Ethereum: ETF fund outflow reaches $364 million, price under pressure at $3000 threshold
--
The price of Ethereum is under pressure at the $3000 mark, and the recent outflow of ETF funds has reached $364 million, leading to a cooling of institutional demand. （Cointelegraph）
[HSBC Launches Tokenized Deposit Service for Hong Kong Clients]
HSBC Group CEO Noel Quinn stated at the 2025 International Financial Leaders Investment Summit that missing out on the application of disruptive technologies would pose significant risks. Quinn pointed out that blockchain technology represents a key opportunity, and HSBC has launched tokenized deposit services for Hong Kong clients while participating in projects related to virtual currencies.
[Balancer Hacker Converts Stolen Assets to ETH]
On November 4, monitoring data shows that the hacker of the DeFi protocol Balancer is converting stolen assets into ETH. Previously, the stolen funds from Balancer had exceeded $116.6 million.
[Sonic Activates Security Mechanism in Response to Suspected Attack on Beets Protocol]
After receiving an alert at 3:45 AM (UTC-5) on November 3 regarding a possible attack on the Beets Protocol, the Sonic security team promptly activated the security mechanism originally planned for introduction in a future upgrade. Some affected wallets have been frozen, and the official team is currently working closely with the Beets Protocol team to conduct an in-depth investigation into the incident.
[Whale nemorino.eth sells 8,000 ETH to repay loans, earning $7.58 million]
On November 4, after the decline in crypto assets, the whale account nemorino.eth carried out a leveraged long operation on ETH. Early this morning, it sold 8,000 ETH, repaid $24.83 million in loans, cleared all leverage, and ultimately earned $7.58 million.
Monitoring shows that an unknown hacker sold 2243 ETH at a price of $3576.64 this morning, resulting in a loss of $994000. There are still 2228.74 ETH remaining in this round of trading, with a floating loss of 832000 US dollars. Previously, the address had opened a position of 7126.74 ETH at $4020 on October 22 and sold 2655 ETH at $3740.78 during a sharp drop on October 31, resulting in a loss of $758000. (Auntie Ai)