Three newly created addresses withdrew 4,920 ETH (approximately $16.25 million) from Tornado Cash on November 7 and sold the tokens at around $3,302 per unit, Lookonchain data show. The addresses had no prior transaction history before executing the withdrawals and sales.

DeAgentAI (AIA), an AI infrastructure project on the Sui blockchain, surged 473% over 24 hours to $9.47 on November 7, after briefly reaching $9.8, Binance Alpha data show. The token rallied more than 50% within four hours, triggering significant liquidations on Binance where short positions accounted for 70% of liquidations during that period and represented 34% of total network-wide liquidations.

A whale address known as "7 Siblings" purchased 1,601 ETH for $5.25 million on Nov. 7, on-chain data show. The entity has accumulated 45,800 ETH using 163 million USDC since the market decline on Oct. 11, Yu Jin reports.

Binance has become a validator node for Sei Network, a high-performance Layer 1 blockchain designed for institutional financial applications, the exchange announced on Nov. 6. The platform, which manages $180 billion in assets for over 200 million users, will provide enterprise-grade security to Sei's consensus layer. Sei currently achieves 400-millisecond block finality and processes an average of 4.5 million transactions daily across more than 70 million wallet addresses. The network's upcoming Giga upgrade targets throughput of 5,000 gigagas per second and approximately 200,000 transactions per second, representing a 50x improvement over existing EVM chains.

Japan's Financial Services Agency announced Nov. 7 support for a joint stablecoin issuance pilot by Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank, CoinDesk reports. The pilot marks the first initiative under the newly established Payment Innovation Project (PIP) designed to advance payment sector innovation. Mitsubishi Corporation will serve as business partner, Progmat will provide issuance infrastructure, and Mitsubishi UFJ Trust and Banking Corporation is expected to handle trust functions.

Multiple Wall Street banks warned that pressure in U.S. money markets may flare up again, potentially prompting faster Federal Reserve intervention to contain a fresh surge in short-term rates, the Financial Times reported on Nov. 7. Short-term funding rates stabilized this week after tensions emerged in key segments of the financial system last month. Deirdre Dunn, head of rates at Citibank and chair of the Treasury Borrowing Advisory Committee, said she does not view this as an isolated anomaly lasting just a few days, while Scott Skyrm, executive vice president at Curvature Securities, noted funding stress is likely to return at least by month-end and year-end. Meghan Swiber, rates strategist at Bank of America, said aggressive Treasury bill issuance at historically high levels could exhaust traditional investor demand, suggesting the Fed may need to step in as a buyer.

Ark Invest purchased 215,709 shares of BitMine stock valued at approximately $8.06 million on November 6, Ark Invest Tracker data show. The acquisition was made by Cathie Wood's investment firm.

Stream Finance suspended deposits and withdrawals on Nov. 3 following a liquidation event that resulted in approximately $93 million in losses on Oct. 11, the platform announced. An external fund manager's position was liquidated during significant market volatility. The incident exposed liquidity risks across multiple DeFi protocols, with Elixir facing $68 million in exposure and Morpho addressing liquidity shortfalls in certain pools, which the protocol's co-founder said were not system vulnerabilities. Yield-bearing stablecoins saw their largest weekly outflow since the Luna collapse, totaling $1 billion, while Ethena Labs' USDe market cap fell below $9 billion, down roughly 45% over the past month.

Yield-bearing stablecoins saw $1 billion in outflows over the past week, the sector's largest weekly redemption since the Terra-Luna collapse in May 2022, Stablewatch data show. Stream Finance's xUSD was liquidated entirely following a $93 million loss in underlying fund assets. Coinshift's csUSDL saw its total value locked drop 95% to $1.92 million, while Elixir's deUSD and sdeUSD both faced liquidity crises.