Ethereum Temporarily Drops Below $3,800

On October 24th, based on HyperInsight monitoring, in the past three hours, Huang Licheng has closed long positions in ETH and HYPE with a total reduction of $600,000. There still exists a sell order with a take-profit price of $4,000. Currently, the long position in ETH is $9.55 million, with a floating return rate exceeding 110% at one time. The total position value of the address is now approximately $11.23 million, and the principal has increased from $460,000 to $870,000. Yesterday's news: On the 23rd, Huang Licheng opened a long position in ETH at an average price of $3,785 at 5 o'clock, with a nominal value of over $9.6 million and a liquidation price of $3,711. Subsequently, a long position in HYPE was established at an average price of $38.5, with a nominal value of about $1 million. In addition, after ETH touched the $3,700 support yesterday at 5 o'clock, it continued to rise and is now priced at $3,942.

On October 24th, based on HTX market data, the prices of certain tokens in the Base ecosystem have witnessed surges. These include tokens of issuance platforms and x402 protocol tokens. Specifically: The x402 protocol token PING briefly exceeded a market capitalization of $42 million and is currently trading at $36 million, with a 24-hour increase of 970%. VIRTUAL exceeded a market capitalization of $4.2 billion, and the price is currently at $0.846, showing a 24-hour increase of 10.2%. CLANKER exceeded a market capitalization of $55 million, with the price currently at $55, showing a 24-hour increase of 119%. Yesterday, the decentralized social protocol Farcaster announced that the AI Meme token issuance platform Clanker will join its ecosystem. AVNT exceeded a market capitalization of $7.8 billion, with a 24-hour increase of 18.7%. SANTA briefly reached a market capitalization of $20 million, with a 24-hour increase of 202%. In addition, Base ecosystem tokens such as TOSHI, ZOR

On October 24th, as per LookIntoBitcoin's monitoring, the Whale Address bc1q8e withdrew 1,470 BTC from Binance within the past hour. The value of this withdrawal is $163 million.

On October 24th, as per the monitoring of Onchain Lens, a new wallet transferred 2.125 million USDC into Hyperliquid and initiated a 7x leveraged long position in ENA. Currently, the account has set up a TWAP order to further expand its position.

On October 24th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), recently, the address associated with the "1011 Insider Whale" that had a 12-transaction winning streak, namely address "0xc2A", increased its long position in ETH to $132 million and also opened a long position in BTC. Currently, the positions are as follows: With 5x leverage for the long position: approximately 33,271 ETH, with an entry price of $3,897.59 and a position size of $132 million, and an unrealized gain of about $2.1 million; With 4x leverage for the long position: approximately 80 BTC, with an entry price of $110,900 and a position size of $9 million.

On October 24th, the Web3 startup Pieverse in the payment and compliance infrastructure field has completed a strategic financing round of $7 million. This round was led by Animoca Brands and UOB Ventures. The co-investors include 10K Ventures, Signum Capital, Morningstar Ventures, Serafund, Undefined Labs, and Sonic Foundation. Previously, Pieverse had received support from Binance MVB Season 9. Its goal is to timestamp value through verifiable on-chain financial instruments in order to make Web3 transactions more transparent and compliant.