[Goldman Sachs Expects Trend Hedge Funds to Sell Nearly $40 Billion in Stocks Next Week] Goldman Sachs pointed out in a report that if the S&P 500 index falls below 6725 points, trend-trading hedge funds may sell nearly $40 billion in stocks over the next week. Goldman Sachs estimates that if stock prices continue to decline, systematic trend hedge funds could sell as much as approximately $65 billion. These funds previously held about $150 billion in global equity positions. Goldman Sachs mentioned that the last similar occurrence was in October, and the earlier instance was on April 2, when U.S. President Trump announced a series of tariff proposals.

OKX-ETH/USDT is currently trading at $2893.97, with a 5-minute drop of 0.55%. Please be aware of market fluctuations.

The exchange’s confidential filing comes amid clearer regulatory signals, a market pullback and a wave of crypto firms testing public markets.

On chain data shows that an address transferred 512000 UNIs to Binance 20 minutes ago, which were withdrawn from Binance 4 and a half years ago (April 2021) at a price of $29.8 and a total value of approximately $15.29 million. The current price of UNI is 7 US dollars, and the current value of this batch of UNI is about 3.64 million US dollars. The holders have accumulated a loss of about 11.65 million US dollars, with a loss rate of 76%. (Ashes)

[Bitcoin Capital to Launch BONK ETP on Swiss SIX Exchange] Bitcoin Capital announced the launch of BONK ETP on the Swiss SIX Swiss Exchange, expected to be officially listed on October 27.