ETH falls below the $3700 mark

[Binance USDT Briefly Rises to $1.02 Before Pulling Back] According to market data, influenced by market fluctuations, USDT on the Binance platform briefly rose to $1.02 before pulling back to $1.0016.

[Ethena Labs Clarifies No Automatic Deleveraging for USDe] Ethena Labs posted on the X platform to clarify and confirm that no automatic deleveraging (ADL) occurred, and USDe does not hold any short positions on decentralized exchanges (DEX). Previously, USDe had depegged and briefly dropped to 0.66 USDT.

[ChainLink Unlocks 18.75 Million LINK and Deposits into Binance] On October 11, according to Onchain Lens monitoring, ChainLink's non-circulating supply wallet has unlocked 18.75 million LINK (approximately $387 million) after a 4-month interval and transferred them to Binance.

[Yi Lihua: Market downturn judgment based on data analysis, no insider information] On October 11, Liquid Capital founder Yi Lihua stated that the recent continuous sell-off by institutions was based on market downturn predictions derived from research and data analysis, not insider information. He emphasized that this is the first sell-off since the bottom-buying at over $1,000, and the transparent on-chain activity has also drawn external attention. He pointed out that the crypto space is a competition of long-term survival ability, not the pursuit of every bit of profit.

APT will unlock 11.3 million tokens today, valued at approximately $40.94 million, accounting for 1.131% of total supply. The current circulating supply is 540 million tokens, with a total supply of 1 billion tokens.