A high-win-rate address reduced its short position by 123.51 BTC, resulting in a net reduction of $9.33 million.

Coinbase has launched a Morpho-backed PAXG collateralized lending service in the United States (excluding New York State) and Canada. Service availability and terms vary by jurisdiction and are subject to eligibility and market conditions; interest rates are variable and subject to change. Loans involve risks, including potential liquidation of collateral; Coinbase does not provide tax, legal, or investment advice.

Arbitrum's on-chain stablecoin market capitalization increased by $43.6 million in 24 hours, ranking first among public chains. During the same period, TRON, XRP Ledger, and Aptos saw their stablecoin market capitalization increase by $28.3 million, $26.2 million, and $22.5 million, respectively.

Berkshire Hathaway purchased approximately 106 million shares of Alphabet stock in June at around $350 per share, for a total investment of approximately $10 billion. Due to Alphabet's stock price falling by more than 24% since June, Berkshire Hathaway's holdings have suffered a paper loss of approximately $3 billion. In addition, Berkshire Hathaway invested $930 million in Bending Spoons, an investment that has recently declined. Berkshire Hathaway Class A shares rose to a record high of approximately $875,000 on Thursday, up about 16% over the past month. As of the end of the second quarter, the company held approximately $365.5 billion in cash and related liquid assets.

Maxine Waters, the ranking Democrat on the House Financial Services Committee, announced her candidacy for the committee's chair and stated that she would push for legislation to stop President Trump's crypto corruption, establish rules for crypto companies, and regulate platforms such as prediction markets. Maxine Waters, who has served as the committee's ranking Democrat since 2013, faces a challenge from Representative Sean Casten in this election, while Representative Bill Foster is also considering running. (Source: POLITICO)

[Bitcoin briefly dips below $75,000, hitting a low of $74,700] On November 6th, according to Coinbase trading data, Bitcoin briefly dipped below $75,000. Coinbase's BTC-USD spot trading pair one-minute price chart shows a low of $74,722 at 23:05.