Last week, the US Spot Bitcoin ETF saw a net outflow of $8.02 billion, with a trading volume of $250 billion.

On November 4th, Daniel Li, the founder of Liquid Capital (formerly LD Capital), posted, saying, "As the Nasdaq is on the rise, the current sentiment in the cryptocurrency market is overly panicked. In the short term, the cryptocurrency market has investment value. When others are panicking, it is time to be greedy. Certainly, risk control and stop-loss measures should also be in place because there may still be unknown risks in the market. It is still recommended that non-genius professional traders should not participate in contract trading; the volatility of the spot cryptocurrency market is already quite significant enough."

On November 4th, as monitored by lookonchain, a certain anonymous hacker once more panicked and sold during the market downturn. They sold 2,243 Ether at a price of $3,589 each, with a total value of approximately $8.05 million. As is often the case, the hacker bought at a high price and sold at a low price.

On November 4th, Coinbase announced in a post that the Kite (KITE) spot trading will officially commence on November 3rd, 2025, in the local time. If the liquidity conditions are satisfied and trading is supported in your region, the KITE/USD trading pair will become active later on that day.

On November 4th, according to Coinglass data, if Bitcoin rebounds to a level above $108,000, the cumulative short liquidation intensity on mainstream CEXs will amount to $576 million. Conversely, if Bitcoin drops below $104,000, the cumulative long liquidation intensity on mainstream CEXs will reach $505 million. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the precise value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price will undergo a stronger reaction due to a liquidity cascade.

On November 4th, according to MLM Monitor, the "1011 Insider Whale" (with holdings exceeding $10 billion / Garret) has made a return. After withdrawing from Binance, he deposited $20 million USDC into Hyperliquid. Subsequently, he promptly established a long position through two significant market orders: 150 Bitcoin (approximately $15.8 million) and 5,000 Ethereum (approximately $17.9 million).

On November 4th, according to HTX market data, Bitcoin has seen a rebound and exceeded $106,000. It has witnessed a 24-hour decrease of 3.36%.