Messari releases Filecoin Q3 report: utilization rises to 36%, capacity shrinks to 3.0 EiB
According to Messari's Filecoin Q3 2025 Status Report, Filecoin's network utilization rose to 36% in Q3, total capacity decreased to 3.0 EiB, and network fees increased by 14% quarter-over-quarter to approximately $793,000, with penalties accounting for about 99.5%. The v27 "Golden Week" upgrade removed the old sector method, resulting in near-zero base and batch fees. Active storage decreased slightly by 1% to 1,110 PiB, and the average daily new transaction volume decreased by 19%. The number of live datasets increased to 2,491, of which 925 exceeded 1,000 TiB. FVM token activity (in FIL terms) remained relatively stable; DeFi TVL decreased by 8.4% to approximately $27 million; and USDFC circulating supply decreased by 8.5% to approximately $275,000. The Filecoin Foundation and the GSR Foundation are advancing their cooperation on cultural and scientific data storage. Furthermore, according to an official Filecoin announcement, Filecoin Onchain Cloud will be officially launched at 00:00 Beijing time on November 19th and will be streamed live on YouTube. The platform aims to build a decentralized, developer-owned cloud infrastructure, encompassing modules such as storage, computing, retrieval, and access control, serving the new era of data, AI, and applications.
According to The Korea Times, South Korean cryptocurrency exchanges are facing profit pressure due to declining trading volume caused by a weakening market. Upbit's operator, Dunamu, reported a Q3 operating profit of 235.3 billion won, a 180% year-on-year increase, with revenue of 385.9 billion won and net profit of 239 billion won. Bithumb reported an operating profit of 70.1 billion won, revenue of 196 billion won, and net profit of 105.4 billion won. Bitcoin has fallen approximately 25% from its October high, and the average daily trading volume of Upbit and Bithumb in November dropped to $1.88 billion, the lowest this year. Transaction fees account for about 98% of the two exchanges' revenue. They have recently accelerated the listing of new tokens to boost activity, but overall trading volume remains weak.
The number one short position in ZEC on Hyperliquid has paper losses exceeding $22.04 million.
According to AiYi's monitoring, the top-ranked short address for $ZEC on Hyperliquid has suffered floating losses exceeding $22.04 million. With ZEC breaking through $700 again and reaching a new all-time high (ATH), the 60,870.43 ZEC short positions held by this address have suffered significant losses. It's worth noting that these floating losses are the result of partial position reduction. The address's latest liquidation price is $1,112.45. Industry insiders are also watching whether it will continue to stubbornly hold onto its short positions.
ZachXBT: Cardano users lose over $6 million due to low-liquidity trading.
Chain detective ZachXBT reported early this morning that a Cardano user exchanged 14.4 million ADA (approximately $6.9 million) for 847,000 USDA (a USD stablecoin on Cardano) about two hours ago. Due to extremely low liquidity in the pool, the transaction caused a short-term surge in the price of USDA, resulting in a loss of approximately $6.05 million for the user. These funds had reportedly been idle for nearly five years.
Solscan data shows that the USDC Treasury completed three minting transactions in the past 15 minutes, minting a total of 750 million USDC. Each transaction minted 250 million USDC.
Caixin: Qian Zhimin, the perpetrator of the 61,000 Bitcoin case, also holds XRP.
According to Caixin Weekly, the main suspect in the case, Qian Zhimin, submitted an access code for a confiscated device and the passwords for two encrypted wallets to the police while he was in custody in September 2025. As a result, the police discovered that in addition to the approximately 61,000 Bitcoins that had been frozen, he also held Bitcoins and XRP worth approximately £67 million.
Cardone Capital purchased 888 BTC for its "Bitcoin Real Estate Hybrid Project"
Grant Cardone, founder of real estate investment firm Cardone Capital, announced on the X platform today that he has added 888 BTC to his 101 Mizner Boca "Bitcoin Real Estate Hybrid Project," and the purchase of all related BTC has been completed.
Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), once again posted Bitcoin Tracker information on the X platform. Based on past experience, Strategy usually discloses Bitcoin accumulation data the day after he posts Bitcoin Tracker information.
According to Token Unlocks data, ZRO, YZY, ZK, and other tokens will see large-scale unlocks next week. Specifically: LayerZero (ZRO) will unlock approximately 25.71 million tokens at 7 PM Beijing time on November 20th, representing 7.29% of the current circulating supply, worth approximately $38.3 million; YZY (YZY) will unlock approximately 37.5 million tokens at 1 PM Beijing time on November 19th, representing 12.50% of the current circulating supply, worth approximately $14.1 million; ZKsync (ZK) will unlock approximately 173 million tokens at 4 PM Beijing time on November 17th, representing 3.37% of the current circulating supply, worth approximately $9 million; and KAITO (KAITO) will unlock approximately 8.35 million tokens at 8 PM Beijing time on November 20th, representing 2.97% of the current circulating supply, worth approximately $6.4 million. ApeCoin (APE) will unlock approximately 15.6 million tokens at 8:30 PM Beijing time on November 17th, representing 1.66% of the current circulating supply, with a value of approximately $5.5 million.
Play Solana (PLAYSOLANA) is now listed on Binance Alpha. Eligible Binance users can claim an airdrop of 2,500 PLAYSOLANA tokens using 245 Binance Alpha Points on the Alpha event page. If the rewards are not fully distributed, the points threshold will automatically decrease by 15 points per hour. Please note that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim within 24 hours on the Alpha event page; otherwise, they will be considered to have forfeited their airdrop claim.
This morning, a major whale/institution transferred 44,000 ETH to Binance, worth $140 million.
According to on-chain analyst Ember, whales/institutions who previously profited $24.48 million from shorting ETH and then went long transferred 44,000 ETH ($140 million) to Binance early this morning. They had accumulated 444,800 ETH ($1.51 billion) over the previous few days at an average price of $3,398, and also leveraged their holdings with 1.5x leverage. They are now facing a paper loss of $110 million on their ETH holdings.
According to the latest data from Coinglass, the total open interest of ZEC futures contracts across the network has increased to 2.0971 million, with a market value exceeding $1.5 billion, reaching $1.506 billion, setting a new all-time high, with an increase of 21.49% in the past 24 hours. Among them, Binance's ZEC futures contracts have reached 579,700, with a market value of $416 million; Bybit's ZEC futures contracts have reached 289,800, with a market value of $208 million.
According to Jinshi News, the Financial Times analysis points out that the minutes of the Federal Reserve's October policy meeting will be released early Thursday morning Beijing time, and investors are currently experiencing increasing uncertainty about the path of US interest rates. Last month, the Fed lowered its benchmark interest rate to a range of 3.75%-4%, but investors hoping for a further rate cut in December were disappointed. The market had fully priced in a 25 basis point rate cut in December before the October meeting, but Powell's statement that "further rate cuts at the end of the year are not a given" quickly reshaped market expectations. Boston Fed President Collins further questioned next month's rate cut this week, emphasizing that "the threshold for implementing additional easing in the near term is relatively high." Data gaps will be a major obstacle to the Fed's decision. The 43-day US government shutdown ended this week, during which key labor market and inflation data were all suspended, making it difficult for investors to judge the true health of the world's largest economy. Morgan Stanley analysts pointed out in a client report that data gaps and delayed releases of labor market indicators mean that "the Fed will face an incomplete information dilemma when making decisions at its December meeting."
According to Lookonchain monitoring, a whale opened a 20x leveraged long position in Bitcoin and deposited 300 BTC, worth $28.7 million, within the past two hours. The liquidation price was $60,424.6. This whale had previously lost $6.35 million on the Hyperliquid platform.
A whale withdrew 2,450 ETH from Binance in the past hour, worth $7.91 million.
According to Onchain Lens monitoring, a whale withdrew 2,450 ETH from Binance in the past hour, worth $7.91 million. Two days ago, he also accumulated and withdrew 2,560 ETH, worth $7.96 million.
Binance: Users holding at least 245 Alpha Points can claim an airdrop at 21:00.
Binance announced that users holding at least 245 Binance Alpha Points can claim a token airdrop at 21:00 (UTC+8). It will be on a first-come, first-served basis until the airdrop pool is depleted or the event ends. Further details will be announced separately.
According to on-chain data monitoring, Brother Maji just added to his 25x leveraged Ethereum long position to 7,700 ETH, with a position value of $24.475 million. The liquidation price is $3,045.4, and the current floating loss is about $1.712 million.
A briefing from the Greeks.live Chinese community indicates that there is disagreement within the group regarding the short-term direction. Some traders are concerned that the market may experience a sharp drop to around 89k after Monday's opening, anticipating a rebound next week, but fear remains. The market is focused on the key support level of $90,000. Reports suggest that market maker issues have led to a sell-off in the spot market, with recovery expected around Thanksgiving.
Tom Lee: The market may need 6-8 weeks to resolve the "loophole" in market makers' balance sheets.
Tom Lee, Chairman of the Board of BitMine, an Ethereum treasury company, posted on the X platform that the current cryptocurrency market downturn has exposed many problems, such as one or two market makers with significant balance sheet vulnerabilities and a group of sharks poised to trigger a Bitcoin price crash/sell-off. However, he believes the pain caused by these problems will not last long and will not change Wall Street's goal of building an "ETH supercycle." He cautioned that now is not the time to use leverage, as it is easy to get trapped. Furthermore, in response to a community user's question about when the market maker balance sheet issue could be resolved, Lee stated that it seems likely to take 6-8 weeks.
Nic Carter, the father of smart contracts and co-founder of Castle Island Ventures, wrote on the X platform that it will be difficult for investors to succeed in this cycle. Therefore, he advised investors to first emotionally "decouple" from cryptocurrencies, not to put too much pressure on themselves, and not to necessarily succeed in this cycle. Reality is different; the price movements of cryptocurrencies over the past decade have blinded investors, and this may not happen again because success requires creating products and delivering real value.
Binance Alpha plans to list Datagram Network (DGRAM) on November 18th.
Binance has announced that Binance Alpha will list Datagram Network (DGRAM) on November 18th. Eligible users can claim an airdrop using Binance Alpha Points on the Alpha Events page after trading opens. More details will be announced soon.
An address opened a 20x leveraged long position in Bitcoin, currently holding 200.03 BTC.
According to on-chain analyst Ai Yi, address 0x8d0...59244 opened a 20x leveraged Bitcoin long position 45 minutes ago and currently holds 200.03 BTC (approximately $19.22 million), with an opening price of $95,977.3 and a floating profit of $21,000.
According to Caixin, a diary entry written by Qian Zhimin between May and July 2018 reveals that she formulated a "six-year plan" for 2018-2023, anchoring almost all major expenditures to Bitcoin. The diary states that in 2018, based on a price of approximately $6,800 per coin, she planned to sell at least 4,000 Bitcoins; in 2019, assuming the price rose to $8,200, she planned to sell no more than 1,500; and in 2020, she further raised her budget to $9,500, betting in her diary that the price would remain between $40,000 and $55,000 per coin long after 2021.
