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The hottest topic in crypto today has to be the first anniversary of the “10/11” crash!
One year ago today, more than $19 billion in positions were liquidated across the market in a single day. BTC plunged 12.7% in just half an hour, tumbling from around $117,000 to $102,000. Countless people were liquidated overnight, and the market was gripped by panic.
A year later, BTC is holding steady near $83,000, whales continue to accumulate, and the Fear & Greed Index has returned to the greed zone. The market is recovering, but volatility has never gone away.
History may not repeat itself exactly, but it’s always worth remembering. Are you still here a year later, or have you already left the market?
The key opportunities to watch on Monday, October 12, center on XRP-related events and changes in APT’s supply structure. XRP / XRPN (Evernorth’s Nasdaq listing) — the standout event Ripple-backed Evernorth (an XRP treasury company) has completed its merger with Armada Acquisition Corp. II, holding approximately 473 million XRP and about $300 million in cash. XRPN is expected to begin trading on Nasdaq on October 12 (after an administrative delay postponed it from its original schedule). This is the first major publicly traded pure-play XRP treasury company, giving institutions direct exposure to the XRP ecosystem through shares and potentially strengthening XRP’s institutional narrative and sentiment. A Nasdaq bell-ringing ceremony is also scheduled for October 14.
1️⃣ The “Uptober” rally cools; BTC down 4.1% for the week BTC briefly fell to $80,427 on Thursday, its lowest level since early September, and is currently trading around $82,800. Prediction markets put the odds of a drop below $80,000 in October at 67%, and a fall to $77,500 at 40%.
2️⃣ $1.03 billion in profit-taking as whales sell across the board There is a massive sell wall around $83,000. Addresses of all sizes have turned net sellers for the first time since early June. QCP expects BTC to trade in a range of $80,000–$90,000.
3️⃣ ETH ETFs see $506 million in outflows over 5 days, the highest this year BlackRock’s ETHA saw $477 million in net outflows over the week. ETH fell below $2,600, with outflows continuing for 6 consecutive days. Vitalik warned that Ethereum could stagnate by 2040 if its roadmap does not incorporate AI.
4️⃣ Treasury yields at 5.32% continue to weigh on markets Risk assets are under pressure in a high-interest-rate environment. Analysts warn against treating October as a reliable bottom, with support potentially falling to the $72,000–$77,000 range.
5️⃣ Binance-Circle-OKX investment chain comes to light Cross-regional capital ties among three leading players are reshaping the stablecoin landscape, with regulatory compliance and coordination of interests emerging as the biggest variables.#以太坊突破2500USDT #XRP账本修复可增发XRP的漏洞 $SPCXB
"Those who do not understand true pain can never understand true peace."
👇 Quiz Time: Can you guess which iconic anime character said this deep line? Drop your answers in the comments below! 💭👇
📉 Crypto & Life Reflection:
Just like in anime, the crypto market teaches us that you cannot appreciate true financial peace and success without navigating through the "pain" of market volatility and dips. Learn from every market cycle, stay patient, and build a resilient trading mindset! 🚀📈
💡 Hint:
This character belongs to Naruto Shippuden, served as the leader of the Akatsuki, and possessed the legendary Rinnegan eyes! 👁️🌩️
Dear friends 💕 This is good news for Binancian Invite friends and finish in top 5 to win a BBW trip to Thailand Click for participation Friends #EthereumSurpasses2500USDT #bnb #sui
XRP Ledger fixes a vulnerability that could have created new XRP: A problem hidden for nearly 11 years has finally come to light!
If someone told you XRP could be “created out of thin air,” what would your first reaction be?
When I first saw this news, I thought the headline was exaggerated.
But then I checked the official disclosure from the XRP Ledger, and it was real.
The issue was an integer overflow vulnerability in the payment engine. Put simply, when the system calculated a transaction amount, the number could exceed the range the program could handle, causing it to wrap around to a much smaller number.
A buyer might pay only a small amount of XRP, while the seller received the full amount.
Where would the extra XRP in between come from?
In theory, the system would have created it by mistake.
This is no ordinary little bug.
One of XRP’s most fundamental rules is that its initial total supply is 100 billion tokens. If someone could bypass that limit, the impact would go beyond a single transaction—it would affect the scarcity of the entire asset and the foundation of trust in it.
The good news:
On September 22, researchers reported the vulnerability. On September 25, the development team urgently released a fix. On October 9, the issue was officially disclosed.
So far, there is no evidence that the vulnerability was exploited on the public network.
But what I really want to discuss isn’t whether this will make XRP’s price rise or fall.
It’s a deeper question:
When even the most fundamental rules of a blockchain can fail because of an error in the code, how should we understand the idea that “code is law”?
The vulnerability was discovered and fixed promptly, and that deserves recognition.
The fact that a vulnerability had existed for years before being discovered also deserves reflection across the entire industry.
Technology can keep evolving, but trust is never generated automatically.
#BTC #ETH #BNB
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