News linked to this event type.
Luca Netz removed the Abstract badge from his X account, and core developer Cygaar was linked to transferring funds from an associated wallet. The project team has not responded as of yet.
Odaily Report: Renowned trader Doctor Profit posted on X platform stating that due to the current excessive leverage in the altcoin market, altcoin spot trading volume has now reached 4 times that of Bitcoin, indicating an overheated market condition. As a result, he chose to take profits and exit his altcoin positions. His ONDO holdings were sold at a 73% profit, while he also exited HBAR and XRP with minor gains. At this stage, he has no intention of buying altcoins in the current environment and expects the market to be on the verge of a correction.Doctor Profit previously predicted a rise to $88,000 when Bitcoin's price dropped to $60,000. Now after the rally, he expects Bitcoin may pull back to $79,000. He revealed that he had already shorted BTC at the $86,200 level and set additional short orders in the $86,500 to $89,500 range. Meanwhile, his BTC positions as well as his ETH, CRCL, and COIN positions in the "Galactic Three" portfolio remain unchanged.
macro analyst Jordi Visser has stated that AI agents will be the next catalyst for Bitcoin. According to Jordi Visser, AI agents can serve as a bridge to help traditional institutions allocate their $900 trillion in assets into Bitcoin and cryptocurrencies; he is currently focusing on AI and cryptocurrency. (Bitcoin Treasuries)
Citi believes that the recovery of cryptocurrency market activity, an improved macroeconomic environment, and the resumption of ETF inflows will provide support, and expects $5 billion to flow into the crypto market over the next 12 months.
Odaily reports: Crypto analyst Ali posted on X platform that during the past week of overall sideways trading in the crypto market, whale holdings across different assets showed notable divergence.Data shows that Bitcoin whale holdings decreased by approximately 30,000 BTC, worth about $2.52 billion, indicating that large holders are reducing their Bitcoin exposure. In contrast, Ethereum whales increased their holdings by approximately 60,000 ETH during the same period, worth about $162 million; while XRP whale holdings remained largely stable, with total holdings staying around 3.9 billion XRP over the past week, showing no significant changes.Ali's analysis points out that the market is currently exhibiting a divergent pattern of "Bitcoin whales reducing holdings, Ethereum whales buying, and XRP whales staying on the sidelines," and these related changes are worth watching.
The fund previously dumped 172,500 ETH for a profit of $124 million, and an associated address subsequently withdrew 3.125 million UNI tokens from a CEX at an average price of approximately $7.7.
On-chain data shows that address 0xE1A…c1691 has once again built a position of 5,000 ETH, valued at approximately $13.43 million. Previously in March, this address conducted swing trades of 6,899 ETH, ultimately incurring a loss of $195,000.
On-chain data shows that an early whale who participated in the 2015 Ethereum ICO and purchased 560,000 ETH has transferred 133,298 ETH to a new address, valued at approximately $356 million.
On-chain data shows that a whale first deposited 5.97 million USDC into Kraken, followed by the withdrawal of 39,018 AAVE tokens, worth approximately $6.2 million.
According to on-chain visualization platform Bubblemaps (@bubblemaps), the developer wallet 9pkJqJ sniped 32% of the $SI token supply during the project's early stages using side wallets (20% self-minted plus an additional 12% acquired from eight other wallets), before dumping the entire allocation for just $24,000. The $SI token previously attracted market attention after Donald Trump publicly advocated renaming artificial intelligence to "Super Intelligence" and using the ticker "SI", triggering a sharp price surge. At current prices, the developer's holdings would be valued at $15 million, resulting in a massive missed-opportunity loss from the premature sell-off.
Odaily News — According to monitoring by the Drift Foundation, the Drift Foundation has released an update on fund recovery progress related to the April 1 security incident: approximately $295 million in user assets were stolen. The foundation has engaged Mandiant, zeroShadow, and SEAL 911 to conduct the investigation and trace the funds, with Mandiant identifying the attacker as the North Korean threat group UNC6862.The stolen funds were subsequently bridged to Ethereum, with approximately 130,300 ETH distributed across 4 wallets. Three of these wallets have seen no transfers to date, collectively holding 107,200 ETH; the other wallet transferred approximately 23,100 ETH to Tornado Cash on July 23.Currently, approximately $9.2 million in stolen funds has been frozen. The relevant funds had previously been transferred through Tornado Cash in August, and unfreezing and return still require cooperation with legal procedures. The Drift Foundation will transfer all assets recovered through freezing, bounties, or law enforcement channels into the DFX recovery pool, and is evaluating the subsequent path of the DRIFT token within the broader ecosystem. In addition, the foundation has partnered with Bybit to launch a public bounty program, offering a 10% bounty on successfully recovered funds.
According to CoinShares' latest biweekly report, global digital asset investment products recorded net inflows of approximately $3.5 billion last week, marking a sharp rebound compared to the sluggish performance of the previous two weeks. Spot Bitcoin ETF inflows reached approximately $2.38 billion for the week, and Ethereum ETF inflows totaled $690 million. Both maintained positive net inflows for five consecutive trading days, with Monday's inflows slowing to $31 million and $17 million, respectively. On the 23rd, the HYPE token briefly touched a new high of $99 before retracing to around $88 amid a weaker broader market.
: According to Onchain Lens monitoring, a whale holds $41 million worth of LIT and HYPE long positions on Hyperliquid, with $9.25 million in unrealized gains. Among them, a long position of 4.9 million LIT tokens was opened 78 days ago, with $6.46 million in unrealized gains; a long position of 200,000 HYPE tokens was opened 418 days ago, with $2.73 million in unrealized gains. This address has accumulated a total profit of $8.68 million.
B.AI has announced native support for WalletConnect, allowing users to effortlessly connect compatible mobile wallet apps and log into B.AI with a single click while quickly topping up their accounts; when using the B.AI app, connection is established simply by scanning a QR code. This upgrade further bridges AI access with Web3 wallets, identity, and payment capabilities, enabling users to connect to globally leading AI models via decentralized identities and enjoy a safer, more efficient intelligent creative experience. Log in to chat.b.ai/chat now to try it out.
Odaily News: Nasdaq-listed company Lion Group Holding (NASDAQ: LGHL) announced an adjustment to its digital asset reserves, selling its entire SOL position and part of its BTC holdings on September 29, and using the proceeds to purchase an additional approximately 38,102 HYPE.Following this adjustment, Lion Group holds approximately 232,900 HYPE, valued at approximately $20.1 million. The company stated that this transaction did not involve selling its existing HYPE holdings, and its digital asset reserves are further concentrating toward HYPE. (The Wall Street Journal)
According to on-chain analytics platform Lookonchain (@lookonchain), well-known on-chain trader Bonk Guy (@theunipcs) purchased 19 million $SI tokens for $168,000, and their current value has risen to $1.2 million, yielding an unrealized profit of over $1 million and a return of approximately 6x.
Odaily News — Bloomberg ETF analyst Eric Balchunas posted on X that Bloomberg Terminal today launched a stablecoin feature called RWAS, with on-chain data support provided by Allium. The feature covers more than 70 stablecoins across multiple blockchain networks, accounting for approximately 98% of the stablecoin market, and updates hourly with tracking of supply, minting and burning, transfers, and velocity.
Crypto analyst AI stated in a post that Cardano (ADA) futures demand is cooling, with open interest declining by 9% over the past week from $1.99 billion to $1.81 billion, indicating traders are reducing leveraged exposure. Meanwhile, whales also appear to be taking profits, having reduced their holdings by approximately 90 million ADA valued at roughly $22.5 million since September 20, further adding to recent selling pressure. AI further noted that the ADA daily chart generated a sell signal on September 26, followed by a 10% drop, suggesting the pullback may not be over yet. A parallel channel on the daily chart shows that $0.24 is a key mid-level support level; if breached, ADA could slide further toward the channel's lower boundary at approximately $0.21. If $0.21 holds, it could present the next buying opportunity, with upside targets looking toward the channel's upper boundary at around $0.28.
Odaily News: Latest data shows that the 7-day cumulative number of altcoin deposit transactions on trading platforms rose to 78,000 on September 28, an increase of approximately 160% from about 29,800 on September 14, marking the highest level since October 2025. During the same period, the number of addresses depositing altcoins to trading platforms increased from about 17,600 to 51,600, nearly tripling and also hitting a new one-year high. Relevant data shows that this round of growth in trading platform inflows involved a relatively broad range of assets. Holders transferring tokens to trading platforms usually means they are preparing to sell, which may signal potential selling pressure. At the same time, altcoins have recently shown relative strength against Bitcoin; Bitcoin's market dominance has been fluctuating between 58% and 60.4% since May 27 and currently remains below 60%; crypto assets outside the top 10 by market cap accounted for 9% of total market capitalization on September 27, the highest level since February this year.
Odaily reports: A wallet linked to the $387.5 million Bitget exploit transferred 2,746 ZEC into Zcash's Ironwood privacy pool on Wednesday across three transactions, worth approximately $3.9 million.The funds account for roughly 15% of the ZEC stolen on September 24. The Ironwood privacy pool can conceal the sender, recipient, and transfer amount, but investigators may still be able to trace the path of funds returning to public addresses through transaction timing and amounts. (CoinDesk)