News linked to both this project and an event.
Hyperliquid's two most profitable traders this month collectively hold approximately $1.06 billion in short positions, spanning crypto assets, precious metals, and meme coins. As of November 2 at 4:40 AM, the top-ranked account holds short positions across 22 markets worth $617.5 million, with overall leverage of approximately 4.7x.The account's largest short is $224.5 million in Ethereum, along with $182.1 million in Bitcoin shorts; its HYPE short is worth $43.1 million with an unrealized loss of $8.34 million. The account has profited approximately $99.1 million this month and continued to add roughly $700,000 in HYPE shorts between 4:08 AM and 4:40 AM.The second-ranked trader holds 30 positions with total short value of approximately $439.4 million, including $142.7 million in Bitcoin shorts; their HYPE short has an unrealized loss of approximately $10.7 million. Both traders' monthly profits rank at the top of Hyperliquid's trader leaderboard. (Bitcoin.com News)
Scroll officially announced that users can check their token and DeFi positions through the position query tool to prepare for the upcoming network transition. The official bridge will continue to support transfers between Scroll and Ethereum. Users need to individually close or manage their DeFi positions before the transition, and all withdrawals must be signed by the user's own wallet. The transition date has not yet been finalized, and the team will announce more details as soon as possible.
according to Lookonchain monitoring, a whale spent $62.97 million in the past 5 hours to buy 27,553 ETH, with an average purchase price of $2,286.
Odaily reports: According to monitoring by on-chain analyst Yu Jin, the hacker who stole approximately $22 million in assets from the Pando Rings project 4 years ago spent 16.98 million DAI to buy 7,548 ETH at an average price of $2,249, following the market downturn triggered by the Binance hack 3 days ago. 2 hours ago, the hacker transferred 4,000 ETH (worth $9.22 million) through Tornado.
According to on-chain analyst Auntie Ai (@ai_9684xtpa), an address linked to Kanye suspected of maintaining a leveraged long position on ETH appears to have increased its exposure. Following the disclosure of the Binance hack on October 30, the address sold 1,390 ETH in tranches to mitigate liquidation risk, at an average price of approximately $2,275.6 per ETH, totaling approximately $3.163 million, incurring a loss of approximately $317,000. After Binance resumed large-scale withdrawals today, the address withdrew another 2,074 ETH from the exchange, valued at approximately $4.7 million.
Data from Farside Investors shows that U.S. Ethereum spot ETFs recorded net outflows for each of the last five trading days, totaling approximately $431 million.
Odaily reports: According to on-chain analyst Ai Yi's monitoring, Patricio Worthalter sold 2,000 ETH on-chain, converting them into $4.53 million USDC at an average price of $2,269, and then transferred the USDC to the wallet address 0x95A…C2C7f previously tagged as an ICO ancient whale.
according to monitoring by on-chain analyst Yu Jin, 10 minutes ago, a certain address used 34.69 million USDC to buy 15,216 ETH on-chain, with an average purchase price of approximately $2,279. The USDC used by this address was withdrawn from the Kraken exchange this morning.
THORChain posted on X stating that on October 31, a single-block reorg occurred on Ethereum, causing THORChain to erroneously pay out 10 ETH that had never actually been received. The automatic solvency check mechanism was immediately triggered, pausing ETH swaps. Within approximately two minutes, node operators further paused ETH transaction signing to prevent continued outflow of funds. As a precautionary measure, nodes subsequently paused transactions on all related chains to allow the core development team to investigate. Currently, the user has voluntarily returned the 10 ETH, and the treasury has regained solvency.Earlier reports indicated that the Ethereum reorg caused THORChain to pause, inadvertently delaying the money laundering of stolen Binance funds.
Binance has resumed withdrawals of ARB, ETH, USDT, and USDC on the Arbitrum network, and TRX and USDT on the TRX network.
according to an official announcement, Binance has resumed DOGE withdrawals on the DOGE network, as well as ETH, USDT, and USDC withdrawals on the OP (Optimism) network.Previously, Binance had already resumed withdrawal services for the Bitcoin network, USDC, USDT, and ETH on the Ethereum network, USDC, USDT, and BNB on BNB Smart Chain (BSC), XRP on the XRP network, as well as ETH and USDC on the Base network.
Binance has resumed XRP withdrawals on the XRP network, as well as ETH and USDC withdrawals on the Base network, and will continue to progressively resume withdrawals for additional assets and networks in phases.
Binance has resumed withdrawals for USDC, USDT, and ETH on the Ethereum network, and USDC, USDT, and BNB on the BSC network.
According to an official announcement from OnePay, OnePay has partnered with Stripe to launch a stablecoin deposit feature, initially available to select users in the United States. It allows users to directly transfer USDC from external wallets or exchanges into their OnePay Checking accounts, where it will be automatically converted into U.S. dollars. The service supports 12 blockchain networks, including Tempo, Base, Solana, and Ethereum, and waives conversion fees during its initial launch period.
According to Lookonchain monitoring, the Binance hacker sold over 130 altcoins on EVM chains alone, obtaining 123,400 ETH (worth $277.26 million) and $1.69 million USDC, totaling $279 million.
Odaily reports: According to an official announcement from Binance, Binance has resumed withdrawals in phases, with the first batch being the Bitcoin network.Previously, Binance published a security incident recovery progress announcement stating that it planned to restore the first phase of withdrawal services between 14:00 and 17:00 (UTC+8) on November 1.The first batch supports networks and assets including BTC, ETH, BNB, TRX, SOL, XRP, ZEC, DOGE, TON, POL, AVAX, ARB, BASE, OP, and SUI. Additionally, Binance stated that there may be brief delays initially due to traffic, and other networks and assets will be opened successively once ready; deposit services remain open.
Binance has published a security incident recovery progress announcement, stating that it plans to resume phase one withdrawal services between 14:00 and 17:00 (UTC+8) on November 1.The first batch supports networks and assets including BTC, ETH, BNB, TRX, SOL, XRP, ZEC, DOGE, TON, POL, AVAX, ARB, BASE, OP, and SUI. In addition, Binance noted that there may be brief delays initially due to traffic, and other networks and assets will be opened successively once ready; deposit services remain open.
According to Glassnode data, US spot Ethereum ETFs have experienced net outflows for 23 consecutive trading days, setting a record for the longest consecutive net outflow streak since the products were launched.
Bitwise's Q4 staking report shows that Ethereum staking reached 43.8 million ETH, accounting for 35.9% of total supply and hitting an all-time high; net staking inflows in Q3 were 1.99 million ETH, marking six consecutive quarters of net inflows. Solana's active staking increased to 440.5 million SOL. In Q3, Ethereum's average annualized staking yield fell from 2.81% in Q2 to 2.63%, with 96.3% coming from ETH issuance; Solana's gross staking yield dropped from 6.38% to about 6%, with nearly 90% coming from token issuance. The above yields are not net of service provider fees and are not equivalent to the actual yields received by customers.Coinbase stated that staking ETFs and digital asset treasuries are broadening participation channels. Kean Gilbert, head of institutional relations at the Lido Ecosystem Foundation, said that after custodians support staking, institutions can participate through existing custody relationships, and the focus of discussions has shifted to implementation issues such as validator decentralization, code audits, and the proportion of fund staking. Since ETH unstaking may take several weeks, while funds typically need to meet redemptions within one to two days, liquidity remains a constraint for institutions. Gilbert estimates that the average staking ratio for related products in Europe is only 50% to 60%; liquid staking tokens can provide an alternative exit channel, but actual sales depend on market liquidity and price. (CoinDesk)
Odaily reports: According to monitoring by on-chain analyst Ai Yi, an address previously opened a 25x leveraged ETH short position at an average entry price of $2,311.92, holding 9,700 ETH worth approximately $22.46 million. Yesterday at 18:33, during ETH's rebound after a pullback, the address closed the position at an average price of $2,239.5, making a profit of $692,000 over five days, with unrealized gains once reaching $1.337 million during the period. The account's total profit has now increased to $7.57 million.