Weekly: crypto activity, CZ's exit, 500 million Tezer users, and the POLY token
October 27, 2025
Whale Movements
Major players are actively accumulating crypto assets during local dips. Three wallets purchased over 23,000 ETH, including one that withdrew 12,000 ETH ($46 million) from Binance and another that took 8,500 ETH ($32 million) from OKX. Meanwhile, the RadiantCapital hacker converted a significant amount of DAI into WETH.
In addition, Chainlink (LINK) accumulation continues. One investor gathered over 1.1 million LINK ($19 million) in five months, while another accumulated more than 300,000 LINK ($5.34 million) in just the last 30 days.
According to analysts, addresses holding between 100,000 and 1 million LINK continue to increase their positions, and the current 30-day average return below -5% may indicate a potentially profitable entry point.
Donald Trump Pardons CZ
U.S. President Donald Trump has signed an executive order pardoning Changpeng Zhao (CZ), who served four months in prison.
Trump stated that he is not personally acquainted with the Binance founder but made the decision “considering numerous recommendations from respectable people.” He also described the case against Zhao as “a form of political persecution” by the previous administration.
The decision became a symbolic gesture amid a new wave of crypto market liberalization in the United States.
Number of USDT Users Exceeds 500 Million
Tether announced a historic milestone — the number of USDT users has surpassed 500 million people, accounting for around 6.25% of the global population.
CEO Paolo Ardoino called it “the greatest achievement of financial inclusion in history” and emphasized that these are real users, not just wallet addresses.
According to company forecasts, Tether’s profit could reach $15 billion by the end of 2025.
Melania Trump and Javier Milei Named in Fraud Lawsuit
A class-action lawsuit has been filed in the U.S., involving First Lady Melania Trump and Argentine President Javier Milei.
Plaintiffs claim they allegedly indirectly contributed to promoting fraudulent meme coins LIBRA and MELANIA.
The alleged mastermind behind the scheme, according to the lawsuit, is Meteora startup founder Benjamin Chow, who coordinated the actions of other participants.
Launch of the POLY Token
Polymarket, a platform specializing in decentralized prediction markets, has officially confirmed the launch of its own token, POLY.
The company also plans to conduct an airdrop for active users. Marketing Director Matthew Modabber stated that demand for prediction markets has surged, and Polymarket aims to “build an ecosystem around decentralized analytics and collective forecasting.”
Read more here.
Kursoff’s Opinion
The crypto market has once again proven that it balances between rationality and emotion. Ahead lies a phase where crypto will cease to be just technology — and will become the infrastructure of the global economy.