[Black Swan Event Hits Crypto Market, Majority of Altcoins Drop Over 80%] According to HTX data, a black swan event occurred in the cryptocurrency market on October 11, with the prices of most altcoins dropping by more than 80%.
24/7 Flashes
More >「Unlock」APT to unlock 11.3 million tokens, accounting for 1.131% of total supply
APT will unlock 11.3 million tokens today, valued at approximately $40.94 million, accounting for 1.131% of total supply. The current circulating supply is 540 million tokens, with a total supply of 1 billion tokens.
((Crypto.com)) and Wintermute Refute Collapse Rumors, Confirm Normal Operations
((Crypto.com)) CEO Kris Marzsalek stated that the company's systems are operating normally and dismissed recent rumors about the platform's status as 'baseless FUD.' Meanwhile, Wintermute executive Arn Wintermute also expressed confusion over similar rumors and emphasized that the company's operations remain unaffected. Previously, some Telegram channels circulated claims that the two companies had 'suffered heavy losses or liquidations,' but no official announcements of anomalies or downtime have been observed. Multiple users reported that withdrawals and transaction processing are functioning normally, with no signs of service interruptions.
巨鲸做空加密货币单日获利近8000万美元
[Ancient Whale Shorts Cryptocurrency, Earning Nearly $80 Million in a Single Day] According to on-chain analysts, a 'BTC ancient whale' opened a high-leverage short position worth $1.1 billion 17 hours ago, including 10x shorting BTC and 12x shorting ETH, and has currently profited $78.56 million. Among them, address 0x2ea...923f4 has closed its position and realized a profit of $72.31 million, while another address still holds a position of 821.6 BTC with an unrealized profit of $6.25 million.
比特币 OG 平仓大部分空头头寸,获利超 1.6 亿美元
[Bitcoin OG Closes Most Short Positions, Profits Exceed $160 Million] According to data monitored by Lookonchain, a veteran Bitcoin OG has liquidated most of their Bitcoin and Ethereum short positions, leaving only a short position of 821.6 BTC, valued at approximately $92 million. The total profit from this trading operation has exceeded $160 million, demonstrating their precise market judgment.
Dovey推测本次暴跌或因Binance大机构爆仓
[Dovey Speculates This Crash May Be Due to a Major Liquidation on Binance] On October 11, crypto KOL Dovey stated that the recent market crash might be caused by a major institution using cross-margin on Binance being liquidated. She pointed out that USDe briefly dropped to $0.6 on Binance, while prices on other platforms remained relatively stable, and there was a noticeable divergence in volatility between tokens listed on Binance and those not listed. The specific reasons still require further analysis.