XRP perpetual liquidation of 1.04 million pending orders, or guiding price direction, please pay close attention

OKX released its 24th Reserve Certificate on October 31st, marking it as the first cryptocurrency exchange in the industry to achieve the second anniversary of POR release. During these two years, OKX has consistently released PoRs on a monthly basis, with a reserve ratio exceeding 100% for 24 consecutive months. The number of publicly disclosed currencies has increased from 3 to 22, and the PoR system has been continuously upgraded through technologies such as Merkle tree, panoramic Merkle tree, and zk STARK, achieving multiple milestones. Recently, OKX POR has also completed an efficiency upgrade, reducing the size of the proof file used for user verification from 2.55GB to 598KB. According to the 24th POR report of OKX, the reserve ratios of BTC, ETH, USDT, and USDC are 104%, 102%, 106%, and 100% respectively, with a total value of 20.3 billion US dollars. Under the premise of protecting privacy, users can independently verify the solvency of Ouyi OKX at any time, which has been rated by blockchain expert Nic Carter as the highest level of PoR quality representing mainstream exchanges.

According to on chain analyst @ ai_9684xtpa monitoring, a giant whale address that has long been long on the ETH/BTC exchange rate sold 3987 WETH (approximately $10.05 million) at an average price of $2519 in the past 4 hours to exchange for WBTC to repay Aave's loan, completely clearing its inventory and cutting meat, ending a year long "long exchange rate operation". Since 2024, the address has accumulated losses of over 22.45 million US dollars due to long exchange rates.

The official website of the Hong Kong Securities and Futures Commission has updated the application information for a virtual asset trading platform license, which shows that Nebula Exchange has submitted a virtual asset trading platform license application to the Commission on October 25, 2024. The submitted virtual asset trading platform operator company name is "Nebula Hong Kong Limited", and there is currently no Chinese name available. As of now, the number of applicants for virtual asset trading platform licenses announced by the Hong Kong Securities and Futures Commission is 15. According to the Anti Money Laundering and Counter Terrorist Financing Ordinance, 11 platforms including HKbitEX, PantherTrade, Accumulus, DFX Labs, (Bixin. com), xWhale, YAX, Bullish, (Crypto. com), WhaleFin, and Matrixport HK are considered licensed.

Recently, counterfeit AICoin phishing software has appeared on the market. To ensure the security of privacy data and assets, users are advised to pay attention to the official AICoin website: aicoin.com and not download or use applications from unofficial channels. AICoin will continue to strengthen its crackdown on counterfeit phishing websites and welcomes everyone to actively report counterfeit phishing website applications. The official contact channels for AICoin are as follows: Telegram: https://t.me/aicoincn Twitter: https://twitter.com/AICoincom Email: support@aicoin.com

According to BlockBeats, on November 1st, according to on chain data analyst @ ai_9684xtpa monitoring, a whale address that has long been long on the ETH/BTC exchange rate sold 3987 WETH (approximately $10.05 million) at an average price of $2519 in the past 4 hours to exchange for WBTC to repay Aave's loan, completely clearing its inventory and cutting meat, ending a year long "long exchange rate operation". Since 2024, the address has accumulated losses of over $22.45 million due to long positions in exchange rates. Previously, it chose to use flash loans to resist liquidation.