BTC falls below the $113000 mark

[Yi Lihua: Market downturn judgment based on data analysis, no insider information] On October 11, Liquid Capital founder Yi Lihua stated that the recent continuous sell-off by institutions was based on market downturn predictions derived from research and data analysis, not insider information. He emphasized that this is the first sell-off since the bottom-buying at over $1,000, and the transparent on-chain activity has also drawn external attention. He pointed out that the crypto space is a competition of long-term survival ability, not the pursuit of every bit of profit.

APT will unlock 11.3 million tokens today, valued at approximately $40.94 million, accounting for 1.131% of total supply. The current circulating supply is 540 million tokens, with a total supply of 1 billion tokens.

((Crypto.com)) CEO Kris Marzsalek stated that the company's systems are operating normally and dismissed recent rumors about the platform's status as 'baseless FUD.' Meanwhile, Wintermute executive Arn Wintermute also expressed confusion over similar rumors and emphasized that the company's operations remain unaffected. Previously, some Telegram channels circulated claims that the two companies had 'suffered heavy losses or liquidations,' but no official announcements of anomalies or downtime have been observed. Multiple users reported that withdrawals and transaction processing are functioning normally, with no signs of service interruptions.

[Ancient Whale Shorts Cryptocurrency, Earning Nearly $80 Million in a Single Day] According to on-chain analysts, a 'BTC ancient whale' opened a high-leverage short position worth $1.1 billion 17 hours ago, including 10x shorting BTC and 12x shorting ETH, and has currently profited $78.56 million. Among them, address 0x2ea...923f4 has closed its position and realized a profit of $72.31 million, while another address still holds a position of 821.6 BTC with an unrealized profit of $6.25 million.

[Bitcoin OG Closes Most Short Positions, Profits Exceed $160 Million] According to data monitored by Lookonchain, a veteran Bitcoin OG has liquidated most of their Bitcoin and Ethereum short positions, leaving only a short position of 821.6 BTC, valued at approximately $92 million. The total profit from this trading operation has exceeded $160 million, demonstrating their precise market judgment.