Trump Media Transfers 4,259 $BTC Worth $343.67M to Exchange

Goldman Sachs has described the U.S. midterm election results as a "Blue Wave", which could have a significant impact on artificial intelligence and data center regulation. In its report, the firm stated: "Given that the Democrats won far more seats in the House of Representatives and Senate than expected, we anticipate the Democratic Party will leverage the upcoming fiscal deadline to seek policy concessions, particularly regarding curbs on the Iran war, the repeal of certain tariffs, and the reversal of recently implemented spending-cut measures."

According to TradingBeats monitoring, cross-market trader frenchlaundry has cashed out six major winning predictions, generating approximately $97,200 in profit; all of his short positions on Tesla have also been closed, yielding around $36,900 in profit. On Polymarket, these six positions centered on election results including Democrats controlling both chambers of Congress and multiple states, with a total cost of about $382,200 and a return of roughly 25.4%. Among them, around 100,000 "Democrats control both the Senate and House of Representatives" Yes positions earned ~$31,000 in profit; approximately 306,400 "Democrats win Texas Senate seat" Yes positions yielded ~$50,200. On Hyperliquid, frenchlaundry opened a new Tesla short position yesterday, with a total notional position of around $1,832,900 at an average price of ~$394.32, and closed all positions in the early hours of today. Both legs of this pair trade—betting on Democratic election wins and shorting Tesla—have now been exited.

According to TradingBeats monitoring, on the early morning of November 5, a crypto whale entered the market ahead of Arm's earnings report. Starting at 04:36 Beijing time, it built a short position; by the close of the US stock market at 5:00, it had shorted approximately $1.8368 million, with an average entry price of $190.82. At 05:03, the entire short position was forcibly liquidated at an average price of around $202.12, resulting in a loss of roughly $108,800. Only about 27 minutes passed between the whale's first entry and full liquidation. Notably, Arm's stock subsequently pulled back. As of press time, Arm's contract on Hyperliquid trades at $188.17, which is below the whale's original average entry price of $190.82. Arm's latest earnings report shows its quarterly revenue reached $1.443 billion, up 27% year-on-year, with data center royalty revenue doubling annually.

According to TradingBeats' monitoring, over the past three hours, a large whale's long position in Micron (MU) on Hyperliquid has undergone three consecutive partial liquidations, totaling 3,239.82 contracts, with liquidation proceeds of approximately $2.5117 million, incurring a loss of around $492,700. As of press time, the whale still holds a remaining MU position valued at roughly $2.67 million, with an average entry price of $927.34, an unrealized loss of about $482,200, and the next liquidation price stands at $754.44.

CryptoQuant certified analyst CryptoZeno published an analysis stating that Bitcoin’s current market structure shows cooling cycle momentum, but no extreme signals typical of major historical inflection points have emerged. The 30-day moving average of the Bitcoin Cycle Extremes Index has fallen to 15.8%, landing in the "Watch / Mild Pressure" range. BTC is now around 46% off its prior all-time high, yet the index remains far below levels corresponding to active or extreme market phases. The Cycle Extreme Oscillator also carries cautious signals: its 30-day moving average is near the bottom of its historical range and significantly below the 1.0 threshold. The indicator previously rose sharply during multiple active market phases in early 2021 and between 2024 and 2025, with no such shift seen currently. BTC is closer to a consolidation and low-activity phase than a confirmed cycle bottom. Low indicator readings do not mean selling pressure has been exhausted; further sideways movement or even a new downturn remains possible. Going forward, focus should be on whether the Cycle Extremes Index can sustain a rebound into the "Active Phase" range, and whether the oscillator can recover in tandem. Until these signals materialize, the cooling of market cycle momentum should not be misread as a trend reversal.

According to Lookonchain’s monitoring, bitcoin mining company MARA Holdings transferred 1,650 BTC, valued at approximately $132.8 million, to Galaxy Digital, Copper, and other platforms over the past 12 hours.