Hyperliquid goes long, MON whale gains $2.6 million and switches to ZEC According to HyperInsight monitoring, since the launch of MON on the mainnet, all whales on the Hyperliquid platform that have long on MON have achieved floating profits. Among them, MON's largest long whale address (0xccb) currently has a floating profit of $2.6 million (110%), with a holding size of approximately $6.82 million and an average price of $0.028. The address opened a 3x leverage MON multiple order at 1:00 yesterday, and the principal has doubled. Today, the address closed a small MON multiple order and recorded a profit of $250000 before opening a new ZEC multiple order. The position size is about $2.53 million, with an average price of $508.

Jupiter completes 130 million JUP destruction plan and shortens release period to 7 days Jupiter announced that it has completed the second phase of its JUP token "Fresh Start" program, destroying approximately 130 million JUPs in Litterbox and shortening the release period to 7 days based on suggestions from holders. In the future, the project team will adopt a strategic approach towards "Jupuary", reducing initial emissions, focusing on accelerating the demand for decentralized platforms, while researching solutions for Litterbox revenue and exploring the integration of JUP in the product suite.

10x Research pointed out in an article on X platform that Bitcoin is currently at the intersection of Federal Reserve policies, US dollar trends, and complex liquidity narratives. Although the probability of a rate cut in December has risen to 84%, historical experience shows that the key lies in policy statements rather than the rate cut itself. A rare triggered US dollar indicator has just lit up, marking the fifth time in Bitcoin's history that past results have not been optimistic. The Treasury Department's cash account (TGA) may release over $600 billion in liquidity, but similar situations have been accompanied by a significant decline in Bitcoin. The implied probability of interest rate reduction in treasury bond bond futures market in December is 84%, and the probability of keeping interest rate unchanged in January is 65%. 10x Research emphasizes that if the third consecutive interest rate cut is not accompanied by dovish forward guidance, the boosting effect of risk assets may be limited.

Founder of Confirmation Predicts Polymarket Visits to Surpass Coinbase by 2026 Confirmation founder Nick Tomaino posted on X platform, predicting that Polymarket has become one of the websites with the highest global traffic, with 15.8 million visits in October, an 80% increase from August, while Coinbase traffic has declined during the same period. At present, large financial institutions are injecting billions of dollars of liquidity into the predictive market, exploring predictive transactions in sports, entertainment, culture, and other fields. More and more people regard Polymarket as a reliable source of information. Nick Tomaino predicts that Polymarket platform traffic will surpass Coinbase by 2026.

Bitcoin options worth $14 billion expire this Friday The $14 billion worth of Bitcoin options will expire this Friday.