Pump.fun adds support for Sei trading on its platform.

According to TradingBeats monitoring, Hyperliquid’s NATGAS natural gas perpetual contract trades at $3.64, up roughly 3.13% in the past 24 hours, with a trading volume of around $38.42 million and an open interest notional value of approximately $32.37 million. Amid the price rally, long positions are facing elevated holding costs. The funding rate has been positive for all 24 hourly periods over the past day, totaling about 1.97%, meaning longs continuously pay funding fees to shorts. Calculated on a fixed $10,000 notional long position, the total payment over the past 24 hours is roughly $197. Notably, the hourly funding rate hit 0.1693% at 06:00 today, translating to a single payment of around $16.93 per $10,000 long position. The current hourly reference rate has since fallen back to approximately 0.0413%. In related news, Reuters reported on November 11 that cooling weather expectations, near-record liquefied natural gas (LNG) export demand, and recent production declines have jointly driven U.S. natural gas price gains, with some upside also stemming from short covering. However, there remains a gap between short-term weather trading and the broader winter supply-demand outlook. The U.S. Energy Information Administration (EIA) cut its forecast for the average Henry Hub natural gas spot price from November this year to March next year by 16% to $2.87 on November 10, citing warmer-than-expected weather in early November, upward inventory revisions, and production growth as key factors.

Crypto trader and ZEC’s major bull Taiki Maeda posted that he had to liquidate his long position in ZEC perpetual contracts, but will continue to hold ZEC spot. The trading performance screenshot he shared shows that over the past year, his cumulative profit was approximately $3.0468 million, with a return of +394.92%. Maeda remains bullish on ZEC’s performance in 2027, noting that Tachyon is expected to address some major issues facing Bitcoin. He also joked that this liquidation might be a "bottom signal".

According to monitoring by ai_9684xtpa, over the past two days, Elon Musk followed the account ChainChomp131, which has only around 5,000 followers and is suspected to belong to his son Saxon. Early this morning, the account launched the meme coin MAX, whose market cap once exceeded $13 million. Shortly after, Musk unfollowed the account, and MAX's price has since fallen 86.4% from its peak. Additionally, wallet address 9BMzT…FQdLU bought into MAX at its peak during the rally, then continued to add positions as the price dropped. The address has invested a total of $72,800, currently facing a loss of around $53,900, with its assets shrinking by 70% within five hours.

According to TradingBeats’ monitoring, address 0x30af opened a new Nvidia (NVDA) short position worth approximately $3.1657 million at an average price of $169.57 at 05:58 Beijing time this morning. About half an hour later, The Wall Street Journal cited sources familiar with the matter as saying that Nvidia’s board of directors was preparing to remove Jensen Huang from his CEO post. When the report hit news feeds, NVDA futures dropped to around $156.14 within minutes, down roughly 10% from its U.S. stock market closing level. The short position was opened between the two reports. News release records show that The New York Times published a report about Jensen Huang and a Nvidia executive at around 05:57, when the after-hours stock price was already weakening. The address quickly initiated the short trade one minute later. After that, at around 06:28, The Wall Street Journal reported on the board’s move, and the decline widened immediately. Independent directors of Nvidia had previously announced publicly that they had hired external lawyers to launch an investigation. Approximately four and a half hours before opening the short position, this “smart money” had just closed out a long position it bought after CoreWeave’s earnings report the previous day, realizing about $97,900 in profits. As of press time, the Nvidia short position is still fully held, with a position value of approximately $3.03 million, an unrealized profit of about $133,800, and a full-position cover trigger order set at $167.

According to Lookonchain’s monitoring, a whale that had been dormant for approximately 4 years transferred 1,000 BTC to Binance 8 hours ago, valued at around $73.78 million.

Serenity said in a statement that it hopes NVIDIA’s board of directors will continue to support Jensen Huang amid media and political pressure, citing how Tesla and SpaceX backed Elon Musk when he faced similar allegations. Serenity argues the incident will not end the AI investment rally, but keeping Huang in his role is more aligned with NVIDIA’s interests. If Huang steps down, significant uncertainty could trigger a sharp decline in NVIDIA’s valuation and push large capital flows to rivals like AMD. Earlier reports noted that, beyond the extramarital affair he had already admitted, Huang also had an extramarital relationship with Kimberly Powell, vice president of NVIDIA’s healthcare division. This marks the second time Huang has been exposed for an extramarital affair in a week. Separately, The Wall Street Journal reported that NVIDIA’s board is preparing to oust Huang, with a special meeting to discuss his position scheduled as early as local time on November 11. The news sent NVIDIA’s stock down roughly 9% in after-hours trading.