Aster Spot Trading Launches CSXH, PUP, SZN, and DUST

October 8th. The cryptocurrency asset management company Bitwise forecasted that a U.S. Bitcoin spot ETF will draw record inflows in the fourth quarter, and the total for the year is expected to exceed the sum of 2024. Earlier this year, Bitwise's Chief Investment Officer Matt Hougan predicted that the Bitcoin ETF inflows in 2025 would surpass the $36 billion scale of the first issuance year. Up to now, the actual inflows are approximately $22.5 billion. At this rate, it is expected to reach $30 billion by the end of the year, which is slightly lower than the first-year performance. However, in a client memo on Tuesday, Hougan expressed no worries and expected a robust fourth quarter to bring about record inflows. He cited three key factors driving this event: the clearance of wealth management institutions, the soaring Bitcoin prices, and the "currency debasement hedge" narrative.

On October 8th, as per the monitoring of Onchain Lens, a whale address sold 7.64 million tokens of Project 4 at a price of 1,100 BNB (amounting to $1.45 million), thereby realizing a profit of $1.31 million. This address had purchased these Project 4 tokens only 7 days prior at a price of just $132,000.

On October 8th, according to the monitoring of Spot on Chain, a Bitcoin ancient whale address resurfaced in the market after a three-week silence. In the past 9 hours, it sold 3,000 BTC through the HyperLiquid platform at an average price of $121,291, exchanging for $3.639 billion USDC. It is reported that the whale still holds 46,765 BTC (approximately $5.73 billion) in 11 wallets. Notably, between August 20th and September 16th, when the BTC price was around $112,000, it sold more than 30,000 BTC and switched to a long position in ETH.

On October 8th, based on HTX market data, Bitcoin rebounded and reached $123,000. Currently, it is trading at $122,959, with a 24-hour decrease of 1.13%.

On October 8th, as per an official announcement, Bitget has made the announcement of the launch of U-based KGEN perpetual contracts. The leverage ranges from 1 to 50x. And the contract trading BOT will be opened simultaneously.

On October 8th, according to official channels, Binance will list a 4U Perpetual Contract at 19:30 (Beijing Time on October 8th) and support up to 50x leverage.