STABLE is trading at $0.055 in Binance perpetual contract pre-launch trading, market data show on Nov. 6. Binance announced the token has a total supply of 100 billion tokens, corresponding to a fully diluted valuation of $5.5 billion.

Polymarket data show the probability of Stable issuing a token in 2024 reached 97% as of November 6. Binance announced it will list STABLEUSDT perpetual contract for pre-launch trading on November 6 at 20:00 UTC+8, with leverage up to 5x.

The wallet machismallbrother.eth deposited 1 million USDC to Hyperliquid on November 6 and opened a 10x leveraged long position on 2,900 ETH worth approximately $9.8 million, Lookonchain data show. The wallet has recorded total profits exceeding $8.9 million and remains in profitable territory.

A whale address (0x96e) specializing in ZEC longs added 2,000 ZEC over a 5-hour period on November 6, bringing total holdings to $16.33 million with an unrealized profit of $2.86 million (87%) at an average entry of $424, on-chain AI analytics tool CoinBob data show. The address deposited $2.21 million to Hyperliquid over the past 3 days, opened 5x leveraged long positions, and continuously rolled positions to double the principal within 3 days, now holding the largest ZEC long contract on the platform. The largest ZEC short position holder (0xd47) on Hyperliquid has accumulated an unrealized loss of $11.3 million since establishing the position on October 11, with holdings reaching $26.02 million through continued averaging during price increases without any closures.

A whale address that previously generated over $14 million in profits on Hyperliquid deposited 25.56 million USDC to the platform on Nov. 6 and purchased 92,173 HYPE tokens worth approximately $3.68 million, Lookonchain data show.

An unidentified entity sold 7,066 ETH for 23.945 million DAI at an average price of $3,389 on Nov. 6, on-chain data show. The conversion was executed as a single on-chain transaction four hours before the report.

Binance Wallet launched a deposit and transfer campaign for Alpha tokens on Nov. 6, according to an official announcement. Eligible users who complete deposit and transfer tasks will share an Alpha token reward pool on a first-come, first-served basis. The campaign runs from Nov. 6 at 18:00 to Nov. 13 at 18:00 (UTC+8), with rewards distributed based on deposited tokens.

Justin Sun staked 45,000 ETH to Lido, valued at approximately $154 million, on-chain data show. The transaction occurred 15 hours prior to the November 6 report.

A whale address (0xb9f) re-entered an ETH long position at 1:00 AM on November 6, holding $43.74 million at an average price of $3,432 with an unrealized loss of $660,000, HyperInsight data show. The address had fully closed its ETH short position opened the previous evening, realizing a loss of $1.38 million. The whale previously closed a 34-day ETH long position on the morning of November 5 with a realized loss of $2.04 million, despite reaching an unrealized profit exceeding $6 million at its peak, and had briefly ranked second in ETH contract long positions on Hyperliquid before switching to a short position.