The largest long position in META was liquidated after the stock price plummeted, resulting in a cumulative trading loss of approximately $2.2961 million. This address closed out 27,163,376 META long positions, with a trading volume of approximately $17.6676 million and a liquidation price of approximately $650.42, about 11.5% lower than the holding cost of $734.95. Of this, approximately $3.5204 million worth of long positions were forcibly liquidated, resulting in a loss of approximately $472,400. The address has now shifted its position to shorting AAPL.

BIT's Swiss asset management subsidiary, BIT AM, has received approval from the Swiss Financial Market Supervisory Authority (FINMA) to launch Switzerland's first Bitcoin Fund ETF (ticker symbol: BBIT), which directly invests in Bitcoin. It is expected to list on the Swiss Stock Exchange in November. The fund adopts a Swiss collective investment scheme structure, with segregated assets, and is open to investors, allowing allocation of Bitcoin through ordinary Swiss bank accounts.

Grayscale releases cryptocurrency valuation ranking, with HYPE holders leading in returns and CAKE leading in profitability returns Grayscale has released its ranking of cryptocurrency asset valuations, with HYPE ranking first with a holder return rate of 8.0%, LIT at 7.9%, and CAKE at 2.6%. In terms of adjusted profitability, CAKE leads with 14.4%, LIT with 14.1%, and HYPE with 9.8%. The holders of AAVE, JUP, and CRV assets on the list have negative returns, with CRV at -5.5% and JUP at -2.6%. Grayscale's holder return calculation method is based on staking rewards plus repurchases minus newly issued tokens. JUP's adjusted profit return rate is 3.5%, but the holder return rate is negative.

The Ethereum Foundation has postponed the Glamsterdam upgrade on the Hoodi testnet, originally scheduled for October 26, to study the impact of EIP-8037 on mainnet smart contracts.

Grok Bot announced support for integration with both iOS and Android apps, allowing users to access calendars, reminders, contacts, and more on their phones. Elon Musk retweeted and confirmed the news.