BNB falls below the $850 mark

[Abraxas Capital Two Short Addresses with $76.83 Million in Unrealized Gains] On November 21, according to Onchain Lens monitoring, Abraxas Capital holds short positions in two wallets, currently with unrealized profits of $76.83 million. Abraxas Capital has accumulated over $269.13 million in profits through short positions. Some analysts have pointed out that the related addresses may be used to hedge spot holdings.

[During Bitcoin's sharp drop, Hyperliquid liquidated five positions exceeding $10 million within one minute] On November 21, during Bitcoin's sharp price drop below $82,000, the Hyperliquid platform liquidated five accounts with positions exceeding $10 million within one minute, with the largest single liquidation amount reaching $36.78 million.

[Upbit to Terminate RLY Trading Support on December 22, 2025] Upbit has announced that it will terminate trading support for RLY on December 22, 2025, at 15:00 (UTC+8). The affected trading pairs are RLY/BTC and RLY/USDT. Upbit stated that the decision was made after comprehensive consideration of factors such as RLY's business sustainability, trading activity, and adoption. After the termination of trading support, any pending orders for the affected trading pairs will be canceled, and services such as airdrops, wallet upgrades, and hard forks will no longer be supported. Users must complete RLY withdrawals by January 22, 2026 (UTC+8). Failure to do so may result in withdrawal delays or inability to process withdrawals.

[During Market Downturn, an Aave Whale Liquidated for $3.88 Million] On November 21, PeckShield monitoring revealed that during the market downturn, an Aave whale suffered a liquidation loss of $3.88 million, including $1.58 million in ETH positions and $2.3 million in LINK positions. These assets were used as collateral for borrowing USDT.

The Machi account has been fully liquidated, with a current balance of only $15538 and a total loss of over $20.23 million. （Lookonchain）