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Quick Take On Monday, spot bitcoin ETFs in the U.S. experienced net inflows of $479.4 million, the largest daily inflows since Oct. 14. BlackRock’s IBIT led the inflows, with $315 million flowing into the product.
SHIB burn rate surged 108% this week, removing nearly 100M SHIB, signaling community efforts to reduce supply despite market uncertainty. SHIB’s whale-tier trading volumes have dropped, potentially limiting the token’s short-term rally due to reduced large transactions. Despite price gains and rising derivatives trading volume, SHIB faces ongoing volatility, with long-term growth uncertain for 2024.
The narrative and main battlefield of AI+Crypto are evolving rapidly, leaving those who don’t understand the AI meme trend behind
- 10:38A certain INJ whale cashed out 7.39 million USD, causing a price drop of 7.7%, and made a profit of over 15 million USD in 3.5 yearsOn November 28, Spot On Chain monitoring showed that a long-term holder of Injective ($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.
