Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

Per Arkham monitoring, over the past 24 hours, two addresses tagged by Arkham as linked to Morgan Stanley’s MSBT Bitcoin ETF withdrew roughly 1,146.118 BTC in two transactions from Coinbase Prime, valued at ~$96.4 million. Since the start of this month, the fund’s associated addresses have cumulatively received ~1,802.57 BTC, worth ~$148 million. Key address: bc1q5303sd397ev0l67w7jyfug7xs3xgqs6ccayh0a

According to TradingBeats monitoring, multiple large crypto addresses have initiated concentrated HYPE unstaking operations today. Excluding the Kinetiq staking management address, five addresses collectively unstaked approximately 983,600 HYPE, valued at around $90.44 million. The breakdown is as follows: 0x8b...d914 initiated unstaking of 391,800 HYPE (~$35.99 million); 0x0a...b0ad unstaked 209,600 HYPE (~$19.24 million); 0x15...d3fd unstaked 146,400 HYPE (~$13.46 million); 0x55...c32a unstaked 135,700 HYPE (~$12.46 million); and 0xd2...8321 completed unstaking of 100,100 HYPE across six transactions (~$9.29 million). Notably, these operations are only "initiated unstaking" and do not mean the HYPE is available for trading. Hyperliquid’s native staking process requires users to first unstake from validators, then transfer funds from Staking Balance to Spot Balance, with a seven-day waiting period before HYPE becomes tradable. As a result, this batch of HYPE cannot currently be sold, transferred, or restaked. The five verifiable addresses initiated the operations around 12:33 on September 24, and are expected to unlock at the same time on October 1.

CryptoQuant analyst Darkfost noted in a post that Bitcoin’s Short-Term Holder (STH) cost base has confirmed crossing above that of Active Long-Term Holders (LTH), signaling a shift in market momentum, leading him to conclude that Bitcoin’s bull market has been confirmed. This marks the 5th occurrence of this signal in history, though he stressed the relevant indicator still carries a risk of misjudgment. "Active LTH" is defined as long-term held Bitcoin that has moved at least once in the past seven years, to exclude long-term dormant or non-circulating BTC. Currently, over 3.5 million BTC held for more than 10 years remain dormant, with this supply growing by an average of 8,000 to 30,000 BTC monthly. Since 2019, this indicator has only recorded one instance of negative growth, triggered by an early miner reactivating and transferring roughly 100,000 BTC—a relatively isolated event. Darkfost argues the current signal reflects positive shifts in the Bitcoin market, with ETF liquidity inflows serving as one of the driving factors.

According to market sources, the Season 2 points campaign of on-chain trading terminal Genius, in which YZi Labs has invested, has undergone adjustments. The platform originally promised to unlock 70 million GENIUS tokens on October 25 to incentivize user trading and points accumulation, but subsequent changes were made. Previously, official documents stated that Season 2 would run from April 10 to August 10, with 1.5 million points distributed daily; recently, the platform’s page has been updated to remove the season’s stated end date, and daily points have been cut to 50,000. CoinMarketCap data shows that the unlock time for the 70 million tokens has been delayed to February 2028. Some participants are demanding that tokens be unlocked as originally scheduled, or that relevant fees from Season 2 be refunded.

According to Lookonchain’s monitoring, after a one-week pause, Multicoin Capital has once again deposited 130,331 HYPE tokens into Coinbase Prime, valued at approximately $12.15 million. Since July 28, the firm has cumulatively deposited 4.23 million HYPE tokens into Coinbase Prime, with a total value of around $285 million.

After a one-week break, #MulticoinCapital deposited another 130,331 $HYPE ($12.15M) into #CoinbasePrime. Since July 28, #MulticoinCapital has deposited a total of 4.23M $HYPE ($285M) into #CoinbasePrime.