[Whale address 0xB041: Sold 6,237 ETH within 7 hours, cashing out $23.95 million] Whale address 0xB041 sold 6,237 ETH at a price of $3,840 during the past 7 hours amid a market downturn, cashing out approximately $23.95 million. This address has been operating frequently recently, possibly due to panic selling triggered by market volatility. (Lookonchain)

The deal, terms of which were not disclosed, will allow FalconX to expand beyond market making and liquidity services into issuing crypto ETFs.

[Democrats Warn Government Shutdown Could Heighten Crypto Market Risks, Call for Insider Trading Investigation] Maxine Waters, the Democratic leader of the House Financial Services Committee, warned on the 21st day of the government shutdown that President Trump and Congressional Republicans' failure to establish a proper regulatory framework for cryptocurrencies would exacerbate market risks. She pointed out that the October 10 crypto market flash crash caused investors to lose billions of dollars and sparked calls for an insider trading investigation. An analyst discovered that a certain wallet deposited millions of dollars into the Hyperliquid decentralized exchange before the crash and profited approximately $150 million through leveraged short positions. Waters urged the SEC and CFTC to thoroughly investigate the related activities. However, due to the government shutdown paralyzing regulatory agencies, investors face heightened risks, and similar crash events may spread more quickly to the traditional financial sector in the future.

[Market Focuses on Friday's CPI Data, Government Shutdown Impacts Sentiment Stability] QCP Asia stated in its October 22 report that the U.S. government shutdown has led to the suspension of most official data releases, with this week's market focus centered on Friday's CPI data. This is the only economic indicator available for the Federal Reserve before resuming policy statements. If the CPI rises only 0.2% month-on-month, it will reinforce the 'soft landing' expectation and support the upward trend of Bitcoin.

The large transaction data in the past 12 hours shows that the main buying and selling forces are basically balanced, but after the latest 1-hour cycle saw a large market buy order of $1.99 million, the price failed to continue to rebound. Based on the current K-line pattern, the bullish signal of the Hammer Line is suppressed by the strong bearish signals of the Up Hang Line and the Black Three Soldiers, indicating that the main force's ability to attract funds is limited and selling pressure still dominates. At the same time, the MACD bar chart shows that the upward momentum has weakened, and the price is below the EMA24/52 moving average, with a downward trend in the medium to long term, verifying the lack of confidence in sustained buying by the main funds. The large transaction indicator accurately captures the main behavior and helps you predict market reversals in advance. Open a membership now, grasp the main trends, and quickly lock in opportunities! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.