Analysis: Bitcoin’s 365-day Sharpe ratio has fallen to its lowest level since 2022, a metric that has repeatedly correlated with bear market bottoms historically.

According to monitoring by OnchainLens, this morning, the bankrupt wallet addresses of Alameda Research and FTX unstaked 201,740 SOL tokens valued at approximately $15.2 million. The funds have been transferred to multiple BitGo-custodied wallets and are likely intended for creditor compensation.

Morph Network has officially announced the launch of Morph Payments, an enterprise-grade stablecoin payment platform positioned to serve global business needs. Enterprises can register via email; once a payment link is generated, customers can settle stablecoin payments using any wallet and network, with funds arriving in seconds. Recipients may select their preferred blockchain network to receive funds, while the payment side supports both one-off and bulk transfers to suppliers, employees, or contractors. Morph Network noted that the platform is purpose-built for real-world business scenarios, covering end-to-end global capital flow requirements from collection to disbursement.

An #Ethereum ICO participant "0xB749" transferred all 2,680 $ETH($5.04M) to new wallets after being dormant for 11+ years. He invested only $831 in the ICO and received 2,680 $ETH — now worth $5.04M, a 6,068x return!

According to EmberCN’s monitoring, four large whale addresses have recently opened concentrated short positions on Bitcoin near the $64,000 level, totaling $340 million in value. Details of the positions are as follows: Address 1 shorted 1,792 BTC worth $114 million at an entry price of $63,999; Address 2 shorted 1,576 BTC worth $100 million at $64,038; Address 3 shorted 1,200 BTC worth $76.45 million at $64,418; Address 4 shorted 806 BTC worth $51.35 million at $64,398.

Gyeong-seol Min, head of the Innovation Growth Division at South Korea’s Ministry of Economy and Finance, stated that South Korea plans to allocate between 600 billion won (approximately $424 million) and 1 trillion won (around $707 million) in new funds next year to a new sovereign wealth fund targeting strategic industries such as AI. The final investment amount could exceed initial expectations, depending on the specific targets selected and their funding requirements. Min added that there are currently no plans for the fund to make direct investments in Samsung Electronics or SK Hynix. In July this year, the South Korean government announced it would establish a new "Strategic Industry Investment Account" under the Korea Investment Corporation (KIC), with initial funding of at least 20 trillion won (approximately 94 billion yuan). The fund’s investment scope includes AI, semiconductors, data centers, core overseas supply chain enterprises, and other related sectors. The government plans to officially launch and operate the "Korea-style sovereign wealth fund" next year, which will also target infrastructure such as robotics, energy, batteries, and power grids. Nuclear energy, space, and quantum technologies are also under consideration for inclusion.

According to monitoring by OnchainLens, Abraxas Capital has transferred its holdings of 101,000 gold tokens XAUT, valued at approximately $43.92 million, to another wallet. Over the past three days, the firm has moved a total of 254,000 XAUT (around $110.46 million) between two wallets, with the majority of its XAUT holdings originating from Bitfinex. The total holdings of its associated wallet cluster stand at 1.3792 million XAUT, worth roughly $600 million.