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UNI Short-Term Breaks $10 Mark, Surges Over 40% in 24 Hours

2 hours ago

On November 11th, based on HTX market data, UNI briefly exceeded $10 and is currently trading at $9.24, with a 24-hour increase of more than 40%. Earlier, the Uniswap team proposed to activate the protocol fee switch.
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Coinbase has announced the addition of Fluid (FLUID) and Nomina (NOM) to its listing roadmap.

On November 11th, Coinbase announced that it is going to include Fluid (FLUID) and Nomina (NOM) in its listing roadmap.

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In the past 1 hour, the entire network has seen $57.78 million in liquidations, with the primary liquidated position being a short.

On November 11th, based on Coinglass data, the total network liquidated $57.78 million in the past hour. There were $7.09 million in long liquidations and $50.69 million in short liquidations.

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Uniswap Founder: "Uniswap Launches Fee Switch Proposal" Governance Process Expected to Take 22 Days

On November 11th, Hayden Adams, the founder of Uniswap, responded to questions regarding the progress of the "Uniswap Launch Fee Switch Proposal." He stated that the governance process is expected to take approximately 22 days. This includes a 7-day signaling period, a 5-day snapshot vote period, and a 10-day on-chain voting and execution phase. According to the specific schedule, the final effective date may be slightly postponed.

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Bitcoin Surpasses $107,000

On November 11th, according to HTX market data, Bitcoin exceeded $107,000, and the 24-hour percentage change was 0.91%.

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A whale bought the dip with an average price of $3335 for 191,477 ETH, currently sitting on a paper profit of $47.87 million.

November 11th. According to on-chain analyst CryptoQuant, the "Whale/Institution that Shorted ETH for a $24.48 Million Profit Is Now Longing". This entity shorted ETH for profit and bottomed out at a price of $3,335 on November 5th, acquiring 191,477 ETH (worth $6.38 billion). Currently, they are sitting on an unrealized gain of $47.87 million. They have not ceased their buying spree and have begun to leverage up: 7 hours ago, they borrowed $100 million USDT from Aave and transferred it to Binance, and then withdrew 44,288 ETH (worth $156 million). Over the past week, they have accumulated a total of 235,765 ETH (worth $7.95 billion) at an average price of $3,372.

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Balancer has released a proposal suggesting the deprecation of the v2 stable pool and encouraging LPs to migrate their liquidity to v3.

On November 11th, Balancer issued a statement saying, "During the week following the attack incident, out of an excessive caution, Balancer Labs has put forward a BIP proposal suggesting the deprecation of the v2 stable pool and has encouraged LPs to migrate their liquidity to v3. Balancer v3 is still fully operational and not affected."

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