Ethereum Surges Above $3,500

On November 13th, as monitored by Onchain Lens, the Bitcoin whale Owen Gunden once more deposited 2,401 BTC into Kraken, with a value of $244.96 million. Owen Gunden still retains 2,499 BTC, which is worth $258.58 million.

On November 13th, Japan's Bitcoin custodian company DAT disclosed its third-quarter financial report. The sales revenue reached ￥2.401 billion, showing a 94% increase compared to the previous quarter. The operating profit was ￥1.339 billion, with a 64% growth from the previous quarter. The net profit was ￥1.27 billion. The net assets were ￥532.9 billion, experiencing a 165% increase from the previous quarter.

On November 13th, on-chain analyst Murphy released BTC data analysis. With the conclusion of the U.S. government shutdown, market panic eased somewhat. However, BTC has not yet witnessed a rapid rebound. There are two bullish aspects in the on-chain data of BTC: the balance of BTC within Binance has begun to decline, suggesting that some funds are starting to gradually enter the market and digest potential selling pressure. Yesterday, after BTC's price rebounded to $105,000, it fell again, resulting in a loss of $170 million on that day. Compared to $540 million on November 4th and $350 million on November 7th, although the BTC price is similar, the realized loss amount has significantly decreased. Market sentiment is gradually adapting to the weak performance of the market, and panic sentiment has not further intensified. There are still two unfavorable aspects in BTC's on-chain data: according to the purchasing power monitoring data within the Binance platform, the market has not ye

On November 13th, as monitored by HyperInsight (accessible via https://t.me/HyperInsight and opened in a new tab), the "Four Times Shorting BTC" whale (identified as 0x5D2) had previously initiated a 20x BTC short position on May 9th. Through funding rate settlements, it has amassed a profit of $8.97 million. The current BTC position size is approximately $127 million, with an unrealized profit of $10.05 million (equivalent to 160%), and an average price of $11,150. Currently, it holds the TOP 1 position among BTC short positions on Hyperliquid. In previous news, this address had opened large BTC short positions four times this year, all of which resulted in losses totaling approximately $5.48 million. After 10.11, this BTC short position partially closed to take profits, with 40% of the position, resulting in a profit of approximately $5.17 million.

On November 13th, as per the monitoring of Onchain Lens, it was reported that the whale that deposited 8 million USDC into HyperLiquid last night and initiated a 25x leveraged long position in ETH has closed the position to realize profits. The whale's entry price was $3,498, the exit price was $3,532, with a position value of $37 million, resulting in a profit of only approximately $350,000.

On November 13th, Binance made an official announcement. The Pieverse (PIEVERSE) token circulation will commence on November 14, 2025, at 19:00 (UTC+8). Users who participated in the Pieverse Pre-TGE will be able to start trading the PIEVERSE token on Binance Alpha after trading opens. The winners of Pieverse Booster Program Phases 1, 2, 3, and 4 will receive a portion of PIEVERSE rewards within 8 hours after the token circulation begins.