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This year, as the popularity of the DePIN sector continues to rise, IoTeX has achieved several key milestones in the third quarter of 2024, attaining impressive results that have further solidified its position as a leader in the DePIN ecosystem.

Accurately shorting for a profit of 80 millions, on-chain data reveals suspicious funds linked to Garrett Jin.

Survival is everything.



1kx co-founder deposited 2 million USDC into Hyperliquid and opened a 10x leveraged long position on ENA; Trump may indirectly hold 870 million USD worth of bitcoin through TMTG; the probability of a Federal Reserve rate cut in October has reached 97.8%; spot gold hit a record high; the total cryptocurrency market cap has recovered to 4 trillion USD. Summary generated by Mars AI. This summary is generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative updates.
- 05:54Overview of Major Overnight Developments on October 1221:00 (UTC+8) - 7:00 Keywords: rate cut, India, Trump 1. Musk: OpenAI is built on lies; 2. The probability of the Federal Reserve cutting rates by 25 basis points in October is 98.3%; 3. Goldman Sachs: Dollar volatility exceeds S&P 500, losing its safe-haven attribute; 4. He Yi: Will not recover funds from users who picked up low-priced depegged assets yesterday; 5. India is investigating over 400 users suspected of tax evasion on a certain exchange; 6. The US government "shutdown" enters its 11th day, Trump demands to ensure payment of military salaries; 7. Tether and Circle collectively issued $1.75 billion in stablecoins after the market downturn.
- 05:53After Garrett Jin's identity was exposed, he changed his social media privacy settings and deleted some information.ChainCatcher news, on-chain detective Eye posted an update stating: "Hyperliquid whale Garrett Jin immediately changed his Telegram privacy settings after I posted, hiding previously public photos and phone numbers. He also deleted @XHash_com from his personal bio, just as he removed this information from his X profile after @emmettgallic exposed it. It seems he does have something to hide." Previous reports indicated that the community suspects the whale who opened a massive short position on Hyperliquid three days in advance and profited $200 million is likely Bitforex co-founder Garrett Jin.
- 05:53Aster: Will transfer a total of 4% ASTER tokens to the Aster DEX treasury contractJinse Finance reported that Aster posted on the X platform, stating, "We are conducting on-chain fund transfers in preparation for the upcoming Phase 2 ASTER airdrop claim. This time, a total of 4% of ASTER tokens will be transferred from the airdrop reserve pool to the Aster decentralized exchange (DEX) treasury contract. All of these are official transactions executed by the team."