"Immutable Whale" Liquidates ETH and HYPE Long Positions Within Three Hours, Reducing Position Size by $18.8 Million

October 20th: In spite of the continuous U.S. government shutdown, the postponed September inflation data will be made public this Friday. Analysts at Goldman Sachs released a report over the weekend and stated that the bank anticipates that both the overall CPI and the core CPI will increase by 0.3% month-on-month in September, maintaining the core inflation annual rate at approximately 3.1%. Goldman Sachs pointed out that the influence of car prices on inflation is diminishing, and airfare prices may also experience a decline. Meanwhile, the contributions of the labor market and the housing market to inflation may also be moderating. However, Goldman Sachs noted that tariffs could exert upward pressure on "specific exposed industries such as communication, home decoration, and entertainment." The bank forecasts that the full-year core inflation rate as of December will remain at 3.1%. (FXStreet)

On October 20th, according to GMGN market data, it is possibly due to the Binance futures launching of "Binance Life" that Chinese Meme coins on BSC witnessed a general increase. These include: - "Binance Life" with a 24-hour price increase of 105% and currently valued at $336 million; - "Cultivation" with a 24-hour price increase of 47.42% and currently valued at $16.38 million; - "Customer Service Xiao He" with a 24-hour price increase of 33.17% and currently valued at $16.54 million; - "Hakimi" with a 24-hour price increase of 61.38% and currently valued at $64.03 million.

On October 20th, according to the latest weekly report issued by Coinshares, there was a capital outflow of $513 million from digital asset investment products last week. Since the events on October 11th, the total net outflow has reached $668 million. This indicates that ETP investors have responded relatively calmly to this, while on-chain investors are more pessimistic. The data shows that the capital outflows were almost entirely concentrated in the US market (reaching $621 million). In contrast, investors in Germany, Switzerland, and Canada regarded the price pullback as a buying opportunity, with inflows of $54.2 million, $48 million, and $42.4 million respectively. Bitcoin was the only major asset to experience significant outflows, with a net outflow of $946 million last week. Its year-to-date cumulative inflow is $29.3 billion, still lagging behind the $41.7 billion during the same period in 2024. Investors saw Ethereum's price weakness as a good opportunity to take positio

On October 20th, as per official channels, Evernorth Holdings Inc. (referred to as "Evernorth") announced today that it has officially started its operations and reached a business merger agreement with the publicly listed special purpose acquisition company Armada Acquisition Corp II (Nasdaq: AACI). The company is dedicated to facilitating the institutional-level scalability of XRP. Upon the completion of the transaction, the merged entity will continue to use the Evernorth name and is scheduled to be listed on the Nasdaq Stock Exchange, subject to meeting the listing requirements, under the stock symbol "XRPN." This transaction is anticipated to raise a total of over $1 billion in funding. This includes a $200 million investment from SBI, as well as a joint investment from prominent digital asset and fintech institutions and investors such as Ripple, Rippleworks, Pantera Capital, Kraken, GSR, and others. Ripple's co-founder, Chris Larsen, also participated in the investment. The net

October 20th. According to the monitoring of on-chain data analyst Yu Jin, an investor or institution that received an allocation of 1 million SOL sold a portion of SOL at the end of 2024 and received 2.52 million HYPE. After holding for 10 months, they made their first profit-taking sell-off of part of their HYPE (approximately 15.68 million) today and then bought back SOL. Their profit on HYPE reached as high as $26.7 million. It is reported that the address received an allocation of 1 million SOL in June 2020. In December 2024, shortly after HYPE went live, they sold about 375,000 SOL at a price of around $191, exchanged it for about $70 million USDC, and bought 2.52 million HYPE at an average price of $27.7. After holding for 10 months, today they sold 408,900 HYPE at a price of $38.3, exchanged it for $15.68 million USDC, and then cross-chained back to Solana to buy back 81,100 SOL at a price of $193.

On October 20th, according to market data, a $110 million private placement was announced today to launch the BERA Treasury Strategy. This led to a 33.59% increase in the pre-market trading of the U.S. listed company Greenlane Holdings (GNLN) to $5.13. It is worth noting that based on the closing price of the previous trading day at $3.84, the market value of GNLN was only $5.3244 million. Greenlane Holdings is mainly engaged in the development, distribution, and sale of high-end tobacco accessories, packaging, e-cigarette solutions, and lifestyle products, with business operations covering the United States, Canada, Europe, and Latin America. As previously reported by BlockBeats, this $110 million PIPE financing for Greenlane Holdings includes approximately $50 million in cash and BERA tokens worth about $60 million.