In the past hour, total liquidations across the network reached $23.62 million, with $8.31 million from long positions, with $15.31 million from short positions. BTC liquidation $4.79 million, ETH liquidation $6.44 million.

According to Odaily Planet Daily, the White House stated that President Trump has officially ended the Biden administration's policy crackdown on the cryptocurrency industry.

According to Odaily Planet Daily, in October 2025, the total trading volume of decentralized perpetual contract exchanges (perp DEX) surged to a record $1.2 trillion, nearly doubling from the previous month. The growth was primarily driven by platforms such as Lighter, Aster, EdgeX, Pacifica, and Apex. Lighter led the pack with approximately 27% market share, while Hyperliquid's market share dropped from 33% in the previous month to 10%. The surge in trading volume was mainly driven by two factors: firstly, incentive mechanisms such as "points programs" launched by various platforms; and secondly, the wave of liquidations triggered by the sharp market volatility on October 10th, forcing both long and short positions to be closed out. Following the event, many traders increased their trading frequency to recoup losses.

According to Odaily Planet Daily, the U.S. Securities and Exchange Commission (SEC) investigation into potential insider trading involving digital asset treasuries (DATs) used by publicly traded companies has been temporarily suspended as the U.S. government shutdown enters its second month. Several former SEC lawyers stated that the investigation will almost certainly resume once the government reopens, noting that if the preliminary investigation escalates into a formal investigation, regulators could issue subpoenas within one to two months. Legal experts believe that although the Trump administration is seen as more favorable to the crypto industry, clarifying potential violations by the SEC would contribute to establishing a healthy regulatory framework for the digital asset market.

According to Huoxun Finance on November 5th, OKX market data shows that ETH has just fallen below $3100, currently trading at $3097.76 per coin, a daily decrease of 11.69%.