It’s nice to wake up to a green lock screen this morning as we see both crypto and crypto-related stocks bounce back from the recent dip. Nevertheless, the latest data from Santiment shows that whales’ transactions are down significantly since Bitcoin’s last all-time high in March as the market battles the general state of malaise. Elsewhere, we see yet another crypto exchange hack, this time with the Indonesian exchange Indodax, which went offline after $22 million was stolen from its hot wallets. Former Alameda Research CEO Caroline Ellison asks for time served and thus a non-custodial sentence, citing her cooperation with the US government as justification for the leniency. And finally, one trader makes use of a mechanism that allows them to acquire a $1.5 million CryptoPunk for just $23,000.

Further reading:

• Bitcoin whale transactions see ‘noticeable’ drop since March price peak
• Crypto stocks recover from dip as polls say Harris won debate against Trump
• Indonesian crypto exchange Indodax goes offline after suspected $22M hack
• Caroline Ellison asks for time served, citing cooperation with US gov’t
• Trader’s acquisition of $1.5M CryptoPunk for $23K raises eyebrows

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