Bitcoin Withdrawal Trend Continues, with a Net Outflow of 463.27 BTC from CEX in the Last 24 Hours

On November 13th, according to HTX market data, Ethereum has rebounded and is now above $3,500, with a 24-hour increase of 1.7%.

On November 13th, according to Alternative Data, the Fear and Greed Index of cryptocurrencies today is 15 (yesterday it was 24), and the weekly average is 27. The market is currently in a state of "extreme fear." Note: The threshold of the fear index is 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Activity (15%) + Market Surveys (15%) + Bitcoin's Dominance Percentage (10%) + Google Trends Analysis (10%).

On November 13th, as per farside monitoring, the net outflow of the US Ethereum spot ETF yesterday was $183.7 million, indicating the second consecutive day of net outflows. These include: · A net outflow of $91 million for ETHA; · A net outflow of $49.3 million for ETHE; · A net outflow of $23.8 million for Grayscale ETH; · A net outflow of $19.6 million for FETH.

On November 13th, according to farside monitoring, the net outflow of the US spot Bitcoin ETF yesterday was $278.1 million, bringing an end to a two-day net inflow situation. This includes: · The net outflow of FBTC was $132.9 million; · The net outflow of ARKB was $85.2 million; · The net outflow of IBIT was $36.9 million; · The net outflow of GBTC was $23.1 million.

November 13th: The top official of the Monetary Authority of Singapore (MAS) stated on Thursday that the Singaporean central bank intends to establish a scalable and secure tokenized financial ecosystem. In order to achieve this goal, it will conduct a pilot issuance of MAS tokenized notes next year and introduce relevant laws to regulate stablecoins. Singapore's Monetary Authority Director Chia Der Jiun pointed out at the Singapore Fintech Festival: "Tokenization has begun, but has asset-backed tokenization reached 'escape velocity'? Not yet." He stated that MAS has been fine-tuning the details of the stablecoin regulatory framework and will subsequently draft relevant legislative proposals, with the core focus being on "robust reserve asset backing and reliable redemption mechanisms." Chia Der Jiun also added that MAS is simultaneously supporting various pilot projects under the "Blue Initiative," which aims to explore the use of tokenized bank liabilities and regulated stablecoins

On November 13th, the Perp DEX Astros of the Sui Ecosystem officially entered the second phase of the soft launch at the end of October. In just over a week since its launch, the total trading volume has exceeded $100 million, showing strong growth momentum. The co-founder of the Sui Foundation personally tweeted about experiencing this Perp DEX, which further attracted community attention. At the same time, Astros officially launched the Astros Ores Daily Lucky Draw event yesterday to encourage active participation from ecosystem users. Users can randomly receive Ores airdrops based on their trading volume, unlocking more benefits on the platform. Astros Ores are a crucial credential in the Astros ecosystem and will serve as the core pass for ecosystem benefits and future airdrops, with a limited total supply.