I’ve got a brilliant idea that could not only save the dying DATs narrative but also amplify the narrative around MEME-paired tokenized stocks. The end result might not necessarily be a 'short squeeze on Wall Street' financial game, but rather a closed-loop operation to rescue crypto-native tokens: Take @fundstrat's Bitmine as an example—the general logic goes like this: Retail investors buy meme → Pair with BMNR tokenized stocks → BMNR on-chain gets bought out → Issuers mint new tokens and buy spot stocks on NYSE → BMNR stock price rises → BitMine ATM raises more funds → Continues buying ETH → ETH price rises, staking yields increase → DAT narrative revived, and crypto money ultimately flows back into crypto-native assets. Note: The above idea hasn’t been tested against BMNR’s actual mNAV misalignment, nor does it consider whether there’s enough actual buying power—it’s purely a logical deduction. If any 'conspiracy groups' happen to see this, feel free to give it a shot. Isn’t this way more meaningful than the Boner/MEME-led Wall Street short squeeze narrative, if it’s feasible? (There are quite a few low-liquidity DATs out there—I’ve got one that’s been drained by 95% ) Of course, if you feel honored to 'adopt' this idea, please remember to airdrop me some first . Thanks, crypto overlords! After all, unlike the pure Wall Street short squeeze game that just funnels money into U.S. stocks, this closed-loop experiment, if successful, could go down in history as a major rescue for crypto! (Maybe it’s just wishful thinking, meant to give you a laugh, but let’s find a way to help out Tom Lee and the ETH soldiers!)
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More >LayerZero integrates with AnubisChain and lists OFT, the standardized protocol token.
LayerZero has completed its integration with AnubisChain, and the OFT standardized protocol token has been launched simultaneously. This integration supports asset interoperability between AnubisChain and the multi-chain ecosystem, enabling ecosystem projects to build cross-chain assets based on the OFT standard, achieving multi-chain issuance and unified asset management.
JPMorgan Chase projects Bitcoin's annualized return to be 10%, higher than other asset classes.
JPMorgan Asset Management has included Bitcoin in its 2027 long-term investment assumptions, projecting a compound annual return of 10%, higher than the 7.5% return of US large-cap stocks, 9.8% of private equity, 7% of a 60/40 stock/bond portfolio, and 5.5% of gold. The estimated correlation between Bitcoin and US large-cap stocks is 33%. JPMorgan Chase projects Bitcoin's annualized volatility at 55% and excludes it from its primary portfolio models due to its unstable correlation with other assets. JPMorgan describes Bitcoin's investment characteristics as a speculative asset and notes that its portfolio allocation role is related to monetary easing, with adoption, regulation, and liquidity all influencing its economic characteristics. (Source: Bitcoin.com News)
More than $430 million flowed out of the US spot BTC ETF market.
According to AiCoin monitoring, a large amount of funds flowed out of the US spot BTC ETF market yesterday, with a net outflow of up to $430 million. Among them, FBTC had the largest outflow, with a net outflow of $200 million in a single day; followed by IBIT, with a total of $105 million. According to AiCoin's "Spot BTC ETF Tracking" live trading strategy, there is a significant positive correlation between ETF fund inflows and BTC prices. You can subscribe to indicators to enable the program to automatically place orders based on fund flows. Data is for reference only.
A whale holding 30,000 ETH in short positions has a floating profit of $1.59 million.
A certain whale currently holds 30,000 ETH short positions, worth $66.9 million, with an average opening price of $2,283 and a floating profit of $1.59 million. After the Binance hack, the whale closed out long positions worth over $100 million, making a profit of $17.78 million, and then opened a short position of 20,000 ETH; yesterday afternoon, it added another 10,000 ETH to its short position at $2,430.
Hyperliquid Whale Long Position Changes: Net Increase in Hynix and Nasdaq 100
From the opening of the US stock market last night until noon on November 6, 159 addresses on Hyperliquid added a large amount of long positions of approximately $295 million across 27 assets, while reducing their holdings by approximately $252 million, resulting in a net increase of approximately $43.17 million in long positions. In the storage sector, SK Hynix saw a net increase of approximately $36.43 million in its holdings, SanDisk saw a net increase of approximately $14.05 million, and Micron saw a net decrease of approximately $7.75 million. In terms of individual stocks, Circle saw a net increase of approximately $21.91 million, while Apple experienced a net decrease of approximately $46.01 million. Meta, Nebius, and AMD also saw net decreases in holdings. In terms of indices and ETFs, the Nasdaq 100 saw a net increase of approximately $29.77 million, while the S&P 500 saw a net decrease of approximately $9 million. Address 0xefe4… maintained a long position of approximately $15.5 million in SanDisk, and address 0x72655… increased its holdings in Circle by approximately $22.28 million.