Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

On November 24th, based on glassnode data, around 79.6% of the circulating SOL (approximately 478.5 million tokens) is currently in a state of unrealized losses. This highlights that prior to the recent downturn, the on-chain distribution of the market was highly concentrated at its peak.

On November 24th, according to market information, the Thai cryptocurrency exchange Bitkub is contemplating conducting an initial public offering (IPO) in Hong Kong. Bitkub might commence its IPO in Hong Kong as early as the next year with the aim of raising approximately $200 million.

On November 24th, as per on-chain analyst Ai Auntie (@ai_9684xtpa), the "Longing a Basket of Altcoins" whale has been maintaining a position for a week. Currently, their unrealized losses have grown to $4.06 million. Among the 22 tokens they are long on, only one, LINEA, is in a profitable state, while the rest are in the red. The largest position in token HYPE ($4.64 million) has an unrealized loss of $1.303 million.

On November 24th, the CEO of Strike, Jack Mallers, stated on Sunday that JPMorgan Chase closed his bank account last month without providing a reasonable explanation. After being questioned, JPMorgan Chase responded that the account had "concerning activity." In response to this, there is widespread concern in the market that Operation Chokepoint 2.0 is still in effect. Operation Chokepoint 2.0 refers to a coordinated action that is allegedly being taken by U.S. federal banking regulators during the Biden administration and is aimed at pressuring traditional financial institutions to refuse services to businesses, executives, and individuals in the cryptocurrency ecosystem.

On November 24th, according to the monitoring of GMGN (accessible via https://t.me/gmgnaibot?start=i_m4TE56o8), as the BTC price stabilizes, some altcoins and meme coins have witnessed significant fluctuations recently. These include: PIPPIN: Currently with a market value of $53.15 million and trading at $0.053, it has seen a 2-hour increase of over 80%. Yesterday, it briefly surged from $0.027 to $0.085 and then quickly fell back to its previous level. Today, it has once again experienced a significant increase. BANANA: With a current market value of $36.88 million and trading at $0.0036, it has a 2-hour increase of over 20%. Yesterday, it briefly rose from $0.024 to $0.035 and then saw a slight decline. Today, it has once again experienced a significant increase. TNSR: With a current market value of $136 million and priced at around $0.17, it has a 2-hour increase of over 50%. On the 20th, it briefly rose from $0.12 to $0.35 and then quickly fell back to its previous level. Recent

On November 24th, the Web3 security infrastructure provider GoPlus officially announced that its core security services have been fully integrated into the Monad mainnet. This integration offers comprehensive security guarantees for the early development stage of the ecosystem. It enables Monad developers to easily access GoPlus's key security capabilities, such as transaction security APIs, malicious address identification, and real-time risk detection of authorized behaviors. Additionally, GoPlus SafeToken Locker is also supported synchronously, which can help projects transparently lock team tokens and liquidity tokens, enhancing community trust and transparency. GoPlus stated that this integration aims to provide institutional-grade protection for builders on the Monad chain. Several Monad ecosystem projects have already been the first to join. GoPlus will continue to build a secure and trustworthy blockchain ecosystem and provide more reliable security infrastructure services to