The funds were worth more than $500,000. The contract dates to MakerDAO's 2020 “Black Thursday” liquidation crisis.
The order represented 1,952.83 ETH at $2,588, while near-term sell depth exceeded buy depth by $11.2018 million.
KoreInside and Digital Motion have formed a partnership designed to help issuers move regulated tokenized securities onto public blockchains including Ethereum, Solana, Avalanche and Base. The collaboration combines securities compliance infrastructure with the technical systems needed to deploy and operate assets on-chain.
The transfer was valued at about $24.6 million, while the position was estimated to be up roughly $24.21 million, or 65 times its original value.
The addresses moved 23,456 Ether at an average price of $2,574.06 per token.
Ether's 20-day EMA stood at $2,656.14, while futures open interest was recorded at $33.27 billion when accessed.
The researcher warned a worst-case cryptographic break could arrive within months, while users do not need to take immediate action.
Ethereum researcher Justin Drake urged crypto holders to prepare for a possible ECDSA break, while stressing that current cryptography remains secure. He recommends moving large holdings to fresh addresses whose public keys have never been exposed through signed transactions.
This Wednesday, October 7, digital asset custodian BitGo Bank & Trust enabled its Lido ETH staking service for eligible institutional clients in the United States. Following the successful rollout of this solution across Europe and Asia in mid-2025, the company is now extending to U.S.
Ethereum Foundation researcher Justin Drake urged holders to calmly move funds to unused addresses, warning that AI-driven math could break crypto signatures before quantum computers do.
TL;DR: US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, according to Farside Investors. Bitcoin ETFs moved the other way with roughly $118.8 million of net inflows, creating a sharp one-day divergence between institutional flows into the two largest crypto assets.
Glamsterdam was activated on the Sepolia testnet on Tuesday, October 6, 2026, at 13:53 UTC, as confirmed by Ethereum contributor Pooja Ranjan. The upgrade introduces proposer-builder separation, access lists, and changes to gas pricing to improve network efficiency.