📰 Bounty Watch · Morning Brief · Thu, 10-15

Major cryptocurrencies broadly pulled back today. BTC fell 3.05% to $81,063, ETH fell 5.93% to $2,363, and SOL and BNB also dropped 5.04% and 3.57%, respectively. Overall sentiment was weak.

Walrus stood out with a strong gain today, rising 46.4% over 24 hours to $0.06085. The drivers behind this move remain to be seen, but such a strong performance is certainly rare against a weak broader market. By contrast, Zama, Optimism, and Grass fell 16.3%, 15.7%, and 15.0%, respectively, while Jito and Raydium also posted losses of over 13%. L2 and infrastructure projects were clearly under pressure.

Other key points

Following its acquisition of Coinme, Polygon secured a U.S. payments license, giving its ecosystem expansion a practical boost.

Jito fell 14.4% today, though no specific price was reported. As a core part of the Solana ecosystem's infrastructure, this sell-off may present a dip-buying opportunity.

Reserve Rights rose just 2.5% today to $0.002052. It was relatively quiet but remained in positive territory.

🐋 Whale Watch Yesterday (Exclusive)
• Fasanara Capital account: +$5.54M (+17.7%)
• WinterMute (market maker) account: -$21.32M (-37.6%)
• 24h channel: Whales 192 / Red Alerts 4

⚠️ For research purposes only; not investment advice