Bitget PUMP/USDT's perpetual trading volume surged 17 times within 10 minutes, with a turnover of 21.82 million US dollars in the past 24 hours, an increase of 10.44% 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

[Upbit to Suspend Deposit and Withdrawal Services for ETC, WAVES, and MER] Upbit announced that due to a wallet system upgrade, deposit and withdrawal services for the following tokens will be suspended starting from 23:00 on October 16, 2025 (Hong Kong Time) until stability is confirmed: - Ethereum Classic (ETC) - Deposit and withdrawal suspended - Waves (WAVES) - Deposit and withdrawal suspended - Mercury (MER) - Withdrawal suspended Users are advised to complete relevant operations in advance. The specific resumption time will be announced separately.

[Whale Garrett Jin Explains Bearish Reasons Before October 11 Flash Crash] Foresight News reported that whale Garrett Jin was bearish before the October 11 crypto market flash crash and explained the reasons in a tweet. He pointed out that U.S. tech stocks, A-share tech stocks, and major cryptocurrencies showed overbought signals, such as MACD divergence, and that cryptocurrencies are highly positively correlated with U.S. stocks. Recently, U.S. stocks have shifted from risk appetite to risk aversion, and the crypto market has exhibited a similar trend. Additionally, escalating U.S.-China trade tensions, including China's imposition of special port fees on U.S. vessels and its antitrust investigation into Qualcomm, have further heightened market risks.

[Analysis: Market Deleveraging May Signal Long-Term Uptrend] CryptoQuant analysts point out that the crypto market has undergone a significant price correction, with Bitcoin's open interest dropping from $47 billion to $35 billion. Funding rates briefly turned negative before returning to positive territory. Both Bitcoin's Estimated Leverage Ratio (ELR) and Stablecoin Supply Ratio (SSR) have significantly declined, indicating overall market deleveraging and increased stablecoin liquidity. Historical data suggests that such events may signal a long-term uptrend.

According to the popularity ranking, COAI's popularity has increased by 410000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① COAI （$9.21，49.03%） ② BNB （$1354.87，15.22%） ③ ZEC （$262.66，-5.02%） ④ ETH （$4149.90，8.61%） ⑤ DASH （$53.68，-4.65%） COAI's main funds have strong buying power, with a net inflow of $72.7633 million in 24 hours and a transaction volume of $8.225 billion in 24 hours, of which the main funds had a net inflow of $4.40598 million.