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Quick Take Summary is AI generated, newsroom reviewed. BitMine purchased 104,336 ETH worth $417 million during a 20% price dip. Rising Ethereum whale activity signals renewed institutional accumulation. On-chain data confirms large holders are steadily increasing their positions. The move highlights confidence in Ethereum’s long-term strength despite short-term volatility.References 🔥 TODAY: BitMine bought 104,336 $ETH worth $417M as prices fell 20% from August highs, per onchain data.
With the transfer of 127,271 BTC, the United States has become the world's largest sovereign holder of bitcoin.
Which new-generation projects are attempting to break away from the old path of "speculative games"?
On October 14, the U.S. Department of Justice announced criminal charges against Chen Zhi, founder of Cambodia's Prince Group, and successfully seized 127,271 BTC under his control, with a market value of approximately $15 billion. This event marks not only the largest judicial seizure of virtual assets in history, but also a public demonstration of state power directly exercising control over on-chain assets.
What drives the market is not only cold economic data, but also greed, fear, and the unpredictable nature of human behavior.
Overview of key market events on October 15th.
- 04:27Trump Re-Files Defamation Lawsuit Against The New York TimesJinse Finance reported that U.S. President Trump once again filed a defamation lawsuit against The New York Times and several journalists on Thursday local time, accusing the media outlet of attempting to undermine his 2024 campaign and damage his business reputation. Previously, a federal judge dismissed his initial lawsuit on the grounds that the complaint was lengthy and rambling. The revised complaint, submitted on Thursday evening, was reduced to 40 pages, less than half the length of the original. Michael S. Schmidt, a New York Times reporter who was listed as a defendant in the original complaint, has been removed from the defendant list. Also deleted were a large number of lengthy praises for Trump, such as describing his 2024 election victory as "the greatest personal and political achievement in American history." Consistent with the initial complaint, the revised complaint still seeks $15 billion in damages.
- 04:23Data: The current Crypto Fear & Greed Index is 23, indicating a state of extreme fear.ChainCatcher news, according to Coinglass data, the current cryptocurrency Fear and Greed Index is 23, down 6 points from yesterday. The 7-day average is 30, and the 30-day average is 48.
- 04:20An Ethereum "diamond hand" deposited 4,000 ETH to an exchange, currently with an unrealized profit of $15.96 million.According to Jinse Finance, monitored by The Data Nerd, 14 hours ago, this steadfast Ethereum holder (“diamond hands”) deposited 4,000 Ethereum (worth approximately $16 million) into an exchange. These Ethereum were gradually accumulated nine years ago at an average cost of $10.25 each. If sold at the current price, he would realize a profit of about $15.96 million, with a return on investment (ROI) of 389 times.