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Quick Take Summary is AI generated, newsroom reviewed. Solana achieved 100,000 TPS during a major liquidation event. Agave client handled 6x peak traffic and 60 million compute units per block. Event coincided with $597M crypto liquidations and Bitcoin volatility. Highlights Solana’s scalability and DeFi resilience compared to Ethereum and other blockchains.References X post reference
Bitcoin plummeted from over $120,000 to $111,000 after Trump announced a 100% tariff on China. The cryptocurrency market dropped by more than 10% within a few hours.
Quick Take Summary is AI generated, newsroom reviewed. BlackRock clients sold $80.2 million worth of Ethereum, sparking debate over institutional sentiment. The Ethereum sell-off signals growing caution amid volatile market and liquidity tightening. Analysts see the move as either strategic rebalancing or a short-term bearish signal. Ethereum’s long-term outlook depends on network upgrades and renewed investor confidence.References JUST IN: BlackRock clients sell $80.2 million worth of $ETH.
Quick Take Summary is AI generated, newsroom reviewed. Ethereum ETF outflows reached $175 million, marking a sharp decline in investor confidence. Bitcoin ETF inflows remained stable with minimal $4.5 million withdrawals, showing resilience. Regulatory uncertainty and reduced DeFi activity contributed to Ethereum’s weakening sentiment. The latest crypto investment trends suggest a continued shift toward Bitcoin as the preferred institutional asset.References 🚨 UPDATE: $ETH ETFs saw $175M in net outflows w
Quick Take Summary is AI generated, newsroom reviewed. BitMine faces a $1.9 billion unrealized loss on its ETH holdings. The company has a history of buying Ethereum during price drops. Analysts warn of risk from share dilution and market timing. Investors await BitMine’s next move amid ongoing market pressure.References Bitmine now has a floating loss of $1.9B on its $ETH holdings. Are they going to buy the dip?
Unichain empowers UNI by mitigating the negative impacts of MEV through a built-in MEV redistribution mechanism, fast confirmation times, and transparent transaction ordering rules, but it cannot completely eliminate MEV.
The PIPE transaction led by Antalpha has made Aurelion the first purely Tether Gold (XAU₮) treasury on Nasdaq, offering yield, transparency, regulatory compliance, and daily on-chain verification.
- 18:32Bitmine's average cost price for Ethereum is around $4,526, facing an unrealized loss of approximately $2.076 billion.BlockBeats News, October 11, according to strategicethreserve data, the largest Ethereum holding institution, Bitmine, increased its holdings by 27,256 ETH today. It now holds a total of 2,857,407 ETH, with a total acquisition cost of $12.934 billions and an average price of approximately $4,526 per ETH. Based on the current ETH price of $3,800, the current value of its portfolio is about $10.858 billions, facing an unrealized loss of approximately $2.076 billions.
- 18:11Data: If BTC surpasses $117,455, the cumulative short liquidation intensity on major CEXs will reach $2.855 billions.According to ChainCatcher, citing data from Coinglass, if BTC breaks through $117,455, the cumulative short liquidation intensity on major CEXs will reach $2.855 billions. Conversely, if BTC falls below $106,340, the cumulative long liquidation intensity on major CEXs will reach $2.075 billions.
- 17:59Privacy coin ZEC quickly rebounds to pre-crash levels after market plungeJinse Finance reported that privacy coin Zcash (ZEC) quickly rebounded after a sharp plunge in the crypto market, returning to its pre-crash level. ZEC was affected by the market yesterday and once plummeted 45%, dropping from around $273 to $150, but then strongly recovered, reaching a high of $291. It is currently around $273, only 5.5% below its peak.