[The People's Bank of China Conducts 375 Billion Yuan 7-Day Reverse Repo Operation] The People's Bank of China conducted a 375 billion yuan 7-day reverse repo operation today, with both the bidding amount and the transaction amount at 375 billion yuan. The operation rate was 1.40%, unchanged from the previous rate. According to iFinD data from Tonghuashun, 212.8 billion yuan of 7-day reverse repos are set to mature today.

According to on chain data, a whale who previously shorted CZ's ASTER holdings has recently turned to long ETH and XRP after shorting ASTER, with a total open value of nearly $300 million. At present, its multi order worth 261 million US dollars has incurred a floating loss of 31.84 million US dollars, and the multi order clearing prices of ETH and XRP are 2528 US dollars and 1.55 US dollars, respectively. (Ashes)

[QLGN Renamed to AIxCrypto, to Launch Stock Tokenization Business] Faraday Future announced that QLGN, a Nasdaq-listed company strategically invested in by FFAI, has been renamed to AIxCrypto (AIXC) and unveiled three new core business areas. AIXC will launch stock tokenization RWA (Real World Asset) business, with the first project being the tokenization of FFAI's stock. The company plans to purchase $5 million worth of FFAI stock through an independent third party to assist Faraday Future in achieving Web3 financing at a lower cost.

[Whale Who Previously Shorted 66,000 ETH Buys $163 Million Worth of ETH Again, Total Holdings Exceed 430,000 ETH] On November 21, according to monitoring by OnchainLens, the whale address that previously shorted 66,000 ETH has once again purchased $162.77 million worth of ETH from Binance and deposited these ETH into Aave V3. Five days ago, this entity had deposited 70,000 ETH (worth $222.72 million) into Binance. Currently, the address holds a total of 432,718 ETH, which is approximately $1.23 billion based on market price.

[Coinbase Prime Custody Transfers 27,122 ETH, Total Value Approximately $88.6 Million] According to Arkham data, between 08:54 and 08:57 (UTC+8), Coinbase Prime Custody transferred a total of 27,122 ETH to multiple anonymous addresses, with a total value of approximately $88.6 million.