Coinbase Debit Card Daily Limit Increased to $5000, Now Available to All Users

On October 16th, according to HyperInsight's monitoring, the "Lightning Wave Hunter" with the address btc@tuta.com (0x880a) has been continuously adding short positions in multiple currencies such as TAO, PUMP, and MNT in the past few hours. By relying on precise short-selling strategies and high-frequency scalping, significant profits have been achieved. This address has realized a floating profit of more than $43.76 million in the past week. There is a short position profit of $14.47 million on PUMP, and a contribution of more than $10.55 million in profit from a short position on SOL. This address was once the largest short holder of PUMP and now holds a total position of approximately $34.4 million, which is a decrease of about $112 million from last week. The operator of this address tends to engage in scalping operations, quickly entering and exiting, with high frequency and a high win rate (70% win rate), and there have been frequent trades in recent weeks.

On October 16th, according to HTX market data, following a drop to 109,635 US dollars, Bitcoin promptly rebounded and rose above 111,000 US dollars. It is now being quoted at 111,340 US dollars.

On October 16th, as monitored by Onchain lens, with the continuous decline of the market, the well-known bankrupt trader James Wynn's long positions in BTC, ETH, and PEPE were liquidated once again, resulting in a loss of $163,500. The remaining balance in the address is currently only $35,300.

On October 16th, based on Coinglass data, within the past 1 hour, the entire network had liquidations of $115 million. The total long liquidations amounted to $106 million, and the total short liquidations were $7.6988 million.

On October 16th, based on Coinglass data, if Bitcoin drops beneath $108,000, the cumulative intensity of long liquidation on mainstream CEXs will reach $915 million. On the contrary, if Bitcoin surges above $113,000, the cumulative intensity of short liquidation on mainstream CEXs will reach $1.719 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, the intensity. Consequently, the liquidation chart shows the extent to which the price of the underlying asset will be influenced when it attains a certain level. A higher "liquidation bar" indicates that the price will undergo a more intense reaction due to a liquidity cascade once it reaches that level.

On October 16th, according to the monitoring of Farside Investors, the net inflow into the US Ethereum spot ETF yesterday was $169.6 million. This includes: BlackRock ETHA: +$164.3 million Fidelity FETH: +$1 million Bitwise ETHW: +$12.3 million 21 Shares TETH: -$8 million