[Coin World] On October 11, news from the data platform reported that during today's large-scale liquidation, the trading volume (in the past 24 hours) of a certain DEX on the Solana blockchain reached an all-time high of $4.49 billion. Amidst severe market fluctuations and traders hurriedly adjusting their positions, a certain DEX led this trading frenzy with a trading volume of $2.34 billion.

[Coin World] The DeFi project Wolf has locked 57% of its total Token supply (worth approximately 13 million USD) for two years, after a contractor exploited a bridge vulnerability worth 600,000 USD, leading an early investor to subsequently sell about 2% of the Tokens. The company, led by CEO Siraaj Ahmed and CTO Robert Freeman of its parent company Byrrgis, is implementing "zero trust" security principles and stricter vendor controls to enhance stability and transparency.

[Chain News] On October 11, it was reported that during a large-scale liquidation activity this morning, a certain DEX on the Solana blockchain handled over $8 billion in volume, with one DEX ranking first with a volume of $2.49 billion. The 24-hour volume of four DEXs on the Solana blockchain exceeded $1 billion.

[Coin World] According to monitoring, despite the rise in ZEC prices, a certain Whale (0 xcf 9...5 c 0 e) opened ZEC long positions yesterday that still incurred a loss of 1.27 million USD, and the long positions in PUMP that it held were also liquidated, resulting in a loss of 4.92 million USD.

[Coin World] On October 11, an executive from a certain trading platform shared the views of Quinten, co-founder of weRate, on social media: "During the COVID crash, $1.2 billion was liquidated, during the collapse of a certain trading platform, $1.6 billion was liquidated, and today $19.31 billion is being liquidated. People hope to buy in during the COVID crash, and this is the current COVID crash."

[Coin World] The latest data from a certain data platform shows that Bitcoin is currently testing a key support level, which is the "cost price defense line" of newly entered large investors. This line represents the average holdings cost of important new entrants. Historically, large investors tend to defend this cost line to avoid losses, and since August, this position has repeatedly become a strong demand bottom, including the last two times. The core question facing the market now is whether these large investors will intervene again to support prices. The market trend at this upcoming key level is crucial.

The founder of the DeFi protocol dForce, Mindao, pointed out that the current big dump in the digital asset market is similar to the LUNA crash, as illegal fiat stablecoins used as high LTV collateral have triggered risk dispersion, emphasizing the combined danger of high stake rates and market price feeding. LSD assets also carry the same risks.

On October 11, according to monitoring, 8 hours ago, a Whale spent 4.97 million USDT to buy 60.88 billion PEPE. The Wallet still holds 1 million USDC and may continue to purchase.

[Coin World] In the second week of October, the cryptocurrency market consolidated, with a Bitcoin whale transferring $360 million worth of Bitcoin, possibly shifting to Ethereum; the US SEC received 31 applications for crypto ETFs; Japan's new Prime Minister may promote optimized blockchain regulation; Ethereum validators exiting the queue reached 2.4 million, worth over $10 billion.

The payment product Anyspend launched by Base's on-chain consumption network B 3 will go live with the token ANY on October 11, 2025, and an airdrop will be conducted for early users. 5% of the total airdrop amount will be used for community rewards, and 90% of the tokens will be allocated for the airdrop. The airdrop campaign for the second quarter has also been initiated.

Dov, the founder of Mango Labs, pointed out that most market makers have now become market Takers, focusing on Taker rather than open orders. He believes that due to the increase in projects and the cost of Liquidity, market makers tend to quickly sell off after new coins are listed to gain profits, resulting in a big dump of many alts.

On October 11, the founder of ZeroBase posted on social media that they have added another 30 million dollars to the pool, and users who need to withdraw coins can operate as soon as possible.

On October 11, the founder of ZeroBase responded on social media to today's market rumors regarding the "ZeroBase collapse," stating that users who need to withdraw quickly can do so, and he will immediately add funds to the pool.

[Coin World] Ethera Labs further clarified in a statement, confirming that no positions have experienced automatic reduce position (ADL). USDe does not hold any short positions on any DEX. Previously, it was reported that USDe had depegged and fell to 0.66 USDT.

On October 11, Liquid Capital (formerly LD Capital) founder Yi Lihua stated that the institution has been clearly closing all positions recently, and he has repeatedly issued reminders. The on-chain transparency has even detected certain behaviors, which is the first time since buying the dip from over $1000, as investment research data indicates a fall. There are no insider secrets, only data. Trend Research also did not manage to close all positions at the peak. In the crypto world, OGs are compared by who can last longer, not by trying to make every penny.

[Chain News] On October 11, it was reported that the Bitwise Avalanche ETF has been listed on DTCC, with the stock code BAVA.

[Chain News] On October 11, it was reported that U.S. stocks closed lower on Friday, with the Dow Jones Industrial Average initially down 1.9%, the S&P 500 index down 2.7%, and the Nasdaq Composite index down 3.5%. The Nasdaq and S&P 500 index recorded their largest single-day declines since April 10. Major tech stocks fell broadly, with Amazon, TSL, and NVIDIA down about 5%, and Apple down 3.45%. Blockchain concept stocks also saw significant declines across the board, with a certain trading platform down 7.75% and Circle down 11.66%.

【Coin World】Data source, Bitcoin market news today, BTC Bitcoin latest price: $110015.17, 24-hour fall -9.27%, volume $748.52 billion

[Coin World] According to data from the data platform, the Bitcoin market news today is as follows: BTC latest price: $112231.32, 24-hour fall -7.59%, volume $748.52 billion.

[Coin World] Galaxy Digital Inc. ( NASDAQ/TSX: GLXY ) will announce its financial results for the third quarter of 2025 before the market opens on October 21, 2025. CEO Michael Novogratz and the management team will hold a conference call at 8:30 AM Eastern Time and will conduct a live webcast. Galaxy is a digital asset and data center infrastructure company that operates an 800-megawatt campus in Texas, with an additional project capacity of 2.7 gigawatts currently in planning.