Sun Yuchen stated in an interview on October 17th that he has reduced his ETH holdings by 80% to 90%, with selling prices mainly in the range of $3600 to $4000. The funds obtained have been transferred to the US technology sector, and currently only 20% of ETH is retained as the underlying asset. Sun Yuchen stated that the core position of Bitcoin remains unchanged and coexists in the cold wallet, with Nvidia as its main US stock position and a heavy position in the Nasdaq 100 index. (Source: Crypto Briefing)

Vitalik Buterin has launched an AI agent called "Paranoid Mode", which uses Tor to hide IP addresses, disguise traffic to mask requests, rewrite prompts in local models, and verify payments through zkAPI, achieving identity and trace hiding. The system has been launched on the Ethereum mainnet and supports ETH and USDC recharge. Vitalik Buterin stated that the system is quite usable, but new conversations start slowly and agents are restricted to software sandboxes. (Source: BeInCrypto)

A trader holds multiple orders of 1205.31 bitcoins on Hyperliquid, with a nominal value of approximately $97.87 million, using a 40x position by position leverage. The average opening price of this position is $81914, and the estimated liquidation price is $79828. As of 20:25 on October 18th (UTC+8), Bitcoin was reported at $81117 on Bitcoin, 1.59% higher than the clearing price. The unrealized loss of this position is approximately $866500, with funding expenses of approximately $87000, and available margin has been reduced to zero. The account has accumulated a loss of approximately 9.7793 million US dollars in the past 7 days, with a maximum drawdown of 78.77%. A total of 3763 transactions have been recorded, with a win rate of 16.67%. The current 100% exposure is to Bitcoin long orders. (Source: Bitcoin.com News)

Defend American Jobs, an affiliate of the encryption super PAC Fairshake, has added approximately $7 million in advertising spending to oppose Ohio Senator Sherrod Brown, bringing its cumulative opposition spending to approximately $46.66 million for the year. The document shows that the expenditure includes $5.2 million for media procurement and $1.95 million for additional costs, and supports his Republican opponent Jon Husted. Sherrod Brown previously chaired the Senate Banking Committee and Fairshake invested approximately $40 million in 2024. The PAC is funded by Coinbase, Ripple, and Andreessen Horowitz, and held approximately $120 million in cash in September, with an estimated expenditure of over $100 million for this cycle. (Source: Decrypt)

Charles Schwab is gradually opening up external wallet transfer functions for Bitcoin and Ethereum to eligible customers, allowing them to transfer supported assets into and out of external wallets. Jiaxin Wealth Management emphasizes that the value of Bitcoin and Ethereum is not protected by FDIC insurance, and encrypted assets are different from insured traditional bank deposits.