Solana dropped 6% to $182 on October 30, its steepest decline since October 10. Jump Crypto sold 1.1 million SOL tokens worth $205 million to Galaxy Digital and purchased $265 million in Bitcoin within minutes, data show. The firm retains 73% of its $202.78 million staked portfolio in SOL despite the rotation.

Ethereum climbed back above $4,000 on October 26, recovering 10% from its Wednesday low of $3,811. Short traders concentrated $650 million in leverage positions around the $4,150 resistance level. Treasury firms holding ETH now control 3.2 million tokens, surpassing Bitcoin corporate holdings as a percentage of circulating supply.

Bitcoin reached $113,800 on October 26, gaining 10% over ten days after recovering from mid-October lows. Decentralized finance protocols recorded $400 million in net Bitcoin inflows between October 17 and October 26, data show. The rally coincided with gold retreating 6% from its October 18 peak of $4,380 per ounce to $4,103.