'Machi' Continues Adding Long Positions, Account Unrealized Profit Reaches $86,000

The Finance Committee of the French National Assembly is reviewing ten cryptocurrency amendments in the 2027 budget, including a tax on stablecoin exchange transactions, a cryptocurrency exit tax, and a 10-year measure to carry forward cryptocurrency losses. The proposal to extend the personal wealth tax to cryptocurrency has been rejected, and some self custodial wallet declarations and platform fines are still under consideration. These measures have not yet become law. (Source: Journal du Coin)

A Bitcoin wallet that had been dormant for 16 years transferred 100 BTC, and the asset value increased from $29 in 2010 to $8.3 million. （The Bitcoin Historian）

The Ethereum Glamsterdam upgrade was activated on the Sepolia testnet on October 6th, raising the block gas limit to 200 million, approximately 3.3 times the current main network's 60 million gas. The upgrade includes 18 EIPs, introduces a mechanism for separating proposers and builders within the protocol, supports parallel client verification, and increases the upper limit of smart contract code size. Ethereum Foundation researcher Tony Valstedt stated that after the upgrade, the client execution efficiency has been improved, and the time for Geth to process 40 million Gas blocks has been reduced from about 115 milliseconds to 30 milliseconds. Glamsterdam is expected to be deployed on the Hoodi test network on October 27th, with the main network upgrade target set for the fourth quarter of 2026.

A certain whale held multiple orders worth $352 million, and when ETH fell to $2420, 28720 ETH were liquidated, resulting in a loss of $4.48 million. After liquidation, the whale recharged 10 million USDC and opened an additional 9580 ETH at a price of $2428, worth $23.26 million. At present, the giant whale holds multiple orders worth $288 million, with a floating loss of $9.71 million, including 78950 ETH worth $195 million, and a liquidation price of $2286 to $2299; 1140 BTC worth $93.31 million, with a clearing price ranging from $72198 to $74379.

Pons' revenue in the past 24 hours has dropped to $77000, ranking third in the Robinhood Chain ecosystem protocol revenue ranking, lower than Lighter's $95000 and Arcus' $93000.