French lawmakers approve taxation on large cryptocurrency assets

[From October 11, 100% win-rate whale closes BTC long position with a loss of $5.25 million] Data shows that the '100% win-rate whale since October 11' has closed its BTC long position. Previously holding 1,210 BTC, the closure resulted in a loss of $5.25 million.

In the past hour, there have been over $600 million in liquidation events in the cryptocurrency market, indicating increased market volatility. Such large-scale liquidation may have an impact on market liquidity and investor confidence. We need to pay attention to whether the market will further adjust and the trend of major asset prices in the future. （CoinDesk）

[100% Win Rate Whale Reduces Long Positions at High Frequency, Floating Loss Exceeds $20 Million] On November 3, on-chain data showed that the '100% Win Rate Whale' is reducing long positions at high frequency, with the account still experiencing a floating loss of over $20 million overall.

[CZ Suggests Investors Learn Risk Control and Avoid Over-Concentration of Funds] CZ posted on social media, stating that investors need to learn risk control, keep investments within manageable limits, and avoid over-concentration of funds. He mentioned that although investing all proceeds from selling a house back then was risky, he did not rely on those funds due to having a monthly income. He emphasized that the market always alternates between ups and downs, and investors should not be overly greedy during favorable conditions nor excessively fearful during unfavorable ones.

[Tom Lee Reaffirms BTC Could Reach $150,000-$200,000 and ETH $7,000 by Year-End] BitMine Chairman Tom Lee stated in an interview with CNBC that Ethereum's current fundamentals are performing well, with stablecoin trading volume and application layer revenue both hitting record highs, potentially leading to a price breakout. He reaffirmed his previous prediction, expecting Bitcoin's price to rise to the $150,000-$200,000 range by year-end, and Ethereum to reach $7,000.