[‘1011 Insider Whale’ Opens 5x ETH Short Position with $15 Million Position] On November 29, according to Hyperinsight monitoring, ‘1011 Insider Whale’ opened a new 5x ETH short position with a position size of $15 million (5,000 ETH), entry price at $3,001.81, and liquidation price at $5,056.

[Binance Announces GaiAi (GAIX) Airdrop Threshold and Trading Time] Binance has announced that the participation threshold for the GaiAi (GAIX) airdrop is 256 Alpha points, and claiming the airdrop requires consuming 15 Binance Alpha points. GAIX trading will begin today at 16:00 (UTC+8).

OKX-ETH/USDT is currently trading at $2998.69, with a 5-minute increase of 0.01%. Please be aware of market fluctuations.

[Meeting of the Coordination Mechanism for Combating Virtual Currency Trading and Speculation Held] Golden Finance reported that on November 28, 2025, the People's Bank of China held a meeting of the coordination mechanism for combating virtual currency trading and speculation. The meeting emphasized that virtual currencies do not have the same legal status as legal tender, do not possess legal repayment capabilities, and should not and cannot be used as currency in market circulation. Activities related to virtual currencies are classified as illegal financial activities. Stablecoins are a form of virtual currency and currently cannot effectively meet requirements for customer identification, anti-money laundering, and other regulations. They pose risks of being used for money laundering, fundraising fraud, illegal cross-border fund transfers, and other illicit activities. (People's Bank of China website)

[People's Bank of China Holds Meeting on Combating Virtual Currency Trading Speculation] On November 28, 2025, the People's Bank of China held a coordination mechanism meeting on combating virtual currency trading speculation. Relevant officials from the Ministry of Public Security, the Cyberspace Administration of China, the Central Financial Office, the Supreme People's Court, the Supreme People's Procuratorate, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Justice, the State Administration for Market Regulation, the National Financial Regulatory Administration, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange attended the meeting.