RIF's market value briefly exceeded 42 million US dollars, with a 24-hour increase of over 1700%
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BlockBeats News: On November 16th, according to GMGN data, the BIO ecosystem MEME coin RIF continued to rise, with a market value of over 42 million US dollars in a short period of time and an increase of over 1700% in 24 hours.
Whale address 0x38fd has opened a new 10x leverage long position in the past 2 hours, holding 321000 HYPE with a total value of approximately $7.9 million. Previously, the address closed a HYPE long position and gained a profit of $249000. （Lookonchain）
[The People's Bank of China Conducts 930 Billion Yuan 7-Day Reverse Repo Operation]
The People's Bank of China conducted a 930 billion yuan 7-day reverse repo operation today, with both the bidding amount and the transaction amount at 930 billion yuan. The operation rate was 1.40%, unchanged from the previous level.
[Peter Schiff: Gold Near $4,530, Inflation Rate Returning to 2% Is Unrealistic]
Economist and cryptocurrency critic Peter Schiff posted on the X platform, stating that gold prices have risen by $50, nearing $4,530; silver prices have increased by $3, trading just 10 cents below $75. He remarked that if the market believes inflation can return to 2% during a record-breaking rally in precious metals, it is a misjudgment.
On-chain analyst Ai Yi's monitoring shows that the 2,683.68 SOL long orders placed by the 'BTC OG Insider Whale' have all been filled. Currently, the value of SOL holdings is approximately $61.57 million, with an average entry price of $130.19 per coin, resulting in an unrealized loss of about $5.03 million. The total position value of the 'BTC OG Insider Whale' is $740 million, with a cumulative unrealized loss of approximately $58.04 million. The whale also holds $87 million worth of BTC long positions (entry price $91,506.7) and $590 million worth of ETH long positions (entry price $3,147.39).