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BlockBeats News, November 9, according to Hyperinsight monitoring, here is an overview of the recent on-chain activities of popular active contract whales: · The largest ZEC long position address on Hyperliquid reduced its ZEC holdings to 39,500 tokens in the early hours today, with its unrealized profit shrinking from a peak of $12 million to $200,000; · The "BTC OG Whale" address, after closing its BTC position yesterday with a loss of $1.3 million, has also lost its perfect winning record; currently, this address holds 40,000 ETH (about $135 million) with an unrealized loss of over $2 million. The entry price was $3,445.58, and the liquidation price is $2,533.69; · The multi-coin Bitcoin whale Owen Gunden has once again deposited 600 BTC, worth about $61.17 million, into an exchange. Currently, Owen still holds 6,050 BTC, valued at approximately $618.78 million; · The "Bankrupt Whale" James Wynn has closed his 40x leveraged short position in Bitcoin, earning a profit of $85,380; · The "Machi" Huang Licheng address is holding a 25x leveraged long position in ETH, with a position size of 3,775 tokens and an unrealized profit of $80,000; · The "Former 100% Win Rate Whale" closed its BTC long position about 4 hours ago, earning approximately $38,000 in profit, with only about $253,500 in account assets remaining.

BlockBeats News, November 9, crypto analyst Matthew Hyland recently shared his view: "The reason you should have confidence in the price action of altcoins is because the bitcoin dominance chart looks very weak, and has been weak for several weeks." Hyland pointed out: "The downward trend is still likely to continue, so this rebound is just a 'dead cat bounce' in a downtrend." Hyland also stated that the recent sharp fluctuations in bitcoin's price may have been carefully orchestrated by traditional financial giants. "Over the past month, my view has basically remained unchanged—I believe these fluctuations are actually manipulations, and Wall Street is just positioning itself." Bitcoin dominance has dropped 5% since May. On November 4 alone, bitcoin's price fell below the $100,000 mark for the first time in four months, sparking concerns in the market about its future trend. Although Hyland believes the altcoin market may soon gain momentum, other indicators still show that the market focus remains on bitcoin. CMC's Altcoin Season Index is currently only 28/100, still within the "Bitcoin Season" range.