According to data from Coinglass, as reported by Odaily Planet Daily, $186 million in positions were liquidated across the network in the past hour, including $179 million in long positions and $6.3334 million in short positions. Furthermore, over 180,000 individuals experienced liquidations in the past 24 hours, with a total liquidation amount exceeding $670 million.
According to Odaily Planet Daily, Stalkchain, an on-chain monitoring platform, reported on its X platform that a wallet is quietly selling $2.687 million worth of URANUS, at approximately $860 worth of tokens per minute. This represents about 1.08% of the total market capitalization. Such sustained selling pressure could quickly alter the token's price trajectory if liquidity is insufficient.
According to Odaily Planet Daily, market sources say that Elon Musk has denied reports of his AI company xAI receiving funding. (Jinshi)
Previously, CNBC reported that xAI raised $15 billion in its Series E funding round.
Odaily Planet Daily reports that Stable announced on the X platform, "USDT will serve as the native gas token on the Stable network to ensure predictable transaction fees under any network conditions, thereby eliminating volatility in the payment process. This design choice lays the foundation for reliable settlement and everyday payments. The mainnet is launching soon."
Odaily Planet Daily reports that Elon Musk posted on the X platform, "X has just launched a whole new suite of communication features, including encrypted messaging, audio and video calls, and file transfer. X Money is coming soon. X will become an all-encompassing application."
According to data from Coinglass, as reported by Odaily Planet Daily, $120 million in positions were liquidated across the network in the past four hours, including $88.6124 million in long positions and $33.5966 million in short positions.
Odaily Planet Daily reports that Aztec, a privacy-focused blockchain project, announced the launch of its AZTEC token public sale on the X platform, with a total supply of 10.35 billion tokens. This sale will be conducted via on-chain Continuous Liquidation Auction (CCA), with a starting fully diluted valuation (FDV) of $350 million, representing a discount of approximately 75% from the previous valuation. US users are eligible to participate. This token sale accounts for 21.96% of the total supply, approximately 2.273 billion tokens, including the public auction, Uniswap V4 liquidity pool, genesis orderer sale, and Bilateral reservations. The remaining tokens are allocated as follows: Investors and early supporters 27.26%, Team 21.06%, Foundation 11.71%, Ecosystem grants 10.73%, Future incentives 4.89%, and Y1 network rewards 2.41%.
According to Onchain Lens monitoring, a whale used two wallets to open 25x leveraged long positions in ETH, with a current total position value of $49.3 million and holding 14,635 ETH.
According to Lookonchain, an on-chain analytics platform, Huang Licheng (aka "Machi Dage") deposited 2.44 million USDC into HyperLiquid in the past 8 hours, continuing to increase his long positions in ETH and UNI. His current holdings include 6,275.7 ETH (worth approximately $21.3 million) and 88,888.8 UNI (worth approximately $705,000).
Odaily Planet Daily reports that Citigroup economists have written that despite warnings from the White House, October's CPI and employment data are still likely to be released in the coming days. The government shutdown has disrupted data collection, but Citigroup states that statistical agencies can ask retrospective questions in household employment surveys and use more estimation methods in inflation indicators. However, October's CPI data may be "less accurate than usual." Citigroup economists expect continued weakness in labor market data, which will prompt the Federal Reserve to cut interest rates in December, January, and March. (Jinshi)
