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Bloomberg: Polymarket Trading Volume Significantly Inflated Due to "Wash Trading"

3 hours ago

On November 7th, according to Bloomberg, a recent study conducted by researchers at Columbia University has discovered that the trading volume of Polymarket, which is one of the most popular prediction markets, has been greatly inflated by what is called "wash trading" - where users frequently buy and sell the same contract within a short period of time. The research findings show that this phenomenon, referred to by the researchers as "artificial trading", has accounted for an average of approximately 25% of all buy and sell trading volume on Polymarket over the past three years, although it has fluctuated over time.
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「Accurate Layout of ZEC」 Whale Rolls ZEC Long Position, Principal Triples, Counterparty Insists on Adding to Position to Flatten, Floating Loss Reaches $15 Million

On November 7th, according to the on-chain AI analysis tool CoinBob (@CoinbobAI_bot), the monitoring data shows that in the past 3 hours, the "Accurate Layout ZEC" whale (0x96e) has once again increased its ZEC position by 10,000 coins, with a total holding value of 26.77 million USD. The changes in its position since 6:00 PM yesterday are as follows: Initial Holding Value: 16.33 million USD - 26.77 million USD; Unrealized Gains: 2.86 million USD (87%) - 5.7 million USD (106%); Average Price: 424 USD - 468 USD. Within the past 4 days, this address has successively deposited 2.21 million USD into Hyperliquid and then opened a 5x leveraged ZEC long position and has been continuously adding to it. In just 4 days, the initial 2.21 million USD has turned into 8 million USD, making it the largest long position on the ZEC contract on Hyperliquid. Additionally, according to the monitoring data, the largest short position on the ZEC contract on Hyperliquid (0xd47) has been continuously adding

7 minutes ago

Trump Admits Some Tariffs Are Paid by U.S. Consumers for the First Time, or May Launch 'Plan B' in Response to Supreme Court Ruling

November 7th. On Thursday, Trump for the first time. He admitted that the costs of the tariffs he imposed be partly borne by American consumers. This marked a significant shift from his long-held narrative. This statement came at a crucial time as the Supreme Court of the United States was questioning the legality of his tariff powers. Trump warned that a by the Supreme Court would be a . He stated that the U.S. government must be prepared with a . Despite the change in position, he still insisted that the tariff policy as a whole had brought tremendous benefits to the United States and was a key tool in resolving international trade conflicts. (FXStreet)

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JELLY Market Cap Sees 87% Evaporation from All-Time High, AIA Skyrockets 800% Before Slight Pullback

On November 7th, according to GMGN's monitoring (accessible via https://t.me/gmgnaibot?start=i_m4TE56o8), the market capitalization of Jelly-My-Jelly (JELLY) has plummeted to $87.5 million. Previously, its market cap had once reached $500 million, experiencing an 87.6% decline from the peak within just two days and currently priced at $0.087. Additionally, in the past 24 hours, several coins have witnessed significant gains, as detailed below: DeAgentAI (AIA): With a 24-hour high point increase of over 800%, the market cap once exceeded $3 billion. Currently, the increase has retracted to 680% and is priced at approximately $13.68; BLESS: Achieved a 131.6% increase at the 24-hour high point. Currently, the increase has fallen to 56%, with a market cap currently at $17.75 million and priced at around $0.061; Filecoin (FIL): Saw an increase of over 80% at the 24-hour high point. Currently, the increase has retracted to 57%, with the market cap at $31.97 million and priced at approximate

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Bitunix Analyst: Currency Market Pressure Heating Up, Fed May Resume Asset Purchases, BTC More Attractive Than Gold After Deleveraging Storm

November 7th: Several Wall Street banks have issued warnings that the tense situation in the U.S. money market may experience a re-escalation, which may prompt the Fed to intervene early. Although the short-term funding rate has temporarily become stable, the spread between the repo rate and the fed funds rate remains high, indicating a further deterioration in market liquidity. Analysts pointed out that if the pressure continues, the Fed may need to restart its asset purchase program in order to prevent the financial system's reserve from falling into a danger zone. Meanwhile, a report from JPMorgan shows that after the recent deleveraging storm, Bitcoin has made a significant recovery from overleveraged positions. After adjusting for volatility, it is relatively "extremely cheap" compared to gold. Strategist Panigirtzoglou noted that the open interest ratio of perpetual contracts has returned to the early-year average, suggesting that the short-term selling pressure has eased. Bitco

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Yesterday, the US SOL Spot ETF saw a net inflow of $29.2 million, with a total inflow of $323 million.

On November 7th, as monitored by Farside Investors, yesterday the US SOL spot ETF witnessed a net inflow of $29.20 million. It has maintained a net inflow for all 8 trading days since its listing, with a cumulative inflow of $323 million.

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Total ZEC Contract Liquidation in 24 Hours reached $18.8M across the network, trailing behind only BTC, ETH, and ADA.

On November 7th, based on Coinglass data, the total value of liquidated contracts of ZEC on the entire network reached $18.8 million within a 24-hour period. The long liquidations were $2.15 million and the short liquidations were $16.65 million. The liquidation amount was only lower than that of BTC, ETH, and ADA.

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