Main Password: MGBX will launch multiple BTC trading pairs, actively layout the market, and make a bet on this direction with a main transaction volume of $1.1 billion

[Wallet bc1ql7c transfers 6,500 BTC worth $694 million] Wallet address bc1ql7c, after being dormant for 3 years, transferred all 6,500 bitcoins, with a total value of approximately $694 million. These bitcoins were originally transferred by Russian crypto entrepreneur Ivanov (Bilyuchenko), who was accused of founding the BTC-e and WEX exchanges and allegedly involved in the theft of hundreds of thousands of bitcoins from Mt. Gox. (Lookonchain)

[BWEnews Blockchain Startup TEMPO Completes $500 Million Financing] Blockchain startup TEMPO, supported by STRIPE, has completed a $500 million funding round, led by THRIVE CAPITAL and GREENOAKS. This round of financing aims to drive the application of blockchain technology and market expansion. Investment risks should focus on market volatility and the progress of technology implementation. (BWEnews)

Stellar Lumens (XLM) slid 6.25% amid heavy institutional liquidation, even as the network’s latest protocol upgrade strengthened its enterprise-grade transaction capabilities.

[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