ImportantPANews
Whale Closes 36,500 ETH Positions to Avoid Liquidation, Incurs Total Losses Exceeding $38 Million
A whale holding a long position of 93,184 ETH (valued at $214 million) closed 36,517 ETH (valued at $80.56 million) to avoid liquidation, and still holds 56,667 ETH (valued at $125 million). The new liquidation prices are set at $2,122.44 and $2,129.72 respectively. This whale has incurred cumulative losses of over $38 million.
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- #Derivatives
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View allBreakingBinance: Security Incident May Involve Compromise of DevOps Engineer's Computer, No Private Key Leakage Detected, Estimated Total Loss Approximately $6.3 Billion
Binance has released a security incident update, noting that its preliminary investigation indicates the incident may involve the compromise of a DevOps engineer's laptop, which allowed attackers to access a service container and submit unauthorized withdrawal transactions. Binance states no evidence of any wallet private key leakage has been identified, and a detailed technical post-mortem analysis will be published once the investigation is completed and all facts are fully verified. Binance estimates the total loss at approximately $6.3 billion, and has collaborated with blockchain partners to freeze affected assets, with roughly $3 billion already frozen on-chain. Binance will cover all losses via its SAFU Fund and corporate capital, ensuring user funds remain secure, and will release an updated proof of reserves after remediation is completed. As an immediate preventive measure, Binance has temporarily suspended deposits and withdrawals, revoked authorization for affected addresses, and partnered with law enforcement agencies and blockchain intelligence partners to trace and recover funds.
Japan’s Nikkei slumps 3% as tech stocks tumble on AI worries
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Bitcoin slides below $77,000, BNB drops amid Binance hack
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Binance Hacker Begins Selling STRK, Two Traders Record Combined Unrealized Profit of $4.46 Million on STRK Short Positions
The Binance hacker has started selling STRK, adding selling pressure to the market. Two Hyperliquid traders hold STRK short positions with a combined unrealized profit of $4.46 million, with one holding $1.61 million in unrealized gains and the other holding $2.85 million in unrealized gains.
U.S. SOL Spot ETF Records Total Single-Day Net Outflow of $27.6915 Million
Per SoSoValue data, the SOL spot ETF posted a total single-day net outflow of $27.6915 million on October 29 (Eastern Time). The SOL spot ETF with the largest net outflow yesterday was the Bitwise Solana Staking ETF (BSOL), which recorded a single-day net outflow of $23.6827 million, with a total historical net inflow reaching $1.133 billion to date. The second largest net outflow was registered by the Grayscale Solana Trust (GSOL), which saw a single-day net outflow of $4.0088 million, with a total historical net inflow standing at $129 million at present.