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- Solana ETF Shakes Wall Street | $1B Buyback | Miners in Debt | Whales Load ETH
Solana ETF Shakes Wall Street | $1B Buyback | Miners in Debt | Whales Load ETH
By Miles Monroe, BlockLeak24

🚀 Solana Just Did What Bitcoin Couldn’t
In a move shaking both Wall Street and DeFi circles, 21Shares announced the first-ever yield-bearing crypto ETF — built on Solana.
The product promises 6–7% annual yield to holders through staking rewards, officially bridging the gap between passive income investing and decentralized infrastructure.
This isn’t just another ETF approval — it’s a milestone: the first major crypto fund that actually pays you to hold.
Analysts are already calling it a “structural shift”, positioning Solana as the ecosystem leading the new wave of institutional DeFi adoption — a title once reserved for Ethereum and Bitcoin.
💥 Hyperliquid Goes Big — $1 Billion Token Buyback Filed
DeFi powerhouse Hyperliquid Strategies has submitted an SEC filing to raise $1 billion for a buyback of its $HYPE token.
The plan? Reinforce market liquidity and stabilize its native ecosystem during rising volatility.
If approved, this would mark one of the largest DeFi-based buybacks in crypto history — a sign that decentralized projects are now adopting Wall Street’s own playbook for capital strength.
🪙 Ethereum’s Triple Bottom Signals Potential Breakout
Ethereum just completed a triple-bottom formation near the $3,850–$3,900 range — a pattern traders call one of the strongest bullish reversals.
A clean breakout above $4,000 could trigger a fast rally toward $4,300, especially with on-chain data showing whale accumulation ramping up.
🐋 Whales Buy 23,000 ETH in 24 Hours
In the last day alone, three major wallets added over 23,000 ETH during price dips.
According to Nansen, this accumulation phase resembles setups that preceded major run-ups in 2020 and 2021.
Institutional desks are already tracking it closely — one even called it “smart money getting positioned before Q4 rotation.”
💥 Bitcoin Miners Drowning in Debt — $13 Billion and Rising
A new VanEck report reveals that miner debt has ballooned 500% in a year, climbing from $2.1B to $12.7B.
But here’s the twist — most of that money isn’t going toward mining rigs.
Instead, firms are pouring billions into AI infrastructure and energy-efficient data centers, betting that the fusion of Bitcoin and AI will define the next technological decade.
It’s a risky evolution — but also a necessary one.
💰 Radiant Capital Hacker Resurfaces — $10.8M Washed Through Tornado Cash
Nearly a year after the Radiant Capital exploit, the attacker just moved 2,834 ETH ($10.8M) through Tornado Cash.
The original hack drained over $53 million, and this fresh laundering wave confirms that the wallet remains active.
CertiK analysts note that nearly all of the exploiter’s funds are now obfuscated, leaving recovery “virtually impossible.”
DeFi protocols are using this case as a new blueprint for tightening their post-hack response frameworks.
📊 Market Snapshot — October 23, 2025
Global Market Cap: $4.33T (↑ 1.5%)
BTC: $109,120 (↑ 1.2%)
ETH: $4,040 (↑ 2.3%)
SOL: $247 (↑ 6.9%)
HYPE: $14.20 (↑ 8.4%)
XRP: $2.22 (→ 0.0%)
Top Gainers: SOL, HYPE, ETH
Top Losers: DOGE, LTC