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ChainCatcher news, according to crypto KOL Crypto Fearless revealed about the ATH crash event, there are two versions of the cause: The first version is that the Aethir founder hyped up the price himself, then dumped and opened short positions. The other version is that an internal executive at Aethir, dissatisfied with the founder's unfair profit distribution, teamed up with investor VCs to short the token using leveraged funds, acting as the counterparty to the founder's fundraising and price-pumping capital. This executive attended daily meetings with the boss and other colleagues, fully grasping and participating in all positive news cycles, and during the pump to the peak, placed massive short orders and coordinated with spot token sell-offs, ultimately causing a sharp crash and harvesting the community. In addition, the team also used well-known whistleblower bloggers such as Crypto Encyclopedia to leak daily meeting-level details and many positive actions, leveraging blogger exposure to create bearish public sentiment. No matter which version is the real cause of the ATH crash, the community suffered heavy losses.

BlockBeats News, October 25, according to data from Coinglass, the current funding rates on major CEX and DEX platforms show that after the recent market rebound, funding rates for multiple asset trading pairs have further returned to neutral. Overall, the market still leans bearish, but some trading pairs on certain platforms have started to show positive funding rates. The specific funding rates are shown in the figure below. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, usually applied to perpetual contracts. It is a mechanism for capital exchange between long and short traders. The trading platform does not charge this fee; it is used to adjust the cost or profit of holding contracts for traders, so that contract prices remain close to the underlying asset prices. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates that the market is generally bullish. When the funding rate is less than 0.005%, it indicates that the market is generally bearish.