Token | Trading Volume 【BTC】12.55 billion 【PI】13.92 million 【HYPE】171.27 million 【LGNS】64.75 million 【BAT】55.60 million 【UNI】143.61 million 【DASH】116.74 million 【ICP】92.09 million 【CFX】15.03 million 【XPL】79.34 million

According to data from Coinglass, the Coinbase Bitcoin Premium Index returned to positive territory yesterday, currently standing at 0.03%, after turning negative on October 31st. This followed a 29-day streak of negative values, the longest such streak so far this year. A positive premium index on Coinbase indicates strong buying pressure in the US market, with institutional or compliant funds actively entering the market and investor sentiment leaning towards optimism. Conversely, a negative premium index suggests significant selling pressure in the US market and a decline in investor risk appetite.

Huoxun Finance reported on November 30th that, according to on-chain analyst Ai Yi, the "1011 short-selling insider" has closed his ETH short position and profited $55,000. He opened a 5x short position of 5000 ETH yesterday afternoon and closed it out just six hours later at 3 AM today, with a final closing price of $2,989.85. However, the margin of 10.83 million USDC remains in his perpetual contract account.

Huoxun Finance News, November 30th - According to Cointelegraph, Arthur Hayes warned Monad, stating that the recently launched L1 blockchain could plummet by 99%, ultimately becoming yet another failed experiment driven by venture capital hype rather than genuine applications. Hayes described the project as "yet another high FDV, low circulating supply VC coin," pointing out that its token structure itself exposes retail investors to risk. Hayes stated that most new L1 networks eventually fail, with only a few likely to maintain long-term relevance, such as Bitcoin, Ethereum, Solana, and Zcash. In response, Monad founder KeoneHon posted on the X platform: “I greatly admire your contributions to the industry. Perps is a remarkable innovation, and I believe it will continue to grow rapidly. You have had a tremendous impact on the industry. I’ve noticed you’ve been commenting on Monad frequently in recent days. While I know some of your comments may have been taken out of context, I think you might want to understand what makes Monad unique and why it’s more than just another L1 framework. I’m sure you faced a lot of negative comments and skepticism at the beginning of your innovations at BitMEX, but you always faced them head-on and persevered. I would like to emulate your approach.” KeoneHon listed several reasons why Monad is different and concluded, “If you would like to get some MON to experience the network, please let me know, and I’d be happy to send them to you. Thank you again for your contributions to this field, see you on the blockchain.”

According to Odaily Planet Daily, Arthur Hayes posted on the X platform that Tether is in the early stages of large-scale interest rate trading. Tether believes the Federal Reserve will cut interest rates, which will reduce its interest income, so it is buying gold and BTC as a countermeasure. If its gold and BTC holdings fall by about 30%, it will deplete its equity, and theoretically, USDT will face the risk of insolvency.