BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

According to TradingBeats' monitoring, a crypto whale today opened long positions in Google (GOOGL) and NBIS, with total actual trading volume of approximately $7.458 million. The two positions currently hold an unrealized profit of around $67,000. Position details: GOOGL: 15,000 shares purchased, for approximately $5.239 million at an average price of $349.25; current long position value stands at about $5.265 million, with an unrealized profit of roughly $27,000. NBIS: 10,000 shares purchased, for approximately $2.219 million at an average price of $221.90; current long position value is around $2.26 million, with an unrealized profit of about $41,000.

Beating AI Insight News Brief: Open-source AI penetration testing tool ARTEX was discovered to have been used in attacks on multiple South Korean financial institutions. In response, developer Autumn-27 announced on October 8 that the project would be closed-sourced, with updates halted, no new versions released, and maintenance support discontinued. ARTEX’s original GitHub repository was subsequently taken down. ARTEX is a multi-agent system that integrates various large models, automatically identifies vulnerabilities, and conducts penetration testing. Earlier, cybersecurity firm CrowdStrike detected that attackers linked to the South Korean bank attacks utilized ARTEX, leaving tool configurations and Claude Code chat records on their servers. Autumn-27 stated in a release that ARTEX was originally developed for learning, research, and enterprise-authorized security testing. The tool’s misuse for illegal attacks completely violates its intended purpose. The author condemned unauthorized use and disclaimed liability for related incidents. However, ARTEX’s source code has been backed up by other developers. Even after the author removed the original repository and ceased maintenance, previously public versions remain accessible for use and modification by others.

According to TradingBeats monitoring, two whale traders using 40x full leverage opened short positions around $81,700 today and are now facing liquidation pressure as prices rebound. Their combined Bitcoin (BTC) short positions amount to roughly $21.62 million, with details as follows: The whale wallet starting with 0x4b62 opened a short position of 101.82 BTC at an average price of $81,771, with a position value of approximately $8.4086 million and an unrealized loss of around $82,200. Its liquidation price is $82,731.81, only $153 (0.19%) higher than the current market price. The other whale wallet starting with 0x1f25 opened a short position of 200 BTC at an average price of $81,743, before 40 of its positions were partially liquidated, incurring a loss of roughly $38,500. It currently holds 160 BTC in short positions, valued at about $13.2126 million, with an unrealized loss of approximately $133,700; its liquidation price is $82,959.25, around $380 (0.46%) higher than the current price.

Co-founder of darknet marketplace Empire Market, Raheim Hamilton, has been sentenced to 40 years in federal prison and agreed to forfeit 1,230 bitcoin (BTC) worth approximately $101 million. According to the U.S. Attorney’s Office for the Northern District of Illinois, the 30-year-old Virginia man also agreed to forfeit 24.4 ether (ETH) valued at around $60,000, plus three real estate properties. A federal judge in Chicago simultaneously imposed a $5 million fine on him. Prosecutors stated that Hamilton and his accomplice Thomas Pavey operated Empire Market from 2018 to 2020, facilitating over 4 million transactions totaling more than $430 million, including nearly $375 million in drug sales. The pair also sold stolen account credentials, personal data, counterfeit currency, and hacking tools, requiring customers to use cryptocurrency and encouraging the use of mixing services to obscure fund flows. Pavey pleaded guilty to federal drug conspiracy charges last year, and has forfeited 1,584 BTC, as well as interests in gold, three vehicles, and two properties; he is scheduled to be sentenced later this month.

According to Lookonchain’s monitoring, well-known leveraged trader AguilaTrades was liquidated 10 minutes ago, suffering losses on both long and short positions. He first incurred a $331,000 loss from his long Bitcoin (BTC) position, then reversed to a short position only to be liquidated again.

AguilaTrades(@AguilaTrades) got liquidated 10 minutes ago! AguilaTrades got wrecked on both sides! He lost $331K going long on $BTC, then flipped to short and got liquidated.