[Coinbase to Conduct Internal Wallet Migration for BTC and ETH] Coinbase officially announced that it will carry out internal wallet migration for BTC and ETH assets, transferring funds from old wallets to new wallets. Some wallets have already been flagged by most blockchain analysis platforms. This migration is expected not to affect any product services, and user deposit addresses will remain unchanged. However, users are reminded to stay vigilant against impersonation and fraud.

[Coinbase Announces Wallet Migration, Large On-Chain Transfers Are Planned Operations] On November 22, Coinbase officially announced that wallet migration will begin in 30 minutes. During this period, large on-chain transfers between wallets may occur, which are planned operations aimed at maintaining the highest security standards. During the migration, users' transactions, sending and receiving of crypto assets will not be affected, and deposit addresses will remain unchanged.

On chain monitoring shows that a giant whale is nearing liquidation of its lending position due to the recent deep correction of BTC. Today, it cleared 700 WBTCs with a loss of 21.68 million US dollars. The whale borrowed USDT leverage from Aave from May to July to purchase 700 WBTCs, valued at $81.62 million at the time, with an average price of $116603; After BTC recently fell back to $80000, he transferred all 700 WBTCs to Binance at a price of $85628 and withdrew USDT for repayment. (Ashes)

[Trump Administration Prepares Tariff Backup Plan in Response to Court Ruling] The U.S. Supreme Court may overturn a key tariff authorization, and the Trump administration is preparing backup plans to reinstate tariff measures. According to U.S. officials, the Department of Commerce and the Office of the U.S. Trade Representative are exploring alternative plans, including initiating tariffs under Sections 301 and 122 of the Trade Act, which grant the president unilateral authority to impose tariffs.

[The U.S. White House Prepares Tariff Alternatives Ahead of Court Ruling] On November 22, the U.S. White House prepared tariff alternatives ahead of the court ruling.