[Whale Transfers 700,000 LINK to Binance in a Short Period, Suspected of Selling] According to Arkham data monitoring, a whale has cumulatively transferred 700,000 Chainlink (LINK) tokens to Binance over the past 13 hours, with a total value of approximately $15.52 million, suspected to be for selling. The largest transaction occurred 55 minutes ago, involving a transfer of 500,000 LINK, valued at approximately $11.01 million. As of now, the whale wallet still holds approximately 258,110 LINK, valued at around $5.68 million. This large-scale transfer activity may potentially impact the market price of LINK.

[Tom Lee Responds to 'Bull Market Argument is Idiotic' Comment: Consider It a Compliment] On October 6, Tom Lee responded at the Token 2049 forum to Andrew Kang's comment regarding his 'ETH bull market argument being idiotic,' stating, 'In the crypto space, being idiotic is a good thing. I consider it a compliment.'

[Opinion: PunkStrategy May Be Long-Term Positive for CryptoPunks Floor Price, Similar Experiments Likely to Emerge] NFT collector punk6529 shared thoughts on PunkStrategy (PS) in a post, stating that PS is an inventory-based market-making mechanism (buying and selling), rather than a simple buy-and-hold DAT. Compared to the net asset value logic in traditional finance, PS should be viewed more as a 'profit stream' and understood using a price-to-earnings ratio-like mindset. It generates market-making funds through token transaction taxes and relists for sale at higher prices. PS can profit in a rising market but not in a declining one; if CryptoPunks are bullish in the long term, PS can also be profitable, though not as optimal as simply holding. This mechanism is more beneficial to the long-term floor price of CryptoPunks rather than the PS token itself. Regardless of success or failure, PunkStrategy, as part of a 'network art experiment,' has been written on-chain and will exist permanently, with similar experiments expected to emerge continuously in the future.

[An Address Profits $47,900 from Buying FOG Tokens in Half an Hour] According to monitoring, the address starting with 0xe68 quickly spent approximately $518 to purchase FOG tokens after discovering that the official Twitter account of 0g had been hacked and a token contract was posted. The cost per token was $0.000007555. The address then took profits in batches, ultimately earning $47,900, with a return rate of 9,252%.