PANews, November 24 - BitMine Immersion Technologies (NYSE: BMNR) purchased an additional 69,822 ETH last week, bringing its total holdings to 3,629,701 ETH, worth approximately $10.2 billion, accounting for 3% of the total ETH supply.

BlockBeats news, on November 24, researcher Adam from Greeks.live posted on social media that there is a clear divergence in market direction within the Chinese community, with most traders expecting a second bottom. BTC around 80,000 USD is seen as a neutral position, and the market is oscillating in the 80,000-88,000 USD range, with the current rebound considered likely nearing its end. The abnormal widening of ETH spreads has drawn attention, with the 1-hour MA30/MA60 becoming a key technical indicator, and some traders expect a rebound to possibly 3,000 USD.

BlockBeats news, on November 24, according to on-chain AI analysis tool CoinBob (@CoinbobAIbot), it was monitored that a Whale (0x93c), who was previously the largest long position on BTC on Hyperliquid, has been buying the dip on BTC and ETH since the 12th, with total holdings reaching up to 85 million USD. However, on the 18th, they faced liquidation, recording a loss of approximately 7.35 million USD. Subsequently, they opened a new long order on ETH with the remaining 1.3 million USD in their account, making a small profit of 910,000 USD before closing the position and withdrawing. Additionally, according to Coinbob's popular address monitoring, a BTC Whale (0x7b7) that was accurately hit with a loss of 97 million USD has dropped to zero. This address transferred 7 million USD to Hyperliquid on November 6.

Odaily News According to official news, Gate will officially launch the Gate Perp DEX BTC & ETH dual coin yield challenge from 19:00 on November 24 to 19:00 on December 8 (UTC+8), with a total prize pool of 30,000 USDT. Users can participate in the event through three major zones: Perps exclusive rewards for newcomers, BTC & ETH yield challenge, and invitation fighting rewards. During the event, new users who complete BTC/USDT or ETH/USDT perpetual trading and meet the volume requirements for the first time on Gate Perp DEX can win 5 USDT. Entering the yield leaderboard, the highest reward is 3,000 USDT. Inviting friends to participate can also earn up to an additional 120 USDT.

Gate News bot message, Gate market shows, ETH falls below 2800 USDT, current price 2799.99 USDT.

According to ChainCatcher news and monitoring by Onchain Lens, a certain Whale is shifting from Perptual Futures to Spot and buying ETH. This Whale has spent 14.26 million USD to purchase 5,042 ETH. Previously, this Whale suffered losses of over 8 million USD on Perptual Futures and currently still holds 7 million USD.

Gate News bot message, Gate market shows, ETH breaks 2850 USDT, current price 2850.47 USDT.

Gate News bot message, Whale wallet address 0x8d0e has executed multiple large cryptocurrency transactions. The whale purchased 4,022 ETH worth $11.19 million in spot trades on Hyperliquid. Additionally, the same wallet opened leveraged long positions - a 20x leveraged position on 2,034.5 ETH valued

Gate News bot message, a notable trader identified as "0x184" has deposited $1 million USDC into HyperLiquid and established a leveraged long position on ETH with 25x leverage. Prior to this trade, the same trader successfully traded SOL, generating profits exceeding $100,000.

Gate News bot 消息，Gate 行情显示，ETH 跌破 2800 USDT，现价 2799.25 USDT。

Gate News bot message, a significant whale trader has deposited $2 million USDC into HyperLiquid and established a leveraged long position in ETH. The trader utilized 2x leverage for this position. The position currently holds 1,425 ETH with a total value of $4 million. The trader has placed an ope

Odaily News Yi Lihua stated in a post on the X platform that he has taken a Full Position when the ETH price was around 2700 USD. The overall Position logic follows three major tracks: the major public chain mainly uses ETH, and allocates BTC/BCH; exchange Tokens are BNB/Aster; and stablecoin Heavy Position is WLFI.

Gate News bot 消息，Gate 行情显示，ETH 突破 2850 USDT，现价 2850.69 USDT。

Bitwise Chief Investment Officer Matt Hougan analyzed that the upcoming Fusaka upgrade of Ethereum will significantly enhance the token's value capture ability and introduce minimum fees for Layer 2, which could be an important factor for Ethereum to lead the market Rebound.

Gate News bot message: According to Gate market data, ETH has surpassed 2800 USDT, with the current price at 2800.98 USDT.

Foresight News reports that according to Lookonchain monitoring, the 66kETHBorrow whale has purchased 114,684 ETH (approximately $319 million) in the past 2 days and currently holds 489,696 ETH (worth approximately $1.35 billion). The address has a debt of $648 million on Aave, with an ETH liquidation price of approximately $1,594.

Odaily News Hyperbot website data shows that after experiencing multiple liquidations, Machi Big Brother's Hyperliquid account assets are only left with 7,282.32 dollars. Currently, he still holds a 25x long order of 56.32 ETH, with a position value of only 156,000 dollars, and the unrealized gains are about 600 dollars, with a liquidation price of 2,695.93 dollars.

PANews, November 22 news, according to on-chain analyst Yu Jin's monitoring, Huang Licheng (Ma Ji) lost on opening a long position on ETH with the 115,000 USD he deposited yesterday, and there is only 7,000 USD left in the address now.

Gate News bot 消息，Gate 行情显示，ETH 突破 2800 USDT，现价 2800.07 USDT。

Gate News bot 消息，Gate 行情显示，ETH 突破 2750 USDT，现价 2750.16 USDT。

Gate News bot消息，一位被称为“首次存款者”的交易者已完全退出其在以太坊(ETH)上的20倍杠杆多头头寸。此次交易操作获得了138万美元的可观利润。

According to BlockBeats, on November 21, the SEC approved the listing and trading of the Bitwise 10 Crypto Index ETF by NYSE Arca, Inc. ("NYSE Arca"), covering assets including BTC, ETH, XRP, SOL, ADA, SUI, LINK, AVAX, LTC, DOT.

Odaily News According to Onchain Lens monitoring, a Whale has realized unrealized gains of 19.51 million USD by shorting ETH and SOL. Its ETH short order position is 1204.67 pieces, worth 3.23 million USD, and its SOL short order position is 462,374.2 pieces, worth 57.3 million USD.

According to BlockBeats news on November 21, monitoring by Lookonchain shows that a Whale address starting with 0xa5B0 has purchased 1,242 ETH (worth about 3.67 million USD) in Spot over the past 2 days. Subsequently, within the past 10 hours, it deposited 5 million USDC into Hyperliquid to go long on 16,366 ETH (worth about 44.3 million USD), with a liquidation price of 2,446.7 USD for its Position.

With Ethereum experiencing a big dump of over 27% in a month, trading prices have fallen below $3000, and BitMine is facing an unrealized loss of over $4 billion. This massive loss is not an isolated incident; it reflects a deeper systemic crisis sweeping across the digital asset (DAT) industry, which is wobbling due to the volatility it relies on for survival. BitMine was once hailed as the Berkshire Hathaway of the digital asset space, envisioning to lock up 5% of the circulating supply of Ethereum. Its core strategy is to transform the company's balance sheet into a long-term, high-confidence investment in blockchain network infrastructure. Today, this ambitious vision collides with the harsh realities of the market.

Gate News bot message, A cryptocurrency whale made their first deposit of $5 million USDC into HyperLiquid, subsequently establishing a long position in ETH with 20x leverage. The current position holds 10,000 ETH, valued at $27 million.

In the case of a market fall, the holdings of the three major DAT companies performed differently: Strategy's BTC unrealized gains were $6.15 billion, BitMine's ETH unrealized losses were approximately $4.52 billion, and Forward Industries' SOL unrealized losses were $711 million.

Gate News bot message, Gate market display, ETH falls below 2750 USDT, current price 2749.56 USDT.

According to the Gate News bot message and the official announcement from Gate on November 21, 2023, Gate will launch the 342nd Launchpool project Orochi Network (ON) Token Airdrop event. The airdrop event will take place from November 21, 2025, 18:00 to November 24, 18:00 (UTC+8). Users can share a total reward of 400,000 ON tokens by staking ETH or ON. The system will distribute token rewards to users every hour based on the proportion of their staked assets. Orochi Network is a verifiable data infrastructure project that ensures data integrity and privacy through advanced cryptographic techniques, providing solutions for applications that require a balance of transparency and privacy. It is reported that Gate Labs did not participate in the investment of Orochi Network (ON).

According to the on-chain analysis platform Lookonchain, the address "stayawayfromridiculouslyprettygirls.eth" opened a 3x long position of 120.93 BTC ($10.4 million) and 9.8823 ETH ($2.78 million).

Gate News Bot news, on November 21, according to CoinMarketCap data, as of the time of writing, ETH (Ethereum) is currently priced at 2824.87 USD, falling by 7.13% in the last 24 hours, with a high of 3252.66 USD and a low of 2780.51 USD. The 24-hour volume reached 4.434 billion USD. The current market capitalization is approximately 340.95 billion USD, a decrease of about 26.167 billion USD compared to yesterday.

The founder of Liquid Capital, Yi Lihua, stated on social media that he has recently decided to buy the dip on ETH and recommends executing a spot strategy at prices between $3000 and $3300. He believes that despite the unexpected fall in the U.S. stock market, Liquid Capital remains optimistic about the subsequent trend of ETH/BTC.

PANews, November 21 news, according to Lookonchain monitoring, the Whale "66kETHBorrow" that previously borrowed 603 million USD stablecoin from Aave today purchased another 57,725 ETH (approximately 163 million USD), currently holding a total of 432,721 ETH, worth about 1.21 billion USD at the current price.

BitMart launches the "Futures Trading Supernova" event, where users can gain a chance to win prizes through sign up, advanced verification, and trading. The prize pool includes 1 BTC, 1 ETH and various other rewards, ensuring that all participants can win. The first contract transaction allows participation, and the event features tiered tasks.

BlockBeats news, on November 21, according to on-chain analyst Ai Yi (@ai9684xtpa), a certain Whale "closed all positions in ETH and sold part of WBTC", having sold 250 WBTC (21.17 million USD) at an average price of 84,710 USD over the past 8 hours, resulting in unrealized losses of 7.948 million USD. Its ETH holdings were gradually closed from November 17 to November 21, ultimately selling 17,497 ETH (52.41 million USD) at an average price of 2,994.9 USD, incurring unrealized losses of 18.4 million USD from the previously built position of 13,316 ETH. The WBTC and ETH that this Whale accumulated at the peak in August to September this year have lost 26.348 million USD in less than four months, with 1,310 WBTC still showing unrealized losses of 407.

Gate 新闻机器人消息，交易者 0x9f59 与 @jessepollak 的代币 $jesse 执行了一项盈利的交易操作，生成了 221 姨太 ($626K) 的利润，时间不足 15 分钟。 交易者最初投资了67 姨太 ($190K)，以获取76.15M $jesse 代币，另外还支付了15.54 姨太 ($44K)的燃气费。

Odaily News According to PeckShield monitoring, after ETH fell below 2900 USD, a certain Whale's wstETH position was liquidated, valued at approximately 6.52 million USD.

Gate News bot message, trader Machi (@machibigbrother) deposited $115,000 USDC into HyperLiquid to increase a 25x leveraged long position on ETH. According to reports, the trader faced liquidation during the process of opening the position.

PANews, November 21 news, according to HyperBot monitoring, Address 0x020c…5872 (Brother Ma Ji) after getting liquidated again during the fall of ETH in the early morning today, deposited $115,000 to continue to open long positions. This account has repeatedly gone through the "increase the position → Get Liquidated → deposit" cycle for over a week, with frequent and unusual liquidation operations.