Bitcoin Spot ETF saw a total net inflow of $90.605 million yesterday, with not a single ETF experiencing net outflows.

On October 25th, according to official channels, Binance has initiated the second round of BSquared Network (B2) airdrop rewards. Users who possess at least 225 Binance Alpha Points are eligible to claim a 16 B2 token airdrop on a first-come, first-served basis. In the event that the rewards are not fully distributed, the points threshold will be reduced by 15 points every hour. Claiming the airdrop will require the expenditure of 15 Binance Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, it will be regarded as a waiver of the claim.

On October 25th, Tom Lee stated in an interview with CNBC: "Cryptocurrency has just witnessed the largest deleveraging event in history. The impact of this event may be several times that of the FTX event period. However, Bitcoin's final decline has remained within the 3%-4% range." This clearly shows that Bitcoin itself is evolving into an extremely resilient store of value. Imagine if a similar impact were to occur in the gold market. Even in the face of a major liquidity crisis, when gold only drops by a few percentage points, the market views it as solid proof of value anchoring. Bitcoin's current performance is no different. Driven by stablecoins, the Ethereum Layer 1 and Layer 2 networks are experiencing significant growth in activity. But this fundamental improvement has not yet been fully reflected in the price. Market pricing usually shows a lagging effect. From what I have observed, the continuous increase in on-chain activity is actually providing a solid foundation for si

On October 25th, Tom Lee stated in an interview with CNBC: "A large-scale deleveraging event occurred in the crypto market on October 11th. Some contributing factors were tariffs and trade frictions. This was the most severe liquidation event in the crypto industry in the past 5 years. The impact of this event is still ongoing. Two weeks later, the pessimistic sentiment remains. However, I believe these phenomena are about to end because the open interest on Bitcoin and Ethereum futures contracts is at historical lows. At this time, both assets are showing signs of a positive turnaround from a technical perspective. Therefore, I also believe that cryptocurrencies will experience a bullish trend before the end of the year. Recently, JPMorgan Chase also mentioned that they may accept cryptocurrency as collateral in the future, which is very helpful for market confidence."

Update: On October 25th, 2025, based on official information, OKX is scheduled to officially launch FUSDT perpetual contracts on its website, app, and API at 4:00 PM (UTC+8). These contracts will be capable of providing a leverage of up to 50 times.

On October 25th, Glassnode announced on social media that the illiquid Bitcoin supply has begun to decline. Since mid-October, approximately 62,000 BTC have moved out of long-term dormant wallets. As the illiquid supply decreases, more tokens will enter the circulation market. If there is a lack of strong additional demand, the price uptrend will encounter greater resistance. In this cycle, the illiquid supply was originally an important driving force. However, a recent reversal has broken this trend. Historically, similar supply return phenomena have often weakened market momentum. An even larger-scale outflow of 400,000 BTC occurred in January 2024. Although the current change is relatively moderate, the trend is worthy of monitoring. Interestingly, whale wallets have continued to accumulate during this period. Whale holdings have steadily increased in the past 30 days, and there have been no significant sell-offs since October 15th. The most massive outflows have mainly come from

On October 25th, as per the monitoring of LookOnChain, an address beginning with 0xe688 achieved a profit of $675,000 through PING transactions within less than two days. It is reported that the individual had previously spent $89,000 to purchase 13.42 million PING tokens. Then, 6.72 million PING tokens were sold at a price of $377,000. Currently, 6.72 million PING tokens are held (worth approximately $387,000), resulting in a total profit of $675,000 (+759%).