Karp&#8217;s share sale may signal insider confidence shifts, impacting investor 
sentiment and raising questions about Palantir&#8217;s future valuation.
The post Palantir CEO Alex Karp sells 585,000 shares for $96 million appeared 
first on Crypto Briefing.

Palantir CEO Alex Karp sells 585,000 shares for $96 million

The October 10 crypto crash wasn’t just another violent wick on the chart. 
According to Tom Lee, chairman of Ether-focused treasury and market-making 
firm BitMine, the selloff exposed “structural weaknesses” within major 
liquidity providers that only become visible when volatility hits hard. 
Speaking with CNBC, Lee said the record liquidation cascade, nearly $20B wiped 
out in hours, forced over-leveraged market makers to rapidly unwind positions 
as collateral values sank. That derisking drained liquidity from order books, 
widened spreads, and accelerated the crash in a classic feedback loop. For 
regular users, that kind of liquidity vacuum isn’t just macro noise. It’s when 
swaps fail, fees spike, and centralized wallet pipelines become bottlenecks 
precisely when you need them most. When the infrastructure you rely on cracks 
under pressure, you’re effectively outsourcing your survival to someone else’s 
balance sheet. That’s why many investors are now shifting their focus from 
price action to tools that hold up during stress. Best Wallet is positioning 
its presale around that exact narrative: a mobile-first, non-custodial 
ecosystem built to keep users in control even when market plumbing breaks 
elsewhere. In a post-crash environment where structural fragility is once 
again front and center, that message is resonating. How a Market-Maker 
Liquidity Crunch Spills Into Everyday Crypto Use Lee’s point is simple but 
uncomfortable: when major market makers run aggressively leveraged books, a 
shock like the October 10, 2025, crash can flip a liquidity provider into a 
forced seller almost instantly. Once those books start unwinding, liquidity 
doesn’t just thin, it evaporates. Slippage spikes, execution quality drops, 
and long-tail tokens or smaller venues become structurally untradeable for 
hours. We’ve seen versions of this story before. Centralized exchanges and 
brokerages often look stable right up until volatility reveals mismatched 
liabilities or overextended positions. For everyday users, the question is 
painfully practical: How do you trade, route liquidity, or rebalance 
portfolios without being dependent on a single entity’s balance sheet or 
uptime when markets are blowing up? Different wallets are attempting their own 
solutions. MetaMask is leaning hard into smarter routing and institutional 
integrations. Trust Wallet focuses on simplicity and broad asset support for 
casual users. Phantom expanded from Solana to EVM chains to capture multichain 
retail flow. Best Wallet Token, currently in presale, aims to join this field 
from a different angle, pairing a consumer-grade mobile UX with a security- 
centric backend built on Fireblocks’ MPC-CMP infrastructure. In a cycle where 
liquidity reliability is suddenly front-page news again, that positioning 
stands out. Why Best Wallet Is Positioning Itself as “Crash-Resistant” 
Infrastructure Most wallets still act as thin front-ends. Best Wallet is 
taking a different route, building a full-stack, volatility-aware ecosystem 
that assumes turbulence is the norm, not the exception. The team is openly 
targeting 40% of the global wallet market by the end of 2026, aiming at users 
who want institutional-grade security packaged inside a mobile-first 
interface. At its core is what the team calls the first fully integrated 
Fireblocks MPC-CMP wallet, housed within a retail app. Instead of relying on a 
single private key, multi-party computation splits signing across independent 
shards, eliminating a single-point-of-failure while keeping transactions fast 
enough for everyday trading. The app’s multi-wallet portfolio system lets 
users cleanly separate long-term holdings, active trading, and experimental 
positions without juggling addresses. Beyond storage, the product places a 
strong emphasis on access. The Upcoming Tokens portal curates early-stage 
presales and embeds a streamlined purchase flow, allowing users to participate 
in vetted launches without jumping through third-party sites. The Best DEX 
aggregator, powered by Rubic, pulls routes from multiple chains, DEXs, and 
cross-chain bridges, optimizing trades for both price and execution in real- 
time. On the token side, $BEST is designed to tie utility directly to user 
activity. Holders receive reduced in-app fees and can stake into a dedicated 
800M-token rewards pool (8% of supply). Payouts scale proportionally with each 
staker’s share of the pool, and staking is live during the presale, giving 
early buyers a head start on compounding. That pitch appears to be resonating. 
The presale has already raised over $17.2M with tokens priced at $0.025975 and 
just 7 days remaining. Whale-tracking data shows two recent large purchases 
totaling $136k, including a confirmed $56K buy on September 2, 2025, a signal 
that some larger players are willing to take early directional exposure. For 
anyone recalibrating after the October 2025 crypto crash, tools like Best 
Wallet offer a more constructive response than trying to time the exact 
bottom. Rather than betting on perfect entries, you can build a stack that 
remains flexible, fee-efficient, and self-custodial the next time liquidity 
disappears without warning. Join the $BEST presale today. This article is for 
informational purposes only and should not be considered financial, 
investment, or trading advice. Authored by Aaron Walker, NewsBTC – 
https://www.newsbtc.com/news/crypto-market-crash-october-10-2025-best-wallet- 
presale

Tom Lee Knows Why the Crypto Market Crashed: $BEST May Be the Safest Investment Now

In crypto, success isn’t built by avoiding mistakes but by learning from them 
fast—resilience and adaptation beat perfection every time.

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Cameron and Tyler Winklevoss are betting on privacy protocols gaining major 
traction as AI continues to grow at an exponential rate.

Winklevoss twins bet on Zcash, privacy to combat AI threat

Kalshi raises $1B to lead global prediction markets. Kalshi, a U.S.-based 
prediction market platform regulated by the Commodities Futures Trading 
Commission, has raised $1 billion at an $11 billion valuation, according to a 
TechCrunch report. The company has not publicly…

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