News linked to this event type.
According to on-chain analyst Yu Jin's monitoring, the 3.75 million HYPE that the Hyperliquid development team HyperLabs address (0x43e9...a251) applied to unstake 7 days ago was successfully redeemed 2 minutes ago, worth $332 million.
Odaily News: According to Hunter Biden monitoring, Hunter Biden, son of former U.S. President Biden, posted the independent investigation results of the LAPTOP token launch incident, stating that he had commissioned forensic firm Groom Lake to verify all transactions on the day of launch. He denied that the team cashed out, saying that the founder tokens remain concentrated in the same wallet and have not been transferred since launch; his personal tokens have been locked for six months and will then be released over two years. He cited the investigation as saying that Market Maker 1 had $500,000 in startup capital, but only injected about $5,200 and fewer than 30,000 tokens into the liquidity pool, with the latter accounting for only 0.003% of the total supply. Extremely low liquidity caused the price to rise from $0.05 to about $317 in less than two minutes, then fall 98% within one hour. Eighty-four seconds after the price peaked, Market Maker 1 withdrew funds during the sell-off, reducing the funds available near the current price to absorb selling from $16,200 to zero. He said Market Maker 1 made about $686,000 in profit from its DEX position, while Market Maker 2 netted more than $2.1 million from related DEX trades, and argued that the market makers responsible for the launch problems should buy back and burn tokens. He said he bears ultimate responsibility, will not exit the project, and plans next week to burn most of the unclaimed tokens from the first airdrop; that airdrop accounted for 10% of the total supply.
Odaily reports: According to on-chain analyst Ember, the U.S. government address transferred out $103 million in assets in the early hours of this morning, and 15 minutes ago transferred another 750.2 WBTC worth $62.34 million to Coinbase Prime. Over the past 24 hours, the address has transferred out $165 million in assets, of which 1,583.8 BTC worth $134 million went into Coinbase Prime.
Crypto trader Killa posted on the X platform that Bitcoin once again failed to break above $87,000, and the 10x long position previously opened in anticipation of a breakout following a second test of the highs has been stopped out at breakeven. With the breakout failed and the price returning to the entry level, he is currently focusing on the $80,000 to $82,000 range, considering re-establishing a 10x long position.
according to on-chain analyst Ai Yi's monitoring, an address bought 1,470.94 ETH at $2,582 three hours ago, spending 3.803 million USDC.
According to on-chain analyst Ai Yi's monitoring, an address withdrew 3,583.2 ETH from Binance over the past 2 hours, worth $9.27 million, with an average withdrawal price of $2,587.32, and transferred all tokens to a new address through two intermediary transfers.
Odaily reports: Crypto wallet provider Tangem has announced the launch of its first physical Visa card, supporting in-store and online purchases as well as ATM withdrawals, with an initial limited release of 5,000 cards. Users can top up the card directly from their self-custodial wallet, and if the card is suspended or closed, funds can be transferred back to the wallet.More than 40% of Tangem Pay payments come from Latin America, and over 30% from the United States. Tangem stated that the physical card currently cannot be shipped to approximately 20 countries and regions, including China, Russia, North Korea, and Palestine, with these restrictions affected by KYC, sanctions, banking rules, and card issuance compliance requirements.Tangem Pay will also offer USDC cashback on eligible purchases, with 1% cashback for Basic users and 2% for Plus users. Tangem plans to showcase the first batch of physical cards during Token2049 in Singapore. (Cointelegraph)
Odaily reports: Multi-chain DEX Jumper has announced the JUMP token sale allocation plan. The sale received approximately $48.614 million in subscription commitments from 9,690 participants, exceeding the original $2 million target by 24 times, with a final accepted amount of $3 million.In the final allocation, $1.64 million, approximately 55% of the total sale, was allocated to community wallets, with weighting primarily determined by Jumper Loyalty Pass (JLP) tier and ranking, giving higher priority to long-term, deeply engaged users.The second-largest allocation category is strategic contributors, including angel investors, developers, traders, and content creators; an additional 5% was allocated to Republic participants. The waitlist category covers the top 500 participants, with rankings determined by a combination of Legion Score and referrals, with greater emphasis on Legion Score.Existing Jumper users can improve their priority through waitlist ranking, but different weightings do not stack—only the highest qualifying tier applies.
Odaily News: On October 7, Gate founder and CEO Dr. Han officially announced the launch of Gate Money during a keynote speech at TOKEN2049. Centered on the core concept of "One Gate, Everything Money," Gate Money leverages Gate's established diversified financial service capabilities to build a globally integrated financial services application, connecting digital assets, fiat currencies, stocks, ETFs, gold, bank accounts, payments, and asset management services into a single account, covering scenarios including asset holding, receiving funds, transfers, payments, exchanges, and yield. Users can experience Gate Money by updating the Gate App to version v8.39.0.Gate Money supports users in managing multiple fiat currencies and digital assets under a single account, and provides fiat and on-chain deposits, withdrawals, transfers, and other functions. Eligible users can also upgrade to obtain a bank account in their own name for receiving funds and withdrawals. Meanwhile, Gate Money supports using different types of assets in the account, including stocks, for daily payment and spending. Gate Card supports online and offline purchases using fiat currencies or digital assets, and can be linked to digital wallets such as Apple Pay and Google Pay. Convert supports asset exchanges, while Earn offers yield products, with balances in assets such as USDT able to earn up to 3.6% yield with no lock-up required.The launch of Gate Money further connects asset management, fund circulation, and daily payment scenarios, extending Gate's financial services from digital asset trading and asset management toward more fund and consumption needs. In the future, Gate will continue to expand asset categories, payment methods, and financial service capabilities, further enriching Gate Money's products and application scenarios.
According to Decrypt, Ledger announced at the TOKEN2049 conference in Singapore the launch of its self-custody lending feature, "Crypto Loan". Eligible users can borrow stablecoins USDC or USDT through their wallet application by using wrapped Bitcoin (cbBTC or wBTC) as collateral, without transferring funds to centralized lending platforms or selling the underlying assets.
Odaily News: According to on-chain analyst Yu Jin's monitoring, after depositing margin into 3 addresses, a certain whale/institution holds long positions worth $352 million on Hyperliquid, including 1,140 BTC and 98,100 ETH. These long positions were opened half a month ago, with an average entry price of $82,205 for the BTC long and $2,604 for the ETH long. Currently, this combined long position has generated a profit of $2.66 million.
CryptoQuant analyst Darkfost stated that after excluding Bitcoin (BTC) that has not moved in over 10 years, the proportion of the BTC supply in a profitable state has remained around 60% since August. The analysis notes that from a medium- to long-term perspective, most BTC in the market has returned to a profitable state and is far from overheated levels. Consolidation around this level is therefore a reasonable development.
According to on-chain analyst Yu Jin, two wallets likely belonging to the same whale or institution withdrew 110 million Lobster tokens today from KuCoin and Gate, worth $7.01 million, accounting for 11% of the total Lobster supply. Lobster is up over 40% today.
CryptoQuant analyst Axel Adler Jr. stated that Bitcoin dropped from $85,500 to $83,900 before making a slight recovery to $84,100. This decline was accompanied by dominance from active sell orders and the forced liquidation of long positions. Data shows that the Taker Order Pressure Oscillator fell to -4.9 before rebounding to -3.1, indicating easing active sell-side pressure while bearish dominance persisted. Meanwhile, the Liquidation Pressure Oscillator declined from -11 to -78, reflecting that long liquidations were in control. The analysis notes that if Bitcoin's price remains below $83,900 and both indicators stay significantly negative, the asset could face more persistent selling pressure risk.
According to Onchain Lens monitoring, a whale accumulated 1.148 million TRUMP from Gate and OKX one year ago, spending approximately $11.55 million, and has now transferred the entire holdings to a new wallet. The position is currently worth $2.16 million, with a loss of $9.39 million, representing a loss of 81.3%.
Odaily News: Solana tokenized silver project Dominion has announced its shutdown. The team stated that a September security incident led to a large amount of SILV being exploited and sold off, followed by a liquidity collapse, loss of operating capital, and damage to market structure. The capital required for rebuilding now exceeds the project's remaining resources. Dominion has allocated most of its remaining liquid funds to a refund plan, allowing eligible pre-attack SILV holders to exit at $63 per token. SILV was originally designed as a Solana token backed 1:1 by physical silver, with each token corresponding to 1 troy ounce of silver. On September 11, attackers gained control of its 3/5 multisig keys and dumped approximately 46,900 SILV into a DEX with thin liquidity. The notional value before the attack was approximately $3 million, but only about $238,000 was ultimately cashed out.
Odaily News: Jan van Eck stated that approving more nuclear power projects could simultaneously boost AI and Bitcoin: on one hand by enhancing AI value, and on the other by easing Bitcoin selling pressure through providing cheaper energy to miners. Bipartisan support for nuclear energy in the U.S. is strong, with the goal of quadrupling nuclear power output within 25 years, as evidenced by the accelerated restart of the Three Mile Island nuclear reactor. Matthew Sigel, Head of Digital Assets Research at VanEck, stated that miners hold long-term power contracts and infrastructure, possessing undervalued optionality value; if miners shift toward AI contract revenue, their pressure to sell Bitcoin will correspondingly decrease.
According to Santiment data, Bitcoin has just recorded its largest single-day net outflow from exchanges in nearly seven months. On Monday, a net 24,073 BTC flowed out of exchanges, marking the largest single-day outflow since March 1, with exchange-held BTC supply now down to approximately 6.50% of the total supply.
According to Arkham monitoring data, whale mtAAVEbank.ETH sold over 138,000 LINK worth $1.9 million six hours ago, while BTC had not yet dropped below $84,000. Analysis suggests the whale likely sold LINK to fund its 8x leveraged CRCL position on Hyperliquid, which recorded an unrealized loss of over $1.25 million at the time. The wallet currently retains over $21 million in digital assets, primarily stablecoins, with more than 10% of the funds borrowed from Aave.
According to Lookonchain monitoring, after ETH dropped below $2,600, a trader's 3,728 ETH long position (worth $9.85 million) was fully liquidated within 3 minutes.