A certain Ethereum whale has reawakened after 6 years of dormancy, staking 6,098 ETH

October 9th. The well-known short-selling institution Kerrisdale Capital announced that it has taken a short position in the stock of Bitmine, a prominent Ethereum treasury reserve company. Kerrisdale Capital holds the view that the so-called DAT (Digital Asset Treasury) model has become ordinary and lacking in innovation. As nearly identical clone projects have flooded the market, the premium is collapsing, and the ability to increase the ETH per share content by issuing stock above the Net Asset Value (NAV) is disappearing. More than $100 billion has been raised by companies following the "crypto asset treasury strategy", breaking the scarcity that originally supported high premiums. Today, the trading prices of many such company stocks are approaching or falling below the net asset value, causing their self-reinforcing mechanisms to stagnate and their models to start to collapse. As the earliest DAT company, MSTR's premium has dropped sharply from 2-2.5 times the NAV to around 1.4

On October 9th, as monitored by AI Auntie, a certain address carried out a precise trade under the name "Customer Service Xiaohe" and achieved a profit of nearly $400,000 within 28 minutes: · From 19:47 to 20:06: Bought goods worth $268,000 at an average price of $0.0152 per unit as "Customer Service Xiaohe"; · At 20:10: Binance Alpha officially launched "Customer Service Xiaohe"; · From 20:10 to 20:15: Sold in batches at an average price of $0.0367 per unit. This is a new address created yesterday. It withdrew 50 BNB from OKX as the initial capital and only traded gorilla and "Customer Service Xiaohe", with a win rate of 50%. This address has sparked extensive speculation of insider trading in the community.

On October 9th, Four.Meme officially made an announcement that the BNB meme season is gaining momentum. Within the past 24 hours, the Four.Meme platform has minted more than 48,000 distinct tokens, and the daily revenue amounts to $1.48 million, which is 2.6 times the revenue of pump.fun during the same time period.

On October 9th, when the U.S. stock market opened, the Dow Jones increased by 0.1%, the S&P 500 rose by 0.1%, and the Nasdaq went up by 0.01%. The silver concept rose along with the surge in the silver price. Endeavour Silver (EXK.N) rose by 3%, and the Silver ETF-iShares rose by 3.9%. Regarding cryptocurrency concept stocks, MSTR fell by 0.83%, CRCL decreased by 0.25%, COIN fell by 0.04%, SBET dropped by 3.47%, and BMNR fell by 2.08%.

On October 9th, NVIDIA (NVDA.O) increased by nearly 2% and reached a new record high during the trading session.

On October 9th, Monad made an announcement that the airdrop claim portal will commence opening on October 14th (Tuesday).