DWF Head: to Launch $30-75 Million New Fund, Focused on DeFi/CeDeFi Products

November 21st. According to analyst Murphy, during the past half month from November 4th to November 20th, the primary distributing force within the whale group has originated from wallets holding less than 100 BTC. For instance, wallets holding 10 to 100 BTC collectively sold 24,911 BTC. On the contrary, the main accumulating force came from the largest group, namely the super whales holding 10k to 100k BTC, and they collectively acquired 68,030 BTC. This group began continuous distribution after reaching a peak in holding in July of last year. It was not until mid-October of this year when BTC fell below $106,000 that they resumed accumulation. The actions of whales suggest that they believe the current BTC price has reached a certain level of value. However, their accumulation may not immediately prop up the secondary market price. Based on historical data, whale behavior is often a process rather than always buying at the lowest point and selling at the highest point. But in the lo

November 21st. Binance's personal lawyer, Teresa Goody Guillén, stated in an interview on The Pomp Podcast on the 15th that Binance is still encountering restrictions imposed by multiple U.S. agencies like the DOJ and CFTC. Regulatory personnel dispatched by the U.S. Treasury through FinCEN are still overseeing its compliance. Although Binance has withdrawn from the U.S. market and has no U.S. customers. Regarding the relationship between Binance, Trump, and World Liberty Financial, she pointed out that there is no evidence to back up the media's labeling of the financial company as a Trump entity. The issuance of its stablecoin on the BSC is a publicly transparent and normal business practice. She used the analogy of "using Swiss francs to buy wheat does not mean investing or bribing Swiss politicians" to refute the allegation of bribing the president to obtain a pardon.

November 21. According to an official announcement, Binance will list the BOB/USDT perpetual contract on November 21, 2025, at 6:45 PM UTC, with a leverage of up to 20 times.

On November 21st, according to the data from LookOnChain, during the current market downturn, Strategy purchased 649,870 BTC at an average price of $74,433, with a total value of $54.52 billion. The current unrealized gain is $6.15 billion (12.72%). Regarding Forward Industries, which is the largest treasury holder of SOL, it bought 6,834,506 SOL (worth $874.8 million) at an average price of $232.08. Currently, the unrealized loss is $711 million (a 44.85% loss).

November 21st. According to an official announcement, Huobi HTX will commence the "USDD Limited Time Benefit Third Round" special event from 6:00 PM on November 21st to 6:00 PM on December 1st (UTC+8). During this event, users who complete the event registration, open the USDD Yield Wallet, and switch their U-based contract account to Cross Margin mode are eligible to enjoy multiple benefits, such as sharing a $50,000 prize pool and Yield Wallet interest coupons. The event encompasses: 1. Users who register and open the USDD Yield Wallet and achieve a specified cumulative contract trading volume will receive a USDD Yield Wallet interest coupon, with a maximum interest rate of 10% and no limit on the principal amount for interest calculation; 2. Registered users who use USDD as collateral for contract trading for the first time and have a trading volume of not less than 100 USDT will receive a $2 equivalent reward in HTX; 3. Users who use Cross Margin mode for contract trading and have

November 21st. This afternoon, following a sharp market decline, on Polymarket, the probability that "Bitcoin will break below $80,000 in November" has increased to 55%, and at the same time, the probability of "breaking below $75,000" has risen to 21%.