BTC falls below the $102000 mark

[JPMorgan CEO Dimon Says to Engage in Stablecoin Transactions to Avoid Missing Opportunities] On November 7, JPMorgan CEO Dimon stated that it is better to participate in stablecoin transactions than to miss opportunities.

BTC's current price is $100609.16, with a 3.19% drop in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 41.97 million US dollars, with multiple orders being the main liquidation and 13.31 million US dollars (31.72%) of BTC liquidation. The data is for reference only.

[Hourglass Suspends New Deposit Operations for Phase Two of Stable Pre-Deposit Activity] On November 7, Hourglass announced that Phase Two of the Stable pre-deposit activity has been suspended due to exceptionally high platform traffic, which caused the front-end RPC capacity to be fully utilized. The institutional funding pool has paused new deposit operations. Hourglass confirmed that all user funds are secure and stated that the latest updates will be announced soon.

OKX-BTC/USDT is currently trading at $101001.50, with a 5-minute decline of 0.24%. Please be aware of market fluctuations.

[USDX Depegs to $0.3887, Whale Spends 800,000 USDT to Bottom-Fish but Redemption Unsuccessful] The price of USDX has depegged to $0.3887. A whale address, 0xe454, noticed the depeg and spent 800,000 USDT to purchase 933,000 USDX at an average price of $0.8572. A week earlier, the same whale had purchased 1.4 million USDX and added to their position again. All tokens have been submitted for redemption, and if the redemption is successful, an estimated profit of approximately $135,000 could be realized. However, as of now, 3 hours have passed, and the redemption has not yet been successfully completed.