real

According to Bitcoin News, the UAE company Standard Asset Company (abbreviated as SAC) has established its headquarters in Abu Dhabi and announced a $1.5 billion investment strategy in Bitcoin and real estate.The company plans to acquire income-generating real estate in the UAE while establishing a Bitcoin reserve exclusively managed by Coinbase Asset Management. This strategy aims to generate income through real estate and obtain additional returns from the managed Bitcoin holdings.

According to on-chain analyst @ai_9684xtpa's monitoring, the price of PEPE has returned above $0.000005, with a 24-hour increase of over 14%. Since October 17, Sun Yuchen has transferred out approximately $48.76 million in PEPE, with a buying cost of about $0.000004115, currently showing an unrealized profit of about $9.622 million.The related holdings account for about 2.86% of the total supply of PEPE, making it one of the largest individual holders on-chain. However, it is currently unclear whether these funds belong to Sun Yuchen's personal holdings or are part of an exchange's fund consolidation, and Sun Yuchen has not yet responded.

Bitget, in collaboration with Reality and Keyring, has released a research report exploring the synergy mechanisms of tokenized stocks, perpetual contracts, and decentralized lending, and evaluating the potential returns and risks of related strategies through simulation calculations. The report points out that the application of tokenized stocks is extending from traditional stock trading to more scenarios such as collateralized lending, asset management, and systematic investment strategies.The research is based on Reality's rToken, combined with stock perpetual contract hedging and on-chain lending mechanisms, to explore stock basis yield strategies. Historical simulation data shows that from December 15, 2025, to October 19, 2026, the annualized net return of the strategy index is approximately 7% and 4% for in-sample and out-of-sample, respectively, with a gross funding cost rate premium of about 11% to 14%. The report also notes that financing costs, transaction execution fees, market liquidity, and risk management are key factors affecting the actual returns of the strategy.It is reported that Bitget and Keyring plan to jointly develop a stock basis index and build an on-chain lending market based on Reality's rToken. Among them, Reality provides exposure to tokenized stock assets, while Keyring is responsible for developing the index methodology and constructing the related lending market. The index aims to capture funding rate and basis yield opportunities by combining rToken holdings with corresponding stock perpetual contract hedging positions, providing new strategic pathways for the application of tokenized stocks in on-chain financial scenarios.

On the evening of October 27, Li Liang, Vice President of Douyin Group, responded on Weibo to media person and financial observer Qin Shuo's statement about "the Byte Time of China's Internet," calling it "extremely unrigorous and purely nonsense." Li Liang stated that no company can become the "xx time of China's Internet"; instant messaging has a relatively stable moat due to relationship chains, while short dramas and short videos belong to a fully competitive market with rapidly changing dynamics. He also mentioned that Tencent's growth rate in short dramas and short videos far exceeds that of Douyin and Hongguo, and that instant messaging, gaming, e-commerce, and music occupy a significant amount of user time. He later posted that Qin Shuo's analysis contains several fundamental common sense errors.On the 26th, Qin Shuo published an article on his public account "Qin Shuo's Circle of Friends," citing QuestMobile data from a Nomura Securities report, stating that in July 2026, Douyin surpassed WeChat for the first time among the top 50 apps in China by mobile internet usage time, accounting for 19.4%, while WeChat accounted for 18.8%; the share of Byte's apps was 40.9%, and Tencent's was 29.1%. He questioned whether, despite WeChat's daily active users still exceeding Douyin's, China's Internet is shifting from Tencent time to Byte time, and from WeChat time to "Douyin + Hongguo time." This morning, Qin Shuo posted on social media that in the relevant rankings for August 2026, Byte's share was 41.8% and Tencent's was 28.6%, a difference of 13.2 percentage points. He believes that "Byte time" is a summary of Byte's total usage time share exceeding 40%, which is "a very realistic fact," while emphasizing that the share of user time does not equate to the share of user value.On the same day, Hongguo Short Drama, a platform under ByteDance, issued a statement saying that the claims circulating online about "annual revenue approaching 40 billion yuan" and "this year's revenue reaching 42 to 45 billion yuan" are inaccurate, and that the related comparisons, calculations, and extended interpretations lack factual basis. They stated that most of the current revenue continues to be used for content creator revenue sharing, copyright guarantees, and support for high-quality content. Data from third-party institutions shows that as of July 2026, Hongguo Short Drama had 168 million daily active users, a year-on-year increase of 107%. On October 19, Liu Xing, head of public relations at Doubao, responded to the claim that "over half of the domestic computing power is used to create feel-good dramas," stating that the data is unreliable, and that for Byte, only about 10% of the company's total computing power is used for training and inference of video generation models.

According to on-chain analysts, Kanye's associated address (0xdeA...a1d5c) withdrew 4,000 ETH from Binance 7 hours ago, deposited it into Aave as collateral, and then borrowed 6 million USDT. Currently, this address has a total of 22,504.52 ETH pledged, borrowed 31.02 million USD, with a health factor of 1.41, and the average long position price for ETH is 2,503.86 USD.Since withdrawing 16,549.9 ETH from Binance on September 29, there is currently an unrealized loss of 2.477 million USD.

According to Ai Yi's monitoring, the address 0x2da...65e69 has operated PEPE again after a year, transferring 14.5 trillion tokens to the new address 0x803...1E213.This giant whale accumulated a total of 40.3 trillion PEPE from May 2023 to August 2024, with an average cost of about 0.000001185 USD. Currently, its remaining holdings have an unrealized profit of about 5.106 million USD, while at the end of 2024, the unrealized profit once reached 32.77 million USD.

According to on-chain analyst @ai_9684xtpa, a certain trader prominently opened a short position this evening, currently shorting 9,700 ETH (approximately 22.46 million USD) with 25x leverage, at an opening average price of 2,311.92 USD, currently facing an unrealized loss of 48,000 USD.The take-profit point they have set is 2,058.2 USD, and the partial stop-loss point is 2,750.1 USD.

According to Onchain Lens monitoring, a Solana trader who has realized a profit of 8.23 million dollars has deposited 100 million PUMP into Binance again, worth approximately 414 thousand dollars.In the past 6 days, this trader has deposited 300 million PUMP into Binance, worth approximately 1.31 million dollars, possibly for selling.

According to the Hong Kong Stock Exchange's equity disclosure, Duan Yongping holds 106,716,000 shares of Pop Mart (09992.HK) through his investment entities, accounting for 8.01% of the issued shares. Based on the stock price of HKD 132.50 on October 27, the market value of the holdings is approximately HKD 14.14 billion.In terms of cost, Jiemian News quoted market estimates on October 26, indicating that the average comprehensive holding cost is around HKD 150 per share; Lan Jing News previously estimated the comprehensive cost to be about HKD 152.32 per share. The corresponding paper losses are approximately HKD 1.868 billion and HKD 2.115 billion, with loss ratios of about 11.67% and 13.01%. The relevant purchase records are: 9.8232 million shares bought on May 25 at an average price of HKD 150; 4.66 million shares bought on May 28 at an average price of HKD 162.5; 10.59 million shares bought on July 6, calculated at approximately HKD 150; and an additional 1 million shares on September 1 at an average price of HKD 155. The first three transactions total approximately 25.07 million shares, with an investment of about HKD 3.816 billion, and a weighted average price of approximately HKD 152.4.The above is based on media estimates of costs and is not the actual investment gains and losses disclosed by Duan Yongping; part of the underlying position comes from options trading, and the complete holding cost cannot be independently verified solely based on public information. Pop Mart's announcement shows that overall revenue for the third quarter of 2026 (unaudited) is expected to decline by 45% to 50% compared to the third quarter of 2025; a decline of 25% to 30% in China, 65% to 70% in the Asia-Pacific region, 70% to 75% in the Americas, and 50% to 55% in Europe and other regions; offline channels in China are expected to decline by 5% to 10%, while online channels are expected to decline by 45% to 50%.

According to reports from the Science and Technology Daily, China Information Communication Technologies Group's Optical Communication Technology and Network National Key Laboratory, in collaboration with Pengcheng Laboratory and FiberHome Technologies Group Co., Ltd., has completed a real-time bidirectional transmission test of 3.2 Pb/s multi-core optical fiber, setting a world record for the bidirectional real-time optical transmission capacity of a single fiber. This speed surpasses the 2.5 Pb/s record set by the same team earlier this year, representing an increase of nearly 30%.This speed is equivalent to downloading over 20,000 4K movies in one second or providing gigabit broadband for 3.2 million households simultaneously. The test used a 10.3-kilometer-long 24-core multi-core optical fiber, combined with S+C+L three-band multiplexing and spatial division multiplexing technology. The capacity limit of traditional C+L band commercial single-core G.652 optical fiber is about 100 Tb/s, and the total capacity of this system's single fiber is 32 times that, with the results submitted to the Journal of Lightwave Technology.

According to a report by Reuters, the American AI hardware startup Unconventional AI announced the acquisition of the Israeli AI chip company NeuReality through a combination of cash and stock, with the transaction amount not yet disclosed.Unconventional AI completed a $475 million financing round last December, at which time the company's valuation reached $4.5 billion. The company is dedicated to developing energy-efficient AI chips inspired by biological systems and is using AI tools to accelerate the research and development process. It has completed its first test chip, and the second one is also nearing completion.

According to on-chain analyst Ai Yi's monitoring, the address 0x721...E5991, marked by Arkham as associated with Sun Yuchen, withdrew 46.5 trillion PEPE (approximately 20.32 million USD) from Poloniex 10 hours ago.Since October 17, it has cumulatively transferred out 48.76 million USD worth of PEPE and currently holds 118 trillion PEPE, with an average withdrawal price of 0.000004114 USD, resulting in an unrealized profit of 2.085 million USD.

According to on-chain analyst Yu Jin's monitoring, a hacker who stole approximately 40 million dollars in assets from UXLINK last year went long on 30,300 ETH at a price of 2,134 dollars on Hyperliquid, with a position value of 70.25 million dollars, currently having an unrealized profit of 5.62 million dollars.The funding source address for going long on ETH has a direct financial intersection with a known UXLINK hacker address: a month ago, both addresses aggregated their remaining ETH Gas to the same wallet on the same day. At the beginning of August, the hacker aggregated 11.54 million USDC from multiple sources and began trading ETH on Hyperliquid, opening positions 6 times, profiting 5 times, with a total profit of 5.71 million dollars.

CryptoQuant certified analyst Trader_Gemini stated that the Trader On-chain Realized Price has risen again, currently becoming an important reference indicator for observing the subsequent trend of BTC. This indicator reflects the average acquisition price of BTC that last transferred in the past 1 to 3 months and can be used to measure the average holding cost of recent market participants. Currently, the trading price of BTC is in the low range of $80,000, while the realized price for traders has risen to the mid-range of $70,000, indicating that the current price of BTC is still above the recent average cost for traders.From the current structure, recent market participants are generally still in a state of unrealized profit, and the short to medium-term cost structure remains relatively positive. Historically, when the market is in an upward phase, the realized price for traders often provides support when BTC retraces close to that level. If the price can hold above this cost line, it indicates that the holding cost for recent participants may still provide support for the market; conversely, if BTC falls below this level, some traders in an unrealized loss state may sell when the price rebounds close to their cost, turning that position from support to resistance.In addition, Trader_Gemini also reminded to pay attention to the Upper Band of the indicator. Historically, when BTC prices approach the upper band, it is often accompanied by increased profit-taking pressure, which may lead to a short-term pullback. Therefore, if BTC continues to rise, the market reaction near the upper band is worth close observation; if BTC experiences a pullback, attention should be paid to whether the realized price for traders can provide effective support. Trader_Gemini emphasized that the upper band does not necessarily mean the market will peak, and the realized price for traders does not guarantee that BTC will rebound; neither should be viewed as automatic triggers for trading but rather as reference indicators for judging at what price recent market participants may change their behavior. Currently, BTC is still operating above the realized price for traders, and the overall cost structure remains positive; if a deeper adjustment occurs later, whether this indicator can continue to provide support will become an important observation point.

According to on-chain analysts, the Hyperliquid BTC long TOP4 address added 2.15 million dollars in margin and opened another 302.5 BTC long position after the decline.This address opened a 30x leveraged BTC long position on October 23, currently holding 795.02 BTC, valued at 63.65 million dollars, with an opening price of 81,168.6 dollars, resulting in an unrealized loss of 878,000 dollars. In addition, this address is also long on ZEC, currently holding 4,717 ZEC, valued at 5.67 million dollars, with an opening price of 1,195.7 dollars.