📈 Total trading volume of open-ended DEX futures reached a record $1.2 trillion in October, nearly double the previous month. Leading the growth were Lighter, Aster, EdgeX, Pacifica and ApeX, all of which posted record monthly volumes.
Hyperliquid stood out among the major DEXs with a share about 16% below its peak two months earlier.

🏴‍☠️ #WELL Moonwell was hacked today for >$3.7M. The hacker exploited a vulnerability in the oracle wrsETH/ETH Chainlink.

🔝 Leading chains by Capital Inflow in the last 30 days

Net asset flow is a powerful indicator of on-chain growth and capital trends, helping identify which blockchains are gaining the most traction. #BNB #AVAX #LINEA

🇺🇸📉 #ETH CQ: The Coinbase Premium Index for ETH just plunged to -0.057, its lowest since April. This means US investors are selling, with Coinbase prices now below Binance — a clear bearish signal.

The shift marks a profit-taking phase after months of strong US demand from May to September.

📊👀 #BTC Santiment: Bitcoin’s 12% drop versus the S&P 500’s 1.6% dip may signal an oversold setup and potential relief rally ahead.

📊🤔 #BTC CQ: When price attempts to recover and reaches the STH realized price, we see immediate profit-taking or break-even exits. These reactions create overhead resistance and make it harder for price to break higher.

📊📉 #BTC Checkmate: 63% of capital invested has a cost basis above $95k.

$95k is what I believe is the bulls last stand, because as price falls below that level, unrealised losses will swell significantly.

Losses are -$20B today, and this is around 3% of the market cap in relative scale.

📊👀 10xResearch said shorting #ETH could serve as a hedge against #BTC, citing structural risks in Ethereum and weakening institutional demand. cointelegraph

🇺🇸📉 Yesterday, the U.S. stock market capitalization fell by $730 billion.

🇺🇸 White House says President Trump has "officially ended the Biden administration's war on the cryptocurrency industry."

#BNB Also notes that "CZ's pardon has been treated with the utmost seriousness." cointelegraph.com

😨 #BTC CQ: BTC could fall to $72,000 by the end of the year if the $100,000 level doesn't hold. theblock.co

🔮 Gemini plans to launch prediction marketplace contracts. theblock

✏️ Arthur Hayes posted a new article predicting market volatility, especially until the U.S. government shutdown ends. Noted that since the four-year #BTC cycle is near, many will take this period of market weakness as a top and sell the portfolio.

🍿 #FTT On Tuesday before the U.S. Court of Appeals for the Second Circuit, SBF's attorney argued that clients would have gotten refunds if there had been enough time. However, the justices rejected that claim. theblock

📊 #BTC CQ: Short-term holders (STH) continue to send their BTC to exchanges at a loss. Just yesterday we saw ~30,300 BTC sent to exchanges, reflecting a growing wave of capitulation among recent buyers.
Every time the price tries to recover and reaches the STH realization price (currently ~$112,500), we see immediate profit taking or breakeven exits. These reactions create resistance and make it difficult for price to rise.

📉 #BTC #ETH #ETF Yesterday, total net outflows of spot BTC-ETFs totaled ~$566.4 million.

Total net outflows of spot ETH-ETFs amounted to ~$219.4 mln.

🐳 Despite the recent drop in #ETH , many whales have been buying the drop, accumulating 323,523 ETH ($1.12 billion) in the last 2 days.

🔍🐳 Whale Transactions:

1. Miner MARA transferred a total of 2348 #BTC ($236 million) to CEX;
2. HEX, PulseChain, and PulseX founder transferred 112,978 #ETH ($366.4 million) to Tornado Cash;
3. BTC OG (1011short) invested another $20M into HyperLiquid to continue to increase his longs in #BTC and #ETH.
Current positions:
- 600 #BTC ($60.9 million), Entry: $104,785.9, Liquidation: $43,160;
- 13,000 #ETH ($43 million), Entry: $3,444.81, Liquidation: $593.38.

💰 Canaan miner raises $72 million from top investors including Brevan Howard and Galaxy Digital. theblock.co

🕵️‍♂️ Whales close shorts and move into longs:

1. 0x9263 closed shorts and opened longs on #ETH, #BTC, #SOL and #UNI. He has made 20 profitable trades since Oct. 1 for a total profit of $23.7 million;
2. Whale moved from short to long 32,802 #ETH ($109 million). Also holds shorts #ASTER, #kPEPE, long #DOGE.

📊 Top blockchains by DEX volume growth over the last 30 days.