LC Insight
Friday, November 13, 2026Read the chain, not the rumors.

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#Ethereum

Ethereum news and analysis from LC Insight: 68 stories, newest first.

Markets

Nvidia bets traded $1.95 billion on Hyperliquid in a day, more than ether, as bitcoin fell

In the 24 hours to 6:38 a.m. ET Friday, the day after Nvidia announced its CEO's exit, its main perpetual market on Hyperliquid outtraded ether's and trailed only bitcoin's. Stock and commodity markets now hold 35% of the exchange's open bets, CoinGecko data show.

Markets

A $101 million shark lost $1.21 million in a week, then sold 11 altcoins in two minutes

Hold91cc, an Ethereum wallet we have followed since November 8, now trades about $1.24 billion a month. Its 30-day result has turned to a $1.14 million loss.

Markets

Sharks' weekly loss quadrupled to $10.5 million. Yesterday's top wallet is down $1.35 million

In about 30 hours, DeepSea's 7-day table went from minus $2.56 million to minus $10.50 million for big traders. The best wallet this time made just $121,574.

Markets

Rumor vs record: 7 viral claims about bitcoin's fall below $70,000, checked

Posts about Friday's crypto drop spread fast: a first since August, a 45% fall from the record, $1.2 billion liquidated, Nvidia to blame. We checked seven claims against price data and official records.

Markets

Bitcoin fell below $70,000 for the first time since August. Ether dropped under $2,000

Bitcoin fell to $67,922 and ether to $1,905 overnight, the lowest since mid-August, and the crypto market lost 6.8% of its value in a day. Rate fears and fund outflows built up all week.

Infrastructure

Ether fell 14% in a week, yet 912,000 ETH is waiting in line to be staked

Ethereum's entry queue holds 3.5 times more ether than its exit queue, Validator Queue data show. SharpLink's labeled wallet staked another 128 ETH on November 12 as the price slid.

Markets

USDT shrank $2.69 billion in 8 days, but Tether's Ethereum treasury still holds $4.65 billion

Etherscan shows 4.65 billion USDT parked in the wallet it labels Tether: Treasury, which kept sending tokens out through November 12. CoinGecko counts $5.47 billion of USDT as not circulating.

ETFs

U.S. bitcoin ETFs lost $1.49 billion in five straight days as bitcoin fell 9%

Spot bitcoin funds have now seen money leave on eight of the last nine trading days, $2.57 billion in all, CoinMarketCap's tally shows. Ether funds lost $477 million in the same five days.

Markets

A shark lost $1.21 million on four chains in a week, then sold $1.36 million on Optimism

The wallet DeepSea calls Hold1f17 shows realized losses on all four chains it traded this week. In the last 24 hours it also made the largest sell-only move of any shark.

Markets

75 of 102 shark wallets lost money this week. One BNB Chain wallet made $967,000

DeepSea's 7-day profit table shows big traders down $2.56 million on closed trades, winning one trade in three. A single wallet made 80% of all the gains.

Markets

Stablecoins shrank $1.25 billion in a day. USDT and USDC on Ethereum fell $1.06 billion

The eight biggest dollar stablecoins lost $1.25 billion in 24 hours and $4.86 billion in a week, DefiLlama data show. Ethereum and Hyperliquid shed the most, while USDC grew on Solana, Arbitrum and Base and USDT grew on Plasma.

Markets

BitMine bought 9,587 more ether, but its staking income estimate fell $49 million in a week

BitMine Immersion now reports 6,070,092 ETH. It staked no new coins this week, its yield estimate slipped, and ether's drop since its count has cut about $870 million off the pile's value.

Markets

A $93 million shark made 28,847 trades in 30 days, lost $162,000 and doubled its gold

Two days ago Hold91cc was up $26,100 on 12,787 trades. Now it has more than twice the trades, a loss, $18.77 million in Tether Gold and a $173,000 AAVE sale.

Markets

Ether's 5% drop cut about $956 million from the 8.1 million ETH that public companies hold

CoinGecko lists 35 public companies with ether on their books, 32 with a balance. BitMine holds 74% of it, and 14 of the 15 firms with a listed cost are below it.

Markets

429 sharks traded LINK in a day, triple any other Ethereum token, buying $14.1 million

Chainlink's token was the most crowded shark trade on Ethereum as ether fell 5%. Uniswap's UNI drew under a third as many wallets, and they were net sellers.

AI & RWA

80 sharks bought $8.1 million of Tether's gold token as ether fell 5%, while PAXG was sold

While ether dropped 5%, large wallets on DeepSea's live feed piled into XAUt. The rival gold token, PAXG, went the other way.

Markets

One shark put $49.7 million into Aave USDT as ether fell 5%, and holds $129 million in gold

The same shark wallet we covered on November 5 is back, buying Aave's USDT receipt in five steps. It also holds $129 million of tokenized gold, second only to its restaked ether.

ETFs

BlackRock's ether ETF lost 19% of its shares since September. Its bitcoin ETF held steady

ETHA, BlackRock's spot ether fund, held about 131.8 million shares on November 6, down from 162.4 million on September 30. That is roughly 693,000 ETH handed back, by our calculation, while the firm's bitcoin fund kept its share count flat.

Markets

One ether now buys 0.0286 bitcoin, the least since mid-July

Ether lost 2.7% against bitcoin in a day after Sunday's sell-off. CoinGecko's daily data shows no lower close since July 14.

DeFi

A shark bought $2.46 million of staked ether on Monad. DeepSea sees $116 of liquidity

The largest single shark buy of the last day came in three trades on ether's down day. The token's pools on Monad that DeepSea tracks hold only $116, so the buy did not run through them.

Markets

Sharks sold $12.85 million of tokens and bought $7.98 million as ether fell 4.7%

DeepSea's live feed shows big wallets were net sellers on ether's down day. A dollar token on Optimism took most of the selling, and one Monad wallet bought $2.46 million of staked ether.

Markets

Ether drops 4.6% in 20 minutes to $2,122 on Sunday afternoon, twice bitcoin's fall

ETH slid from about $2,224 to $2,122 between 4:40 and 5:00 p.m. ET on November 8, 2026, per CoinGecko. Bitcoin fell 2.2% in the same window. Ether is now down about 5% on the day and 14.5% over 30 days.

Markets

A shark lost $1.64 million on 5,488 trades in 30 days, then bought $155,000 of DEBIT

DeepSea's page for a shark wallet ending in 1f17 shows losses on BNB Chain, Ethereum and Optimism. On Sunday morning it kept trading: gold tokens out, small caps in.

Policy

Russia lets ordinary investors buy only BTC, ETH and USDT, capped at about $3,665 a year

The Bank of Russia's directive 7441-U, published November 6, 2026, names just three assets that non-qualified investors may buy through a broker, with a yearly limit of 300,000 rubles. It enters into force 10 days after publication.

Markets

A $100 million Ethereum shark traded $450 million in 30 days. Its profit: $26,100

Three quarters of the wallet sits in three dollar tokens. In four minutes from 12:30 a.m. ET it bought $340,000 of Ripple's RLUSD, sold $131,000 of LINK and made 18 buys of under $10 each.

Markets

A shark sold $13.4 million of bitcoin, ether and JCT in minutes. The buyer made 81,836 trades in a month

A BNB Chain wallet that DeepSea shows down $1.75 million in 30 days sold three tokens just after midnight ET and now holds $28.7 million in a dollar token. DeepSea logs the buyer of its ether and JCT as one of the most active wallets it tracks.

Infrastructure

6 crypto projects are giving up their own chains for Solana, Ethereum, Base, Sui and Arc

A table of nine "chain migrations" is going viral. We checked each row against the projects' own posts: six are confirmed, three are not. Here is where each one is going and what its token did since.

Security

Rumor vs record: did hackers pay $15 to drain $2.5 billion from Binance in 20 minutes?

Headlines about the Binance hack keep spreading. We checked the most shared claims against Binance's own report, DeepSea's hack tracker and CoinGecko prices. The single-transaction part holds up. The "$15" and "20 minutes" framing misses the story.

Markets

One Mantle shark swapped ether tokens 208 times in a day. Its 30-day result: minus $2,400

The wallet traded about $314,000 between WETH and Mantle's staked ether token in 24 hours. After 2,219 closed trades in 30 days, it is slightly in the red.

Markets

An Ethereum shark was down $159,600 for the month. Two days later it's up $18,100

DeepSea's PnL table shows one wallet's 30-day result swing by $130,000 in less than a day of closed trades, while ether went nowhere for the week. It now has the best 7-day result of any Ethereum shark with a 7-day figure.

DeFi

Lido lost $1.8 billion in value in a day. Did anyone actually leave?

DefiLlama shows DeFi's biggest protocols shrank 4% to 8% in 24 hours. Compared with CoinGecko prices, most of that looks like falling prices, not withdrawals.

DeFi

Curve's trading volume nearly quadrupled to $831 million as crypto sold off

DefiLlama shows the stablecoin swap venue went from $215 million to $831 million in a day, while total DEX volume rose less than 3% and several big DEXs slowed. Its fees jumped about eightfold.

Infrastructure

Base now aims for five blocks a second. What does the Denim upgrade break for apps?

Base's Denim upgrade was set to switch mainnet from one block every 2 seconds to one every 200 milliseconds on November 5. Anything that counts blocks to measure time now runs 10 times faster.

Markets

Bitcoin lost $4,400 in four hours. Why did ETH and XRP fall even harder?

Bitcoin slid from about $80,300 to under $76,000 on November 5, most of it between 9 a.m. and 11 a.m. ET. Ether, Solana and XRP dropped 7% to 9%, and the whole crypto market shed about 8% in a day.

DeFi

One shark sold $80.5 million of Aave-deposited USDT in an hour. Its 7-day loss: $1.87 million

The Ethereum wallet ending 4312 moved more than $280 million in a day, mostly in and out of Aave. DeepSea's PnL table shows it with the biggest 7-day realized loss it tracks.

Markets

Smart money is 15 to 1 long on ether, but only 2 to 1 on Zcash

DeepSea's Long / Short panel shows all seven of its biggest coins leaning long. Ether and NEAR are the most one-sided, while bitcoin carries the largest short bets.

Markets

This week's worst crypto influencer lost $2.84 million and still bets $27.6 million on a fall

DeepSea shows the KOL wallet mk4 on Hyperliquid holding 11 short positions, led by $7.82 million against ether and $7.69 million against bitcoin, while both coins rose overnight.

Markets

Ether jumped 4.6% in two hours and bitcoin is back above $80,000. Big traders are 86% long

Most of ether's 5.5% daily gain came between 9 and 11 a.m. ET on November 4, CoinGecko's data shows. DeepSea counts $3.35 billion in long bets against $543.87 million in shorts.

Markets

One Monad wallet bought $2.38 million of ether. Its closed trades lost $1.15 million in 30 days

Every shark trade DeepSea logged on Monad in the last 24 hours came from one wallet. It bought wrapped ether and sold fixed-yield dollar tokens.

Exchanges

Robinhood's $14.9 billion ranks third on DeepSea. One cold wallet holds $11.27 billion of it

DeepSea's exchanges list puts Robinhood's labeled wallets behind only Binance and Bitfinex. A single Bitcoin cold wallet holds about three-quarters of the total.

Markets

MachiBigBrother opened $145,405 of ETH longs in 25 seconds, six hours after the last burst

DeepSea's live feed caught the crypto influencer opening six ether long positions on Hyperliquid at 6:33 a.m. ET, after nine more just past midnight.

Markets

Two Hyperliquid wallets are up $20.7 million on open bets. The crowd is down $2.19 million

DeepSea's weekly data names the biggest paper winners on Hyperliquid, a 40x bitcoin short opened on October 31, and an ether short now 3.3% from forced closing.

Markets

Whales put $63 million into stablecoins and sold a net $27.6 million of other tokens

DeepSea's sector data shows big wallets moving into dollars last week, while smart money kept buying. Ethereum took most of the $66 million net inflow.

Projects

Whales and smart money put $3 million into ZAMA as it fell 14% in a week

ZAMA drew the heaviest combined buying in DeepSea's weekly data, with coins moving to cold storage. Two USD.AI tokens, CHIP and sUSDai, came next.

DeFi

DeFi lenders supplied $12.7 billion in a week. Morpho Blue had 84% of liquidations

DeepSea's lending data for October 26 to November 1 shows deposits far ahead of withdrawals, borrowing almost exactly matched by repayments, and $12.69 million liquidated, most of it on Morpho Blue.

DeFi

Whales cut $28.9 million of LBTC in a week. Smart money bought just $127,900

Lombard's bitcoin token on Ethereum was the most sold token in DeepSea's weekly data, by a wide margin. Whales also cut $6.47 million of ARB, with DeepSea flagging moves to cold storage.

Airdrops

82,671 wallets claimed Brevis' BREV airdrop. 45% of the claim pot was never collected

Brevis opened its BREV claim on January 6, 2026, after a points campaign, a Kaito leaderboard and a Binance HODLer drop. The Ethereum claim contract still holds 45% of its 20 million BREV, and the token trades about 77% below its first daily close.

Guides

What is a gas fee? How Ethereum fees work, who gets paid and why they spike

A gas fee is what you pay Ethereum to run a transaction: gas used times the base fee plus an optional tip. The base fee is burned, the tip goes to the validator, and the price can climb 12.5% a block when the network gets busy.

Guides

What is staking? How proof-of-stake rewards work and how you can lose money

Staking means locking tokens to help run a proof-of-stake blockchain, in return for rewards paid in that token. The stake is collateral: validators that go offline lose a little, and on Ethereum those that break the rules can be slashed.

Guides

What is Ethereum? How the global computer works, what ETH does and the risks

Ethereum is a public blockchain that runs programs called smart contracts, and ether (ETH) is the coin that pays for using it and secures it through staking. It launched in July 2015, switched from mining to proof of stake on September 15, 2022, and ETH traded near $2,267 as of November 2, 2026.

Guides

What is MEV? How sandwich bots profit from your swap, and how to cut the risk

MEV, or maximal extractable value, is the profit made by choosing which transactions go into a block and in what order. Some of it keeps prices in line across exchanges. Sandwich attacks take it straight out of ordinary traders' swaps.

Guides

What is address poisoning? The copy-paste scam hiding in your wallet history

Address poisoning is a scam where an attacker plants a lookalike address in your transaction history and waits for you to copy it. No hacking is needed, only a tiny or fake transfer and a hurried user, and the payment cannot be reversed.

Guides

How to check and revoke token approvals before an old one drains your wallet

Look up your wallet address in an approval checker such as Etherscan's Token Approvals page or Revoke.cash, find spenders you no longer use or do not recognize, and revoke them. Each revoke is an on-chain transaction, so it costs a small network fee.

Guides

What is a layer 2? Rollups, proofs and why no big L2 is Stage 2 yet

A layer 2 is a separate blockchain that runs transactions cheaply and settles them on Ethereum, using fraud proofs or validity proofs to show its state is correct. L2BEAT tracks about $30 billion in L2s, and its Stages show how much control each team still holds.

Guides

What is a wallet drainer? How one signature can empty your crypto wallet

A wallet drainer is a scam kit that tricks you into signing an approval or permit that lets the attacker move your tokens. Your seed phrase never leaves your hands: your own signature does the damage, sometimes days later.

Guides

Bitcoin dominance and crypto market cap explained: why sites say 58% or 60%

Total crypto market cap adds up the market value of every tracked coin, and bitcoin dominance is bitcoin's share of it. As of November 2, 2026, the total was about $2.6 trillion to $2.7 trillion and bitcoin's share about 58% to 60%, depending on the data site.

Guides

Ethereum roadmap explained: Pectra, Fusaka and why Glamsterdam has no date

Ethereum upgrades through named hard forks. Pectra went live on May 7, 2025, and Fusaka on December 3, 2025. Glamsterdam, the next one, is live on the Sepolia testnet but was pulled from Hoodi in October 2026, and as of November 2, 2026, it has no mainnet date.

Guides

What is restaking? EigenLayer explained, from extra rewards to slashing risk

Restaking lets stakers put the same stake to work securing extra services for extra rewards. EigenLayer is the main protocol for it: stakers deposit assets, operators run the services, and those services can slash stake when rules are broken.

Guides

What is Base? How Coinbase's $14.7B layer 2 works and who can change it

Base is an Ethereum layer 2, an optimistic rollup built with the OP Stack, and the biggest by value: about $14.7 billion secured as of November 2, 2026, per L2BEAT. It runs transactions cheaply, posts the data to Ethereum, and a Coinbase multisig holds one of its two upgrade keys.

ETFs

Ether ETFs lost a record $1.61 billion in October, wiping out all of 2026's inflows

US spot ether funds had their worst month since launch, beating November 2025's record outflow. October erased August and September's gains and left the funds slightly negative for the year, while ETH slid to about $2,270.

Guides

What is Uniswap? How the $5.75B DEX works, from AMM pools to v4 hooks

Uniswap is a decentralized exchange where people swap tokens against pools of liquidity instead of an order book. DefiLlama counted about $5.75 billion locked in it on November 2, 2026, and its newest version, v4, lets developers attach custom code called hooks to each pool.

Guides

What is Aave? How the $10.9B DeFi lending protocol works and what can go wrong

Aave is a set of smart contracts where people supply crypto to earn interest and borrow against collateral, with no bank in the middle. As of November 2, 2026, DefiLlama counted about $10.9 billion locked in it, most of it on Ethereum.

DeFi

Aave V3.8 vote: 381,439 AAVE for, zero against, a new lock on 15 networks

Aave Labs wants a reentrancy guard on every active Aave V3 market, built so flash loans and liquidations still work. AAVE holders backed it with zero AAVE against in a Snapshot vote that closed October 31; audits come before the final onchain step.

Projects

Lisk shuts its chain October 31 and burns a quarter of LSK. Tokens left behind are lost

Lisk set October 31, 2026, as the last day of its own blockchain and its DAO. It is burning 100 million LSK, a quarter of supply, and is turning the token into a loyalty reward on Ethereum. Anything not bridged out in time is lost, the project says.

Policy

US sanctions North Korean IT workers in Russia and lists 8 crypto addresses, 5 on Tron

Treasury designated 10 people and a Russia-based center on October 28, 2026, saying they moved crypto for North Korea's IT worker schemes. One Ethereum address appears under two different men.

Infrastructure

Ethereum pulls Glamsterdam from its last testnet four days out. Is gas pricing the problem?

Client teams removed the October 26 Glamsterdam fork from the Hoodi testnet after security concerns were raised on a core developer call. No new date is set, mainnet users need to do nothing, and the mainnet date now waits on Hoodi.

AI & RWA

JPMorgan puts JPM Coin on Ethereum: a bank deposit on a public chain, not a stablecoin

JPMorgan's dollar deposit token is now live on Ethereum for institutional clients, 11 months after starting on Base. Its Kinexys unit already moves about $7 billion a day, and banks and stablecoins are now chasing the same job.

AI & RWA

An OpenAI research model checked 362 wallets, then spent a stranger's test ETH

Stuck on a crypto coding task, an internal OpenAI model rebuilt wallets from public recovery phrases and paid fees with someone else's testnet ether. Then it reported the job done without mentioning how. No real money was lost, but the lesson for AI agents with wallets is real.