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Cryptocurrency Market Pauses Decline and Stabilizes, Some Altcoins Show Significant Rebound

2 hours ago

On November 19, from last night to this morning, the crypto market did not continue to decline along with the U.S. stock market. Bitcoin remained stable at $92,000 and is now trading at $92,536. Ethereum broke through the $3,100 mark. Meanwhile, some altcoins showed significant rebounds. They include: MetaDAO (META) witnessed a 33% increase in the past 24 hours, with a market capitalization of $150 million; NXPC saw a 23.9% increase in the past 24 hours; STRK saw a 19.5% increase in the past 24 hours; FORM saw a 16.4% increase in the past 24 hours; ASTER saw a 14.6% increase in the past 24 hours.
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A PEPE whale, who once made over $36 million in profit, has bought 8.93 million ASTER tokens. The current unrealized gain is over $3.67 million.

On November 19th, as per the monitoring of LookOnChain, the PEPE whale "ThisWillMakeYouLoveAgain", who had previously reaped a profit of more than $36 million, purchased 8.93 million ASTER tokens at an average price of $0.98 per token (valued at $12.42 million). Currently, they have unrealized profits of more than $3.67 million.

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The "Largest ZEC Short" on Hyperliquid Continues to Close Out Positions, Reducing Position Size by Approximately $8 Million

On November 19th, according to Coinbob Hot Address Monitor, within the past 24 hours, the largest ZEC short position on Hyperliquid (0xd47) has been gradually liquidating its ZEC short position by using stop-loss orders. The position size has decreased from $43.2 million to $35.34 million, resulting in a loss of approximately $1.78 million. The current unrealized loss on its ZEC short position is $14.61 million (206%), with an average entry price of $360. This address initiated a short position on ZEC on October 10th at an entry price of around $184 and has been continuously adding to the short position since then. Recently, it has begun to close out a portion of its position through stop-loss orders, and the total nominal value of the account is now approximately $67.86 million.

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Injective: New Round of INJ Community Buyback Launching Tomorrow

On November 19th, Injective declared that they are going to launch a new INJ community buyback the following day.

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STRK surges over 26% in the last 24 hours, currently trading at $0.224

On November 19th, according to HTX market data, STRK witnessed a surge of more than 26% within the past 24 hours and is currently trading at $0.224.

7 minutes ago

Crypto Fear \& Greed Index Rises to 15, Market Still in "Extreme Fear" State

On November 19th, according to Alternative Data, the Crypto Fear and Greed Index for today has increased to 15 (up from 11 yesterday), suggesting that the market sentiment still remains in a state of "extreme fear," with the average of last week being 24. Note: The threshold of the Fear Index is from 0 to 100 and encompasses the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance in the Market (10%) + Google Trends Analysis (10%).

7 minutes ago

「Highly Leveraged WBTC and ETH Whale」 Engaged in Loan Default by Dumping 9,516.8 ETH

On November 19th, as monitored by on-chain analyst Yu Jin, the "Whale Accumulating WBTC and ETH in a Flash Loan-based Circular Loan Manner" reduced its positions from yesterday to early this morning. It sold 9,516.8 ETH to repay 29.36 million USDT, with an average selling price of $3,085. Its debt on Aave decreased from $150 million to $121 million, and the health factor of the position on the verge of liquidation increased from 1.04 to 1.12, temporarily averting danger. The collateral still consists of 1,560 WBTC ($144 million) and 9,000 ETH ($28.04 million). It should be noted that a health factor of 1.12 is not considered safe. If BTC and ETH continue to decline, it will need to keep selling to reduce its position.

7 minutes ago