Monitoring shows that the address 0x69b... 0e378 of the band giant whale sold 1300 ETH 10 minutes ago, resulting in a loss of 597000 US dollars. He had opened a position of 2655 ETH at an average price of $3805.6 from October 14th to 18th, and currently has 1355 ETH remaining, with a floating loss of $487000. This portion of ETH had a floating profit of $2.142 million at its peak. (Auntie Ai)

[GoPlus Warns of Unlimited Minting and Centralized Manipulation Risks in Hello 402 Contract] On November 12, GoPlus posted on social media pointing out that the Hello 402 contract has potential risks of unlimited minting and centralized manipulation. Specifically, these include: the administrator address having excessive permissions, allowing full control over the minting and distribution of $H402; the addTokenCredits function lacking restrictions on minting shares, which could lead to unlimited minting; the redeemTokenCredits function allowing users to mint $H402 based on their shares; and the WithdrawDevToken function enabling the administrator to mint all unallocated shares at once, posing a risk of centralized manipulation. Additionally, the functionalities promised by the project team on the X platform have not been implemented at the contract level, creating a risk of breach of commitment. GoPlus recommends that the project team implement the promised functionalities through the contract and make them public to safeguard the interests of the community and investors.

[Tokenized Asset Scale on Ethereum Surpasses $201 Billion, Accounting for Two-Thirds of the Network] As of Tuesday, the total scale of tokenized assets on the blockchain is approximately $314 billion, with tokenized assets on Ethereum reaching $201 billion, accounting for nearly two-thirds of the market total. Since January 2024, the assets under management (AUM) of tokenized assets on Ethereum have grown by nearly 2000%, primarily driven by institutions like BlackRock and Fidelity introducing traditional investment products to the blockchain.

[Whale Account Transfers 41.2 Million USDC to Binance] On-chain data shows that the '1011 Short Insider Whale' closed its ETH long position last night, withdrew 5.2 million USDC from the Hyperliquid account as margin, and deposited the remaining 41.2 million USDC in the address to Binance.

[Upexi Announces Quarterly Results, Digital Asset Revenue Reaches $6.1 Million] On November 12, Upexi, a digital asset reserve and consumer goods brand company based on Solana, announced its quarterly results. Digital asset revenue exceeded $6 million, driving total gross profit to $8.3 million, a year-over-year increase of 183%. The financial report shows that total revenue for the first fiscal quarter was $9.2 million, of which $6.1 million came from staking income. This quarter, Upexi completed a $200 million private placement of common stock and convertible bonds and signed a $500 million equity financing agreement with A.G.P to accelerate the strategic expansion of Solana asset reserves. Net profit for the quarter reached $66.7 million ($1.21 per share), turning around from a net loss of $1.6 million ($1.55 per share loss) in the quarter ending September 30, 2024. The profit growth mainly came from approximately $78 million in unrealized gains from Solana asset reserves. After last week's increase in holdings, Upexi's total position now exceeds 2.1 million SOL.