Renowned Analyst: The Market's Worst Period Is Behind Us, Coming Weeks Will Be a Period of Consolidation

On November 7th, according to an official announcement, the Binance Futures Copy Trading Platform is going to update the ROI calculation method. Beginning at 11:00 on November 12, 2025 (UTC+8), the new method will be applicable to all currently active copy trading projects. The announcement indicated that the new ROI calculation method incorporates the concept of "Maximum Benchmark Balance" in place of "Cumulative Deposit", which is able to better reflect a trader's performance.

November 7th: Due to the U.S. government shutdown, the October non-farm payroll data, which was originally scheduled to be released at 21:30 tonight, is anticipated to be postponed. This will be the second consecutive "absence" of the non-farm payroll report as the September report was also unable to be released as planned. The U.S. Secretary of Labor recently restated that the non-farm payroll report will be released once the government resumes and economic data cannot be published prior to that. On Friday, the U.S. Senate is scheduled to vote on a new temporary funding bill to end the government shutdown. The Senate has previously failed to pass the bill 14 times, setting a new record for the longest government shutdown. (Jinshi)

On November 7th, Tom Lee, the Chairman of BitMine which is the first Ethereum hodling institution, stated in a CNBC interview the day before that the crash on October 11th was the largest liquidation event in the history of crypto. Subsequently, there were DeFi protocol rug pull events like the Balancer hack, which seriously undermined market confidence. As a result, the market may need a few weeks to digest the impact of these events. "The good news is that currently there are not a large number of projects showing problems, so it does not seem to be a systemic issue."

On November 7th, as monitored by Onchain Lens, a newly established wallet received 630 BTC from FalconX, with a value of $64.2 million.

On November 7th, based on the monitoring of analyst @mlmabc, Paradigm currently holds 19,141,655 HYPE (with an approximate value of 763 million US dollars) and is distributed across 19 addresses. Paradigm has thereby become the largest holder of HYPE. It currently holds 1.91% of the total HYPE supply and 5.73% of the circulating supply.

On November 7th, as monitored by LookOnChain, a whale deposited $621,000 into USDXmoney two weeks ago. Currently, that amount is only worth $163,000, resulting in a loss of $458,000 (-74%) within just 14 days. Two weeks ago, they exchanged 621,000 USDT for USDX and then deposited it into USDXmoney. After Stream Finance disclosed a $93 million loss on November 4th, they became aware of the risk and tried to make a withdrawal. However, three days later, their funds still remained stuck in USDXmoney.