Abraxas Capital placed 4399 ETH in short positions, valued at $109.5 million

OKX Announces Launch of Perpetual Contracts (XLV), EIDO, and EWZS] OKX announced the addition of perpetual contracts (XLV), EIDO, and EWZS to multiple services, including futures contracts, officially launching on November 6, 2026 at 17:00 (UTC+8). Important Notes: - XLV/USDT, EIDO/USDT, and EWZS/USDT will be launched in batches from 17:00 to 17:30 on November 6, 2026. - Funding fee settlement cycle is 8 hours. If the fee rate reaches the upper or lower limit, it will automatically adjust to settlement once per hour. - Product availability is subject to regional restrictions. Please check whether trading is supported in your region.

Four large addresses on Hyperliquid that held short positions in AI and technology stocks saw their PnL (Points of Liquidity) increase by over $5 million each since yesterday morning, totaling approximately $34.28 million. SanDisk, Micron, and the semiconductor ETF SOXL were the main sources of these profits. Address 0x0242 has made approximately $12.75 million in profit in the past 24 hours, bringing its total profit to approximately $14.86 million. This address increased its short position in SOXL to 115,000 contracts and also added short positions in SanDisk and Micron. Since noon on the 5th, these three short positions have contributed approximately $6.1 million in profit. Currently, this address holds approximately $125 million in short positions, including approximately $17.23 million in SanDisk short positions, with a floating profit of approximately $6.37 million. Address 0x4692 has made approximately $7.11 million in profit in the past 24 hours, with a total profit of approximately $6.96 million. This address holds approximately $112 million in short positions, and since noon on the 5th, its trading and holding profits from SanDisk and Micron total approximately $4.35 million. Address 0xfe7c has made approximately $6.31 million in profit in the past 24 hours, with a total profit of approximately $6.66 million. This address increased its SOXL short position to 121,800 units. Since noon on the 5th, short positions in SOXL, SanDisk, and Micron have contributed approximately $3.65 million. This address also holds approximately $12.25 million in BTC short positions and $8.16 million in HYPE short positions. Address 0x7dde has made approximately $5.12 million in profit in the past 24 hours, with a total profit of approximately $5.79 million. This address holds approximately $48.07 million in short positions, with a total unrealized profit of approximately $14.47 million. Since noon on the 5th, its short positions in SOXL, SanDisk, DRAM, and Nebius have contributed approximately $2.44 million to its profits.

[Trader Holds 30,000 ETH Short Position, Unrealized Profit of $1.588 Million] A trader holds a 20x short position of 30,000 ETH. This position is worth approximately $66.909 million, with an average entry price of $2,283.23, and unrealized profit of approximately $1.588 million.

[Anatole Jakovenko: L1 Teams Should Build Their Own First-Party Products] Solana co-founder Anatoly Jakovenko stated that L1 teams should build their own first-party products. Jakvenko believes that product-market fit is extremely difficult, and teams need to use their own blockchains to understand which features are missing compared to competing products. Competitors are not other applications that already support Solana, but rather financial applications globally that do not yet support Solana.

Carlos, head of growth at Definitive, said his old hot wallet was emptied early this morning, suspected to be a large-scale attack launched by noble.base.eth, and suspected to be related to the Railway vulnerability. Carlos pointed out that the transfers were signed by his own wallet, classifying this incident as a theft due to a leaked mnemonic phrase/private key. Approximately 96 wallets were emptied within 70 minutes, with the attackers prioritizing Relay as their withdrawal channel. Relay has since blocked the affected wallets.