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More →Bitcoin rebounds above $82,000 as Ethereum, SOL, and ZEC funds continue to see outflows
Bitcoin price rebounds above $82,000, while Ethereum, SOL, and ZEC funds continue to see outflows, according to Bijie data.
Hyperliquid on-chain perp trading volume surpasses 10 billion.
BiJie Network data: On-chain analyst Yu Jin reports that since the launch of loss-making mining on the 10th, within less than 6 days, the perp trading volume on the Hyperliquid chain has seen its top three traders all exceed $10 billion in volume. The first-place trader reached $11.6 billion in volume, lost $780,000, received 46 million paper, with a token acquisition cost of $0.017. The second-place trader had $10.3 billion in volume, lost $930,000, received 85 million paper, with a token acquisition cost of $0.011. The third-place trader had $10.1 billion in volume, lost $980,000, received 252 million paper, with a token acquisition cost of $0.0039.
Glassnode and Coinbase release a Bitcoin market report.
Crypto media data: Glassnode and Coinbase Institutional jointly released the Q4 2026 "Charting Crypto" report, stating that Bitcoin has moved from a bottoming phase into an initial recovery in Q3, with a generally positive view on Q4 as a whole, though caution is still warranted in the short term. The report shows that BTC's Net Unrealized Profit/Loss (NUPL) indicator has returned to the "optimism/anxiety" zone, while still remaining below the threshold of the "belief/denial" phase. The supply of BTC that has not moved for more than a year continues to increase, long-term holders have largely maintained their positions during the rebound, and the return of new participants has driven a recovery in recently active supply. The report also points out that as of the end of September, there is a dense cost-basis cluster above Bitcoin's price, including the resistance zone that previously capped September's rally, while multiple layers of support are distributed below.
Microsoft completes pre-training of a 2.8 trillion parameter model: stronger than the GPT-5.6 base, using only
According to CoinWorld news, Microsoft announced the completion of pretraining for its new-generation in-house model mai-base-2. The model has a total of 2.8 trillion parameters and adopts a MoE (mixture of experts) architecture, activating 80 billion parameters each time. From August to September this year, Microsoft used 16,000 NVIDIA GB200 GPUs, training for 38 days and processing approximately 50 trillion tokens. The new model introduces native visual pretraining for the first time, with visual data accounting for 18% of the training volume. Internal testing shows that mai-base-2 surpasses models such as deepseek-v4-pro-base, kimi k3, and qwen3.8 on multiple text prediction metrics. Microsoft stated that if it only wanted to train a model at the same level as deepseek-v4-pro-base, the required compute would be only 1/4 to 1/12. AI head Mustafa Suleyman said that the pretraining base of mai-base-2 is already stronger than the OpenAI model supporting GPT-5.6, while using only one quarter of the latter's training compute. The model is still in the post-training stage. Microsoft plans to use it in its own products and license the model weights to enterprise partners through Foundry.
$1.47 billion in BTC options expire today, with the max pain point at $83,000.
CoinWorld data: Approximately 18,000 BTC options expired today, with a notional value of $1.47 billion, a put/call ratio of 1, a max pain point of $83,000, and an expiry size accounting for about 4.5% of Bitcoin options open interest. Adam, a researcher at greeks.live, said that the current implied volatility is about 35%, the market's expectation for future price fluctuations is at an extremely low level, and options buyers remain relatively cautious.
S&P 500 ETF China: Secondary market price shows significant premium, investment risk warning issued.
News from Bijie: ChinaAMC S&P 500 ETF: Secondary market price significantly premium, investment risk warning. ChinaAMC S&P 500 ETF announced that the secondary market trading price of the fund is noticeably higher than the fund's reference net value per unit, showing a relatively large premium. On October 16, 2026, the fund's secondary market closing price was 2.022 yuan, while the fund's reference net value per unit at close was 1.8878 yuan. If the premium does not effectively decline by October 19, 2026, the fund has the right to apply for intraday temporary suspension of trading, extension of the suspension period, and consecutive suspension measures to warn of risks. The fund is operating normally, and there is no material information that should be disclosed but has not been disclosed. Investors are reminded to pay close attention to premium risk and invest prudently.
Binance: ETH heat rises, up 3.51% in 24 hours.
CoinWorld data: Binance shows in its hot coin rankings that ETH's popularity is rising, with a 24-hour gain of 3.51%, and its current price is $2,453.96. Although ETH's hot attention dropped by 1.23 million compared with yesterday, it still ranks second. The popularity rankings show that other coins include WAL ($0.04650, -13.12%), BTW ($1.99, -3.86%), ZEC ($1,229.75, 11.71%), and XAUT ($4,179.78, 0.54%). ETH's main force buying strength is moderate, with a 24-hour net inflow of $357 million, a trading volume of $30.690 billion, of which the main force net inflow is $267 million.
Netflix appoints former Disney executive Peter Rice as new head of content.
Netflix (NFLX.O) fell 2% in premarket trading after the company announced the appointment of former Disney executive Peter Rice as its new head of content.
Bitcoin options expiry data: 18,000 contracts expiring
Data from CoinWorld: GreeksLive reports that on October 16, 18,000 Bitcoin options contracts expired, with a put-to-call ratio of 1, a maximum strike price of $83,000, and a notional value of $1.47 billion. On today's expiry date, 4.5% of Bitcoin options positions expired. This week, the U.S. stock market sharply pulled back due to poor macroeconomic data, and the cryptocurrency market also fell in tandem, with weak market performance. Implied volatility (IV) is currently at a low level, with 35% as the bottom, and the market's expectation for future price fluctuations is extremely low. Despite the strong market performance in summer, high IV has not yet appeared in the main options market, and buyers remain cautious and unwilling to pay a premium. GEX is gradually converging toward $90,000, and Gamma is beginning to accumulate in $80,000 put options. Cryptocurrencies experienced a strong rebound in summer, marking a two-month small bull market. Considering the low monthly out-of-the-money IV, establishing put protection is still worthwhile, and continuing to roll these positions also has value.
BTC saw a net capital outflow of 1,090.4787 BTC over the past 24 hours.
Bjie.com data: BTC saw a net capital outflow of 1,090.4787 BTC over the past 24 hours. This figure is aggregated from continuous 1-hour resolution data and represents the rolling 24-hour net capital flow denominated in BTC assets. It does not represent exchange net inflows, on-chain exchange flows, or institutional capital flows, and should not be conflated with deposit and withdrawal data from any single exchange. Compared with the same-caliber snapshot 24 hours ago, it is down 75.25%; compared with the same-caliber snapshot 7 days ago, it is down 699.74%.