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Binance HBAR/USDT's perpetual trading volume surged 11 times within 10 minutes, with a turnover of $100 million in the past 24 hours, a decrease of 2.45% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world
[PayPal Co-Founder Peter Thiel Reduces Bitmine Holdings to Approximately 2.547 Million Shares] According to documents submitted to the U.S. SEC, Founders Fund, the venture capital firm led by PayPal co-founder Peter Thiel, has sold half of its holdings in Bitmine, now holding 2,547,001 shares. Previously, Peter Thiel, through related entities, held a total of 5,094,000 common shares of BitMine Immersion Technologies, Inc. (Stock Code: 09175A206), accounting for 9.1% of the company's issued shares.
[Zhao Changpeng: On-chain prediction markets and AI will increase the demand for oracles] Zhao Changpeng posted on Binance Square, stating that more oracles are needed as the current number is far from sufficient. He pointed out that on-chain prediction markets and artificial intelligence will drive the growth in demand for oracles.
[USDC circulation increased by approximately 100 million in the past 7 days] According to official data, within the 7 days ending November 13, Circle issued approximately 6.4 billion USDC and redeemed approximately 6.3 billion USDC, resulting in a net increase of about 100 million USDC in circulation. Currently, the total circulation of USDC stands at 75.4 billion, with total reserves of approximately $75.6 billion, including cash reserves of about $9.5 billion and approximately $66.2 billion held in the Circle Reserve Fund.
[In the past 24 hours, the total liquidation across the network reached $764 million, with long positions accounting for as much as $581 million] Data shows that in the past 24 hours, the total liquidation across the network amounted to $764 million, including $581 million in long position liquidations and $183 million in short position liquidations, with a higher proportion of long positions. ETH liquidation amounted to $148 million, and BTC liquidation amounted to $381 million.