A whale address bought 14,165 ETH at the dip through an OTC trade.

On October 11th, MET (Meteora) was included in Binance's perpetual contract trading. It witnessed a pre-market surge and reached a price of $1.6352. Currently, it is trading at $1.53, with a corresponding fully diluted valuation of $15.3 billion. Previously, Solana's ecosystem liquidity protocol Meteora announced the MET tokenomics. The total token supply is 1 billion. At the time of TGE (Token Generation Event), 48% of the total supply was in circulation. 20% of the tokens are allocated to Mercurial stakers. 15% are allocated to Meteora users (through the LP incentive program). 3% are allocated to Launchpads and Launchpool ecosystem. 2% are allocated to off-chain contributors. 3% are allocated to the Jupiter staking incentive program. 3% are allocated to centralized exchanges, market makers, etc. And 2% are allocated to M3M3 stakers. In the remaining allocation, 18% is reserved for the team and will vest over 6 years. 34% is allocated to the Meteora Reserve and will also vest over 6

On October 11th, Brian Armstrong, the CEO of Coinbase, stated that starting from October 14th, they intended to conduct a $5000 limit test for users of their cryptocurrency debit card. They also planned to implement tiered transaction limits for low-risk users before the middle of next year, with the highest limit being $10,000 (or even $100,000).

On October 11th, Andrei Grachev, the managing partner of DWF Labs, stated: "The market crash today was not caused by fundamental factors like the breakdown of FTX. Instead, it was due to the tariff announcement and the subsequent leveraged liquidation. Market liquidity has been drained, but Bitcoin and strong projects are likely to recover soon."

On October 11th, Tom Lee, the chairman of BitMine which is Ethereum's first institutional investor, commented on today's market flash crash. He said, "The downturn was an expected occurrence. Since the April low, there has been a 36% gain. Today, the panic index VIX rose by 29% at one point, marking the 51st largest single-day fluctuation in history, representing the top 1% of extreme market conditions. Today's decline is a good shakeout. What I want to tell everyone is that the market is indeed a bit nervous. But unless there is a true structural change, this pullback is a buying opportunity. I can't confirm that today's market has bottomed out. But we know that in the current situation, the performance in the next week or even month will be good. If someone asks me how the market will perform in a week, I would say the probability of an uptrend is quite high."

On October 11th, as monitored by Onchain Lens, a whale deposited 6010 ETH into Binance. This deposit was valued at approximately $22.8 million. The whale has achieved a total profit of $78.98 million on their ETH holdings. The whale initially withdrew 86,001 ETH from Binance between June 22nd and August 12th, 2025. The price per ETH at that time was $3,047, and the total value of the withdrawn ETH was around $262 million. Currently, they still hold 64,981 ETH, which is valued at approximately $249.73 million.