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Gold has continued to surge to record highs, boosted by geopolitical tensions.This is an excerpt from The Block’s Data & Insights newsletter.
This past weekend, assets dipped as traders briefly recalibrated their portfolios amid the conflict in the Middle East.Most assets seemed to have hit a relative bottom towards the end of Saturday.This is an excerpt from The Block’s Data & Insights newsletter.
Almost 800 million SHIB tokens were removed from circulation in the last seven days.
Pseudonymous contributor to Ore, @HardhatChad, took to X to announce the project would pause mining amid increased congestion on the Solana network. He also said that v2 of Ore should be ready in the coming weeks.
Many analysts are looking at how the cryptocurrency’s inflation rate will compare to gold’s after the halving, expected on April 19.
Regulators in South Korea, Japan and Singapore could follow Hong Kong’s lead as Asia responds to spot bitcoin ETF approval in the US
Ether derivatives market conditions could amplify the asset’s near-future price movement, analysts say.Ether risk reversal trades suggest a pessimistic expectation regarding the asset’s short term price performance, analysts added.
Bitcoin derivatives traders go from de-risking to "clear pessimism," but large-volume hodlers are in no hurry to bow to BTC price pressure.
- 10:38A certain INJ whale cashed out 7.39 million USD, causing a price drop of 7.7%, and made a profit of over 15 million USD in 3.5 yearsOn November 28, Spot On Chain monitoring showed that a long-term holder of Injective ($INJ), also known as a whale, sold 243,699 $INJ in the past 12 hours, worth about $7.39 million, causing the price to drop by 7.7%. This whale accumulated most of its $INJ between February 2021 and July 2022 at an average price of $10.92 and sold it at around $35.9 during two peaks in 2023 and 2024, realizing a total profit of approximately $15.21 million with a return rate reaching up to twice or more than their initial investment over a holding period of three-and-a-half years.
- 10:15K33 Research Director: VolatilityShares now holds more than half of the unsettled ETH contracts at the Chicago Mercantile ExchangeOn November 28, according to data shared by Vetle Lunde, the director of K33 Research, demand for leveraged ETH exposure has surged since November 5. The ETH equivalent exposure of VolatilityShares' 2x leveraged long ETH ETF increased by 278,150 ETH, an increase of 160%. As of now, VolatilityShares accounts for 50.1% of the open interest (OI) in CME's unsettled ETH contracts.
- 09:57Yesterday, the net inflow of Ethereum ETF spot in the United States was 90.10 million US dollarsOn November 28, according to Farside monitoring, the spot Ethereum ETF in the United States had a net inflow of 90.10 million US dollars yesterday, achieving a net inflow for four consecutive trading days.
