Ethereum Surges This Morning, Breaking Above $3,600

On November 10th, the US Senate is currently conducting a procedural vote to bring an end to the government shutdown. It is currently just one vote short of passing. According to relevant information, after the procedural vote is successful, the Senate must amend three appropriations bills (legislative, military construction, and agriculture, including the SNAP program), and then send them back to the House of Representatives. Each amendment will trigger a 30-hour debate period, which may cause delays to the process. If the Democrats decide to extend these debates, the government may not reopen until Wednesday or Thursday. However, if they give up this time, the "end of the government shutdown" process could be completed tonight, and the US government could resume operations tomorrow night. The current filibuster rules may have a significant impact on the timeline.

On November 10th, according to Bloomberg, the Hong Kong government intends to issue a digital green bond denominated in US dollars, Hong Kong dollars, euros, and Chinese yuan. The pricing is scheduled to take place as early as today. This will be the third issuance of digital bonds by the Hong Kong government since 2023. If this bond issuance is successfully carried out, it will be an important step for the government to promote the tokenization of bonds and Real World Asset (RWA) tokenization. A Citic Securities analyst stated that it is expected that in the next 2 to 3 years, Hong Kong's local digital bonds will transition from pilot projects to becoming a standard option for high-quality corporate financing.

On November 10th, as per HyperInsight's monitoring, the "Buddy" has just augmented its Ethereum long position by 25 times subsequent to realizing a floating profit in its Ethereum long positions. By the time of this writing, its ETH long position amount has attained $19.196 million, accompanied by a profit of $1.02 million.

November 10th. According to the monitoring of HyperInsight, with the positive news that the U.S. Senate reached an agreement to end the federal government "shutdown", Ethereum surged above $3,600 this morning. Meanwhile, the 1.4 billion USD long position of Ethereum held by the "1011 Insider Whale" saw its unrealized gains increase to 7.2 million USD.

On November 10th, according to the monitoring of Hyperinsight (https://t.me/HyperInsight), the recent on-chain activities of prominent whale contracts are as follows: · The "BTC OG Whale" is holding a long position of 40,000 ETH and currently has a floating profit of more than $6 million. Its opening price was $3,445.58, and the liquidation price is $3,597.2. · "Brother" Huang Lizhong is holding a 25x leveraged Ethereum long position (holding approximately 4,500 ETH) and currently has a floating profit of more than $1 million. The opening price was $3,392.76, and the liquidation price is $3,364.56. · James Wynn's contract has recently experienced an "eight-game losing streak," with a cumulative loss of more than $190,000. He currently holds a 40x leveraged Bitcoin short position with a floating loss of $11,500, and the liquidation price is $106,843.75. · The "BTC Whale who has been shorting since 2025.03" is still enjoying a floating profit of $7 million on a 20x leveraged Bitcoin

On November 10th, the U.S. Senate is conducting a procedural vote regarding a plan to bring an end to the government shutdown. This plan requires 60 votes to be passed. As of now, there are 56 votes in favor and 40 votes against.