Bridgewater Fund Significantly Reduces Its Holding in NVIDIA in the Third Quarter
On November 14th, Bridgewater Associates, which is the world's largest hedge fund, disclosed its holdings report as of the end of the third quarter of this year. The report indicates that by the end of the third quarter of this year, Bridgewater held 2.51 million shares of NVIDIA, with a decrease of 65.3% compared to the 7.23 million shares it held at the end of the second quarter.
It is important to note that in the second quarter of this year, Bridgewater significantly expanded its position in NVIDIA by 154.37%. This reduction in holdings reflects Bridgewater's cautious attitude towards NVIDIA's future performance. (FX168)
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Several high-win-rate whales have entered "holding the book" mode, benefiting the earlier accumulated UNI whales with an overall long position book loss of $1.22 million.
On November 14th, as the market continues to be in a deep downturn, several high-win-rate whales on Hyperliquid have entered the "holding the line" mode. Among them:
The high-win-rate whale 0x9263, which preemptively laid a long position in UNI, is currently facing an unrealized loss of $1.22 million. The majority of the loss stems from their highly leveraged Bitcoin and Ethereum long positions. This address has accumulated a total contract profit of $20.7 million.
The "HYPE Listing Insider Whale" altcoin long position combination is facing an unrealized loss of $2.99 million. Their main holdings are long positions in HYPE and STRK.
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Ethereum Whale: Still bullish on the late-stage US stock market trend, repeatedly suggesting buying the dip in spot instead of futures
On November 14th, Daniel Yan, the founder of Liquid Capital (formerly LD Capital), expressed: "Returning to the key factor determining the cryptocurrency market: the U.S. stock market. It is indeed difficult to judge whether the U.S. stock market will continue to decline or rebound. However, considering various bearish factors and the reference provided by the earnings reports of the seven U.S. stock giants, I still remain optimistic about the later stage of the U.S. stock market. This is where the difference lies; therefore, I repeatedly suggest buying when the price drops in spot trading, not in contracts. From an investment perspective, the upward trend has more potential than the downward trend."
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BiyaPay Analyst: BTC Technicals Weaken, Drops Below $100,000 Again, Next Key Support at $80,000
November 14th: Against the backdrop of a sharp downturn in overall sentiment, Bitcoin officially dipped below $100,000 on Thursday, hitting a low of $98,000. This represents a drop of over 20% from its peak of $125,000, re-entering the territory of a technical bear market. Analysts at BiyaPay pointed out that this round of correction was jointly triggered by the cooling of "Fed rate cut expectations" + the sell-off of tech stocks + weak ETF inflows, resulting in the weakening of the core support and the continuous deterioration of market sentiment.
In the derivatives market, the trading volume of protective put options in the range of $90,000 to $95,000 has surged. Institutions are positioning for a greater risk of a pullback. Analysts believe that the next key support level for Bitcoin lies in the range of $80,000 to $85,000. If it breaks below this level, it will open up more downside potential.
For BiyaPay users, when uncertainty is gradually subsiding and the market is entering a
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Alibaba's Cross-border Business Plans to Cooperate with JPMorgan Chase to Test a CBDC Payment Solution
On November 14th, as per CNBC, it is reported that Alibaba Group's cross-border e-commerce department is planning to launch an AI-powered subscription service and is collaborating with JPMorgan Chase to test a "stablecoin-like" payment method in order to enhance the efficiency of cross-border settlement. The report suggests that this payment tool may be employed for international trade and service transactions, with the aim of reducing the uncertainties brought about by exchange rate fluctuations and shortening settlement periods.
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Received BNB Chain Retweet, BNB Ecosystem's First TCG RWA Platform Renaiss Protocol Initiates Alpha Testing
November 14th. The official account of the BNB Chain retweeted regarding the launch of Renaiss Protocol. This project stands as the first platform within the BNB ecosystem to standardize physical trading cards authenticated by the internationally recognized organization PSA and integrate them into the TCG RWA model liquidity infrastructure.
Renaiss is currently conducting limited Alpha testing on the BSC. Users have the ability to use the blind box feature to draw institutionally PSA-authenticated and rated physical Pokémon cards. Each card will generate a corresponding ownership certificate NFT, and users can choose to immediately buy back or freely trade on the on-chain marketplace. Additionally, the official Discord community has been opened to offer users the latest activities and educational information.
According to Renaiss's official announcement, the Closed Beta will be launched in mid to late November, accompanied by more data and feature updates.
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