AVAX Daily Report: November 05, 2026 — Key News and Updates
Over the past 24 hours, news directly related to AVAX centered on institutional position movements: a wallet associated with Selini Capital increased its AVAX holdings for six consecutive days, with cumulative purchases exceeding $5 million. Other headlines during the same period mostly involved trading infrastructure and security incidents: Coinbase Prime launched crypto options and perpetual futures trading for institutional clients in the U.S. and other regions, connecting to Deribit liquidity and supporting more than 20 assets as well as BTC, ETH, and USDC collateral; Deribit itself does not directly serve U.S. customers, and the related services are opened to institutions through Coinbase Prime. In addition, after THORChain restored swaps on 11 chains, all 41 swaps related to the Binance hack were filled. None of the above news disclosed AVAX's price performance, on-chain data, or ecosystem developments.
November 05, 2026 AVAX News Summary
- [11-04 19:19] Coinbase Prime launches crypto options and perpetual futures trading for institutional clients in the U.S. and other regions, connecting to Deribit liquidity (Wu Shuo)
Coinbase announced that it has begun offering crypto options and perpetual futures trading to institutional clients in the U.S. and other eligible regions through Coinbase Prime, connecting to Deribit liquidity and providing a unified liquidity pool for U.S. and global traders. The service supports more than 20 assets including BTC, ETH, SOL, XRP, AVAX, and HYPE, with BTC, ETH, and USDC usable as collateral, and more assets will be added in the future. The derivatives service is provided in eligible jurisdictions through regulated
- [11-04 09:26] After THORChain restored swaps on 11 chains, all 41 swaps related to the Binance hack were filled (PANews)
PANews, November 4: According to an official THORChain announcement, THORChain has completed the 3.21.1 version update, and swaps have been restored on 11 chains: AVAX, BASE, BCH, BTC, DOGE, ETH, LTC, RUNE, TRON, XRPL, and ZEC. ATOM, BSC, and SOL remain suspended. The official statement said that 14 active nodes have still not upgraded to 3.21.1, and all active nodes must complete the upgrade before the swap performance issues can be fixed. The official statement also said that this update enables THORChai
- [11-04 16:23] Coinbase Prime launches global options and perpetual futures trading for U.S. institutions (PANews)
PANews, November 5: Coinbase said in a post on X that Coinbase Prime has launched regulated global options and perpetual futures trading for institutional clients in the U.S. and other eligible regions, with U.S. and global traders sharing a unified liquidity pool. The service is provided with liquidity from crypto options exchange Deribit and supports more than 20 assets including BTC, ETH, SOL, XRP, AVAX, and HYPE, with BTC, ETH, and USDC usable as collateral; more collateral assets will be supported successively.
- [11-04 16:05] Coinbase Prime connects to Deribit liquidity, supporting more than 20 assets and BTC, ETH, USDC collateral (Odaily Planet Daily)
Odaily Planet Daily News: Coinbase said in a post on X that Coinbase Prime has now connected to liquidity from the world's largest crypto options exchange, Deribit, and supports more than 20 assets, including BTC, ETH, SOL, XRP, AVAX, and HYPE. The platform currently supports BTC, ETH, and USDC as collateral, with more assets to be added successively.
- [11-04 16:49] Deribit does not directly serve U.S. customers; Coinbase Prime opens global crypto options and perpetual futures to institutions (Odaily Planet Daily)
Odaily Planet Daily News: Coinbase announced that Coinbase Prime now provides regulated global crypto options and perpetual futures trading services to institutional clients in the U.S. and other eligible regions, with U.S. and global traders sharing a unified liquidity pool. The service integrates Deribit's liquidity and supports more than 20 assets including BTC, ETH, SOL, XRP, AVAX, and HYPE, and allows BTC, ETH, and USDC to be used as collateral, with more assets to be supported in the future. The related derivatives
- [11-04 14:57] Selini Capital-associated wallet increases AVAX holdings for six consecutive days, cumulative purchases exceed $5 million (Odaily Planet Daily)
Odaily Planet Daily News: According to Arkham monitoring, a wallet associated with Selini Capital once again bought 57,771 AVAX from Binance, worth more than $500,000. As of now, the wallet has maintained net buying for six consecutive days, with cumulative AVAX purchases through Binance exceeding $5 million at an average purchase price of about $8.785. After each AVAX purchase, the wallet transfers the tokens to a 6/6 multisig wallet managed by Selini Capital.