Ethereum Surges Past $4000

On October 29th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale that received 1 million ETH during an ICO was not concerned about price fluctuations because of its "low enough cost." It has been selling since the beginning of the year, and its cost per ETH is as low as $0.31. Since 2025, this whale has sold a total of 30,300 ETH, with a total value of $99.36 million, at an average selling price of $3,279. It still holds 97,750 ETH on-chain, which is worth $391 million.

October 29th. According to Politico, the U.S. government shutdown has been ongoing for nearly a month, and the situation is finally showing signs of changing. The impending key deadline, along with external pressure, is injecting new urgency into the weeks-long stalled bipartisan negotiations. Senate Majority Leader John Thune and his Senate allies, House Speaker Mike Johnson, and other House Republican leaders seem to be increasingly convinced that more moderate Democrats are willing to make compromises on a stopgap funding bill to reduce the impact of the shutdown, perhaps as early as next week. Republican leaders are deliberating on a new stopgap funding bill, with dozens of options currently under consideration, including providing temporary funding for the government until around January 21st or even extending it into March.

On October 29th, the Bank of Canada reduced its benchmark interest rate by 25 basis points to 2.25%, which was in line with market expectations and marked the second consecutive rate cut. (FXStreet)

On October 29th, based on market data, the Dow Jones Index soared to 48,000 points and reached a brand-new all-time high.

On October 29th, as per the monitoring by HyperInsight (accessible via https://t.me/HyperInsight and targeted at _blank), the "100% Win Rate Whale" (identified as 0xc2a), which has achieved a 14-game winning streak starting from October 14th, has just placed a new long limit order for SOL at $200, with a value of $15 million. In case of adding to the position, the total position will rise to approximately $125 million. Their currently 10x leveraged long SOL position has grown to $1.095 billion, accompanied by an unrealized gain of $1.03 million.

On October 29th, the U.S. Stock SOL Crypto Treasury (DAT) company, Solana Company, updated its SOL token holdings. It added approximately 1 million SOL in the past two weeks. Currently, the holdings have exceeded 2.3 million SOL, which is worth about 230 million U.S. dollars. In addition, Solana Company also disclosed that it holds over $15 million in cash and stablecoins. It has plans to use these funds to advance its crypto treasury strategy.