The lending protocol Venus on BSC recently confirmed the issue of WBETH price decoupling, resulting in some users being liquidated. The team is investigating and reviewing the affected accounts, while also strengthening Risk Management and Oracle Machine protection to prevent similar incidents from occurring again.

On October 11, according to data platform monitoring, 2 Hacker Addresses panicked and sold 5,480 ETH that they had previously bought at the dip for approximately 20.47 million USD. The average purchase price was 3,735 USD, resulting in a loss of 3.7 million USD.

The lending protocol Venus on BSC recently confirmed the de-pegging issue of WBETH prices, which led to some users being liquidated. The team is investigating and reviewing the affected accounts, while also strengthening Risk Management and Oracle Machine protection to prevent similar incidents from occurring in the future.

According to on-chain data analysis, the whale/institution 7 Siblings has bought the dip again after the big dump of ETH, borrowing 40 million USDC and spending 5 million USDC to purchase 1,326 ETH. This institution has previously profited multiple times during big dumps, successfully buying large amounts of ETH.

[比推] Zerobase founder Mirror Tang stated that he has increased the flash withdrawal limit by $30,000,000.

In 2025 alone, government-backed hackers (especially those from North Korea) stole over $2 billion in Crypto Assets, targeting exchanges and an increasing number of high-net-worth individuals as Token prices soared. These attacks are estimated to account for 13% of North Korea's GDP, highlighting the rising security risks that could hinder the broader adoption of Crypto Assets. Experts recommend implementing hardware wallets, multisignature setups, and encrypted communication while avoiding SMS-based identification to protect asset security.

[Block Rhythm] On October 11, according to on-chain analysts, the "high-profile ancient whale of BTC that swaps ETH" opened a short position of 1.1 billion dollars 17 hours ago, including 10x shorting BTC and 12x shorting ETH, with a current profit of 78.56 million dollars.
The current address 0x2ea...923f4 has closed its position and realized a profit of 72.31 million USD, while another address still has a position of 821.6 BTC, with an unrealized profit of 6.25 million USD.

[Chain News] On October 11, news reported that data shows that in the past 24 hours, the total liquidation in the crypto assets market reached 9.579 billion USD, with a total of 1,522,350 individuals getting liquidated globally. Among them, long orders accounted for 8.019 billion USD in liquidations, while short orders accounted for 1.561 billion USD. The total liquidation amount for BTC was 2.493 billion USD, and for ETH, it was 2.251 billion USD.

[Coin World] According to data from the data platform, the latest market news for Ethereum ETH today, the latest price of ETH Ethereum: $3898.48, 24-hour fall -10.6%, volume $41.673 billion.

On October 11, the crypto market once again experienced a "519" trend, with the total market capitalization of Crypto Assets evaporating by over $600 billion in a short time. Some alts saw a drop of more than 95%, and the market is currently in a recovery phase after a significant fall.

[Coin World] Deloitte is promoting a company's AI products to all 500,000 employees. Meanwhile, due to an AI-generated report containing false citations, Deloitte has been compelled by the Australian government to return a contract, highlighting the inconsistent adoption of AI tools by enterprises.

[Coin World] Despite the cryptocurrency market experiencing a bearish trend for a week, institutional investors still drove weekly inflows into Bitcoin, Ethereum, XRP, and Solana ETFs and ETPs to a record $6 billion, with XRP's weekly inflow reaching an all-time high, as large investors viewed the price drop as a strategic entry point, igniting hopes for a rebound in the face of market uncertainty.

The price of Polkadot has stabilized above its 9-day and 20-day EMA, indicating bullish momentum, with potential resistance level at 4.27-4.35 USD and support level near 4.15-4.10 USD. The RSI is around 50 USD, and the MACD is in the positive zone, suggesting an upward price trend, but after breaking through 5.00 USD, it may face a sell resistance of 253,805 USD at 4.60 USD.

The EU and the US will collaborate to develop a new plan to advance the next phase of the trade agreement, setting aside Washington's overly stringent regulatory requirements. Both sides will create a "checklist" to ensure the progress of the agreement while safeguarding the EU's regulatory autonomy.

[Block Rhythm] On October 10, the U.S. Bureau of Labor Statistics will release the consumer price index for September 2025 on October 24.

[币界] Coinglass data shows that in the past hour, the total liquidation across the network reached $100 million, with long orders getting liquidated for $96.1308 million and short orders for $4.3593 million.

[Coin World] News on October 10: ETH has just fallen below 4300 USD, currently reported at 4292.29 USD/coin, down 0.51% for the day.

[Coin World] On October 10 (UTC+8), the community sale of the privacy protocol Umbra on a certain platform has ended, with a total subscription amount of 154,943,746 USD and a FDV of 8.55 million USD. Its financing cap has been increased from 700,000 USD to 3 million USD, and participating users will receive about 2% of their subscription amount. The initial pricing of UMBRA is 0.3 USD. Participating users can claim UMBRA through the platform's website at 23:00, and receive the remaining USDC refunded.

According to reports, Joanne Hsu, the director of consumer surveys at the University of Michigan, stated that consumer confidence in the U.S. remained steady in October. The consumer confidence index recorded 55 points, roughly the same as in September. This month, consumers' views on their current personal financial situation and the business environment over the next year have improved, but expectations for future personal finances and evaluations of current buying conditions for durable goods have declined, offsetting each other. Overall, consumers believe that the economic outlook has not changed much compared to last month. Issues related to wallets, such as high prices and weak job prospects, remain the primary concerns for consumers.
Currently, consumers do not expect significant improvements in these factors. At the same time, interviews show that so far, there is little evidence that the ongoing federal government shutdown has changed consumers' views on the economy. Meanwhile, inflation expectations for the next year have decreased from 4.7% last month to 4.6% this month.

[Coin World] Data source, Bitcoin BTC today's price trend, the latest price of BTC Bitcoin has broken through to $122005.55, with a 24-hour rise of -1.21%, volume $748.52 billion