Japanese stocks fall into a bear market; Korean stocks close down 6% after emergency "market support"

Odaily reports that according to Lookonchain monitoring, a whale sold 674.32 million PUMP 7 hours ago for $2.59 million USDC, incurring a loss of $409,000.

Odaily reports that the latest report from market research firm Counterpoint shows major memory suppliers are expected to set new revenue records in Q4, driven by the launch of next-generation HBM products and continued price increases. In Q3 2026, Samsung ranked first in the DRAM market with a 38% share; SK Hynix posted stronger quarter-over-quarter growth, with revenue up more than 40% QoQ, regaining some market share; Micron grew strongly on the back of AI data center memory demand, but at a slower pace than Samsung and SK Hynix; CXMT's market share rose from 5% in the same period last year to 9%.

Odaily: "White-haired stock guru" Serenity cited the latest WSJ data in a post on X, stating: "Anthropic's growth rate is indeed somewhat astonishing. As of October this year, its latest annualized revenue (run rate) has already exceeded $80 billion. This figure clearly exceeds previous market expectations. The market had generally expected its annualized revenue run rate to be around $70 billion, with a fluctuation of a few billion dollars. However, Anthropic should probably still delay its IPO. Given that the market is currently undergoing a wave of liquidations, doing so might also help ease the liquidity pressure on other AI companies."

According to Odaily: Gate data shows that the Nikkei 225 index closed down 5.96% at 57,434.77 points; South Korea's KOSPI index closed down 6.02% at 5,059.65 points, hitting a new low since April. SK Hynix fell more than 10%.

According to Lookonchain monitoring, a whale that had been dormant for over a year withdrew 1,286 BTC from Binance today, worth approximately $98.03 million, at an average withdrawal price of about $76,230. This whale had previously deposited 5,699 BTC into Binance, worth approximately $509 million, at an average deposit price of $89,291. The price at which the BTC was withdrawn this time is significantly lower than the previous deposit price, which may suggest that the whale is repositioning at lower levels.

Odaily reports: US tech stocks suffered a fierce sell-off overnight. The Nasdaq Composite Index (IXIC) plunged more than 5% on Thursday, closing more than 11% below the all-time high set last month, officially entering technical correction territory. Historical data shows that in the short term after a correction, the market may continue to come under pressure, but in most cases, the Nasdaq is subsequently able to gradually resume its upward momentum.Over the past decade, the Nasdaq has experienced 10 similar corrections. In the pullbacks of 2025, 2022, 2020, and 2018, further selling occurred within one month after the correction. However, except for 2022, the Nasdaq re-entered an upward phase six months later in all of these periods.In terms of overall performance, the Nasdaq rose an average of 9.41% within three months after hitting a correction low, and an average of 17.03% within six months. January 2022 was a clear exception: the Nasdaq fell a further 18.3% within six months after the correction, with a cumulative decline of 24.3% after one year.