The whale or institution known as 7 Siblings bought 10,792 ETH with 22 million USDC at an average price of about $2,038 after ETH fell roughly 15%. According to Odaily, the purchase took place about nine hours ago, marking a return to buying after three months. On-chain analyst Ember said 7 Siblings previously sold 18,500 ETH at an average price of $2,356 in August, after ETH briefly rose 20%, earning about $10.49 million. The entity had bought ETH at $1,789 after a June selloff. Its past trades followed a pattern of buying after short-term drops of more than 10% and selling after gains of more than 10%; it bought again in November after another decline, at about $2,038.

South Korea’s exports in the first 10 days of November more than doubled year over year to $33.5 billion, with chip exports accounting for nearly half of the total. According to Sina Finance, citing data released Wednesday by the Korea Customs Service, the export value was the highest ever recorded for the first 10 days of November. Imports rose 45% year over year to $24.7 billion, resulting in a trade surplus of $8.8 billion. Chip exports surged 331.2% to $16.6 billion, making up 49.7% of total exports, up 25.3 percentage points from a year earlier. Petroleum product exports more than doubled to $2 billion, while automobile exports fell 4.3% to $1.4 billion. Exports to China rose 148% to $9.16 billion, and exports to the United States increased 163.6% to $6.79 billion. Cumulative exports through Tuesday this year reached $963.6 billion, putting South Korea on track to exceed $1 trillion in annual exports for the first time. The cumulative trade surplus over the same period was $303.7 billion.

According to Jin10, holdings in the world's largest silver ETF, the iShares Silver Trust, were unchanged from the previous trading day at 15,695.75 tons.

According to ChainCatcher, Polish energy company Orlen SA has terminated one of its two long-term liquefied natural gas contracts with QatarEnergy after ongoing conflict prevented the supplier from fulfilling deliveries. Orlen said it ended the contract, which was due to run through 2034, because of continuing force majeure, while retaining the other contract. It is the first customer of QatarEnergy to terminate a contract.

Cornerstone Building Brands Inc. is set to proceed with a deal reached with Monarch Alternative Capital to raise additional liquidity after months of negotiations with existing lenders, Bloomberg reported, citing people familiar with the matter.

US inflation exceeded expectations again in October, and Federal Reserve officials continued to adopt hawkish stances, intensifying the debate over a 50-basis-point rate hike in December. Logan advocated for at least another 50-basis-point rate hike, causing the two-year Treasury yield to surge 19 basis points in a single day, and the market accelerated its repricing of the Fed's tightening path.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3239, providing you with the latest and fastest news on the digital currency and blockchain industry.

In his latest post, Vitalik explained why he shifted Ethereum's positioning from burning tokens to a store of value. The author believes that as long as decentralization and censorship resistance remain unchanged, Ethereum's long-term potential is not a concern.

In the small town of Nokia, Finland, a family has cut off their central heating and is using a SunBit Bitcoin mining boiler for warmth. The mining revenue currently covers their electricity bills, but after the halving in 2028, they may have to rely on the price of Bitcoin to keep warm.

Nasdaq, Artificial Intelligence, US Stocks, AI is undergoing painful repricing. Golden Finance: The AI ​​bubble hasn't burst, but the era of relying on labels to drive valuations is over.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

Junhe Law Firm analyzes the legal nature and regulatory key points of tokenized deposits, while SlowMist supplements this with smart contract auditing and on-chain anti-money laundering practices.

Following a16z Crypto's rebranding and shift towards AI, two crypto VCs revealed that nearly 30% of their portfolio companies have gone bankrupt or lost everything, more than half are having difficulty communicating with investors, and exits from the primary market are proving difficult. Funds are now flowing into AI and chips.

Binance, private keys, network security, Binance hot wallet uses MPC: Why were attackers still able to transfer assets? Jinse Finance, private keys not leaked, yet assets were transferred: Why did the MPC defense fail?

Anthropic is moving forward with its IPO, targeting a valuation of approximately $1 trillion, a reduction from previous expectations; Google, Microsoft, Nvidia, and others plan to subscribe to a $26 billion strategic placement.