[Abraxas Capital's Two Addresses Hold $760 Million in Positions, Unrealized Profit Exceeds $50.2 Million] On November 3, monitoring data showed that the total balance of two addresses labeled as Abraxas Capital (0x5b5, 0xb83) increased from $165 million last Monday to $256 million. Over the past 24 hours, these accounts ranked first in contract positions on Hyperliquid, with the total nominal value of positions rising from $480 million to $760 million. In the past 24 hours, Abraxas Capital significantly increased its short positions in BTC and ETH. The ETH short position grew from $226 million to $267 million, the BTC short position increased from $124 million to $280 million, and the HYPE short position rose from $97.4 million to $103 million. The total unrealized profit across the two addresses reached $50.2 million. However, the main address (0x5b5) still has an unrealized loss of $12.57 million on its ETH short position, with an average entry price of $3,531, reflecting a loss of approximately 54%.

[Changpeng Zhao Denies Proposal to Create Private Crypto Bank] Changpeng Zhao responded to reports about his alleged proposal to create a private crypto bank in Kyrgyzstan, stating that the claim is false. He clarified that he has never personally proposed creating a bank. While he supports collaboration between banks and cryptocurrencies, he has no intention of operating a bank and is unfamiliar with the names mentioned in the report.

In the past hour, the cryptocurrency market cleared long positions worth $140 million, indicating a significant increase in market volatility. （Watcher.Guru）

Two whale addresses profited by shorting ASTER, with address "0x9eec9" earning $5.9 million and address "0xbadb" earning $1.4 million. Both are currently in a profitable state. （Lookonchain）

[Two Bitcoin Whales Have Deposited Over 16,000 BTC to Exchanges Since October] Monitoring data shows that since October 1, '1011 Insider Whale' has deposited approximately 13,000 BTC (worth $1.48 billion) to Kraken, Binance, Coinbase, and Hyperliquid. Additionally, since October 21, Owen Gunden has deposited 3,265 BTC (worth $364.5 million) to Kraken.