News linked to both this project and an event.
According to Lookonchain, during the market pullback, the whale with address 0x8E8b purchased 6,010 ETH today, worth approximately $14.23 million. Previously, this address had sold 2,050 ETH for $4.93 million, realizing a profit of $1.08 million.
Odaily reports: According to on-chain analyst Ai Yi's monitoring, a whale that made a $1.08 million profit a month ago by buying low and selling high on ETH has once again opened a position worth $14.22 million in ETH. Two hours ago, two addresses suspected to belong to the same whale withdrew 6,010 ETH from Binance, at an average withdrawal price of $2,367. One of the addresses had opened a position at $1,874 between July 31 and August 14 of this year, and is suspected to have exited at $2,405, with a return rate of 28.33%.
According to Lookonchain, as the cryptocurrency market continues to decline, a large short trader on the decentralized exchange Aster with address 0xDD6A has accumulated over $6.4 million in realized gains. Currently, the trader holds 20x short positions in BTC, ETH, SOL, XRP, and DOGE, with a total position size of $24.6 million, maintaining a 100% win rate across these positions.
According to YuJin monitoring, as the ETH price falls below $2,400, a whale or institution holding a $352 million long position faces significant risk. Its long position of 79,260 ETH (valued at approximately $187 million) has a liquidation price range between $2,290 and $2,301, leaving it only about $60 away from liquidation.
According to Lookonchain, a whale who opened an ETH long position ahead of the market rebound has now closed the position, realizing a profit of $8.93 million. Data shows the address established a 20,000 ETH long position (valued at approximately $48.4 million) on August 19 and held it for over 56 days. The position's unrealized gains peaked at $17 million during the holding period.
a certain whale/institution sold 237.8 BTC over the past day, exchanged it for 19.7 million USDC, and then bought 7,929 ETH. Over the past 4 days, this entity has cumulatively sold 1,312.1 BTC, exchanged it for 109.1 million USDC, and then bought 43,275 ETH.
Odaily reports: Bitwise analyst Ishmael Asad posted on X that Bitwise is currently working with over 20 wealth management platforms, which collectively manage approximately $24 trillion in assets. Bitwise is also pushing these platforms to approve crypto asset exchange-traded products (ETPs) so that their investment advisors can offer clients access to crypto asset allocation.Currently, among the institutions Bitwise works with, 17 have approved crypto-related equity ETPs, 11 have approved Bitcoin ETPs, 6 have approved Ethereum ETPs, 6 have approved top-10 crypto asset portfolio ETPs, and 2 have approved Solana ETPs, with 1 each approving a Bitcoin and gold combo ETP and an XRP ETP.Asad stated that since the first batch of spot crypto ETFs launched in January 2024, crypto ETPs have seen cumulative net inflows of approximately $77 billion. Currently, there are over 50 spot crypto ETPs in the U.S. market, and the number continues to grow, covering BTC, ETH, SOL, AVAX, LINK, XRP, ZEC, HYPE, crypto asset portfolios, and more. Additionally, wealth management institutions' interest in crypto assets continues to grow, with related demand extending from ETPs to crypto trading and custody, payments, and tokenization.
Odaily News: According to on-chain analyst Yu Jin's monitoring, a whale opened a long position of 20,000 ETH at $1,936 on August 19, and closed it today, 2 months later, at $2,421.6, making a profit of $8.93 million. Previously, on September 22, when ETH rose to $2,800, the whale's unrealized profit had reached $17.42 million.
according to on-chain analyst Ai Yi's monitoring, the "UBTC-to-ETH whale" continued to rotate BTC into 13,000 ETH over the past 24 hours, worth $32.59 million; since October 11, it has cumulatively rotated 39,800 ETH from BTC, with an amount exceeding $100 million.
According to Cointelegraph, Ethereum researcher Justin Drake warned that the rapid advancement of AI could accelerate mathematical attacks against the Elliptic Curve Digital Signature Algorithm (ECDSA), potentially breaking existing cryptographic systems within months under the worst-case scenario, and called on the industry to initiate "bunker mode"—transferring assets to new addresses with previously unexposed public keys to mitigate risk. Several industry insiders, however, expressed reservations. Coinbase Chief Cryptographer Yehuda Lindell stated there is currently "no evidence" that the mathematical assumptions underpinning ECDSA have been weakened; Trezor Bitcoin analyst Lucien Bourdon similarly noted that migrating assets could backfire and inadvertently create opportunities for scams. MetaMask founder Taylor Monahan was even more direct, asserting that if elliptic curve cryptography were truly compromised, "the entire world would go to zero," rendering bunker mode ineffective. Meanwhile, Ethereum has laid out a post-quantum roadmap based on hash-based signatures and ZK proofs, while public blockchains such as Solana and NEAR are also exploring their own quantum-safe alternatives, though concrete deployment timelines remain unset.
According to data from Trader T, US spot Ethereum ETFs recorded a net inflow of $24.84 million on October 13, ending a streak of 10 consecutive trading days of net outflows. Among them, Grayscale Ethereum Mini Trust (ETH) saw a net inflow of $16.73 million, while Fidelity FETH recorded a net inflow of $8.11 million. Meanwhile, net flows for other institutional ETFs such as BlackRock ETHA, Grayscale ETHE, and Bitwise ETHW were all $0 on the day.
According to on-chain analyst Yu Jin's monitoring, POAP (@poapxyz) founder @worthalter sold another 10,000 ETH 20 minutes ago, worth $25.05 million. Since the 5th, he has transferred a cumulative 18,000 ETH to the exchange Gemini over 9 days, worth $45.86 million. He currently still holds 41,500 ETH, worth $104 million.
According to Remnant monitoring, a certain whale or institution that has been consistently executing "sell BTC, buy ETH" trades once again converted 236.6 BTC into 19.71 million USDC over the past day, subsequently purchasing 7,845 ETH. Over the past three days, this address has cumulatively sold 1,074.3 BTC, converted them into 89.39 million USDC, and fully exchanged them for 35,346 ETH, resulting in an average ETH acquisition cost of $2,529.
Odaily News: According to on-chain analyst Yu Jin's monitoring, a certain whale/institution that conducted OTC trades through Galaxy Digital sold its final 10,000 ETH 5 hours ago, completing full liquidation. This entity bought and sold 52,000 ETH within two and a half months, earning a profit of $24.49 million: from July to September, it accumulated 52,000 ETH at an average price of $2,161; since the end of September, it has been liquidating at an average price of $2,632.
Odaily reports: According to on-chain analyst Aunt Ai's monitoring, Machi reduced positions twice today, realizing actual losses of $1.01 million and $12,000 respectively. Machi currently still holds a 25x long position on 7,150 ETH, with a position value of approximately $17.86 million, and a liquidation price of $2,472.78, leaving only $26.52 away from the liquidation price. On October 5, Machi was up $5.46 million in profit; now the account balance has only $562,000 remaining, with cumulative losses of $11.27 million over the past 7 days.
According to on-chain analyst PeckShield (@PeckShieldAlert), hackers illicitly minted 19 million $THEO tokens on the Base network, converted them into 700.8 ETH (approximately $1.76 million), and transferred the funds to the Ethereum network via a cross-chain bridge. As a result, the price of the $THEO token plummeted by 92% within 24 hours.
Odaily News: CoinShares noted in its latest biweekly market report that U.S. spot BTC ETFs saw net outflows of $679 million last week, including a single-day net outflow of $485 million on Wednesday, the largest single-day outflow since June; ETH ETFs saw net outflows of $542 million last week, with cumulative outflows of nearly $700 million over nine consecutive trading days. BTC briefly approached $87,000 on October 5, then fell back to around $80,300, before rebounding to around $83,500.The report shows that BTC's correlation with the Nasdaq index has rebounded to about 40%, its long-term average level, while its correlation with inflation-linked bonds continues to strengthen. CoinShares believes that U.S. CPI data to be released this week will be an important variable: if core CPI rises 0.3% month-over-month, it could reinforce market expectations for a Federal Reserve rate hike in October, putting BTC at risk of testing $80,000 again. (CoinShares)
According to Onchain Lens monitoring, a BlackRock ETF-linked wallet transferred $203 million worth of Bitcoin and Ethereum to Coinbase Prime in the past hour, including 860.393 BTC valued at $71.54 million and 52,488 ETH valued at $131 million.
According to Wintermute's weekly market update, Federal Reserve meeting minutes showed most officials expected another rate hike by year-end, with rate cuts unmentioned, while the US 10-year Treasury yield reached multi-decade highs. Consequently, BTC fell 3.2% this week to around the $83,000 level, ETH dropped 7.0%, and the S&P 500 index rose 1.2% to an all-time high. US spot BTC ETFs recorded weekly net outflows of approximately $679 million, marking the largest single-week outflow since June; ETH ETFs saw outflows of $542 million. CoinGlass data indicates roughly $1.19 billion in liquidations within 24 hours near Thursday's low, with long positions accounting for $1.06 billion. ETH faced additional pressure from news that researchers associated with the Ethereum Foundation advised users to migrate to new addresses. BTC's market share rose to approximately 59.5%, representing the most prominent internal signal of the week. Wintermute noted that amid the Fed's inclination toward rate hikes, yields are unlikely to retreat in the short term. Renewed optimism for crypto markets requires simultaneously meeting two conditions: "stabilization of long-end rates" and "spot ETFs resuming net inflows." It advised closely monitoring Wednesday's September CPI data and earnings reports from financial institutions and AI-related companies this week.
Odaily reports: According to on-chain analyst Aunt Ai's monitoring, a whale accumulated 5,147 ETH between August 12 and 13 at an average price of $1,886.7, and 5 hours ago transferred 5,170 ETH into Tornado Cash for batch "cleansing," worth $12.82 million; this portion of tokens currently has an unrealized profit of $3.056 million, and the purpose of the transfer is unknown.