US Department of Efficiency: US tax laws urgently need to be simplified

The address bc1ql5 sold 500 BTC worth approximately $45.37 million 9 hours ago, resulting in a loss of over $10.5 million. Previously, the address had withdrawn 500 BTC worth approximately $55.95 million from Binance on October 14th, when the BTC price was $111900. However, the BTC price subsequently fell below $81000. （Lookonchain）

[Pandora Ethereum ETF to List on HKEX on December 3] Licensed virtual asset management company Pandora announced that its Ethereum ETF will be listed on the Hong Kong Stock Exchange (HKEX) on December 3, with the stock code 3085.HK. The ETF directly holds Ethereum and is benchmarked against the CME CF Ether-Dollar Reference Rate (Asia Pacific Closing Price). Hong Kong investors can trade through existing securities accounts using cash or in-kind subscription and redemption methods, with a trading lot size of 100 shares and a minimum subscription amount of HKD 850.

[A Whale That Once Profited Over $100 Million Sold $41.06 Million Worth of ETH in Two Weeks] On-chain data shows that an address, which four years ago accumulated 1,074 WBTC at an average price of $10,708, sold 1,000 BTC at an average price of $118,011 this July, earning $107 million in profit. Recently, this address has started selling ETH. Ten hours ago, the address deposited 5,000 ETH, worth $15.36 million, to Binance. Over the past two weeks, it has cumulatively deposited 13,403.28 ETH to exchanges, with a total value of approximately $41.06 million. Currently, the address still holds 15,000 ETH and has interacted with addresses related to Galaxy Digital, though its exact ownership has not yet been confirmed.

[Cango's total Bitcoin holdings reach 6,902.5 BTC, with 129.1 BTC added this week] The Bitcoin mining company Cango, listed on the New York Stock Exchange, stated on the X platform that this week's mining output was 129.1 BTC, bringing its total Bitcoin holdings to 6,902.5 BTC as of now.

[An address deposited 5,000 ETH to Binance, totaling over 13,400 ETH in the past two weeks] On-chain analysis shows that an address, which had accumulated WBTC at low prices four years ago and took profits at a high in July this year, earning $107 million, deposited 5,000 ETH to Binance 10 hours ago, valued at approximately $15.36 million. Over the past two weeks, this address has deposited a total of 13,403.28 ETH to the exchange, with a total value of approximately $41.06 million. Currently, the address still holds 15,000 ETH and has interacted with addresses associated with Galaxy Digital. The ownership of the wallet has not yet been confirmed.