On chain data shows that Blackrock further deposited 900 BTC worth approximately $77.59 million into Coinbase today; As of now, Blackrock has deposited a total of 3722 BTC (approximately $321 million) and 36283 ETH (approximately $102 million) today. （Onchain Lens）

HSBC multi-asset strategists stated that although the S&P 500 Index is less than 5% away from its historical high and market sentiment and positioning have been significantly impacted, the current environment is suitable for increasing allocations to risk assets. Data shows that the high-yield bond spread has only widened by about 30 basis points since October, emerging market bond spreads continue to narrow, and the VIX futures curve spot premium indicates higher uncertainty among traders regarding the short-term market. HSBC pointed out that the net profit of the S&P 500 excluding the technology sector is expected to decline by 8% quarter-on-quarter, with low expectations setting a lower bar for the early 2026 earnings season. Meanwhile, the Federal Reserve's potential rate cut in December may ease market tensions and improve the investment environment.

[Whale That Accumulated $144 Million in WBTC at $66,169.48 Suspected to Have Fully Liquidated] On-chain analysis shows that the whale, which accumulated $144 million in WBTC at an average price of $66,169.48, is suspected to have fully liquidated. Over the past three weeks, it has deposited over $193 million worth of tokens to major exchanges, potentially realizing a profit of $60.22 million if sold. Three hours ago, its address 0x9b8...822d8 deposited the final 150 WBTC, worth $12.87 million, to Binance. The 2,189.23 WBTC accumulated by this whale between February 2024 and February 2025 has now been fully deposited into exchanges. It still holds $85.55 million worth of ETH.

[BlackRock transfers 900 BTC to Coinbase, totaling $77.59 million] According to Onchain Lens monitoring, BlackRock has once again transferred 900 BTC to Coinbase, totaling $77.59 million. Today, a total of 3,722 BTC and 36,283 ETH have been transferred.

[NEXPACE Launches NXPC Burn Mechanism and Updates White Paper] NEXPACE announced on the X platform that today's updates include the launch of the NXPC burn mechanism to support long-term value and transparency, as well as an updated white paper detailing the token structure, supply mechanism, and protocol logic.