PANews reported on November 26th that, according to @ai_9684xtpa, MON has risen 33% in the past 24 hours. The largest short position on the Hyperliquid platform for MON is currently showing a floating loss of $1.23 million: an address starting with 0xd47 holds a short position of 1.81 million MON, worth $7.67 million, with an opening price of $0.03566 per MON. In addition, this address also holds a short position in ZEC, worth $33.23 million, which has a floating loss of $6.08 million. However, this address holds positions in 13 different tokens, and overall still has a floating profit of $2.08 million.


BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
