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1. Top News: The total cryptocurrency market capitalization has rebounded above $4 trillion, with a 24-hour increase of 5.6%. 2. Token Unlock: $SVL.
The dangerous signal of "bad news is good news."
It's not about larger scale, but about trust in automation.
A cash game without BTC, with the automatic deleveraging mechanism activated when long and short positions become imbalanced.
In Brief The Pi Network sees renewed momentum with over 210 live applications. The hackathon spurred developers to create usable products on the mainnet. Despite improving usage metrics, the PI coin price remains under pressure.
- 03:10A whale who was trapped in a short position for 5 months turned profitable but failed to close the position in time, resulting in a loss of over $4.8 million again.According to Jinse Finance, Lookonchain monitoring shows that the market crash gave whale 0x5D2F (who has held a losing BTC short position for nearly five months) an opportunity to break even, turning a $27 million loss into a profit. However, he did not close his short position in time. As the market rebounded, he has now lost more than $4.8 million again. Liquidation price: $123,263.
- 03:06RTFKT co-founder Benoit Pagotto, part of Nike's NFT project, has passed away at the age of 41.ChainCatcher reported that Benoit Pagotto, co-founder of Nike's NFT project RTFKT, has passed away at the age of 41. Philippe Rodriguez, founding partner of Avolta Partners, stated that Benoit's passing was "very sudden." The company had provided advisory services for the acquisition of RTFKT by Nike in December 2021. Another RTFKT co-founder, Steven Vasilev, later confirmed the news on the X platform.
- 03:06Project Hunt: Layer1 blockchain BNB Chain's projects with the most new Top influencer followers in the past 7 daysAccording to ChainCatcher, data tracked by the Web3 asset data platform RootData X shows that in the past 7 days, the Layer1 blockchain BNB Chain has become the project with the most new followers among X (Twitter) Top personalities. Influential figures in the crypto space who have newly followed this project on X include well-known crypto trader Ansem (@blknoiz06) and renowned crypto trader Hsaka (@HsakaTrades).
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MoreBitget Daily Digest（October 13）｜Portal to Bitcoin mainnet launch and $50M funding; BTC and ETH rebound in short term, over $8.5B liquidated in 24 hours;
A whale who was trapped in a short position for 5 months turned profitable but failed to close the position in time, resulting in a loss of over $4.8 million again.