A certain whale withdrew 6000 ETH from Kraken after 6 months of silence

Strive CEO Matt Cole posted on social media that the firm acquired 124 BTC last week for $10 million, with an average cost of $80,526 per Bitcoin, bringing its total BTC holdings to 43,124. Most of the purchase was funded by existing cash, and this marked Strive’s first use of SATS ATM (market-priced stock offering), which accounted for 100% of the firm’s ATM fundraising proceeds this week.

According to market sources, MicroStrategy added 810 Bitcoin (BTC) to its holdings, bringing its total BTC position to 849,327 units.

According to official announcements, OKX has officially released its 49th Proof of Reserves (PoR), marking a four-year milestone of consecutive PoR releases. This round’s data shows that the reserve ratios of over 20 major assets disclosed by OKX all stand at 100%. Among them, BTC, ETH, USDT, and USDC have reserve ratios of 108%, 101%, 106%, and 100% respectively, with the combined reserve value of these four assets totaling around $27.8 billion. Since OKX first launched its Proof of Reserves in November 2022, it has maintained monthly PoR releases, growing the number of disclosed assets from the initial 3 to over 20. The exchange has also successively adopted technologies including Merkle trees, full-view Merkle trees, and zk-STARK zero-knowledge proofs, continuously upgrading its reserve verification system to allow users to independently verify their asset reserves and enhance asset transparency.

According to market sources, Oracle (ORCL.N) has launched a six-tranche U.S. dollar high-grade bond offering, with its shares down 1% in pre-market trading. Fitch Ratings stated that Oracle’s total financing amount is $20 billion, including $10 billion in equity financing.

According to data from the BIT Stock Platform, after Marvell Technology announced the all-stock acquisition of optical communications firm Lumentum, both stocks declined in pre-market trading: MRVL traded at around $195, down nearly 0.71%; LITE traded at around $830, down more than 1.2%. Per Marvell’s official investor announcement, Lumentum shareholders will receive 4.5 shares of Marvell common stock for each Lumentum share held, implying an enterprise value of approximately $115 billion for Lumentum, equivalent to around $1,132 per share, representing a premium of roughly 23.9% over the unaffected closing prices of both companies on October 28. On a fully diluted basis after the transaction closes, existing Marvell shareholders will hold approximately 67% of the combined entity, while Lumentum shareholders will hold around 33%. The deal is expected to be completed in the first half of 2028, pending approval from both companies’ shareholders and satisfaction of other customary regulatory conditions. Current Chairman and Chief Executive Officer Matt Murphy will remain in his role, and three directors from Lumentum will join the merged company’s board.

According to an official announcement, Binance has released Security Incident Recovery Update #5, noting that the full zero-knowledge proof corresponding to the Proof of Reserves (PoR) snapshot taken at 00:00 UTC on October 31 has been completed as scheduled. Users holding the ten tokens—BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC—can now use the verification tool on the official PoR website to independently confirm their account balances are backed by at least a 1:1 reserve.