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The on-chain analysis platform Bubblemaps stated that it recently investigated four crypto KOLs and found that their wallet movements do not completely align with their public narratives. The conclusions are based on Bubblemaps' analysis and estimates. Regarding "Kimchi," which was launched in collaboration with Pump.Fun, there were rumors in the community that it earned about 40 million dollars on TRUMP. Bubblemaps estimated related profits to be about 6 million dollars based on its publicly available airdrop wallet and associated clusters, questioning the reasons for concealing the associations.For Solstice, Bubblemaps stated that the multiple meme coins it promoted showed dozens of new wallets buying in simultaneously, each holding about 0.5% to 1% of the supply, and the public wallets can be traced back to the token deployer.For Anglio, after analyzing about 534 posts in October, the platform noted that associated wallets bought in an average of about 20 seconds before approximately 61% of the calls and sold quickly afterward, estimating profits of about 130,000 dollars, and he has admitted to using such tactics.For 0xEthan, Bubblemaps stated that he often sells about three minutes after making a call, with public wallets and secret side wallets buying in simultaneously, estimating related profits of about 125,000 dollars.

Some observers of the Federal Reserve believe that Trump's strong opposition from voters in the midterm elections may alleviate the political pressure faced by Federal Reserve Chair Waller, allowing him to reduce political interference and focus on controlling inflation. Voters have listed the cost of living as one of their top concerns, fundamentally changing the political landscape surrounding the Federal Reserve.Since Trump's re-election in 2024, he has been exerting pressure on the Federal Reserve and its interest rate decisions, repeatedly calling for rate cuts, supporting an unprecedented criminal investigation into the renovation of the Federal Reserve's office building, and attempting to remove a sitting Federal Reserve governor. Against this backdrop, Trump chose Waller to lead the Federal Reserve in May of this year, after Waller had unusually shifted to support rate cuts. This has raised concerns among Democrats, who fear that the new chair may have agreed to adjust monetary policy according to the president's wishes.Claudia Sahm, Chief Economist at New Century Advisors, stated that in fact, if the election results prompt Trump to end the conflict with Iran and abandon further tariff increases, the Federal Reserve may not need to raise interest rates again at all.

The state of Arkansas in the United States has filed a lawsuit against the prediction market platform Kalshi, demanding that it cease the alleged illegal gambling activities. The state seeks compensation, recovery of unpaid taxes, and civil penalties in the lawsuit.Meanwhile, Kalshi continues to advance its federal appeal regarding the enforcement issues of gambling laws in various states.

According to the market information platform Liquid247.xyz, the current price of BTC is $80,536. The thickest order book is on Binance spot: sell orders amount to $14,199,500, buy orders amount to $8,657,200, with sell orders exceeding buy orders by $5,542,300.Coinbase's spot sell orders are also thicker than buy orders, but the scale is smaller than that of Binance spot. If a large buy or sell order suddenly appears, exchanges with thinner order books will be affected first, and price fluctuations will be more pronounced.

According to on-chain analyst Yu Jin's monitoring, a certain whale has liquidated a long position in CL worth 44.04 million dollars in the past 10 minutes, incurring a loss of 4.9 million dollars.This whale started to go long on crude oil a month and a half ago, gradually increasing its position to 148 million dollars; after a 14% drop in crude oil prices this week, the unrealized loss reached 15.08 million dollars. Currently, this whale still holds a long position in BRENTOIL worth 94.79 million dollars, with an unrealized loss of 8.35 million dollars.

Investor Serenity (@aleabitoreddit) posted that the current market deleveraging has become quite severe, with investors indiscriminately selling stocks related to the AI industry chain. Some companies' stock prices have even fallen back to levels before significant orders and performance expectations were realized.Serenity cited the storage chip company ESMT as an example, noting that the company has a market capitalization of about $2 billion, achieving a gross profit of $526.2 million and a net profit of $330 million in the third quarter, with net assets of approximately $937 million, of which net cash is about $740 million. Based on current performance annualized, its price-to-earnings ratio is only about 1.6 times. Despite ongoing market concerns about the cycle peaking, unsustainable profits, and lack of competitive barriers, the trend of DDR2 and DDR3 production lines exiting is tightening supply, and ESMT expects to hedge against declining consumer demand in the fourth quarter by raising product average prices.Serenity also pointed out that manufacturers like Samsung and Micron are gradually exiting DDR2 and DDR3 production lines, and Nanya Technology has also stopped related production lines, while ESMT's revenue mainly comes from these two types of storage products. It believes that the market underestimates the price support brought by the contraction of traditional storage supply and ignores the situation where Micron, Samsung, SK Hynix, and SanDisk are locking in profitability through long-term supply agreements and price floors. Serenity criticized that the market is selling off AI and storage industry chain companies that actually generate substantial cash flow while shifting funds to companies like Walmart, which has a price-to-earnings ratio of about 47 times, and CrowdStrike, which has a forward price-to-earnings ratio of about 180 times. The current focus is not on the actual free cash flow generated by companies but rather on indiscriminate selling.

According to SubConnect, its latest Bittensor revenue index shows that the annualized revenue generated by the subnet in the Bittensor ecosystem has risen to approximately 70 million USD. Last month it was about 50 million USD, and two months ago when the index was first released it was about 35 million USD, with a month-on-month growth rate of approximately 40%.

According to a case published by the People's Court of Fusui County, Guangxi, in 2020, a couple in their seventies, referred by an acquaintance, participated in an overseas virtual currency mining machine financial management project, initially investing 4,200 yuan and successfully recovering the principal, followed by additional investments of over 60,000 yuan.In December 2020, the involved platform was shut down, and the funds could not be withdrawn. In early 2026, the couple sued the investment introducer and the actual operator, demanding the return of all investment funds and interest.The court found that the virtual currency investment behavior involved violated relevant financial regulatory provisions and contravened public order and good morals, rendering the entrusted financial management contract invalid. The investment losses primarily stemmed from the illegality of virtual currency trading itself and platform risks, rather than being directly caused by the actions of the trustee. Based on this, the court dismissed the plaintiff's lawsuit, and the second instance upheld the original judgment, which has now taken effect.

According to the Economic Times, Prabhjeet Singh, Managing Director of OpenAI India, stated that India has become the largest market for ChatGPT globally in terms of weekly active users, with the number of local users doubling since January this year. Singh joined OpenAI in August this year, marking his first media interview since joining.Singh mentioned that OpenAI expects to release announcements related to the Unified Payments Interface (UPI) and payments in the coming weeks, as enterprise clients transition from pilot and demonstration phases to large-scale production deployment. Addressing concerns about the potential misuse of autonomous AI entities, Singh stated that OpenAI is collaborating with government agencies and businesses to protect critical infrastructure.

A trader has been liquidated multiple times in the past 7 days, involving positions exceeding 52.5 million dollars, and currently still holds about 5.54 million dollars in BTC short positions.

CryptoQuant analyst Darkfost stated that on-chain data shows that the "seller exhaustion model" indicator for Bitcoin has dropped to its lowest level since the bear market began. This model measures whether sellers still have enough chips to continue pushing prices down by comparing the market's profitable supply ratio with the average monthly volatility.As BTC has corrected more than 10% from its previous high, short-term profit-taking in the market has basically concluded, and selling momentum has significantly weakened. Historically, this sharp decline in selling pressure typically aids in the formation of market bottoms. The analyst also warned that reduced selling pressure does not equate to an immediate market rebound. The current core contradiction lies in the fact that although sellers have calmed down, the market still lacks sufficient "new demand" to drive prices upward. Until substantial buying capital returns, Bitcoin's upward potential remains limited.

According to monitoring by Lookonchain, a newly created wallet withdrew 521,501 UNI (3.69 million USD), 915,747 MORPHO (1.95 million USD), and 10 million ARB (1.54 million USD) from Bybit.

According to the Science and Technology Innovation Board Daily, on November 4, 2026, the IPO guidance public announcement system on the official website of the China Securities Regulatory Commission showed that the Hong Kong-listed company Xizhi Technology (1879.HK, Shanghai Xizhi Technology Co., Ltd.) submitted an A-share IPO guidance filing to the Shanghai Securities Regulatory Bureau, with Guotai Junan as the guiding securities firm.Xizhi Technology was established in February 2018, with its registered location in Zhangjiang, Shanghai. Its main business is the research and development, and sales of optical interconnection and optical computing products. In 2025, the company achieved an operating income of 106 million yuan, with a net profit attributable to the parent company of -1.342 billion yuan. As of the close of the Hong Kong stock market on November 3, the company's total market value was approximately 14.7 billion Hong Kong dollars.

According to the market information platform Liquid247.xyz, the current price of ETH is $2,266.13. The thickest order book is on Binance spot: buy orders amount to $9.0174 million, sell orders amount to $7.0547 million, with buy orders exceeding sell orders by $1.9626 million.Binance perpetual and Coinbase spot buy orders are also thicker than sell orders, but on a smaller scale. If a large buy or sell order suddenly appears, exchanges with thinner order books will be affected first, and price fluctuations will be more pronounced.

According to OnchainLens monitoring, Yeti0x exchanged approximately 2.49 million dollars of kHYPE for HYPE and transferred it to Hyperliquid, then began selling in the spot market.

According to The Block citing News1, Kim Min-seok, the leader of South Korea's ruling Democratic Party, stated that he has officially proposed to the government to postpone the cryptocurrency income tax. This tax law was originally set to take effect on January 1, 2027.During a party meeting, Kim Min-seok mentioned that South Korea should first establish the "Basic Law on Digital Assets," which serves as a legal framework for cryptocurrency, allowing businesses and investors to adapt before taxing cryptocurrency gains.

According to The Block citing the Korean Central News Agency, Kim Yo-jong, the Minister of the Workers' Party of Korea, issued a second statement regarding the Binance hacking incident, stating that North Korea is willing to engage in dialogue, but this may not necessarily align with national interests.Kim Yo-jong is the sister of North Korean leader Kim Jong-un. She previously criticized the United States for blaming North Korea for the $6.3 billion Binance vulnerability incident.

According to CoinGlass data, in the past 24 hours, a total of 96,160 people were liquidated across the network, with a total liquidation amount reaching 396 million USD. Among them, long positions accounted for 322 million USD, or 81.3%; short positions accounted for 73.9155 million USD, or 18.7%.By cryptocurrency statistics, the liquidation amount for Bitcoin was approximately 107 million USD, with long positions accounting for 82.4%; the liquidation amount for Ethereum was approximately 59.9064 million USD, with long positions accounting for 66.0%; the liquidation amount for other cryptocurrencies was approximately 52.3833 million USD, with long positions accounting for 81.8%.The largest single liquidation in the past 24 hours occurred in the BTCUSDT trading pair on Binance, valued at approximately 8.7809 million USD. Binance accounted for 48.6% of the total liquidation amount across the network.