ZEC Breaks $700 Mark Temporarily, 24-hour Gain Reaches 15.38%

On November 20th, as monitored by Onchain Lens, a long ETH position on the second-largest loss address on HyperLiquid was partially liquidated during the market downturn this morning. This led to a loss of $4.07 million for its ETH (6x) leverage position. This whale still holds its position and is currently facing an unrealized loss of more than $6 million.

On November 20th, Li Huayi, the founder of Liquid Capital (formerly LD Capital), posted on social media, stating: "After the release of Nvidia's financial report and Google's Gemini3, the short-term risk of the US stock market and the AI bubble has been mitigated. I still anticipate the start of liquidity injection in December. Coupled with the continuous bullish news in the crypto industry, central banks of countries such as the Czech Republic and Luxembourg have begun to make purchases, and Japan's Financial Services Agency has reduced the cryptocurrency tax from 50% to 20%." "In the next 5 years, Bitcoin will reach one million US dollars. Ethereum will expand by more than ten times with the expansion of stablecoins. And continuous optimism will be maintained with the large-scale deployment of financial applications. The most fearful moment is often the most optimistic. At the same time, spot strategies control risks, and the greater the storm, the higher the price of fish."

On November 20th, the co-founder of Bankless, @RyanSAdams, presented a clip of his interview with Vitalik on X. During the interview, the host asked, "How do you perceive Ethereum's connection with Wall Street?" Vitalik responded by saying, "Regarding Wall Street, I consider them as users. In Ethereum, we are 'pro-users.'" Yesterday, in a speech, Vitalik issued a warning, stating that if institutional ETH holdings continue to increase, Ethereum will face two significant threats (developer outflow and pressured technical roadmap).

On November 20th, as monitored by LookOnChain, within the past 6 hours, the newly established wallet '3AXFhi' received 1300 BTC from BitGo, which is valued at $120.6 million.

On November 20th, according to HTX market data, Bitcoin reached $93,000. It is currently trading at $93,051, showing a daily increase of 3.46%.

A whale “0xcc89” holding over $2M in assets spent 82K $USDC to buy 998,251 $EDEL today. This whale has also made over $5.6M trading on Hyperliquid.