FINNENCE ▪ THE WIRE FILE
THE WIRE · № 62911
News▼ Bearish
$龙虾 surged 244% in a short time, then crashed 73%. 58bro.eth(@0x58bro) withdrew 3.55M $龙虾 ($301K) from Gate at $0.085 21 hours ago, then deposited it back to Gate at $0.028 4 hours ago. He lost $200K in less than 20 hours. https://t.co/PCAzMKIf7q https://t.co/M3FnStDRaL
KINDNews
DIRECTION▼ Bearish
SOURCES1
ENTITIES1
STORY SIZESTANDALONE
FIRST SEEN2026-10-02 12:05 UTC
LAST UPDATE2026-10-02 12:05 UTC
STATEactive
01 THE MACHINE READ
WHY IT MATTERS.
A memecoin's 244% spike then 73% crash with a $200K loss illustrates extreme speculative volatility and thin liquidity.
Memecoin blowups highlight speculative froth, not market trend
CATALYST TO WATCH
Further memecoin listings or liquidity shifts
MAIN RISK
Contagion limited but sentiment damage possible
FULL DISPATCH
$龙虾 surged 244% in a short time, then crashed 73%. 58bro.eth(@0x58bro) withdrew 3.55M $龙虾 ($301K) from #Gate at $0.085 21 hours ago, then deposited it back to #Gate at $0.028 4 hours ago. He lost $200K in less than 20 hours. https://t.co/PCAzMKIf7q https://t.co/M3FnStDRaL
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
AFFECTEDCrypto
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
→CORRELATIONshares Crypto
Trader 0xd9A2 opened a 20x long on 2,900 $ETH($7.97M) on @Aster_DEX and is now sitting on over $1M in unrealized profit, with a 251.68% return. https://t.co/MQ30nD5bwL https://t.co/32sG66RSHt2026-10-02 13:04 UTC
Trader 0xd9A2 opened a 20x long on 2,900 $ETH($7.97M) on @Aster_DEX and is now sitting on over $1M in unrealized profit, with a 251.68% return. https://t.co/MQ30nD5bwL https://t.co/32sG66RSHt2026-10-02 13:04 UTC
→CORRELATIONshares Crypto
Oct 2 Update: Bitcoin ETFs: 1D NetFlow: +1,383 $BTC(+$120.25M)🟢 7D NetFlow: +2,467 $BTC(+$214.4M)🟢 Ethereum ETFs: 1D NetFlow: -23,436 $ETH(-$64.69M)🔴 7D NetFlow: -8,133 $ETH(-$22.45M)🔴 https://t.co/iddbjBXew22026-10-02 14:12 UTC
Oct 2 Update: Bitcoin ETFs: 1D NetFlow: +1,383 $BTC(+$120.25M)🟢 7D NetFlow: +2,467 $BTC(+$214.4M)🟢 Ethereum ETFs: 1D NetFlow: -23,436 $ETH(-$64.69M)🔴 7D NetFlow: -8,133 $ETH(-$22.45M)🔴 https://t.co/iddbjBXew22026-10-02 14:12 UTC
→CORRELATIONshares Crypto
ens.eth(@ensdomains) sold another 1,097 $ETH ($3M) at $2,743 4 hours ago. https://t.co/xxTOVuV1NC https://t.co/sWMZrabZ4e2026-10-02 14:29 UTC
ens.eth(@ensdomains) sold another 1,097 $ETH ($3M) at $2,743 4 hours ago. https://t.co/xxTOVuV1NC https://t.co/sWMZrabZ4e2026-10-02 14:29 UTC
→CORRELATIONshares Crypto
Machi(@machibigbrother) has been doing well on $PUMP recently. He has won 10 $PUMP trades in a row over the past 5 days, making a total profit of $1.34M. Current long positions: 33,950 $ETH ($92.56M) 409 $BTC ($35.22M) 180,000 $HYPE ($16.16M) https://t.co/tPS8VHU6fL https://t.2026-10-02 14:36 UTC
Machi(@machibigbrother) has been doing well on $PUMP recently. He has won 10 $PUMP trades in a row over the past 5 days, making a total profit of $1.34M. Current long positions: 33,950 $ETH ($92.56M) 409 $BTC ($35.22M) 180,000 $HYPE ($16.16M) https://t.co/tPS8VHU6fL https://t.2026-10-02 14:36 UTC
→CORRELATIONshares Crypto
🚨 🚨 🚨 🚨 929 $BTC (79,408,478 USD) transferred from unknown wallet to Coinbase https://t.co/dzZd8DlTtc2026-10-02 15:09 UTC
🚨 🚨 🚨 🚨 929 $BTC (79,408,478 USD) transferred from unknown wallet to Coinbase https://t.co/dzZd8DlTtc2026-10-02 15:09 UTC
→CORRELATIONshares Crypto
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 2,398 $BTC (205,122,184 USD) transferred from Coinbase to unknown wallet https://t.co/aakxI5UZK62026-10-02 15:13 UTC
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 2,398 $BTC (205,122,184 USD) transferred from Coinbase to unknown wallet https://t.co/aakxI5UZK62026-10-02 15:13 UTC
KEEP READING THE MACHINE
Summaries are generated and may contain errors — every claim links its sources.