[Vitalik Discusses the Relationship Between Ethereum and Wall Street, and Institutional Holding Risks] On November 20, Bankless co-founder Ryan S. Adams shared a clip of an interview with Vitalik on the X platform. In response to the host's question about the relationship between Ethereum and Wall Street, Vitalik stated that Wall Street is a user of Ethereum, while Ethereum is a platform for 'pro-users.' Additionally, during his speech yesterday, Vitalik warned that if institutional ETH holdings continue to grow, Ethereum could face two major threats: the loss of developers and being forced into certain technical directions.

[New Address Receives 1,300 BTC from BitGo Within 6 Hours] On November 20, monitoring data shows that the newly created wallet address '3AXFhi' received 1,300 BTC from BitGo in the past 6 hours, valued at approximately $120.6 million.

OKX-BTC/USDT is currently trading at $93015.80, with a 5-minute drop of 0.00%. Please be aware of market fluctuations.

[Ethereum Spot ETF Recorded a Net Outflow of $37.3518 Million Yesterday, Marking Seven Consecutive Days of Net Outflows] According to SoSoValue data, on November 19, the Ethereum spot ETF recorded a total net outflow of $37.3518 million, marking seven consecutive days of net outflows. Among them, BlackRock's ETHA saw a net outflow of $24.5899 million, making it the product with the largest single-day outflow; Invesco's QETH, on the other hand, achieved a net inflow of $2.9322 million. As of now, the total net asset value of Ethereum spot ETFs stands at $18.194 billion, accounting for 5.12% of Ethereum's total market capitalization, with cumulative historical net inflows reaching $12.838 billion.

The giant whale address' 0xcc89 'holds over $2 million in assets and spent $82000 USD today to purchase 998000 EDELs. In addition, the address has accumulated a profit of 5.6 million US dollars through the trading platform Hyperliquid. （Lookonchain）