An address dormant for one year bought $5.4 million worth of ETH, with its "bottom-fishing" funds deposited into the wallet three years ago.

According to data from the BIT Stock Platform, pre-market trading in US stocks showed divergence, with most optical communications, Neocloud, and crypto-related stocks declining. The three major stock index futures were mixed: S&P 500 futures rose 0.19%, Nasdaq 100 futures fell 0.02%, and Dow Jones futures gained 0.48%. All optical communications-related stocks declined: Applied Optoelectronics (AAOI) down 1.54%, Lumentum (LITE) down 0.71%, Credo (CRDO) down 0.64%, Coherent (COHR) down 0.41%, Ciena (CIEN) down 0.35%. The entire Neocloud sector declined: AST SpaceMobile (ASTS) down 1.52%, Cipher Mining (CIFR) down 1.32%, Nebius (NBIS) down 0.81%, Astera Labs (ALAB) down 0.77%, IREN down 0.75%, CoreWeave (CRWV) down 0.12%. Semiconductor stocks were mixed: NVIDIA (NVDA) up 1.21%, TSMC (TSM) up 1.19%, ASML up 0.13%, Micron Technology (MU) up 0.02%, while Intel (INTC) down 1.20%, Arm (ARM) down 1.14%, AMD down 0.57%, Marvell Technology (MRVL) down 0.39%, Broadcom (AVGO) down 0.15%. Storage stocks were mixed: SanDisk (SNDK) up 0.20%, Seagate Technology (STX) down 0.75%, Western Digital (WDC) down 0.56%, SK Hynix (SKHY) down 0.45%. Most crypto-related stocks declined: MARA Holdings (MARA) down 1.81%, Strategy (MSTR) down 1.11%, Coinbase (COIN) down 1.01%, Circle (CRCL) down 0.81%, Bitmine (BMNR) down 0.75%, Robinhood (HOOD) down 0.72%, while BNB Standard (BNC) rose 0.42%.

Federal Reserve Governor Christopher Waller said in a recent speech: "The Federal Reserve will need to further tighten policy. U.S. inflation is too high, and September’s inflation data was abysmal. I am particularly concerned that price increases are becoming widespread. Even if October CPI improves from September, I will still support a 25 basis point rate hike in December. If October core CPI rises around 0.3% or higher, the Fed may need to raise rates by 50 basis points in December." (Jin10)

Spot gold dropped more than $20 in the short term, breaking below $4,090 per ounce, with a 1.23% intraday decline. Spot silver fell $0.5 in the short run, logging a 2.00% intraday drop, and is currently trading at $52.35 per ounce.

After Federal Reserve Governor Waller’s remarks, markets have ramped up bets on U.S. interest rate hikes, and are now fully pricing in a 25 basis point (bps) rate increase at the Fed’s December meeting. Waller stated: “Even if October’s CPI improves from September’s, I will still support a 25 bps rate hike in December. If October’s core CPI rises around 0.3% or higher, the Fed may need to raise rates by 50 bps in December.”

Dongcha Beating AI Flash News states that at 8 PM on November 10, Luo Yonghao is set to promote ByteDance’s AI coding tool TRAE in the “Jia You Peng You” live stream. He also plans to develop an application live using TRAE, showcasing how to command AI to write code via everyday speech. Jia You Peng You has also prepared an AI product selector built with TRAE to join the broadcast, claiming the tool costs just 9.9 yuan per month. On November 2, Li Jiaqi sold 100,000 monthly membership cards for Qianwen Office during his Double 11 live stream, with the total corresponding to roughly 2 trillion token credits.

According to HTX market data, Ethereum has dropped below $2100, currently priced at $2095, with an intraday decline of 1.85%.