flyawei

Damn, it really is the bold who thrive and the timid who starve. This short position, $BMT , has been going since October 20 without a break, paying funding fees 192 times in a row.

On Binance perpetuals, the funding rate hasn’t turned positive once since that midday settlement, and the short has paid out about 22.8% in total. The price was hovering around 0.0184 then; today it hit an intraday high of 0.03248, up by roughly 70%. It’s still up about 24% over 24 hours, with a trading volume of around 172 million U and about 1.7 million trades. The shorts keep paying funding, while the price keeps climbing.

Just looking at it makes my palms sweat. With this kind of pace in the futures market, the shorts have barely had a chance to catch their breath.

Newbies are advised to watch more and trade less. If you’re buying crypto, only buy $BTC .

That’s incredible, incredible—I’m impressed by this move. $CLANKER just got a new CEO and surged about 34% in 24 hours.

Around 3 a.m. Beijing time today, someone posted a long thread saying they’d taken over as CEO of Clanker and planned to launch a Reboot. It’s a token-launching bot platform on Base. The new team taking over plans to refresh the brand, add stock trading pairs, expand to multiple chains, and rebuild trust.

On Binance perpetuals, the current price is around 15. It hit a 24-hour high of 16.77 and a low of 11.16, with trading volume of about 129 million U. It was still hovering around 11 yesterday afternoon, and now it’s shot up in one go—the futures market is buzzing.

We’ve seen plenty of leadership changes and reboots like this in crypto. Whether they can really revive the project remains to be seen; it’ll depend on how the product rollout goes. For now, let’s just note this surge.

Beginners are advised to watch more and trade less. If you’re buying crypto, stick to $BTC

Whoa, that’s a lot to take in. $ZEC was still hovering around 1124 at 5 p.m. yesterday, but by 4 p.m. today it had already hit 1295—a roughly 14% gain in 24 hours. Futures trading volume surged past 2.4 billion U.

The broader market only rebounded about 2% today, while this one went on a tear all by itself. I had to dig around before I figured out why: Zcash’s NU7 upgrade is about to go live on mainnet. Activation is set for block 3543405. The development team is targeting around November 5, while some node clients estimate it’ll happen around 9 a.m. Beijing time on November 6.

This is a pretty major change. Block times are being cut from 75 seconds to 25 seconds, making confirmations three times faster. 60% of every transaction fee will be taken out of circulation, and there’s also a new mechanism to recycle some fees into future block rewards. Old nodes that haven’t upgraded will be kicked off and end up on a separate chain, so mining pools and nodes are rushing to update over the next few days.

The chart isn’t quite as pretty. It surged to 1397 on October 29, then crashed back to 1223 that same day. On November 2, another red candle closed at 1135. Yesterday, it dipped to 1120 intraday, and today’s green candle has only just made back the losses from November 2. We’ve seen the “buy the rumor before the upgrade, sell the news afterward” playbook plenty of times in crypto.

When that block actually goes live, will it keep climbing, or dump right after launch? Tell us which side you’re on in the comments.

Beginners, take it slow and do more watching than trading. If you’re buying crypto, stick to $BTC

I’m honestly amazed—who knew you could play it like this? AMD’s earnings just came out in the U.S. stock market, and someone on Solana casually launched a dog coin called AMD. Its market cap hit $3.67 million in just two hours 😂

A little after 5 a.m. Beijing time today, AMD reported a monster quarter: revenue of $13.38 billion, up 45% year over year, and its share price surged around 8% after hours. Not long after, a coin called A Meme Dog popped up on pump.fun, with the ticker AMD too—running smack into the real stock’s name.

When it started trading around 5:30, its market cap was about $50,000. By 7:30, it had touched a high of roughly $3.67 million—about a 75x gain from the top. Around then, a bunch of accounts on Twitter were copy-pasting the same shill posts, showing screenshots of a few thousand bucks turning into tens of thousands.

The hype didn’t last long. A little after 2 p.m., its market cap briefly fell to around $950,000, nearly 75% off the peak. It’s now hovering around $1.43 million, and trading volume across several pools has topped $13 million over the past 24 hours.

The earliest buyers made more than 50x in the time it takes to eat breakfast. Those who only spotted the screenshots after 7 and chased in are probably still stuck halfway up the mountain. The moment U.S. stock earnings drop, even dogs on-chain want a piece of the action. Things really are moving faster and faster.

Beginners are advised to watch more and trade less. If you buy crypto, just buy $BTC

Whoa, this situation has me a little stunned. An address held an Intel long for 118 days, then this morning it got completely liquidated on-chain in one go, losing about $1.82 million 😂

This wallet trades U.S. stocks on on-chain perpetuals. It opened an Intel long around $100 in July, then kept adding to the position as the price continued to fall. After several additions, its average entry price was down to $94.28.

Last week, Intel issued a pretty ugly outlook, and the stock fell from $92 to around $60 in just two trading days. The wallet held about 50,900 contracts, with a notional value of roughly $2.98 million. At around 9:30 a.m. Beijing time today, the price hit $58.44 and the system force-closed the entire position, resulting in a loss of 38%.

What stings even more is that it also has a Micron long position. The entry price was $927.34, and the price is now around $837, leaving it with an unrealized loss of about $590,000. It’s now just a little over 6% away from its liquidation price of $783.87.

And it’s not alone. In the past 24 hours, at least five accounts have had their U.S. stock and commodity positions on-chain liquidated, for a combined total of about $7.76 million. One address on Nasdaq 100 has been partially liquidated four times between yesterday afternoon and today.

Moving U.S. stocks on-chain means you can use leverage even in the middle of the night on weekends. Sounds pretty exciting, but when stocks tank, they’re no gentler than altcoins. After holding one stock for four months, one big red candle wiped it all out. Just seeing it is exhausting.

If you’re new, it’s best to watch more and trade less. If you’re buying crypto, just buy $BTC

Oh no, this world is fucking crazy. Someone borrowed $143.6 million just to siphon $110,000 from a tiny pool 😂

An incident surfaced on-chain this morning: a small project called CoreVault on BNB Chain had an InsurancePool attached to it, meant to provide a safety net for depositors.

The attacker first took out a flash loan of roughly $143.6 million in WBNB. They used the funds to make a series of huge swaps in the pool, forcibly skewing the price. The contract used that exact spot price when processing redemptions, inflating the payout by nearly 33 times. The insurance pool coughed up 260.21 BNB in one go, worth around $180,000 at the time.

Then the attacker reversed those swaps, repaid the flash loan with interest, and wrapped it all up in a single transaction. After costs, they pocketed about 160.26 BNB—roughly $110,000, not counting gas.

The insurance pool lost even more, with nearly $180,000 flowing out. It was called insurance, but ended up as someone else's ATM. Pretty ironic.

The $143 million principal was in their hands for only a few seconds: borrow, dump, withdraw, repay. They barely had to spend any of their own money. Projects keep falling into this trap every so often, using prices that can be easily manipulated as their reference price. After reading this, I really feel for the people who deposited their money.

Newbies should do more research and trade less. If you're buying crypto, stick to $BTC

Holy crap, this guy is seriously bold… The company isn’t going public for another two weeks, and he’s already gone short for over $25 million 😂

The company behind Claude is expected to go public in about two weeks, with a valuation of around $1.75 trillion. There have been two pre-IPO perpetual contracts on-chain for a while. One is priced based on valuation and is currently around 1767, corresponding to roughly $1.77 trillion.

One wallet has opened shorts on both contracts, using 6x isolated margin on each. The valuation-based position is around $20.14 million, with an average entry price of 1855.78; the stock-price-based position is around $5.54 million, with an average entry price of 113.19. Combined, they’re worth about $25.68 million, with roughly $1.07 million in unrealized profit at the moment.

The valuation-based contract has only around 57,000 contracts in open interest across the whole market, and he alone holds about 11,400—nearly 20%. He’s still adding in small increments today. In the stock-price-based contract, he added another 1,600 or so contracts in the past hour.

The liquidation price isn’t exactly close, either. The valuation-based contract would have to rise to around 2514 to liquidate him, which means another roughly 42% increase. But this is a company that hasn’t even gone public yet—no one knows which way the price will jump on opening day.

Looks like he thinks $1.75 trillion is way too expensive and is willing to put eight figures of real money on the line against the whole market. If it opens low on listing day, he’ll be the earliest bear; if it opens high, he’ll have to tough out the hit on this $25 million position.

Beginners are advised to watch more and trade less. If you buy crypto, just buy $BTC

Damn, getting up this early and seeing hackers at it again. There really is money everywhere in this space. If I were a hacker, I’d work hard too 😐

https://x.com/flyiiawei/status/2117758947679711608
Beginners should watch more and trade less. If you’re buying crypto, only buy $BTC .

NEWS DAILY · Daily News
2026.11.04 Wednesday

🧭 Crypto Market

1️⃣ BTC and the midterm elections: Around election day, BTC repeatedly tested the $76,000–$78,000 range and briefly fell below $77,000, hitting a one-month low. Several analysts pointed out that the $75.8k–$76k realized price for short-term holders provided support, prompting a rebound. $79k is key resistance overhead, while the longer-term outlook remains bullish.

2️⃣ The CFTC was sued after approving single-stock perpetual futures. The plaintiffs argue that these should fall under the SEC’s jurisdiction. What was supposed to be good news has hit another snag—the officials saw crypto as a juicy prize and immediately dropped the pretense, going straight to a turf war.

3️⃣ Binance is making progress on restoring withdrawals, with withdrawals for more assets becoming available (including ETH and SOL across multiple chains). Binance also released its investigation report on the recent hack. I think this was a very good move, serving as a warning to other institutions and exchanges.

4️⃣ The number of PEPE holders has surpassed 600,000. Including cross-chain addresses, the total number of holders has grown further, seen as a sign of long-term organic growth for meme coins (“the frog leaps again”). It remains a bright spot amid a sluggish market.

5️⃣ BitGo is offering Bitcoin staking to eligible custody clients through Stacks (the assets remain in custody). Brazil’s Mercado Bitcoin disclosed a security incident involving around $38 million, pledged to fully reimburse users, and suspended withdrawals. I wonder how the scam in Brazil happened—could it have been a private key leak?

📌 U.S. Stock Market

1⃣ The three major indexes posted mixed results on election day: the Dow fell nearly 200 points, while the Nasdaq rose 0.83%. Semiconductor stocks rebounded across the board (Nvidia +2.29%).

2⃣ Apple’s earnings missed expectations, making it the biggest decliner despite the broader market trend. AAPL came under pressure after hours, as expectations for AI consumer hardware took a hit.

3⃣ Semiconductor stocks rebounded across the board, with memory names MU/SNDK also recovering; AMD rebounded as well.

4⃣ Tesla, Google, and others diverged; CRCL came under pressure as BTC fluctuated around $77,000, while SPCX held up relatively well.

5⃣ Nvidia led heavyweight AI stocks higher (+2.29%). International oil prices fell, while tech stocks sold off and diverged late in the U.S. session. The midterm election count and the 11/5 White House talks on Russia and Ukraine are key events this week.

🌍 International Headlines

1⃣ Russian and Ukrainian representatives will meet at the White House on November 5, as Trump pushes for mediation.

2⃣ Trump said a small-scale attack on Iran had been launched—a major sign of escalation in U.S.-Iran tensions. How many times have they drafted this damn thing already?

3⃣ Vote counting is underway in the U.S. midterm elections, with the balance of power between the two parties under close scrutiny.

💻 IT · AI Technology

1⃣ Arm’s neural network technology was selected as a case study by the World Internet Conference, with AI graphics processing efficiency improving by up to 4x.

2⃣ AI applications from Google, OpenAI, and Amazon are expanding from workplace use into everyday life, further broadening the industry’s reach.

#Bitcoin #Ethereum #Solana #Crypto #AI
https://x.com/flyiiawei/status/2117787943154880639
Beginners are advised to watch more and trade less. If buying crypto, only buy $BTC

Wait, is this for real? The guy who got liquidated just 5 days ago is back today with 40x leverage 😂

We're talking about the guy who opened a position worth over $1 billion in on-chain contracts last year. At its peak, his account was worth around $84.2 million. Now there's only about $2,880 left in it, and his historical P&L is down around $22.08 million.

In the early hours of October 30, his 40x BTC long was liquidated at $79,304—about 1.17 BTC, wiped out in one go. He rested for less than 5 days, then flipped short just after 2 a.m. today and added a little more in the morning. He's now short 1.256 BTC at 40x, with a position worth around $96,000, an average entry price of $77,499, and a liquidation price of $78,228.

BTC is hovering around $76,900 right now, less than 2% away from his liquidation price. He's temporarily up over $700 on paper, but one slightly bigger green candle and that $2,000-plus will be gone again.

Going from over $80 million to just over $2,000 and still going all-in with 40x leverage every day—I couldn't handle that kind of stress. Everyone's waiting to see how long he can hold this position.

Newbies: watch more, trade less. If you're buying crypto, just buy $BTC .

What the hell is going on? This actually happened? An old coin that launched back in 2018, $HOT , nearly doubled in 5 days 😂

I came across it while browsing the contracts leaderboard. On October 30, it was still as low as 0.000304. Yesterday, it reached a high of 0.000598—up about 97%. It’s pulled back to around 0.00052 now, still up a little over 70% from the low.

The trading volume is even crazier. On October 26, its perpetual contracts saw only around $700,000 in volume for the entire day. Yesterday, that shot up to $327 million—more than 400 times higher. Open interest has also climbed from $970,000 to around $9.2 million, more than 9x in a week.

It all started when the project launched the HoloFuel network on November 1. HOT holders can exchange their tokens for HoloFuel at a 1:1 ratio. Once you convert, you can’t convert back. Even the team is reminding people not to rush, since HOT still has better liquidity on exchanges.

People on X are split into two camps: some are cheering the old coin’s comeback, while others keep saying the team is pumping it again. The funding rate is negative right now, and plenty of traders betting on a drop are piling in too.

It peaked at 0.0313 in April 2021, so the current price is still 98% below that level. Those who got stuck holding at the top back then must have pretty mixed feelings seeing this huge green candle.

If you’re new, I’d suggest watching more and trading less. If you’re buying crypto, stick to $BTC

Seriously? They can do that? The hacker behind the major exchange hack from a few days ago is now laundering money in full view of the entire internet 😂

It’s all crystal clear on-chain: an address linked to the hacker deposited 8,567 SOL into a mixing pool called Privacy Cash, worth about $798,000 at the time. Several other linked addresses are doing pretty much the same thing.

Someone tracked one of the transactions and broke it down. 3,520.97 SOL went into the pool and came out in three transfers: 1,000, 1,250, and 1,270.97 SOL. The total matches exactly, down to the last SOL, before fees. The address in the screenshot came back about three hours later. The previous deposit was around 4,205 SOL—it looks like they were testing the waters to see if they’d get flagged.

Going further back, by November 3, about 87,000 SOL had already left the original stolen wallet—roughly $8 million. The funds went into new wallets, then through lending vaults and liquid staking, and were eventually either sold or converted into Bitcoin.

About $6.34 billion was stolen in total. Around $2.85 billion was frozen, and the platform used its reserves to cover users’ losses. The part that wasn’t frozen is now being moved into the shadows, one transaction at a time.

The addresses are right there for anyone to click and see where the money is going, yet there’s nothing anyone can do to stop it. It’s pretty frustrating to watch.

For beginners, it’s best to watch more and trade less. If you’re buying crypto, just buy $BTC .

Just took a $6.09 million hit and still didn’t flinch—turned around and went all in again 😂
An address on a futures platform closed all its BTC, HYPE, and ZEC long positions over the past six hours or so, locking in roughly $6.09 million in losses. The Bitcoin position alone accounted for about $4.6 million. But it didn’t take a break after closing those positions: it immediately opened a long position of about 14,583 ETH, worth roughly $33 million, and added around 117,871 HYPE, worth about $9.9 million. The newly opened longs total roughly $42.9 million.
Taking a hit like that and still refusing to quit—just watching makes your back go cold. People like this go hard when they’re winning and charge ahead even after taking a loss.

Beginners should watch more and trade less. If you’re buying crypto, stick to $BTC

Checking the charts, I spotted $ADA . It’s bounced for a few days, but still can’t reach the MA7 😂

The current price is around 0.190, up about 1% over 24 hours. It touched a high near 0.193 and dipped as low as 0.185. It doesn’t look too bad at first glance, but zooming out to the past 7 days, it’s down about 7.8%. The daily MA7 is around 0.194 and the MA20 around 0.208, with the price staying below both moving averages.

Looking back at that big red candle on 10/29, the price plunged straight from around 0.206 to 0.190, hitting an intraday low of 0.187. It bounced back to 0.195 over the following few days but couldn’t hold there. For the past few days, it’s been hovering between 0.185 and 0.193. On the 4-hour chart, it had just started to turn up and touch the 0.193 area before pulling back. Perpetual futures saw about 81 million U in trading volume over 24 hours, with open interest of around 344 million coins, worth roughly 65 million U at the current price.

For resistance, I’m watching the moving averages at 0.194 and 0.208. Support is at 0.185 and the two-week low of 0.182. I’m bearish in the short term; until the price gets back above the moving averages, I’d treat any rebound as a chance to sell.

Beginners should watch more and trade less. If you’re buying crypto, stick to $BTC

Looking closely, Binance’s recent hack was clearly a long time in the making.

From the supply chain attack in June 2026 to the actual attack on October 29,

at first glance, it really feels impossible to defend against~~

Thanks to Binance for sharing the relevant details,

so everyone can take steps to address the risks,

otherwise, with this kind of attack playbook, I don’t think many exchanges could defend against it 🤣🤣

https://x.com/flyiiawei/status/2117643283430248869
For beginners, it’s best to watch more and trade less. If you buy crypto, stick to $BTC

$XLM After dropping from around 0.175, every bounce now feels tentative 😂

The current price is around 0.164, down slightly by 0.9% over the past 24 hours, with a high of 0.167 and a low of 0.160. It’s down about 3.7% over the past 7 days, grinding lower with no real strength in the rebounds.

On October 28, the daily chart surged to around 0.175. The next day, it plunged straight through 0.16 and even touched 0.157 intraday. Over the following few days, it kept pulling back whenever it neared 0.167. On November 2 and 3, it pushed the low down to 0.160 again. The daily MA7 is now around 0.167 and the MA20 around 0.173, with the price sitting below both. The 4-hour chart is even more frustrating: every time it touches 0.167, it turns back down. I’m watching 0.160 as support, with 0.157 in focus if it breaks. Resistance is at 0.167; let’s see if it can get past 0.170, and only then would the MA around 0.173 come into play. Futures volume over the past 24 hours is around 33.35 million U, with open interest of about 180 million tokens, worth roughly $29.6 million.

I’m bearish. Until the price reclaims the moving averages, I’m treating the levels above as resistance.

Beginners should watch more and trade less. If you buy crypto, buy only $BTC

The high around $LTC 59 hadn’t even had time to settle in before it was knocked back into the 54 range in just two days 😂

The current price is around 54.2, down a slight 0.5% over the past 24 hours. The high was 55.13 and the low was 53.43. It’s down about 5.2% over the past seven days, basically grinding down bit by bit from around 57.

What stands out to me is October 28, when the daily chart surged to around 59.83. The next day, one huge red candle sent it crashing straight to around 54, with an intraday dip to 52.77. The rebounds over the following few days were weak; it retreated as soon as it touched 56 and never managed to reclaim the daily moving averages. MA7 is currently around 55.61 and MA20 around 57.72, with the price below both—about 2.5% below MA7. The 4-hour chart is even more frustrating: every time it gets near 55, it turns back down. For support, I’m watching 53.43 first; if that breaks, I’d keep an eye on the recent low around 52.77. Resistance is around 55, then 55.6; only above that would we look toward MA20 near 57.7. Futures trading volume over the past 24 hours is about 43.37 million U, with open interest at roughly 1.12 million coins, worth around $60.74 million.

I’m bearish. Until the daily moving averages are reclaimed, I’m treating the levels above as resistance.

Beginners should watch more and trade less. If you buy crypto, only buy $BTC

Down $38.2 million and still adding to his position—this rolling-trades guy is seriously fearless 😂
One address has been trading since last June and has now lost around $38.2 million in cumulative losses on contracts, getting liquidated who knows how many times along the way. Just now, he added another 450,000 U in margin and opened a Bitcoin short worth around $9.35 million, with an entry price of 77,429 and liquidation at 81,464—leaving only about a 5% buffer.
Earlier, he was also holding a 40x short worth nearly $7.19 million, with the liquidation price almost right on top of the current price. Adding margin only nudged the liquidation level up a little, while his position got bigger too. After losing this much, he still won’t stop. Just watching him makes my palms sweat for him.

Beginners should watch more and trade less. If you buy crypto, stick to $BTC

Absolutely wrecked, absolutely wrecked. The big influencer’s namesake coin has plunged from a $450 million market cap to just $40 million 😂

The coin launched on pump.fun on June 16, with a starting price of around $0.0000356. Later, a very well-known influencer in the Solana community personally endorsed it, and on July 6 it shot straight up to $0.449, reaching a market cap of roughly $450 million. Around that time, he also gave away tokens via an airdrop and talked about long-term goals. Holders were more hyped than the next.

After that, it slowly drifted downward. Today, the price is around $0.040, down about 91% from its peak. It’s fallen another 11% or so in the past 24 hours, and the market cap is now only around $40 million.

The things he’s been up to over the past few days probably make holders feel even worse. Some people noticed that he changed his iconic black bull profile picture. He’s barely mentioned the coin in recent weeks, though he has said that the broader market may still have further to fall. The only response holders have gotten is: “job not finished.”

The comments have split into two camps. One is still holding on, saying it’s a bargain at this price. The other is straight-up cursing him out, and someone even launched a black bear coin to bet against him. One person commented that if it doesn’t get back to its all-time high soon, they’ll lose their house. They said it half-jokingly, but it really doesn’t sound much like a joke.

I took a look at the daily chart. The candle from that July pump is still standing there, while the price has been stepping downward for the past four months. Anyone still holding probably has to take a deep breath every time they open their wallet.

My advice for beginners: watch more and trade less. If you’re buying crypto, just buy $BTC

I saw a chart showing that Lao Xu made 10,000 BTC by predicting Bitcoin prices back in 2013. I wonder if the biggest win on prediction markets today can top that.

@star_okx

https://x.com/flyiiawei/status/2117546427828391953
Beginners are advised to watch more and trade less. If you're buying crypto, just buy $BTC .