Abraxas Capital's short position adds 1609 ETH worth $4 million

JPMorgan Asset Management has included Bitcoin in its 2027 long-term investment assumptions, projecting a compound annual return of 10%, higher than the 7.5% return of US large-cap stocks, 9.8% of private equity, 7% of a 60/40 stock/bond portfolio, and 5.5% of gold. The estimated correlation between Bitcoin and US large-cap stocks is 33%. JPMorgan Chase projects Bitcoin's annualized volatility at 55% and excludes it from its primary portfolio models due to its unstable correlation with other assets. JPMorgan describes Bitcoin's investment characteristics as a speculative asset and notes that its portfolio allocation role is related to monetary easing, with adoption, regulation, and liquidity all influencing its economic characteristics. (Source: Bitcoin.com News)

According to AiCoin monitoring, a large amount of funds flowed out of the US spot BTC ETF market yesterday, with a net outflow of up to $430 million. Among them, FBTC had the largest outflow, with a net outflow of $200 million in a single day; followed by IBIT, with a total of $105 million. According to AiCoin's "Spot BTC ETF Tracking" live trading strategy, there is a significant positive correlation between ETF fund inflows and BTC prices. You can subscribe to indicators to enable the program to automatically place orders based on fund flows. Data is for reference only.

A certain whale currently holds 30,000 ETH short positions, worth $66.9 million, with an average opening price of $2,283 and a floating profit of $1.59 million. After the Binance hack, the whale closed out long positions worth over $100 million, making a profit of $17.78 million, and then opened a short position of 20,000 ETH; yesterday afternoon, it added another 10,000 ETH to its short position at $2,430.

From the opening of the US stock market last night until noon on November 6, 159 addresses on Hyperliquid added a large amount of long positions of approximately $295 million across 27 assets, while reducing their holdings by approximately $252 million, resulting in a net increase of approximately $43.17 million in long positions. In the storage sector, SK Hynix saw a net increase of approximately $36.43 million in its holdings, SanDisk saw a net increase of approximately $14.05 million, and Micron saw a net decrease of approximately $7.75 million. In terms of individual stocks, Circle saw a net increase of approximately $21.91 million, while Apple experienced a net decrease of approximately $46.01 million. Meta, Nebius, and AMD also saw net decreases in holdings. In terms of indices and ETFs, the Nasdaq 100 saw a net increase of approximately $29.77 million, while the S&P 500 saw a net decrease of approximately $9 million. Address 0xefe4… maintained a long position of approximately $15.5 million in SanDisk, and address 0x72655… increased its holdings in Circle by approximately $22.28 million.

On Hyperliquid, LITE is trading at $535.74 and MRVL at $140.56. Based on the exchange rate of 4.5 MRVL shares for each LITE contract, the estimated exchange value is approximately $632.52. LITE is $96.78 lower, representing a discount of approximately 15.3%. The combined trading volume for both contracts over the past 24 hours is approximately $93.73 million. On the previous trading day, MRVL fell 16.43% to close at $133.55, corresponding to a share conversion reference value of $600.98 per LITE share; LITE fell 18.68% to close at $509.70, with the discount rate widening from 12.84% to 15.19%. Marvell plans to acquire Lumentum in an all-stock transaction, which is expected to be completed in the first half of 2028.