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1Bitget Daily Digest(October 11)|Trump Announces 100% Tariffs on China, Triggering Market Turmoil; Crypto Industry Liquidations Exceed $19.1 Billion in 24 Hours, Setting New Record.2Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist3US–China Tariff Fears Hit Bitcoin Treasury Stocks
Flash
- 17:42Bitmine increases holdings by 27,256 ETH, worth approximately $104 millionForesight News reported, according to monitoring by Lookonchain, Bitmine increased its holdings by 27,256 ETH today, worth approximately $104 millions. Tom Lee stated that today's price drop is a healthy market shakeout, and the market may rise within a week.
- 17:42Ethena Labs: Multiple independent third-party institutions have confirmed that USDe still has approximately $66 million in excess collateral.Foresight News reported that Ethena Labs stated, "USDe proof of reserves is typically provided weekly by independent third-party verification institutions, including companies such as Chaos Labs, Chainlink, Llama Risk, and Harris & Trotter. In response to community requests, we have provided an off-cycle proof of reserves based on market events in the past 24 hours, which is linked below this announcement. All of these independent third parties have confirmed that USDe remains overcollateralized by approximately $66 million."
- 17:42Data: Market crash wipes out over 1,000 wallets on Hyperliquid, with 205 wallets losing more than $1 million eachForesight News reported, according to monitoring by Lookonchain, that during the market crash, more than 1,000 wallets on Hyperliquid were completely wiped out, losing all their funds. In total, over 6,300 wallets were in a loss position, with cumulative losses exceeding 1.23 billions USD. Among them, 205 wallets lost more than 1 million USD, and over 1,070 wallets lost more than 100,000 USD.