CertiK: DIMO Admin Wallet Experiences Suspicious Activity, 30 Million Tokens Sold for Approximately $40,000

On November 7th, according to Coinglass data, within the past 4 hours, there was a total network liquidation of $170 million. Among them, the long liquidation accounted for $138 million. Moreover, in the last 24 hours, a total of 241,486 people were liquidated globally, with a total liquidation amount of $710 million. The largest single liquidation took place on Hyperliquid - BTC-USD, with a value of $15.3129 million.

On November 7th, based on market data, the Nasdaq opened at a lower level and continued to decline. The decline expanded to 1.23%. Meanwhile, the S&P 500 Index fell by 0.74%.

On November 7th, based on market data, the U.S. stock market opened with all three major indexes opening lower collectively. The S&P 500 index fell below 6,700 points, and the Nasdaq fell below 23,000 points. U.S. stock crypto concept stocks generally declined, including: Strategy (MSTR), which fell by 5.14%; Circle (CRCL), which fell by 2.07%; Coinbase (COIN), which fell by 1.28%; MARA Holdings (MARA), which fell by 3.73%; Riot Platforms (RIOT), which fell by 5.48%; Bitmine Immersion (BMNR), which fell by 1.35%; and SharpLink Gaming (SBET), which fell by 2.42%.

On November 7th, based on HTX market data, SOL witnessed a short-term decline and touched $150. It is currently trading at $150.4, indicating a 24-hour decrease of 4.89%.

On November 7th, the US Dollar Index (DXY) dipped to a one-week low. This occurred as investors continued to absorb the weak US private sector employment data from Thursday. The US Challenger business layoff data revealed a significant rise in layoffs during October, which strengthened market expectations of another Fed rate cut in December. During the US government shutdown, as there was a lack of official data, the market became more dependent on data from private institutions. Analyst Chris Turner from ING pointed out in a report that the decline of the dollar might also reflect an improvement in money market conditions. The borrowing volume for the Fed's overnight standing repo facility (SRF) has decreased to zero, while a week ago, the facility was being utilized up to $500 billion. (FXStreet)