Roundup of USDT and USDC Yields on Major Centralized Exchanges (CEX): Binance Leads With 11.64% for Small-Tier USDT Yields

BTCS, the sixth-largest Ethereum treasury firm, disclosed in its latest quarterly report that it sold ETH at a price below its original cost to proactively manage the collateral level and health factor of its Aave borrowings. The company did not specify the amount of ETH sold, nor break down the size of the realized losses. As of November 9, BTCS had approximately $64.1 million in outstanding borrowings (including accrued interest) on the Aave lending protocol, backed by roughly 46,676 ETH. Based on that day's closing price of $2,127 per ETH, the fair value of the collateral was around $99.3 million, equivalent to about 155% of the outstanding debt. Aave's liquidation threshold for ETH collateral is typically 80%. Calculated from the above loan and collateral scale, the health factor at that time was approximately 1.24; if the position remained unchanged, a liquidation would be triggered when ETH's price fell to around $1,717. The loan balance and collateral value fluctuate with lending activities, accrued interest, and token prices, and the position may have changed after November 9. As of September 30, BTCS held about $463,000 in cash, and the vast majority of its fair-value-measured digital assets had been deposited as collateral on Aave, which cannot be freely used for general corporate purposes during the loan term. BTCS stated that as of November 11, no full or partial liquidation had occurred. Between January 1, 2025 and November 11, 2026, BTCS borrowed a total of approximately $152.4 million in stablecoins (primarily USDT and Aave's dollar stablecoin GHO) on Aave using ETH as collateral, and repaid about $89.4 million during the same period.

Binance co-founder He Yi took to X to post: "I wear a leather jacket. I don't agree." The post was in response to an opinion piece recently published by the Chinese edition of The New York Times, clarifying that she also wears leather jackets and rejects the claim linking leather jackets to Jensen Huang's recent controversy. On November 12, the Chinese NYT published a commentary titled "Jensen Huang Shames Leather Jacket Enthusiasts," which mocked Huang's iconic black leather jacket. The article noted that it is already irksome enough for a billionaire to dress like a rebel, adding "a man's physical missteps should not tarnish our second skin," and questioned: "Has an expensive leather jacket now become a sign that middle-aged men have fallen into a honey trap?" Many readers were offended by the NYT's choice to focus on the leather jacket in a controversy involving extramarital affairs, national security, and corporate governance, viewing it as a mockery and personal attack that strayed from the core issues.

Billionaire investor and NVIDIA shareholder Leo KoGuan has voiced his support for Jensen Huang, noting he will not add to his stake in the chipmaker if its leadership changes. "Without Jensen Huang, I will not invest," KoGuan said, disclosing he has allocated roughly $1.3 billion to NVIDIA. KoGuan previously took to X to post a series of messages, hailing Huang as the "Supreme Creator", and acknowledged the executive has made missteps, but argued "we must prioritize rewarding" rather than "punishing" him. KoGuan began investing in NVIDIA in March this year, a notable shift for the investor who has long concentrated his net worth in a single stock: Tesla. KoGuan’s exact shareholding in NVIDIA cannot be independently confirmed as of now.

According to monitoring from EmberCN, a large crypto whale has just added to its Ethereum (ETH) position, purchasing $20 million worth of the asset to lower its average cost basis. Two months ago, the whale spent $40 million USDC to buy 15,118 ETH at an average price of $2,646 per token. One hour ago, it allocated an additional $20 million USDC to acquire 10,380 ETH at $1,927 per token. In total, the whale has spent $60 million to accumulate 25,498 ETH, resulting in an average entry price of $2,353 per ETH, with an unrealized loss of $10.48 million.

A whale just dumped 16,700 $ETH ($31M) in a single trade at $1,852.45. A month ago, the whale FOMO-bought 8,631 $ETH ($23.7M) at $2,749. Classic buy high, sell low!

Well-known trader "Aoying" posted that Bitcoin has entered the dip-buying range of $68,000 to $66,000, and he has fully built up his core position.