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LGT Group Cancels HKD 24 Million Plan to Purchase Cryptocurrency

4 hours ago

On November 7th, Lergo Holding (08472.HK) made an announcement stating that, "Given the special risks involved in investing in cryptocurrency and commodities, and considering the professional knowledge and experience of our management team in these markets, the Company has decided on November 7, 2025, that it will no longer proceed with its plan to acquire cryptocurrency and commodities and has approved the cancellation of the HKD 24 million budget." (China Finance Online)
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「Top 100% Win Rate Whale」 Liquidates ZEC Short Position with a Loss of $375,000, Account Balance Now Only $220,000

On November 7th, according to the monitoring of HyperInsight, the "Front-Runner Whale with 100% Win Rate" closed its 10x short position in ZEC 5 minutes ago, with a value of approximately $4.3 million. The average entry price of the whale was $627.7359, and ZEC is currently trading at $687. The whale has suffered a loss of $375,000, and the account now only has $220,000 remaining.

2 minutes ago

In the past 4 hours, the entire network has liquidated $170 million, with long liquidations totaling $138 million.

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.

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Nasdaq Opens Lower and Extends Losses to 1.23%, S&P 500 Index Declines 0.74%

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%.

2 minutes ago

US Stock Market Opens Lower, Crypto-related Stocks Experience a Broad Decline, with Strategy Inc. Plunging by 5.14%

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%.

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SOL sees short-term dip to $150, with a 4.89% decrease in the last 24 hours

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%.

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James Wynn Reveals 40x Bitcoin Short Position Profit, Entry Price $105,148.7

On November 7th, according to the monitoring of HyperInsight, "Bankruptcy Whale" James Wynn disclosed his 40x leveraged short position in Bitcoin. The current position size is $3 million, the entry price is $105,148.7, and the unrealized gains exceed $150,000.

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