According to Zachxbt monitoring, a Cardano holder exchanged 14.4 million ADAs (worth $6.9 million) for 847000 USDAs, resulting in a loss of $6.05 million due to insufficient liquidity. These funds were idle for about 5 years before this operation. （Onchain Lens）

[Japanese Stock Market Declines, Q3 GDP Shrinks for the First Time in Six Quarters] On November 17, the Japanese stock market declined, with the Nikkei 225 Index falling below 50,000 points, down 0.78% intraday. After price and seasonal adjustments, Japan's real GDP annualized quarterly rate for Q3 was -1.8%, marking the first contraction in six quarters.

[WeBank Plans to Develop Local Blockchain and Anti-Money Laundering Solutions in Hong Kong] Ma Zhitao, Vice President and Chief Information Officer of WeBank, stated that WeBank will focus on developing Web3 and artificial intelligence businesses in Hong Kong in the future, with plans to establish a local blockchain system compliant with Hong Kong regulations and to develop anti-money laundering solutions.

[Spot Gold Falls to $4084.5 per Ounce] Spot gold prices have given up more than $20 of intraday gains, now quoted at $4084.5 per ounce. Trump stated that he might engage in discussions with Venezuelan President Maduro.

[Machi Loses $3.6 Million in 25x Leveraged Ethereum Trade] According to data monitored by Onchain Lens, Machi faced complete liquidation in his 25x leveraged long position on Ethereum (ETH), resulting in a loss of $3.6 million. Subsequently, Machi opened another 25x leveraged long position on Ethereum, with his total losses now exceeding $19 million.