Flash News

TREE NEWS reports: Crypto futures liquidations across exchanges reached $455 million in a single hour, with long positions accounting for $427 million, or roughly 93.7% of the total, while short liquidations were just $28.57 million. Binance led with $263 million, about 58% of the total, followed by Bybit at $68.49 million, Gate at $36.97 million and OKX at $30.7 million, all dominated by longs. HTX was the outlier: over 94% of its $20.1 million in liquidations came from shorts.

TREE NEWS reports: Bitcoin fell 3.0% during the day to trade at $80,912.47. The intraday drop put the largest cryptocurrency at that level as of the latest reading. No further details were immediately available.

TREE NEWS update: Decrypt is launching self-custodial Money Accounts on Solana, a single platform it says will power Earn, Swaps, Predictions and Perps as the outlet builds out its financial and intelligence market. The product is positioned as one account for on-chain financial activity on Solana.

TREE NEWS update: Astroport has ended tokenholder governance on Neutron and Terra, moving protocol control to contributors who will run it through DAO DAO organizations. vxASTRO holders retain the normal unlock process, and ASTRO emissions are set to zero. The change shifts decision-making away from the ASTRO tokenholder vote.

TREE NEWS reports: Machi Big Brother (Jeffrey Huang) has reduced his ETH long position by roughly 16,600 ETH since 23:00 on Oct. 8, realizing a loss of about $2.63 million. He still holds a 10,000 ETH long worth around $24.5 million, opened at an average price of about $2,626.94, with an unrealized loss of roughly $1.77 million and a liquidation price near $2,418.47.

TREE NEWS reports: A wallet shifted 150 million USDT out of Aave, leaving the protocol’s Ethereum USDT reserve with $169.54 million in available liquidity on Oct. 8. The withdrawal coincided with double-digit borrowing rates on the reserve, while the funds moved into Spark Savings.

TREE NEWS reports: The US government moved roughly $1 billion in seized Bitcoin, following earlier transfers totaling $770 million. The wallet is tied to funds recovered from the Bitfinex hack. On-chain analysts identified the government address as the source of the movements.

TREE NEWS reports: Glassnode co-founder has identified 6.26 million BTC held in addresses with publicly exposed keys, a balance that has grown by 222,000 BTC since May. Over the same period, total Bitcoin supply increased by only 64,000 BTC, meaning the exposed share is rising faster than new issuance.

TREE NEWS reports: Yandex said it cannot yet confirm whether data centre equipment in Russia’s Ryazan region can be restored. The Russian internet portal did not provide further details on the status of the affected equipment or the cause of the disruption.

TREE NEWS reports: Bitcoin traded near $82,000 on Thursday, with analysts at QCP projecting a fourth-quarter trading range of $80,000 to $90,000. The pullback leaves the largest cryptocurrency holding just above the lower bound of that forecast band as the quarter gets underway.

TREE NEWS update: Dongchedi said its 100 km/h brake test on the Zunjie V800 was not an extreme condition, after the car’s brake pedal bracket broke three times at the same spot. The outlet said the test is a basic part of vehicle evaluation and a scenario many drivers encounter at highway speeds. It called the repeated fractures a potential safety hazard and said this was the first time such a break appeared in its program.

TREE NEWS reports: Crypto lending activity has climbed 55% since July, as the sector rebuilds after its 2022 collapse. The renewed growth is bringing back old dangers, including AI-assisted hacks and cascading losses across interlinked protocols, alongside guidance on how users can limit their exposure.

TREE NEWS update: A statement circulating online purporting to be from HarmonyOS Smart Mobility about a brake pedal bracket fracture during testing of the Zhuangjie V800 is not authentic, a person familiar with the matter said. The alleged test incident drew attention earlier in the day. The source did not provide further details on the testing event itself.

TREE NEWS update: Sui-based Bitcoin finance protocol Hashi has secured more than $500 million in commitments ahead of its mainnet launch. Anchorage will provide institutions with settlement and self-custody services for the platform.