PANews, citing Glassnode's weekly report, stated that BTC spot trading activity rose from the August low and coincided with price appreciation. The report also noted that Gate's market-share increase ranked among the highest.
Lin Chen, Deribit’s Head of Business Development for Asia-Pacific, said that some traditional asset management institutions and family offices have ended approximately one year of waiting on the sidelines and recently resumed allocating to the crypto market through options combinations, with individual transaction sizes reaching tens of billions of US dollars.
Quarterly rebalancing of the Nasdaq 100 and S&P indices reportedly took effect, while markets in Japan, mainland China, and South Korea will close for holidays; the report also mentions concentrated inflows into short-term call options on U.S. chip stocks.