Main force hits over $58 million, BTC may continue to explore support

[3001.9 ETH Transferred to Gemini, Valued at Approximately $8.02 Million] According to Arkham data, 3001.9 ETH (valued at approximately $8.02 million) was transferred from an anonymous address (starting with 0x3F32...) to the cryptocurrency exchange Gemini.

The address 0xa5B0 of the giant whale purchased 1242 ETH (approximately 3.67 million US dollars) in spot in the past two days, and then deposited 5 million US dollars USDC into Hyperliquid in the past 10 hours, opening a 20 fold long position of 16366 ETH (approximately 44.3 million US dollars), with a liquidation price of 2446.7 US dollars (Lookonchain).

[‘HYPE Listing Insider Whale’ Closes STRK Long Position with $2.57 Million Unrealized Profit] On November 21, according to Hyperinsight monitoring, the ‘HYPE Listing Insider Whale’ has started closing its STRK long position. This address opened a 5x STRK long position on the 13th, with an unrealized profit of approximately $2.57 million. As of press time, the address still holds a 5x HYPE long position, with an unrealized loss of $7.97 million.

[RateX Completes $7 Million Financing, Animoca Ventures Among Investors] Solana ecosystem yield trading protocol RateX has raised a total of $10.4 million over the past two years, including $7 million in its latest funding round. Investors include Animoca Ventures, ECHO, GSR, (Crypto.com) Capital, Gate, Rzong Capital, BGX Capital, and Summer Capital, among others. The protocol helps users trade and manage yields through tokenized financial products and has launched the Mooncake upgrade to support non-liquidation leveraged token trading. In June this year, U.S.-listed company DeFi Development Corp. strategically integrated its staked tokens with the RateX ecosystem to explore additional yield strategies.

[A certain whale bought over 90,000 ETH within 16 hours, totaling approximately $254 million] According to Onchain Lens monitoring, the 'whale that borrowed 66,000 ETH' purchased 23,733 ETH from Binance, valued at approximately $65.7 million. Over the past 16 hours, this whale has bought a total of 90,690 ETH, with a total value of approximately $254 million, and currently holds 465,691 ETH, valued at approximately $1.25 billion.