A Whale Sells 6000 ETH Bought at the Dip, Profits $14.43 Million

October 29th: The smart contract platform Astar Network within the Polkadot ecosystem officially announced that the migration of the Asset Center will commence next week. From November 3rd to 7th, Astar Network will enter a maintenance mode. The DOT balance, staking, and governance functions will be migrated from the Polkadot Relay Chain to the Asset Center. The funds are secure, and no actions are required from users.

On October 29th, Play Solana made an announcement stating that the TGE (Token Generation Event) date of the PLAY token is about to be disclosed. Furthermore, its Solana-based gaming handheld console PSG1 has achieved sales of over 10,000 units and is currently in the shipping process. Before this announcement, Play Solana revealed that the first-generation gaming handheld console PSG1 would issue the PLAY token. The presale of the token took place on October 14th, with a 56% community allocation. The price for Play Solana community members was $0.016 per token, while for regular users, it was $0.020 per token.

On October 29th, CryptoQuant analyst Axel put forward that the Exchange Net Flow Delta (the net flow of stablecoins minus the net flow of BTC and ETH) is still in a positive range. The 30-day moving average is +$1 billion, which is above its long-term baseline. This shows that net cash (stablecoins) inflows are in a dominant position compared to the net withdrawals of BTC and ETH on exchanges, and the overall selling pressure in the market continues to decline.

On October 29th, based on market data, Binance Alpha has launched BitcoinOS (BOS). The current market value is $6.08 million and the coin price is $0.013. Each eligible user can receive an airdrop of 2688 BOS. The earnings from this airdrop activity for a single event are approximately $35 based on the current price.

On October 29th, based on market data, Kite AI (KITE) was trading at a pre-market price of $0.165 on Binance. Binance's official announcement indicates that the total supply of KITE tokens is 10 billion, with a fully diluted valuation of $1.65 billion.

On October 29, 21Shares submitted the S-1 application for the Hyperliquid ETF.