According to an article published on the X platform by Odaily Planet Daily, MLM stated that approximately 13 hours ago, someone withdrew 3 million USDC from the exchange and distributed them across 19 wallets. Around 14:45 Central European Time, they began placing long orders for millions of POPCAT at a price of $0.21, totaling approximately $20 million. The long positions across the 19 wallets grew to approximately $30 million. When the person removed the eight-figure buy order, the $20-30 million POPCAT long positions were liquidated within seconds, causing Hyperliquid to take over the positions. POPCAT subsequently fell further, resulting in a loss of approximately $4.9 million for Hyperliquid. Hyperliquid then manually closed the positions. This was clearly a deliberate attempt to interfere with Hyperliquid, as no one would lose $3 million in a few seconds due to stupidity or carelessness.

According to Lookonchain monitoring, as reported by Odaily Planet Daily, Brother Machi's long positions in ETH and UNI were liquidated five times during the recent decline, bringing his total account loss to $15.89 million. His current positions are as follows:

The 25x leveraged long ETH position was worth $2.2 million, with an opening price of $3,482.52 and a liquidation price of $3,361.

The 10x leveraged long position in UNI is worth $230,000, with an opening price of $9.57 and a liquidation price of $7.3.

According to data from Bitcointreasuries.net, as reported by Odaily Planet Daily, Strategy (MSTR)'s mNav has fallen below 1, currently trading at 0.993 (meaning the company's market capitalization is lower than its BTC holding value). Its market capitalization is currently $64.9 billion, and its BTC holding value is currently $65.32 billion.

According to Odaily Planet Daily, Hyperliquid has announced system maintenance and suspended deposits and withdrawals on its official website.

According to Lookonchain monitoring, on November 12th, 10 US Bitcoin ETFs saw a net inflow of 4,846 BTC, with BlackRock receiving 2,179 BTC and currently holding 797,922 BTC. Meanwhile, 9 Ethereum ETFs experienced a net outflow of 7,875 ETH, with BlackRock seeing an outflow of 5,745 ETH and currently holding 3,898,568 ETH.

According to Odaily Planet Daily, U.S. Treasury Secretary Bessant stated that by 2030, the size of stablecoins could grow from $300 billion to $3 trillion, a tenfold increase.

According to an official announcement, OKX will launch BEAT (Audiera) perpetual contracts.

According to Odaily Planet Daily, Coinglass data shows that $212 million in positions were liquidated across the network in the past 4 hours, including $195 million in long positions and $17.5568 million in short positions.

Odaily Planet Daily reports that U.S. SEC Chairman Paul Atkins has proposed establishing a "token taxonomy" based on the Howey Test to classify crypto assets as securities. He stated that crypto assets may detach from investment contract attributes as networks mature and control becomes more decentralized. Atkins added that in the coming months, the SEC is expected to consider establishing a token taxonomy based on the long-standing Howey Investment Contract Securities Analysis, while also recognizing the restrictive principles of current laws and regulations. He acknowledged that cryptocurrencies can be part of investment contracts, but this does not mean they will always be. (The Block)

Odaily Planet Daily reports that Wall Street regulators plan to study a cryptocurrency “token classification system” to clarify “restrictive principles” within the legal and regulatory framework. (Jinshi)

According to data from Hyperbot, as the market declines, Machi Dage's ETH and UNI are currently in a state of unrealized loss, with a single-day loss of $502,000. Among them, the 25x leveraged ETH long position is currently in an unrealized loss of approximately $42,400, and the 10x leveraged UNI long position is currently in an unrealized loss of $100,200.

According to data from Coinglass, as reported by Odaily Planet Daily, total liquidations across the network have reached $102 million in the past hour, including $96.1066 million in long positions and $5.9583 million in short positions.

According to Onchain Lens monitoring, a newly created wallet deposited 8 million USDC into Hyperliquid to open a 25x leveraged long position in ETH.

According to Odaily Planet Daily, US securities broker Peter Schiff stated that Federal Reserve Chairman Bostic will retire, allowing Trump to nominate another loyal person to succeed him. Market expectations that the Fed will be led by more dovish figures have pushed the dollar weaker and gold prices surged by over $40. (Jinshi Data APP)