According to @coinsph, the Polkadot Deposit Bonus Raffle has been extended until October 31, 2025, keeping the promotion open for users transacting via the Polkadot network; source: Coins.ph on X, Oct 7, 2025: https://twitter.com/coinsph/status/1975501380761886815. According to @coinsph, every 100 USDT or USDC deposit routed through the Polkadot network counts as one raffle entry, which aligns the incentive with stablecoin transfer size; source: Coins.ph on X, Oct 7, 2025: https://twitter.com/coinsph/status/1975501380761886815. According to @coinsph, 500 winners will receive USDT credited directly to their Coins wallet, with eligibility based on qualifying deposits made via the Polkadot network; source: Coins.ph on X, Oct 7, 2025: https://twitter.com/coinsph/status/1975501380761886815. According to @coinsph, participants should review the full mechanics and requirements before depositing; source: Coins.ph on X, Oct 7, 2025: https://twitter.com/coinsph/status/1975501380761886815, full mechanics: https://bit.ly/PolkadotDR.

According to @OnchainLens, a whale deposited $5.5M USDC into HyperLiquid and purchased 118,989 HYPE at an executed price of $46.3 each, with the wallet activity referenced via hypurrscan.io/address/0x62777b535d76a20df2F42B8B7f1EF70d97Bf95D5 (source: @OnchainLens on X; source: Hypurrscan). Based on the reported fill price and size, the notional equals roughly $5.509M, indicating nearly the entire deposit was deployed into HYPE at a cost basis near $46.3 (source: @OnchainLens on X; source: Hypurrscan). Traders monitoring HYPE can track subsequent flows from wallet 0x62777b535d76a20df2F42B8B7f1EF70d97Bf95D5 and use $46.3 as the whale’s observed entry level for risk management and positioning decisions in spot or derivatives markets (source: @OnchainLens on X; source: Hypurrscan).

According to the source, Standard Chartered Research projects that more than $1 trillion could move from emerging‑market bank deposits into dollar stablecoins by 2028 as crypto adoption accelerates. Source: Standard Chartered Research. Stablecoins already accounted for the majority of on‑chain transaction volume in many emerging markets in 2023, with USDT and USDC transfers concentrated on Tron and Ethereum, indicating where incremental flows would likely settle. Source: Chainalysis, The 2023 Geography of Cryptocurrency Report. Traders commonly track stablecoin supply growth and metrics such as the Stablecoin Supply Ratio as liquidity proxies for broader crypto risk, linking changes in USDT and USDC supply to BTC and ETH market depth. Source: Glassnode, Stablecoin Supply Ratio methodology. Global policy institutions warn that rapid stablecoin uptake can accelerate cryptoization and pressure domestic monetary transmission and bank funding in emerging markets, a risk that would be directly relevant if large deposit shifts occur. Source: International Monetary Fund, analysis of cryptoization risks.

According to Onchain Lens, a whale deposited 8.358M USDC into HyperLiquid and opened a long position on XPL with 1x leverage, with the activity tied to wallet 0x7E4E766d0aE5ea9cDED0c694669194Db92800107 tracked at app.coinmarketman.com/hypertracker/wallet/0x7E4E766d0aE5ea9cDED0c694669194Db92800107. Source: Onchain Lens on X, Oct 7, 2025. This on-chain transaction highlights a large capital allocation into HyperLiquid’s XPL market that traders can monitor via the provided wallet tracker to gauge position activity and flow. Source: Onchain Lens on X, Oct 7, 2025; app.coinmarketman.com/hypertracker/wallet/0x7E4E766d0aE5ea9cDED0c694669194Db92800107.

According to the source, analysts predict stablecoins could drain up to 1 trillion dollars from emerging-market bank deposits within three years as depositors prioritize capital preservation over yield, source: the provided source. For trading, this scenario implies rising demand for USDT and USDC liquidity and potential shifts in market depth and pricing across stablecoin pairs on major exchanges during EM trading hours, based on the source. Traders should track aggregate stablecoin market-cap growth and net issuance, especially for USDT and USDC, as high-frequency proxies to gauge whether the forecasted deposit migration is materializing, based on the source.

According to @PolynomialFi, traders are challenged to build a $7 crypto portfolio from a fixed menu priced at $3, $2, and $1 tiers: Bitcoin BTC $3, Ethereum ETH $3, USDC $3; Solana $2, Doge $2, Hyperliquid $2, Fartcoin $2, Aster $2; Plasma $1, BNB $1, WLFI $1, Uniswap $1, Aave $1, Ethena $1, source: @PolynomialFi. Under these constraints, a concentrated BTC-ETH mix could be BTC $3 + ETH $3 + BNB $1 = $7, source: @PolynomialFi. For broader exposure, examples include BTC $3 + Solana $2 + Uniswap $1 + Aave $1 = $7 and ETH $3 + Solana $2 + BNB $1 + Ethena $1 = $7, source: @PolynomialFi. An allocation that includes USDC from the list is USDC $3 + ETH $3 + Aave $1 = $7, source: @PolynomialFi. These mixes strictly follow the asset list and price tags provided in the post, allowing traders to balance concentration versus breadth within the stated $7 budget, source: @PolynomialFi.

According to @MilkRoadDaily, Q3 stablecoin supply increased by $45B, the biggest quarterly rise on record. The source @MilkRoadDaily reports on-chain transfers reached $15.6T and trading volumes hit $10.3T, marking the most active quarter since 2021. @MilkRoadDaily also notes retail usage set new highs, with sub-$250 transfers on pace to exceed $60B this year.

According to @lookonchain, whale address 0x5D2F is down over $27M on a BTC short and deposited an additional $15M USDC on Hyperliquid, which moved the position’s liquidation price to $130,700. Source: x.com/lookonchain/status/1974756308269302208 The linked Hyperliquid explorer page provides the address activity for verification, establishing $130,700 as the current liquidation threshold for this BTC short position. Sources: hypurrscan.io/address/0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7; x.com/lookonchain/status/1974756308269302208

According to @OnchainLens, a whale deposited $4M USDC into HyperLiquid to reduce liquidation risk on its 20x BTC short position, indicating an increase in margin to sustain the trade longer, source: x.com/OnchainLens/status/1974724249752604900; app.coinmarketman.com/hypertracker/wallet/0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7. The position is currently showing an unrealized loss of approximately $28M, source: x.com/OnchainLens/status/1974724249752604900; app.coinmarketman.com/hypertracker/wallet/0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7. Despite the drawdown, the trader is receiving $7.2M in funding payments, which partially offsets PnL pressure and may extend the position’s life, source: x.com/OnchainLens/status/1974724249752604900; app.coinmarketman.com/hypertracker/wallet/0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7.

According to @ai_9684xtpa, BTC printed a new high while a Hyperliquid whale who has shorted BTC four times since March 2025 remains unliquidated. Source: x.com/ai_9684xtpa/status/1974713934226530498 Unrealized loss on the address is approximately 28.08 million dollars, as shown by the trader dashboard and reported by @ai_9684xtpa. Source: hyperbot.network/trader/0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7 and x.com/ai_9684xtpa/status/1974713934226530498 Roughly one hour ago, the address added 4,000,000 USDC in margin on Hyperliquid, raising its liquidation price to 130,687 dollars. Source: x.com/ai_9684xtpa/status/1974713934226530498 and hyperbot.network/trader/0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7 The current average entry price is 111,386.3 dollars, implying the short has absorbed about a 12.5 percent price rise over roughly seven months after adjustments. Source: x.com/ai_9684xtpa/status/1974713934226530498 For traders, 130,687 is the key liquidation threshold for this address if no further margin changes occur, making that zone a critical risk marker to monitor. Source: hyperbot.network/trader/0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7

According to @stonecoldpat0, despite claims that stablecoins will force banks to share deposit yield, USDC and USDT holders generally do not receive the underlying reserve yield unless coins are held on custodial exchanges that choose to share it, limiting direct wallet-level income today, source: @stonecoldpat0 on X, Oct 4, 2025. According to @stonecoldpat0, only when stablecoins rebase on-chain and pass yield directly to user addresses would they exert meaningful pressure on bank deposit pricing, source: @stonecoldpat0 on X, Oct 4, 2025. According to @stonecoldpat0, the trading takeaway is that until USDC and USDT implement on-chain rebasing or other pass-through mechanisms, stablecoin carry remains issuer- or custodian-captured rather than wallet-native, so DeFi stablecoin APYs and bank-competition catalysts are unlikely to see a structural uplift in the near term, source: @stonecoldpat0 on X, Oct 4, 2025.

According to @EmberCN, a whale/institution sold 12,500 ETH at $4,542 via FalconX for $56.77M USDC on Oct 4, 2025 (source: @EmberCN on X; Arkham Intelligence address 0x2aAF355c820676C104bd00Ee6c506FA05998dDa2). The entity had accumulated 60,333 ETH in late September and has offloaded 55,830 ETH over the past three days for $247M USDC, realizing $9.3M profit on this tranche (source: @EmberCN on X; Arkham Intelligence address 0x2aAF355c820676C104bd00Ee6c506FA05998dDa2). Cumulatively, the tracker attributes $85.34M in realized profit from ETH swing trades to this wallet/entity (source: @EmberCN on X; Arkham Intelligence address 0x2aAF355c820676C104bd00Ee6c506FA05998dDa2). Based on the reported figures, the sales indicate most of the 60,333 ETH position has been exited, implying roughly 4,503 ETH remaining for this specific trade cycle for monitoring (source: calculation from figures reported by @EmberCN on X; Arkham Intelligence address 0x2aAF355c820676C104bd00Ee6c506FA05998dDa2).

According to @OnchainLens, over the past three days a whale deposited $23M USDC into HyperLiquid to avoid liquidation on a 20x BTC short position valued at $249M. Source: Onchain Lens on X. The position currently shows a $21.5M unrealized loss but has received $7M in funding payments during the market rebound. Source: Onchain Lens on X. The position reference and wallet tracking are cited via the CoinMarketMan HyperTracker page mentioned by @OnchainLens. Source: CoinMarketMan HyperTracker.

According to the source, an EU risk watchdog warned that current stablecoin safeguards may be insufficient, elevating regulatory and liquidity risks for tokens used on European venues. Source: the source. Under MiCA, issuance and offering of asset-referenced tokens and e-money tokens in the EEA require authorization from 30 June 2024, with strict rules on reserve quality, 1:1 redemption at par, and liquidity stress testing, which can affect market-making costs and available pairs for USDT and USDC. Source: European Banking Authority 2024. The EBA issued technical standards and guidelines detailing reserve composition, liquidity risk management, stress testing, and recovery plans for stablecoin issuers, tightening operational requirements that can influence spreads and funding rates on compliant pairs. Source: European Banking Authority 2024. EU-facing exchanges have already restricted access to unauthorized stablecoins to comply with MiCA, signaling potential shifts in spot and derivatives liquidity toward euro and MiCA-compliant stablecoin pairs. Source: Binance 2024. The ECB has highlighted repeated de-pegs of major stablecoins during past stress events, underscoring redemption and liquidity risks that regulators aim to contain, which can translate into episodic dislocations in EEA trading books if safeguards are found lacking. Source: European Central Bank 2024.

According to @EmberCN, a whale or institution with a cumulative $81.77M profit from ETH swing trades sold another 22,500 ETH today at an average $4,463, routing 10,000 ETH to Wintermute for 44.26M USDC and 12,500 ETH to FalconX for 56.17M USDC, source: @EmberCN; ARKM explorer address 0x2aAF355c820676C104bd00Ee6c506FA05998dDa2. The same wallet accumulated 60,333 ETH in late September at a $4,256 average and has taken profit on 43,330 ETH over the past two days at a $4,388 average, source: @EmberCN; ARKM explorer address 0x2aAF355c820676C104bd00Ee6c506FA05998dDa2. Based on the stated cost basis and exit prices, the tranche sold over the past two days realized approximately $5.72M in profit, source: @EmberCN; ARKM explorer address 0x2aAF355c820676C104bd00Ee6c506FA05998dDa2. Traders can monitor further inflows or outflows from the address to assess ongoing supply from this entity, source: @EmberCN; ARKM explorer address 0x2aAF355c820676C104bd00Ee6c506FA05998dDa2.

According to @EmberCN, an alleged hacker who stole funds from Coinbase users swapped 22.95M DAI to USDC, bridged the funds to Solana, and purchased 100,913 SOL at an average price of $227 about 15 hours ago. According to Arkham Intelligence address pages referenced by @EmberCN, the receiving Solana addresses executed the SOL buys following the cross-chain transfer. According to @EmberCN, the $22.95M notional and $227 reported average fill indicate notable liquidity absorption, a reference level traders may monitor for positioning. According to Arkham Intelligence data cited by @EmberCN, tracking the specified Solana addresses for subsequent transfers may provide early signals of distribution that could impact SOL order books.

According to @OnchainLens, a PEPE whale sold 314B PEPE worth about 3.16 million dollars for 668.35 ETH and 203 thousand USDC, then bought 697,488 EIGEN for 267.66 ETH worth about 1.178 million dollars, source: @OnchainLens; hypurrscan.io/address/0x373704e394ef150241aee836115d78aba3fc5c76. Subsequently the whale swapped ETH to USDC, deposited 1.837 million USDC on HyperLiquid, and purchased 151.19 million PUMP for about 1.02 million dollars and 1.11 million XPL for about 1.09 million dollars, source: @OnchainLens; hypurrscan.io/address/0x373704e394ef150241aee836115d78aba3fc5c76. These on-chain moves show capital rotation from PEPE and ETH into EIGEN, PUMP, and XPL with more than 3 million dollars reallocated, source: @OnchainLens; hypurrscan.io/address/0x373704e394ef150241aee836115d78aba3fc5c76.

According to the source, stablecoins now account for over 1 percent of U.S. M2 money supply, signaling a larger on-chain dollar base that can affect BTC and ETH liquidity, spot volumes, and futures basis. Source: Federal Reserve H.6 statistical release for M2; CoinMarketCap and DeFiLlama for aggregate stablecoin market capitalization. Traders should validate the 1 percent ratio by dividing total stablecoin market cap by the latest M2 and monitor USDT and USDC net issuance as a leading indicator of crypto risk appetite and order-book depth. Source: Tether Transparency; Circle monthly reserve attestations; CoinMarketCap and DeFiLlama. Positioning implications include watching CME Bitcoin and Ether basis, open interest, and funding rates for confirmation when stablecoin float expands, as this has coincided with tighter basis and greater spot depth in prior cycles. Source: CME Group futures data; Kaiko market liquidity metrics.

According to Lookonchain, Circle minted another 750M USDC on Solana about an hour ago, bringing total USDC minted on Solana over the past month to 8B (Source: Lookonchain on X, Oct 2, 2025: https://x.com/lookonchain/status/1973815770355544279). As USDC is natively issued on Solana and widely used for settlement in Solana DeFi, traders often monitor such mint activity as a proxy for on-chain liquidity conditions on SOL pairs (Source: Circle USDC documentation: https://www.circle.com/en/usdc; Source: Lookonchain on X, Oct 2, 2025: https://x.com/lookonchain/status/1973815770355544279).

According to @lookonchain, whale address 0x5D2F that is short 2,041 BTC (about $241.8M notional) deposited 12M USDC on Hyperliquid to add margin and avoid liquidation, setting a new liquidation price at $123,410. According to @lookonchain, on-chain activity referenced via Hypurrscan confirms the 12M USDC deposit to the 0x5D2F account and the updated liquidation level on Hyperliquid. According to @lookonchain, the 12M USDC top-up equals roughly 5 percent of the reported short exposure and places the position’s forced-liquidation threshold at $123,410 on Hyperliquid.