BTC falls below the $110000 mark

The current price of ETH is $3795.24, a decrease of 12.98% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 4.279 billion US dollars, with multiple orders being the main liquidation and ETH liquidation of 1.07 billion US dollars (25.02%). The data is for reference only.

[Gen Z Trader 0xRay518 Holds Over $60 Million in BTC] According to HyperInsight monitoring, Gen Z trader 0xRay518 established a new BTC long position at a price of $111,200 on October 11 and has since accumulated approximately 548 BTC. The current position is valued at around $61.81 million, with an unrealized loss of $1.56 million. Previously, Ray turned an initial capital of $240,000 into $6 million in profit within a month, with a single-day peak profit of $5.92 million USDC. BlockBeats reminds investors that recent market volatility has intensified, and risk management should be a priority.

[New Address Withdraws 24,409 ETH from Kraken] According to Onchain Lens monitoring, on October 11, a newly created wallet address withdrew 24,409 ETH from Kraken, valued at approximately $93.18 million. In addition, the whale address starting with 0xedf received 8,914 ETH from FalconX, valued at approximately $34.10 million, and currently holds 28,933 ETH, with a total value of approximately $110 million.

According to AiCoin monitoring, the net outflow of US spot BTC ETF reached $4.5 million yesterday, the highest daily net outflow since October 2nd. Among them, BITB had the largest outflow of funds, reaching 37.4 million US dollars; Next is GBTC, with an outflow amount of $19.2 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

[CZ Denies Involvement in 'Hunting Wintermute' Rumors] On October 11, CZ responded on social media, stating that the rumors of 'hunting and eliminating Wintermute' are purely false. He mentioned that he has not paid attention to or mentioned 'Wintermute' for several months and emphasized that such matters are not within his scope of interest. CZ also pointed out that Binance's core focus is on developing tools to support user trading, rather than engaging in trading itself, and urged the public not to believe false information.