ZachXBT points out that TraderTraitor orchestrated the Bitget and Binance attacks.
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ZachXBT points out that the North Korean hacking group TraderTraitor may have orchestrated the $388 million Bitget attack and the $6.3 billion Binance attack, with the stolen funds from both incidents flowing to the same address.
Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.
Bank of Japan Governor Kazuo Ueda will hold a monetary policy press conference in ten minutes, and the preliminary annualized GDP figure for the third quarter of France will be released in ten minutes.
CoinDCX has restricted new futures positions after Binance’s security incident disrupted a key liquidity provider. Deposits, withdrawals and customer funds remain unaffected, the exchange said.
A contract account at a certain address accumulated profits of approximately $22.67 million. On October 30th, this address closed out short positions in ETH worth approximately $22.07 million and opened new short positions in ETH worth approximately $22.66 million at an average price of approximately $2265.67. Address: 0xbf73…5d58.