Meme coins in the Robinhood ecosystem have generally pulled back, with PONS dropping nearly 57% from its peak.
According to GMGN market data, meme tokens in the Robinhood ecosystem have recently pulled back broadly, with multiple popular projects seeing significant declines from their previous highs. Among them, the ecosystem’s representative token PONS currently has a market cap of approximately $429 million, down about 57% from its prior peak of nearly $990 million, and a 24-hour drop of 19.5%. Other popular meme tokens: INU has a current market cap of around $3.2 million, down 30.9% in 24 hours; NOSH at $2.8 million, down 33.2% in 24 hours; PARE at $2.7 million, down 25.4% in 24 hours; MANY at $2 million, down 20.4% in 24 hours; microduck at $1.6 million, down 21.7% in 24 hours. BlockBeats Note: Meme coin trading is highly volatile, largely driven by market sentiment and concept hype, with no inherent real value or practical use cases. Investors are advised to exercise caution regarding risks.
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A certain whale shorted PONS, logging an unrealized profit of approximately $2.12 million.
According to TradingBeats monitoring, Hyperliquid whale address 0x936c currently holds around 14.85 million PONS short positions, with a position value of approximately $6.26 million, 2x leverage, cumulative unrealized profit of roughly $2.12 million, and a holding return rate of about 50.6%. The address added roughly 1.09 million PONS short positions today. The mark price of Hyperliquid’s PONS perpetual contract is currently around $0.42, down approximately 21.3% over the past 24 hours.
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Glassnode: Bitcoin investors who bought at high levels are selling, with daily sell volumes from those who entered during the 2025 rally at their highest.
According to Glassnode’s monitoring, investors who bought Bitcoin (BTC) at high levels are now selling. Two groups of investors are in unrealized losses: those who purchased BTC 1–2 years ago hold an average cost basis of around $97,000, while those who bought 6–12 months ago have an average cost of roughly $89,000. Glassnode states that investors who acquired BTC during the 2025 bull run have recorded the highest daily average sell volume this year, whereas investors who bought during market pullbacks have not exhibited similar selling behavior.
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Greek police dismantled a crypto fraud ring with over 8 million euros in funds involved.
Greek police have busted a cryptocurrency investment fraud ring and arrested 17 individuals, including 9 military personnel. Initial police investigations indicate approximately 10,000 people participated in the scheme, with an average investment of around €800 per person, leading to an estimated total amount involved exceeding €8 million. The ring operated as a clear pyramid scheme, using recruitment of new members to generate higher returns. Additionally, the group recently froze withdrawal functions and claimed that investors who doubled their principal would receive a double payout after 50 days. Authorities have seized approximately €280,000 so far, and the investigation is ongoing.
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Bitget PoolX: Locked BTC unlocks 1.11 million CT airdrop
According to official announcements, Concrete (CT) is set to launch on Bitget PoolX. Users can lock BTC to participate in the airdrop of 1,111,111 CT tokens, with an individual lock-up cap of 50 BTC. The lock-up period runs from 22:00 UTC+8 on October 4 to 22:00 UTC+8 on October 12. This round of PoolX features a long-term holding bonus mechanism, where the system will provide an additional bonus based on users' minimum holding of the corresponding locked asset over the past 15 days. For more details, please refer to Bitget's official platform.
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