Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

Blast officially announced that its Blast Layer 2 network has been shut down. Users who still hold assets in Blast L2 wallets, have pending withdrawals, or have assets in Blast Mobile can retrieve their ETH or USD assets via the official recovery website at blast.io. The company noted that the asset recovery site will remain open for 12 months, with the final support date set for November 4, 2027.

According to Coinglass data, global crypto liquidations hit $139 million in the past hour, including $17.168 million in long-position liquidations and $122 million in short-position liquidations. Over the past 24 hours, 102,634 traders were liquidated, with total liquidation volume reaching $580 million. The largest single liquidation order occurred on Binance’s ETHUSDT trading pair, valued at $5.0328 million.

According to HTX market data, Ethereum rebounded to break through $2,400, with a 24-hour gain of 4.98%.

According to data from BIT Stock Platform, leading US tech stocks showed mixed performance: Amazon (AMZN.O) rose 6%, Alibaba (BABA.N) gained 4.6%, Microsoft (MSFT.O) and Apple (AAPL.O) climbed over 4%. Micron Technology (MU.O) dropped more than 4%, Intel (INTC.O) and ASML (ASML.O) fell over 3%, while NVIDIA (NVDA.O) declined 2.7%.

According to HTX market data, Bitcoin has rebounded to break through the $79,000 level.

Circle’s latest disclosed financial report shows that as of September 30, the total fair value of digital assets held by the company is approximately $133 million. The holdings include around 380 million Canton Coin (valued at ~$47.99 million), ~504,000 HYPE (valued at ~$45.88 million), 77 BTC (valued at ~$6.39 million, including ~$3.3 million in cirBTC), ~4.1 million SUI (valued at ~$4.77 million), 1,728 ETH (valued at ~$4.64 million), and other digital assets worth ~$23.7 million. Notably, HYPE holdings have grown more than fivefold from roughly 81,000 at the end of last year. These holding figures were not disclosed in Circle’s earlier Q3 8-K financial press release. The quarterly report also reveals that Circle sold a total of 807.5 million ARC at $0.30 per token in Q2, raising ~$242.2 million—about $20 million more than the $222 million reported by CNBC in May this year. Of that total, $181.8 million was recognized as revenue in Q3. An IDG Capital-related entity holding over 5% of Circle’s shares purchased 83.3 million ARC at the same price on May 8, amounting to $25 million. Additionally, Binance’s $100 million equity investment in Circle was paid in USDC, prompting Circle to privately issue approximately 1.237 million Class A ordinary shares.