「Pal」 Increases Leverage on ETH Long Position by 25x to $24.76M

On November 15th, OKX CEO Star announced on social media that "Anyone who can provide solid evidence demonstrating the existence of a backdoor in the OKX Wallet, the OKX Wallet team will offer a reward of 10 BTC. Security and transparency are of great importance, and community review is welcome."

November 15th. As the relief resulting from the historic conclusion of the U.S. government shutdown gradually fades away, along with the looming concerns regarding a large amount of economic data that is about to sweep the market and whether the Fed can smoothly cut interest rates in December, the cautious sentiment on Wall Street took the lead this week. Next, the gradual return of U.S. economic data is likely to increase market volatility. Here are the key points that the market will focus on in the new week (all Beijing time): Tuesday 02:00: 2026 FOMC Voter and Minneapolis Fed President Kashkari will hold a fireside chat; Thursday 03:00: The Fed will release the minutes of the monetary policy meeting, and FOMC Permanent Voter and New York Fed President Williams will give a speech; Friday 02:40: 2025 FOMC Voter and Chicago Fed President Evans will give a speech; Friday 05:30: 2026 FOMC Voter and Philadelphia Fed President Harker will give a speech on the economic outlook; Friday

On November 14th, Tether is witnessing a rapid increase in its gold reserves at an astonishing rate. The latest quarterly data indicates that its gold holdings have reached $12.9 billion, with a surge of more than $7.6 billion since the end of 2024. This is equivalent to adding over one ton of gold per week, and the growth rate even exceeds that of most sovereign central banks. Meanwhile, Tether has also obtained concessions for gold mines, onboarded top precious metals traders, and is constructing a complete gold industry chain layout ranging from mining to trading. BiyaPay analysts pointed out that Tether's strategy is fundamentally to establish a composite reserve system of "US Treasury interest + gold and Bitcoin appreciation." By hedging the dollar's cyclical fluctuations with gold and strengthening the long-term credit endorsement of USDT, this model makes Tether more similar to a "borderless central bank." Moreover, gold also becomes a significant source of its profits. Investo

On November 15th, the founder of Strategy, Michael Saylor, posted on social media and said, "This week we have been purchasing Bitcoin on a daily basis."

On November 15th, as per a filing submitted to the U.S. Securities and Exchange Commission (SEC), Founders Fund, the venture capital firm headed by billionaire and prominent Silicon Valley investor Peter Thiel, has divested half of its ownership in Bitmine. Presently, it possesses 2,547,001 shares of the company. Previously, reports showed that Peter Thiel's Founders Fund Growth II Management disclosed that as of July 8th, it held a 9.1% stake in BitMine Immersion Technologies.

On November 15th, according to the monitoring of HyperInsight (accessible via https://t.me/HyperInsight), the largest short position on ZEC in Hyperliquid has just reduced its position by $1.01 million in a 5x leveraged short of ZEC. Currently, it has an unrealized loss of $18.45 million. The entry price was $360.077 per coin, and the liquidation price is $973.4.