10 #Bitcoin ETFs inflows 2,586 $BTC(+$247.92M) and 9 #Ethereum ETFs outflows 20,884 $ETH(-$70.69M) yesterday.

According to HTX market data, Bitcoin has dropped below $59,000 again, with a 3.27% decline in the past 24 hours.

Bluewater announced it has completed the acquisition of Sui ecosystem lending protocol Suilend. The deal covers Suilend and its ecosystem products STEAMM and SpringSui, marking the start of a new development phase for Suilend. Following the acquisition, Suilend will continue to operate as an independent platform, retaining its original brand, product roadmap, and infrastructure, while receiving long-term capital and operational support from Bluewater. Bluewater stated that the two parties have collaborated for nearly three years, and it highly recognizes Suilend’s product quality, execution capability, and security standards. Going forward, the two sides will gradually advance deep integration of trading, lending, collateralization, liquidity, and yield products, though Bluefin and Suilend will remain separate brands, infrastructures, and legal entities. Bluewater emphasized that this transition will be carried out in a phased manner, with multiple audit firms involved. Users do not need to take any action, and existing positions, deposits, and protocol functions will remain operational during the transition period. In addition, Bluewater noted that the SEND token is not included in this acquisition. SEND will be handled separately by the existing Suilend team, and will be distributed to token holders as the project is gradually wound down, with relevant details to be announced later.

According to EmberCN’s monitoring, Hyperliquid’s largest long-position trader continued adding to his positions after Bitcoin fell to $59,000. He opened 500 BTC long positions via three wallets at an average price of $59,261, worth approximately $30 million. To date, the trader holds a total long position of around $445 million, including 120,000 ETH and 2,500 BTC. The average entry price for his ETH long positions is $2,261, while that for BTC long positions stands at $69,560. As of now, the trader’s overall unrealized loss has widened to roughly $110 million.

According to Bitget market data, South Korea’s KOSPI index plunged 4.00% intraday, now standing at 8572.69 points. SK Hynix declined 4.32%, while Samsung fell 4.04%.

Due to market concerns that OpenAI may delay its IPO until next year, which would delay returns for its Japanese investors, SoftBank Group’s stock fell 12% during intraday trading. As of October, SoftBank’s investment in ChatGPT developer OpenAI is projected to reach roughly $65 billion. Earlier, market expectations of massive gains from OpenAI’s IPO had pushed SoftBank’s stock to record highs, lifting its market capitalization above Toyota Motor Corp. last month. However, per a New York Times report, OpenAI’s advisory bankers warned that tech stock volatility could dampen market enthusiasm for the IPO. As a result, SoftBank’s stock posted its largest single-day drop in Tokyo in over three months during Friday’s morning trading session. Hiroki Takei, a strategist at Resona Holdings, noted that an OpenAI IPO would provide transparent market valuations for the vast assets SoftBank holds, as its portfolio includes hundreds of unlisted startups. If OpenAI goes public, investors will find it easier to assess SoftBank’s overall portfolio, and this transparency is expected to reduce the significant conglomerate discount or risk premium currently weighing on SoftBank’s shares. “News of a delayed IPO will naturally lower these expectations,” he said.

According to monitoring by AI Auntie, new address 0x643…CF565 withdrew $1.35 million worth of ETH and $2.87 million worth of HYPE from FalconX for the second time in a week. The address currently holds $14.5 million in ETH and $9.61 million in HYPE, with average withdrawal prices of $1,691.58 for ETH and $66.5 for HYPE, resulting in a cumulative unrealized loss of $1.792 million.