[Whale Holdings Remain Stable, BTC Unlikely to See 80% Bear Market Decline] On-chain analyst Murphy reported on October 17 that whale wallets holding at least 100 BTC currently possess 12.17 million BTC, accounting for 61% of the circulating supply, which is comparable to the holdings at the peak of the 2021 bull market. Unlike previous bear markets where large-scale whale sell-offs led to market crashes, whales have shown greater stability in this cycle. During the recent October 11 crash, whales incurred a single-day loss of only $400 million, significantly lower than the $2 billion loss in August 2024. Analysts believe that the steadier mindset of whales may prevent the recurrence of a year-long bear market with an 80% decline.

Binance ASTER is currently priced at $1.06, with a 17.19% drop over 24 hours. 24-hour transaction volume of 2.8 billion US dollars, up 19.24%, for reference only

There appeared to be consensus around growing labor market risks even as sticky inflation remains an issue.

[Circle Issues 500 Million USDC on the Solana Network] According to Whale Alert monitoring, Circle completed two USDC issuance operations on the Solana blockchain between 22:50 and 22:51 Beijing time on October 17, minting a total of 500 million USDC. According to the original report, this issuance occurred within the past two hours, further solidifying USDC's circulation scale on the Solana network. This issuance reflects the continued growth in demand for stablecoins and also indicates that Circle is accelerating its expansion within the blockchain ecosystem.

Bitget UNI/USDT's perpetual trading volume surged 8 times within 10 minutes, with a turnover of 18.7 million US dollars in the past 24 hours, a decrease of 7.52% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally