[Divergence in Crypto Whales and Institutional Trends, On-Chain Capital Flows Show Mixed Signals] On November 25, the on-chain whale 'Machi Big Brother' deposited an additional 1 million USDC and opened a long position of approximately $13.35 million in ETH at $2,883, while also adding $830,000 in HYPE. The current ETH position has an unrealized profit of approximately $280,000, with a liquidation price of $2,716. On the institutional side, global publicly listed companies made a net purchase of $13.4 million in BTC last week, but Strategy and Metaplanet remained on the sidelines. Mining giant Bitmine purchased 69,822 ETH last week, bringing its total holdings to 3.63 million ETH, accounting for 3% of the total ETH supply, with an unrealized loss of approximately $280 million (-29.6%). Additionally, Ondo Finance invested $25 million in Figure's YLDS stablecoin to enhance the OUSG yield strategy. The total locked value of OUSG has now surpassed $780 million.