Instantly Soaring "ICP Trading Volume Surges 9 Times

[Whale Addresses Transfer Nearly 100 Million ASTER, Liquidation Imminent] Monitoring shows that two whale addresses transferred 17.857 million ASTER ($22.88 million) to exchanges today. One of the addresses had accumulated 64.535 million ASTER through Gate and has been continuously transferring to Binance recently. Today, it transferred another 9.575 million ASTER ($12.53 million), bringing the total transferred to Binance over the past week to 58.608 million ASTER ($92.25 million). The address now holds only 5.926 million ASTER ($7.42 million) and is expected to be emptied by tomorrow. The other address previously withdrew 8.282 million ASTER ($16.86 million) from Bybit at a unit price of $2.03 per ASTER. Eight hours ago, it transferred the tokens back to Bybit. Currently, the price of ASTER has dropped to $1.25, resulting in an unrealized loss of $6.52 million. (Ember)

[BNY Mellon Accelerates Blockchain Investments, Focuses on Stablecoin Infrastructure Development] BNY Mellon stated during its latest earnings call that it has advanced several blockchain-related investments to 2025, with a focus on building tokenized settlement and payment systems. The bank attributed this strategic adjustment to improvements in the regulatory environment and better market conditions. CEO Robin Vince emphasized that BNY Mellon's core strategy is to provide infrastructure services such as custody, settlement, and collateral management for stablecoins, rather than issuing its own stablecoin. Although some believe a branded stablecoin from the bank could serve institutional use cases, Vince clarified that the current focus is on supporting the broader ecosystem. This year, the bank has also reallocated approximately $500 million in cost savings to growth initiatives in the digital assets and artificial intelligence sectors to optimize internal processes and enhance efficiency.

The current total position of OKX BTC option contract is 35177.35 BTC, with a growth rate of 6.04% over the past 24 hours, indicating an increase in activity in the options trading market. Data for reference only Interpretation: Option holding refers to the total number of unexercised option contracts in the market, which can reflect the current market's views and expectations on the future price trend of a certain underlying asset. Data for reference only

The simultaneous rise in volatility across assets signals a widespread risk-off sentiment among investors.

[Tether Sued for Illegally Freezing $44.7 Million USDT, Leading to Investment Losses] October 17 news: Texas-based Riverstone Consulting has filed a lawsuit against Tether, accusing it of illegally freezing $44.7 million USDT at the request of Bulgarian police, resulting in lost investment opportunities. The lawsuit claims that Tether did not follow the formal procedures outlined in international judicial assistance treaties and froze assets solely based on local police requests. Currently, Tether has cooperated with global law enforcement agencies to freeze $3.2 billion USDT, with stablecoin circulation exceeding $180 billion.