Jupiter Earn: Liquidity crunch affecting withdrawals, no exposure to Binance.

U.S. President Donald Trump said the war with Iran will end soon, by whatever means.

Binance founder CZ has responded to community discussions about Bitcoin’s resistance to price declines, stating that the leading cryptocurrency’s performance is quite surprising given the larger drops seen in traditional financial markets today. Historically, downturns in traditional markets weigh on crypto prices as investors sell assets to hoard cash, but Bitcoin has shown remarkable resilience this time. Earlier, some community users noted that a $6 billion+ hack on the world’s largest crypto exchange would likely trigger a sharp Bitcoin price slump, yet the token only fell around 3% that day—leading many to believe the market bottom may be approaching.

According to on-chain analyst Yu Jin’s monitoring, after all ETH long positions were liquidated this morning, crypto figure Huang Licheng, nicknamed "Big Brother Ma Ji", deposited 250,000 USDC to go long again in the afternoon. He currently holds long positions in ETH, HYPE, and BTC totaling approximately $5.88 million. This time, he still used high leverage, with the liquidation price for his ETH position standing at $2,161—only about $86 below the market price at that time. Ma Ji has been trading on Hyperliquid for nearly a year and a half, with a cumulative trading volume of $15.86 billion and a total accumulated loss of roughly $37.05 million.

According to an official announcement, due to the US market’s winter time transition, Bitget’s rToken and Stock+ trading sessions will operate on winter time rules starting November 1, with all trading hours delayed by 1 hour. The adjusted schedule (UTC+8) is as follows: Pre-market trading: 17:00–22:30; Regular session: 22:30–05:00 the next day; After-hours trading: 05:00–09:00; Night session: 09:00–17:00. Additionally, rToken’s weekend trading feature remains unaffected, and users can still trade on weekends. More details are available on Bitget’s official platform.

Well-known trader Doctor Profit has posted that he remains bullish on Bitcoin, and believes Binance’s need to compensate for its stolen assets could generate buying demand. The portion that cannot be covered through asset recovery or the exchange’s existing holdings will need to be repurchased, though the exact purchase amount has not been revealed. Doctor Profit estimates the incident involves around $6.3 billion, of which roughly $3 billion has been frozen. He projects that after Tether and Circle reissue the corresponding assets, the remaining gap will stand at approximately $3.3 billion, equal to about 2.05% of Binance’s total assets. Based on this, he judges that if no more funds are frozen later, Binance will need to repurchase roughly $3.3 billion in crypto assets, including Bitcoin, and views this potential replenishment requirement as capital inflow. Doctor Profit added that the incident has not shaken his bullish stance: he still holds his Bitcoin long position opened at $80,400 and spot Bitcoin bought at $60,000. He noted that he was prepared for volatility before entering the market and will not exit his positions over this incident.

Binance CEO He Yi said in a post that Binance’s SAFU Fund and its held assets include large amounts of BTC, ETH, and other digital assets. The exchange is currently purchasing all stolen altcoins in full via over-the-counter (OTC) and spot markets to complete its Proof of Reserves (POR) process, and will provide another update once the purchases are finished.