AiCoin | November 8th Snapshot: Whale address 0x4AB7 bought a total of 13,100 ETH in one week; US Bitcoin spot ETFs saw a net outflow of $1.282 billion this week; Binance hackers exchanged $175 million worth of altcoins for approximately 2,300 Bitcoins.

Berkshire Hathaway shares rose more than 5% this week, while the S&P 500 fell 2.7% and the Nasdaq fell 3.4%.

1. The average length of time unemployed in the United States rose to 27.1 weeks in October, with the number of long-term unemployed reaching 2 million. 2. Whale address 0x4AB7 purchased a total of 13,100 ETH in one week. 3. ECB President Christine Lagarde stated that overall inflation in Europe rose to 4% in October, while core inflation remained stable. 4. The U.S. Treasury plans to repurchase up to $95 billion in Treasury bonds over the next three months. 5. Strategy's Stretch raised $2.521 billion to purchase 21,000 Bitcoins. 6. US Bitcoin spot ETFs saw net outflows of $1.282 billion this week. 7. Binance hackers exchanged $175 million worth of altcoins for approximately 2,300 Bitcoins. 8. Bitcoin mining difficulty remained below its historical peak for 374 consecutive days, setting a new record. The above is a selection of trending topics from the past 24 hours. Click to read the full article: https://www.aicoin.com/article/556336

[ETH saw a regular order book of $31.51 million, with each order spaced $50 apart.] Unusual fund distribution in key zones hints at probing or contention. Further actions remain unclear.

The European Commission, at its 10th high-level EU sanctions meeting, decided to establish a sanctions office and, within it, a cryptocurrency working group to address Russia's use of digital assets to circumvent sanctions. The working group is expected to operate for 12 months, with support from Ukraine and the UK. The sanctions office will coordinate member states in implementing sanctions, covering policy design, implementation, enforcement support, and anti-circumvention efforts. The working group will target networks including the A7A5 digital ruble stablecoin, which has a trading volume exceeding $100 billion. (Source: Bitcoin.com News)

JD Vance leads Polymarket's 2028 U.S. presidential election predictions with a 19% chance of winning, followed closely by Jon Ossoff with an 18% chance of winning. The market has a trading volume of over $735 million.