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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.
The U.S. Department of Justice has seized 127,271 BTC controlled by Chen Zhi, the founder of Cambodia's Prince Group, with a market value of approximately $15 billion, making it the largest judicial seizure of Bitcoin in the world. The case involves fraud, money laundering, and hacking, demonstrating the state's judicial control over on-chain assets. Summary generated by Mars AI. This summary is produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.
- 03:43The Crypto Fear Index drops to 22, entering the extreme fear zone.BlockBeats News, October 17, according to Alternative data, today the Crypto Fear & Greed Index dropped to 22 (compared to 28 yesterday), indicating that market sentiment has fallen into extreme fear. Note: The Fear & Greed Index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin's dominance in the overall market (10%) + Google trend analysis (10%).
- 03:42Bitget has launched USDT-margined ZEC perpetual contracts with leverage ranging from 1x to 25x.BlockBeats News, October 17, according to the official announcement, Bitget has launched USDT-margined ZEC perpetual contracts with a leverage range of 1-25x. Contract trading BOT will be opened simultaneously.
- 03:42BTC long position opened by WLFI advisor ogle nearly liquidated, principal down to only $90,000BlockBeats News, on October 17, according to HyperInsight monitoring, WLFI advisor ogle (0x70F) established a 140 BTC long position four days ago, which was stopped out and closed at 11:00 PM yesterday (UTC+8), resulting in an actual loss of $890,000. The weekly loss further expanded to $2.65 million, and the current account balance of this address is now less than $90,000. It is noteworthy that the average opening price of this BTC position was $115,400, and the liquidation price was $109,700; if the stop loss had not been triggered in time, this position would have already been forcibly liquidated. Previous reports indicated that during the earlier "1011" incident, the ASTER and AVAX long positions at this address had also been liquidated.