ImportantPANews
Key Overnight & Early Morning Market Updates (October 29 – October 30)
A whale has offloaded over 694,000 HYPE tokens worth $53.27 million over the past 5 days. Over the past 5 days, an unidentified large "whale" address sold 694,310 HYPE tokens for a total value of $53.27 million. Analyst: BTC has returned to Strategy's 2026 cost basis, but positions accumulated since 2025 remain in unrealized loss. Analyst Darkfost noted in a public analysis that Bitcoin's price has rebounded above Strategy's 2026 holding cost threshold, though all BTC purchases made by the firm since 2025 are still in negative unrealized returns. Strategy currently holds 848,517 BTC, with an overall average cost basis of approximately $75,446. Bitcoin has climbed above Strategy's 2026 cost level of $78,900 earlier today. However, when accounting for all purchases made since 2025, including the low-price acquisitions executed this summer
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- #Derivatives
More flash news
View allHe Yi: Deposit functions are operating normally, withdrawals are expected to resume within the next 48 hours
He Yi, co-founder of Binance, stated that deposit functions remain unaffected and are operating fully normally. The team is strengthening withdrawal services and related address controls, and expects to begin gradually resuming withdrawals within the next 48 hours.
Whale Spent $2.61 Million Bottom-Fishing UNI and PEPE This Morning, Secures $270,000 Profit in 5 Hours
On-chain monitoring shows that whale address "wenyu8888888" executed bottom-fishing purchases of UNI and PEPE following a panic-driven market decline triggered by hacker sell-offs earlier this morning, generating $270,000 in profit within 5 hours. At approximately 7 AM, the whale spent 2.61 million USDC to acquire 297.9 billion PEPE and 208,000 UNI, and transferred all of these tokens to Gate 20 minutes prior, with the total position valued at $2.88 million.
Kraken: Platform connectivity and order placement malfunctions have been resolved
Kraken's status page indicates that the platform has resolved the connectivity and order placement malfunctions that affected spot and derivatives users accessing the service via web, mobile applications, and the REST, WebSocket, and FIX interfaces earlier this morning.
Ethereum Spot ETFs Recorded Total Net Outflow of $105 Million Yesterday, Extending Net Outflow Streak to 4 Consecutive Days
Per SoSoValue data, the total net outflow of Ethereum spot ETFs reached $105 million yesterday (October 29, Eastern Time). The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity's FETH, which recorded a single-day net inflow of $2.9018 million, bringing its total historical net inflow to $2.427 billion to date. The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETHA, which posted a single-day net outflow of $71.6792 million, with its total historical net inflow standing at $11.946 billion as of present.
Total net inflow of Bitcoin spot ETFs reached $17.0719 million yesterday, marking 4 consecutive days of net inflows
Per SoSoValue data, the total net inflow of Bitcoin spot ETFs stood at $17.0719 million yesterday (October 29, Eastern Time). The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's IBIT, recording a single-day net inflow of $12.7974 million, bringing IBIT's total historical net inflow to $66.544 billion. The second highest was Fidelity's FBTC, with a single-day net inflow of $10.5339 million, and FBTC's total historical net inflow currently stands at $10.374 billion.