On October 24, according to Hyperliquid News, the Abraxas Capital wallet has reached a record cumulative profit of $193 million in perpetual contracts on Hyperliquid. This profit is not solely from directional trading gains, as the positions have been hedged through spot assets. The wallet currently holds approximately $207.445 million in USDC, with a cumulative trading volume of $5.43 billion, an open position size of about $725 million, and significant holdings in BTC, ETH, and SOL on the platform.

The Saudi-led coalition announced that it has intercepted and destroyed two ballistic missiles fired by the Houthi rebels in Yemen towards Taif and Yanbu.

On October 24, according to Hongxing News, Ren Zeping's WeChat account has been banned from being followed due to violations. Currently, the account cannot be found through WeChat search, and new follows are not allowed, although its video account can still be followed normally. The account had content updates as recently as October 23, but the specific reasons for the restrictions have not been disclosed. Public information shows that Ren Zeping is an independent economist, founder of 'Zeping Macro', and currently serves as the vice president of the China Private Economy Research Association and chief economist of Zhongyuan Bank. He previously held the position of chief macro analyst at Guotai Junan Securities Research Institute.

On October 24, according to monitoring data from Farside Investors, the US spot Ethereum ETF saw a net inflow of $4.4 million yesterday.

On October 24, according to monitoring data from Farside Investors, the US spot Bitcoin ETF experienced a net outflow of $137.9 million yesterday.

On October 24, TheBlock reported that Hyperliquid Strategies ($PURR) has increased the size of its stock buyback program from $30 million to $100 million, with approximately $72 million remaining. The deadline for the buyback program has been extended to October 31, 2027. The company's dashboard indicates that it holds about 38.8 million HYPE, valued at approximately $2.96 billion.

On October 23, the Dow Jones Index fell by 1.5%, the S&P 500 Index decreased by 0.65%, and the Nasdaq Composite Index dropped by 0.29%.

On October 23, American Airlines fell by 5.6%, Southwest Airlines dropped by 4%, and JetBlue Airways decreased by 5%. Delta Air Lines declined by 4.7%, Alaska Air Group fell by 5.2%, and United Airlines dropped by 5.1%.

On October 23, U.S. storage stocks saw a broad increase, with SK Hynix and Micron rising over 3%, while SanDisk and Rambus gained over 2%.

The S&P 500 index fell by 0.45%, and the Nasdaq dropped by 0.3%. Semiconductor stocks showed mixed results, with SK Hynix rising by about 3%; Western Digital fell by approximately 3% after the company released its first-quarter financial report.