Bennet: U.S. No Longer Considering Imposing 100% Tariffs on China

On October 27th, based on the monitoring of LookOnChain, two newly established wallets have just withdrawn 820 BTC (equivalent to $94.32 million) from Binance and OKX.

On October 27th, according to the monitoring of HyperInsight (accessible via https://t.me/HyperInsight and opened in a new tab), it was reported that 4 hours ago, Andrew Kang, the co-founder of Mechanism Capital, took an action related to address 0x0b5. He added to his long position in ENA 4 hours ago, with the average price reaching $0.465. The nominal value of this position is approximately $4.08 million, and the unrealized return remains above 90%. Further monitoring data indicates that this address partially closed a long position in ENA 14 hours ago to realize profits. Subsequently, the funds were used to open a short position in BTC, with an average position price of approximately $11.36 million. The nominal value of this short position is $3.2 million. With today's increase in the BTC price, the short position is currently experiencing an unrealized loss of over 50%.

On October 27th, glassnode put forward a market insight stating that since the "1011" crash, the spot and futures CVD (Note: CVD refers to Cumulative Volume Delta, a technical indicator used in trading to measure the net difference between buy (aggressive buying) and sell (aggressive selling) volume over a period of time, which helps traders assess market sentiment, buying and selling pressure, and potential price reversals or divergences.) has first tended towards equilibrium. This indicates that the strong selling pressure of the past few days has dissipated. The funding rate is still below the 0.01% neutral level, suggesting that there are no excessive long positions or bubbles. In fact, the funding rate has dropped sharply several times in the past two weeks, indicating that participants are inclined to be cautious. Various signs indicate that the aggressive selling pressure has actually reached its peak. These extreme emotions usually indicate the opportunity area for a trend rev

On October 27th, Bitget initiated a VIP 48-Hour Flash Sale. During this event, users merely need to fulfill VIP level upgrade tasks or trading volume tasks in order to receive an airdrop of 2400 FF tokens (valued approximately at $450), and the rewards are provided on a first-come, first-served basis. The detailed rules have been announced on the Bitget official platform. Qualified users can click the "Join Now" button to sign up and participate in the event. The event concludes at 11:00 on October 29 (UTC+8).

On October 27th, based on GMGN data, within the Solana ecosystem, the x402 concept coin PayAI has exceeded a market capitalization of $58 million and is currently at $58.9 million, with a 24-hour price increase of 147.7%. PayAI Network released an x402 development toolkit based on the Solana network on the 16th. BlockBeats reminds users that relevant token prices are highly volatile, and users should invest with caution.

On October 27th, according to the on-chain analyst Ai Auntie (@ai_9684xtpa), the address 0x960...0e2Ee deposited 1.95 million USDC as collateral into Hyperliquid half an hour ago. Subsequently, it opened a 15x leveraged long position on BTC. Currently, it is holding 120 BTC (worth 13.8 million US dollars) with an entry price of $115,372.8. This address has accumulated a profit of $5.51 million on Hyperliquid since July of this year.