[Galaxy Releases Q3 Crypto Leverage Report: On-Chain Lending Hits Record High, Futures Liquidations Set New Record] Galaxy's Q3 2025 Crypto Leverage Report reveals that the total amount of crypto-collateralized loans surged to $20.46 billion, a quarter-over-quarter increase of 38.5%, reaching an all-time high of $73.59 billion. DeFi lending volume grew by $14.52 billion, reaching $40.99 billion. DAT total debt exceeded $12 billion, with $422 million added during the quarter. Futures open interest reached $187.79 billion at the end of September and peaked at $220.37 billion on October 6. A market crash on October 10 triggered forced liquidations of over $17 billion in futures positions, marking the largest single-day liquidation in history. Hyperliquid, Bybit, and Binance liquidated $10.08 billion, $4.58 billion, and $2.31 billion, respectively.
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More >美联储纪要影响降息预期,国际现货黄金暂守四千关口
[Fed Minutes Impact Rate Cut Expectations, International Spot Gold Temporarily Holds the $4,000 Mark] The Fed minutes have dampened market expectations for rate cuts, and international spot gold, after surging and retreating from its high, is temporarily holding the $4,000 per ounce mark.
ZEC空单巨鲸账户资金归零,曾遭7次连环清算
[ZEC Short Position Whale Account Liquidated to Zero After 7 Consecutive Liquidations] On November 20, on-chain AI analysis tool CoinBob detected that after ZEC's price returned above $680, the ZEC short position of a BTC whale (address 0x7b7), who had previously been liquidated for $97 million, experienced 7 consecutive liquidations in a short period and was completely wiped out, leaving the account balance at zero. Yesterday, this whale's ZEC short position was approximately $19 million, with unrealized profits peaking at $2.4 million. However, after stop-loss orders to close the shorts and minor rolling adjustments, the average price briefly dropped to $655. (This address belongs to a well-known player on Roobet and Stake.com.) Since transferring $7 million to Hyperliquid on November 6, the account has been actively trading. On November 17, during a BTC short position, a single liquidation of nearly $97 million occurred, briefly making it the largest BTC short position on Hyperliquid.
WLFI 将为受钓鱼攻击用户重新分配资金,需完成 KYC 验证
[WLFI to Reallocate Funds for Users Affected by Phishing Attacks, KYC Verification Required] WLFI announced that prior to the platform's official launch, some users experienced wallet breaches due to phishing attacks or mnemonic phrase leaks. WLFI stated that this incident was not caused by platform or contract vulnerabilities but was instead due to third-party security issues. The team has developed new contract logic, and users must complete KYC verification before assets can be reallocated to a secure new wallet. Wallets that do not submit applications or fail verification will remain frozen, and users can apply for recovery procedures through the customer service center. Emmett Gallic stated that World Liberty Fi has destroyed 166.67 million WLFI tokens (valued at approximately $22.14 million) from a wallet suspected of being compromised and has reallocated an equivalent amount of tokens to new secure addresses.
OKX Announces the Listing of Janction (JCT)
OKX has announced the addition of Janction (JCT) to multiple services, including futures contracts, officially launching on 2025-11-20 at 12:00 (UTC+8). Notes: - JCT perpetual contracts will officially launch on 2025-11-20 at 12:00 (UTC+8). - When the funding rate reaches the upper or lower limit, the settlement frequency will be adjusted to once per hour. - The leverage range is from 0.01x to 20x. Users should pay attention to risk management.
美国XRP现货ETF单日净流入1582万美元,HBAR净流入57.7万美元
[Single-Day Net Inflow of $15.82 Million for U.S. XRP Spot ETF, $577,000 for HBAR] On November 19 (Eastern Time), the Canary XRP Spot ETF (XRPC) recorded a single-day net inflow of $15.82 million, bringing its total net assets to $269 million, with an XRP net asset ratio of 0.22%. The Canary HBAR Spot ETF (HBR) saw a single-day net inflow of $577,000, with total net assets reaching $58.1 million and an HBAR net asset ratio of 0.96%. The Canary LTC Spot ETF (LTCC) had no net inflow, with total net assets standing at $7.74 million and an LTC net asset ratio of 0.11%.