The largest SOL short address on the Hyperliquid platform, 0x35d1, has started shorting ETH and continues to increase SOL and ETH short positions using the highest leverage. The current holdings include 441393 SOLs (worth $63.55 million) and 335.58 ETH (worth $1.02 million). （Lookonchain）

[Vitalik Discusses the Relationship Between Ethereum and Wall Street, and Institutional Holding Risks] On November 20, Bankless co-founder Ryan S. Adams shared a clip of an interview with Vitalik on the X platform. In response to the host's question about the relationship between Ethereum and Wall Street, Vitalik stated that Wall Street is a user of Ethereum, while Ethereum is a platform for 'pro-users.' Additionally, during his speech yesterday, Vitalik warned that if institutional ETH holdings continue to grow, Ethereum could face two major threats: the loss of developers and being forced into certain technical directions.

[New Address Receives 1,300 BTC from BitGo Within 6 Hours] On November 20, monitoring data shows that the newly created wallet address '3AXFhi' received 1,300 BTC from BitGo in the past 6 hours, valued at approximately $120.6 million.

OKX-BTC/USDT is currently trading at $93015.80, with a 5-minute drop of 0.00%. Please be aware of market fluctuations.

[Ethereum Spot ETF Recorded a Net Outflow of $37.3518 Million Yesterday, Marking Seven Consecutive Days of Net Outflows] According to SoSoValue data, on November 19, the Ethereum spot ETF recorded a total net outflow of $37.3518 million, marking seven consecutive days of net outflows. Among them, BlackRock's ETHA saw a net outflow of $24.5899 million, making it the product with the largest single-day outflow; Invesco's QETH, on the other hand, achieved a net inflow of $2.9322 million. As of now, the total net asset value of Ethereum spot ETFs stands at $18.194 billion, accounting for 5.12% of Ethereum's total market capitalization, with cumulative historical net inflows reaching $12.838 billion.