PANews reported on October 30th that, according to analyst Emmett Gallic, an ancient Solana whale address transferred 200,000 SOL (currently worth $40 million) to Coinbase Prime eight hours ago. This address received 222,000 SOL five years ago from an address labeled "Solana: Non-circulating Supply," when the SOL price was only $1.68.
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PANews reported on October 12th that ABCDE co-founder Du Jun posted on the X platform, "I have begun building a position in ETH (spot) in batches around the $3,800 price range. The market direction remains uncertain, and the key is the performance of US stocks on Monday. I recommend a light position for testing the waters."
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PANews reported on October 11th that The Block has announced the appointment of Brendan Ma as its first Head of Investment Strategy, responsible for driving ecosystem growth through investments and partnerships with traditional financial institutions. Ma, based in Dubai, previously served as Head of Investments at Immutable and previously advised fintech and crypto clients at Goldman Sachs Australia. His responsibilities include developing capital market and institutional relationships, and developing and executing the foundation's investment strategy. The foundation, with over $15 billion in reserves (approximately equivalent to its fund size, with no specific investment plans disclosed), will continue to support the ecosystem through grants and strategic partnerships.
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