BTC falls below the $107000 mark

[Mysterious Whale: Two Wallets Liquidated, Loss of $2.91 Million] The price of ENA plummeted, causing a mysterious whale to be liquidated. Assets in its two wallets were completely wiped out, resulting in a total loss of $2.91 million. (Lookonchain)

[U.S. stocks drop sharply in the short term, S&P 500 Index falls over 1%] The U.S. stock market experienced a short-term plunge, with the S&P 500 Index falling over 1%. Investor sentiment has become increasingly volatile, putting pressure on market performance.

[BTC Whale Increases Short Position to 657 BTC, Unrealized Profit of $472,000] On October 22, the mysterious whale who previously went long on $250 million worth of BTC and ETH has once again increased their BTC short position, growing from 299.69 BTC to 657 BTC, with a total value of approximately $70.9 million. The entry price was $108,530, and the current unrealized profit stands at $472,000. This address has opened positions seven times in the past half month, achieving a 100% win rate.

[a16z Report: Stablecoin Annual Transaction Volume Reaches $46 Trillion] a16z released the 'State of Crypto 2025' report, which shows that the crypto market continues to expand, with estimated monthly active users reaching 40 to 70 million, exhibiting a 'price-developer-user' feedback loop. The fastest-growing region for on-chain activity is in developing countries, with developers active in ecosystems such as Ethereum (including L2), Solana, and Bitcoin. Additionally, the annual transaction volume of stablecoins has reached $46 trillion, which is 20 times that of PayPal and 3 times that of Visa.

[Limitless Team Sells 5 Million Tokens for $2.3 Million Profit] The Limitless team transferred 5 million LTMS tokens to a designated wallet and quickly sold them, earning a profit of $2.3 million. Subsequently, the team transferred another 10 million tokens for further selling operations. The team's initial wallet address is 0x3c583Be48D2796534f8FC8EA214674Ff055d01d7, and the dumping wallet address is 0xBF3132977d9801506deF8E927c4Ff06E5b0801d1.