The main force lacks confidence in the future market
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HTX-BTC perpetual contract is now reported at $11307.1. According to market contract position analysis, the main force lacks confidence in the future market, and the price may decline. Please hold positions reasonably and control risks
[Multicoin Capital Transfers 210,000 AAVE to Specified Address]
Nansen monitoring shows that Multicoin Capital recently purchased 210,000 AAVE, with a total value of approximately $51.32 million. These tokens were withdrawn from Binance, OKX, and Bybit to the Galaxy Digital OTC wallet over the past 11 hours and transferred to the 0x73AC address half an hour ago. The 0x73AC address has been labeled as owned by Multicoin Capital. (Yujin)
OKX announces the launch of Spark USDC, officially going live on 2025-10-10 at 16:00 (UTC+8).
Notes:
- The event is limited to main accounts; sub-accounts are not eligible to participate.
- The platform reserves the right to delay reward distribution due to risk control checks or other reasons.
- OKX reserves the right to convert rewards into platform vouchers or USDT of equivalent or lower value.
[Ethena Founder Praises Binance for Compensating Affected Users]
On October 12, Binance pledged to fully compensate stablecoin users affected by liquidation losses, with a total amount of approximately $283 million. Ethena Labs founder Guy Young posted on X, commending Binance for its swift response and efforts to rebuild user trust. He stated that the partnership between the two parties remains unaffected by the incident and that they will work together to optimize risk management solutions, with related updates expected to be announced this week.
[CryptoQuant: Stablecoin Inflows Reach $3.2 Billion, Setting Monthly High]
Data shows that recent stablecoin inflows have increased by $3.2 billion, marking the highest level in the past month. Analysts believe this indicates that the market is making significant preparations for the upcoming CPI data release, or it may signal potential market volatility. (CryptoQuant)
[Revolut's UK Banking License Approval Stalled Due to Risk Control Issues]
According to the Financial Times, London-based digital finance company Revolut's application for a UK banking license has stalled due to regulatory concerns over its risk control systems. Regulators have questioned whether the company's existing risk management framework can support the rapid expansion of its overseas business. Previously, in 2024, Revolut obtained a UK banking license with certain restrictions, which was seen as a significant step toward achieving its goal of going public.