【10.11 Evening Recap | Crypto Markets in the Shadow of Geopolitical Tensions】
The main theme today was “risk aversion”: tensions in the Middle East escalated sharply, a U.S. military aircraft damaged a cargo ship that breached the blockade, at least 15 tanker attacks have taken place in the Strait of Hormuz since September 28, and an attack on Riyadh airport caused major casualties. Risk aversion dominated markets, putting $BTC under pressure—Polymarket shows the odds of falling below $70,000 this year have now surpassed the odds of reclaiming $100,000.
But there was still some warmth on-chain:
🐋 Whales withdrew 26,000 $ZEC worth around $31.93 million from Binance and Kraken within minutes
💰 The six-year vesting period for $FIL is nearing its end. From October 14, annual releases will drop by 68.3 million tokens, reducing selling pressure by 77%
📊 Arbitrum led stablecoin market cap growth with a net increase of $127 million in 24 hours; Avalanche’s September DEX trading volume hit $3.75 billion, up 83.7% month over month
Keep an eye on risks: OKX founder Star Xu called ENA’s USDe leveraged looping the “1010” crash’s main culprit; Bubblemaps exposed a KOL who built a position before promoting a token, then sold three minutes later. In a bear market, recognizing noise matters more than chasing trends.
Tonight, are you holding and waiting, or buying the dip? Share your thoughts in the comments 👇
NFA | DYOR
#比特币 #加密货币 #区块链 #Web3 #MarketRecap
The main theme today was “risk aversion”: tensions in the Middle East escalated sharply, a U.S. military aircraft damaged a cargo ship that breached the blockade, at least 15 tanker attacks have taken place in the Strait of Hormuz since September 28, and an attack on Riyadh airport caused major casualties. Risk aversion dominated markets, putting $BTC under pressure—Polymarket shows the odds of falling below $70,000 this year have now surpassed the odds of reclaiming $100,000.
But there was still some warmth on-chain:
🐋 Whales withdrew 26,000 $ZEC worth around $31.93 million from Binance and Kraken within minutes
💰 The six-year vesting period for $FIL is nearing its end. From October 14, annual releases will drop by 68.3 million tokens, reducing selling pressure by 77%
📊 Arbitrum led stablecoin market cap growth with a net increase of $127 million in 24 hours; Avalanche’s September DEX trading volume hit $3.75 billion, up 83.7% month over month
Keep an eye on risks: OKX founder Star Xu called ENA’s USDe leveraged looping the “1010” crash’s main culprit; Bubblemaps exposed a KOL who built a position before promoting a token, then sold three minutes later. In a bear market, recognizing noise matters more than chasing trends.
Tonight, are you holding and waiting, or buying the dip? Share your thoughts in the comments 👇
NFA | DYOR
#比特币 #加密货币 #区块链 #Web3 #MarketRecap