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Bitcoin steadies near $110K as traders brace for October’s US inflation report. The CPI print could set the tone for BTC’s next move, with volatility expected to surge once the data hits.
Quick Take Summary is AI generated, newsroom reviewed. Hacker moved $10.8M in Ethereum via Tornado Cash after the October 2024 exploit. The original Radiant Capital hack drained $53M from its lending pool. Privacy mixers like Tornado Cash make tracing stolen funds difficult. The incident highlights security challenges in the growing DeFi sector.References The Radiant hacker has deposited $10.8M tied to the Oct 2024 exploit in $ETH to Tornado Cash, per Certik.
Bitcoin price is holding above $111,000 as a familiar RSI signal reappears — the same setup that fueled a 15% rally last month. On-chain data shows renewed accumulation and easing profit-taking, but BTC must break above $116,500 to confirm another leg higher.
- 02:11A whale spent 5.1 million USDC to purchase 17.76 million ENA tokens at an average price of $0.2874.According to ChainCatcher, monitored by Lookonchain, a mysterious whale address is currently buying large amounts of ENA tokens. This address withdrew 13.11 million USDC from an exchange and deposited 6.6 million USDC into Hyperliquid to purchase ENA. So far, the address has spent 5.1 million USDC to purchase 17.76 million ENA tokens at an average price of $0.2874.
- 02:02MegaETH: Pre-collected funds will be refunded, and refunds will be processed through a new contractChainCatcher News, The official MegaETH account posted on X stating, "We have decided to refund all funds raised through the pre-deposit bridge. Due to careless and hasty execution, the outcome did not align with our goal of backing pre-deposits 1:1 with USD collateral to guarantee mainnet redemption. The subsequent impacts of this decision include: 1. The contributions of depositors will not be forgotten. However, all communications must comply with regulatory standards (i.e., 'At this stage, we must follow best practices in information disclosure'), and the refund process requires a new smart contract, which is currently under audit. Refunds will be issued as soon as the audit is completed. 2. USDm is an important component of the MegaETH economy and will be supported by many Frontier applications. Therefore, we will reopen the USDC to USDM conversion bridge before the Frontier mainnet launch to deepen liquidity and simplify the user registration process prior to launch."
- 02:02Data: An ancient whale suspected of selling another 1,300 ETH, worth $3.94 millionAccording to ChainCatcher, on-chain analyst @ai_9684xtpa has monitored that an ancient ETH whale from 2016, with a cost as low as $203.22, has allegedly sold another 1,300 ETH through Wintermute, worth $3.94 million. If sold, the profit would be $3.676 million, with a nine-year return rate of 1,391%. Since November 17, this whale has cumulatively transferred 6,000 ETH to Wintermute, with a total value of $18.16 million and an average deposit price of $3,026.77.