CryptoQuant CEO: If Fee Switch is activated, $500 million worth of UNI will be burned annually

November 11th. Based on Onchain Lens monitoring, a significant institution/company deposited 1.19 million UNI tokens (valued at $10.54 million) into Binance, which led to a loss of $914,000. The whale/institution had amassed these UNI tokens by investing $11.45 million from February 5th to October 12th, 2025, from Binance and Flowdesk.

On November 11th, President Trump of the United States declared that the Supreme Court of the United States was furnished with inaccurate data. In the event that an unfavorable ruling is handed down on the tariff issue, the ensuing "tariff refund," encompassing the already committed, to-be-invested, and repatriated funds, will surpass $30 trillion. Such an enormous setback is fundamentally irremediable and constitutes a genuine insuperable national security event, exerting a devastating impact on the future of the United States—possibly even making it arduous for the country to sustain itself. (Golden Finance)

On November 11th, as per the monitoring of Onchain Lens, a whale transferred 1.19 million USDC into HyperLiquid and initiated a 5x leveraged long position in UNI. The value of this position is $4.47 million, and the liquidation price is $7.41.

On November 11th, as per the monitoring of LookOnChain, the "Borrow-and-Short 66,000 ETH Whale" has made a total purchase of 75,418 ETH ($2.6946 billion) within the past 12 hours. Currently, it holds 266,901 ETH ($949 million).

On November 11th, the direction of the U.S. government shutdown is becoming evident, suggesting that Wall Street is likely to soon witness a wave of key economic reports that have been postponed for more than a month. The first to come into view will be the September employment data. Morgan Stanley economists project that the September employment report could potentially be released as early as this Friday, yet it is more inclined to be at the start of next week.

In addition, in the most unfavorable situation, the October Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures (PCE) Price Index might not be released at all. The PCE Price Index is the Fed's preferred inflation metric.

Another possibility is that the U.S. Bureau of Labor Statistics will try to extrapolate the monthly inflation trend. Nevertheless, economists assert that the quality of the report will be signi