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7 Siblings Buy Another 9,766 $ETH ($18.88M) at $1,933

60 minutes ago

7 Siblings bought the $ETH dip again, buying another 9,766 $ETH ($18.88M) at $1,933 9 hours ago.

https://arkm.com/explorer/address/0x9d6C8A347CAC83811A107f0dC749f31d21F76f75
https://x.com/lookonchain/status/2120333904259559659

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DI completes new financing round at $100 million valuation, with OKX Ventures among the investors.

Decentralized intelligence project DI has announced the completion of its latest financing round, with a valuation of $100 million. The specific amount raised was not disclosed, and investors include OKX Ventures, Lingfeng, DraperDragon, W3 Storage Lab, DepinX, Central Pinnacle Technology Limited, and several individual investors. DI stated that the project is committed to building a user-owned AI financial agent network targeting the U.S. stock and crypto markets, which helps users explore investment insights, verify market hypotheses, and analyze market dynamics. Its first product, Event Engine, is set to launch soon, and will analyze market events through multiple professional AI agents, presenting the consensus, disagreements, and underlying reasons among different agents.

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The Big Short's Michael Burry ramps up short positions on Nasdaq and semiconductor stocks, warning the AI boom risks falling into a "bull trap".

"Big Short" investor Michael Burry doubled his put option positions on the Nasdaq 100 index on November 12, when the index rebounded to near 27,000 points, and re-established put option positions on the VanEck Semiconductor ETF, with the options set to expire in early 2027. Burry compared the Nasdaq 100's recent peak hit on October 6 to the top of the 2000 dot-com bubble, arguing the current AI boom may be forming a new "bull trap", and predicted chip stocks and the tech sector will see a significant correction before mid-2027. In response to NVIDIA CEO Jensen Huang's departure, Burry advised investors to "exit", noting the leadership change could hit NVIDIA's profit margins and growth prospects, and spill over to the entire AI infrastructure supply chain. He also named NVIDIA key clients CoreWeave, Nebius, and chip foundry TSMC, saying these firms could face knock-on impacts. BlockBeats reported yesterday that Michael Burry disclosed his latest portfolio adjustments via his Substack account, showing he recently added to positions in PayPal (PYPL), MercadoLibre (MELI), Sprouts Farmers Market (SFM), Adobe (ADBE), JD.com (JD) and Ero Copper (ERO), while re-buying Lululemon (LULU), indicating he continues to adjust his stock portfolio.

18 minutes ago

Donald Trump is reportedly planning to bring Elon Musk on his upcoming Asia visit next week, while avoiding any mention of NVIDIA and Jensen Huang.

According to the Associated Press, U.S. President Donald Trump plans to bring Elon Musk along on his upcoming Asia trip next week. Anonymous government officials revealed that Musk, the head of SpaceX and Tesla, holds significant interests in economic and national security, making him a valuable advisor to Trump. Officials also disclosed that Trump does not intend to mention the Jensen Huang-related incident, and the U.S. government believes the Nvidia incident will have no impact on this visit. Trump is scheduled to arrive in the Philippines next Tuesday to meet with leaders of ASEAN member states. During his stay in Manila, he plans to sign a trade agreement with Thailand and hold a meeting with the Quad (Quadrilateral Security Dialogue) group, which consists of the United States, India, Australia, and Japan.

18 minutes ago

Pump.fun transferred another 64,666 SOL to Kraken, bringing its total SOL sales to 5.618 million.

According to Lookonchain monitoring, Pump.fun transferred 64,666 SOL tokens to Kraken roughly 7 hours ago, valued at approximately $5.19 million, indicating it may conduct another SOL sale. Pump.fun has previously sold a total of 5,618,499 SOL tokens, with a total value of around $887.6 million, at an average selling price of roughly $158.

18 minutes ago

Erik Voorhees spent 4.75 million USDT to acquire 2,504 ETH at an average price of $1,896.

According to Lookonchain's monitoring, Erik Voorhees, an early Bitcoin supporter and founder of ShapeShift, spent 4.75 million USDT to purchase 2,504 ETH in the past hour at an average price of approximately $1,896.

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U.S. spot Bitcoin ETFs recorded a net outflow of $185.4 million yesterday, extending their streak of large net outflows to seven consecutive trading days.

According to Farside's monitoring, US spot Bitcoin ETFs saw a net outflow of $185.4 million yesterday, marking the seventh consecutive trading day of large net outflows.

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