Bitget App
Trade smarter
News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
No results1Bitget Daily Digest（October 24）｜Ethereum achieves real-time L1 block proof; Solmate surges 40% after $300M financing; Stable’s $825M pre-deposit raises insider concerns2Bitcoin falls below $115,000—is this a delayed reaction to the sale of 80,000 BTC?3Research Report｜In-Depth Analysis and Market Cap of aPriori (APR)
Flash
- 08:00Glassnode: "Diamond hands" BTC holdings decrease, creating greater resistance to price increases; current dip-buying funds have not generated enough demand to absorb selling pressure.ChainCatcher News, Glassnode posted on social media that the illiquid supply of bitcoin has started to decline, with about 62,000 BTC moving out of long-term dormant wallets since mid-October. When illiquid supply decreases, more tokens enter the circulating market. If there is a lack of strong new demand, the upward price trend will face greater resistance. In this cycle, illiquid supply was originally an important driving force, but the recent reversal has broken this trend. Historically, similar supply inflows have often weakened market momentum—there was a larger outflow of 400,000 BTC in January 2024. Although the current change is relatively mild, the trend is worth paying attention to. Interestingly, whale wallets have continued to accumulate during this period. Over the past 30 days, whale holdings have steadily increased, and there has been no large-scale sell-off since October 15. The largest and most sustained outflows mainly come from wallets holding 0.1-10 BTC (equivalent to assets of $10,000 to $1 million). This group has maintained a net selling trend since November 2024. Momentum traders have basically exited, and bottom-fishing funds have not generated enough demand to absorb the selling pressure. As first-time buyers remain on the sidelines, this supply-demand imbalance will continue to suppress prices until stronger spot demand emerges.
- 07:36Shenyu previously published an article on September 17 introducing x402, AP2, and ERC-8004.Jinse Finance reported that Cobo co-founder and CEO Shenyu released a long infographic on September 17 introducing x402, AP2, and ERC-8004, with the accompanying text: When AI learns to spend money: from x402 to AP2, then to ERC-8004, exploring how to make Agents become true economic entities. According to the infographic, AP2 and x402 are payment and settlement infrastructures, ERC-8004 is an on-chain AI Agent registry, and the combination of the three represents "the first time the crypto industry has a complete technology stack enabling machines to become economic entities."
- 06:46Market news: An Aethir executive, together with investor-backed VC leveraged funds, is shorting, acting as a counterparty to the founder’s fundraising and price-pumping efforts, dumping tokens to harvest profits from the community.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.