A certain Ethereum ICO wallet address recently transferred out 200 ETH, worth approximately $626,000.

According to TradingBeats monitoring, the stock prices of Marvell and Lumentum continue to decline, with LITE’s discount relative to the exchange ratio consideration further widening. As of press time, the Lumentum (LITE) contract on Hyperliquid is priced at $535.74, while the Marvell (MRVL) contract stands at $140.56. Based on the merger agreement terms, each LITE share is exchanged for 4.5 MRVL shares, translating to a reference exchange value of approximately $632.52. LITE is $96.78 lower than this, marking a discount of around 15.3%. The combined 24-hour trading volume of the two contracts totals about $93.73 million. In the previous US trading session, MRVL fell 16.43% to close at $133.55, reducing the reference exchange value per LITE share to $600.98. LITE dropped 18.68% over the same period, closing at $509.70, pushing its discount relative to the exchange consideration from 12.84% to 15.19% — an increase of 2.35 percentage points. Per the agreement, Marvell intends to acquire Lumentum via an all-stock transaction, with each LITE share exchanged for 4.5 MRVL shares. The transaction is expected to close in the first half of 2028.

A source familiar with the matter said that Aspex Management, one of Asia’s largest hedge funds, posted a roughly 16% loss in October amid a global sell-off of AI-related stocks. This marks one of the largest monthly declines in the history of the $14 billion assets-under-management fund. However, as of the end of October, the pan-Asia equities-focused fund remains up 9% year-to-date.

Solana co-founder Anatoly Yakovenko published a post stating that Layer 1 (L1) teams should prioritize developing native products built on their own L1 blockchains, rather than abandoning this direction amid external skepticism. He noted that product-market fit (PMF) is extremely difficult to achieve, with every product facing high failure risks. Additionally, only by actually building products on their own blockchain can teams identify functional gaps in their ecosystem relative to competitors.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a trader who has generated $21.78 million in gains this year opened a 20x leveraged short position on ETH ahead of the recent price plunge, and now holds an unrealized profit of over $1.587 million. On October 30, the trader closed out long positions of 10,000 ETH and 1,000 BTC, locking in profits exceeding $20.553 million. Around 2 PM yesterday, after a six-day hiatus, the trader took action again, opening a short position of 30,000 ETH valued at $66.87 million at an average entry price of $2,283.23.

According to Lookonchain's monitoring, a "smart money" trader with a 100% win rate has again gone long on ETH. After the market dip, they opened a long position of 20,277 ETH (approximately $45.3 million) with 25x leverage, and currently holds an unrealized profit of $252,000. The trader has profited from all 10 of their prior trades, with a cumulative realized profit of $6.32 million.

Carlos, Growth Lead at on-chain transaction execution platform Definitive, tweeted that his old hot wallet was emptied early this morning in a suspected large-scale attack launched by "noble.base.eth", linked to the Railway vulnerability. He confirmed the transfers were signed by his own wallet, meaning the theft stemmed from a mnemonic or private key leak. All 96 victim wallets emptied within roughly 70 minutes followed the same pattern, so he advised users holding hot wallets to rotate their keys immediately. The attacker used Relay as the primary withdrawal channel, and Relay subsequently stated it has blocked the relevant wallets.