News posted on X platform that Zack Wainwright, a research analyst at Fidelity Digital Assets, stated that as of October 12, Bitcoin had risen nearly 50% from its bear market low of around $58,000 in June, with a trajectory similar to its 2022 recovery path. He cautioned that Bitcoin's returns have been narrowing each cycle, and past performance does not guarantee future results, but significant upside in dollar terms remains possible; Bitcoin took nearly 16 years to break through $100,000 for the first time, and the move from $100,000 to $200,000 could happen much faster.
Bitcoin News posted on X that after Bitcoin closed below its 50-day moving average, the price is around $80,600, marking the first time since August that it has fallen below this moving average and ending a streak of 66 consecutive days above it; the price is still about 10% above its 200-day moving average. U.S. spot Bitcoin ETFs saw net outflows of $137.9 million on Friday, marking two consecutive trading days of net outflows; the previous day, Thursday, saw net outflows of $635.6 million, the largest single-day outflow since June. The two trading days combined saw net outflows of approximately $773.5 million.
Aave has executed an adjustment to the USDT borrowing interest rate parameters in the Ethereum Core market at block height 26,241,799, lowering the rate kink from 94% utilization to 92%, so that borrowing costs rise earlier when liquidity in the pool tightens. The new parameters are: optimal utilization 92%, base rate 0, slope 1 at 4.5%, slope 2 at 10%; the kink rate is 4.5% APR, and at 100% utilization it is 14.5% APR. At 94% utilization, the old curve's borrowing rate is 4.5% APR, while the new curve's is 7% APR, 2.5 percentage points higher. LlamaRisk recommended the adjustment on October 20; based on a supply of 2.8922 billion USDT, 92% utilization leaves about 57.84 million USDT more in unborrowed buffer than 94%. This buffer does not represent actual cash, and withdrawals still depend on available unborrowed liquidity. A snapshot on October 23 showed that actual cash in the pool was about 391.4 million USDT, the variable borrowing APR was about 4.23%, and the supply liquidity APR was 3.29%.
trader Killa has posted that current Bitcoin price action is highly similar to 2023. At that time, after BTC broke out of its consolidation range and posted a higher weekly high, it did not fall back below the previous high, but instead went on to form a higher low. If a similar pattern plays out this time, BTC may hold the upper boundary of its previous range, and the price may not fall back to the previous $74,000 low, but instead bottom out and rebound at a higher level. The current trend remains clearly bullish.
Ali noted that Bitcoin has experienced significant drawdowns during each of the past four U.S. midterm election cycles, with declines reaching 72%, 65%, 52%, and 27% in 2010, 2014, 2018, and 2022, respectively. Additionally, aside from 2010, the fourth quarters of the remaining three midterm election years all recorded negative returns.