MARA Holdings Transfers 1,650 BTC Worth $132.8 Million Over the Past 12 Hours

Odaily reports: Arthur Hayes has published an article titled "D is for Dilution," warning that SpaceX, Anthropic, and OpenAI could face massive share lockup expirations and dilution pressure after going public, which would push down stock prices, weaken their fundraising capacity, and transmit risk throughout the entire AI industry chain via the credit market.Based on relevant share lockup schedules, Hayes estimates that SpaceX could add approximately 8.6 billion newly circulating shares by June 2027, equivalent to roughly a 50% increase in share supply; Anthropic's initial IPO investors could face dilution of up to 83% over the same period. Hayes believes that continued weakness in AI giant stock prices could prompt bond investors to demand higher yields, driving up corporate financing costs and potentially triggering a contraction in the AI-related credit market. Since banks are deeply involved in the AI investment cycle through lending, securities financing, and proprietary trading, once AI financing demand cools, bank balance sheet expansion could also slow or even contract, thereby reducing dollar liquidity and putting pressure on Bitcoin and the crypto market.However, Hayes also noted that if the AI bubble ultimately triggers a financial crisis, major global central banks and fiscal authorities will intervene by expanding money supply and providing liquidity, at which point the newly created liquidity could once again drive Bitcoin and crypto assets higher.

According to Lookonchain monitoring, Bitcoin mining company MARA Holdings (@MARA) appears to have sold Bitcoin again. Over the past 12 hours, MARA transferred 1,650 BTC worth $132.8 million to Galaxy Digital, Copper, and other platforms.

Odaily reports that Liquid Capital founder JackYi (Yi Lihua) posted on X platform stating that Bitcoin has now broken through $80,300 and is stably trading above the 20-day moving average. He believes that the next step requires a strong breakthrough above $82,600 to usher in a second major uptrend and once again challenge the strong resistance level of $86,000. If it successfully breaks through $86,000, subsequent targets may point to $97,000 and $104,000.He previously viewed the pullback to $86,000 as a correction within a bull market trend. Although he anticipated a pullback, he would not short, as a rapid rebound could occur at any time. Over the past two days, he has been closely watching for bottom-fishing opportunities. Bitcoin withstood the Binance black swan event, but he did not expect the Republicans to lose so decisively. Around $77,000, they began to recognize the bottom-fishing opportunity and called for a trigger of the rebound off the 40-day downtrend line. The hardest part of trading is that various external factors will influence your execution.

Odaily: A Fox Business crypto reporter posted on X that three more issuers—Nebius, Boeing, and ServiceNow—have objected to OKXICE tokenizing their stocks, bringing the total number of objections to 62. Boeing and ServiceNow were on OKXICE's original list, while Nebius was not. Of the 62 companies initially proposed, 54 have now raised objections.

Odaily reports: Binance has released Security Incident Recovery Progress Update #8, announcing that it will begin opening withdrawals for some assets in batches starting at 12:00 Beijing time on November 5, 2026. The assets involved include UNI, AAVE, PAXG, VIRTUAL, MORPHO and others on the ETH network; ASTER, PROM, UNI, 1MBABYDOGE, FIL and others on the BSC network; AERO, VIRTUAL, MORPHO, and AVNT on the BASE network; JST, SUN, and BTTC on the TRX network; GNS on the MATIC network; and MMT on the SUI network. The relevant withdrawal services will be gradually restored in batches after security checks are completed, while deposit services will remain normal.

According to Lookonchain monitoring, Trump Media transferred 4,259 BTC worth $344 million to Crypto.com 40 minutes ago.