US Stock Futures Dive Further

On November 15th, Hourglass announced on the X platform that the Stablecoin Deposit Phase 2 has come to an end. Over 10,000 verified wallet addresses have collectively deposited more than $1.1 billion in eligible deposits, setting a new record for the largest and fully verified on-chain deposit plan to date. The specific allocation details (including a $1,000 minimum guarantee) are as follows: The second phase adopted a proportional distribution mechanism based on eligible deposits and set a $1,000 minimum guarantee to ensure that small depositors are not diluted by larger depositors. The first $1,000 of all eligible deposits will receive a 100% allocation, and the excess amount will be distributed proportionally. Based on the approximately $1.1 billion in eligible deposits and a $500 million deployment cap, the final allocation ratio for funds exceeding the $1,000 base amount is approximately 45%, with the remaining approximately 55% designated for refunds. Refunds for all undistrib

On November 15th, based on alternative data, the cryptocurrency fear and greed index today dropped to 10 (compared to 16 yesterday), reaching the lowest point in this bull market cycle. The market is further sinking into an "extreme fear" status and has remained in the "extreme fear" range for a week. Note: The threshold of the fear index is 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trends Analysis (10%).

On November 15th, according to the monitoring of Hyperinsight (accessible via https://t.me/HyperInsight), "Big Brother Whale" Huang Licheng has just increased his long position by 200 ETH. Within the past 8 hours, he has cumulatively augmented his long position by 350 ETH. Currently, his 25x leveraged ETH long position is facing a floating loss of $1.925 million (-195%), with a total position of 7750 ETH, a position size of $24.6 million, an entry average price of $3422, and a liquidation price of $3047. Furthermore, he has currently placed limit orders for a total of 475 ETH at prices ranging from $3188 to $3400 in order to gradually close his long position.

On November 15th, as monitored by Farside Investors, yesterday there was a net outflow of $492 million from the U.S. Bitcoin Spot ETF. This includes: - BlackRock IBIT: -$4.631 billion - Fidelity FBTC: -$2.1 million - WisdomTree BTCW: -$6 million - Grayscale GBTC: -$25.1 million - Grayscale Bitcoin Mini BTC: +$4.2 million

On November 15th. As per Farside Investors, a net outflow of $177.9 million was witnessed in the US Ethereum spot ETF yesterday. The breakdown is as follows: BlackRock ETHA: -$173.3 million Grayscale ETHE: -$4.6 million

On November 15th, the DeFi community YAM posted on X, indicating that they have noticed a concerning signal regarding the Yala stablecoin YU. An address closely associated with Yala has completely borrowed USDC and a large portion of the YU funds from the Yala Frontier market on Euler. Despite the high interest rate, there has been no repayment action. Currently, the market's fund utilization rate has reached 100%, meaning that lenders are unable to withdraw any liquidity. The Euler team has also set the borrowing limit for the Yala market on Frontier to zero. It is reported that the Yala team has not responded to the Euler team and Discord community users. YAM further stated that currently, YU on Solana still maintains a stable exchange rate, and there is nearly a million USDC in the liquidity pool available for exiting at the anchored price. This article mainly serves as a risk warning, and it is still uncertain whether Yala is truly in trouble.