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Joined December 2017
#Ethereum active addresses spiked 89K to 389K in 24 hours, and the share of ETH supply in profit jumped to 63%. Both landed right at a confluence zone: an ascending trendline meeting the 200-EMA at $2,330. ETH is already at $2,429. 🧵
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The supporting metrics line up. Daily on-chain volume in profit hit $1.70M yesterday, and the Funding Rate reached a new weekly high of 0.007 - holders are adding orders expecting more upside.
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$2,330 is the level that matters. Holding it keeps the recovery case alive with $2.8K as the target. A sustained break below would weaken the setup and open further downside. Full breakdown here: ambcrypto.com/ethereum-activ… Does ETH defend $2,330 and push toward $2.8K? 👇
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Qubic got drained for 2.9 billion QU (~$1.3M) in under two hours on October 17. The cause: predictable seed generation in certain Apple product versions. An attacker could derive wallet seeds offline - no need to compromise the network in real time. 1,404 wallets hit. 🧵
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Qubic contained most of it: • 87.1% of stolen QU frozen before hackers could move it • Validators froze the network at block 85,371,949 • MEXC froze the remaining 12.9% about an hour after the new wallet was created
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A patch is out, but recovery is the hard part. Network activity is currently zero, and a “technical restart” needs both resumed transactions and exchange support for deposits and withdrawals. Read more: ambcrypto.com/qubic-hit-by-m… Does Qubic regain user trust? 👇
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"Black Monday" FUD spread across social media as October 19 hit the anniversary of the 1987 crash. #Bitcoin held anyway - up 0.8% intraday and still consolidating near key support. 🧵
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November has historically been BTC's strongest month. But this year comes with midterm volatility and four weeks of range-bound price around $80K. The difference is what just happened: instead of breaking down, BTC absorbed the fear.
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The Fear and Greed Index recovered over 11% in 24 hours and stayed in greed despite the FUD. With little evidence of rotation into altcoins, capital is choosing BTC as the hedge. Read more: ambcrypto.com/bitcoin-defies…
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