Glassnode: By the end of October, most recent altcoin buyers had exited at a loss, with speculative fervor cooling significantly.

According to TradingBeats monitoring, ZEC on Hyperliquid is currently trading at $1,147.6, down roughly 9.76% since 00:00 yesterday. It has fallen about 32.29% from its September 27 high of $1,695, and around 17.50% from its November 6 rebound peak of $1,391. The market downturn has caused large funds’ long positions to be breached. Among the 28 ZEC long positions across the market each holding over $1 million, 22 are now in unrealized losses (accounting for ~78.6%), with total unrealized losses of around $10.89 million. While the remaining 6 accounts remain profitable, after hedging, these 28 addresses still show a net unrealized loss of approximately $3.26 million overall. These 28 whale addresses hold a total of ~$143 million in ZEC long positions, with a position-weighted average entry price of $1,173.79. The current price is about 2.23% below their overall cost line, putting longs under broad pressure. The largest long position, address 0x60b0, currently holds ~$19.15 million with an average entry price of $1,179.65, resulting in an unrealized loss of ~$534,900. The address with the largest loss, 0x2b61, holds ~$7.81 million with an average entry price of $1,453.56, posting an unrealized loss of ~$2.0826 million.

Beating AI News Flash: Anthropic’s IPO enters its final stretch. The company will kick off its roadshow as early as November 10 (US time) to market its shares to investors, aiming to price its IPO ahead of Thanksgiving Day on November 26 and list on the Nasdaq under the ticker symbol ANT. Anthropic also plans to host an IPO livestream this Friday (the 13th) at noon in New York, where CEO Dario Amodei will hold a conversation with JPMorgan Chase CEO Jamie Dimon to boost the IPO’s profile. JPMorgan is one of the 22 banks involved in the IPO, responsible for US retail sales and share distribution. Anthropic is considering allocating 15% to 20% of its issued shares to retail investors. The livestream format is similar to the event Elon Musk hosted for SpaceX’s IPO in June this year, but on a smaller scale. Meanwhile, a mix-up occurred with Anthropic’s prospectus documents. A copy obtained by Reuters showed the company originally planned to issue around 867 million shares, priced at $70 to $80 per share, corresponding to a fundraising of roughly $60.7 billion to $69.3 billion. However, Anthropic later sent an email to underwriting banks stating the pricing information was incorrect and promised to provide an updated version. Previously, Anthropic had aimed to raise funds at or exceeding the $86.2 billion IPO record set by SpaceX this year. But following the recent sell-off in AI tech stocks, investors have started re-evaluating its value. Potential investors are currently discussing a valuation of around $1.1 trillion to $1.3 trillion, lower than the earlier expectation of up to $2 trillion.

Glassnode published a report stating that altcoin trading volumes have returned to normal levels. In September, the total trading volume of altcoins once surged to four times that of Bitcoin. Speculative altcoin activity coincided with a local market peak, when Bitcoin’s price hit a high of roughly $87,000.

Token creators who made huge profits appear to be selling $SOL! Wallet 2MdNva collected large amounts of $SOL from multiple token creator wallets and sent it to exchanges. Over the past 16 hours, it deposited a total of 299,838 $SOL ($26M) into #Binance and #OKX.

According to TradingBeats monitoring, a crypto whale that began shorting SanDisk on October 15 nearly liquidated its entire SanDisk short position early today, after holding the position for about 25 days, while sharply cutting its stake in triple-leveraged semiconductor ETF SOXL. The two trades combined generated a closing profit of approximately $2.412 million. Specifically, the SanDisk short position was almost fully covered, totaling $5.418 million, with a realized profit of around $1.446 million, at an average closing price of $885.8. The SOXL short position was covered by nearly 70%, amounting to $4.272 million, yielding a profit of about $965,000, with an average closing price of $54.18. After taking profits, the whale still retains short positions in the storage and semiconductor sectors. Current main remaining positions include: - Micron (MU): Short position valued at approximately $5.761 million, average entry price $823.03, unrealized profit of around $747,000; - Intel (INTC): Short position worth $3.491 million, average entry price $67.44, unrealized profit of about $523,000; - SOXL: Short position valued at $2.058 million, average entry price $66.42, unrealized profit of roughly $433,000. On the long side, the address still holds a long position in Moderna (MRNA) worth around $3.177 million, with an average entry price of $207.66, unrealized profit of approximately $731,000, and a position return of about 89.6%. Additionally, it holds short positions in Bitcoin (BTC) worth about $12.42 million and HYPE worth $7.63 million, with unrealized profits of roughly $369,000 and $1.627 million respectively.

According to Lookonchain's monitoring, wallet address 2MdNva received a large amount of SOL from multiple token creator wallets over the past 16 hours, and transferred a total of 299,838 SOL to Binance and OKX, valued at approximately $26 million.