🔝 Top L1s by Active Addresses in October

With 58M active addresses, BNB Chain beats Near and Solana for the 2nd month in a row. Activity stayed high, as Aster attracted thousands of traders, driving the chain to an ATH in monthly perp volume - $16.8B. Fresh liquidity also fueled meme trading and boosted BNB eco tokens. #BNB #NEAR #SOL

🔄✅ #DYDX held update that adds commission discounts for each market, dynamic commission calculations, etc.

📊👀 #BTC Willy Woo: Liquidity behind Bitcoin starting to make a recovery (see leading signal, dotted line). If this recovery continues, typically price confirms approx 2 weeks later.

🐳 Over 10,000 #BTC bought by whales in the last 24 hours

💰📈 Investment Activity Hits High Level

Despite weak crypto markets and global uncertainty, investors keep allocating capital to projects, supporting the industry. The current focus areas are:

• #AI 32.91%
• Payments 25.88%
• Binance Alpha 15.58%
• Dev Tools 13.07%
• #RWA 12.56%

🔮 #BTC There's now a 48% chance Bitcoin hits $1,000,000 before GTA 6 releases, according to Polymarket.

GTA 6 delayed to Nov 19, 2026

📈 #USDC flipped #USDT in transaction volume for the first time ever. Supply up 129%. Revenue up 63%.

And integrations with Visa, Mastercard, Stripe, Shopify, Solana and Base helped.

🐳 #BTC whales added nearly 30,000 BTC this week, worth nearly $3 billion, while retail panic and #ETF outflows dominate the headlines.

📊🤔 #BTC Cointelegraph: Over $100B in long-held Bitcoin moved as ETFs saw record outflows, sparking debate over whether true OGs or short-term traders are driving the sell-off.

📈👀 #LINK Santiment: Social sentiment around Chainlink hit its most positive level in three years, even as prices declined. This kind of bullish divergence often marks local bottoms.

📉 #ELX Stablecoin Elixir #deUSD is down 83%. Shortly before that, stated they bought back deUSD from 80% of holders.

Stables Labs' stablecoin #USDX fell 44%.

🇺🇸🤝🇺🇿 Trump announces $100 billion trade agreement with Uzbekistan #macro

🐶 #DOGE #ETF Eric Balchunas: Bitwise has filed a Form 8(a) for a spot DOGE-ETF. The 8(a) filing is automatically approved if the SEC does not intervene within 20 days. x

📊 Santiment: the most talked about topics in the crypto space:

1. Pump #SAPIEN and #ALCX;
2. November market: stocks and gold rose, bonds fell, and #BTC rebounded strongly, signaling renewed investor interest;
3. New NYC politics: Zohran Mamdani, the newly elected mayor of NYC, announced a #BTC tax that will require all residents to pay dues.

📈 #BTC #ETH #ETF Yesterday, total net inflows of spot BTC-ETFs totaled ~$239.9 million.

Total net inflows of spot ETH-ETFs amounted to ~$12.5 mln.

🤔 #RWA CEO Coinbase: trading hours and closing markets are obsolete. Tokenized assets will be better for everyone with instant settlement and 24/7 availability.

🇯🇵🕹 Japan's regulator has backed a joint project by three major Japanese banks to create a yen-backed stablecoin. theblock

🔍🐳 Whale Transactions:

1. The Tether wallet withdrew 961 #BTC ($97.18 million) from Bitfinex, possibly buying the drop. It now holds 87,296 BTC ($8.84 billion), making it the sixth largest BTC wallet;
2- Three new wallets withdrew 4,920 #ETH ($16.25 million) from Tornado.Cash and sold for about $3,302.

💸 #BTC Over the past 24 hours, ~$583 million worth of contracts have been liquidated, of which longs have liquidated ~$380 million and shorts ~$202 million.

😃 Andrey Grachev: such market crashes are painful, but they make the market healthier and smarter. Weak companies die, strong ones accumulate resources and power. A rare temporary window of opportunity.

👀 [Trading] Notice on the Designation of Rally (RLY) as a Trading Cautionary Stock upbit #Upbit #Listing