Glassnode: Crypto Market Funding Rate Drops to Lowest Level Since 2022 Bear Market

On October 13th, according to Coinglass data, if Bitcoin rebounds and goes above $11.8, the cumulative short liquidation intensity of mainstream CEX will reach $1.303 billion. Conversely, if Bitcoin drops below $11.2, the cumulative short liquidation intensity of mainstream CEX will reach $1.651 billion. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it reaches a certain level. Higher "liquidation bars" indicate that the price will have a more intense reaction due to a liquidity avalanche when it reaches that level.

On October 13th, "Brother" Huang Licheng was operating with the highest leverage and held the following long positions: · BTC: with a leverage of 40 times. · ETH: with a leverage of 25 times. · HYPE: with a leverage of 10 times. With a balance of $1,143,900 in his account, Machi also used 1 ETH in the spot market to purchase 1,959 CREAM tokens.

On October 13th, as monitored by OnchainLens, a wallet connected to Christopher Heymann, the Co-Founder of 1kx Fund, transferred 2 million USDC into HyperLiquid and reactivated a 10x leveraged long position in ENA. Before this, he had put $4.22 million into HyperLiquid but was liquidated during a recent market crash.

On October 13th, as monitored by EmberCN, the day before yesterday, a whale that panicked and sold ETH at $3,764 carried out a classic "buy high, sell low" operation. It first drove up the price and then re-entered at a price of $4,159. They repurchased 7,817 ETH 3 hours ago with 32.511 million DAI. This round of selling low and buying high led to a loss of 820 ETH (approximately 3.4 million USD) in their position.

On October 13th, as per the monitoring of OnchainLens, with the continuous rebound of the market, the whale that opened a 25x leveraged long position in ETH yesterday has successfully retrieved the initial investment. The current unrealized profit is approximately $8 million, and the total profit is $5.8 million. BlockBeats reported yesterday that the address 0xb9f...6d365 deposited 9.5 million USDC as collateral to Hyperliquid and then initiated a 25x long position for 18,960.93 ETH, which is worth $70.76 million. The entry price was $3,717.76, and the liquidation price was $3,282.87.

On October 13th, with the rapid permeation of AI video generation technology on the internet, Musk's xAI is constructing a "Truthiness Detective" tool. Recently, Musk responded to a netizen's concern on the X platform, stating that Grok is about to acquire the ability to identify AI-generated videos and trace their online origins in order to address the spreading deepfake content. Grok's official X disclosed that Grok's upgrade feature will be capable of directly analyzing AI-generated features in the video bitstream and identifying subtle traces left during the compression or generation processes. These features are often imperceptible to the naked eye but can expose the authenticity of the content. (Jin Shi)