Odaily Planet Daily reports that AVAX One, a publicly traded company focused on the Avalanche ecosystem and aiming to "provide investors with regulated access to the Avalanche (AVAX) ecosystem," announced that it acquired 9,377,475 AVAX tokens for $110 million between November 5th and 23rd, 2025. The company disclosed that the weighted average price of the acquisition was $11.73 per token, increasing its total AVAX holdings to over 13.8 million tokens, valued at approximately $193 million at current token prices. AVAX One CEO Jolie Kahn stated that the company will retain approximately $35 million in cash for further token acquisitions and its own share buybacks. The company also plans to raise up to $550 million to further expand its AVAX treasury. AVAX One received approval for a $40 million share buyback program on November 20th. This accumulation strategy marks a significant transformation for the company, which previously operated as the agricultural technology business of AgriFORCE Growing Systems. Earlier this month, it rebranded as AVAX One and changed its ticker symbol from AGRI to AVX. AVAX One's activities come at a time when the Avalanche network is attracting institutional interest. The network has already drawn major financial institutions such as JPMorgan, Apollo Global Management, and BlackRock for various tokenization and settlement projects. Matt Zhang, Chairman of the Board of AVAX One and Managing Partner of Hivemind, stated that the current market volatility presents a favorable opportunity to accumulate AVAX and enhance its value for shareholders. Furthermore, the Avalanche Foundation is reportedly raising $1 billion to launch a digital asset treasury tool aimed at strengthening AVAX's role in on-chain finance and capital markets.

According to Unchained's monitoring, as of the end of Q2 2025, Framework Ventures, co-lead investor in the Berachain Series B round, held 21,145,476 BERA tokens at a total cost of approximately $72.4 million. The average purchase price of these tokens was $3.42, meaning Framework Ventures has suffered a paper loss of over $50.8 million on these BERA tokens at current prices. The report also states that other investors in the Berachain Series B round (total funding of $100 million) would also be operating at a loss if they had invested at the previously reported valuation of $1.5 billion. As of press time, BERA's fully diluted valuation (FDV) is approximately $526.7 million.

According to Huoxun Finance on November 25, on-chain analyst @ai_9684xtpa reported that after losing $1.804 million in the last ETH swing trading, swing trading whale nemorino.eth spent another 6 million USDC to buy 2014.87 ETH on-chain 5 hours ago, with an average cost of $2977.85.

Huoxun Finance News, November 25th - The Talus Foundation announced on the X platform the launch of an LP-based airdrop mechanism. Talus will airdrop yield-generating liquidity positions in the form of yUS tokens. yUS is a fungible token that encapsulates automated liquidity provision strategies for the US-USDC trading pool on MomentumDEX through the NODOAI vault. Participants in the Talus Token Generation Event (TGE) community airdrop include TallyNFT holders (snapshot EDT time November 17th, 10:00), community center participants (top 500 on the Q2 and Q3 leaderboards with Talizen Discord roles), participants in the Korea Blockchain Week (KBW) event, active TalusKaito users, and Kaito stakers. The first phase of the airdrop process: pre-registration (November 24th - November 28th). All eligible recipients must complete pre-registration during this period to qualify. The relevant website is now online. Phase Two: Claim (to be announced). All registered recipients must claim within this three-day window. Late claims will not be accepted. Previously, in September, it was reported that TalusNetwork, a decentralized AI agent infrastructure layer, had raised over $10 million in funding.

Odaily Planet Daily reports that in response to market rumors that "Berachain offered a $25 million special refund right to the Nova Fund," Berachain co-founder Smokey clarified on the X platform: "The story's framework is (A) incomplete and (B) inaccurate. We understand the need for dramatic narratives in a market where everyone is struggling, but this story appears to be directly orchestrated by malicious actors, particularly some very specific and disgruntled former team members. A few weeks ago, we first learned that Jack contacted token holders, former employees, and ecosystem projects, asking various leading questions (many completely unrelated to the final article's topic). During his brief stint as an investigative journalist for Blockworks, he began asking token holders misleading and factually incorrect questions. Although we never received any contact from Jack, our communications team decided to reach out to him and provided the following statement: 'Blockworks' reporting on this matter is neither accurate nor complete. Brevan Howard remains one of Berachain's largest investors. Their investments involve multiple complex business agreements, but like all investors, they are involved in B...'" Series B funding round, documents identical to all investors. —Smokey the Bera' With the end of Blockworks' editorial business and Jack's dismissal, and prior to this article's publication on Unchained today, we have no further discussion. To clarify the facts: 1. Brevan Howard co-led our Series B funding round a year ago from the Abu Dhabi office through Nova, a new pure liquidity investment vehicle with terms identical to other investors. Nova led this BeraChain funding round a few months ago. 2. Nova's compliance team requested terms in place in case BeraChain fails to conduct a TGE and go public, thus rendering the locked BERA purchased in the funding round ineligible for Nova's liquidity strategy. Therefore, we signed the letter attached to this article, committing Nova to further business arrangements, including providing liquidity protocols on the network, which is only possible upon network launch. This attached letter was not created to secure a deal with a party that was not originally interested, nor was it created to prevent losses after publication, as implied in the article, and there is precedent for this, as noted by the external lawyers mentioned in the report. 3. Contrary to everything implied in this article, Nova remains one of the largest, if not the largest, token holders in Berachain. They are liquidity providers, holding locked BERA from the Series B acquisitions and liquid BERA assets purchased on the open market, consistently supporting the market through highs and lows. If anything has changed, it's that they've increased their BERA exposure over time, despite operating a liquidity fund in a challenging alternative asset environment. 4. Several other claims in the story are completely untrue. Despite the statements in the article, no other buyer received the best deal in the Series B round. Despite the implied otherwise, Nova remains a holder of locked tokens in Berachain. Apologies to all those outside the company for all the information they've been subjected to due to this media cycle. People love to flaunt their wealth on platforms like BeraChain and Bera PA, where half-truths and excluded information provide a perfect opportunity for some. Ideally, I could speak more explicitly about some of the topics mentioned, but I also have an obligation to respect the confidentiality and compliance restrictions we adhere to, while considering the best interests of token holders. (Previous news, Unchained) The report states that Berachain's provision of a $25 million special refund right to a fund may have violated the SEC's anti-fraud requirements.