November 17th, according to GMGN monitoring, on the BSC chain, Banana For Scale ($BANANA) has surged over 97% in the past 24 hours, reaching a market cap peak of $48 million, currently holding at $47 million, with the current price at around $0.0047.BlockBeats reminds users that meme coin prices are highly volatile, and users should invest with caution.

November 17th, according to LookIntoChain monitoring, a whale holding a long ASTER position for 38 days deposited 1 million USDC into Hyperliquid 2 hours ago to increase their ASTER long position. They currently hold a 2x leveraged 2.3 million ASTER long position (approximately $2.86 million).

November 17, according to Defilama data, the 24-hour trading volume of mainstream Perp DEXs has seen varying degrees of decline compared to last Friday. Hyperliquid and Lighter both dropped by over 35%, while Aster took the lead with a trading volume of 90.7 billion. The current trading volume of some Perp DEXs is as follows:Aster has a 24-hour trading volume of approximately $90.7 billion, a TVL of around $14.6 billion, and $23 billion in open interest contracts;Lighter has a 24-hour trading volume of about $79.4 billion, a TVL of around $11.9 billion, and $17.8 billion in open interest contracts;EdgeX has a 24-hour trading volume of around $74.4 billion, a TVL of about $4.84 billion, and $7.22 billion in open interest contracts;Hyperliquid has a 24-hour trading volume of approximately $69 billion, a TVL of around $45.47 billion, and $79.4 billion in open interest contracts;ApeX has a 24-hour trading volume of around $30 billion, a TVL of about $50.08 million, and $35.19 million in open interest contracts;Backpack has a 24-hour trading volume of about $18.1 billion, TVL not disclosed, and $1.99 billion in open interest contracts;Variational has a 24-hour trading volume of about $10 billion, a TVL of around $69.46 million, and $4.19 billion in open interest contracts;Pacifica has a 24-hour trading volume of approximately $9.3 billion, a TVL of around $40.65 million, and $51.39 million in open interest contracts.

November 17th, the S&P 500 is currently testing the key support level at 6725 points. Goldman Sachs has issued a warning that once this level is breached, it may trigger CTA systematic selling, with the Russell 2000 already breaking below, indicating that downward pressure on the market is accelerating. Funds continue to flow from tech stocks to defensive sectors such as healthcare and essential consumer goods, causing significant short-term volatility in core weights like Nvidia. The rapidly deteriorating sentiment has quickly spread to the crypto market, with Bitcoin dropping by nearly $9,300 and the crypto fear index plunging to a yearly low. On-chain data shows that whales are continuing to reduce their holdings, but with weakening market support, BTC's short-term volatility is further increasing.BiyaPay analysts stated: The current phase is characterized by "digesting high valuations + cooling of rate cut expectations + fund safe-havening," with the key support for BTC below being closely watched at $80,000.In this high-volatility environment, BiyaPay users can utilize USDT to trade US stocks, Hong Kong stocks, futures, and 0-fee cryptocurrency spot contracts, allowing for a more flexible approach to capitalize on market rebounds or hedging opportunities.

November 17th. on-chain data showed that several “whales” holding more than one thousand BTC have recently intensified their selling, pushing Bitcoin from below 100,000 down to around 97,000 USD. Both exchange and derivatives market windows reflected the sell pressure: overall whale short exposure is significantly higher than long exposure (on-chain data shows shorts around 2.17 billion USD vs. longs around 1.18 billion USD), while Bitcoin ETFs have recorded several consecutive weeks of net outflows, totaling several billions of dollars, indicating a clear decline in demand absorption. Protective put options around the 90–95k zone remain active in the derivatives market, showing the market is seeking hedging at lower levels.Although the large-scale selling mainly comes from long-term holders taking profit—Glassnode and MarketVector both note this as “planned distribution” rather than panic unwinding—the situation is not without risk. The key concern lies in absorption depth: during the selling episodes at the end of last year and early this year, buy-side liquidity remained strong enough to absorb supply. In contrast, the current phase of ETF outflows and slowing institutional allocation makes the same selling pressure more likely to amplify price volatility, triggering cascading liquidations.Technically, short-term key levels to watch are 100,000 USD and 93,000 USD; if 93,000 fails, the market may test deeper liquidity zones. Conversely, if active buy orders—potentially including known large holders such as Strategy—enter at lower levels and ETF flows stabilize, a structural rebound may follow the current deleveraging.Bitunix analysts note that attention should focus on whale wallet activity and large transfers; ETF flow trends and institutional disclosures; and changes in put open interest and implied volatility in the derivatives market. Only when these three signals turn positive together will it indicate a true return of buying power; otherwise, the market will continue to be driven primarily by liquidity dynamics.

November 17th, according to market data, after the prices of Bitcoin and Ethereum rose, US stocks of cryptocurrency-related companies surged in pre-market trading.Riot Platforms (RIOT.O) rose by 0.6%, Hut 8 Mining rose by 2.5%, Mara Holdings rose by 1.4%. Coinbase (COIN.O) rose by 1%, Bitfarms rose by 2.3%, Strategy rose by 1.4%. PROSHARES Bitcoin Strategy ETF rose by 1.6%, iShares Bitcoin Trust rose by 1.5%. (Jinse)

November 17th: CoinShares released its latest weekly report, stating that last week, digital asset exchange-traded products (ETPs) saw a record $2 billion outflow, mainly driven by currency policy uncertainty and whale sell-offs in the crypto space.Of this total, the U.S. accounted for 97% of the outflows ($1.97 billion), while Germany defied global negative sentiment with an inflow of $13.2 million.Bitcoin and Ethereum led the decline, with outflows of $1.38 billion and $689 million, respectively, as investors shifted towards multi-asset ETPs (inflows of $69 million) and increased their short positions on Bitcoin.

November 17th, QCP Capital posted on social media, stating, "Bitcoin has nearly wiped out all of its gains for the year, dropping 27% from its high, and closing below $100,000 for the first time since May. With the 50-week moving average breached, market sentiment has quickly turned bearish, with all eyes on the $92,000 support level and the $88,000 CME gap, watching for signs of a short-term rebound.""The macro headwinds remain strong, with the U.S. government reopening this week and long-delayed data set to be released. Expect volatility to remain high, with Bitcoin's implied volatility above 50, showing a clear bias towards put options."

November 17th, according to South China Morning Post report, Singapore-based Ant Group International (a spinoff of Ant Group) is accelerating its global asset management business through a strategic partnership with Swiss banking giant UBS Group AG, aiming to explore blockchain-based tokenized deposit innovations.Under a memorandum of understanding signed at UBS's Singapore office, Ant Group International will utilize UBS Digital Cash—an blockchain-based payment platform launched last year—for its global asset management operations to enhance efficiency, transparency, and security, the two companies announced on Monday.The collaboration will also explore joint innovations in tokenized deposits, including an "interconnected solution" that will involve Ant's in-house blockchain-based Whale platform—its internal treasury management system.

November 17th, according to Coinbob Popular Address Monitor data, the "Hyperliquid's Largest BTC Long" whale (0x93c) opened a BTC long position on the evening of the 14th, with a floating loss of approximately $780,000 (30%), a position size of approximately $64 million, an average price of $96,900, and a liquidation price of $87,700.Starting from November 12th, the address transferred approximately $8 million to Hyperliquid, then engaged in intraday ETH long trades twice, realizing profits of $700,000 each time. Subsequently, on the night of the 13th, it opened a third ETH long position at an average price of $3,396, with a position size of approximately $22.5 million, currently experiencing a floating loss of $1.27 million (-140%). On the night of the 14th, the address bottomed BTC at an average price of $9,690 and is now the largest BTC long on Hyperliquid.

November 17, the Singaporean exchange announced that it will launch Bitcoin and Ethereum perpetual futures on November 24. Bitcoin and Ethereum perpetual futures are only available to eligible institutional investors. (Golden Finance)

November 16th, WisdomTree's Head of Digital Assets Will Peck predicted that an ETF holding a diversified cryptocurrency portfolio will fill a significant market gap in the coming years and become one of the next waves of adoption. A multi-asset cryptocurrency basket can allow users to access the entire industry while mitigating the "idiosyncratic risk" of investing in a single token. Will Peck stated, "We refer to cryptocurrency as an asset class, but it's actually a technology, and the underlying return drivers of each token are actually quite different, despite being generally correlated, just because we're at this stage of the market right now."Several cryptocurrency index ETFs have already been launched this year. This Thursday, asset management firm 21Shares announced the launch of two cryptocurrency index ETFs: 21Shares FTSE Crypto 10 Index ETF (ticker: TTOP) and 21Shares FTSE Crypto 10 ex-BTC Index ETF (ticker: TXBC). Both track the FTSE Russell Crypto Index, offering investment exposure to a broad portfolio of digital assets holding the top ten crypto assets by market capitalization (TXBC excluding Bitcoin) rather than investing in a single token.

BlockBeats News Update: On November 16, according to HTX market data, Bitcoin dropped below $95,000 with a 24-hour loss of 0.7%.

November 16th, according to HyperInsight monitoring, "Buddy" Huang Lizheng partially closed his ETH long position this morning and then slightly increased his position again. Currently, his 25x ETH long position is worth about $25 million, with an opening price of $3,397, a liquidation price of $3,049, the current ETH price is $3,154, and an unrealized loss of $1.9 million."Buddy" realized a profit of $770,000 in the past week, and the total loss in the account is now reported to be $16.43 million.

November 16th, Glassnode announced that the relative profitability of altcoins has fallen to the deep capitulation zone, with only about 5% of the altcoin supply in a profitable state, while Bitcoin's profitability ratio has just started to decline sharply. This unusual divergence between Bitcoin and altcoins is unprecedented in previous cycles.

November 16th, according to LookIntoChain monitoring, a whale entity has opened a large short position on BTC, XRP, and ZEC, with a total value of over $190 million. The current positions are as follows:Short position on BTC with 40x leverage, worth $148 million, opening price $96,065.2, liquidation price $97,560.2;Short position on XRP with 20x leverage, worth $27.3 million, opening price $2.225, liquidation price $2.5;Short position on ZEC with 10x leverage, worth $20.6 million, opening price $652, liquidation price $775.

November 16th, according to Decrypt, the latest 13F filings submitted to the SEC by US universities showed that as of September 30th, Brown University held approximately $13.8 million worth of the Bitwise IBIT position, while Emory University held 1,023,417 shares of the Grayscale Bitcoin Trust, worth around $51.82 million, a significant increase from the previous quarter, and disclosed holding 4,450 shares of the iShares Bitcoin Trust, worth about $289,000.Yesterday's report stated that Harvard University held 6,813,612 shares of IBIT (Bitwise Bitcoin ETF) as of September 30th, valued at $4.428 billion. Compared to the disclosed 1,906,000 shares in June, the holding surged by 257%. The filing also disclosed its holding of 661,391 shares of the GLD Gold ETF (SPDR Gold ETF), valued at $2.35 billion, a 99% increase from the June holding of 333,000 shares.

November 16th, according to LookIntoChain monitoring, the whale address that "previously borrowed coins to short 66,000 ETH" recently purchased 444,895 ETH (worth $13.9 billion) has reportedly started selling. The whale withdrew 177,000 ETH (worth $5.613 billion) from Aave 8 hours ago and deposited 44,000 ETH (worth $1.402 billion) into Binance.The whale's purchase cost was approximately $3437 per ETH, currently facing a loss of about $125 million.

November 16, OKX CEO Star stated in a post that the private key module of OKX Wallet and all related smart contracts have been fully open-sourced. Several industry players (including peers) are using our open-source code, demonstrating our long-term commitment to promoting industry transparency and security. As for non-private key modules, the source code is not currently open as these parts belong to proprietary software. Users are free to choose whether to use OKX Wallet based on their needs and preferences.OKX Wallet is also one of the earliest MPC non-custodial wallet service providers in the industry. Due to limitations in market acceptance, user experience, and DApp support of early MPC versions, we have decided to completely shut down the old version of the MPC wallet and introduce a more advanced and user-friendly next-generation non-custodial wallet—the CeDeFi Wallet.Feel free to try it out and provide us with feedback.Yesterday, Star also stated that "Anyone who can provide conclusive evidence of a backdoor in OKX Wallet, the OKX Wallet team will reward them with 10 BTC. Security and transparency are fundamental, and community review is welcome."