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$BP total supply is 1 billion tokens, with only 25% released at TGE. 240 million are allocated to points users, 10 million to Mad Lads, all on the user side. The team, employees, and investors officially have no direct token vault.
The remaining 37.5% will only unlock upon growth milestones, and the unlocked tokens are also distributed to users; another 37.5% goes into the company treasury, locked until one year after a potential IPO.
To cash out, one must go through equity and listing, not by dumping tokens right after the market opens.#SK Hynix Q3 earnings report is coming, can HBM4 boost profitability? $BTC
Figure 1, since 9/21, the downtrend has lasted for more than a month, and the bearish momentum is gradually exhausting
Figure 2, although price volatility is intense, the value area has basically overlapped for three consecutive weeks recently
We have reached the end of the downtrend; we may continue to decline, but I don't think shorting at the end of a bearish trend is a wise decision
The extreme long-short ratio in Figure 3 makes me reluctant to short, even if the decline continues, it is further accumulating fuel for a reversal and rise
Trading is a probability game, and long positions have more room for imagination here
The upcoming week includes an interest rate meeting and the midterm elections the week after; the period starting yesterday may be a golden window for building positions. Looking back in the future, this is very likely to be a golden pit "I don't guess the direction, I just list the conditions—replacing emotions with three ifs."
$BTC 100x short, entry at 81014.7, mark at 80512.7, floating profit 61.96%, buffer 0.62%.
If it breaks below 80,000 → the round number barrier opens, 79,800 and 79,000 are the real spaces, base position follows a segment. It's only about five hundred points away now, the result won't take long.
If it stands back above 81,014.7 → the cost line is reclaimed, indicating I was wrong about this position, close all and admit the mistake. No arguing, no sentiment.
If it grinds around 80,500 → the new order fears becoming a "zombie order": zero profit, funding fees charged on nominal position. If it grinds too long, I leave, not wasting money with it.
Macro still pressing: Fed's first rate hike in three years in September, inflation data exceeding expectations, FOMC at the end of the month, over a hundred thousand forced liquidations on the day it broke below 81,000 last week, panic index at 46. But macro only gives direction, not answers. Writing down the three "ifs", I won't fight the candlesticks anymore. $ETH $ZEC
#10月FOMC临近，美联储暂停加息还有哪些变数？ Don't be fooled by the "publicly listed company": Core's payment partner Mobilum is just a small Canadian shell company
The community promotion likes to use Mobilum as a Canadian listed company to strengthen SatPay's financial endorsement, but many don't know that it is listed on the CSE Canadian Securities Exchange, not Nasdaq or the Toronto main board, and it was delisted from the CSE in April 2026, now only sporadically traded OTC. It has been suspended multiple times in the past, with repeated business restructurings, and its market value has long been only a few million euros, making it a micro-cap stock, far from a leading payment giant.
It does not have a banking license, only a Polish payment institution license and EU VASP qualification. Its debit card channel is still dependent on a third-party card issuer; its cooperation with Core is just a white-label outsourcing partnership, charging technical service fees, with no equity stake in Core or obligation to back funds.
Its small scale and insufficient capital reserves are also core reasons for SatPay's slow approval progress, lacking sufficient reserve funds to handle payment risk control. Coupled with Core itself having no primary VC backing, official nodes continuously withdrawing, and unresolved ghost chip selling pressure. The so-called "listed financial partner" is essentially a small outsourcing service provider with limited resources. This listed company label is more of a packaging narrative.Comparison of RWA Mechanisms: Differences in Transmission Between Asset Revenue Generation and Token Empowerment
In the RWA sector, a common valuation logic is: the larger the asset scale and the higher the TVL, the more foundation the token has for price appreciation. However, an objective examination of the mechanisms reveals that there is often a significant transmission difference between "asset-side revenue generation" and "token-side empowerment."
Comparing these three projects:
$ONDO has a massive tokenized government bond scale. But its token is currently mainly positioned for governance, and on-chain buyback and burn are still under proposal discussion; although OUSG's interest distribution mechanism has been approved through governance, the actual implementation progress remains to be confirmed. Its value driver at this stage relies more on the expectation of asset scale expansion.
$SKY has high on-chain real income, exceeding $100 million quarterly. However, its fund allocation is conservative: only 5% of net surplus is designated for permanent burn, with most profits retained in the treasury. Its token value more reflects the protocol's underlying security and robustness.
$PENDLE holds 50%-60% share of yield trading. After the upgrade, up to 80% of protocol income is used to buy back sPENDLE. It should be clarified that its mechanism focuses on distributing the repurchased tokens to stakers rather than full burn, but this path provides very direct cash flow feedback.
Summary:
The above three projects present three mechanism paths in the RWA sector: ONDO focuses on asset scale expansion and governance expectations; SKY emphasizes a robust foundation under large profit retention; PENDLE focuses on high-proportion income buybacks and direct distribution. #SK海力士Q3财报在即，HBM4能否提振盈利？ The main potential risks focus on two points: first, the foreign exchange headwind caused by the appreciation of the Korean won, leading BofA Securities to lower its Q3 operating profit forecast by 7% to 75 trillion KRW, but still maintaining a "buy" rating and emphasizing the "super cycle argument remains intact"; second, the certification pace of HBM4 was delayed due to interface synchronization issues, and Bernstein data shows Samsung's Q3 HBM revenue has surpassed SK Hynix, indicating a marginal increase in competition intensity. However, Citigroup believes that even facing the above "noise," actual profits will still exceed expectations, maintaining a target price of 3 million KRW for Korean stocks, corresponding to a forecast P/E ratio of only 2.7 times, with the valuation implying a significantly shorter cycle duration.#Robinhood交易业务增长能否延续？ robinhood chain, Robinhood's blockchain, where users trade stock tokens. From October 6 to 12, decentralized exchange trading volume dropped by 30% to $6.35 billion. However, from September 30 to October 12, the total value locked (TVL) in decentralized finance rose to $1.058 billion, with the lending protocol Morpho holding $486.8 million in outstanding loans on the chain. Therefore, lending has now become a significant use case, not just trading. That week, borrowers on Morpho paid about $417,000 in interest and liquidation bonuses, but Morpho recorded zero protocol revenue.Term Structure Radar
$BTC marked positive spread shows a significant shrinkage in the best bid-ask spread. Near-month annualized +18.7%, far-month annualized +6%, near end is more expensive; marked near-far spread +2.26%, best bid-ask spread for buy near sell far +1.07%. Estimated by best executable spread, not by marked annualized for order placement.
$ETH best positive spread corresponds to a very small scale. Buy near sell far bid-ask spread +0.67%, best pair scale about $993; at a scale of 10,000, this only covers about 10%. Insufficient best capacity.
$SOL marked spread is positive, but the best bid-ask spread for buy near sell far is inverted. Near-month annualized +5.75%, far-month annualized +0.43%, near end is more expensive; marked near-far spread +0.11%, best bid-ask spread for buy near sell far -1.12%. Positive marked, negative best.The Truth Behind SatPay's Delay: It's Not Technical Difficulty, But Compliance and Funding Issues
Many people blame SatPay's repeated delays on complex technical development. In fact, the underlying lending and card link technology framework has long been established; the core bottleneck lies in compliance and funding.
Compliance side: This BTC-collateralized self-repaying loan + debit card consumption model spans multiple business categories including crypto assets, credit, and payments. It must comply with the EU's MiCA, various countries' AML anti-money laundering regulations, and card network risk controls. Mobilum only holds a Polish payment license with limited coverage, making cross-regional scaling and approval extremely difficult.
Funding side: Consumer payment businesses require continuous preparation of sufficient reserve funds and risk reserves, and must bear ongoing costs for card network clearing and KYC operations. Core lacks primary VC funding backing, and the ecosystem itself lacks stable cash flow, making it difficult to continuously invest heavily in refining risk control and compliance qualifications.
Adding internal project disruptions: official nodes gradually withdrawing, the August hard fork due to vulnerabilities consuming resources, further squeezing SatPay's budget and manpower.
SatPay is the foundation of Core's revenue buyback narrative. As long as compliance is not achieved and reserve funds are insufficient, it cannot scale commercially, and expected fee buybacks will remain uncertain. Technology is not the barrier; regulatory red lines and continuous funding are the two insurmountable hurdles.Don't wait any longer, Core's "Bitcoin Bank" has not yet obtained a banking license
Many promotions package SatPay as Core's Bitcoin bank, but the facts need to be clarified: SatPay itself does not have a banking license, and its partner Mobilum only holds a Polish payment institution license, not a full-function banking license. It cannot accept deposits and does not have banking qualifications. It is merely a payment service provider, capable only of card issuance and fund transfers, completely different from a traditional commercial bank.
Originally scheduled to launch in the first half of 2026, currently there is only a small-scale beta and a waiting list, with no large-scale commercial use. The hybrid business model of BTC staking plus debit card spending faces complex regulatory reviews under the MiCA and anti-money laundering frameworks in Europe and the US, with card organizations and fund flow approvals continuously stuck.
Institutions like BitGo and Valour are all BTC staking outsourcing service providers; there is no primary VC lock-up backing. Currently, official validator nodes are continuously withdrawing, weakening network consensus.
SatPay is the core source of Core's revenue buyback narrative. Without the endorsement of a banking license, it cannot realize a truly meaningful "Bitcoin bank," and the expected fee cash flow remains uncertain. The so-called banking story is essentially a conceptual packaging of a payment license.Waiting list of 20,000 people ≠ product launch: SatPay's "payment dream" is still stuck at the PPT stage
The community often highlights the waiting list of over 20,000 people to hype SatPay's imminent explosion, but a queue does not equal commercial launch. The payment debit card product originally scheduled to launch in the first half of 2026 is currently only in a very limited closed beta test, not open to the public, and there is no stable real fee flow into the ecosystem.
The only partner is Mobilum, a payment infrastructure service provider, with no deep backing from a large licensed bank. The BTC collateral lending + consumer card model is stuck in European and American regulations, anti-money laundering, and card network clearing approvals, with risk control chain polishing much more difficult than expected. Coupled with internal project disturbances, official nodes continue to withdraw, and the August vulnerability consumed a large amount of development resources, further delaying progress.
SatPay is the core pillar of Core's revenue buyback narrative, expected to provide cash flow to continuously buy CORE, but this remains uncertain. Institutions like BitGo and Valour are only BTC staking service providers, not heavy capital investors. The long waiting list is more of a marketing tactic to maintain community expectations. Without scaled transaction volume support, this payment story essentially remains at the planning stage.The market is grinding, but I held onto the 20x short position. Entered at 0.03715, not stopped out during the mid-range fluctuations.
$AKE price is very honest: a 59% surge on October 23 looks fierce, but futures volume is 93 times the spot, and OI surged 90%—all leverage funds, not real buying. I follow chip supply and unlocking pace, not AI game stories.
The current key is to watch the 0.030 support zone; breaking below will trigger a chain reaction.
Don't be greedy in operations, take profits in batches, and move stop losses up. Key level battles can disperse at any time.
$SOL $APR #BTC现货ETF资金反复，市场买盘能否企稳？ #Robinhood交易业务增长能否延续？ Not "about to launch," but "indefinitely postponed": Latest progress on SatPay, only a waiting list remains
SatPay, which was previously promoted to officially launch in the first half of 2026, still has no publicly confirmed launch schedule. Externally, only a waiting list channel remains, with only a very small number of whitelisted users entering a small-scale Beta, far from a formal version for the general public. The only partner is Mobilum, a new banking infrastructure service provider, with no direct endorsement from large licensed banks.
The core challenge lies in the cross-border payment, self-repaying BTC-collateralized lending combined with debit card model. Regulatory, anti-money laundering, and card network clearing approvals in Europe and the US are extremely difficult, and the risk control process is taking much longer than expected. Additionally, the project team’s focus has shifted: official nodes are gradually withdrawing from block production, and a hard fork in August to fix a reward loophole consumed a lot of resources, further slowing down SatPay’s progress.
SatPay is the foundation of the revenue buyback narrative in the Core 2026 roadmap, with the expected fee buyback logic entirely dependent on it. Now that the product cannot scale and operate smoothly, stable cash flow naturally falls through. The long waiting list seems more like a marketing tactic to maintain expectations, not a sign of imminent launch. Institutional cooperation is just outsourced service; if SatPay is delayed long-term, the entire value narrative will continue to be under pressure.BTC market dominance has returned to 60%, making life really tough for altcoins. The 10x short position on $IRYS is the best example — opened at 0.09636, current price 0.03848, floating profit 600.66%. The price was smashed down smoothly from the high, hardly giving any chance for a rebound.
What's the current market situation? When BTC dips, some buyers step in, but many altcoins see no one catching the fall. A 60% market dominance means that out of every 100 units of market value, 60 are concentrated in Bitcoin, leaving altcoins to fight over the remaining 40. Capital flows to BTC, and small coins that rose too much earlier become the hardest hit during withdrawals.
$WAL follows the same logic. I previously traded it during a hype wave, but once the heat died down, no one caught it. I opened a 10x short at 0.04731, now at 0.04142, floating profit 124.49%. These two positions profit from altcoin funds being drained by BTC's rally.
Many are still waiting for the altcoin season, but the market doesn't lie. The capital focus is on BTC; when BTC rises, altcoins can't keep up; when BTC corrects, altcoins fall even harder. Those who can short with the trend should do so, but remember to lock in profits anytime—only money in your pocket is truly yours. $BTC $ETH #BTC现货ETF资金反复，市场买盘能否企稳？ #中东原油供应风险再起，油价持续走强 A bit of luck, but also watched the market for a few days.
$IRYS has been weakening continuously, underperforming the market, and the unlocking selling pressure is really hitting hard. Shorted at 0.08156, waited for a bearish signal to enter, and got out at 0.03872. The logic is simple: concentrated chips plus unlocking selling pressure, it falls faster than it rises.
In the short term, if 0.038 holds, expect a rebound to 0.05; if it breaks, look for 0.02-0.03.
With 10x leverage, never gamble on a reversal; first reduce position significantly to lock in profits, and keep stop-loss tight near the current price on the remaining position to protect the principal.
$BTC $ETH #中东原油供应风险再起，油价持续走强 Promised to launch in the first half of 2026, but now delayed again? Where exactly is Core DAO's SatPay stuck?
SatPay was originally promoted to officially launch in the first half of 2026, but currently it is only in a small-scale closed Beta test and has not been officially launched to the public. The only partner is Mobilum; there is no direct backing from traditional licensed major banks. Mobilum is just a new banking infrastructure service provider and does not carry a global banking license.
The biggest bottleneck is cross-regional compliance and anti-money laundering review: the model of BTC-collateralized self-repaying loans plus debit card consumption is considered a high-risk hybrid business under European and American regulatory frameworks. The pace of license approvals in multiple regions is slow, and KYC/fund flow rules are repeatedly adjusted. Secondly, the product chain is highly complex, requiring integration of Core chain staking, lending pools, stablecoin transfers, and card network clearing across multiple stages. The risk control model needs a long time to refine.
Adding to the project's own disruptions: official validator nodes are gradually withdrawing, network consensus is under pressure, and after the August vulnerability incident, the team's resource focus was passively shifted.
SatPay is the core source of Core's 2026 revenue buyback narrative, but its revenue loop has not yet been completed. Beta does not equal commercial use; without large-scale real transaction fees, the buyback logic remains suspended. Institutional cooperation is only technical outsourcing; the three key hurdles of licensing, risk control, and clearing have not been passed, so the launch time can only be repeatedly postponed.Reviewing this trade: Shorted $TRUMP at 1.87 with 50x leverage, now at 1.655, floating profit +574%.
The core logic focuses solely on capital flow: related entities hold 80% of the chips, unlocking linearly daily, transferring over $249 million to exchanges within 8 months. Today is the monthly unlock day, with over 900,000 tokens becoming liquid. The Meme sector is simultaneously retreating, with obvious selling pressure. 1.87 is a recently tested resistance multiple times without breaking; after touching it, the position was immediately shorted.
The current price is grinding at 1.655, short-term support at 1.65 is approaching. With 50x leverage, no attachment to the fight; taking profits in batches, leaving a base position with stop loss raised to the cost line.
$BTC $DOGE #10月FOMC临近，美联储暂停加息还有哪些变数？ [Xiaoming's Market Watch]
Amazon's Q3 earnings report is coming soon. With such strong demand for AWS computing power, what are the key points to watch this time?
Xiaoming says directly, the highlight of this earnings report is not how much e-commerce sold, but whether AWS, this "money printing machine," can continue to run at high speed, and whether the hundreds of billions of dollars spent will make an impact.
Key point one: Can AWS maintain its growth rate? The market expects AWS revenue to be around $33 billion to $34 billion. Whether the year-over-year growth can hold at 20% or even higher is the core valuation hinge for Amazon.
Key point two: How crazy is the capital expenditure? Amazon's AI capital expenditure this year is expected to reach $100 billion or even $200 billion. The market is no longer afraid of you spending money, but afraid that you spend money without making profits. If management hints that spending will continue next year, or free cash flow turns further negative, the stock price will still suffer.
Key point three: Can advertising and retail provide a safety net? Advertising has become Amazon's second engine with very high profit margins. If AWS growth slows a bit, better-than-expected advertising and retail can offset that and provide a floor for the earnings report.
What does this mean for Bitcoin? The earnings report directly determines market confidence in AI infrastructure investment returns. If AWS exceeds expectations and capital expenditure is controllable, tech stocks will warm up, and Bitcoin can catch a breather; if the earnings report disappoints, Bitcoin may not escape falling below 79,000 to 78,000!Institutions can withdraw at any time: Core lacks Tier 1 capital backing, so the benefits are as thin as paper
Core was launched fairly, with no top-tier VCs like a16z or Multicoin participating in the initial round, so there are no original chips locked at low prices and no long-term capital ballast. The institutions listed by the community such as BitGo, Valour, and Figment are essentially service providers, not strategic investors.
BitGo and Cobo act as custody channel providers, Valour issues BTC-collateralized ETPs with Bitcoin as the underlying asset, and node service providers earn fees by operating and validating nodes. Their cooperation focuses on BTC staking business; they have no obligation to buy, lock, or backstop CORE. When yields decline or the market weakens, nodes and custody channels can unilaterally go offline and exit.
Only BTCS holds a small amount of CORE in the secondary market, with a very small position size, making it difficult to form effective support. Added to the current risks: official validator nodes continue to withdraw, SatPay has yet to establish a stable income loop, and the ghost chip sell pressure from the August vulnerability remains a hidden risk. These institutional collaborations are merely infrastructure support; lacking capital binding, the benefits can quickly become ineffective with consensus fluctuations.Brothers, currently the three major mainstream coins BTC, ETH, and SOL all show a collective rise in long leverage data, with market bullish sentiment heating up rapidly. Is this a bottom accumulation or a trap to lure more buyers? Let me break down the market straightforwardly for you!
BTC current price is 80489, the market leverage long-short ratio continues to rise, with the number of borrowed coins by longs far exceeding shorts. Although the market has slightly pulled back, the overall bullish sentiment is strong. However, highly consistent sentiment often leads to a shakeout. The short-term 80,000 level is the dividing line between strength and weakness, with focus on the FOMC news release.
ETH current price is 2346, long leverage funds are also continuously increasing positions, highly correlated with BTC’s movement, with no independent trend. The overall trend is currently weak, with key support at 2328; if broken, further weakness is expected.
SOL current price is 101.48, the hottest among the three in terms of long interest, with the long-short ratio rising most noticeably, market elasticity and sentiment premium fully stretched. Currently testing the 100 round number support, 98.87 is the short-term critical watershed; holding above means oscillating with strength, breaking below likely triggers a deep correction.
As the Federal Reserve meeting approaches, market sentiment is restless but the market lacks substantial breakthroughs. Everyone must be wary of the trap of unanimous bullishness and avoid blindly chasing highs. Operate according to key support and resistance levels and follow the trend.
#10月FOMC临近，美联储暂停加息还有哪些变数？ #BTC现货ETF资金反复，市场买盘能否企稳？ #中东原油供应风险再起，油价持续走强 $BTC $ETH $ZEC A number just surfaced on-chain, quite eye-catching.
An address opened a long position of 93,184 ETH on Ethereum, with a nominal value of $214 million. This isn’t a retail trader; it’s one person carrying a mountain.
Dividing $214 million by 93,000 ETH to reverse calculate, the average entry price is about $2,296. If the price drops another 1.75% to $2,256.45, this position will hit the first liquidation threshold.
The second threshold is at $2,226.53, which is 3.05% away from the average price. The two thresholds are only $30 apart.
How close is that? Ethereum’s 15-minute candlestick can cover that distance.
Once the first threshold is breached, liquidation bots will dump the tokens directly into the market, pushing the price down further, triggering the second threshold and adding another layer of selling pressure.
I calculated the losses: $3.73 million at the first threshold, $6.52 million at the second. Not much for a $200 million position, but for the market, it’s spot sell orders dumped within minutes.
I won’t guess the direction. Just one certainty: there’s a clear hidden risk above $2,256.
Longs can treat it as a scale—not to bottom-fish, but to know where to place stop losses.
The position is yours; don’t let someone else’s liquidation price decide your exit.SatPay has no bank backing, nodes are retreating: Can Core's "institutional narrative" withstand on-chain verification?
SatPay's partner is only the new banking infrastructure service provider Mobilum, with no strategic investment or endorsement from traditional licensed major banks, only cooperation on the payment card technology level. Although a small-scale Beta test is open, it has not yet been commercially used on a large scale, and the expected fee buyback cash flow remains on the roadmap.
At the node level, the original plan was to expand validators to enhance decentralization, but the current situation is that the project team is actively and gradually withdrawing official block-producing nodes; after the August reward vulnerability incident, only 21 long-term stable validators remain, the expansion proposal has not met expectations, and the network's decentralization redundancy is relatively weak.
Institutions such as BitGo, Valour, and Figment are all BTC staking, custody, and node operation service providers, not primary VC heavy investors. Their service targets BTC staking business and have no obligation to continuously buy, lock, or support CORE. Their business channels can be taken offline or terminated at any time. BTCS only has a small amount of secondary market allocation, insufficient to form support.
Combined with on-chain data: daily Gas income is meager, and the risk of excess chip sell pressure left over from the August vulnerability still exists. Institutional cooperation is only BTC staking infrastructure support; SatPay lacks heavyweight bank endorsement and node consensus is weakening. This institutional narrative is difficult to verify through real on-chain data.Everyone is bullish, so why isn't the market rising?
The most dangerous market pattern: overheated sentiment, price stagnation
Recently, many have noticed an abnormal phenomenon:
The entire network is unanimously bullish, leveraged longs are piled up, borrowing to go long is continuously soaring,
but BTC remains stuck at the 80,000 level without breaking through or gaining momentum.
This is a typical divergence between sentiment and the market, and it is the stage where shakeouts most easily occur.
$BTC
Long sentiment is fully maxed out, market expectations are unified, but price continues to trade sideways with shrinking volume.
The 80,000 level is repeatedly tested—not building up for a big surge, but rather digesting overheated longs.
Unanimous bullishness is never good news for the market; it often signals short-term risk.
$ETH
Follows the overall market's oscillation and recovery, without independent strength.
Long data is warming up, but the market is weak and still passively following the trend.
$SOL
The 100-level is fiercely contested, with the highest bullish heat and greatest elasticity.
But approaching the unlocking window, sentiment premium is too high; any slight disturbance will cause very volatile swings.
The real core event this week is only one thing: the FOMC Federal Reserve decision
Now all coins are quietly waiting in advance for the news to drop.
The market isn’t not rising; no one dares to move.
Here’s a sincere word for all dollar-cost averaging players:
Volatility is the most wearing, but also the best for accumulating positions.
Spot traders just need to endure the cycle, hold chips, and wait for the outcome.
⚠️Personal market record only, not investment advice
#10月FOMC临近，美联储暂停加息还有哪些变数？ #BTC现货ETF资金反复，市场买盘能否企稳？
Brothers, there was a big shock on-chain: on October 24, 32,380 $BTC rushed into exchanges, worth 2.6 billion USD, marking the largest single-day inflow since April this year.
Veteran traders probably felt a jolt seeing this data. Previously, such large-scale deposits often signaled a phase high within weeks. But history is only a reference, not a strict rule.
Large deposits represent real potential selling pressure, but it doesn't mean the market will crash immediately. These chips might be sold off in batches, or could just be whales repositioning, staking, or posting margin for contracts. In this currently weak market, any small disturbance can amplify panic, and blindly cutting losses now risks getting hit from both sides.
The key is cross-verification. Don’t just focus on this single day’s inflow data; keep a close eye on subsequent exchange outflows, liquidation data, and where the ETF money is actually going.
A single data point can’t decide life or death. Do you think this wave is a deliberate scare tactic by manipulative traders to shake out weak hands, or are they really preparing to dump? How are you handling your positions?
#Strategy财报前瞻：BTC账面收益大幅反弹
#中东原油供应风险再起，油价持续走强 Core without locked VC, institutions leave as they please
Core adopts a fair launch model, and from the start, there were no tier-one VCs like a16z or Multicoin entering to acquire discounted locked tokens, lacking long-term capital ballast. The institutions listed in the market such as BitGo, Valour, Figment, etc., are all service partners, not strategic investors.
Custodians, ETP issuers, and node service providers essentially earn service fees as outsourced partners; they are connected to BTC staking business and have no obligation to buy, lock, or support CORE. The protocol has no long-term binding clauses, so when the market weakens and yields decline, institutions can unilaterally take nodes offline, shut down staking channels, and exit.
Only BTCS holds a small amount of CORE in the secondary market, with a very small position size insufficient to provide support. Coupled with the on-chain situation: official validator nodes continue to withdraw, SatPay lacks strong bank endorsement and has yet to contribute stable cash flow, and the ghost token sell pressure risk from the August vulnerability remains.
Without locked VC constraints, institutions come and go freely; the so-called institutional consensus is inherently very fragile. Brothers, a rare scene has appeared on-chain! The current BTC market is like a two-way meat grinder, with both long and short whales collectively trapped, accumulating unrealized losses as high as 180 million USD!
Currently, BTC is stuck awkwardly at 80793, with funds on both sides caught in a tug of war of losses.
The long whales are in a pitiful state: 294 major holders heavily long at high levels, with an average cost of 87343. The current price is significantly inverted, with total unrealized losses of 56.45 million USD, and only 30% of positions are profitable. All funds chasing highs are deeply trapped.
Short whales have wiped out profits: 564 short whales with a cost of 76612, originally quality low-level short positions. As the market oscillated upward, unrealized losses have surged to 127 million USD, with previous profits almost entirely given back.
The market is currently in an extreme battle, with heavy long liquidation pressure above and severe short losses below creating a need for covering. Large funds are locked in a tug-of-war internally.
With the October FOMC meeting approaching, major funds are all watching and lying low, and the market has completely lost one-sided momentum, resulting in a chaotic and directionless trend.
This kind of two-way loss oscillation is the biggest trap for retail investors; chasing highs and selling lows will only lead to losses on both sides. The only correct operation at this stage is to watch more and act less, patiently waiting for the price to break through the whale cost range and for the market to show a clear direction before following the trend, strictly controlling risk!
#10月FOMC临近，美联储暂停加息还有哪些变数？ #BTC现货ETF资金反复，市场买盘能否企稳？ #中东原油供应风险再起，油价持续走强 $BTC $ETH Core partnership list: Looks like Wall Street, but actually an outsourced chain
Opening Core's institutional partnership list, names like BitGo, Valour, Kiln, Figment line up, at first glance it's easy to mistake it for Wall Street capital groups heavily invested. Peeling back the packaging, this is more like an outsourced service supply chain, not a capital equity alliance.
Custodians, ETP issuers, node service providers, all outsourced roles charging service fees: BitGo is responsible for asset custody channels, Valour uses Core's mechanism to issue BTC-staked ETPs, node service providers undertake validator node operations. They connect to BTC staking business, do not invest in CORE, have no locked tokens, no obligation to support the price, and cooperation agreements can be terminated at any time.
Since Core's Fair Launch, there has been no entry from top-tier VCs like a16z or Multicoin, no original low-price tokens backing it. Only a small amount of secondary market allocation from BTCS, which is negligible in scale.
Adding to the current negative factors: official nodes continue to withdraw, SatPay lacks heavyweight bank backing and has yet to generate stable income, ghost token sell pressure remains unresolved. The glamorous institutional list is just a collection of outsourced service providers, not a financial backing, so the consensus foundation is relatively weak. Brothers, just caught an interesting whale account! This guy has short positions open simultaneously on BTC, ETH, and SOL. Currently, the account is showing unrealized losses, but it's slowly recovering through funding fees.
Here's the position breakdown for everyone:
BTC short｜5x full position
Holding 2,640 BTC shorts, valued at 210 million U, opened at 76331, currently floating a loss of over 10 million U, funding fees already earned 3.09 million U, liquidation price is very high at 142688.
ETH short｜5x full position
106,400 ETH shorts, valued at 250 million U, opened near 2322, slight unrealized loss, funding fees received 4.23 million U.
SOL short｜7x full position
719,900 SOL shorts, valued at over 73 million U, opened at 94.3, unrealized loss of 5.12 million U, funding fee income 3.8 million U.
You can see, he’s not betting on an immediate crash but is using shorts to earn funding fees long-term, relying on a high liquidation price to withstand volatility.
#10月FOMC临近，美联储暂停加息还有哪些变数？ #SK海力士Q3财报在即，HBM4能否提振盈利？ #SK海力士Q3财报在即，HBM4能否提振盈利？ $BTC $ETH $ZEC The truth behind the fee rankings: Who is really making money?
Excluding Tether and Circle, who earn passively from U.S. Treasury interest, the quality of on-chain business depends on two numbers: fees and retention.
$PUMP remains the fee king with $5.26 million in 24 hours, but a 38% retention means 60% of revenue is shared with the ecosystem or incentives. Polymarket has $3.88 million in fees and 29% retention; the heat of prediction markets hasn't fully translated into protocol profits yet. $UNI is the most typical: $1.88 million in fees but only $200,000 retained; 11% retention shows it acts more like a labor platform for LPs, with limited protocol bargaining power.
The real standout is $HYPE — $2.52 million in fees, $1.96 million revenue, 78% retention. Fees aren't the highest, but nearly 80 cents of every dollar earned is retained, making it a model for protocol business. Papertrade, with $1.74 million fees and 100% retention, has surged back into the top five; last week's turmoil didn't bring it down, and its anti-fragility has become its hallmark.
So, the most profitable business in crypto isn't the one topping the fee charts, but the one with the highest retention rate. PUMP wins on scale, HYPE on efficiency, Papertrade on structure. UNI and others should consider: no matter how high the fees, if you can't retain, you're just counting money for others.
#SK海力士Q3财报在即，HBM4能否提振盈利？ "Needs to rise 243.4% to be liquidated — sounds like this position is rock solid. But that number isn’t its own."
Mark price 0.038204 → liquidation price 0.131204, needs to rise 243.4%.
Note the two words at the top: cross margin.
The liquidation price in cross margin mode is calculated based on your entire account equity. It includes this 9,858U, as well as all your other positions in the account — ORDER, ETH, DOGE, ZEC, SNDK, SOL, long ETH, BTC.
So the real meaning of this 243.4% is: this 9,858U is acting as collateral for all the other positions in the account.
And more importantly: the collateral source itself is shrinking. From 14,468 down to 9,858, a decrease of 4,610 — the entire account’s risk resistance is simultaneously declining.
In other words: those thin positions in your account (SNDK 0.93%, long ETH 0.35%, short SOL 0.387%) lose one dollar, the deduction comes from this pool; and this pool is still getting smaller.
Action: first clear those thin, low-tolerance positions, then push this one to breakeven. The bottom line relationship is reversed — what should be protected is this 9,858, not those small positions. $BTC $ETH #10月FOMC临近，美联储暂停加息还有哪些变数？ Brothers, another big signal has appeared on-chain ⚠️: On October 24, 32,380 BTC flowed into exchanges, valued at about $2.6 billion at the time, marking the largest single-day inflow since April this year 📊.
Veteran players will recall history: after similar scale inflows, BTC once reached a local high within weeks 📈. But history can only be a reference, not a mechanical template; the market won’t copy and paste 🧠.
The key point is: coins moving into exchanges only indicate potential selling pressure rising, not that a dump has already happened 💡. These chips might be sold off in batches, or could just be repositioning, staking, or opening contract margins; the motive can’t be determined now 🤔.
The current market is weak, and such news tends to amplify panic 😨. Don’t get led by a single data point; focus next on exchange outflows, liquidation data, and ETF fund movements, cross-verify before making judgments 🔍."1,484.19 vs 0.35% — only by putting these two numbers together can you see the true state of this position."
$ETH 100x long, 2336.65 → 2344.84. Price rose by 0.3505%, theoretical profit should be 35.05%; the card shows +35.05%, +1,484.19 U — indicating the position was not reduced, the original position is still running. This also explains why a 0.35% margin of error is so critical: nominal exposure is 425,000 U, with full volatility transmission.
Lining up the full positions tonight: ORDER 59.98%, IRYS 10x 243.70%, IRYS 20x 43.07%, WET 34.34%, AKE 18.41%, DOOD 16.93%, ZEC 4.09%, DOGE 3.05%, ETH short 2.46%, BTC 1.215%, SNDK 0.93%, SOL short 0.387%, ETH long 0.35% ← this one, at the bottom.
Another number to understand: liquidation price 1817.69, needs to drop 22.5%. This is not just for this position alone — since you are fully margined, this 22.5% is calculated based on the total account value, which includes the 14,468 U from IRYS acting as collateral for you. In other words: your largest position tonight is backing your smallest one.
Therefore: push for breakeven (locking the worst outcome at zero) Looking at this +413% unrealized profit, honestly my hands are a bit shaky. Getting this kind of return on a 20x short position is half judgment, half luck.
$BAT has been so dramatic this round: the roadmap hype pushed it to 128 million monthly active users, and on October 13th it surged 31% in a single day, but it was all driven by leveraged positions with no new announcements. Plus, the buyback shrank from $13 million annually to $140,000, so the fundamentals simply can't hold. I opened a short at 0.19121 seeing the rally was weak, and held it until now at 0.15169.
The 0.15 round number is the bulls' last defense line, and RSI is already approaching oversold territory, so a rebound could happen anytime.
I suggest closing out most of your position to lock in profits, and move the stop loss on the remaining position up to the cost line. With 20x leverage, don't lose back the money you've made.
$ZEC $IRYS #10月FOMC临近，美联储暂停加息还有哪些变数？ #Robinhood交易业务增长能否延续？ Overall assessment: Business is improving, quarterly pressure, valuation is high — a combination of "good company, chaotic quarter." • Growth is slowing, profits are declining: Q3 consensus revenue is about $1.43–1.44 billion (year-over-year +12~13%, significantly slower than Q2's +32%), but EPS is about $0.55–0.56, down −9~10% year-over-year. The slowdown is mainly due to the huge crypto base in Q3 2025 (nominal volume about 80 billion vs. about 49 billion in this year's Q3), not a collapse in demand; EPS turned negative due to the non-recurrence of a one-time RVI gain (Q2 included $129 million), front-loaded expenses, and crypto gross margin drag. • Trading activity structurally "holds up": the trio of stocks (+95%), options (+29%), and event contracts (over 10 times) is enough to offset the year-over-year decline in crypto; daily average crypto in September was about 25% higher than in August, event contracts increased 37% month-over-month, and activity is recovering.On October 10th, a trader lost eight figures in just a few minutes, marking the biggest single-day loss of his career. The reason wasn’t a slip of his own hand, but several major exchanges collectively malfunctioning during extreme market conditions, and to this day, no one has stepped up to take responsibility.
What many don’t know is that this wasn’t the end. In the following months, he lost several million more, which had little to do with the market but was because he refused to stop.
During his review, he said something honest: if he had just shut down his computer and done nothing during that half year, he would be a much better trader now. But sitting there doing nothing didn’t feel like working, it made him anxious, always wanting to recover losses, always wanting to prove he was still capable.
He did the math himself. In a full cycle, the upward phase lasts about 1060 days on average, accounting for 74%, and the downward phase about 380 days, accounting for 26%. But if you only count the period when you can really make explosive profits—when Bitcoin is above the 200-day moving average and gains are most concentrated—that’s only about 237 days, or 16% of the full cycle.
The conclusion is clear: you don’t need to participate in every market move. Being active only 16% of the time, while holding stablecoins or using just a small, affordable risk position during the other 84%, is better than forcing trades.
The real challenge isn’t finding entry points, but judging whether your strategy still works in the current market. When it doesn’t, stop and wait for the next cycle. Those who can stay out of the market preserve the capital for the next opportunity.The trader who lost eight figures on October 10th lost several million more in the following months. This time it wasn't the market killing him, but his own refusal to stop.
He reviewed his trades and said that if he had just shut down his computer and done nothing during that half year, he would be much stronger now. But being in cash isn't like working; it makes you anxious, always wanting to make the money back.
He calculated: an upward cycle phase lasts about 1060 days, accounting for 74%, the downward phase 380 days accounting for 26%, and the real explosive surge window is only 237 days, or 16%. For the remaining 84% of the time, holding cash is more valuable than opening positions.
Knowing when to be in cash is what preserves the capital for the next trade.PCE will only be released after the Fed's decision, and the rebound in the early morning may be directly reversed by the inflation data that night. $BTC options worth $11 billion expire on Friday, but the real variable is hidden two days later.
$BTC is around 80,600. After falling below 80,000 to 79,280 over the weekend, it recovered. This week, ETF net inflows were 301 million, ending two weeks of outflows, but Thursday and Friday combined saw outflows of 773.5 million, with money only entering through one channel. 80,000 is a dual anchor of cost and psychology; if it can't be reclaimed, 78,400 is the next level.
$ETH is around 2,350. ETH ETFs have had outflows for four consecutive weeks, with another 221 million outflow this week, totaling about 1.18 billion lost in October. The price is grinding below the moving average, supported by existing holdings rather than new inflows.
$SOL is around 101. SOL ETFs have had cumulative outflows of about 68 million this month, with zero net flow on Friday. The $100 level is repeatedly tested, but buyers are temporarily absent.
In short: The consensus is that the FOMC will hold steady, but the PCE landing two days later means the early morning volatility might be a false move. The three coins have different capital stories, but they are all waiting for the same thing—whether the data will be favorable.
For record-keeping only, not investment advice.
#SK海力士Q3财报在即，HBM4能否提振盈利？ What is currently truly impacting cryptocurrencies are oil prices, U.S. Treasury bonds, U.S. economic data, and the midterm elections. The weekend rebound does not relieve the pressure.
BTC, ETH, and SOL are all rebounding, but weekend trading volume is low, and this round of gains lacks sufficient incremental capital support. However, BTC spot ETFs have seen a net outflow of about $774 million over the last two trading days, with institutional buying not returning yet; we will continue to watch Monday's situation.
Oil prices have risen to $116.72, and the 10-year U.S. Treasury yield remains near 4.99%. Rising oil prices push inflation higher, and the nearly 5% risk-free yield on U.S. Treasuries continues to absorb liquidity, which is why BTC's rebound has been consistently uneven.
At this time, Trump announced a diesel agreement with Russia, where Russia will immediately supply over 300,000 tons and supply another 500,000 tons in November. After the announcement, futures briefly dropped nearly 5%. On the surface, this increases oil supply, but behind it is an attempt to suppress energy prices before the November 3 midterm elections to stabilize inflation and votes.
Crypto policy is also tied to the elections. The CLARITY Act previously only received 50 votes, 10 votes short of advancing; control of Congress will determine the legislative pace in 2027.
Tonight at 22:30, the U.S. will also release the October Dallas Fed Business Activity Index, with a previous value of 9.8. If the data remains strong, tightening pressure will not disappear.
Today is Monday; we continue to wait and see. Until oil prices, U.S. Treasuries, and ETF funds truly reverse, weekend gains should only be viewed as a correction. 50x short position earned 11x, it's not my skill, it's that $SAND nailed the rhythm this round.
Here's the logic: This coin surged nearly double after the Korean exchange lifted its warning, but there's no fundamental support. The project team's massive token unlock expectation looms overhead, macro CPI data suppresses risk assets, and Binance raised collateral rates to curb leverage demand. It couldn't rise past 0.06123 that day, so I judged the good news was fully priced in and entered.
Now at 0.04762, it has hit the 0.047 support level. Coins that crash this hard often have technical rebounds at any time.
Don't add positions later; take profits on most now, keep a small base position to follow along, raise stop loss near 0.05, don't let the gains fly away.
$ETH $IRYS #BTC现货ETF资金反复，市场买盘能否企稳？ I am the mid-term intelligence guy
$ETH market cap has evaporated by 54 billion USD in nearly three weeks, and this round of adjustment may be nearing its end
Keep a close eye on ETH's deleveraging wave. The market cap has shrunk by about 54 billion in nearly three weeks, with a 15% price correction and overall weakness in altcoins. ETH open interest contracts decreased by 1.3 billion this month; this wave is driven by a combination of decline, chain liquidations, and active position closures.
But looking back to July, open interest contracts shrank even more sharply, then stabilized and rebounded over 32% breaking 2800. Deleveraging is part of the adjustment and, accompanied by panic, often signals the end.
From a mid-term perspective, after risk release, opportunities may be brewing.
$BTC
$SNDK
#10月FOMC临近，美联储暂停加息还有哪些变数？ "Don't mistake a V for a reversal! Pin repair ≠ end of weakness" 📉
$BTC: Returning above 80,000 is just stopping the bleeding, not a cure 🩹. The upper MA7/20/30 around 82,000/82,600/83,100 still act like three gates pressing down, the bearish pattern remains intact. Behind last night's sharp drop: ETF outflows of 773 million over two days, 837 million leveraged longs liquidated (82.8%), Arthur Hayes' liquidation intensified sentiment, and thin weekend liquidity amplified the stampede. 80,000 looks more like short-term support after panic selling.
$ETH: Still the weakest link technically ⚠️. 2,320 hit a two-month low, RSI at 31.8 entering oversold, but all moving averages are overhead, 30-day position only 3.5%. On the capital side, it's colder: ETF net outflows totaled 1.175 billion USD over 14 trading days this month, no fresh funds, making rebounds hard to sustain 💧.
$ZEC: Bounced from 1,119 to 1,210 is just a repair, above MA7 but suppressed by MA20/30. RSI 41.3 not oversold, 30-day position 25%, more like a rebound after a crash. Previously, leveraged longs concentrated liquidations, single-hour liquidations accounted for 98% of the market, don't mistake technical repair for trend reversal 🚫.
Conclusion: The weak cycle remains unchanged, rebounds are tradable, don't rush to call a reversal 🧊. #10月FOMC临近，美联储暂停加息还有哪些变数？ #BTC现货ETF资金反复，市场买盘能否企稳？ #中东原油供应风险再起，油价持续走强 Global asset decline alert! Liquidity tightening, $BTC retreats to key cost zone
📊 Market synchronized signals
✅ BTC, US stocks, gold, and silver all weaken simultaneously; safe-haven funds are not flowing into crypto but instead pouring into US Treasuries
✅ Gold is also being sold off, indicating that this is not a simple risk appetite cooling but liquidity is tightening
✅ Bond market issues a warning first: large corporate financing costs rise, Meta's default cost hits a historic high, big players prioritize hiding money in the safest assets
✅ Rising oil prices make inflation harder to control, pushing back rate cut expectations, and liquidity will only tighten further
Core
BTC's current key defense line is between 80,000 and 81,500, which is the big players' cost zone. Holding this level allows for consolidation; if broken, the next focus is 77,600. The entire market is seeking shelter—don't stubbornly hold in the rain: stabilize above 80,000 before considering bottom fishing, exit first if broken. The real risk of a major crash is still ahead; a big collapse is inevitable. #10月FOMC临近，美联储暂停加息还有哪些变数？ #BTC现货ETF资金反复，市场买盘能否企稳？ #中东原油供应风险再起，油价持续走强 #Robinhood交易业务增长能否延续？ Robinhood Q3财报更像一次“零售交易情绪+加密活跃度+新业务变现”的综合体检。Q2营收13.08亿美元、净利润5.61亿美元已创纪录，但市场更关心Q3能否延续，而非单纯再创新高。 从已披露数据看，Q3股票成交额约2670亿美元，加密成交额约450亿美元，已高于Q2；预测市场合约也继续放量。不过，共识预期营收约13.9亿—14.1亿美元，同比增速可能回落至个位数到低双位数，说明高基数下增长正在换挡。 真正值得盯的是三点：加密交易收入是否回升至Q2的1亿美元以上；预测市场能否继续成为第二增长曲线；净入金、平台资产和Gold订阅是否继续扩大。新业务里，AI交易代理、永续合约和Trump Accounts短期更多是估值故事，对Q3利润贡献有限。 股价近期从100美元上方回落，显示预期并不低。stock若财报同时确认加密回暖、交易活跃度坚挺和新用户资产增长，估值溢价会更稳；若收入仅小幅超预期但指引保守，市场仍可能按“利好兑现”处理。以上仅为财报前瞻观察，不构成投资建议。 $BTC $ETH 📌 Ethereum Glamsterdam's activation window on Hoodi has been postponed; the new time is yet to be determined. The gas accounting for EIP-8037 and mainnet contract interactions still require review, with 13 contracts flagged by the audit as triggers. Currently, this is a pause button, not a cancel button, so holders need not take any action. ⏸️
Market: $BTC 80591, -0.44%, open interest 54.189 billion; $ETH 2345, -1.37%, open interest 30.290 billion; $SOL 101, -0.89%, open interest 6.278 billion. 📉
Options: For October 30 expiry, BTC calls 87,900, puts 49,300, PCR 0.56, notional 11.042 billion; ETH calls 186,800, puts 150,700, PCR 0.81, notional 790 million. Call dominance only indicates a bullish tilt, not that the market has turned bullish. ⚖️
Retail reminder: The settlement price is based on the average price in the half hour before settlement; the heavier the position, the more the spot price is likely to be influenced; ETH upgrade pause does not harm the chain but temporarily removes a narrative catalyst, so the market must bear it itself. 🧭
My judgment is conditional: If no new lows are broken before settlement, bullish positions still provide support; if new lows are broken first, volatility during settlement week may increase, and I will not bet early. 🤔
#10月FOMC临近，美联储暂停加息还有哪些变数？ #BTC现货ETF资金反复，市场买盘能否企稳？ #中东原油供应风险再起，油价持续走强 So tragic, so tragic! Bought coins for $27, now worth 12.2 million on paper, but can't transfer a single cent 😂
In April 2023, an address spent $27.11 to buy about 2.51 trillion PEPE tokens. Just 8 minutes after the transaction, the project team directly blacklisted this address in the contract. Four years later, the coins have grown on paper to about $12.2 million, visible to anyone on the chain, but the owner can't transfer, sell, or move them.
What's even more extreme is that the contract ownership was abandoned long ago, the blacklist is permanently locked, and it can't be changed or undone. The same address also holds LADYS, which is similarly blacklisted. The money is still on the chain, but the person has been permanently kicked out of the game.
In crypto, people show off hundredfold gains every day, but some catch golden dogs and can never get off the ride. Watching this kind of drama makes your palms sweat; this is the daily magic of the crypto world.This weekend's market looks like a stagnant pool, but there's an indicator that's much more honest than the price: the Coinbase premium.
It's currently negative, and not just briefly—it’s staying close to the negative value. To put it plainly: on the US spot side, it's not that someone is quietly buying up, but rather that funds are flowing out. $BTC is hovering almost motionless around 80,000, and many interpret this sideways movement as "the main players accumulating and gearing up for a move." But if you look at the premium, it looks more like a stalemate where no one is buying or willing to sell aggressively, not a buildup.
The most deceptive thing about a stagnant market is this: it gives you no sentiment, yet lets you imagine a direction and then go all in. Instead of guessing when it will move, better to admit—right now, there’s neither a reason to chase longs nor fuel to chase shorts.
So, do you see this sideways movement as accumulation, or as no one stepping in?"933.16% unrealized profit relies on 46.66% actual volatility."
$APR 20x short, 0.0805→0.04294. Leverage ×20 fits perfectly, original position unchanged.
Straightforward temperament: down 47% earns 9x, up 47% recovers all profits.
20x leverage is a symmetrical double-edged sword.
Low liquidity in small coins amplifies risk: normally moves 5%, sudden spike 20%.
Push breakeven (lock loss), lock big gains (secure profit), keep base position (0.0805 as the dead line). #10月FOMC临近，美联储暂停加息还有哪些变数？ $ZEC $IRYS Good morning everyone, just opened my eyes and took a look at the market, and I came to one conclusion: the price hasn't moved, but the money has already left. This is the coldest divergence I've seen tonight.
The total open interest across the network shrank by 1.15% in one day, down to 139.466 billion. Contract trading volume shrank even more drastically, dropping 39.82% in one day, down to 87.708 billion. With volume shrinking like this, BTC is still hovering above 80,500, ETH oscillates around 2,350, and SOL grinds near 101, with price changes all under 0.25%.
The open interest of the three major mainstream coins is also simultaneously moving outward: BTC shrank by 1.65%, ETH by 2.63%, and SOL by 1.83%. The price hasn't collapsed, but positions are withdrawing first. This isn't a panic sell-off; it's big money pulling chips back from the table. Without strong data support on Monday, a 40% volume shrink isn't surprising; but the synchronized withdrawal of positions means it's not just Monday sluggishness.
Only ZEC is moving in the opposite direction: its open interest rose 3.80% in one day, reaching 2.43 billion, and its price jumped near 1,216. However, its liquidation amount reached 3.76 million, surpassing SOL's 3.31 million. The hotter the money chases, the more people get taken out inside; this wave isn't purely strong.
It's like people haven't left yet, but half the chairs are already empty. If BTC can't hold the 80,500 level, the next step depends on whether trading volume returns to fill the gap; with ZEC's chasing method, I won't catch the last leg.
So my trading advice for everyone is simple: don't add positions in the three major mainstream coins, don't chase ZEC at highs, reduce positions one more notch, and wait for volume to return before discussing direction.