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An address held PEPE for two years and liquidated their position today, realizing a profit of $658,000.

2 hours ago

On November 13th, according to TheDataNerd's monitoring, an address 0x2dc that had been holding PEPE for two years deposited 168.55 billion PEPE into Binance. This is equivalent to approximately 969,000 USD. Two years ago, this address accumulated these tokens at an average price of 0.00000184 USD. As a result, it achieved a profit of 658,000 USD and had an investment return rate of 312%.
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Shitcoin Season Index Rises to 30

On November 13th, according to Coinmarketcap data, the Altcoin Season Index currently stands at 30 (yesterday it was 28). This index indicates that among the top 100 cryptocurrencies by market capitalization, approximately 30 projects have outperformed Bitcoin in the past 90 days. Note: The CMC Cryptocurrency Altseason Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. This index is based on the performance of the top 100 altcoins relative to Bitcoin in the past 90 days.

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Willy Woo: Bitcoin Price Leads M2 to DXY Index More Suited to Assess Bitcoin Correlation

On November 13th, the cryptocurrency analyst Willy Woo stated that "the market does not adhere to the expansion of global M2 supply; rather, it is of a speculative nature. This implies that the market will anticipate and price in expected liquidity in advance. Risk assets usually lead M2. Consequently, at the global top, one will observe the S&P Index peaking ahead of time, and Bitcoin will also reach its peak earlier. This is because Bitcoin can serve as a liquidity perception mechanism." Moreover, M2 is a flawed metric. When evaluating the total fiat supply in the system by measuring in dollars, it is noted that only about 17% is actually in dollars, with the rest in foreign currencies. Thus, M2 actually reflects more the strength of the dollar. In fact, there is a more appropriate metric, which is the DXY (Dollar Index), and it is much more reliable when evaluating the correlation with Bitcoin."

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Binance Wallet: Planck Network Token Airdrop Delayed

On November 13th, Binance Wallet made an announcement that the airdrop of the Planck Network (PLANCK) token is currently postponed. Please stay tuned for further official announcements regarding the specific claim time.

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Emory University Increases Stake in Grayscale Bitcoin Trust to Over 1 Million Shares, Valued at Approximately $51.8 Million

On November 13th, as per Cointelegraph, Emory University has augmented its holdings in the Grayscale Bitcoin Trust to more than 1 million shares, which are valued at approximately $51.8 million. This information was disclosed in the quarterly 13F form submitted to the U.S. Securities and Exchange Commission on Wednesday. Since the second quarter, the university has doubled its holdings in the Bitcoin ETF by adding 487,636 shares with a value of around $25 million.

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Bitdeer is planning to raise $400 million through a convertible promissory note issuance.

On November 13th, the Nasdaq-listed Bitcoin mining company Bitdeer announced that it will raise $400 million through the offering of convertible senior notes. The company also intends to grant the initial purchasers of the notes the option to purchase an additional $60 million worth of notes within 13 days starting from the initial issuance date. This indicates that the company's fundraising scale could potentially reach up to $460 million. The newly obtained funds will be used for data center expansion, ASIC miner development, the expansion of AI and HPC cloud business, and general corporate purposes.

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Vanguard Group Discloses Purchase of 6 Million Shares of Nakamoto Stock

On November 13th, according to BitcoinTreasuries.NET, Vanguard Group, which manages assets worth $11 trillion, announced that it has acquired 6 million shares of the Bitcoin treasury company Nakamoto (NAKA) stock. Vanguard Group has not yet made Bitcoin available to its clients.

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