[Thai Exchange Bitkub Plans to Launch IPO in Hong Kong Next Year] Thai cryptocurrency exchange Bitkub is considering an initial public offering (IPO) in Hong Kong, which could be launched as early as next year, aiming to raise approximately $200 million.

[Certain Address's Long Position on Altcoins Expands Floating Loss to $4.06 Million] On-chain analyst Ai Yi's monitoring shows that a certain address (0xa2c...3126) has taken a long position on a basket of altcoins, with the current floating loss expanding to $4.06 million. The portfolio contains 22 tokens, with only LINEA in a floating profit state, while the rest are in loss. Among them, the heaviest position is HYPE, valued at $4.64 million, with a floating loss of $1.303 million.

[‘Longing a Basket of Altcoins’ Whale Faces $4.06 Million Unrealized Loss] On November 24, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that the whale who ‘longed a basket of altcoins’ has been holding the position for a week, with unrealized losses expanding to $4.06 million. Among the 22 tokens they went long on, only LINEA is in an unrealized profit state, while the rest are in unrealized losses. The heaviest position, HYPE ($4.64 million), has an unrealized loss of $1.303 million.

Strike CEO Jack Mallers said JPMorgan Chase closed his accounts without warning, citing concerning activities on his accounts.Maller’s news prompted scrutiny on whether the alleged Biden-era “Operation Chokepoint 2.0” is still at large.

[Ethereum Ecosystem Network Daily TPS Hits Record High] On November 24, according to growthepie data, the Ethereum ecosystem network's daily average TPS (transactions per second) reached a record high, with a 7-day average daily TPS of 364.52 and a peak TPS of 24,192. The L2 market share reached as high as 95.35%. Perp DEX Lighter contributed significantly to this growth.