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1Bitget Daily Digest（October 17）｜Grayscale XRP Spot ETF Ruling Imminent; SEC to Rule on 16 Major Crypto ETFs;2Massive $536M Outflow Hits Spot Bitcoin ETFs3Research Report｜In-Depth Analysis and Market Cap of Meteora(MET)
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Flash
- 20:01Since early October, more than 400,000 ETH have flowed from exchanges into cold wallets.Jinse Finance reported that since early October, other major investors and institutions have been steadily increasing their holdings of Ethereum, with more than 400,000 ETH flowing from exchanges into cold wallets. Exchange reserves have dropped to their lowest level in three years, indicating that large institutions are still holding long-term positions rather than engaging in short-term speculative trading. According to on-chain data, the cumulative institutional holdings of corporate bonds and Ethereum ETFs have now exceeded 12.8 million ETH, accounting for more than 10% of the total supply.
- 18:47Forward Industries holds 6.87 million SOL and achieves a daily profit of thousands of tokens.Jinse Finance reported that Forward Industries has announced its Solana reserves have reached 6.87 million SOL, with a total investment of approximately $1.59 billion and an average cost of $232.08 per SOL. The company generates over 1,000 SOL in daily income through a 7.01% staking yield, making it one of the largest Solana reserves in the world.
- 18:02Analyst: The current top 50 altcoins are trading below their post-FTX crash levels in 2022VentureCoinist founder and crypto analyst Luke Martin posted on X, stating that this chart perfectly illustrates why, even though $BTC is still above $100,000, market sentiment remains bearish/weak; currently, the top 50 altcoins are trading below the levels seen after the 2022 FTX collapse.