A Whale Long Position with 3x Leverage on over 170 million MON Tokens, Currently Realizing a Floating Profit of $654,000

November 25th. As per an official announcement, commencing from November 26, 2025, at 16:00 (UTC+8), the transaction fees on the Binance App will be determined according to the token category involved in each transaction. - For designated stablecoins, native tokens of mainstream blockchains, and Alpha token trading pairs on the App, the fee will remain at 0%. - For other token trading pairs, the fee will return to the standard rate of 0.5%. The latest Binance Wallet commission policy will be applied, and invitees are eligible for up to 30% cashback, reducing the fee to as low as 0.35%.

On November 25th, Galaxy Research released a research report indicating that in the third quarter of 2025, cryptocurrency venture capital activity reached $45.9 billion, which is the second-highest level since the third quarter of 2022. The transaction count remained unchanged compared to the previous period. It is worth noting that although the investment amount has increased, it is also relatively concentrated, with 7 transactions accounting for half of the total investment. Moreover, nearly 60% of the investment capital flowed into late-stage companies, marking the second-highest level since the first quarter of 2021. The only quarter in more than four years with a higher figure was the first quarter of 2025, mainly due to MGX's $2 billion investment in Binance. It is obvious from the venture capital fundraising data that there is a decline in investor interest. In the third quarter of 2025, 16 new funds raised a total of $31.6 billion, but this was mainly driven by two large exch

On November 25th, the United States and Ukraine just reached a preliminary agreement on the "19-Point Peace Plan." However, the Kremlin has not yet received the official document. Nevertheless, Russian missiles have already arrived over Kyiv as a direct demonstration. This hybrid strike targeted the capital's energy and civilian infrastructure, with multiple explosions continuously echoing. The Kyiv city government has initiated water and electricity rationing, symbolizing Russia's attempt to compress negotiation space through battlefield actions. From a diplomatic rhythm perspective, Trump had previously expressed optimism about the ceasefire prospects and hinted at a major breakthrough in the Geneva talks. However, the Russian military's attack that night seemed more like an immediate veto of the "revised plan." Moscow had previously criticized the new version of the document as "unacceptable," and its core disputes regarding territory and NATO arrangements are still being postponed

On November 25th, based on the monitoring of @mlmabc, a large short-selling HYPE whale encountered partial liquidation. This mysterious whale increased its short position by approximately 700,000 HYPE tokens ($22.2 million), raising its liquidation range to the $33.37 - $33.57 range, which is only about 5% higher than the current price. As of the time of this writing, this address is still adding to its position. Currently, it holds a short position of 2.1 million HYPE tokens ($67.1 million) with a $6.9 million margin. This whale initiated a large short position on HYPE yesterday (with a position value of $51.65 million) and was partially liquidated 8 hours ago. The address is linked to a wallet holding SOL and ETH with the domain name "okwan" and is related to the Solana ecosystem token WOULD.

On November 25th, according to the information on the SEC website, Vaneck submitted an updated S-1 filing for its BNB spot ETF on November 21st. The trading code of the ETF is set as VBNB. It is important to note that submitting an updated S-1 filing (usually marked as S-1/A, that is, S-1 Amendment) is a very significant positive signal in the ETF approval process. The issuer will only submit an S-1/A to respond to and make amendments after receiving the SEC's formal comment letter.