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Kanye West-linked Address Reduces Holdings by 1,390 ETH to Mitigate Liquidation Risk, Incurring $317,000 in Losses

Per on-chain analytics monitoring, the address associated with Kanye West began selling off ETH in batches six hours ago (following the disclosure of the Binance hack incident) to reduce liquidation risk. The address sold 1,390 ETH for a total of $3.163 million at an average price of $2,275.6, realizing a loss of $317,000. Currently, 19,506.17 ETH remains collateralized to borrow $27.67 million in stablecoins, with a health factor of 1.31. Liquidation will be triggered if ETH falls to $1,689.59.

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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.

Mask Network: Three Leak Incidents in One Week Did Not Result From Blockchain Compromise, Calls for Reflection on Data Hoarding Issues

Mask Network posted on the X platform stating that three leak incidents occurred within one week, involving a vendor, a bank, and an engineer's laptop respectively, and none of these incidents were caused by a compromise of the blockchain itself. Mask Network noted that large volumes of personal data are stored in locations that are easy targets for attacks. Instead of debating how to protect all data, it is more meaningful to first question why such large volumes of data are collected in the first place. It argues that the most secure data is likely data that no one hoards.

Kanye West-linked Address Reduces Holdings by 1,390 ETH to Mitigate Liquidation Risk, Incurring $317,000 in Losses | CoinByte