According to Lookonchain monitoring, due to the rapid decline in MON prices, trader 0xccb5's long position of 244.38 million MON (worth approximately $6.5 million) has been completely liquidated, resulting in a cumulative loss of approximately $1.9 million.

1. Nasdaq executives: We are pushing forward with our tokenized stock plan and have made SEC approval our highest priority;

2. Arthur Hayes responds to Monad founder: Unlock all tokens now;

3. Alliance DAO: The fee-to-revenue ratio is an objective indicator for assessing L1 competitive advantage;

4. Arthur Hayes: If Tether's gold and Bitcoin holdings fall by about 30%, USDT will theoretically become insolvent.

5. The Coinbase Bitcoin Premium Index returned to positive territory yesterday;

6. CBB: The claim of "raising funds at a $1 billion valuation to avoid short-term speculation" is pure self-deception;

7. Aster: The S3 airdrop checker will open on December 1st, and token claiming will continue until January 15th next year;

8. Peter Schiff: Bitcoin falls while gold and silver surge; this divergence may continue into 2026.

9. Forgd Founder: Information asymmetry and front-running are spreading to DAT products, increasing the risk of manipulation for institutional tools;

10. Sahara AI: No unlocking or security incidents have occurred; investigation into abnormal market fluctuations is underway.

According to Odaily Planet Daily, economist and longtime Bitcoin critic Peter Schiff wrote on the X platform that despite MSTR and several Bitcoin reserve companies continuing to promote the narrative and purchase large amounts of Bitcoin during 2025, Bitcoin is still down about 4% year-to-date with only one month left until the end of the year.

He stated that, in stark contrast, gold and silver have risen by approximately 60% and 95% respectively this year, despite the lack of speculation and concentrated institutional buying.

Schiff stated that this divergence in trends "is likely to continue into December and 2026."

Odaily Planet Daily reports that the perpetual contract DEX Aster has released its latest Stage 3 airdrop schedule. The S3 airdrop checker is expected to open for viewing on December 1st at 20:00.

The official announcement stated that the application window for the airdropped tokens will open at 20:00 on December 15, 2025, and will last until 20:00 on January 15, 2026.

According to data from Hyperbot, as reported by Odaily Planet Daily, the largest short position holder of BTC on HyperLiquid has suffered a weekly loss of approximately $5.041 million after partially closing out its short positions this week. This whale had previously shorted BTC at a high of $120,000, once realizing a profit of over $30 million. The current position still holds 1101.9 BTC at a liquidation price of $99,116.1. However, two limit buy orders totaling 1300 BTC placed last week in the $67,244-$67,844 range have yet to be filled.

According to Hyperbot data, Huang Licheng, known as "Brother Machi," recently increased his 25x leveraged long position in Ethereum to 9,600 ETH, with a liquidation price of approximately $2,885. Simultaneously, he reduced his 10x leveraged long position in HYPE to 25,888.88 HYPE, bringing his total position value to $29.576 million. Furthermore, "Brother Machi" placed a limit sell order for ETH at $3,008.8, bringing his total sell orders to 11 in the $3,008.8-$3,100 range, and 6 sell orders for HYPE in the $34.5-$37 range.

According to Odaily Planet Daily, CBB published an article on the X platform pointing out that the project team's claim of raising funds at a $1 billion valuation while the project was still locked, under the pretext of "avoiding flippers," is a "self-deceptive argument."

CBB stated that a reasonable approach to ICOs is to raise funds with a low FDV and allocate tokens to genuine core users and contributors, rather than creating an inflated valuation structure that causes the project to lose a healthy token circulation foundation in its early stages.

According to data from Coinglass, the Coinbase Bitcoin Premium Index returned to positive territory yesterday, currently standing at 0.03%, after turning negative on October 31st. This followed a 29-day streak of negative values, the longest such streak so far this year. A positive premium index on Coinbase indicates strong buying pressure in the US market, with institutional or compliant funds actively entering the market and investor sentiment leaning towards optimism. Conversely, a negative premium index suggests significant selling pressure in the US market and a decline in investor risk appetite.

According to Odaily Planet Daily, Arthur Hayes posted on the X platform that Tether is in the early stages of large-scale interest rate trading. Tether believes the Federal Reserve will cut interest rates, which will reduce its interest income, so it is buying gold and BTC as a countermeasure. If its gold and BTC holdings fall by about 30%, it will deplete its equity, and theoretically, USDT will face the risk of insolvency.

Odaily Planet Daily reports that QwQiao, co-founder of Alliance DAO, stated in an article on the X platform that the fee/revenue ratio is an objective indicator for assessing an L1 moat. Other indicators are less objective. If a project has a solid competitive advantage and operates in a growing market, it should generate more revenue over time. Conversely, without a moat, a project will either lose market share or be forced to maintain it through price wars, both of which will ultimately lead to fees remaining constant or decreasing in the long term. It's important to note that the lack of a moat doesn't necessarily mean a project lacks value; it might simply mean that the value is delivered to customers rather than retained by the project itself.

QwQiao previously pointed out that the L1 track lacks a moat, is easily commoditized, and is difficult to capture meaningful long-term value. He believes that betting on the application layer may be a more certain direction, and said that his current assets all have long-term competitive advantages and are in the field of exponential growth.

According to Odaily Planet Daily, in response to Monad founder Keone Hon's comment to Arthur Hayes' criticism that he could send some MON tokens to experience the mainnet, Arthur Hayes posted on the X platform that all tokens should be unlocked now, which would make Monad completely different from those so-called "Ethereum killer apps," and he bet it would succeed. Keone Hon believes that Arthur Hayes did not offer any specific criticisms, and he is quite certain that projects in Arthur Hayes' VC portfolio also have locked tokens. He argues that the current blockchain is by no means the final form of blockchain, and if anyone thinks so, then everyone should go home.

According to Odaily, Matt Savarese, Head of Digital Asset Strategy at Nasdaq, stated that the exchange considers SEC approval of its tokenized stock proposal a top priority and will "speed it up as quickly as possible." The proposal, submitted on September 8th, aims to allow investors to trade tokenized assets based on shares of publicly traded companies on the Nasdaq platform.

Savarese emphasized that Nasdaq is not attempting to "disrupt the existing system," but rather hopes to promote tokenized assets into the mainstream in a "responsible and investor-oriented" manner within the SEC regulatory framework. He stated that the plan will be continuously improved based on public feedback and regulatory issues.

The report points out that tokenized stocks have become a key topic of discussion in the crypto industry this year. In September, Galaxy Digital announced it had become the first Nasdaq-listed company to tokenize its equity on a major blockchain. However, many industry insiders are cautious about the potential value increment that tokenized stocks could bring to the crypto ecosystem, believing that if tokenized assets primarily operate on various Layer 2 networks, the potential for value to flow back to Ethereum and the broader crypto market may be limited. (Cointelegraph)

According to Odaily Planet Daily, Shane Molidor, founder of blockchain consulting firm Forgd, stated that information asymmetry and front-running behavior are spreading from traditional token markets to institutional-grade products such as digital asset trusts (DAT).

Molidor points out that DATs initially primarily allocated to highly liquid, large-cap assets such as Bitcoin, which offered high price discovery efficiency and limited room for manipulation. However, as competition intensified, many DATs began shifting towards less liquid, smaller-cap tokens in search of higher returns, making them more susceptible to price manipulation and abnormal volatility.

He further stated that DAT's fundraising process also carries structural risks: when communicating with potential investors, insiders may have prior knowledge of future coin purchase directions, allowing them to preemptively position themselves in the secondary market and profit from subsequent capital inflows. This type of "quasi-insider" preemptive trading could become a new hidden danger for institutional products. (Cointelegraph)

Odaily Planet Daily reports that members of the Sahara AI team posted on the X platform, issuing a statement regarding last night's token volatility, emphasizing the following key points:

1. No team or investor required to unlock.

Sahara completed its TGE on June 26, 2025. The team and investors' shares will be unlocked for the first time on June 26, 2026, and are currently fully locked. There have been no spot unlocks or sales, and this information has been publicly disclosed.

2. The smart contract is secure and without anomalies. The token contract is completely secure and managed by the Sahara Foundation. There have been no hacking attacks, unauthorized operations, or any security incidents.

3. Business integration is underway. Sahara Labs is focusing on precise execution, has identified inefficiencies in its operations, and is reinvesting resources in business lines with higher growth potential.

4. Core growth areas remain strong. The team is confident in the revenue outlook for 2026 and will announce more product updates and a long-term roadmap.

5. Continued development despite challenging market conditions. Sahara stated that the community and investors continue to provide strong support, and the team will continue to build world-class AI + crypto infrastructure.

The official statement said it would provide further updates after the investigation concludes and would remain transparent.

1. Arthur Hayes: The Tether team is in the early stages of a massive interest rate deal;

2. Sahara AI: An internal investigation has been launched into the abnormal market fluctuations. There are no security or product risks on the platform.

3. A new wallet, suspected to be linked to Bitmine, received 16,693 ETH from FalconX;

4. U.S. SEC Commissioner: Self-custody of cryptocurrencies is a fundamental right;

5. Nearly $120 million worth of ETH was transferred from an ETH ICO address to a new wallet after 10 years;

6. Canadian billionaire Frank Giustra criticizes Michael Saylor's Bitcoin reserve plan;

7. Morgan Stanley: Oracle's net adjusted debt will double to over $290 billion in fiscal year 2028;

8. A trader begins a 5x long position in ETH and HYPE, with a total position of approximately $36 million;

9. Crypto payment company Truther will launch a non-custodial USDT Visa card in El Salvador;

10. Monad founder responds to Arthur Hayes' criticism: We can send you some MONs to experience the mainnet.

Odaily Planet Daily reports that in response to Arthur Hayes' frequent criticisms of MON, Monad founder Keone Hon responded on X, stating: "I have great respect for everything you've done for the industry. Perpetual contracts are a remarkable innovation, and I believe they will continue to grow rapidly in the future. Over the past few days, I've seen you comment on Monad several times. While some of your comments may have been taken out of context, I think you might be interested in what makes Monad unique. I'm sure you faced a lot of FUD when you were innovating at BitMEX, but you always faced the criticism head-on and kept moving forward. I'm daring to respond in the same way... If you'd like to try Monad, I can send you some MON."

Previously, Arthur Hayes had repeatedly criticized Monad this week, even stating that he would send MON, this "shit," to zero.