Matrixport released a market view stating that "the recent price trend of Bitcoin shows that the market is transitioning from a bull market phase to a consolidation phase. Although the macro environment remains supportive, including the continued easing policy of the Federal Reserve and a relatively stable overall liquidity environment, multiple technical and structural indicators show short-term fatigue. Bitcoin has fallen below its 21-week moving average for two consecutive weeks, and this moving average has always been seen as a reliable dividing line between bull and bear phases. At the same time, on-chain liquidity growth has slowed, and realized market value indicators also show a weakening inflow of funds. The flash crash on October 11 highlighted these vulnerabilities - billions of dollars in forced liquidations triggered a chain reaction in the market. The size of open Bitcoin contracts has decreased, long-term holders have started to take profits, and volatility remains low. The interaction of a stronger dollar, declining bond yields, and weak labor market data suggests that global growth momentum may slow down, which could lead to range-bound volatility for risk assets, including Bitcoin, until market confidence is restored.

according to the official announcement, Binance Alpha is the first platform to go live on the Orochi Network (ON), and Alpha trading will start on October 24, 2025 at 16:00 (UTC+8).

on-chain data shows that BlackRock's tokenized fund BUIDL deposited about $500 million in a single transaction on the Polygon network.

7:00-12:00 Keywords: US CPI, gold, CZ pardon

```

 Sandeep Nailwal, co-founder of Polygon, stated on X platform that the BUIDL Fund from BlackRock invested $500 million in Polygon at once.

 according to Ember monitoring, the suspected Bitfinex address mortgaged 300,000 ETH on Aave (about $1.17 billion) to borrow 500 million USDT and transfer it out, and the funds may be used to participate in the Stable pre-deposit activity.

on the morning of October 24th, Bitcoin browser data showed that block 920472 of Bitcoin was successfully mined by a miner named Tether/Est3lar, receiving a reward of approximately 3.13 BTC. The output label on Coinbase shows "ckpool / mined by Tether/Est3lar". Earlier on October 20th, Tether/Est3lar had mined block 919923. The same payment address had previously mined on F2Pool, with a hashrate of around several hundred PH/s. According to public information, ckpool is a standalone mining software that allows miners to mine individually without running a node, enabling them to operate independently and have the chance to directly win all block rewards.

Zepz, a digital remittance service provider (which owns WorldRemit and Sendwave), has launched a new encrypted wallet on the Solana blockchain called Sendwave Wallet. In a press release, Zepz stated that the wallet will offer cross-border payment services using stablecoins to users in over 100 countries worldwide.

 according to on-chain analyst Ai Yi (@ai_9684xtpa), the "100% win rate mysterious whale" went long on 16,093.71 ETH (62.4 million USD) with 5x leverage, with an average entry price of 3862.37 USD and a floating profit of 240,000 USD. It has now become the second largest long position for ETH on Hyperliquid.