Helium to Introduce HNT Buyback Mechanism and Explore Digital Asset Treasury Business

October 21st. The Smarter Web Company, a UK-listed enterprise, enhanced its holdings by 10 bitcoins, resulting in a total holding of 2660 bitcoins.

On October 21st, according to the monitoring of HyperInsight (accessible via https://t.me/HyperInsight and opened in a new tab), the related address (0x0b5) of Andrew Kang, a co-founder of Mechanism Capital, continuously increased his short position in BTC for three hours. The current notional value has reached $103 million, and he placed partial take-profit orders at $106,000. According to the monitoring, after last night's announcement that "Trump said he would impose 155% tariffs if no agreement is reached", the address adjusted its position accordingly: closing a long position of approximately $5.42 million in ENA and adding $24.86 million to the short position in BTC and $2.58 million to the short position in ETH. Currently, it has made a profit of $5.27 million this week, with a total notional value of approximately $1.33 billion. All positions are in a floating profit state, with a floating profit margin of over 30%.

On October 21st, as monitored by Onchain Lens, a whale sold all 381,554 HYPE tokens at an average price of $36.78, realizing a profit of $4.16 million.
A total of 10 months ago, this whale initially acquired these HYPE tokens at a price of $25.87, which amounted to $9.87 million.
If the whale had sold at the peak price of HYPE, it could have achieved a profit of $12.8 million.

On October 21st, Matrixport presented the following market insights: The 21-week moving average has once again emerged as a key observation point for the trend of Bitcoin. This level has always been regarded as an important dividing line for the conversion between bullish and bearish markets: when the price is above it, it usually indicates that the market is shifting from bearish to bullish; while a drop below it generally means the start of a market correction. If Bitcoin fails to regain this level for a long time, the current consolidation trend may further develop into a deeper pullback. The current pullback is still relatively mild. Against the backdrop of the market's general expectation that the Fed will continue to cut interest rates, the overall trend may remain controllable unless there is a significant weakening in the US economy. From a historical perspective, the ideal entry point often occurs when Bitcoin briefly drops below this moving average a