According to Caixin.com, Qian Zhimin, the main suspect in a money laundering case involving 60,000 Bitcoins, purchased Bitcoins at an average price of 2,815 yuan per coin (statistical method unknown). However, by the time she was sentenced in the UK, the price of Bitcoin had inflated 266 times to 750,000 yuan per coin. Regarding the disposal of the assets frozen in the UK, the UK has not yet made substantial progress towards returning or sharing them with the Chinese authorities. The Hedong Branch of the Tianjin Public Security Bureau, which is investigating the Lantian Gree case, also issued a notice on October 30 stating that the public security organs are continuing cross-border cooperation with UK law enforcement agencies to pursue fugitives and recover assets, making every effort to recover losses for those who participated in the fundraising scheme. On November 17, 2025, the UK High Court will hold another hearing on the disposal of the 60,000 Bitcoins.

Huoxun Finance News, November 16th - According to Cointelegraph, Anthony Bassili, President of Coinbase Asset Management, stated that there is still no clear consensus among ordinary investors regarding which crypto assets, besides Bitcoin and Ethereum, deserve close attention. Bassili pointed out that Solana "might" be a third asset worth considering. "The market is still quite uncertain about what assets should be held next," he added, noting a "very large gap" between XRP and Solana.

According to Lookonchain monitoring, whale DYzF92 just sold 33,366 SOL tokens (worth $4.71 million), which it bought seven months ago, resulting in a loss of $230,000. The whale initially bought 32,083 SOL tokens (worth $4.94 million) and earned 1,283 SOL tokens (worth $181,000) in rewards through staking over the past seven months, but even so, it ultimately suffered a loss.

Huoxun Finance reported on November 16th that Yala, the Bitcoin liquidity provider and its native stablecoin project, announced on the X platform that it has noticed recent community concerns and is actively investigating. More updates will be released soon. According to a GoPlus alert, Yala's stablecoin YU previously appeared to be experiencing suspicious activity similar to USDX. An address borrowed the full amount of USDC and most of YU from the YalaFrontier market on Euler, failing to repay for an extended period at high interest rates, resulting in 100% market utilization and lenders being unable to withdraw. YU liquidity on EVM is low; while the apparent LP size is large, over 90% is YU itself, which is difficult to exchange for other stable assets, posing a significant risk of liquidation and de-pegging. According to Coingecko data, YU is currently trading at $0.97 and has not yet fully returned to its peg.

Huoxun Finance reported on November 16th that Santiment, a cryptocurrency sentiment analysis platform, tweeted that while a surge in Bitcoin discussion on social media isn't necessarily a sign that the cryptocurrency has bottomed out, it significantly increases the likelihood of a market reversal. Last Friday, when Bitcoin's price fell below $95,000, related discussion reached its highest point in four months, indicating severely heightened retail investor panic and market uncertainty (FUD).