First, the main point:

The TLBL hacker spent 3.4 million DAI over the past hour to buy 1,650 ETH

Security incidents like this first affect risk appetite. In the short term, watch whether capital shifts toward a more cautious stance.

Major coins:

$BTC 73,388.69 (-1.95%)

$ETH 2054.55 (-3.09%)

BNB 679.35 (-1.4%)

SOL 83.18 (-3.27%)

There’s some pressure, but it’s not yet a trend reversal.

News:

1. A wallet linked to the Ethereum Foundation sold another 1,000 ETH 9 hours ago, worth about $2.03 million

2. LAYER will unlock about $1.35 million worth of tokens today, equal to 12.9% of its circulating supply

As for capital flows:

Fear and Greed Index: 29 (Fear), down 3 from yesterday

BTC overall account long/short ratio: 2.92, with longs at 74.5%

$5.26 million liquidated market-wide in the past hour, with long positions accounting for 33.2%

Top movers:

Top gainers: ONE +34.08%, INIT +27.69%, ARIA +25.65%

Top losers: JCT -41.22%, ON -39.93%, PIEVERSE -16.73%

What people are discussing on the Square:

#比特币连续五周下跌 #特朗普媒体Q3增持1510枚比特币

My take:

Keep an eye on capital flows: ETF flows and the long/short ratio among large traders are the two most noteworthy figures today.

What will you do today?

Just use this as a reference—don't take it all as gospel.