Key News from Last Night and This Morning (November 9th - November 10th)

A certain whale transferred 7 million USDC into HL three days ago to short BTC, but after multiple stop-losses, only $560,000 remains

According to on-chain analyst Yu Jin, whale 0x7b7 transferred 7 million USDC into Hyperliquid three days ago to short BTC. After multiple stop-losses, only $560,000 remains, resulting in a loss of $6.44 million. The highest number of BTC shorted reached 2,222 (worth $226 million), and after several stop-losses, only 300 BTC ($31.87 million) are left.

US Media: The US Senate has reached an agreement to end the federal government "shutdown"

According to Xinhua News Agency citing US media, the US Senate has reached an agreement to end the federal government shutdown. In addition, according to Golden Ten Data, the US Senate is conducting a test vote on the plan to end the government shutdown, requiring 60 votes to pass.

A whale who switched from short to long currently holds a position of 32,802 ETH, with unrealized profits exceeding $15 million

According to Lookonchain monitoring, a whale who switched from shorting ETH to longing ETH currently holds 32,802 ETH (worth about $119.6 million), with unrealized profits exceeding $15 million. The whale's short positions in ASTER and PEPE are still profitable.

Sources: The Senate has secured enough Democratic votes to pass the bill ending the government shutdown

According to Golden Ten Data, sources say that at least 8 votes from the US Senate Democratic caucus support passing the negotiated agreement to end the government shutdown, ensuring enough Democratic votes to pass the bill.

Analysis: Five spot XRP ETFs are now listed on the DTCC website and are expected to launch officially this month

According to Cryptobriefing, as of now, five spot XRP ETFs launched by Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares have appeared on the US Depository Trust & Clearing Corporation (DTCC) website, including Franklin XRP Trust (XRPZ), 21Shares XRP ETF (TOXR), Bitwise XRP ETF (XRP), Canary XRP ETF (XRPC), and CoinShares XRP ETF (XRPL). The market expects they may be listed in the US later this month.

Sources: Tether-backed Rumble and Northern Data are close to reaching a merger agreement

According to Bloomberg, sources revealed that Rumble Inc. is pushing ahead with an all-stock deal to acquire German data center company Northern Data AG, valuing the target company below its $894 million market cap. Both companies are backed by stablecoin issuer Tether and are expected to announce the agreement in the coming days. If successful, the deal will help Rumble become a cloud computing service provider. Compared to the initial plan, Northern Data shareholders will receive a lower equity ratio. Rumble is considering lowering the share swap ratio to about 2 Rumble shares for each Northern Data share, down from 2.319 shares proposed in August. As part of the deal, Tether will forgo most of its €575 million loan to Northern Data and may assume its potential tax liabilities, as well as possibly provide power supply commitments. The deal was originally planned to create a merged entity with a market cap of about $4.5 billion, with Northern Data shareholders holding one-third of Rumble's shares. However, due to a recent stock price drop, the new entity's market cap will fall to $2.9 billion based on current prices.

Financial Times: Ledger is considering an IPO or fundraising in New York

According to the Financial Times, hardware wallet manufacturer Ledger is preparing to raise more funds, likely next year. Ledger CEO Pascal Gauthier said the company is considering an IPO in New York or a round of private fundraising and is actively expanding its business in New York. Reportedly, as the fundraising plan is being developed, Ledger is experiencing its best year to date, with revenues reaching hundreds of millions of dollars so far in 2025. The company previously raised funds from investors such as 10T Holdings and Singapore's True Global Ventures in 2023, reaching a valuation of $1.5 billion.

Acting CFTC Chair confirms push to launch leveraged spot crypto trading on regulated exchanges

According to The Block, Caroline Pham, Acting Chair of the US Commodity Futures Trading Commission (CFTC), confirmed that the agency is in direct talks with regulated exchanges to launch leveraged spot crypto trading products, which could be introduced as early as next month. Pham has held discussions with designated contract market exchanges under CFTC oversight, including CME, Cboe Futures Exchange, and ICE Futures, as well as Coinbase Derivatives, Kalshi, and Polymarket US, about launching spot crypto trading products involving margin, leverage, and financing. Pham is not waiting for Congressional action to explicitly grant the CFTC regulatory authority over the spot crypto market, but is instead using existing provisions of the Commodity Exchange Act, which require retail commodity transactions involving leverage, margin, or financing to be conducted on regulated exchanges. Trump has nominated SEC official Mike Selig to succeed Pham, but due to the government shutdown, it is unclear when Selig will be confirmed by the Senate. Reportedly, Pham is expected to join MoonPay after being succeeded.

"1011 Insider Whale" returns to $1.774 million in weekly cumulative profit after ETH breaks $3,500

According to on-chain analyst Ai Yi, after ETH returned to $3,500, the "1011 Insider Whale" has recovered all previous losses. Previously, the whale lost $1.3 million closing BTC longs, but now the ETH long position has an unrealized profit of $3.316 million, with weekly cumulative profit returning to $1.774 million.

US CFTC may allow stablecoins as acceptable tokenized collateral, with related policy possibly launching early next year

According to CoinDesk, the US Congress has been trying to give the US Commodity Futures Trading Commission (CFTC) greater direct jurisdiction over the crypto spot market. According to sources, the CFTC is developing a tokenized collateral policy expected to be released early next year, which may allow stablecoins to be used as acceptable tokenized collateral in the derivatives market. The policy may first be piloted at US clearinghouses and implement stricter regulation, requiring more disclosures such as position sizes, large traders and trading volumes, and more detailed reporting of operational events.

Crypto KOL debunks rumors: No so-called "platform technical issue, losses at your own risk" clause change found in Binance historical announcements

In response to community rumors that Binance changed its terms the day before the 1011 liquidation incident (October 10) to add a technical exemption clause, crypto KOL AB Kuai.Dong posted on X debunking the rumor. By checking the exchange's historical announcements via a tool website and comparing Binance's terms from June 2024 and the newly revised terms from October 10, 2025, there was no so-called "platform technical issue, losses at your own risk" clause change. The recent user terms revision mainly focused on: · Requirements for changes to users' country of residence information · Compliance, anti-money laundering, information retrieval, etc. · Prevention of attacks or abuse against employees

Michael Saylor posts Tracker info again, may disclose Bitcoin accumulation data next week

Michael Saylor posted Tracker information again on X, writing "Best Continue." This suggests that Strategy may disclose Bitcoin accumulation data next week.

Data: LINEA, APT, AVAX and other tokens to see large unlocks next week, with LINEA unlock valued at about $34.4 million

According to Token Unlocks data, LINEA, APT, AVAX and other tokens will see large unlocks next week, including: Linea (LINEA) will unlock about 2.88 billion tokens at 7:00 pm Beijing time on November 10, accounting for 16.44% of current circulation, valued at about $34.4 million; Aptos (APT) will unlock about 11.31 million tokens at 2:00 pm Beijing time on November 11, accounting for 0.49% of current circulation, valued at about $33.4 million; Avalanche (AVAX) will unlock about 1.67 million tokens at 8:00 am Beijing time on November 13, accounting for 0.33% of current circulation, valued at about $28.2 million; Starknet (STRK) will unlock about 127 million tokens at 8:00 am Beijing time on November 15, accounting for 5.34% of current circulation, valued at about $17.7 million; WalletConnect Token (WCT) will unlock about 124.9 million tokens at 8:00 am Beijing time on November 15, accounting for 65.21% of current circulation, valued at about $15 million; Cheelee (CHEEL) will unlock about 20.81 million tokens at 8:00 am Beijing time on November 13, accounting for 2.95% of current circulation, valued at about $13.4 million; Sei (SEI) will unlock about 55.56 million tokens at 8:00 pm Beijing time on November 15, accounting for 1.11% of current circulation, valued at about $9.6 million; Solayer (LAYER) will unlock about 27.02 million tokens at 10:00 pm Beijing time on November 11, accounting for 9.51% of current circulation, valued at about $6.6 million; peaq (PEAQ) will unlock about 84.84 million tokens at 8:00 am Beijing time on November 12, accounting for 5.57% of current circulation, valued at about $6 million.

"Position-Holding Whale" opens 25x ETH long, liquidation price at $3,358.4

According to Hyperbot data, the "Position-Holding Whale" (formerly 100% Win Rate Whale) opened a 25x ETH long position 40 minutes ago, currently holding 1,976.5634 ETH, with a position value exceeding $6.7 million and in a profitable state. The liquidation price is $3,358.4.

LOL S15 Finals BO5 is currently 2:2, the largest bet on KT to win on Polymarket is $1.41 million

According to on-chain analyst Yu Jin, the LOL S15 Finals BO5 is currently 2:2, and whoever wins the last game will be the S15 champion. On Polymarket, the largest bettors on whether the champion will be T1 or KT are about to see if they lose $1.58 million or win $3.44 million. The largest bettor on T1 invested $1.58 million, which will become $2.4 million if T1 wins the last game; the largest bettor on KT invested $1.41 million, which will become $3.44 million if KT wins the last game.

National Computer Virus Emergency Response Center releases report on Chen Zhi's theft of 127,000 BTC nearly five years ago: Orchestrated by a state-level hacker group

The National Computer Virus Emergency Response Center released a technical traceability analysis report on the massive Bitcoin theft from the LuBian mining pool, stating: In 2020, the LuBian mining pool suffered a major hacker attack, with a total of 127,272.06953176 BTC (worth about $3.5 billion at the time, now worth $15 billion) stolen by the attacker. The holder of these Bitcoins was Chen Zhi, chairman of Cambodia's Prince Group. After the hack, the stolen Bitcoins remained dormant in the attacker's wallet address for four years, almost untouched, which is unusual for hackers eager to cash out. This suggests a precise operation orchestrated by a "state-level hacker group." It was not until June 2024 that the stolen Bitcoins were moved to a new wallet address, and have not been moved since. On October 14, 2025, the US Department of Justice announced criminal charges against Chen Zhi and the seizure of 127,000 BTC from Chen Zhi and his Prince Group. Evidence suggests that the Bitcoins seized by the US government were the same ones stolen from the LuBian mining pool in 2020 using hacking techniques. In other words, the US government may have used hacking techniques as early as 2020 to steal the 127,000 BTC held by Chen Zhi, making this a typical "black eats black" operation orchestrated by a state-level hacker group.

"Rich Dad Poor Dad" author predicts "hard asset" prices: Bitcoin at $250,000, gold at $27,000, silver at $100

Robert Kiyosaki, author of "Rich Dad Poor Dad," posted on X that the market is preparing for a potential crash. He will continue to buy gold, silver, Bitcoin, and Ethereum, and gave "hard asset" price targets: Bitcoin at $250,000, gold at $27,000, and silver at $100. Robert Kiyosaki apparently set Ethereum's price target at $60,000 (possibly a typo for $60), noting that Ethereum is the blockchain for stablecoins, which means Ethereum continues to grow following Metcalfe's Law. This is why he will continue to buy gold, silver, Bitcoin, and Ethereum even if their prices decline in the near term.

"Machi Big Brother" continues to add small amounts to 25x ETH long, current position value exceeds $13 million

According to on-chain data monitoring, "Machi Big Brother" is continuously adding small amounts to a 25x ETH long position, with the current position increased to 3,900.3333 ETH, valued at $13.238 million, and a liquidation price of $3,322.35.

CZ responds to burning Meme coins: Just cleaning up the wallet, donation address will only keep BNB

CZ responded on X to burning Meme coins, saying it was just cleaning up the wallet, and the donation address will only keep BNB. Next time, he may choose to sell them on the market. If you do not want tokens to be sold on the market, please do not send tokens to this address.

Yusys Technologies: Some financial institutions hope to use new technologies to empower business development and directly enter digital currency payment and online credit systems

According to Golden Ten Data, Yusys Technologies recently stated at a securities firm strategy meeting that traditional overseas financial institutions have strong demand for system upgrades. At the same time, in many developing countries overseas, the rapid adoption of emerging technologies such as AI is spawning new financial service models. Some financial institutions hope to directly use new technologies to empower business development and directly enter mobile payments, digital currency payments, and online credit systems. In the Indonesian market, joint operations with a leading digital bank have led to rapid business growth; in the Hong Kong and Macau markets, Yusys won multiple data implementation projects from a commercial bank and reached strategic cooperation with several global fintech companies, forming joint solutions. Cases of enterprise online banking, digital wallets, and points and rights platforms continue to increase.

CZ's public donation address burns about $490,000 worth of Meme coins again

According to on-chain analyst Ai Yi, after seven months, CZ's public donation address has once again burned about $490,000 worth of Meme coins: - quq: $305,000; - SIREN: $142,000; - BNBCARD: $43,000.