News linked to both this project and an event.
Odaily reports: Cryptocurrency market liquidations exceeded $1.54 billion on Friday morning, with an attack on Binance triggering a market-wide sell-off. Long positions accounted for approximately $1.29 billion in liquidations, representing over 80% of the total. Binance stated that attackers stole approximately $6.3 billion, with the investigation pointing to a compromised laptop belonging to a DevOps engineer.Bitcoin briefly dropped to $76,320, with related liquidations approaching $500 million; Ethereum long liquidations exceeded $300 million. Bitcoin subsequently rebounded to $78,400 but remains down 2% over the past 24 hours and 5% below its price at the start of the month.Binance said partners have frozen approximately $3 billion of the stolen funds, and the company will draw on its Secure Asset Fund for Users (SAFU) and corporate reserves to cover remaining customer losses. Deposits and withdrawals remain suspended, and Binance has revoked authorizations for affected addresses while contacting law enforcement and blockchain intelligence partners to trace the funds. On-chain analyst ZachXBT linked the attack to the North Korea-affiliated threat group Tradertraitor. (Bitcoin.com News)
According to Onchain Lens, trader Long Loyalist deposited 4.9 million USDC into Hyperliquid about an hour ago and placed a buy order for 9,630 ETH, valued at approximately $20 million. The trader currently holds 4,860 ETH in long positions, worth around $10.94 million, with unrealized losses across 39 positions totaling $4.63 million, and cumulative historical losses reaching $4.29 million.
Odaily reports: Trader Killa posted that he is still holding a BTC long position with an entry price of $76,400. Although a previous 15% unrealized gain has now been largely given back, his original target was a 75% to 100% return, so his current trading plan remains unchanged.Killa revealed that in his 10x leverage long strategy, the aggressive re-entry position at $82,800 will be stopped out at $74,000; if BTC drops to $74,000, he will reassess the market and consider establishing another 10x leverage long position. BTC is currently about 13% below its all-time high, possibly nearing the last major low of this cycle, and he expects the drawdown will not reach 20%. He specifically noted that the Binance FUD coincides with the timing of the U.S. midterm elections, and believes the current market panic may be the last bottoming-out before BTC begins a new significant rally.Amid market pressure and continuous FUD news, investors should stay calm and avoid making emotional decisions based on news or short-term price fluctuations. He stated that he will continue to hold the long position until the target price is reached or the stop-loss is triggered.
Odaily Report: According to on-chain analyst Ai Yi's monitoring, after Google's stock price recorded the largest single-day drop in history, an address opened a 20x long position on GOOGL 40 minutes ago. It currently holds 50,000 shares, valued at $14.3 million, with an average entry price of $283.01 and current unrealized profit of $154,000.19 hours ago, this address closed a MU long position, earning a profit of $1.637 million, bringing the account's total profit to over $2.03 million.
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.
Odaily Report: According to monitoring by on-chain analyst Ember, a hacker who stole approximately $40 million in assets from UXLINK last year opened a long position of 30,300 ETH on Hyperliquid at a price of $2,134, with a position value of $70.25 million and current unrealized profit of $5.62 million. The funding source address for the ETH long position has a direct fund intersection with a known UXLINK hacker address: one month ago, both addresses consolidated their remaining ETH Gas to the same wallet on the same day. In early August, after consolidating 11.54 million USDC from multiple channels, the hacker began trading ETH on Hyperliquid, opening positions 6 times in total, with 5 profitable trades and total profits of $5.71 million.
Odaily reports: Trader Killa posted that he currently still holds Bitcoin long positions, including longs opened at $62,600 and $76,000, as well as a 10x leverage long position opened at $82,800. If BTC wicks down to $74,000, causing the 10x leverage long position to be liquidated, he plans to open another 10x leverage long position at the previously set invalidation level, but with a smaller position size, as he already has significant exposure in that price range.Killa added that if he were not already holding a large number of longs and spot positions, he would actively buy at current levels. He believes investors who are underallocated could consider gradually buying over the coming weeks, and stated he would rather enter early than miss out on a larger subsequent move.
CryptoQuant analyst Axel Adler Jr. stated that Bitcoin has consistently experienced net outflows from exchanges since September 22, with the current 30-day average net outflow at approximately 1,500 BTC per day, a significant drop from the roughly 3,000 BTC observed a week ago. However, this decline is primarily due to the large outflow data from September 22 falling out of the 30-day tracking window, rather than indicating a new large-scale influx of funds back to exchanges.
Odaily reports: JPMorgan Asset Management has for the first time incorporated Bitcoin into its long-term capital market assumptions, projecting an annualized return of approximately 10% for Bitcoin over the next decade, with the potential to outperform stocks, bonds, and gold. However, the forecast also assumes an annualized volatility of 55% for Bitcoin, more than three times that of U.S. large-cap stocks.JPMorgan believes that gradually improving regulatory frameworks and continued enhancements in market liquidity and price discovery mechanisms could further drive Bitcoin's acceptance in traditional financial markets. Looking ahead to the next decade, technological innovation in areas such as artificial intelligence, robotics, healthcare, and space, along with approximately $15 trillion in global capital expenditure growth, are also expected to drive economic growth and asset returns.Analysts noted that the correlation between Bitcoin and other assets is unstable, making it currently unsuitable as a diversification asset in balanced portfolios. As a result, the firm has not yet included it in its main portfolio models. If Bitcoin's volatility continues to decline and its correlation with other assets stabilizes in the future, its value for portfolio allocation could increase. (Bloomberg)
Odaily reports: Crypto analyst Darkfost published a post on X outlining the evolution of JPMorgan CEO Jamie Dimon's attitude toward Bitcoin in recent years.In 2017, Dimon called Bitcoin a "fraud"; in 2018, he expressed regret over those remarks and acknowledged the value of blockchain technology; from 2019 to 2020, he said Bitcoin "doesn't appeal to him"; in 2021, he called it "worthless"; in 2023, he said that if he had the power, he would ban Bitcoin and other cryptocurrencies; and in 2024, he likened Bitcoin to "pet rocks" and a Ponzi scheme.In 2025, Dimon still criticized Bitcoin for lacking value and being used for money laundering, but later stated that everyone has the right to buy Bitcoin. Now, JPMorgan in its 2027 outlook has listed Bitcoin as the asset with the best long-term return performance.Previously reported, JPMorgan Asset Management released its "2027 Long-Term Capital Market Assumptions" report on October 19, including Bitcoin in its long-term return projections for the first time and forecasting a compound annual growth rate of 10% over the next 10 to 15 years, higher than the 7.5% for U.S. large-cap stocks, 5.5% for gold, and 8.2% for U.S. real estate investment trusts (REITs).
Trader degentrading published an analysis noting that Papertrade (@papertrade_xyz) released an explanation regarding the transferability of the PAPER token. The statement indicates that Papertrade is a relatively complex primitive with higher risk management complexity, and the PAPER token is more deeply integrated into the protocol's economic model compared to tokens of most other protocols. The analyst pointed out that, relative to the previous supply model, newer users and miners will obtain a relatively larger share, diminishing the advantage of early mining participants. He believes this adjustment negatively impacts early participants but benefits the protocol's long-term development and organic users.
Hyperliquid trader address 0x30af closed a 1,355.6 BTC long position at an average price of approximately $80,945 on October 18, ending a position previously worth about $98 million with 40x leverage. On-chain data platform Lookonchain estimates the loss at $3.26 million.Subsequently, the address opened a Tesla long position worth $34.6 million on Hyperliquid's HIP-3 market, using 20x isolated leverage with an entry price of $360.23 and a liquidation price of approximately $350.74. Tesla is set to report its third-quarter earnings on October 21.The address also holds a $7.6 million Roundhill Memory ETF long position and a $3.9 million Direxion Daily Semiconductor Bull 3X Fund long position, with leverage of 20x and 10x respectively. Hyperdash data shows the address lost $9.53 million over the past week and $6.52 million over the past month. (Bitcoin.com News)
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.
Odaily report: According to monitoring by on-chain analyst Ember, a whale's BTC long position worth $110 million was not triggered by its market-price stop-loss. At 4 AM today, BTC dropped to a low of $80,684, still $184 away from the whale's $80,500 stop-loss price. At 5 AM, the whale closed the BTC long position at $80,949, incurring a loss of $3.26 million. Subsequently, the whale shifted to going long on $45.8 million worth of US stocks, including TSLA, DRAM, and SOXL.
Odaily News: On-chain analyst Murphy posted on X that during the recent BTC decline, the scale of BTC transfers to exchanges by short-term holders (STH) increased significantly, with an average of approximately 2,200 BTC transferred per hour within a 4-hour window, reaching the fourth-highest level since the market rally began in August this year. However, the transfer peak on October 15 was already lower than that of October 8, indicating that the potential selling pressure from short-term holders has somewhat weakened.In contrast, long-term holders (LTH) transferred only about 480 BTC per hour to exchanges during the same period, roughly one-fifth of that of short-term holders. Murphy noted that on October 8, long-term holders had a transfer peak of approximately 3,700 BTC per hour, which may have been partly related to asset transfers triggered by a hardware wallet security incident. However, considering that both long-term and short-term holders showed large-scale transfers on that day and BTC prices fell rapidly, actual selling pressure still existed in the market.Murphy believes that during the current decline, those transferring BTC to exchanges are primarily short-term holders, while long-term holders remain relatively stable overall, and the transfer intensity of short-term holders has weakened compared to before, reflecting that the BTC holder structure still possesses a certain degree of resilience.
Odaily reports: According to Odaily monitoring, an address currently holds approximately 1.38 million HYPE long positions, with a notional value of approximately $114.63 million and current unrealized profit of approximately $61.256 million. This position accounts for approximately 6.88% of HYPE contract open interest, with a denominator of approximately $1.667 billion in total market notional open interest. This is the first observation; no trades were found in existing records, and the position entry time cannot be determined based on this information. According to the official leaderboard, this address has a daily PnL loss of approximately $6.947 million and a weekly PnL loss of approximately $14.344 million, both ranking No. 1; the leaderboard data is not equivalent to self-calculated realized PnL.Address: 0x082e843a431aef031264dc232693dd710aedca88Contract: HYPECurrent Position: Long, notional value $114,630,100Current Unrealized PnL: $61,256,100Official Leaderboard Account PnL (Last 1 Day): -$6,946,700Official Leaderboard Account PnL (Last 7 Days): -$14,343,600Account Observed Contract Trades Realized PnL: $0.00 (excluding funding fees)Distance from Liquidation Price at Observation Time: 10.30% (not a liquidation prediction)
according to Lookonchain monitoring, a whale created 4 new wallets 4 months ago and began trading on Hyperliquid, completing 15 trades with almost all of them profitable, accumulating $29.75 million in profits. Today, the whale once again went long 24,000 ETH, with a position value of $60.7 million and current unrealized profit of $2.6 million.
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.
Odaily News: According to on-chain analyst Yu Jin's monitoring, NEAR has risen over 145% within a month. The largest NEAR long position held by trader @mk4_lul (0x773...5Bf66) on Hyperliquid currently has unrealized profits exceeding $20 million. The trader opened a long position of 5.76 million NEAR at an average price of $2.35 in September, and NEAR is currently priced at $5.85.
According to on-chain analyst Ai Yi (@ai9684xtpa), a new wallet opened a long position for STRK with 440,000 USDC on Hyperliquid yesterday morning. The STRK price subsequently climbed from $0.072 to $0.12, a gain of over 67%, yielding approximately $850,000 in unrealized profits for the address within a day. Back-calculating the position size indicates roughly $1.27 million with leverage under 3x, reflecting a trading style that leans toward calculated confidence rather than gambling.