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A certain long-term BTC bear whale has made a $9 million profit through the funding rate, while also holding $10 million in unrealized gains from their short position.

2 hours ago

On November 13th, as monitored by HyperInsight (accessible via https://t.me/HyperInsight and opened in a new tab), the "Four Times Shorting BTC" whale (identified as 0x5D2) had previously initiated a 20x BTC short position on May 9th. Through funding rate settlements, it has amassed a profit of $8.97 million. The current BTC position size is approximately $127 million, with an unrealized profit of $10.05 million (equivalent to 160%), and an average price of $11,150. Currently, it holds the TOP 1 position among BTC short positions on Hyperliquid. In previous news, this address had opened large BTC short positions four times this year, all of which resulted in losses totaling approximately $5.48 million. After 10.11, this BTC short position partially closed to take profits, with 40% of the position, resulting in a profit of approximately $5.17 million.
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Jupiter New Proposal: Add Instant Unstake Option for JUP with a 3% Fee

November 13th: The Jupiter community has put forth a new proposal to incorporate an instant unstake option for the JUP token, accompanied by a 3% fee. Users are now able to utilize this option without having to endure the standard 7-day waiting period. This mechanism is designed to offer long-term staking incentives. The fee can either be burned or transferred to the Litterbox or the Staking Rewards Pool, thereby benefiting the community and curbing the circulating supply.

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「Whale」 Increases Long ETH Position by Adding Approximately $710,000 in Margin, Position Value Reaches $6.2 Million

On November 13th, as monitored by LookOnChain, "Buddy" Huang Lizheng once more deposited approximately 710,000 USDC into the account as additional margin. This led to further leveraging of 25 times on an ETH long position and 10 times on a UNI long position. The current positions are as follows: A 25x long ETH position worth $6.2 million, with an entry price of $3,514.07 and a liquidation price of $3,108.13; A 10x long UNI position worth $200,000, with an entry price of $9.46206.

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The US government shutdown has ended, but the partisan bickering continues.

November 13th. On the evening of November 12th in local time, President Trump signed a bill at the White House, thereby officially bringing an end to the longest government "shutdown" in the history of the United States. Nevertheless, the partisan strife between the Republican and Democratic parties in the U.S. persists. This hard-won "resumption" is more akin to a brief truce rather than a genuine reconciliation. The budget showdown at the end of January of the following year, the game involving national health insurance subsidies, and the fiscal tactics prior to the midterm elections next year will all serve as the main battlegrounds of the ongoing tug-of-war between the two parties. (CCTV International News)

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Infinex: Upcoming INX Token TGE, 100% of Supply to be Allocated to Patrons

On November 13th, Founder kain of the cross-chain aggregation DeFi platform Infinex announced that Infinex is about to carry out a TGE. 100% of the INX supply will be allocated to Patrons. The total supply of INX is 10 billion, and there are 100,000 Patron NFTs. Each Patron NFT will receive 100,000 INX. μPatron holders will receive INX tokens at a ratio of 1:10. The Infinex treasury still holds approximately 33% of the token supply. Some of these tokens are used for Patron sales, some for future incentives, and some for treasury holdings. After the TGE, Patron NFTs will be converted to classic PFPs. In addition, Infinex will also launch a public sale on the ICO platform Sonar. On the first day of its launch, Infinex will be integrated into the Monad, MegaEth, and Fogo chains and will be compatible with all tokens and decentralized applications.

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