「1011 Insider Whale」 Increases Leverage on BTC Long Position 3X to 350 Coins

On November 4th, according to HTX market data, the crypto market witnessed a sharp decline. The total crypto market capitalization dropped below $3.6 trillion. In the past 24 hours, liquidations across the entire network exceeded $1.3 billion, with long liquidations totaling $1.181 billion and short liquidations amounting to $136 million. Among them: - 「Binance Life」plunged by more than 53% in 24 hours and is currently trading at $0.1068. - 「4」decreased by over 47% in 24 hours and is currently trading at $0.05. - GIGGLE declined by more than 32% in 24 hours and is currently trading at $50.24. - KDA fell by over 32% in 24 hours and is currently trading at $0.0326. - LAB tumbled by over 29% in 24 hours and is currently trading at $0.138. - ALT slumped by over 22% in 24 hours and is currently trading at $0.0168.

On November 4th, as per the monitoring of LookOnChain, following CZ's highly visible purchase of ASTER, a particular whale enhanced their short position in ASTER. The combined current unrealized gains of the two wallets have reached 21 million USD. This whale is also short on DOGE, ETH, XRP, and PEPE, and all these positions are currently generating profits. Their total profit on Hyperliquid now approaches 100 million USD.

On November 4th, based on HTX market data, Bitcoin dropped below $105,000, experiencing a 24-hour decline of 2.43%.

On November 4th, according to Coinglass data, within the past 1 hour, the total liquidation across the network amounted to $129 million. Specifically, there were $124 million in long liquidations and $4.65 million in short liquidations.

On November 4th, according to Decrypt, the prosecutors in the US Southern District of New York stated in a sentencing memorandum that Keonne Rodriguez, the founder of Samourai Wallet, and William Lonergan Hill had solicited criminal users on the dark web and referred to coin mixing as "Bitcoin laundering." The two have pleaded guilty to "operating an unlicensed money transmitting business and engaging in money laundering." Prosecutors are seeking up to 5 years in prison under 18 U.S.C. §371. Authorities stated that the service laundered at least $237 million from 2015 to 2024, and the two charged approximately 246.3 BTC in fees (currently valued at around $269 million). Rodriguez is scheduled to be sentenced on November 6th, and Hill will follow the next day.

On November 4th, according to HTX market data, SOL dropped below $160, experiencing a 24-hour decrease of 10.57%.