According to Arkham’s monitoring, addresses linked to Abraxas Capital have recently increased their ETH collateral and lowered borrowing leverage. Late yesterday, the address transferred 20,000 ETH from Aave to Spark, then repaid approximately $55 million USDS; today, it borrowed an additional $10 million USDS, leading to a net reduction of around $45 million. Over the past week, this address has added a net 57,000 ETH in deposits on Spark, with 50,000 ETH moved over from Aave. During the same period, it borrowed a total of 93.38 million USDS and repaid roughly 93 million USDS, keeping its borrowing volume largely flat, while its health factor rose from 1.59 to 2.42. As of press time, the address holds approximately 140,800 WETH in deposits on Spark, with collateral value of about $350 million and total debt of around $124 million, translating to a borrowing leverage of roughly 1.55x. Based on current collateral and debt levels, a liquidation would be triggered if ETH’s price falls to approximately $1,028. Address: 0xed0c6079229e2d407672a117c22b62064f4a4312

Beating AI Express (Dongcha Insight) reports that ByteDance’s Seed team has uncovered a consistent flaw in DeepSeek-V4’s long text processing capabilities. Researchers tasked the model with completing a code snippet; the code itself remained unchanged, only the preceding irrelevant comments were extended, and the model’s answers alternated between correct and incorrect. For the base V4-Flash version, this pattern repeats every 4 tokens, while V4.1-Flash shows a similar phenomenon with a 2-token cycle. The issue is tied to DeepSeek’s memory-saving "chunked KV cache compression" method. The model merges and stores information from consecutive tokens to cut long text processing costs, but this compression results in uneven information retention across different positions, making some content harder to retrieve accurately later. ByteDance labels this periodic retrieval discrepancy "phase sensitivity." In a retrieval test with roughly 128,000 tokens, the base V4-Flash version had a maximum accuracy gap of 40.2 percentage points across different positions. Post-training narrowed this gap to 19.1 percentage points; V4.1-Flash further reduced it to 6.1 percentage points, though the periodic fluctuation persisted. ByteDance also trained multiple control models from scratch, finding the fluctuation cycle matches the compression stride, while control models without chunked compression showed no such pattern.

According to EmberCN’s monitoring, well-known crypto trader AguilaTrades, after incurring a $300,000 loss from a long BTC position opened yesterday, initiated a short position in the early hours of today. However, the short order’s entry price hit a local bottom, and it is currently showing an unrealized loss of $150,000. Yesterday afternoon, AguilaTrades first went long BTC at $82,823, then stopped out the long position at $81,940 following a price drop, resulting in a $300,000 loss. In the early hours of today, he opened a short position of 200 BTC (valued at $16.48 million) at $81,743. BTC subsequently rebounded, leading to an unrealized loss of $150,000 on the short position, leaving his $700,000 principal with only $250,000 remaining.

According to Farside data, U.S. spot Bitcoin ETFs posted a net outflow of $244.1 million yesterday, marking two consecutive days of large net outflows. U.S. spot Ethereum ETFs saw a net outflow of $72.5 million yesterday, extending their net outflow streak to 8 consecutive trading days.

According to U.S. SEC Form 4 filings, Robinhood CEO Vladimir Tenev sold 375,000 shares of the company’s stock on October 5, totaling $42.6435 million at an average price of roughly $113.72 per share. The firm’s Chief Legal Officer Daniel Martin Gallagher Jr. sold 10,000 shares, generating $1.1371 million in proceeds at an average price of approximately $113.71 per share. Both transactions were carried out under pre-established Rule 10b5-1 plans.

According to TradingBeats' monitoring, as of the morning of October 9, the Hyperliquid whale address 0x880a…311c holds approximately 9,563 ZEC short positions, with a position value of around $11.67 million, using 10x leverage at an average entry price of roughly $1,376.6. The address currently has an unrealized profit of about $1.49 million, translating to a position return of approximately 113.4%. Over the past 24 hours, the address reduced its ZEC short positions in 14 separate transactions, totaling around $3.99 million in position cuts, and still retains a short position worth roughly $10 million. Currently, the ZEC contract mark price is approximately $1,220.5, about 11.3% lower than the address' average entry price.