Odaily News: A wallet suspected to be associated with the Ethena team has withdrawn a cumulative $68.26 million worth of ENA from centralized exchanges. Approximately 2 hours ago, it withdrew $13.1 million worth of ENA from Bybit and $55.16 million worth of ENA from Coinbase. The Ethena project team posted a series of transaction hashes on X 8 hours ago, though the specific details have not yet been disclosed.

According to Blockaid monitoring, a vault on the Base chain is currently under attack. The attacker added a brand-new contract to the vault's whitelist, then borrowed aBaswstETH and transferred it to the attacker's contract. The attack is still ongoing, and approximately 4 transactions have resulted in about $2.02 million in assets being stolen.

Odaily reports, according to GMGN data, the market cap of Solana ecosystem Meme coin SI briefly surged past $50 million, now at $47.02 million, up 28.61% in 1 hour.

Musk just posted on X platform: "No more AI, SI, It's better."

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily reports: In the first half of 2026, listed Bitcoin mining companies reduced 75 EH/s of realized hashrate, which, at a purchase price of $20 per TH/s, corresponds to approximately $1.5 billion in mining machine investment. Some power resources were reallocated to AI infrastructure.

Statistics from 12 companies show that asset impairment and write-downs classified as assets held for sale during the same period totaled approximately $1.1 billion, with IREN and Core Scientific accounting for nearly 89%. IREN recognized approximately $695 million in related impairment and write-downs from January to June 2026. (Bitcoin.com News)

Odaily reports that Bitcoin long-term holders have remained in profit throughout this cycle. Since 2015, no previous bear market has seen this situation; in every past bear market, the long-term holder MVRV would fall below 1 at the cycle low, meaning this group as a whole was underwater.

In the current cycle, the long-term holder MVRV has remained above 1 at its lowest point and has now begun rising again.

Odaily reports: Crypto analyst Darkfost posted on X that Bitcoin's price volatility around the "Power Law" trendline is gradually decreasing, with market cycle fluctuations converging. As of October 3, the model's oscillator indicator stood at +34.5, with Bitcoin priced at approximately $84,700. Based on the model parameters for that day, the Bitcoin price corresponding to an oscillator reading of +100 is approximately $157,800, about 86% higher than the current price.

However, Darkfost also noted that $157,800 is not a fixed target price, but rather a reference level calculated based on current regression parameters. If the Power Law trendline continues to rise in the future, this reference price will also increase accordingly.

Odaily News reported on X platform that trade.xyz's total transaction count has surpassed 200 million, of which 1,043,400 were liquidation transactions.

According to monitoring by Benson Sun, founder of Coinkarma, at around 23:00 on October 1, U.S. stocks and gold weakened simultaneously, but the Binance BTC/USDT spot market saw consecutive market buy orders of approximately 400 BTC, supporting the price above $84,000, with the final candle closing as a doji.

At around 1:30 on October 3, the market briefly saw approximately 1,400 BTC in market sell orders within the same price range, causing the price to dip and form a relatively long lower wick, before ultimately holding that zone. At the time, sell orders of approximately 100 BTC appeared every few seconds, but each time the price dipped, it was pulled back by buy orders. This zone highly overlaps with the $83,000–$84,000 range where on-chain holdings have recently accumulated rapidly, and buying reactions became relatively pronounced after BTC entered this range.

Odaily reports, according to on-chain analyst Ai Yi's monitoring, an address withdrew 1,420 ETH from OKX over the past 3 hours, worth $3.823 million, at a withdrawal price of $2,692.47, and subsequently deposited it into Lido for staking.

Odaily: Bitget PoolX is about to launch a new round of its ETH locking event. Users can lock ETH to participate in sharing a $200,000 airdrop, with a personal locking cap of 1,500 ETH. The locking period is from October 5, 15:00 to October 9, 15:00 (UTC+8).

This round of PoolX supports a long-term holding bonus mechanism. The system will provide a 1x additional bonus on the locked amount based on the user's minimum holding of the corresponding locked asset over the past 15 days. For more details, please refer to Bitget's official platform.

Odaily reports: Crypto analyst Ali posted on X platform that Nvidia (NVDA) shares hit an all-time high of $237.88 on October 2, up nearly 14% since September 14, and are currently testing resistance at the upper boundary of a channel, with potential to rise further toward a target price of $260.

As the AI sector regains market attention, he is watching two related ETFs. The first is the Direxion Daily Semiconductor Bull 3X ETF (SOXL), which seeks to deliver 3x the daily performance of a semiconductor index. SOXL appears to be breaking out of a channel structure on the 4-hour chart, and if the $150 support level holds, the trend could point toward $210.

The other is the Roundhill Memory ETF (DRAM), which primarily invests in global memory chip companies. DRAM is currently forming an ascending triangle consolidation pattern, and if it breaks above $64 on an hourly close, it could confirm a breakout, with a target of $80, representing a potential gain of about 25%.

Ali added that Nvidia's rally has refocused market attention on the AI sector, and he will be watching whether the technical patterns of these two ETFs further confirm the continuation of the AI rally.

Odaily reports: According to official sources, Gate will host a press conference on October 8 during TOKEN2049 Singapore 2026 at Raffles Hotel Singapore, inviting global media representatives to participate in on-site exchanges. Gate Founder and CEO Dr. Han will attend and serve as the keynote speaker.

The press conference will focus on Gate's upcoming new products and future development roadmap. Dr. Han will share the background behind the launch of the new products, their positioning, and future plans, and will engage with attending media on Gate's thinking regarding the next phase of financial services development, while also answering media questions on business development, product direction, and industry trends.

In addition to the press conference, Gate is expected to participate in multiple events during TOKEN2049 Singapore 2026. Gate Founder and CEO Dr. Han will deliver a keynote speech on the TOKEN2049 main stage; Gate will also set up a brand booth and Gate Lounge at the event venue, and will host the Gate Gala award dinner on October 8 at Raffles Hotel Singapore to engage with global industry guests. Through a series of events, Gate will engage in multi-level exchanges with industry participants, media, and ecosystem partners, sharing the latest business progress and future development plans.

Odaily News: Pump.fun's protocol revenue over the past 30 days reached $55.5 million, surpassing Hyperliquid's $54.34 million and trailing only Tether's $508 million and Circle's $208 million.

Odaily: Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission, said that regulatory agencies already possess substantial existing statutory authority. While participating in the work of the President's Working Group on Digital Asset Markets, he has studied statutory authorizations and legislative-level authorities, and will continue to issue regulatory rules in the crypto sector based on existing regulatory authority to prepare for the development of new areas in finance.

Odaily reports: Brazil's presidential election will be held on October 4, and the result could influence the country's crypto policy direction (Brazil ranks first globally in crypto adoption). Incumbent President Lula is facing off against former President's son Flavio Bolsonaro. If incumbent President Lula is re-elected, regulation and compliance requirements are expected to be strengthened, and the central bank has already tightened oversight of exchanges; he may also push for taxation of stablecoin transactions (previously shelved due to the election). If former President's son Flavio Bolsonaro wins, his crypto stance is unclear, and there is no record indicating he has ever mentioned cryptocurrency. However, he previously defended someone associated with the "Bitcoin Pharaoh" pyramid scheme. (Bitcoin.com News)