「Whale Averages $3,830 Entry for 32,000 ETH Position」 Whale has started taking profits, selling 3,603 ETH at an average price of $4,692.80 in the past 2 hours.

On October 7th, the cryptocurrency wallet Rainbow declared that perpetual contract trading is now accessible to all users. This functionality has been incorporated into the mobile wallet and is backed by Hyperliquid. Users will obtain RNBW airdrop points for each perpetual contract trade they execute.

On October 7th, it was announced that USD.AI, a stablecoin protocol providing credit for AI, will increase the autoUSDai cap by $100 million starting from 0:00 on October 9th (Beijing time) to support the orderly unwinding of USDT0 positions in the Euler Frontier USDai market. USD.AI stated that this cap increase is a targeted stability measure rather than a routine cap raise. Due to the demand for USDai, the exchange rate has been pushed up to $1.06. Yesterday, Euler Finance suspended USDai borrowing on Plasma. USDai markets will start partial repayment tomorrow, and LTV reductions will begin on Wednesday. All unclosed USDai borrowing positions must be repaid and closed in a timely manner. All new USDC deposits will be directly transferred to autoUSDai on Arbitrum. During this period, autoUSDai will receive a 25x points multiplier within 30 days. Additionally, starting today, USD.AI will reduce the Allo Gam multiplier for all non-consortium pools from 10x to 3x to protect the USDai p

On October 7th, according to HTX market data, XPL witnessed a surge of more than 19% within the past 24 hours and is currently trading at $1.066.

On October 7th, as monitored by Onchain Lens, a holder who possesses 691 BTC as a whale. After being dormant for 12.5 years, this whale transferred 100 BTC (with an approximate value of $12.49 million) to two distinct wallets. Initially, this whale acquired these BTC at a cost of only $9,200. The wallet still holds 591 BTC, with an approximate value of $73.67 million.

On October 7th, Du Jun, a co-founder of ABCDE, stated in a social media post that "The launch of Ethereum spot ETF staking in the US is a significant advantage for Ethereum." "Due to the reduced supply and increased demand, ETH staking has endowed the ETF with an 'income attribute', similar to stock dividends, which can attract more institutional and retail funds. Competitors like BlackRock will also follow suit. It is expected that within the next year, the new inflow of funds into various Ethereum ETFs should exceed $10 billion."