[CZ Shares Opinion: Current Market May Be a Good Opportunity to Buy the Dip] On October 11, Binance founder CZ shared the opinion of weRate co-founder Quinten on social media. Quinten mentioned that during the COVID-19 pandemic, the market crash resulted in $1.2 billion in liquidations, the FTX incident led to $1.6 billion in liquidations, while the current market liquidation amount has reached $19.31 billion, hinting that this may be a similar buy-the-dip opportunity as during the COVID crash.

[1,207 BTC Transferred from Antpool to Unknown Wallet] According to Whale Alert monitoring, Antpool has transferred 1,207 BTC (approximately $135 million) to an unknown wallet address.

[Binance Futures Top 1 User Earns $3.881 Million from Short Positions] According to on-chain analysts, the highest earning account on Binance Futures in the past 24 hours, Dumbass1, profited $3.881 million through short positions, primarily involving assets such as SUI, DOGE, and XRP. The account opened positions on the evening of October 9 and took profit during the market crash in the early hours of the following day.

[CZ Responds to False Claims About Nationality: Has Been a Canadian Citizen for 30 Years] In response to investigative journalist Laura Loomer's statement on the X platform claiming that CZ holds UAE nationality and is a Chinese citizen, CZ clarified that he has been a Canadian citizen for 30 years and is not a Chinese citizen. He emphasized that UAE nationality has nothing to do with stereotypes and criticized the other party for not verifying publicly available information, questioning the motives behind her statements.

[dForce Founder: USDe Crash Bears Similar Risks to UST Incident] On October 11, dForce founder Mindao published an article pointing out that the USDe crash is similar to the previous UST incident, both stemming from non-fiat stable assets being accepted as collateral at high collateralization rates, leading to risk spreading across trading platforms. He believes that the combination of market price feeds and high collateralization rates, along with the low arbitrage efficiency of centralized exchanges, further amplifies the risks. Additionally, LSD-type assets also face similar issues, essentially being volatile assets disguised as stable assets.