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In Brief Allegations arise about Pi Network team's massive coin sales causing price drops. Renowned community member claims team sold coins due to lack of revenue sources. Technical progress on the project hasn't improved investor trust or market sentiment.
Quantum Solutions buys 2,365 ETH in a week, becoming Japan's largest ETH treasury, backed by Ark Invest.Backed by Ark Invest: Confidence from the TopJapan’s Growing Interest in Ethereum
Ethereum records $2.1 billion in stablecoin inflows, the largest in a day, signaling growing investor confidence.What This Means for the MarketEthereum’s Role in the Crypto Economy
Monthly perpetual futures trading volume surpasses $1 trillion for the first time in October, signaling rising crypto market activity.Record-Breaking Month for Perpetual FuturesWhat’s Fueling the Surge in Perp Volume?What It Means for Crypto Markets
- 02:08Data: Addresses holding between 100 and 10,000 ETH increased their holdings by 218,470 ETH in the past weekChainCatcher news, cryptocurrency market analysis firm Santiment released data on social media indicating that Ethereum whales and sharks holding between 100 and 10,000 ETH are finally showing some confidence. From October 5 to 16, this group sold 1.36 million ETH, but in the past week, they have bought back nearly one-sixth (218,470) of that amount, which is a positive signal for Ethereum.
- 01:57INTERPOL arrests 19 suspects in Africa for illegal use of virtual assets and seizes $260 million in terror-related fundsChainCatcher news, according to Decrypt, INTERPOL and AFRIPOL have arrested 83 people in a joint operation targeting terrorist financing and its support for illegal activities across six African countries, with 19 individuals arrested for the "illegal use" of virtual assets. During the two-month operation, authorities from participating countries screened more than 15,000 related individuals and entities, uncovering approximately $260 million in fiat and virtual currencies potentially linked to terrorist activities. About $600,000 has been seized so far, and further investigations are underway to trace and recover more assets.
- 01:45A certain whale address increased its holdings by 1,030 BTC worth $114 millions after being dormant for 3 months.According to Jinse Finance, OnchainLens monitoring shows that after being dormant for 3 months, a certain whale address received 1,030 BTC from FalconX, worth $114.35 million.