An address reversed its ETH position from a long position of 1010.24 ETH to a short position, currently holding 1406.37 ETH in short positions, with a position value of approximately $3.16 million. This address's contract account has accumulated profits of approximately $40.97 million. Within the window, approximately $4.22 million worth of ETH long positions were closed, and approximately $5.17 million worth of ETH short positions were opened. Address: 0xfc66…7ca06; Total Profit/Loss: Profit of approximately $40.97 million.

On November 5th, Hyperliquid's priority fees reached a record high of $521,000. This revenue accounted for 12.7% of the platform's total daily revenue, also a record high. During the US stock market crash, on-chain liquidation bots, arbitrageurs, and traders paid the aforementioned additional fees to validators or protocols in order to compete for priority in transaction processing.

[Solana Lending Protocol Loopscale Partially Restores Lending Functionality] Solana's lending protocol, Loopscale, has restored collateral replenishment functionality for all loans, as well as repayment functionality except for USDC Genesis vault-funded loans. Borrowers can retrieve their collateral after repaying their loans, but USDC Genesis vault-funded loans, vault withdrawals, and other protocol functions remain restricted. Loopscale identified and contained two attack paths: one where a misconfigured pricing parameter allowed attackers to obtain approximately $412,000 in undercollateralized loans from the SOL Genesis vault; and another involving inflating the net asset value of the USDC Genesis vault through extremely high-interest loans, resulting in approximately $521,000 in disproportionate redemptions, which the system blocked within 30 seconds of the transaction being generated. The protocol states that user deposits will not be lost, and restoring normal operations requires first determining the full scope of the attack activity and strengthening security measures. (Source: The Defiant)

[Avalanche Chain DAI.e Price De-pegged, Rising to Approximately $1.10] The bridge token DAI.e on the Avalanche chain has experienced a price de-pegged event, rising to approximately $1.10 in active Avalanche decentralized exchange liquidity pools, about 10% higher than its $1 peg price.

Michael Saylor called the day when the S&P 500 fell 4.4% and Bitcoin fell about 5% a rare 4σ day. STRC closed at $99.56, 44 cents below par.