[XRP Open Interest Nears $3 Billion, $3 Mark Becomes Key Battleground for Bulls and Bears] CryptoQuant data shows that as of October 5, XRP's open interest (OI) has surged to approximately $2.92 billion, reflecting a significant increase in market speculation. A spike in open interest often signals the potential for heightened market volatility. Currently, XRP's price hovers around $2.99, near the critical resistance level of $3. Analysts believe that bulls and bears are engaged in an intense battle at this level. If the price successfully breaks above $3, the massive OI could drive the price further upward; conversely, if the price retreats, it may trigger large-scale liquidations of long positions.

The BNB Chain saw a surge in active addresses and decentralized trading, with the Aster Protocol's total value locked jumping 570% to $2.34 billion.

[QCP Capital: Bitcoin's Rise Did Not Rely on Institutional Funds, No Signs of Whale Sell-Off] On October 6, QCP Capital stated that Bitcoin surpassed $125,000 over the weekend, and this rise did not rely on institutional funds, indicating strong non-institutional demand. Unlike the previous breakthrough at $123,000, this round has not seen concentrated sell-offs by whales, which may suggest that large holders have completed rotations or are holding coins in anticipation of further gains. Currently, perpetual contract funding rates are elevated, but the widening basis between spot and futures prices poses a risk of a sharp market drop.

[Early ENA Investor Deposits 5.6 Million ENA to Binance] On October 6, according to Onchain Lens monitoring, early ENA investor casualpig.eth received 5 million ENA from the official address 7 hours ago and deposited 5.6 million ENA (approximately $3.33 million) into Binance.

[6-Year-Old Withdrawal Whale Transfers 15,000 ETH to Bitfinex] According to on-chain analyst Yu Jin's monitoring, a whale address that withdrew 123,000 ETH from Bitfinex six years ago (in 2019) transferred 15,000 ETH (approximately $68.22 million) back to Bitfinex on October 6. Currently, the address still holds 85,000 ETH (approximately $391 million). At the time of the withdrawal in 2019, the price of ETH was $154, with a total value of approximately $19.04 million.