Polymarket CEO: Chasing 100x tokens is an "irrational exuberance" game, with some traders shifting to pursue more predictable opportunities.

On-chain monitoring shows that address 0xEa3…Fef6A received 9.57 million WLD tokens (valued at approximately $14.45 million) from the Worldcoin team three years ago. After lying dormant for nearly three years, the address transferred all the tokens out around four hours ago. Of the total, around 6.5 million WLD were routed through intermediate addresses and deposited into major crypto exchanges, worth roughly $2.828 million. WLD has fallen by about 26.41% in the past week, and its asset value has shrunk by approximately 71.2% since the tokens were received (from around $1.51 to roughly $0.4351).

According to HTX market data, Ethereum briefly dipped below $2,300, and is currently trading at $2,301, with a 2.64% intraday decline.

ServiceNow (NOW) released its third-quarter financial results after US Eastern Time market close on October 28. The company’s revenue rose 20.5% year-over-year to $4.106 billion, slightly exceeding market expectations of $4.09 billion; adjusted earnings per share stood at $1, missing the forecast of $1.02. Despite the firm raising its full-year subscription revenue and free cash flow margin guidance, its stock plunged sharply in after-hours trading. The market is concerned about slowing future order growth: the company projects its fourth-quarter current remaining performance obligations (cRPO, contract revenue expected to be recognized over the next 12 months) will grow 18.5% at constant exchange rates, down from Q3’s 21%. The midpoint of its full-year subscription revenue guidance was only lifted by $15 million to $15.785 billion, showing limited short-term growth expectations from management. During the earnings call, analysts further pressed on when the AI business will meaningfully drive the company’s overall revenue and order growth. Management explained that factors including some Q4 renewals brought forward to Q3, a higher proportion of on-premise deployment orders, and revenue classification changes from deployment services attached to large AI projects have impacted short-term metrics. Specifically, deployment services are expected to drag Q4 subscription revenue growth by around 0.5 percentage points. According to TradingBeats monitoring, NOW contracts on Trade.xyz are currently quoted at $122.33, down roughly 20.50% in 24 hours, with trading volume of about $4.24 million and open interest nominal value of around $3.14 million in the same period.

According to monitoring by @aixbt_agent, the Solana ecosystem meme coin free mika (MIKA) plummeted sharply on October 28. Its genesis address transferred around 500.44 million tokens to another wallet, roughly half of its initial supply. About 7 seconds later, that wallet sold approximately 500.83 million MIKA on PumpSwap, pushing the short-term transaction price down by nearly 99% from prior levels. While some claim a wallet nonce issue prevented the key holder from moving funds, the transfer used a normal recent blockhash. It remains unconfirmed whether the selloff stemmed from an external attack or existing token holders.

Citrini analyst Jukan said in a social media post that Samsung’s current stock performance lags behind SK Hynix. This appears to stem from Samsung’s shareholder return plan being either less generous than initially anticipated or still mired in uncertainty. Against this backdrop, a conspiracy theory circulating in South Korea claims Samsung management deliberately avoids bullish outlooks due to tax considerations involving the firm’s controlling family, Chairman Lee Jae-yong. More specifically, Hong Ra-hee, Lee Jae-yong’s mother, gifted Samsung stock to her son. Reportedly, the gift tax Lee owes is calculated based on the average closing price over the four-month window spanning two months before and after the November 12 gift date, running from September 12, 2026 to January 12, 2027. As such, the Samsung controlling family has no incentive to lift the stock price before next January.

According to TradingBeats monitoring, the whale wallet (address starting with 0x30af) that significantly increased its Google position ahead of yesterday’s earnings report was liquidated twice in the early hours of today, fully exiting its long GOOGL position. Only a small portion of the position was closed manually; the remaining 32,612 GOOGL shares were then liquidated by the system, with a liquidation value of roughly $9.9716 million and a loss of approximately $519,000. The whale had bought around $5.9753 million worth of GOOGL yesterday morning, expanding its long position to about $12.2 million at an average entry price of $321.673, using 20x isolated margin leverage. As of yesterday’s pre-market session, the position still held an unrealized profit of roughly $105,800 before the market reversed course. However, the whale still maintains a long Microsoft position worth approximately $10.88 million, using 15x isolated margin leverage, with an average entry price of $532.327, and currently has an unrealized profit of around $311,100.