Long BTC with 20x leverage at an address, currently holding 200.03 BTC.

November 16th. According to Caixin's report, from 2014 to 2017, Qian Zhimin launched ten "zero-risk, high-return" "financial products" such as "Blue Sky Fund I," "Blue Sky Fund II," and "Yield with Coin" under the name of Blue Sky Ge Rui. By holding promotion activities and developing downlines in a "pyramid scheme"-like manner, he enticed the public to invest with high interest rates. In approximately four years, the cumulative non-repayable amount reached more than 40 billion RMB, affecting nearly 130,000 people. Among these funds, 34 billion RMB was used to redeem the returns of early products, and tens of billions were siphoned off for Qian Zhimin and his co-conspirators' use. A significant amount was used by Qian Zhimin to purchase cryptocurrency. From a UK court, it was learned that in June 2014, Qian Zhimin instructed his "front person" to open an account for him on the cryptocurrency exchange platform Huobi using investor funds and mobilized 180 million RMB to purchase 100,250

On November 16th, as per the monitoring of Onchain Lens, a whale transferred 2,450 ETH from Binance within the past hour. This amount is approximately worth $7.91 million. Two days prior to this, the same whale had accumulated and then withdrawn 2,560 ETH, which was approximately worth $7.96 million.

On November 16th, according to the monitoring of LookOnChain, within the past 2 hours, Whale 0x8d0E initiated a 20x long position and purchased 300 BTC (with a value of $28.7 million) at a liquidation price of $60,424.6.
This "Whale" had previously suffered a loss of $6.35 million on the Hyperliquid platform.

On November 16th, Binance Wallet made an announcement that users who hold at least 245 Alpha tokens are eligible to claim an airdrop at 21:00 UTC today. The tokens will be distributed on a first-come, first-served basis until the airdrop pool is exhausted or the event comes to an end. Further details will be provided later.

On November 16th, based on Strategic SOL Reserve data, the SOL Treasury Corporation and ETF together hold 24.201 million SOL, with an approximate value of $3.44 billion.

On November 16th, according to Coinglass data, the year-to-date return rate of Bitcoin in November is currently -12.39%. In contrast, the historical average return rate is +42.49%. As was previously reported, on November 1st, since 2013, Bitcoin has had an average November return rate of +42.49%, with a median November return rate of +8.81%. Among the past 12 years, there were 8 gains and 4 losses in November.