Last week, the leader of the army that caught the bottom of BTC and ETH liquidated positions, resulting in a loss of 7.3 million USD, and then opened another 33 million USD long position on ETH.

On November 18th, as monitored by on-chain data analyst Yu Jin, a group of whales that bought the dip in ETH 8 days ago liquidated today, resulting in a loss of $13.73 million in a week. It is reported that this group purchased 22,880 ETH at a price of $3,570 on November 10th (approximately $81.68 million), and sold all of it 5 hours ago for $67.95 million. The average selling price was $2,970, with a per-ETH loss of $600. The USDT of this whale group was mostly withdrawn last year from Binance, Mexc, HTX, and other exchanges through multiple addresses. Then, it bought ETH at the dip 8 days ago and consolidated it into 4 addresses for sale today.

On November 18th, according to the monitoring of GMGN (accessible via https://t.me/gmgnaibot?start=i_m4TE56o8), although funds are continuously flowing out on the BSC chain, popular meme coins like "Hakimi," "4," and "Giggle" still maintain a generally unrealized profit of 4 to 10 times for large holders (TOP 10). The majority of the TOP 10 holding addresses of meme coins account for more than 50%. However, only "Binance Life" has seen its current price fall below the TOP 10 holding average price of $0.151 and is currently trading at $0.138. At the same time, the average cost of the top hundred addresses holding the coin is around $0.147, indicating that the vast majority of addresses still holding the coin are currently in a loss position.

On November 18th, Cryptoquant analyst Axel posted on social media, indicating that the current stock market volatility is increasing in tandem with the rate/credit market volatility, suggesting that the market is transitioning to a risk-off mode. In such an environment, funds and institutional investors are beginning to significantly decrease their portfolio risk exposure. The price of gold has been on a four-day consecutive decline and is currently retreating to the $4,033 level. Investors are closely observing several U.S. economic data releases that are scheduled for this week. The key driving force will be the Federal Reserve meeting minutes, which are set to be released at 3 a.m. on Thursday (Beijing time). This will not only provide forward guidance on the interest rate path but also help the market assess the short-term trajectory of monetary policy. In addition, the artificial intelligence sector is adding more pressure to the market. Before Nvidia's third-quarter earnings r

On November 18th, as per Coindesk, Mastercard has selected Polygon to establish a new encrypted transfer system. This system enables cryptocurrency transfers by using a readable username rather than complex wallet addresses. According to a press release from Mastercard, its "Cryptographic Proof" technology has standardized blockchain address verification. It achieves this by creating human-readable aliases for verified users. The encrypted payment API company Mercuryo will be in charge of identity verification and alias issuance, allowing users to bind these aliases to their self-hosted wallets. This model emulates the operation logic of applications that utilize usernames instead of bank account information for transfers. In such applications, the system assigns a unique name that can be linked to a wallet for users. Users can also apply to generate credential tokens on Polygon, indicating support for wallet verification during transfers and assisting applications in completing cred

On November 18th, Chris Li, the founder of Liquid Capital (formerly LD Capital), posted on social media: "In the first half of the year, I began to buy the dip at $1800, and it finally dropped to $1350. I advocated buying the dip around $1450, and I sold out around $4500 to take profits. Later, the price rose to $4700. No one can perfectly buy the lowest dip and sell at the highest peak. This time, I suggest buying the spot at $3000 - $3300 and not using contracts. The situation is still uncertain. In these few days, there were changes in Japan's interest rate hike, the U.S. interest rate cut, the AI bubble, and the U.S. economy, resulting in a stock market decline, causing ETH to briefly drop below $3000. However, we hold our spot position. Once again, I remind everyone that the spot market in the cryptocurrency circle is volatile enough. Non-professional players should not participate in futures trading. After observing these days, as the U.S. stock market continues to decline, crypt

On November 18th, as monitored by on-chain data analyst Yu Jin, a whale address withdrew 20,726 ETH (approximately $62.5 million) from OKX and other exchanges within the past 2 hours, with an average withdrawal price of $3,015. Previously, in October, it sold 10,000 ETH (approximately $38.96 million) at a price of $3,896 through OKX and other exchanges.