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Quick Take Summary is AI generated, newsroom reviewed. November saw $1.42 billion in Ethereum ETF outflows, a new record. Daily withdrawals were steady rather than from single large redemptions. Market volatility and profit-taking drove investor caution. Outflows highlight short-term concern but Ethereum remains a long-term investment option.References ETHEREUM ETF OUTFLOWS IN NOVEMBER WERE 3X LARGER
Quick Take Summary is AI generated, newsroom reviewed. A prominent "Bitcoin OG" trader closed a prior $44.15 million Ethereum long, locking in a $782,500 profit. The trader immediately flipped bearish, opening a 5x leveraged short position worth $15.04 million on $5,000 ETH. The short position, entered near $3,001, has a liquidation price of $sim$$5,056$, indicating extremely high risk. The quick, large, and leveraged flip suggests a tactical bearish shift in short-term sentiment toward the Ethereum market
- China's central bank reaffirmed its strict crypto ban and stablecoin warnings, emphasizing financial stability over speculative growth. - Regulators blocked ByteDance from using Nvidia chips in data centers, accelerating domestic semiconductor adoption amid tech self-reliance efforts. - The crackdown raises concerns about stifled innovation, as global investors monitor China's balancing act between regulation and AI competitiveness. - PBOC's focus on digital finance control aligns with broader goals to s
- Shiba Inu (SHIB) partners with TokenPlay AI to launch a Shiba-themed miniapp, pivoting to AI-driven utility and gaming to boost on-chain activity and holder engagement. - The initiative drives SHIB’s 4% price rise to $0.0000087, supported by infrastructure upgrades like Shibarium and Coinbase Derivatives’ upcoming SHIB futures listing on December 5. - Global crypto regulations tighten, with the UK’s CARF framework requiring transaction reporting from 2026, potentially impacting SHIB’s user behavior and i
- 06:58Analysis: Bitcoin mining difficulty expected to increase, miner profitability indicator hashprice drops to freezing pointChainCatcher news, according to Cointelegraph, Bitcoin network difficulty is expected to rise from approximately 149.3 trillion to about 149.8 trillion at the next adjustment, indicating that mining competition will further intensify. Meanwhile, the key indicator for measuring miner profitability, hashprice, has dropped to near record lows—daily revenue per PH/s is about $38.3, which is below the breakeven point for most miners. Industry analysis points out that this combination (rising difficulty + low hashprice) will further squeeze miners' profit margins; small miners or those with higher electricity costs may be forced to shut down, potentially accelerating industry reshuffling.
- 06:05Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node saleChainCatcher News, according to official sources, the decentralized RWA infrastructure project Infinite Galaxy Protocol has officially opened its Genesis Node purchase channel. The total number of nodes is fixed at 2,100, each priced at 1,000 USDT, and sales will end once sold out. Infinite Galaxy Protocol was initiated by Horizon Labs and aims to build the next-generation decentralized RWA trading system through a "compound yield mechanism + deflationary token system + liquidity engine." The project has attracted market attention due to its features such as fully on-chain transparent execution, no centralized authority, and continuous deflation. Node holders will receive multiple long-term benefits, including protocol dividends, token incentives, and priority for RWA ecosystem airdrops. It is worth noting that the official team has also launched a limited distribution of TRT Genesis Cards, which are only available to early participants, with limited quantities and on a first-come, first-served basis. With the launch of node sales, Infinite Galaxy's ecosystem has officially entered the launch phase. Users can follow official announcements for more information.
- 06:05HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocksChainCatcher reported that HyperLiquid co-founder Iliensinc clarified on Discord that Hyperliquid has never conducted any external financing, so there is no investor HYPE token unlocking. As of now, a total of 1.75 million tokens have been allocated to various team members, with different team members having different vesting arrangements and able to decide for themselves how to handle their unlocked tokens.