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More →A trader lost $331,000 in a market crash, then opened a 40x short position of 200 BTC.
According to news from Bijie, a trader decided to go long on Bitcoin ($BTC) after more than 6 months of inactivity, but encountered a market crash and ultimately closed the position with a loss of $331,000. He then switched to shorting, opening a 40x short position of 200 Bitcoin (notional position of approximately $16.35 million), with a liquidation price of $82,703.32.
A whale was liquidated for 28,716 ETH due to the market crash but continues to hold long positions.
According to data from Bijie.com: Lookonchain monitoring shows that a market crash led to the liquidation of 28,716 Ethereum from a whale, worth approximately $69.69 million. However, the whale continued to go long and currently holds 78,955 Ethereum, worth approximately $195.57 million. The new liquidation prices are $2,299.09 and $2,286.28.
Bitwise: 5 U.S. wealth management platforms restrict client access to Bitcoin ETPs
Bitwise noted that five top U.S. wealth management platforms restrict client access to Bitcoin ETPs, while another 18 platforms only, including Citi, Barclays, Goldman Sachs, UBS Americas, and Raymond James.
U.S. ETF options open interest stands at 192,050,042 contracts.
Bitcoin.com US stock data: US ETF options open interest stands at 192,050,042 contracts, of which 94,587,912 are calls and 97,462,130 are puts.
Over the past year, the amount of BTC involved in address reuse rose to 4.33 million coins, accounting for 21.5% of the circulating supply.
According to data from Bijie.com: over the past year, the total amount of Bitcoin involving address reuse rose from 3.79 million coins to 4.33 million coins, accounting for 21.5% of the circulating supply.
U.S. spot Bitcoin ETFs saw net outflows of $526.4 million on October 7-8.
CoinWorld data: According to OnchainLens, U.S. spot Bitcoin ETFs recorded a net outflow of $526.4 million on October 7-8, with $484.9 million flowing out on October 7 and $41.5 million on October 8 (reported by 4 of 12 funds). During this period, the price of Bitcoin fell about 4.4%, from $85,550 to $81,750. The ETF flow data for October 8 is still preliminary.
Extended will migrate to Circle's blockchain Arc on October 19.
According to news from Bijie, the decentralized perpetual contract trading platform Extended, built by the former Revolut team, has announced that during the week of October 19 it will migrate its settlement network from Starknet to Arc, the Layer 1 blockchain under Circle. Trading will continue during the migration, but deposits and withdrawals may be suspended for about 2 hours. After the migration, the platform will use USDC to pay gas fees and plans to expand the scope of perpetual contract trading in stocks, commodities, and crypto assets. Because Arc does not support USDT and WBTC, users holding related assets worth more than $1 must complete conversion or withdrawal before 12:00 UTC on October 21, otherwise their accounts may be restricted and the relevant positions may be forcibly liquidated.
Jump Crypto在Firedancer钱包中质押45.4万枚SOL，价值约4981万美元
Jump Crypto's Firedancer wallet has staked another 453,987 SOL, worth approximately $49.81 million at current prices, according to Bijie.
Rafael: 31% of the Bitcoin supply is at risk of public key exposure.
According to news from Bijie.com, Glassnode co-founder Rafael stated that 31% of the Bitcoin supply and 57% of exchange balances are at risk of public key exposure, and recommended transferring tokens to new addresses to eliminate this risk. (Bitcoin Archive)
Analyst: US government moves 12,300 BTC, Waller's hawkish remarks
According to news from Bijie, the U.S. government recently transferred 123,000 bitcoins, worth approximately $1.01 billion. At the same time, U.S. initial jobless claims came in at 197,000, lower than expected, further strengthening the Federal Reserve's confidence in maintaining high interest rates. Federal Reserve Governor Waller said more rate hikes are still needed, and that flexibility should be maintained regarding the pace of increases. Federal Reserve official Musalem pointed out that interest rates should be raised over the next 6 to 9 months to push down inflation. In addition, Brent crude oil prices broke through $104 per barrel, rising more than 4%, while WTI crude oil rose 3.93% to $91.747 per barrel. CFTC Chairman Mike Selig said the crypto industry is flowing back to the United States, and regulatory clarity helps retain the industry. ESMA requires EU crypto companies to stop non-compliant stablecoin services by January 8, 2027. Standard Chartered announced it will launch bitcoin custody services in Singapore.