A certain whale withdrew 6000 ETH from Kraken after 6 months of silence

On November 25th, the WEEX exchange declared that WEEX has officially provided support for the Monad mainnet. Monad is a high-performance Layer 1 blockchain that is designed to overcome the scalability limitations of existing networks (especially Ethereum) while being fully compatible with the EVM. WEEX launched Monad (MON) for the first time across the entire network at 23:00 (UTC+8) on November 24th. Deposits became available starting from 21:00 (UTC+8) on November 24th, and withdrawals are scheduled to start at 23:00 (UTC+8) on November 25th.

On November 25th, "Fed's Megaphone" Nick Timiraos shared on social media that the upcoming Fed meeting is likely to be summed up with "WWJD" (What Will Jerome Decide - What decision will Jerome Powell make?). Currently, the ultimate decision-making power is more in Powell's hands than ever. Allies have created conditions for Powell to cut rates if he desires and then indicate that further rate cuts are not likely in the current context.

On November 25th, according to on-chain analyst Ai Yi (@ai_9684xtpa), nemorino.eth has begun to rebuild positions after incurring a loss of $1.804 million in the previous ETH price swing. Five hours ago, they spent 6 million USDC to purchase 2014.87 ETH on the blockchain, with an average cost of $2977.85 per ETH.

On November 25th, Smokey the Bera, a co-founder of Berachain, responded on social media to the report that Berachain was granted a $25 million refund right to Nova Digital in Series B funding. He stated that the information was "neither accurate nor complete." Smokey the Bera clarified the details of the investment agreement with Brevan Howard: A year ago, Brevan Howard, through its Abu Dhabi office's Nova Fund, co-led Berachain's Series B funding round with investment terms identical to those of other investors. Nova's compliance team requested additional terms to mitigate the risk of TGE failure and non-listing, resulting in the signing of an additional commercial agreement, which included a commitment to provide liquidity after the network launch. Smokey the Bera emphasized that Nova remains one of the largest token holders of Berachain and may even be the largest. Holding locked BERA tokens from the Series B funding round and liquid BERA tokens purchased from the open market, Nov

On November 25th, Bloomberg ETF analyst Eric Balchunas posted on social media, saying, "The short position of IBIT has decreased significantly. Although it was not initially high, accounting for only 2% of the float, it now is almost back to the pre-April surge levels. S3 Partners pointed out that traders usually short sell when the stock price is strong and cover their positions on the way down. This includes all ETFs for reference in the analysis."

On November 25th, as reported by Nikkei Asia, the Japanese Financial Services Agency is going to mandate cryptocurrency exchanges to set up a reserve fund in order to compensate users in case of a hacking incident or security vulnerability.