News linked to this event type.
According to an official announcement from Axis Robotics, AXIS experienced a large-scale on-chain sell-off between October 28 and 29. The project stated that the sold tokens originated from ecosystem allocations within the initial circulating supply, rather than from team or investor holdings. The project noted that 835 million AXIS tokens (accounting for 83.5% of the total supply) remain locked in a vesting contract jointly managed with Binance, with no tokens transferred out as of yet, and none are set to unlock over the next 12 months. Suspecting that the over-the-counter (OTC) counterparty responsible for distributing tokens to ecosystem participants breached the lock-up agreement, the project has suspended further cooperation with them and will seek legal remedies. All remaining ecosystem tokens moving forward will be distributed exclusively via an on-chain vesting mechanism.
Odaily reports: Alphabet says demand for its cloud services is growing rapidly, as reflected in the increase in its "backlog" (i.e., cloud service contracts not yet fulfilled). However, more than one-third of that quarterly growth came from a joint venture in which the company holds a stake. This disclosure appeared in a quarterly filing submitted on Thursday. The filing outlines the AI-related risks Alphabet faces, which extend beyond what the company discussed on its earnings call the previous day. In addition to the more than $1 trillion in purchase commitments, future lease payments, and other obligations disclosed by the chief financial officer on the investor call, the filing also lists approximately $98.5 billion in contingent commitments—obligations the company may need to assume under certain conditions. That amount is up about $23 billion from the previous quarter. These commitments include guaranteeing data center lease payments, supporting partners in procuring power equipment, and, under specific circumstances, potentially repurchasing AI chip systems from customers. (Bloomberg)
Odaily Report: According to on-chain analyst Ai Yi's monitoring, after Google's stock price recorded the largest single-day drop in history, an address opened a 20x long position on GOOGL 40 minutes ago. It currently holds 50,000 shares, valued at $14.3 million, with an average entry price of $283.01 and current unrealized profit of $154,000.19 hours ago, this address closed a MU long position, earning a profit of $1.637 million, bringing the account's total profit to over $2.03 million.
Trader Killa posted that despite the market facing multiple bearish factors—including the Fed's hawkish decision, rising oil prices, hotter-than-expected CPI data, surging global bond yields, a stronger dollar, the Ledger wallet hack, and market concerns over Strategy (MSTR)'s delisting risk and its pivot to AI—Bitcoin has still maintained range-bound trading. Given the current macroeconomic pressures and negative news, Bitcoin should have fallen below $70,000, but its resilience is noteworthy. The market may be gradually forming a significant interim bottom, and its ability to hold the price range amid bearish shocks indicates that it is absorbing negative news, which is also a typical characteristic of a bull market.
According to MLM monitoring, of the 3.75 million HYPE sold by an address via OTC last month, 3.125 million were staked to a wallet and delegated to a validator collaborating with Hyperliquid Strategies and Unit. The remaining 625,000 HYPE were transferred to another wallet on HyperEVM. After lying dormant for nearly three weeks, that wallet sent 1 HYPE to a new wallet yesterday as a test. Just about an hour ago, the remaining 625,000 HYPE were fully transferred to that new wallet and cross-chain transferred from HyperEVM to HyperCore.
Odaily reports: According to MLM monitoring, of the 3.75 million HYPE traded over the counter last month, 3.125 million were staked to a single wallet, with validators Hyperliquid Strategies and Unit; the remaining 625,000 were transferred to another wallet on HyperEVM and left idle for nearly three weeks. Yesterday, that wallet sent 1 HYPE to a new wallet; the new wallet received funds the same day through several transfers, with the funds coming from a wallet associated with TradeXYZ's Hyperliquid purchases. Currently, the 625,000 HYPE has been transferred into this new wallet and moved from HyperEVM to Hypercore. MLM speculates that ICE is the buyer of the 3.75 million HYPE, but this has not been confirmed; the 625,000 HYPE may have been transferred to TradeXYZ as part of an ICE investment, and on-chain links suggest this portion of HYPE may belong to TradeXYZ.
according to Lookonchain monitoring, over the past few hours, 5 whales have all opened long positions on HYPE, totaling 597,912 HYPE, valued at $52.7 million.
According to on-chain detective ZachXBT, insiders at Axis Robotics (AXIS) withdrew over 76 million AXIS tokens from a multisig wallet, valued at over $12 million. They subsequently dumped them via a decentralized exchange (DEX) and transferred part of the tokens to Bitget, causing AXIS to drop by approximately 40% over the past 24 hours.
According to an announcement by the UK Financial Conduct Authority (FCA), the FCA has reached a settlement with HTX (formerly Huobi) and obtained a commitment from the UK High Court requiring it not to knowingly directly or indirectly illegally market crypto asset services to UK consumers. HTX has ceased operations in the UK; UK users can no longer make deposits, and new users are unable to register.
Due to an increase in detected cyberattack attempts, Indonesian cryptocurrency exchange Indodax has temporarily suspended user deposits and withdrawals to conduct security assessments and risk mitigation measures. The platform confirmed that all user assets remain secure, with no unauthorized withdrawals or data breaches detected to date. Deposit and withdrawal services will resume once system security is verified, and subsequent updates will be published via official channels.
Vladimir Chistyukhin, First Deputy Governor of the Bank of Russia, stated that the restrictions on the use of non-custodial wallets in Russia's proposed cryptocurrency bill do not apply to international settlements, and non-custodial wallets remain permitted in such scenarios. During the legislative process, the possibility of Russian investors using non-custodial wallets was discussed, and it was ultimately decided not to allow investors to directly use such wallets for investment, in order to reduce anti-money laundering risks and strengthen regulation. Users can still transfer crypto assets from custodial wallets within Russia to custodial wallets in overseas infrastructure, and then transfer them to non-custodial wallets.
Analysts at Yorkville Ives wrote that Microsoft's (MSFT.O) earnings report indicates the company is capable of fully capitalizing on the massive demand in the cloud computing market. Analysts noted that Microsoft Azure revenue surpassed Wall Street expectations, with the cloud computing business being a key driver of Microsoft's stock performance. Prior to the earnings release, the market had already clearly recognized AI-driven demand, but it remains uncertain whether Microsoft can ramp up capacity quickly enough.
Analyst Darkfost stated that Strategy currently holds 848,517 BTC, with an overall average purchase cost of approximately $75,446. Bitcoin’s price has recently reclaimed its 2026 cost basis line of around $78,900, but if accounting for all purchases since 2025 and sales made at the summer lows, the estimated cost remains at approximately $90,600, which is higher than the current BTC price.
Odaily reports, according to Lookonchain monitoring, a certain whale sold 694,300 HYPE over the past 5 days, worth $53.27 million.
Odaily reports: Bitcoin News posted on X platform that Australia's Westpac Bank will impose a monthly cap of AUD 10,000 on customer payments to cryptocurrency exchanges starting December 1. Once the limit is reached, Westpac may decline payments it identifies as being made to crypto exchanges; the cap applies in aggregate across all Westpac accounts through online banking, the Westpac app, and credit and debit card payments, with no exemptions or higher limits. Westpac does not support customers making payments to crypto exchanges at branches, and transfers from exchanges into Westpac accounts are unaffected.Westpac said the move is aimed at combating scams, citing data from Australia's National Anti-Scam Centre that 46% of reported scam losses last year involved cryptocurrency. Customers purchasing more than AUD 10,000 of Bitcoin per month will need to fund the excess through other banks.
according to Lookonchain monitoring, a trader with a 100% win rate (0xe813...6d74) went long on 19,491 ETH with 25x leverage one hour ago, with the position value at $45.34 million and current unrealized profit of $315,000. This trader has completed 5 trades, all of which were profitable, with cumulative profits of $4.6 million.
Odaily reports: According to Odaily monitoring, a certain address's contract account has accumulated profits of approximately $195 million. It increased its SILVER short position by about $7.96 million, with the amount approximately $7.96 million and an average execution price of approximately $52.7033.Address: 0x5b5d51203a0f9079f8aeb098a6523a13f298c060; Total P&L: profit of approximately $195 million
according to on-chain analyst Yu Jin's monitoring, a whale transferred 694,300 HYPE worth $53.26 million to Coinbase over the past 4 days.
According to data released by Trader T (@thepfund), Ethereum spot ETFs recorded a net outflow of $21.38 million yesterday, narrowing from the $60.22 million outflow on October 27. BlackRock ETHA posted a net outflow of $44.8 million, serving as the day's primary outflow source, while Fidelity FETH saw a net inflow of $18.78 million, Grayscale Mini Trust Ethereum recorded a net inflow of $3.62 million, and Morgan Stanley MSSE registered a net inflow of $1.02 million. Net flows for the remaining products, including Grayscale ETHE, BlackRock Staked ETHB, Bitwise ETHW, and VanEck ETHV, were all zero for the day.
According to data released by Trader T (@thepfund), Bitcoin spot ETFs saw a net inflow of $137.32 million yesterday, with BlackRock IBIT recording a net inflow of $136 million, Bitwise BITB a net inflow of $1.32 million, and net flows for other funds such as Fidelity FBTC, Grayscale GBTC, and ARK ARKB all at zero.