e*trade

According to Unfolded, citing CFTC position report data, as of November 3, the net short position of leveraged funds in CME standard Bitcoin futures has decreased to 12,955 BTC, down 89% from the peak of 115,985 BTC on December 17, 2024, marking the lowest level since February 2023, indicating that hedge funds have significantly closed their Bitcoin basis trades.Unfolded stated that the arbitrage buying that previously boosted ETF inflows has essentially disappeared, and the capital flow into spot ETFs will more reflect genuine directional demand, with structural buying that can act as a buffer during price declines also decreasing.

The spokesperson for the Ministry of Commerce, He Yadong, stated that China and the United States are maintaining close communication on the "30 billion for 30 billion" framework arrangement for reciprocal tariff reductions, which is beneficial for stabilizing and expanding bilateral trade. Communication between the two sides in areas such as trade and investment will create more favorable conditions for agricultural product trade between the two countries, and relevant progress will be announced in a timely manner.

According to Gate market data, NVIDIA's stock price on the Tradegate platform has dropped by 7.4% compared to yesterday's closing price.

According to Lookonchain monitoring, a trader deposited 380,000 USD into Aster yesterday and opened a long position of approximately 3.11 million GRAM with 9x leverage.The position is valued at about 3.86 million USD, with an unrealized profit of approximately 404,800 USD at the time of monitoring, yielding a return of 94.34%.

A South Korean trader @solyfw34 accused the cryptocurrency trading platform LBank of restricting account withdrawals and trading after he profited from contract trading, resulting in some positions being unable to be manually closed and ultimately being forcibly liquidated. Currently, approximately 1 million USDT remains inaccessible. The user stated that LBank did not provide specific evidence of abnormal trading.On November 10, LBank responded that it would not restrict accounts solely due to user profits, and that the relevant accounts were suspected of violating internal rules. The user's invested principal has been fully withdrawn, and the restricted funds have been identified as related to abnormal trading. LBank has hired a South Korean law firm and stated that it will take legal action against false and defamatory statements. On-chain investigator ZachXBT criticized LBank as an offshore low-quality centralized exchange and questioned several KOLs for using highly similar rhetoric to defend the platform.

The financing platform Backable, supported by MetaDAO, has removed the financing project for the perpetual contract protocol Percolator Trade from its website. Backable stated that the platform aims to allow users without connections or qualifications to establish valuable businesses, but some behaviors fall outside the scope it wishes to support; the platform made the above decision after reviewing relevant evidence. Backable will subsequently use the term "open" instead of "permissionless" and stated that it does not wish to be the judge of which projects to support on the platform, but a certain level of platform-level review still needs to be implemented.

During TOKEN2049 in Singapore, trader Frogman had two wallets stolen, totaling over 4 million dollars. Another attendee reported to the police regarding the "Don't Get Played" security side event. According to market news, hackers used counterfeit Wi-Fi to commit the crime, but no independent sources were provided.

A user stated that on November 8, 2026, while exchanging small cryptocurrencies for USDC on Binance, their account experienced 5 unauthorized flash exchanges within 97 seconds. The transactions they listed included 2.331 BTC exchanged for USDC, as well as two rounds of back-and-forth exchanges totaling approximately 260,000 USDC and EUR, which collectively reduced about 10,044 USDC, with each round close to 2%.A user claimed that Binance customer service insisted that the related transactions originated from their commonly used iPhone but did not provide sufficient records to prove that the user actually authorized them, nor did they adequately explain the exchange rate differences. They publicly raised three questions, including who initiated the transactions, why the price difference was significant, and who benefited economically, and published the complaint number CC10319344, requesting intervention from He Yi, CZ, and the Binance security team. They added that there were a total of 6 transactions in the screenshots, and only the EDEN exchange for USDC at 02:21:13 was operated by them, while the other 1 BTC exchange and 4 USDC and EUR exchanges were neither initiated nor authorized by them, with the EDEN exchange they operated occurring between the aforementioned 5 transactions.

According to Onchain Lens monitoring, a certain whale (0x45d...4029) has entered the top five profit list of Hyperliquid in the past 24 hours, being the only individual trader among the top five. This address has made a profit of 2.13 million dollars in the past 24 hours, with a total profit of 72.85 million dollars, and the current position value is 145 million dollars.

On the evening of November 6, Beijing time, Vice Premier He Lifeng of the State Council held a video call with U.S. Treasury Secretary Janet Yellen and Trade Representative Katherine Tai. The two sides conducted in-depth exchanges on the consensus from the meeting between the Chinese and U.S. heads of state and the results of economic and trade consultations, discussing important economic and trade issues. The Chinese side expressed concerns about the U.S. restrictions on economic and trade relations with China. Both sides agreed to continue strengthening cooperation, properly manage differences, and promote the stable development of China-U.S. economic and trade relations.

On-chain analyst Nooman posted on platform X, indicating that the trend of meme coin trading platforms transitioning to perpetual contract business is accelerating. On Thursday, the number of daily active traders for FOMO and Pump.fun's perpetual contracts saw significant growth.Among them, FOMO's perpetual contract daily active traders approached 4,000, with a single-day trading volume reaching 334 million USD; Pump.fun's perpetual contract daily active traders approached 1,200, setting a historical high, with a single-day trading volume reaching 25.3 million USD.

In response to the sharp decline in U.S. stocks yesterday, most traders and analysts on Wall Street believe that the main reason is not a deterioration in fundamentals, but rather the liquidation by hedge funds. Noel Smith, Co-Chief Investment Officer of Kai Asset Management, stated: "It is extremely rare to see such a decline without significant market news. It smells like liquidation."In addition to the report last night by Bloomberg that multi-strategy hedge fund Walleye Capital will streamline its internal long-short equity business, the market generally expects several funds to be undergoing complete liquidation, or that the pods (independent investment teams) within multi-strategy funds are being forced to close positions or liquidate.According to a list released this morning by the well-known financial research community Special Situations, several hedge funds are facing difficulties, including Axebrook, Walleye, Engineers Gate, Lone Pine, Millennium internal pod, Verition pod, and Samlyn, mainly involving large redemptions, shutting down internal teams, or changing PMs.It is worth mentioning that during the major turbulence in the U.S. stock market in July this year, the AI hedge fund Situational Awareness also encountered a similar incident, with fund assets shrinking by 67%, and subsequently reached an emergency exit deal with Citadel, selling most of its publicly traded stock holdings at a discount.

GitBook released a security incident review on November 2, stating that attackers exploited a vulnerability in its single sign-on process to forge employee login sessions, allowing them to query improperly configured GitHub App authentication information within the organization, access internal code repositories, and obtain Cloudflare API keys, ultimately gaining full production environment permissions through service accounts.GitBook disabled the relevant internal service accounts to cut off the attack within hours, resulting in the platform being offline for approximately 16 hours, and fully restored on November 3 at 11:56 UTC. The attackers remained in the production environment for a total of about 3 hours and 25 minutes. GitBook has rotated all infrastructure and revoked customer keys and API tokens.GitBook stated that current indications show the attack targeted a single customer rather than the platform as a whole, and no other customer content has been found to be tampered with. However, since the attackers could access customer data within the platform, they are treating it as if all customer data may have been exposed, including API tokens, integration keys, session signing keys, assistant Q&A records, and authorized repository permissions for GitHub and GitLab applications. Billing information, passwords, and IP addresses were not affected.GitBook noted that the speed and precision of the attack heavily relied on automation and AI. Slow Mist's Chief Information Security Officer 23pds forwarded the review, stating that the targeted entity was Trade.xyz. Trade.xyz previously indicated that the document anomaly stemmed from an intrusion into GitBook's infrastructure, and there were no signs of their own infrastructure being compromised, and they will migrate away from GitBook within a few days.

trade.xyz posted on platform X that GitBook has confirmed that the incident affecting its documentation originated from a security breach of its infrastructure.An internal investigation by trade.xyz found no evidence of a breach in its infrastructure, and security controls are functioning as expected, preventing the GitBook incident from affecting its infrastructure. trade.xyz will migrate away from the GitBook platform in the coming days.

According to the Financial Times, sources say that Trump's diesel deal with Russia has encountered obstacles, and U.S. fuel supplies have fallen to a 20-year low.

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.

According to Bloomberg, Goldman Sachs has restricted most employees from using advanced AI tools aimed at programming after evaluating production efficiency and risk management, leading to dissatisfaction among some employees. Internal guidelines were updated in October, and bankers had previously been able to use Anthropic's Claude Code and Microsoft's GitHub for several months, but the scope of these tools has now been narrowed to engineers.Sources say that some traders had used these tools to accelerate monitoring of client trading flows, modeling market changes and positions, as well as creating text and graphic content, and this restriction has left them feeling dissatisfied. Goldman Sachs' Chief Information Officer Marco Argenti stated in July that non-technical personnel such as traders and bankers had developed solutions using AI tools, which were then handed over to the company's approximately 12,000 engineers for improvement.Goldman Sachs spokesperson Nick Carcaterra stated that the company provides employees with certain AI tools to determine applicable scenarios in different businesses; after evaluating factors such as production efficiency and risk management during the trial period, the tools will be given to the most suitable personnel for long-term use. Additionally, sources indicated that the latest directive does not apply to strats who are simultaneously engaged in trading, quantitative research, and software engineering. Earlier this year, Goldman Sachs also restricted employees in Hong Kong from using Anthropic's Claude.