News linked to both this project and an event.
According to an official announcement, Binance will perform wallet maintenance on the Ethereum network (ETH) on October 28 at 14:00 (UTC+8) and will suspend deposits and withdrawals for this network starting at 13:55. The maintenance is expected to last for one hour. During the maintenance period, users will still be able to trade related tokens normally. Deposit and withdrawal services will automatically resume once maintenance is complete and the network is stable.
According to on-chain analyst Ai Yi, an ancient whale who participated in the ICO subscription of 100,000 ETH in 2015 transferred 3,000 ETH worth $6.94 million to exchanges in the past 24 hours. The whale's ETH cost basis was $0.31 per token, and if the ETH transferred this time is sold, the return would reach 746,324%. Currently, 47,000 ETH worth $109 million remains on-chain. Last night, the whale also transferred over $100 million worth of stablecoins to multiple exchanges, market makers, and OTC institutions for unknown purposes.
Odaily reports: According to on-chain analyst Aunt Ai, address 0x882…42058 deposited 2,558.5 ETH to Kraken, worth $5.9 million. This address had accumulated its position in batches between 2025 and 2026, with an average withdrawal price of approximately $2,880; if sold this time, it would exit at a loss. Address 0x5a3…Cf9F5, after being dormant for 11 months, redeemed 2,511 ETH from Aave 2 hours ago and deposited all of it to Binance, worth $5.79 million.
Odaily report: Crypto trader Ansem posted that he is currently bearish on Bitcoin, Ethereum, and large-cap stocks, though he does not believe retail speculative activity will cool significantly as a result. He expects the market to see sharp two-way volatility in Q4, with some on-chain assets still likely to perform well.Ansem noted that this week's Federal Reserve interest rate decision and major earnings reports from several companies will bring significant event risk. AI momentum stocks have formed lower highs after their run-up and lost their prior trend. However, he said this is not a call for a bearish longer-cycle market outlook—the market may still experience a pullback first before continuing its uptrend.
According to on-chain analyst Ember (@EmberCN), Strategy made no BTC purchases last week and currently holds 848,517 BTC valued at approximately $68.075 billion, with an average cost basis of $75,446, resulting in an unrealized gain of roughly $4.058 billion (+6.3%). Bitmine bought 10,452 ETH last week for approximately $25.41 million, bringing its cumulative holdings to 6,051,933 ETH worth around $14.04 billion. With an average cost basis of $3,331, Bitmine faces an unrealized loss of approximately $6.118 billion (-30.3%), falling short of its 5% ETH allocation target by only about 55,000 ETH.
According to QCP Capital market analysis reports, BTC fell below $80,000 over the weekend and is currently trading at the lower boundary of its recent range. Escalating tensions in the Middle East and ETF fund outflows later last week triggered leveraged long liquidations. QCP noted that the key variables this week are the FOMC meeting on Oct. 27-28 and earnings reports from major tech companies: Microsoft and Alphabet will report on Oct. 28, while Amazon will report on Oct. 29. Last week, Meta dropped 7% after raising its capital expenditure guidance, and the Nasdaq posted its worst single-day performance since June. The CME FedWatch Tool shows a 9% probability of a 25-basis-point rate hike in October and an approximately 84% probability in December. There will be no dot plot released with this meeting, and the market will focus on Fed Chair Walsh's press conference. The U.S. 10-year Treasury yield is approximately 4.96%. On the technical side, BTC support sits at $78,000, with resistance at $86,000 and further levels between $88,000 and $90,000. Glassnode data indicates that the cost basis for ETF holders and corporate treasuries ranges from $80,000 to $81,500. ETH support is at $2,150, with resistance at $2,500. The ETH/BTC ratio has fallen to approximately 0.029, and ETH ETFs recorded net outflows for the fourth consecutive week, totaling $220.7 million. Q
According to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), an ancient whale address from the Ethereum ICO era, 0x6C6…d2941, has recently made cumulative deposits of 1,500 ETH to exchanges, valued at approximately $3.46 million. The address initially acquired 100,000 ETH at a cost of $0.31 per coin, and in February 2016 allegedly sold 50,000 ETH at an average price of $5.47, worth approximately $273,000, generating a return of roughly 1,664% at that time. Should these deposited ETH be sold, the return on investment would reach approximately 744,017%.
Odaily reports: According to on-chain analyst Yu Jin's monitoring, an ancient whale subscribed to 100,000 ETH via ICO in 2015 at a price of $0.311, worth $31,000. Half a year later, the whale sold 50,000 ETH at $5.47, worth $274,000, for a 17x profit. The remaining 50,000 ETH were held until today, 11 years later, when they began to move: 5,000 ETH were transferred out within 2 hours, of which 1,500 ETH have entered a centralized exchange, worth $3.45 million.
Odaily News: According to monitoring by on-chain analyst Yu Jin, this institution, which simultaneously invests in Aave and Worldcoin, has over the past day again transferred a total of 16.1 million WLD, worth $7.39 million, and 35,000 AAVE, worth $4.81 million, to multiple CEXs. Over the past two days, the institution may have sold tokens worth approximately $45.38 million, including 35.1 million WLD, worth $17.06 million; 6,000 ETH, worth $14.4 million; and 97,000 AAVE, worth $13.92 million.
according to on-chain analyst Ai Yi, a mysterious entity whose funding source is Tornado has cumulatively bought 3,000.5 ETH worth $7.06 million since October 23, and subsequently swapped it for BTC via the cross-chain protocol THORChain. The entity had previously sold ETH in batches at price highs and bought back near recent lows: it sold at $3,109 in January 2026, sold again at $2,679 in September 2026, and bought back at $2,353 in October 2026.
Odaily reports: Crypto analyst Darkfost posted that this round of deleveraging was driven by a combination of price declines, cascading liquidations, and traders actively closing positions to reduce risk. Looking back at July of this year, Ethereum also experienced a more severe contraction in open interest, after which it stabilized and rebounded, gaining over 32% and briefly breaking above $2,800. Deleveraging is part of the market correction process; such phases are often accompanied by panic sentiment and may also occur at the tail end of a correction.Over the past three weeks, the altcoin market has shown overall weakness, with Ethereum's price pulling back roughly 15% and its market cap shrinking by approximately $54 billion. In the derivatives market, ETH open interest on Binance fell by $1.3 billion over the past month, a decline of nearly 20%, dropping to $5.7 billion; total ETH open interest across the entire network fell to $11.5 billion.
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.
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.
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.
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.
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%.
Odaily reports: According to monitoring by on-chain analyst Yu Jin, Arthur Hayes is bearish on the market outlook and has reduced positions worth $26.08 million across multiple tokens, including:8,000 ETH, at a unit price of $2,369.18, worth $19 million;14 million ENA, at a unit price of $0.191, worth $2.76 million;323,000 UNI, at a unit price of $6.85, worth $2.24 million;1.89 million ETHFI, at a unit price of $0.635, worth $1.23 million;547,000 AERO, at a unit price of $0.716, worth $400,000;120,000 PENDLE, at a unit price of $2, worth $240,000;3 million ZAMA, at a unit price of $0.0706, worth $210,000.