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Stable: Pre-Deposit Event Phase 2 has Started

2 hours ago

On November 6th, Stablecoin Public Chain Stable announced that the second phase of the deposit event has commenced. Previously, it was reported that Stable stated that the second phase of the deposit event would be able to accept up to 500 million US dollars in eligible deposits. Participants are required to use USDC for deposits and complete Know Your Customer (KYC). Each verified user is limited to one wallet. All USDC deposits will be converted into brand new USDT on the Stable network, which will enhance on-chain liquidity, bridge institutional funds with the on-chain market, and strengthen the overall ecosystem's stablecoin liquidity.
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Speaker of the House Johnson: Today's Outlook on Resolving the Government Shutdown Issue Is "Less Optimistic Than Yesterday"

On November 7, U.S. House Speaker Johnson said that he is "less optimistic today than yesterday" regarding the resolution of the government shutdown issue. (FX168)

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「Buddy」 ETH Long Position Faces Partial Liquidation Again, Current Position Reaches $7.6 Million

On November 7th, as monitored by Onchain Lens, due to the market's downturn, the "Whale" witnessed another partial liquidation of its 25x long position in ETH. At present, the "Whale" still holds a position of 2,300 ETH, which is worth $7.6 million.

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Hourglass: Stablecoin Staking Event Phase 2 $100,000 Minimum Deposit Window to be Extended by At Least 1 Hour

On November 7th, Hourglass announced that "The minimum deposit window of $100,000 for the Stable Pre-Launch Phase 2 will be extended by at least one hour." (This sentence is already in a relatively common and clear English structure for such announcements. There may not be a significant difference in a "typical American language habit" rewrite as it is already presented in a straightforward manner.)

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Over the past month, three whales have bought a total of 17M $OVPP($375K).

Over the past month, three whales have bought a total of 17M $OVPP($375K). Whale 0xaca5, holding over $10M in assets, bought 7.6M $OVPP($165K) from MEXC and DEXs. 0xae84 bought 5.43M $OVPP($117K). 0x3bd5 bought 3.97M $OVPP($87K).

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A whale withdrew 114.9 million USDT from Aave, causing Aave's main market USDT utilization rate to soar above 92% of the optimal utilization threshold.

On November 6th, based on the monitoring of LookOnChain, a whale address 0x540C has just withdrawn 1.149 billion USDT from Aave. This has led to the USDT utilization rate on the Aave main market rising to 92.83%, which exceeds the optimal utilization rate threshold of 92% of the protocol.

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MEV Capital and Re7 Labs have reached a fund utilization rate of 99% in the Lista DAO platform, triggering a forced liquidation.

On November 6th, as monitored by LookOnChain, MEV Capital and Re7 Labs have just achieved a fund utilization rate of 99% within a pool managed on the Lista DAO platform, which has triggered a forced liquidation. If you have funds deposited in a DeFi protocol, it is essential to be aware of the risks. Currently, the fund utilization rate on multiple platforms has exceeded 90%.

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