According to on-chain analyst Ai Yi's monitoring, Richard Heart (founder of HEX and PulseChain) transferred another 115,580 ETH to a new address 15 minutes ago and began transferring it to Tornado Cash in batches. Currently, the receiving address has transferred 7,300 ETH, worth US$29.56 million.

Momentum Finance, the Sui ecosystem's decentralized exchange (DEX) and liquidity hub, has achieved a platform record on Buildpad: over 270,000 KYC-verified users subscribed to its $MMT community sale. This represents a 40% increase compared to the previous high-profile project, Falcon Finance, which had 190,617 participants, setting a new platform record for participation. Momentum Finance has announced that all submissions will be subject to detailed review to filter out bots and Sybil accounts to ensure fair participation. The contribution period will begin tomorrow, October 27th, at 6:00 PM Beijing Time.

BitMine Chairman Tom Lee wrote on the X platform that ETH is still in a super cycle. Most of the time, prices will "lead" fundamentals, but sometimes fundamentals lead prices, such as the surge in demand for stablecoins and Ethereum transaction volume hitting a record high.

According to on-chain analyst Ai Yi's monitoring, the three-day floating profit of the whale with a 100% winning rate has exceeded 10 million US dollars, and the current value of its long positions has exceeded 300 million US dollars.

From October 25th to 26th, local time, China and the United States held economic and trade consultations in Kuala Lumpur. After the consultations, Li Chenggang, China's International Trade Representative and Vice Minister of Commerce, told Chinese and foreign media that the two sides reached a preliminary consensus on properly resolving several important economic and trade issues of mutual concern, and the next step will be to complete their respective domestic approval procedures. "Over the past month or so, China-US economic and trade relations have experienced some shocks and fluctuations, which have drawn great global attention." Li Chenggang stated that since the China-US Geneva economic and trade talks in May of this year, China has strictly adhered to the consensus reached in multiple phone calls between the two presidents, faithfully and conscientiously implemented the consensus arrangements reached in the economic and trade consultations, and carefully nurtured the hard-won and relatively stable China-US economic and trade cooperation relationship. "These shocks and fluctuations are not what China wants to see." "The US side expressed a tough position, while China is resolute in safeguarding its interests." Li Chenggang stated that during the consultations, the Chinese and US economic and trade teams maintained mutual respect and dialogue on an equal footing. Going forward, the two sides will further strengthen communication and exchanges and make positive efforts for a more stable and healthy development of China-US economic and trade relations. (Jinshi)

According to on-chain analyst Ai Yi's monitoring, a whale in a certain band spent another 14.41 million USDT to buy 126.18 WBTC in the past 15 minutes. Since October 21, it has hoarded 397.91 WBTC in this round, with a total investment of up to 44.41 million US dollars, an average cost of 111,608 US dollars, and a current floating profit of 777,000 US dollars.

Greg Cipolaro, head of global research at NYDIG, said that Bitcoin has long been called "digital gold" and, like precious metals, is often promoted as an inflation hedge. However, this claim is unfounded. Inflation is not the key factor affecting Bitcoin's price. In fact, Bitcoin's inverse relationship with real interest rates has strengthened in recent years, and it has evolved into a liquidity barometer, becoming an indicator of global liquidity. (CoinDesk)

According to on-chain analyst Ai Yi, smart money spent 10 million USDT an hour ago to buy another 88.6143 WBTC at an average price of $112,846. Including the positions established on October 21, the total amount held is 271.73 WBTC (approximately $30 million) at an average price of $110,403.69. This round of trading that began on October 21 has already generated a profit of $747,000.

Coinglass data shows that in the past 4 hours, the entire network has experienced a liquidation of US$104 million, of which short positions have been liquidated for US$88.0787 million and long positions have been liquidated for US$15.4340 million.

null source: https://x.com/BTC_Archive/status/1982428822650687561

Arthur Hayes sold all his HYPE tokens, making about $823,000 profit and saying the money will help buy a Ferrari. He had recently predicted big gains for HYPE but warned that a large token release soon could push prices down.