[Monetary Authority of Singapore and German Central Bank Sign Memorandum of Understanding on Cross-Border Settlement of Digital Assets] The Monetary Authority of Singapore disclosed that it has signed a Memorandum of Understanding with the German Central Bank to collaborate on cross-border settlement of digital assets. The collaboration includes developing settlement solutions to reduce the cost and processing time of cross-border transfers between Singapore and Germany, as well as promoting universal standards for cross-border payments, foreign exchange, and tokenized asset securities flows to enhance the interoperability of digital asset platforms.

[Taiwan to Audit Government Bitcoin Holdings and Assess Reserve Plan by Year-End] Taiwan Premier Cho Jung-tai pledged during a comprehensive financial inquiry at the Legislative Yuan to complete a report by year-end on the total amount of Bitcoin held by domestic agencies. He will also collaborate with Central Bank Governor Yang Chin-long to propose an evaluation report on Bitcoin reserves. Legislator Ke Ru-jun suggested that judicial authorities temporarily hold confiscated crypto assets and incorporate Bitcoin into the national strategic reserves. Additionally, regarding the slow progress of the 'Virtual Asset Management Act' (VASP-specific legislation), the Financial Supervisory Commission stated that stablecoin regulations involve monetary sovereignty and require a well-established framework before advancing. Legislators urged the government to accelerate virtual asset regulations and industry development.

[Long-term BTC short whale funding rate profit of $8.97 million, unrealized profit of $10.05 million] On November 13, according to monitoring by HyperInsight, the whale address (0x5D2), which has repeatedly opened BTC short positions, opened a 20x BTC short position on May 9 and has accumulated $8.97 million in profit through funding rate settlements. Currently, the BTC holdings of this address are valued at approximately $127 million, with unrealized profits of $10.05 million (160%) and an average holding price of $111,500. This address ranks first in BTC short positions on the Hyperliquid platform. Previously, this address opened large BTC short positions four times this year, resulting in a total loss of approximately $5.48 million. For this short position, 40% of the position was partially closed for profit-taking after October 11, recording a profit of approximately $5.17 million.

Hyperliquid reportedly took a bad debt of $4.9 million due to alleged POPCAT manipulation.

Monitoring shows that a giant whale who previously deposited $8 million in USDC and opened a long position in 25 times leveraged ETH has fully closed out, earning $336669. The giant whale had previously traded through high leverage operations, and the flow of funds has completed a closed loop. After achieving profitability, the position has been completely closed. （Onchain Lens）