Odaily reports that, according to Lookonchain monitoring, a certain address traded only on the first day of PaperTrade's launch, with a trading volume of $10.1 billion and a loss of $9.79 million, while obtaining 252 million PAPER tokens. Since then, the address has stopped trading and continued staking PAPER; the rewards obtained have offset the previous losses and generated an additional profit of $1.04 million.

Odaily reports that, according to Arkham monitoring, a whale has spent approximately $3.855 million over the past two weeks to accumulate 3 million OP, seemingly betting that the L2 sector is about to see a recovery, with an average purchase price of $1.285. However, Optimism's revenue this year has declined significantly compared with last year, which may be one of the reasons why it has been slow to initiate its already-approved OP buyback plan.

Odaily reports: SolanaFloor posted on X platform that Cardboardtrade, a perpetual contract protocol regarded as the Solana version of Papertrade, currently has a daily average trading volume of approximately $1 billion.

It is reported that the platform offers leveraged trading of up to 1000x for BTC, ETH, and SOL. The platform's cumulative liquidations have exceeded $564 million, with open interest (OI) reaching $38 million. The data screenshot attached by SolanaFloor shows that the protocol's cumulative trading volume is approximately $4.4 billion.

Odaily: According to Paragon monitoring, PAPER has suspended trading and completed settlement, with all open positions settled at $0.026296. The suspension time was 06:31:15 Beijing time. Paragon stated that the launch plan announced by Papertrade on October 1 had included a phase for opening PAPER transfers, so PAPER was launched in the form of a pre-listing perpetual contract, originally planned to convert to a standard perpetual contract once a spot market appeared. However, Papertrade has now stated that it does not intend to open PAPER transfers, meaning the market has lost the future spot price basis for price convergence. Paragon therefore suspended trading immediately after the announcement, setting a unified settlement cutoff point for all open positions. The settlement price uses the time-weighted average of the oracle price over the 1 hour before suspension, using the same 1-hour averaging window as the Hyperliquid validator-led HyperCore perpetual contract delisting. All open orders have been canceled, remaining margin has been released, realized PnL has been credited to account balances, and traders do not need to take any action. If the PAPER transfer plan changes, Paragon will evaluate whether to resume trading.

Odaily reports: Papertrade founder Jez posted on X in response to the controversy over the non-transferability of the PAPER token, stating that the team was aware of certain unresolved technical issues before the protocol launched, including potential attack risks posed by the perpetual contract market, but had originally expected more time to find solutions.

Jez noted that the team had previously estimated that a large perpetual contract market might take about 6 months to launch, but the relevant market progressed much faster than expected, forcing the team to make a decision before finding an effective solution. To safeguard the protocol's long-term healthy development, PAPER has currently been set to a non-transferable status.

He emphasized that PAPER represents users' rights to the protocol's revenue, and its long-term value depends on whether Papertrade itself can continue to attract traders, rather than whether the token can be freely traded. The team is unwilling to restrict the protocol's business growth in order to support PAPER perpetual contract trading.

In response to community concerns that the rule change harms the interests of early users, Jez stated that the adjustment was not a hasty decision but a risk management choice made by the team based on actual operating data from the first week since the protocol launched, and that the team will continue to adjust protocol parameters in the future to ensure long-term sustainability.

Odaily reports: According to monitoring by on-chain analyst Ai Yi, an address is going fully long on oil, holding the TOP1 position in Hyperliquid CL and the TOP4 position in BRENTOIL. Among them, the CL position is 149,000 contracts, worth $14.73 million, with an average entry price of $98.14, and a current unrealized profit of $109,000; the BRENTOIL position is 93,000 contracts, worth $9.98 million, with an average entry price of $106, and a current unrealized profit of $48,000.

Odaily: Decentralized trading platform Aster announced on X that, in light of recent developments related to PAPER and potential market risks, it has immediately adjusted the PAPER pre-market perpetual contract market to reduce-only mode.

Aster stated that the contract will be officially delisted at 9:45 AM Beijing time on October 20, and advised users still holding open positions to proactively close them before the delisting.

The platform said this move is a precautionary risk management measure aimed at maintaining orderly market trading.

Odaily reports that according to GMGN market data, PEARL has broken through $2, currently trading at $2.01, with a 24-hour gain of over 5% and a cumulative increase of 82.2% over the past month. Its current market cap is approximately $702 million.

Previously, Coinbase announced that it would add Pearl (PEARL) to its listing roadmap.

It is reported that Pearl is an independent public chain launched in April 2026, positioned as the "AI version of Bitcoin." It uses GPUs to perform large-model matrix computations, enabling miners to provide verifiable AI computing services while participating in block production. The total token supply is approximately 2.1 billion.

Recommended reading: PRL Surges 3x — Can Pearl Become the "AI Version of Bitcoin"?

Odaily reports: BlackRock, the world's largest asset manager, submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) on October 19 to launch the iShares Bitcoin Managed Protection ETF, ticker PBIT.

The fund intends to obtain returns linked to the iShares Bitcoin Trust ETF (IBIT) or similar Bitcoin-related assets through options and fixed-income investments, without directly holding Bitcoin or a Bitcoin ETF. The initial loss threshold for each batch is approximately 10% of the reference asset's starting value.

This threshold does not guarantee that shareholders will lose no more than 10%; the threshold may change, and if calculated from a higher market value, actual losses could exceed the initial limit. Shareholders may still lose some or all of their investment.

The fund will limit potential gains during upswings by selling call options, and will allocate to cash, money market funds, short-term government debt, and investment-grade fixed-income securities. The amendment to the existing registration statement is proposed to take effect 75 days after October 19, and the management fee has not yet been determined. (Bitcoin.com News)

Odaily reports that OpenAI is accelerating a funding round of approximately $30 billion, after which the company's valuation could exceed $1.4 trillion.

Reports indicate that OpenAI aims to complete this funding round before competitor Anthropic's anticipated initial public offering (IPO) in mid-November. The funding has not yet been officially finalized, and specific terms remain uncertain. (Cointelegraph)

1. Pump.fun launches Pre-IPO token trading, supporting 8 companies including OpenAI and Anthropic;

2. Papertrade keeps PAPER token non-transferable due to perpetual contract attack risks, and has not yet announced when trading will open;

3. The U.S. Blockchain Association supports the Treasury Department's GENIUS Act implementation rules and calls for clear regulatory requirements for stablecoin issuance and sales;

4. Mastercard launches stablecoin security tools to support payment fraud and sanctions risk screening;

5. Strive's holdings increase to 36,818 bitcoins, with 1,223 purchased from last Wednesday to Friday;

6. Micron Technology will hold a technical webinar on October 21, during which it will introduce the company's multi-generation technology roadmap, customer co-design, and long-term research layout;

7. Managing $2.7 billion in assets, Multicoin Capital remains committed to crypto investing and holds its largest position in HYPE;

8. With about 100% of votes in favor but not yet reaching the quorum, ENS DAO initiates voting on the ENSv2 mainnet activation proposal;

9. Echo Protocol will gradually shut down the protocol, and core businesses such as lending and strategies have stopped accepting new funds;

10. Sophon officially confirms that the mainnet will be shut down on November 30, and users need to withdraw assets before November 25.

According to Odaily monitoring, this address achieved a 100% win rate (12 rounds) on BTC trades between September 18 and October 13, 2026. From 01:04 to 09:20 on October 20, it increased its BTC short position from approximately $680,000 to approximately $2.11 million, adding about $1.43 million.

Address: 0xf517639a8872e756ac98d3c65507d2ebc25cc032

BTC trading rounds: 12; Win rate: 100.00%

Statistics period: 2026-09-18 to 2026-10-13

Odaily reports: According to SoSoValue data, yesterday (October 19, U.S. Eastern Time), U.S. ZEC spot ETFs recorded a total single-day net outflow of $10.4472 million, while NEAR spot ETFs recorded a total single-day net inflow of $5.4184 million.

On the ZEC side, only the Zcash ETF (ZCSH) recorded a net outflow on the day, amounting to $10.4472 million, with cumulative historical net inflows of $152 million. As of press time, the total net asset value of ZEC spot ETFs stands at $602 million, with a net asset ratio of 3.15% and cumulative historical net inflows of $152 million.

On the NEAR side, only the Bitwise NEAR ETF (NRR) recorded a net inflow on the day, amounting to $5.4184 million, with cumulative historical net inflows for the fund of $88.4653 million. As of press time, the total net asset value of NEAR spot ETFs stands at $86.9531 million, with a net asset ratio of 1.35% and cumulative historical net inflows of $88.4653 million.

Odaily: According to SoSoValue data, yesterday (October 19, U.S. Eastern Time), SOL spot ETFs recorded a total single-day net outflow of $6.7215 million.

The SOL spot ETF with the largest net outflow yesterday was Bitwise Solana Staking ETF (BSOL), with a single-day net outflow of $4.8816 million; its cumulative historical net inflow currently stands at $1.175 billion.

Next was Fidelity Solana Fund ETF (FSOL), with a single-day net outflow of $1.8399 million; its cumulative historical net inflow currently stands at $230 million.

As of press time, the total net asset value of SOL spot ETFs is $1.625 billion, the SOL net asset ratio is 0.00%, and cumulative historical net inflows have reached $1.551 billion.

Odaily reports: The Blockchain Association has submitted comments on the U.S. Treasury Department's proposed implementation rules for Section 3 of the GENIUS Act. This provision primarily governs the eligibility of entities issuing and selling payment stablecoins within the United States.

The Blockchain Association stated that it supports the core regulatory framework proposed by the Treasury Department in principle, but calls for further clarification of the definition of digital asset service providers, the criteria for determining "knowing participation" conduct, and the compliance requirements for foreign stablecoin issuers, in order to reduce uncertainty during the rule implementation process. (The Block)

Odaily: BNB Chain has opened a dedicated community forum section for its new Layer 1 network NewL1. The section went live in July 2026 and was promoted on October 17 and 19. NewL1 is EVM-compatible and targets trading, payments, and AI use cases, including support for AI agents to trade autonomously. Its target performance metrics include pre-confirmation of under 50 milliseconds, over 100,000 TPS, and sub-second finality. NewL1 will not issue a new token; BNB is the sole gas token. It will introduce the TxStream structure to reduce front-running risk, add privacy-enhancing features, and build a native cross-chain bridge connecting to BSC. The forum will discuss technical topics such as token economics, consensus protocols, and privacy, while price speculation is prohibited.