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  • 09:53
    Data: A certain whale opened a 20x Bitcoin long position worth approximately $19.22 million
    According to ChainCatcher, on-chain analyst Ai Aunt (@ai_9684xtpa) has monitored that address 0x8d0...59244 opened a 20x long position on bitcoin 45 minutes ago and is currently holding 200.03 BTC, worth approximately $19.22 million. The opening price for this address was $95,977.3, and it currently has an unrealized profit of $21,000.
  • 09:34
    Yala: We have noticed the community's concerns regarding the stablecoin YU and are actively investigating.
    BlockBeats News, November 16, the stablecoin protocol Yala stated that it has noticed recent concerns from the community and is actively investigating. More updates will be released soon. Yesterday, the DeFi community YAM posted that Yala's stablecoin YU is experiencing suspicious activity similar to USDX, with related addresses borrowing USDC at extremely high interest rates but never repaying. An address closely related to Yala is borrowing the full amount of USDC and most of the YU funds from the Yala Frontier market on Euler, and despite persistently high interest rates, there has been no repayment. Currently, the market's capital utilization rate has reached 100%, which means lenders cannot withdraw any liquidity. The Euler team has also set the borrowing cap for the Yala market on Frontier to zero. YAM added that YU is still maintaining its peg on Solana, and there is still nearly one million USDC in its liquidity pool available for exit at the pegged price. This article serves mainly as a risk warning, and it is not yet certain whether Yala is truly in trouble.
  • 09:34
    Founder of Equation: Increased BTC holdings today as a long-term investment, the market has fallen into excessive panic
    BlockBeats News, November 16, Formula News founder Vida posted on his personal channel that today he increased his holdings of some BTC as a long-term investment, and also increased his holdings of a small-cap Meme coin for short-term speculation over a few months. The total expenditure is equivalent to 0.7% of his personal net worth, which is just a casual operation, and the eventual profit or loss will be limited. Personally, I am currently optimistic about the performance of the crypto market in the coming months because: As I have analyzed, even if the US stock market falls, it won't be too severe. The sharp decline in the crypto market is somewhat overly panicked; BTC is currently on the support of the 1-week supertrend indicator, which is probably the most effective support in this bull market cycle; The sentiment in the altcoin market is somewhat excessively panicked, and buying during times of excessive panic tends to have a higher win rate. Of course, the best buying opportunity in the world would be to wait for Strategy or Bitmine to be liquidated, but for now, it seems unlikely that this will happen within a year.
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