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Owen Gunden's Wallet Sends Over $290M Worth of Bitcoin to Kraken Amid Increasing Market Scarcity

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The Federal Reserve announced a 25 basis point rate cut and halted quantitative tightening (QT), but the market experienced short-term panic due to Powell's hawkish comments regarding uncertainty over a rate cut in December. Bitcoin and Ethereum prices declined. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still in the process of iterative improvement.

Bitcoin is showing clear signs of weakness, and market confidence is being put to the test.




- 02:05Data: The total net inflow of US Solana spot ETF today is $37.33 million, marking the third consecutive day of net inflow.ChainCatcher news, according to SoSoValue data, as of October 30th Eastern Time, the total net inflow of US Solana spot ETFs reached $37.33 million. Bitwise Solana spot ETF BSOL had a single-day net inflow of $36.55 million, bringing BSOL’s historical total net inflow to $153 million. Grayscale Solana spot ETF GSOL had a single-day net inflow of $780,000, with GSOL’s historical total net inflow reaching $2.18 million. As of press time, the total net asset value of Solana spot ETFs is $440 million, and the Solana net asset ratio (the proportion of market value compared to Solana’s total market cap) is 0.44%. The historical cumulative net inflow has reached $155 million.
- 02:05Hedera spot ETF in the US saw a single-day net inflow of $29.9 million, reaching a record high; Litecoin spot ETF had no net inflow or outflow.Jinse Finance reported, according to SoSoValue data, that on October 30th Eastern Time, Canary HBAR spot ETF HBR saw a net inflow of $29.9 million, setting a new record high since its listing. As of press time, the total net asset value of the Canary HBAR ETF is $33.05 million, and the HBAR net asset ratio (market value as a proportion of HBAR's total market value) has reached 0.41%. Canary Litecoin spot ETF LTCC had no net inflow or outflow. As of press time, the total net asset value of the Canary Litecoin ETF is $1.34 million, and the LTC net asset ratio (market value as a proportion of LTC's total market value) has reached 0.02%.
- 02:05The US spot SOL ETF saw a net inflow of $37.3 million yesterday.According to Jinse Finance, monitored by FarsideInvestors, the US spot SOL ETF saw a net inflow of $37.3 million yesterday.