NIL's price briefly plunged over 65% today, reducing its market capitalization to $30 million.
On November 20th, according to HTX market information, NIL witnessed a decline of more than 65% today. It reached a low of $0.085 and is currently trading at $0.11. It has suffered a 24-hour loss of 50.2% and has a market capitalization of $30 million.
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Opinion: Vitalik's Influence to Weaken as Institutions Hold More ETH, Ethereum Could Become More "Wall Streetfied"
On November 20th, according to Arkham Data, the co-founder of Ethereum, Vitalik Buterin, currently holds approximately 244,000 ETH (including AETHWETH), which is worth about 7.4 billion US dollars. He ranks second in individual ETH holdings, only second to Ethereum ICO investor Rain Lohmus, who holds as much as 250,000 ETH. However, his ranking is facing a double challenge from cryptocurrency treasury (DAT) companies and spot ETFs.
The three largest Ethereum cryptocurrency treasury (DAT) companies have surpassed Vitalik. Bitmine holds 3.56 million ETH, SharpLink holds 869,000 ETH, and The Ether Machine holds 496,000 ETH. Regarding spot ETFs, BlackRock holds about 3.94 million ETH, accounting for approximately 3.27% of the total supply. Fidelity and Grayscale's spot ETH are also steadily increasing.
The community has begun to worry that Vitalik's influence may be weakened due to the decrease in his holdings. Since the founder's governance influence is crucial for the future developmen
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ZachXBT: GANA Payment Hacked, Loss Exceeds $3.1 Million
On November 20th, on-chain detective ZachXBT disclosed in his personal channel that the GANA Payment project experienced a hack on the BNB Chain, and the loss amount exceeded $3.1 million.
The attacker has already utilized Tornado Cash to mix 1140 BNB (approximately $1.04 million) and transferred some of the funds across chains to the Ethereum network. Among them, 346.8 ETH (about $1.05 million) was deposited into Ethereum's Tornado Cash, while approximately 346 ETH (valued at $1.046 million) is still idle in an Ethereum address, waiting for further transfer.
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「CZ's Countertrade」 Whale's ETH Long Position Faces $12M Unrealized Loss, Now the Largest Long on Hyperliquid
On November 20th, as per the monitoring of
HyperInsight, the previously reported "CZ Whalemaker" whale (0x9ee) currently has an unrealized loss of around $11.98 million (98%) on its long position in ETH. The position size is approximately $184 million, with an average price of $3219 and a liquidation price of $2453. Additionally, it also holds long positions in XRP with a position size of approximately $94.31 million, an average price of $2.29, and an unrealized loss of $7.3 million (77%).
This address had purchased ASTER on November 2nd following CZ and further added a large short position with 3x leverage, becoming the largest short holder of ASTER at that time. However, the whale had already closed its short position in ASTER with a position size of $44 million and broke even on the 17th and has now shifted to long trades in ETH and is currently the largest long position holder of ETH and XRP on Hyperliquid.
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Doppel Completes $70 Million Series C Funding Round, Led by Bessemer Venture Partners
On November 20th, the AI-driven brand protection platform Doppel completed a $70 million Series C financing. The financing was led by Bessemer Venture Partners and participated in by a16z, South Park Commons, Script Capital, 9Yards Capital, Sozo Ventures, Strategic Cyber Ventures, CrowdStrike CEO George Kurtz, NTT DOCOMO Ventures, Aurum Partners, and WNBA players Nneka Ogwumike, Breanna Stewart, and Kelsey Plum, among others.
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ZORA Breaks $0.06, Up 18.9% in the Last 24 Hours
On November 20th, based on HTX market information, ZORA surged past $0.06 and is currently trading at $0.058, experiencing a 24-hour increase of 18.9% and having a current market capitalization of $5.8 billion.
This morning, Jesse Pollak, a co-founder of Base, announced the upcoming launch of the jesse token, which is scheduled to take place at 9:00 AM Pacific Standard Time on November 20th (1:00 AM on November 21st Beijing Time). The jesse token will be released from his Base App account jesse.base.eth. Jesse Pollak cautioned that before and after the launch, many people are likely to attempt to impersonate him and the jesse token. He will directly share all updates regarding the jesse token on X and the Base App, so users should be cautious of any content from non-direct sources.
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