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Holder is a web3 CRM and marketing automation platform that powers customer data for the tokenized world. It aims to help web3 businesses capture, understand, and engage with their communities.
Grayscale Announces Crypto Asset Yield Rankings: HYPE Holders Lead in Yield, CAKE Ranks Highest in Adjusted Earnings Yield
According to BeInCrypto, Grayscale released a crypto asset valuation ranking evaluated based on two metrics: "Token Holder Yield" and "Adjusted Earnings Yield". HYPE topped holder yields at 8.0%, with Lighter (LIT) following closely at 7.9%, and PancakeSwap (CAKE) ranking third at 2.6%, followed sequentially by AERO, UNI, RAY, PENDLE, AAVE, JUP, and CRV. In terms of adjusted earnings yield, CAKE led at 14.4%, with LIT at 14.1% and HYPE at 9.8%, followed sequentially by RAY, AAVE, JUP, SKY, UNI, AERO, and PENDLE. The report showed that five assets on the list had negative holder yields, including AAVE, JUP, and CRV, with CRV at -5.5% and JUP at -2.6%. Grayscale calculates holder yield as staking rewards plus buybacks minus new token issuance, so holders face dilution when new issuance exceeds total yields. While JUP's adjusted earnings yield stands at 3.5%, its holder yield remains negative.
Paradigm Co-founder: Zcash Developer Fund Is Crucial, Pure Coin-Holder Voting May Undermine Long-Term Trust
Paradigm co-founder Matt Huang posted on the X platform outlining some views on Zcash. He stated that blockchain ecosystems generally face the challenge of long-term funding sources, especially for public goods financing, and that funding developer funds through an inflation mechanism is a viable approach. He believes that amid the backdrop of AI-enhanced cyberattack capabilities and the rapid development of quantum technology, the Zcash developer fund remains highly significant.Matt Huang also stated that as Zcash gains greater acceptance and adoption as a privacy supplement to Bitcoin, governance relying purely on coin-holder voting may introduce unpredictability and affect its ability to build long-term trust as a monetary asset. Therefore, Zcash is better suited to combining coin-holder voting with other governance approaches. Matt Huang also disclosed that Paradigm is an investor in ZEC and ZODL.In the early hours of today, ZEC briefly broke above $1,385, setting a new all-time high.
Bitcoin long-term holders undergo rare position reduction as over 130,000 BTC shifts within two days, sparking safe-haven speculation
Odaily News Crypto analyst Murphy stated on X that on-chain data reveals a rare large-scale movement of coins by Bitcoin long-term holders (LTH) recently. Over the past two days, more than 65,000 BTC have moved on-chain each day (excluding internal transfers within the same entity), leading to a notable decline in LTH net positions.Data shows that LTH net positions had begun to deviate from their previous continuous growth trend since May this year, entering a plateau in July, with the recent large-scale transfers being relatively uncommon over the past year. Among these, approximately 14,000 BTC flowed into exchanges. Some of the funds include a transaction where a company under Trump's umbrella transferred 2,628 BTC to Crypto.com.Currently, aside from the portion flowing into exchanges, the destination and purpose of the remaining coins reduced by long-term holders remain unclear. Murphy stated that potential risks currently affecting the BTC market include: 1) Shifts in Fed monetary policy and rising rate hike expectations; 2) Inflationary pressure from Middle East tensions and oil price changes; 3) Valuation concentration in the AI sector and financing risks behind high capital expenditures; 4) Re-crowding of yen carry trade positions.
Suspects in Multiple French Cryptocurrency Holder Kidnappings Shot Dead After Release
According to Cryptoast, suspect F.A., alleged to have been involved in multiple kidnapping and violent assault cases targeting cryptocurrency holders, was fatally shot inside a vehicle at a parking lot in Nîmes, France, on October 11. The 47-year-old suspect had a record of 14 prior convictions, spanning drug offenses, violent assaults, and unlawful detention. He was previously indicted in 2024 on suspicion of theft, kidnapping, organized crime affiliation, and torture after a Dubai resident was lured to Paris and robbed of €130,000 and luxury watches. He had previously been released from custody due to procedural irregularities. Local prosecutors are currently investigating the shooting as a suspected gangland hit, with those responsible still at large.
Bitcoin long-term holders undergo rare position reduction as over 130,000 BTC shifts within two days, sparking safe-haven speculation
Odaily News Crypto analyst Murphy stated on X that on-chain data reveals a rare large-scale movement of coins by Bitcoin long-term holders (LTH) recently. Over the past two days, more than 65,000 BTC have moved on-chain each day (excluding internal transfers within the same entity), leading to a notable decline in LTH net positions.Data shows that LTH net positions had begun to deviate from their previous continuous growth trend since May this year, entering a plateau in July, with the recent large-scale transfers being relatively uncommon over the past year. Among these, approximately 14,000 BTC flowed into exchanges. Some of the funds include a transaction where a company under Trump's umbrella transferred 2,628 BTC to Crypto.com.Currently, aside from the portion flowing into exchanges, the destination and purpose of the remaining coins reduced by long-term holders remain unclear. Murphy stated that potential risks currently affecting the BTC market include: 1) Shifts in Fed monetary policy and rising rate hike expectations; 2) Inflationary pressure from Middle East tensions and oil price changes; 3) Valuation concentration in the AI sector and financing risks behind high capital expenditures; 4) Re-crowding of yen carry trade positions.
Analysts: Bitcoin Long-Term Holder indicators have not yet sent signals, and the market may still be in the early stages of an uptrend cycle.
Analyst Crypto Dan noted that historically, when the on-chain share of Bitcoin held for over 18 months rises and then begins to decline, it has typically been followed by a strong rally. He believes the market has already entered a bullish cycle but remains in its early stages, with the aforementioned signal yet to emerge. Additionally, the crypto market has not yet become overheated, as most investors are maintaining a wait-and-see stance, suggesting that the true uptrend may not have started just yet.
Arkham: Justin Sun-Linked Wallet Holds Nearly 3% of PEPE, Likely Now the Largest Individual Holder
according to Arkham monitoring, based on its identified official wallet associated with Justin Sun, Justin Sun currently holds nearly 3% of the PEPE token supply, worth approximately $51.25 million, and appears to have become the largest individual holder of PEPE. The relevant PEPE tokens were transferred into his wallet over the past 10 days, withdrawn in two transactions from Poloniex on October 17 and 26, totaling 11.85 trillion tokens, valued at $48.76 million at the time of withdrawal, with current unrealized gains exceeding $2 million. This may have made him the largest individual holder of PEPE.
Analysts: Long-term holders have sold 345,000 BTC since late July, but recent sell-off frequency has slowed.
Analyst Axel Adler Jr. noted that since July 30, the long-term holder supply of Bitcoin has fallen from 16.41 million to 16.06 million, a cumulative decrease of 345,000 BTC, or roughly 2%. Over the past week, holdings dropped by 9,000, but increased by 40,000 in the most recent three days. The Long-Term Holder Spending Frequency indicator shows that between October 6 and 10, it reached 13 days out of the past 15 with declining holdings, marking a near-one-year high; as of October 19, this figure had receded to 10 days. At the current BTC price of approximately $82,800, the long-term holders' average cost basis stands at around $48,600, yielding an overall unrealized gain of roughly 70%. Adler suggests that if the number of days with declining holdings over the past 15 days drops further to around 7, the long-term holders' spending frequency would noticeably decrease.
Not a Sell-Off: Ethena Large Holder's Token Transfer Is a Hardware Wallet Security Precaution
Odaily News: According to monitoring by Guy Young, over the past 48 hours, users noticed that a large investor's wallet was moving tokens. Ethena founder and CEO Guy Young stated that the transfers in question are security precautions related to recent hardware wallet concerns, and do not represent tokens being sold after transfer, nor do they indicate that the investor is dumping their holdings.
Analyst: Bitcoin Long-Term Holder SOPR Rises to 1.25, Return to Profitability May Signal Positive Momentum
Odaily News — Crypto analyst Darkfost stated that Bitcoin's Long-Term Holder (LTH) SOPR (Spent Output Profit Ratio) has climbed back above its annual average of 1.10 and continues to hold above that level.Data shows that long-term holders have realized an average return of approximately 10% over the past year. Currently, the weekly average LTH SOPR stands at 1.25, and the monthly average at 1.16, both above the annual average, indicating that long-term holders are returning to a profitable state.Darkfost noted that a similar situation also appeared at the end of the previous bear market, when the return of profits for long-term holders became one of the signals of improving market conditions. He believes that the emergence of moderate profits in the market is generally a positive factor, helping to raise investors' expectations for future market conditions.
Trader Killa: BTC Short-Term Holder Supply Overheating May Signal Market Bottom Formation
Odaily News: Trader Killa stated on X platform that Bitcoin short-term holder (STH) supply recently reached "overheated" levels, a situation similar to the price action in 2023 after the market broke away from the macro bottom, potentially serving as another signal of market bottom formation.Killa pointed out that after Bitcoin short-term holder supply reached similar highs in 2023, BTC price continued to rise and maintained an uptrend in higher timeframe (HTF) trends. The current market structure is quite similar to previous cycles, and investors should not overly rely on the Fear and Greed Index to judge market direction. Killa stated that market sentiment may remain irrational for extended periods, and short-term sentiment indicators do not necessarily reflect long-term trends.
Zcash to Posthumously Award $1.5 Million Bounty to Orchard Vulnerability Researcher
Voting results for the Zcash Q3 Token Holder Targeted Retroactive Funding Program indicate that both bounty proposals for Taylor Hornby, discoverer of the Orchard counterfeit coin vulnerability, have been approved. The awards include a $750,000 vulnerability bounty requested by himself, along with an additional $750,000 bonus nominated by community members, totaling $1.5 million. In accordance with regulations, recipients are required to complete subsequent steps including identity verification (KYC) and fund disbursement.
Paradigm Co-founder: Zcash Developer Fund Is Crucial, Pure Coin-Holder Voting May Undermine Long-Term Trust
Paradigm co-founder Matt Huang posted on the X platform outlining some views on Zcash. He stated that blockchain ecosystems generally face the challenge of long-term funding sources, especially for public goods financing, and that funding developer funds through an inflation mechanism is a viable approach. He believes that amid the backdrop of AI-enhanced cyberattack capabilities and the rapid development of quantum technology, the Zcash developer fund remains highly significant.Matt Huang also stated that as Zcash gains greater acceptance and adoption as a privacy supplement to Bitcoin, governance relying purely on coin-holder voting may introduce unpredictability and affect its ability to build long-term trust as a monetary asset. Therefore, Zcash is better suited to combining coin-holder voting with other governance approaches. Matt Huang also disclosed that Paradigm is an investor in ZEC and ZODL.In the early hours of today, ZEC briefly broke above $1,385, setting a new all-time high.
Grayscale Announces Crypto Asset Yield Rankings: HYPE Holders Lead in Yield, CAKE Ranks Highest in Adjusted Earnings Yield
According to BeInCrypto, Grayscale released a crypto asset valuation ranking evaluated based on two metrics: "Token Holder Yield" and "Adjusted Earnings Yield". HYPE topped holder yields at 8.0%, with Lighter (LIT) following closely at 7.9%, and PancakeSwap (CAKE) ranking third at 2.6%, followed sequentially by AERO, UNI, RAY, PENDLE, AAVE, JUP, and CRV. In terms of adjusted earnings yield, CAKE led at 14.4%, with LIT at 14.1% and HYPE at 9.8%, followed sequentially by RAY, AAVE, JUP, SKY, UNI, AERO, and PENDLE. The report showed that five assets on the list had negative holder yields, including AAVE, JUP, and CRV, with CRV at -5.5% and JUP at -2.6%. Grayscale calculates holder yield as staking rewards plus buybacks minus new token issuance, so holders face dilution when new issuance exceeds total yields. While JUP's adjusted earnings yield stands at 3.5%, its holder yield remains negative.
Sui Foundation to Invest $30 Million in DATA Network, Becoming Its Largest Institutional Holder
Sui Foundation and DATA Foundation announced on October 12 that Sui Foundation will invest $30 million in DATA Network (formerly Story) and become the largest institutional holder of the network. DATA Network will upgrade to a protocol natively running on Sui, and the existing independent chain will be retired after the upgrade is completed; DATA tokens will be migrated at a 1:1 ratio, with holders' economic rights and governance rights maintained at least at current levels, and the arrangements for locked and vesting tokens remaining unchanged. Walrus will become the default storage layer for applications under DATA Foundation, and the Trace registry system will be integrated into the Sui ecosystem. Before the upgrade is completed, DATA Network will continue to operate, and the detailed timeline and holder transition plan will be announced prior to the upgrade.
Pump.fun Launches Rocket Lab Trading Pair, Tokens Can Be Paired with RKLB and Enable Holder Rewards
Odaily News: Pump.fun has announced the launch of the Rocket Lab trading pair. New tokens can now be paired with Rocket Lab's stock token RKLB, with the related functionality powered by Sunrise. In addition, the Holder Rewards feature can be enabled, allowing token holders to earn RKLB rewards.
Quantum Solutions Sells Another 1,000 ETH, Loses Position as Japan's Largest Corporate ETH Holder
Japanese listed company Quantum Solutions has sold another 1,000 Ethereum, cashing out approximately $1.9 million to support its AI data center expansion. Following this sale, the company has reduced its ETH holdings by nearly 30% since mid-June.According to company documents, Quantum Solutions' subsidiary, GPT Pals Studio, sold this batch of ETH on Thursday at an average price of $1,903. The company expects to record a loss of approximately $100,000 from this transaction. After the sale, Quantum Solutions' remaining ETH holdings amount to approximately 4,765, which is lower than the 4,976 ETH held by Def consulting, thereby losing its position as the largest corporate ETH holder among Japanese listed companies.Quantum Solutions has sold a total of 1,904 ETH in less than two months, accounting for approximately 28.6% of its pre-sale holdings of 6,668.8 ETH. Previously, GPT Pals had sold 904 ETH on June 16, cashing out about $1.6 million.The company acquired the majority of its ETH during the crypto market highs of the fourth quarter of 2025, when ETH prices were in the range of approximately $4,000 to $4,500.
Cardano Enters Community Governance Era: Van Rossem Hard Fork Decided by Token Holder Vote
Odaily Odaily News The Cardano network completed the Van Rossem hard fork upgrade on July 18, upgrading the mainnet protocol version to 11 (Protocol Version 11). This upgrade not only brings smart contract performance optimizations but also marks the first time Cardano has completed a protocol upgrade led by its community governance system, rather than being directly driven by the founding team.Previously, Cardano hard forks were mainly coordinated by core organizations such as the engineering firm Input Output (IOG), which is responsible for development. In contrast, the Van Rossem upgrade was fully facilitated through Cardano's on-chain governance system for proposal, discussion, and voting, becoming the first major upgrade autonomously approved by network participants since Cardano entered the Voltaire governance era.According to on-chain data, the Cardano mainnet upgraded from version 10 in epoch 643 to version 11 in epoch 644, officially activating on July 18 at 21:44 UTC. The upgrade received final approval on July 13, requiring consensus from the representative bodies, the Constitutional Committee, and stake pool operators.Among them, DReps (Delegated Representatives), who vote on behalf of ADA holders in governance, approved the proposal with a 78.97% support rate, exceeding the 60% requirement; all seven members of the Cardano Constitutional Committee confirmed the upgrade complies with constitutional requirements; and stake pool operators, responsible for running the network's infrastructure, approved the upgrade with a 53.02% support rate.The Van Rossem upgrade primarily includes technical improvements such as optimizing the Plutus smart contract platform, reducing smart contract execution costs, and enhancing ledger validation rules. This upgrade also paves the way for the future Dijkstra-era hard fork and the Ouroboros Leios scaling solution.Ouroboros Leios aims to enhance the processing capacity of Cardano’s proof-of-stake consensus mechanism. It is expected to launch in 2026, potentially significantly increasing the network's transaction throughput while maintaining security.For ordinary ADA users, this upgrade does not bring significant operational changes; wallets do not need updating, and transfer methods and fees remain the same. However, in the long run, Plutus optimizations could lower the operational costs of decentralized applications (DeFi, NFTs, etc.), providing lower-cost infrastructure for ecosystem development.Cardano stated that the greatest significance of Van Rossem is not merely the technical upgrade, but the shift in governance model—the future direction of the network will be determined by community votes, rather than being entirely controlled by the founding team. This means ADA holders now truly possess governance rights to participate in protocol evolution for the first time. (CoinDesk)
Solana Q2 Token Holder Report: Tokenized Asset Trading Volume Surges to $5.8 Billion
Blockworks' Solana Q2 2026 Token Holder Report indicates that the scale of on-chain tokenized asset trading reached a new high this quarter, hitting $5.8 billion, a 114% increase quarter-over-quarter. Among this, tokenized stock trading accounted for $4.8 billion, representing 97% of the entire network's tokenized equity trading volume, with institutional demand for RWA becoming the core growth driver.Dragged down by the ebbing tide of the meme coin market, Solana's real economic revenue decreased by 43% quarter-over-quarter to $51 million, and DEX spot trading volume fell back to $160.8 billion. However, the funding side remained robust, with SOL spot ETPs seeing a net inflow of $120 million and total staked amount reaching 427 million SOL, accounting for two-thirds of the total supply. Going forward, Solana will implement the Alpenglow upgrade and related SIMD proposals to adjust inflation and token burning rules, enhancing SOL's value capture capabilities.
Related news
Analysts: Bitcoin Long-Term Holder indicators have not yet sent signals, and the market may still be in the early stages of an uptrend cycle.
Analyst Crypto Dan noted that historically, when the on-chain share of Bitcoin held for over 18 months rises and then begins to decline, it has typically been followed by a strong rally. He believes the market has already entered a bullish cycle but remains in its early stages, with the aforementioned signal yet to emerge. Additionally, the crypto market has not yet become overheated, as most investors are maintaining a wait-and-see stance, suggesting that the true uptrend may not have started just yet.
Arkham: Justin Sun-Linked Wallet Holds Nearly 3% of PEPE, Likely Now the Largest Individual Holder
according to Arkham monitoring, based on its identified official wallet associated with Justin Sun, Justin Sun currently holds nearly 3% of the PEPE token supply, worth approximately $51.25 million, and appears to have become the largest individual holder of PEPE. The relevant PEPE tokens were transferred into his wallet over the past 10 days, withdrawn in two transactions from Poloniex on October 17 and 26, totaling 11.85 trillion tokens, valued at $48.76 million at the time of withdrawal, with current unrealized gains exceeding $2 million. This may have made him the largest individual holder of PEPE.
Grayscale Announces Crypto Asset Yield Rankings: HYPE Holders Lead in Yield, CAKE Ranks Highest in Adjusted Earnings Yield
According to BeInCrypto, Grayscale released a crypto asset valuation ranking evaluated based on two metrics: "Token Holder Yield" and "Adjusted Earnings Yield". HYPE topped holder yields at 8.0%, with Lighter (LIT) following closely at 7.9%, and PancakeSwap (CAKE) ranking third at 2.6%, followed sequentially by AERO, UNI, RAY, PENDLE, AAVE, JUP, and CRV. In terms of adjusted earnings yield, CAKE led at 14.4%, with LIT at 14.1% and HYPE at 9.8%, followed sequentially by RAY, AAVE, JUP, SKY, UNI, AERO, and PENDLE. The report showed that five assets on the list had negative holder yields, including AAVE, JUP, and CRV, with CRV at -5.5% and JUP at -2.6%. Grayscale calculates holder yield as staking rewards plus buybacks minus new token issuance, so holders face dilution when new issuance exceeds total yields. While JUP's adjusted earnings yield stands at 3.5%, its holder yield remains negative.
Grayscale Publishes Two Cryptocurrency Asset Return Metric Rankings; HYPE, LIT, and CAKE All Rank at the Top of Both Lists
Grayscale published a crypto asset valuation analysis listing the top 10 tokens by "Token Holder Yield" and "Adjusted Earnings Yield", respectively. The top 10 by Token Holder Yield are HYPE, LIT, CAKE, AERO, UNI, RAY, PENDLE, AAVE, JUP, CRV; the top 10 by Adjusted Earnings Yield are CAKE, LIT, HYPE, RAY, AAVE, JUP, SKY, UNI, AERO, PENDLE.
Sui Foundation to Invest $30 Million in DATA Network, Becoming Its Largest Institutional Holder
Sui Foundation and DATA Foundation announced on October 12 that Sui Foundation will invest $30 million in DATA Network (formerly Story) and become the largest institutional holder of the network. DATA Network will upgrade to a protocol natively running on Sui, and the existing independent chain will be retired after the upgrade is completed; DATA tokens will be migrated at a 1:1 ratio, with holders' economic rights and governance rights maintained at least at current levels, and the arrangements for locked and vesting tokens remaining unchanged. Walrus will become the default storage layer for applications under DATA Foundation, and the Trace registry system will be integrated into the Sui ecosystem. Before the upgrade is completed, DATA Network will continue to operate, and the detailed timeline and holder transition plan will be announced prior to the upgrade.
Analysts: Long-term holders have sold 345,000 BTC since late July, but recent sell-off frequency has slowed.
Analyst Axel Adler Jr. noted that since July 30, the long-term holder supply of Bitcoin has fallen from 16.41 million to 16.06 million, a cumulative decrease of 345,000 BTC, or roughly 2%. Over the past week, holdings dropped by 9,000, but increased by 40,000 in the most recent three days. The Long-Term Holder Spending Frequency indicator shows that between October 6 and 10, it reached 13 days out of the past 15 with declining holdings, marking a near-one-year high; as of October 19, this figure had receded to 10 days. At the current BTC price of approximately $82,800, the long-term holders' average cost basis stands at around $48,600, yielding an overall unrealized gain of roughly 70%. Adler suggests that if the number of days with declining holdings over the past 15 days drops further to around 7, the long-term holders' spending frequency would noticeably decrease.