According to Huoxun Finance on November 8, OnchainLens detected that a whale withdrew 20 million POL tokens from Binance in the past 3 hours, worth $3.62 million.

Huoxun Finance reported on November 8th that StablesLabs stated on its X platform that due to recent market liquidity conditions and liquidation dynamics, the market price of USDX has deviated from its reference value. USDX's stabilization mechanism is supported by collateralized positions and hedging strategies; however, adjustments to these mechanisms may lag under extreme market conditions. A recovery path based on a $1 value will be provided to affected holders. This arrangement is voluntary and does not constitute any form of guarantee, redemption obligation, deposit-taking, or pooled investment product. To ensure transparency and verifiability, the balances of affected holders in the application registration window will be determined through on-chain snapshots. The phased recovery progress will be publicly and verifiably disclosed.

Huoxun Finance reported on November 8th that, according to Bloomberg, BTSE Chief Operating Officer Jeff Mei analyzed that the recent decline was partly due to market concerns that artificial intelligence (AI) concept stocks were severely overvalued. If AI and technology stocks experience a sell-off, Bitcoin may fall further. SignalPlus partner Augustine Fan pointed out that there is a lack of new positive catalysts in the short term, and concerns surrounding security and regulation persist, likely keeping mainstream institutional participation low. Market data shows that the global cryptocurrency market capitalization reached an all-time high of approximately $4.4 trillion in early October, but a subsequent month triggered a roughly 20% correction, wiping out almost all year-to-date gains. Approximately $19 billion in leveraged positions were forcibly liquidated, triggering a sell-off that shook market confidence. Bitcoin's price also briefly fell below the key 200-day moving average, a long-term support level that had not been breached since the 2022 bear market.

According to Huoxun Finance on November 8, Binance founder CZ, in an interview with FoxNews, expressed surprise at the amnesty and denied any connection with the Trump family.

According to Huoxun Finance, on November 8th, GateAlpha will launch its 101st TCOM airdrop at 19:00 (UTC+8) on November 8th. This airdrop will employ a tiered distribution model: users holding 120-159 GateAlpha points can receive 100 TCOM airdrop tokens, consuming 12 GateAlpha points; those holding 160 or more GateAlpha points can receive 400 TCOM airdrop tokens, consuming 15 GateAlpha points. GateAlpha currently supports popular public chains such as SOL, ETH, GateLayer, BNBChain, Base, SUI, ARB, WorldChain, AVAX, Polygon, LINEA, ZK, and OP, and enables seamless cross-chain token trading through contract address search, facilitating one-click access to all on-chain tokens.