[UK High Court to Hold Hearing on Disposal of 60,000 Bitcoins on November 17] The main perpetrator of the 60,000 Bitcoin money laundering case, Qian Zhimin, purchased Bitcoin at an average price of 2,815 yuan per coin. By the time of his sentencing in the UK, the price of Bitcoin had risen to 750,000 yuan per coin, an increase of 266 times. Regarding the disposal of frozen assets involved in the case, the UK has not yet progressed to the stage of returning or sharing them with Chinese authorities. On October 30, the Hedong Branch of the Tianjin Public Security Bureau issued a notice stating that the public security authorities are cooperating with UK law enforcement agencies on cross-border efforts to pursue fugitives and recover assets, striving to mitigate the losses of those who participated in the fundraising. The UK High Court is scheduled to hold another hearing on the disposal of the involved Bitcoins on November 17, 2025 (UTC+8).
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More >Bitcoin: Over $50 million in new reserves added in the past 30 days
According to Bitcoin Treasury data, Bitcoin reserves have added over $50 million worth of Bitcoin in the past 30 days. （Cointelegraph）
某巨鲸10倍杠杆做空2143万美元ZEC，浮亏117.7万美元
[A certain whale opens a $21.43 million ZEC short position with 10x leverage, currently facing a $1.177 million unrealized loss] On-chain analyst Ai Yi's monitoring reveals that 16 hours ago, address 0x7b7...2734e opened a ZEC short position worth approximately $21.43 million with 10x leverage, holding 31,015.92 ZEC. This is the second-largest ZEC short position on the Hyperliquid platform, currently facing an unrealized loss of $1.177 million. Additionally, the address holds a $149 million BTC short position and a $27.83 million XRP short position, with total short positions amounting to $198 million and an overall unrealized loss of $1.22 million.
Bitwise CEO Hunter Horsley：四年周期或因市场动态被打破
[Bitwise CEO Hunter Horsley: Four-Year Cycle May Be Disrupted by Market Dynamics] On November 16, Bitwise CEO Hunter Horsley stated that the four-year cycle might be disrupted due to the market's 'reflexivity.' He analyzed that the prevailing view suggests 2026 will be a bearish year for Bitcoin, with first-order effects leading investors to start selling in 2025, and second-order effects making 2025 a bearish year, thereby breaking the four-year cycle, leaving 2026 undefined. Additionally, Horsley believes that since the launch of Bitcoin spot ETFs, the market structure has changed, and the environment for cryptocurrency development has never been more favorable.
StraitsX向 Binance 转移400万枚 XUSD
[StraitsX Transfers 4 Million XUSD to Binance] According to Arkham data, the address labeled 'StraitsX' has transferred 4 million XUSD to Binance, valued at approximately $4 million.
10月全球加密货币ETF新增上市15个，同比翻倍
[15 New Cryptocurrency ETFs Launched Globally in October, Doubling Year-on-Year] On November 16, market analysis revealed that global ETF issuance continues to grow. In October, 137 new ETFs were launched, a year-on-year increase of 19%. Year-to-date, total issuance has reached 918, surpassing the full-year record of 736 set in 2024. Among them, 95 new equity ETFs were launched in October, accounting for 69%; cryptocurrency ETFs saw 15 new launches, more than double the number in September. Leveraged equity and structured product ETFs added 67 new listings, making up nearly half. It is projected that total ETF issuance in 2025 will exceed 1,100.