According to @OnchainDataNerd, 4 hours ago a single address withdrew 25M ENA (about $6.7M) from Bybit, based on their on-chain monitoring post on X (source: @OnchainDataNerd). According to @OnchainDataNerd, the same address has accumulated total withdrawals of 285.51M ENA (about $85.36M) from Bybit and Coinbase over the past three weeks (source: @OnchainDataNerd; wallet reference: ARKM Intel address 0x631eE55b8Ecd7Afb53ec30211a082691a4Cbe3ae). According to @OnchainDataNerd and the ARKM Intel address page, these outflows indicate at least 285.51M ENA now reside off those exchanges at the referenced address, which is directly relevant to exchange-tradable ENA liquidity (sources: @OnchainDataNerd; ARKM Intel).

According to @OnchainLens, a wallet linked to Ethena Labs purchased 25M ENA worth $6.7M from Bybit, based on Nansen data (source: @OnchainLens, @nansen_ai). The wallet now holds 285.15M ENA valued at $76.46M at address 0x631ee55b8ecd7afb53ec30211a082691a4cbe3ae (source: @OnchainLens, @nansen_ai). The transfer reflects a 25M ENA exchange outflow from Bybit recorded by Nansen (source: @OnchainLens, @nansen_ai). The reported figures imply an average price near $0.268 per ENA for the buy, calculated from the amounts cited (source: @OnchainLens).

According to @OnchainDataNerd, Coinglass data shows roughly 408,000 traders were liquidated in the past 24 hours for a total of about $2.21 billion, including $2.04 billion in long positions, based on Coinglass. Among exchanges, Bybit and Hyperliquid saw the largest liquidation totals at $693 million and $691.7 million, respectively, per Coinglass data cited by @OnchainDataNerd.

According to @OnchainLens citing Nansen data, a wallet likely linked to Ethena Labs accumulated 260.15 million ENA over the past two weeks from Bybit and Coinbase Prime. According to @OnchainLens (data: Nansen), the reported acquisition cost totals about 78.66 million USD, implying an average cost basis near 0.302 USD per ENA. According to @OnchainLens (data: Nansen), the current mark-to-market value is roughly 66.55 million USD, reflecting an unrealized loss of about 12.1 million USD or approximately 15.4% versus the stated cost basis. According to @OnchainLens (data: Nansen), the tracked address is 0x631eE55b8Ecd7Afb53ec30211a082691a4Cbe3ae.

According to @OnchainDataNerd, Galaxy Digital withdrew a total of 324,440 UNI, valued at approximately $2.44 million, from Binance and Bybit about an hour ago (source: https://twitter.com/OnchainDataNerd/status/1989197120197599408). The transactions are attributed to address 0x16F6d15381bEE4A25B25F0d1C4161b78f7F21Fde, which can be verified on Arkham Intel (source: https://intel.arkm.com/explorer/address/0x16F6d15381bEE4A25B25F0d1C4161b78f7F21Fde).

According to the source, BTC derivatives activity may take two quarters to recover after the Oct. 10 flash crash that wiped out about $19 billion in open interest, said Max Xu, Bybit’s derivatives operations director. Recovery may not arrive until Q2 given the single-session removal of roughly $19 billion in BTC derivatives open interest on Oct. 10, said Max Xu of Bybit.

According to @OnchainLens, wallet 0x98fb1dca5b82e2b4bd27f3f7bf952ec8c76f79b4 redeemed 9,026 ETH (USD 31.05M) and deposited 7,665 ETH (USD 26.37M) to OKX and Bybit on Nov 13, 2025 (source: @OnchainLens). According to @OnchainLens, the wallet had been previously tagged as SharpLink, but SharpLink denied any connection (source: @OnchainLens).

According to @OnchainDataNerd, whale wallet Hm8po accumulated 121,000 $TRUMP (about $951,000) from Bybit roughly 50 minutes before the post (source: @OnchainDataNerd on X). According to @OnchainDataNerd, the wallet now holds 233,500 $TRUMP valued around $1.81 million with an average entry price near $7.08, and the disclosed on-chain address is intel.arkm.com/explorer/address/Hm8po3HV8wage3ZkrxB3UtyprUjGK6d8H9n9bZhbafsP (source: @OnchainDataNerd on X).

According to @ai_9684xtpa, Stable Phase 2 pre-deposits reached 242 million USDC within 25 minutes of opening, pushing the progress bar to nearly half with many transactions still pending, source: X post https://x.com/ai_9684xtpa/status/1986440094048563286 and Etherscan contract address https://etherscan.io/address/0xd9b2cb2fbad204fc548787ef56b918c845fcce40#tokentxns. According to @ai_9684xtpa, the first depositor address 0xba62DF5490DBdA16cfE82a694d9ECd694C38a2dB sent 98,998.5 USDC and paid about 243 USD in gas, completing in 11 seconds, source: X post https://x.com/ai_9684xtpa/status/1986440094048563286 and Etherscan address transactions https://etherscan.io/address/0xba62DF5490DBdA16cfE82a694d9ECd694C38a2dB#tokentxns. According to @ai_9684xtpa, early small depositors show signs of exchange-originated flows with small ETH for gas from OKX and USDC from Bybit, with funding and deposit times closely aligned, source: X post https://x.com/ai_9684xtpa/status/1986440094048563286 and the deposit contract’s on-chain transfers on Etherscan https://etherscan.io/address/0xd9b2cb2fbad204fc548787ef56b918c845fcce40#tokentxns. For traders, the rapid fill rate and observed 243 USD gas cost highlight execution risk and potential fee pressure during the deposit window, source: Etherscan transaction details above and @ai_9684xtpa’s X post https://x.com/ai_9684xtpa/status/1986440094048563286; monitoring the contract’s token transfers on Etherscan can inform timing and confirmation risk management, source: Etherscan contract page https://etherscan.io/address/0xd9b2cb2fbad204fc548787ef56b918c845fcce40#tokentxns.

According to @EmberCN on X, a whale with a 14-trade winning streak went all-in short on ETH at 3,300 and closed the position about seven hours later at 3,404, realizing an estimated 1.45 million USD loss, source: @EmberCN on X, Nov 6, 2025. According to @EmberCN, the trader added margin by withdrawing 3,922 SOL from Bybit and converting to about 618,000 USDC, which explains how the realized loss exceeded the previously noted 1.4 million USD remaining capital, source: @EmberCN on X; reference tracker link provided in the post via hyperbot.network. The post also states it was sponsored by Bitget, source: @EmberCN on X.

According to @jp_mullin888, the project is nearing 600M dead ERC20 $OM tokens. Source: @jp_mullin888 on X, Oct 29, 2025. According to @jp_mullin888, Bybit, KuCoin, Bitpanda, HTX, Crypto.com, and Indodax were publicly called on to help push the tally over the 600M mark. Source: @jp_mullin888 on X, Oct 29, 2025. According to @jp_mullin888, this milestone request to major venues puts attention on OM supply tracking and potential venue support that traders monitor. Source: @jp_mullin888 on X, Oct 29, 2025.

According to @OnchainLens, a multisig wallet linked to @gddog (founder of Ethena) withdrew 48M ENA, valued at $20.41M, from Binance and Bybit over the past 3 days based on Nansen data. According to @OnchainLens using Nansen labels, the wallet address is 0xA7eEA194794D1BEe1067C8fA7D8dbC8ca94A907a and the transfers were exchange outflows from Binance and Bybit to this multisig. According to @OnchainLens citing Nansen, the reported totals imply an average transfer value of approximately $0.425 per ENA during this period.

According to @EmberCN, two whale/institution addresses sent a combined 17.857 million ASTER worth $22.88 million to centralized exchanges today, split as 9.575 million ASTER to Binance and 8.282 million ASTER to Bybit (source: @EmberCN X post dated Oct 17, 2025). For Whale 1, who previously accumulated 64.535 million ASTER via Gate, a total of 58.608 million ASTER ($92.25 million) has been transferred into Binance over the past week, including 9.575 million ASTER ($12.53 million) today; the address now holds 5.926 million ASTER ($7.42 million), and the author expects this remainder could be cleared by tomorrow morning (sources: @EmberCN; Arkham Intelligence address 0xFB3BF33Ba8E5d08D87B0db0e46952144DF822833). For Whale 2, which joined the WLFI public sale with 10 million USDT for 200 million WLFI, 8.282 million ASTER was withdrawn from Bybit three weeks ago at $2.03 (valued at $16.86 million) and then sent back to Bybit eight hours ago; with ASTER at $1.25 per the author, that tranche reflects an unrealized loss of $6.52 million (sources: @EmberCN; Arkham Intelligence address 0xE549be6f8c3d804b2E76fbEd3f0B45CaF10387f0). From a trading perspective, today’s deposits increased exchange-side ASTER supply by at least 17.857 million from these two addresses; if Whale 1’s remaining 5.926 million is also deposited as the author anticipates, the combined potential exchange-available supply from these two could reach approximately 23.783 million ASTER in the near term (sources: sizes and expectation per @EmberCN; Arkham Intelligence).

According to @RhythmicAnalyst, some exchanges used Auto-Deleveraging to close profitable short positions and he calls ADL market manipulation that should be banned; he distinguishes normal liquidations as lender protection versus ADL impacting counterparties, source: @RhythmicAnalyst on X (Oct 11, 2025). In crypto perpetual futures, ADL is triggered when the insurance fund cannot absorb bankrupt losses, and opposing traders’ positions are forcibly reduced based on a priority metric tied to leverage and profit, source: Binance Futures Auto-Deleveraging documentation and Bybit ADL guide. High-leverage, highly profitable positions in crowded markets face the highest ADL ranking and are more likely to be reduced during extreme volatility or thin liquidity when insurance funds are stressed, source: Binance Futures ADL explanation and Bybit Risk Limits documentation. Trading actions that reduce ADL exposure include monitoring the ADL indicator or queue on each position, lowering effective leverage, trimming position size, and using hedges or stops to manage forced reductions, source: Binance Futures and Bybit Help Center guidance on ADL indicators, liquidation, and risk limits. Because ADL orders execute at market price, traders can experience slippage and realized PnL variance across major perpetual markets including BTC and ETH; staying alert to rising ADL indicators is critical during stress events, source: Binance Futures ADL notes and Bybit ADL documentation.

According to @OnchainLens citing Nansen data, a Gnosis Safe Proxy wallet transferred 11.67 million ONDO (approximately $10.87 million) into exchanges. According to @OnchainLens citing Nansen data, 3.89 million ONDO (about $3.63 million) from that flow was sent to Arthur Hayes' Bybit deposit address, and a total of 40.77 million ONDO (about $41.25 million) has been deposited into the same Bybit address over the past month (address: 0x4D29A09D022C054811dAdf9eE921C43ca091fA03). According to @OnchainLens, all figures are derived from on-chain tracking via Nansen.

According to @ai_9684xtpa, Flowdesk-linked addresses withdrew 3.513 million EIGEN from Binance, OKX, and Bybit within the past 30 minutes, indicating significant exchange outflows for EIGEN during the rebound move, source: @ai_9684xtpa on X, Oct 5, 2025. The withdrawn amount was valued at approximately $6.635 million at an average withdrawal price of $1.88, source: @ai_9684xtpa on X, Oct 5, 2025. The tokens were subsequently consolidated to address 0xA93...2A915, source: @ai_9684xtpa on X, Oct 5, 2025. The post includes an ARKM Intel wallet reference at 0x7391375e8b8Cbbe1e03A7EC1b3EE65961B38a2a6 for on-chain verification, source: @ai_9684xtpa on X with ARKM Intel link intel.arkm.com/explorer/address/0x7391375e8b8Cbbe1e03A7EC1b3EE65961B38a2a6, Oct 5, 2025.

According to @EmberCN, 90 million WLFI valued at roughly USD 18.46 million were moved into Bybit within the past hour at about USD 0.205 per token, source: @EmberCN on X, Oct 3, 2025. According to @EmberCN, the same address withdrew 96.88 million WLFI from Bybit about a month ago at an estimated price of USD 0.225, source: @EmberCN on X, Oct 3, 2025. According to @EmberCN, these figures imply an estimated loss of about USD 1.89 million on the returned WLFI, source: @EmberCN on X, Oct 3, 2025. According to the source, the referenced address is intel.arkm.com/explorer/address/0x8C43369166d42dA3cf289b7caA72C57E98496CAd, source: Arkham address explorer.

According to @ai_9684xtpa, four wallets deposited 14.52 million ENA valued at $8.9 million into Bybit. Source: @ai_9684xtpa. The receiving Bybit address reportedly had frequent interactions with Mirana Ventures about three years ago, but its ownership remains unconfirmed. Source: @ai_9684xtpa. The wallet for review is 0x2bbe282A893D2Cb4672306a7e879e3cca4A1Cda6 as listed on the Arkham Intelligence explorer shared in the post. Source: Arkham Intelligence via the link referenced by @ai_9684xtpa. Large token deposits to centralized exchanges are commonly monitored by traders for potential changes in on-exchange liquidity that can influence near-term price dynamics. Source: CryptoQuant research on exchange inflows.

According to @EmberCN, Bybit and Plasma launched a chain-adoption push that pairs Bybit’s ongoing Token Splash with a 9 million XPL trading reward pool for users, source: @EmberCN. From September 29, USDT withdrawals from Bybit via the Plasma Network carry zero withdrawal fee, aimed at lowering capital rotation costs for arbitrage and multi-address fund routing, source: @EmberCN. Depositing USDT to Bybit via the Plasma Network grants raffle tickets worth 0.5 to 100 USD each, but users must first claim the Benefits Center task titled Bybit invites you to explore Plasma before depositing, source: @EmberCN. The campaign set also includes a fixed 400 percent APR Earn offer for 3 days alongside the 9 million XPL trading pool as part of Bybit’s Plasma-focused adoption drive, source: @EmberCN.

According to @OnchainDataNerd, wallet 0x500Bea59133e20dC63B7E88913B30348494b84ba withdrew 2.16M ASTER (about $4.24M) from Bybit roughly 30 minutes ago, indicating a single large outflow from the exchange; source: https://twitter.com/OnchainDataNerd/status/1972857125073486292. The address and transfer details can be verified on Arkham Intelligence at intel.arkm.com/explorer/address/0x500Bea59133e20dC63B7E88913B30348494b84ba, confirming the on-chain movement; source: https://intel.arkm.com/explorer/address/0x500Bea59133e20dC63B7E88913B30348494b84ba. The reported notional implies an average transfer price of approximately $1.96 per ASTER based on the figures provided (4.24M divided by 2.16M); source: https://twitter.com/OnchainDataNerd/status/1972857125073486292.