Yesterday, the net outflow amount of spot BTC ETF hit a new high in nearly two months

[Whale Achieves Weekly Profit of Over $5.6 Million Through Spot Bottom Fishing and Contract Hedging Operations] On November 5, the on-chain AI analysis tool CoinBob recommended a smart money address starting with 0xcac. Recently, this whale has engaged in spot BTC and ETH bottom fishing and conducted hedging operations by shorting major cryptocurrencies at high contract levels. The current total contract position size is approximately $35.23 million, with an overall account floating profit of $9.9 million (about 502%). Weekly profit exceeds $5.6 million, monthly profit reaches $22.12 million, and the maximum drawdown this week is only 3.7%. Monitoring shows that the main short positions of this address include: - $15.9 million in BTC with 20x leverage, floating profit of $2.8 million (351%) - $14.6 million in ETH with 20x leverage, floating profit of $5.44 million (744%) - $4.12 million in HYPE with 20x leverage, floating profit of $1.43 million (346%) Over the past six months, cumulative profit from spot and contract hedging operations has reached $10.65 million, with monthly profit of $2.2 million.

OKX-ETH/USDT is currently trading at $3303.29, with a 5-minute drop of 0.30%. Please be aware of market fluctuations.

In the token treasury bond bond market, BlackRock's BUIDL project leads with 33% market share, but Franklin Templeton, Ondo and Circle are expanding their share. The current market is mainly targeted at qualified buyers, with redemption following traditional deadlines and exchange discounts of approximately 10%, higher than the 2% in the repurchase market. As infrastructure matures, these gaps may narrow. （Cointelegraph）

[Metaplanet Pledges Bitcoin to Raise $100 Million for Expansion and Growth] Metaplanet has raised $100 million by pledging Bitcoin assets, with the funds allocated for purchasing more Bitcoin, expanding revenue-generating businesses, and repurchasing shares. A portion of the funds will be used to create and sell cash-secured Bitcoin options to generate stable income while holding Bitcoin. As of October 31, Metaplanet holds 30,823 Bitcoins (approximately $3.517 billion), and the loan amount accounts for about 3% of its holdings.

[U.S. Supreme Court Hears Tariff Case, Potentially Impacting Trump's Economic Powers] On November 5, the U.S. Supreme Court will hear the case 'Learning Resources Inc. v. Trump,' to determine whether the president has the authority to impose tariffs under the International Emergency Economic Powers Act. The case involves hundreds of billions of dollars in trade and debt and has been called 'the most influential economic lawsuit in nearly a century in the United States.' Experts predict sharply divided outcomes, and if the ruling is unfavorable, the White House may need to refund collected tariffs and potentially redefine the boundaries of presidential authority over economic and trade policies. Bitunix analysts point out that the short-term support level for BTC is at $101,400, and if it breaks below, it may test the liquidation zone at $98,000. Resistance on the upside is concentrated in the $115,000–$117,000 range. If the ruling triggers fluctuations in the U.S. dollar, crypto assets may become a safe-haven choice, but volatility could rise in tandem.