According to Odaily Planet Daily, on-chain analyst Ai Yi reported that the 1inch team's investment address (0x225...086e) withdrew 20 million 1INCH tokens from Binance in the past 14 hours at an average price of $0.1856, worth approximately $3.713 million. This address currently holds a total of 111 million 1INCH tokens, worth $20.34 million.
According to Odaily Planet Daily, on-chain analyst Ai Yi's monitoring shows that address (0x7fe...17ac6) established a position in HYPE worth $6.585 million in the past 24 hours, currently showing a floating loss of approximately $40,000, with a cost of approximately $31.57. In addition, this address has $3.75 million worth of limit buy orders pending execution within the $28.04 to $31.475 price range.
Odaily Planet Daily reports that Wormhole Labs (the company behind the cross-chain protocol Wormhole) has announced the public launch of Sunrise, a new liquidity portal focused on the Solana ecosystem, designed to be the canonical path for external assets to enter Solana.
This product aims to solve the liquidity fragmentation problem that often accompanies cross-chain bridging of new tokens, ensuring that new on-chain assets can be traded within the Solana ecosystem from day one.
First major test case: Sunrise will support MON, the native token of the highly anticipated Monad blockchain, on launch day, with trading scheduled to begin tomorrow (November 24).
Ecosystem Integration: Assets acquired through Sunrise to Solana will be instantly tradable on Solana DeFi platforms, including the decentralized exchange Jupiter and the block explorer Orb.
Technical Foundation: Sunrise leverages Wormhole's Native Token Transfers (NTT) infrastructure, allowing tokens to retain their utility and fungibility after cross-chain transactions, avoiding the risks of relying on traditional liquidity pools.
Future Expansion: Wormhole Labs CEO Saeed Badreg stated that Sunrise plans to expand beyond crypto assets in the future to support tokenized goods, stocks, and real-world assets (RWAs) issued on institutional blockchains.
Kuleen Nimkar, Head of Growth at the Solana Foundation, stated that products like Sunrise are crucial for Solana to realize its vision of an “internet capital market.” Monad, a high-profile Layer 1 networking project, completed a $225 million funding round led by Paradigm in early 2024. Wormhole Labs is further solidifying its position in Solana’s market structure by positioning Sunrise as the primary entry point to MON.
According to Odaily Planet Daily, Satoshi Nakamoto's net worth in Bitcoin has shrunk by $41 billion in just over a month as the price of Bitcoin has fallen by more than 30% from its all-time high in early October.
According to data from Arkham Intelligence, based on what is believed to be related wallet tracking, the total value of Bitcoin holdings has fallen from $137 billion more than a month ago to $95.8 billion.
When Bitcoin's price hit an all-time high of $126,080 in early October, his total assets reached $137 billion, ranking him 11th on the Forbes billionaires list, higher than Bill Gates.
With the recent drop in Bitcoin's price to around $87,281, his net worth has fallen to $95.8 billion, below Bill Gates ($104.4 billion), dropping him to 20th place on the rich list.
Crypto experts identified approximately 1.1 million BTC in possession using the Patoshi Pattern, a unique mining pattern found in early Bitcoin blocks.
Quantum computing threat:
Some believe that the anonymous creator may speak out publicly as advancements in quantum computing technology pose an "existential threat" (Q-Day) to the Bitcoin network.
Joseph Chalom, co-CEO of SharpLink Gaming, has stated that he has a bold idea: in the next five to ten years, when the Bitcoin network needs "quantum protection," some crucial decisions regarding standards and encryption may be made, at which point Satoshi Nakamoto might make an appearance. (Decrypt)
According to Odaily Planet Daily, the Fear & Greed Index for cryptocurrencies on CoinMarketCap has dropped to 10.
Odaily Planet Daily reports that the Department of Government Efficiency (DOGE), which U.S. President Trump established with great fanfare in January to reduce the size of the government after taking office, has been dissolved despite having eight months remaining in its term. When asked about the current state of DOGE, the U.S. Office of Personnel Management Director, Cooper, said, "It simply doesn't exist." Cooper added that DOGE is no longer a "centralized agency." This is the first time the Trump administration has confirmed the dissolution of DOGE. This agency, led by Musk, implemented sweeping reforms in Washington after its establishment in January, rapidly reducing the size of federal agencies, cutting their budgets, or shifting their focus to Trump's priorities. According to an executive order signed by Trump after taking office, DOGE was supposed to operate until July 2026. (Jinshi)
Odaily Planet Daily reports: US Treasury Secretary Bessant: The government shutdown has caused a permanent $11 billion blow to US GDP. (Jinshi)
Odaily Planet Daily reports: US Treasury Secretary Bessenter: The overall economy is not facing a recession risk. (Jinshi)
Odaily Planet Daily reports that Strategy founder Michael Saylor posted "I will not give in," possibly hinting at continuing to increase his Bitcoin holdings.
Previously, Saylor's "Hold on this week" poll ended: 77.8% did not sell.
Odaily Planet Daily reports that Strategy, a Bitcoin treasury company, launched a "Hold on This Week" poll on the X platform, initiated by founder and executive chairman Michael Saylor. The poll has now ended, with 133,156 votes cast. 77.8% of the votes were for those who did not sell, while 22.2% were for those who did sell.
