Big Whales' Movements

Hong Kong chip IPO candidates disclose cross-investment and executive ties

Prospective Hong Kong-listed chip companies are disclosing more about how their initial public offerings are structured, including cross-investment arrangements and personal networks among senior executives. The disclosures come as regulators step up scrutiny of structures that could distort the market. Techub News cited Bloomberg for the report. The update points to closer attention on internal IPO mechanics rather than only headline fundraising plans, with regulators focusing on whether ownership links and executive relationships may affect market fairness.

Initia

18 hours agoNews Editor

Initia L1 and Rollups Back Online, Bridge Transfers Expected Later Today

Initia said its Layer 1 network and Rollups are back online and operating normally, with bridge and trading platform transfer functions expected to resume later today. The update also outlined temporary withdrawal controls for selected assets. Withdrawals for LayerZero Omnichain Fungible Token, or OFT, assets WETH and AUSD0 will be processed with a 24-hour delay as a precaution. Noble USDC withdrawals will be subject to an hourly cap. Initia added that asset backing for AUSD0, USDC.n, and WETH has been fully restored. The notice was cited by ChainCatcher in a 7x24 news update.

U.S. stocks

17 hours agoNews Editor

U.S. stock index futures extend gains, with Nasdaq 100 futures up more than 1% at one point

U.S. stock index futures continued to move higher, according to market data cited by ChainCatcher from Gate. Among the major contracts, Nasdaq 100 futures were at one point up more than 1%. S&P 500 futures rose 0.52%, while Dow futures gained 0.39%. The update was published as a market analysis brief. No additional context or drivers were provided in the source text beyond the quoted market moves. The figures reflect the latest snapshot referenced in the report, with the Nasdaq 100 futures contract leading the advance among the three major U.S. stock index futures mentioned.

Machi Big Brother

17 hours agoNews Editor

Machi Big Brother closes HYPE long, 25x ETH long turns slightly profitable

HyperBot data shows that Jeffrey Huang, better known in the crypto market as Machi Big Brother, has fully closed his earlier 10x leveraged long position in HYPE. The position covered 11,000 HYPE and ended with a loss of about $31,600. After exiting that trade, Huang continued adding to a 25x leveraged long position in Ether. The ETH position has now grown to 5,200 ETH. According to the same data, the overall position has moved back into slight profit, with an unrealized gain of $158,000 and a return on investment of 32.56%. The update was reported by Odaily, citing HyperBot.

whale

17 hours agoNews Editor

Lookonchain tracks whale buying 27,553 ETH over five hours

Lookonchain said a whale spent about $62.97 million over the past five hours to buy 27,553 ETH at an average price of $2,286. The monitoring account also said the same address had previously used 37.96 million USDC within two hours to purchase 16,658 ETH, with an average entry price of $2,279. The activity points to continued large-scale accumulation by the address across multiple transactions tracked on-chain. ChainCatcher cited the data in a brief market update.

Gate

17 hours agoNews Editor

DefiLlama data shows Gate posted about $78.42 million in net inflows over the past 24 hours

ChainCatcher, citing data from DefiLlama, reported that Gate recorded roughly $78.42 million in net capital inflows over the past 24 hours. The figure placed the exchange third among centralized exchanges worldwide over the same period. The brief did not provide a breakdown of the inflows, nor did it identify the exchanges ranked ahead of Gate. The item was published as a 7x24 newsflash, with the ranking and inflow figure attributed directly to DefiLlama data as cited by ChainCatcher.

XRP

18 hours agoNews Editor

XRP spot ETFs posted $18.83 million in net inflows in October, extending positive streak to seven months

XRP spot exchange-traded funds recorded $18.83 million in net inflows in October, marking the seventh straight month of positive flows, according to a Techub News brief citing CryptoPotato. The report said cumulative net inflows reached a record $1.81 billion. Even so, October was one of the weakest months on record for XRP spot ETF inflows. The monthly total was only higher than January’s $15.59 million, making it the second-worst month historically by that measure. Over the same period, spot Bitcoin ETFs saw net outflows of more than $500 million, while spot Ethereum ETFs posted net outflows of more than $1.6 billion. Among individual products, Bitwise’s XRP ETF led cumulative inflows with $682 million. Franklin XRPZ followed with $524 million. The report also noted that XRP was trading at about $1.25 at the end of October, after falling 16% during the month.

Unitree Technology

18 hours agoNews Editor

Unitree Technology rises more than 6% in afternoon trading, quoted at 680 yuan

Market data cited by Odaily showed that Unitree Technology (688836) climbed more than 6% at one point after the afternoon session opened, with the stock last quoted at 680 yuan, up 5.09%. Earlier in the day, the stock had fallen more than 11% during morning trading before rebounding. The move marked a sharp intraday reversal from an early decline to gains later in the session. No additional details were provided in the newsflash beyond the quoted market data and the stock’s latest price move.