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According to SEC filings, Ethereum treasury company BTCS (Nasdaq: BTCS) released its Q3 2026 financial report, stating that as of September 30, it holds 49,571 ETH, with a fair value of approximately $133.1 million, down from 70,787 ETH at the end of 2025. Among these, 2,880 ETH are staked, and 46,607 ETH are deposited in DeFi protocols, with most digital assets held as collateral in Aave.In terms of finances, BTCS reported total revenue of $4.09 million for the quarter, a year-over-year decrease of 17.1%. Revenue from DeFi operations was $3.51 million, compared to $720,000 in the same period last year; revenue from blockchain infrastructure was $590,000, down from $4.22 million in the same period last year. The net profit for the quarter was $54.53 million, primarily from unrealized gains of $58.35 million in digital assets; the cumulative net loss for the first three quarters was $49.53 million.Regarding liabilities, as of September 30, BTCS's DeFi protocol borrowings amounted to $63.01 million, with convertible notes at $14.51 million; cash and cash equivalents were $460,000, and stablecoins were $860,000.

According to Glassnode data, as of November 9, the total supply of major stablecoins has decreased by approximately $14.2 billion over the past 30 days, marking the largest monthly decline since June 2022, surpassing the $9.5 billion drop that occurred when Bitcoin fell below $58,000 in July of this year. Glassnode indicates that the contraction in stablecoin supply means that holders are redeeming stablecoins for US dollars and withdrawing from the crypto market, leading to a reduction in liquidity available to drive market rallies.Among them, the largest stablecoin USDT is currently trading slightly below the $1 peg, which Glassnode attributes to investors continuously exiting the stablecoin market. CryptoQuant data shows that the demand for Bitcoin has decreased by 284,000 coins over 30 days, marking the largest decline since March 2025; the Coinbase Bitcoin premium index fell to -0.27% on October 29, the lowest level since November 2022, and as of Wednesday, it remains in negative territory, reflecting relatively weak demand and significant selling pressure in the U.S. market.

CryptoQuant analyst Darkfost stated that within less than a month, the open interest of BTC on the Binance platform has decreased from 10.6 billion dollars to 8.8 billion dollars, a drop of 17%. Meanwhile, its 180-day moving average has risen from 8.4 billion dollars to 8.6 billion dollars. As the open interest falls below the moving average, new signals of deleveraging are emerging in the market. In a bull market phase, this signal typically appears when market corrections are nearing their end, reflecting that traders are reducing their leveraged exposure, which includes both voluntary liquidations and forced liquidations due to insufficient margin.Aside from the fact that this process may last for months in a bear market, a similar signal last appeared in June of this year when the BTC price was below 60,000 dollars, subsequently rebounding to above 87,000 dollars, with an increase of over 45%. Currently, as the open interest declines, the market is also experiencing large-scale liquidations. Low volatility seems to encourage some traders to take on higher risks to compensate for the insufficient returns brought about by the narrowing price fluctuations, making them more susceptible to market reversal shocks. Over the past three months, the monthly liquidation scale on Binance has reached new highs since 2021: over 1.4 billion dollars in August, 1.1 billion dollars in September, and 1.3 billion dollars in October. This trend appears to continue into November, with the liquidation scale exceeding 520 million dollars before the end of the first half of this month.These data highlight the potential losses that leveraged trading can bring to investors. In a market environment with low volatility and shrinking trading volume, blindly increasing risk exposure due to a lack of patience can quickly lead to heavy costs. However, the deleveraging phase also helps improve the market environment. Reducing leveraged positions can lower the risk of cascading liquidations, allowing spot demand to play a greater role in market pricing, thereby helping Bitcoin establish a more robust market structure.

According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) initiated 348 enforcement actions in fiscal year 2026, a decrease of 23.7% from 456 in the previous fiscal year, marking the lowest number since 1991. The enforcement results for that year included cases involving alleged cryptocurrency fraud and failures in the audit of FTX.The SEC stated that it has charged three so-called cryptocurrency trading platforms and four investment clubs for participating in a scheme that allegedly defrauded investors of at least $14 million; in another case, the founder of a Bitcoin mining company was accused of misappropriating $48.5 million, with the company having previously raised over $95.6 million from approximately 6,400 investors. In April, the SEC reached a settlement with Francis Decker, a partner at Prager Metis, responsible for the audit of FTX, regarding the failure to meet professional auditing standards. Fiscal year 2026 was the first full fiscal year under SEC Chairman Paul Atkins, with independent enforcement actions decreasing from 303 in the previous year to 235.

According to Coinglass data, the total contract open interest for ETH has decreased by 6.99% in the past 24 hours, with the current total open interest at 24.643 billion USD. Among them, Binance's open interest is 7.741 billion USD, OKX's open interest is 1.716 billion USD, Bybit's open interest is 1.687 billion USD, and Gate's open interest is 1.689 billion USD.

According to the official announcement, the multi-asset trading platform eToro (ETOR) released its financial report for the third quarter of 2026, showing a net contribution of 186 million USD, a year-on-year decrease of 13%, mainly due to a reduction in cryptocurrency trading activity; GAAP net profit was 15 million USD, a year-on-year decrease of 74%; adjusted EBITDA was 34 million USD, a year-on-year decrease of 56%.As of the end of the third quarter, the number of funded accounts increased by 18% year-on-year to 4.39 million, with assets under management totaling 20.8 billion USD, unchanged from the same period last year.In addition, the number of cryptocurrency trades on eToro in October decreased by 62% year-on-year to 2 million trades. The eToro board also approved a stock repurchase plan of up to 250 million USD.

The on-chain data analysis platform Santiment stated that the number of non-empty Bitcoin wallets reached 59.99 million on October 16, and has since decreased by approximately 108,700. Currently, the price of Bitcoin has fallen below $75,000, reflecting that some small holders may be losing patience.Santiment pointed out that a decrease in the number of wallets does not necessarily mean that the actual usage rate of Bitcoin is shrinking. During prolonged market downturns, small traders often panic and merge wallets or liquidate holdings. This phenomenon of retail surrender has historically been a characteristic before significant rebounds in the crypto market. If the number of wallets continues to decline while the price of Bitcoin stops falling, this signal will become more bullish.

During the quarter ending September 30, 2026, Bitcoin mining company HIVE Digital Technologies produced 1,070 Bitcoins, a 49% increase from 718 Bitcoins in the same period last year. However, affected by the decline in Bitcoin prices, its mining revenue decreased by 7.4% year-on-year to $76 million, while the average Bitcoin price fell from $114,382 to $71,003.As HIVE expands its global mining capacity, its electricity costs rose from $37.9 million to $45.6 million, and due to "weak mining economics," the company recorded a non-cash impairment of $31.2 million on mining machines. During the same period, the company's high-performance computing (HPC) hosting revenue grew by 71% to $8.8 million, accounting for 10.4% of quarterly revenue. HIVE plans to invest up to $493 million to expand its HPC business over the next 36 months, having already invested $145.3 million as of the report date, and plans to spend approximately $35 million to convert its Toronto facility into a Tier-III data center.The financial report shows that HIVE's revenue for the second fiscal quarter was $84.9 million, a year-on-year decrease of 2.7%, which was higher than the market expectation of $79.4 million; GAAP net loss was $78.7 million, or $0.29 per share. HIVE's Nasdaq stock price fell 1.7% to $1.78 after hours on Monday. HIVE's performance further indicates that Bitcoin mining economics are under pressure, with American Bitcoin reporting weakened mining margins last week, and Core Scientific planning to completely exit the mining business by the end of the year.

According to the data panel on the ChainCatcher official website, regarding BTC wallet balances, in the past 7 days, among the top 10 exchanges by balance, Kraken had the largest decrease at 2.36%; Bybit had the largest increase at 3.81%.In terms of exchange asset transparency proof, in the past 7 days, the top three net outflows of reserve assets were Bitget (-$559 million), Binance (-$218 million), and Gate (-$145 million); the top three net inflows were Bybit (+$405 million), Bitfinex (+$309 million), and OKX (+$219 million).

According to Coinglass data, the total contract open interest for ETH has decreased by 6.67% in the past 24 hours, with the current total open interest at 25.97 billion USD. Among them, the open interest on Binance is 7.936 billion USD, on OKX is 1.749 billion USD, on Bybit is 1.796 billion USD, and on Gate is 1.67 billion USD.

Binance has resumed HYPE and APT withdrawals today, earlier than the previously promised deadline. Binance had previously stated that it would restore withdrawals for assets such as HYPE and APT before the end of the following week, while other withdrawal channels still need to undergo security assessments.Cryptoquant data shows that before and after the hacking incident, Binance's BTC reserves decreased from approximately 730,000 coins to 673,700 coins, a reduction of about 56,000 coins; ETH reserves dropped from about 3.48 million coins to 3.08 million coins, a decrease of approximately 400,000 coins. The reserves of stablecoins based on Ethereum fell from about $41 billion to approximately $32 billion, a reduction of about $9 billion, with the latest daily net inflow of about $27.9 million.Arkham data shows that Binance's marked positions are approximately $162.65 billion, covering about 68.5 million addresses, which include approximately 696,184 BTC and 3.454 million ETH. Elliptic reports that the attackers exchanged about $174 million worth of stolen alternative tokens for approximately 2,300 BTC.

According to The Defiant, the total locked value of the decentralized finance protocol Sky has dropped by 15% within a week.During the same period, the circulating supply of the stablecoin USDS issued by Sky has decreased to 5.59 billion dollars. The Sky.money page shows that the savings interest rate set by governance is 3.8%.

The U.S. Commodity Futures Trading Commission (CFTC) reported that as of the week ending November 3, stock fund speculators reduced their net short positions in the CME S&P 500 Index by 27,501 contracts, to 345,246 contracts.

TeraWulf, a Bitcoin mining company listed on NASDAQ, announced its third-quarter financial report, revealing that its Bitcoin mining revenue dropped from $43.4 million in the same period last year to $13.2 million, a decrease of approximately 69%. During the same period, high-performance computing (HPC) leasing revenue reached $63 million, an increase of 774% compared to $7.2 million in the same period last year. Total revenue was $76.2 million, a year-on-year increase of 51%, with HPC leasing contributing 83%, compared to only 14% in the same period last year.The company's net profit attributable to shareholders for the third quarter was $709.9 million, which included a non-cash gain of $728.4 million from the fair value changes of warrants and derivative liabilities; operating losses widened from $24.7 million in the same period last year to $88.2 million, with adjusted EBITDA at negative $12.8 million. As of the end of the quarter, the company held approximately $2.4 billion in cash, cash equivalents, and restricted cash.TeraWulf previously signed a 20-year lease with Anthropic to provide approximately 401 megawatts of critical IT capacity for its Justified campus in Kentucky, with contract revenue of about $19 billion during the initial term. This week, the company announced it received credit backing from Google for project financing and signed an engineering, procurement, and construction agreement with Fluor Enterprises covering three data center buildings, with the first phase expected to be delivered by the end of 2027. As of September 30, its Lake Mariner campus in New York had already generated revenue from 102 megawatts of critical IT capacity, with an additional 336 megawatts under construction; the contracted power capacity at the Muskie campus in Kentucky has been increased from 500 megawatts to 1 gigawatt, pending regulatory approval.

According to Coinglass data, the total contract open interest for ETH has decreased by 7.13% in the past 24 hours, with the current total open interest at 28.155 billion USD. Among them, Binance's open interest is 8.573 billion USD, OKX's open interest is 1.829 billion USD, Bybit's open interest is 1.955 billion USD, and Gate's open interest is 1.785 billion USD.

Bitcoin mining company turned AI cloud computing service provider IREN announced its first quarter results for the fiscal year 2027 ending September 30, 2026, with total revenue increasing by 66% quarter-over-quarter to $228 million. Among this, AI cloud business revenue grew by 182% quarter-over-quarter to $200 million, with a gross margin of 86%; Bitcoin mining revenue fell from $67 million in the previous quarter to $28 million. The net loss for the quarter was $263 million, compared to $684 million in the previous quarter, with adjusted EBITDA at $66 million.The company's contract revenue backlog increased by 22% quarter-over-quarter to $20.3 billion, with contracts and funding support already secured for the annual recurring revenue target of over $4 billion. Due to customer design adjustments and supplier delivery timelines, the expected realization time has been postponed from the end of 2026 to January 2027, and it may extend to February. Additionally, after the end of the quarter, the company signed a five-year AI cloud service contract, priced at approximately $22 million per megawatt, with the customer prepaying 90% of the GPU capital expenditures.

According to Coinglass data, the total contract open interest for ETH has decreased by 6.68% in the past 24 hours, with the current total open interest at 28.157 billion USD. Among them, the open interest on Binance is 8.63 billion USD, OKX is 1.746 billion USD, Bybit is 1.949 billion USD, and Gate is 1.573 billion USD.

VanEck's Head of Digital Asset Research, Matthew Sigel, stated that the total supply of stablecoins decreased by $11.5 billion to $291.2 billion within 30 days, with Tether and Circle accounting for about three-quarters of the decline.

Zach Pandl, the head of research at Grayscale, published an analysis article pointing out that although the hacking attack on Binance on October 19 raised the security losses in the cryptocurrency industry to over $8 billion, a new high for 2026, the proportion of security losses relative to the total market value of cryptocurrencies has significantly decreased in the long term. Currently, Binance has covered 95% of the affected assets, and customers will not bear the losses.Stablecoin issuers like Tether and Circle have assisted in freezing approximately $2.9 billion of stolen funds, accounting for about 45% of the total stolen amount, which is expected to be returned to Binance. Zach Pandl believes that while this incident has temporarily impacted market confidence, it will ultimately drive all exchanges to establish stricter security practices, while also highlighting the importance of institutional-grade custody, prompting more U.S. investors to gain exposure to cryptocurrency assets through exchanges that offer protections such as segregated accounts, cold storage, multi-signature, and commercial insurance.

The on-chain data analysis platform Santiment stated that since Binance was hacked, the supply of ETH on the trading platform has decreased in two phases, but only one of these phases coincides with the timing of the hacker's fund transfer. Data shows that as of the close on October 28, the ETH held by the trading platform accounted for 3.56% of the total ETH supply; by the close on November 2, this ratio had dropped to 3.20%. More than half of the decline occurred on October 29, the day Binance was hacked.Data from TRM Labs shows that approximately 200,630 ETH was transferred out of Binance's hot wallet on October 29. However, the amount of ETH held by major trading platform addresses did not decrease on October 29; instead, it increased by about 39,000 ETH. Subsequently, from November 1 to November 2, as the platform reopened withdrawals, the holdings of related addresses decreased by about 313,000 ETH.From October 28 to the close on November 2, the ETH held by major trading platform addresses decreased by approximately 297,000 ETH, a decline of about 5.4%. Santiment stated that currently, based solely on trading platform data, it is not possible to determine where these ETH ultimately went, nor can it be judged whether they were transferred to cold wallets or moved to other trading platforms.