Crypto Market Today (Live Updates) October 10

Binance Wallet has unveiled the Pre-TGE Prime Sale edition, giving users early access to mature crypto projects through proportional BNB subscriptions. Tokens purchased during this phase are allocated but remain locked until the projects officially launch. The initiative aims to reward early supporters while ensuring fair distribution. Binance Wallet will announce the first project on October 10, 2025, marking the start of a series of opportunities for investors to participate in high-potential pre-launch token sales.

Binance founder CZ clarified his past connection with Jeff, founder of Hyperliquid, stating that Jeff was part of YZiLabs, a former Binance Labs incubation program in 2018. The project failed, and YZiLabs did not recover any investment. CZ mentioned he had limited interaction with Jeff and missed a recent call due to a scheduling error. He confirmed YZiLabs holds no equity or tokens in Hyperliquid, while expressing continued support for builders and innovation in the crypto ecosystem.

According to @ai_9684xtpa, Ethereum co-founder Vitalik Buterin has received an airdrop of 6.29 million STRK tokens from Starknet, now unlocked after a one-year vesting period. The tokens, valued at around $1.01 million, were soon transferred to a wallet linked to the Methuselah Foundation, a nonprofit organization focused on extending human lifespan. Given Buterin’s history of philanthropic donations, it’s highly likely that he plans to donate the entire amount, continuing his tradition of supporting scientific and humanitarian causes

The crypto market continues its correction after a brief rebound, with $433M in long liquidations impacting sentiment. Bitcoin trades near support at $121,112 (-0.6%), while Ethereum slips to $4,325 (-2.15%), following $8.5M ETF outflows that ended an eight-day green streak. The Fear & Greed Index stands at 64 (Greed), total market cap hits $4.37T, and overall liquidations reach $592M, signaling caution as traders monitor key support levels for potential recovery.

A longtime Bitcoin whale has boosted their position to 3,600 BTC, currently showing an unrealized loss of $3.66 million. The whale’s liquidation price sits at $139,900 per BTC, indicating a strong conviction in the market despite short-term volatility. This move reflects confidence in higher Bitcoin prices ahead, as the investor maintains a long-term stance while navigating the crypto market’s swings.

Metaplanet announced the suspension of its 20th–22nd Stock Acquisition Rights from October 20 to November 17, 2025. CEO Simon Gerovich explained the move aims to optimize capital formation and flexibility while the company prioritizes expanding its Bitcoin holdings and BTC yield strategies. The suspension is part of a broader effort to align corporate resources with crypto-focused growth objectives, signaling a strategic shift toward digital asset accumulation and revenue generation.

Short positions on Binance for Bitcoin have reached their highest level of the year, signaling extreme bearish sentiment. Historically, such setups often trigger a quick short squeeze, forcing over-leveraged bears to exit, before Bitcoin experiences another leg down to form a more sustainable bottom. Traders see this as a classic “max pain” scenario, creating ideal conditions for a potential reversal and bullish recovery in the near term

Live liquidations are surging for Bitcoin Major liquidity zones are forming near $125K on the upside and $120K on the downside. With these key levels in play, expect sharp moves as price hunts for liquidity. Traders should stay alert volatility is about to spike as BTC tests these crucial zones.

Ethereum is holding strong in a bullish trend despite short-term manipulation by market makers targeting over-leveraged traders. ETH has returned to its early October levels, but BlackRock’s ETHA quietly scooped up $1.4 billion worth of ETH a massive bullish signal. With support at $4,240 and resistance at $5,000, a breakout could push ETH past $6,000 quickly. This month’s range: $3,800–$6,000.

Gold is crashing hard, and history says when gold tops out, liquidity often shifts into Bitcoin and crypto fueling massive rallies. Despite short-term crypto price manipulation, market sentiment remains bullish heading into late October and Q4. Traders warn: don’t get shaken out now this could be the setup for the next big crypto surge.