Crypto Pro Updates
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πŸ‘‹ DappRadar is shutting down as operating the platform has become "financially unviable in the current environment." coindesk
πŸ” After 8 months of inactivity, the Mt.Gox wallet just transferred 10,423 #BTC ($936 million) to a new wallet. #mtgox
πŸ“‰ #BTC #ETH #ETF Yesterday, total net outflows of spot BTC-ETFs totaled ~$220.1 million.

Total net outflows of spot ETH-ETFs amounted to ~$182.7 mln.
πŸ“Š Santiment: total cryptocurrency market capitalization fell 13.5% in the last week, and #BTC fell below $90,000 for the first time in 7.
Apart from the modest weekly growth of #ZEC (+7%), #XMR (+5%) and #ASTER (+10%), the largest cryptocurrencies caused serious problems for traders.
πŸ‡ΊπŸ‡ΈπŸ¦ Cryptocurrency company LevelField has received Illinois approval to buy a Chicago bank. cointelegraph
πŸ”πŸ³ Whale Transactions:

1. Treasury company #SOL Forward Industries has transferred 1,887,962 SOL (~$260.19 million) from multiple addresses to Coinbase Prime in the past few hours;
2. Machi Big Brother was liquidated. He then opened a new 25x long at 368.89 #ETH ($1.11M) and was liquidated again. He put another 256.7k #USDC into HyperLiquid to open a long on ETH.
3. After the market crash on Oct 11, 0x35d1 opened a short on #SOL and now has $14.75m in unrealized gains. He continues to short and the total position stands at 394,153 SOL ($52.39 million).
πŸ‘€ #BTC #MET [Trading] New Trading Support for Meteora (MET2) (KRW, BTC, USDT Markets) upbit BTCUSDT: 90061,69 #Upbit #Listing
πŸ“‰ #BTC Shares of KindlyMD (Nasdaq: NAKA) are down nearly 10% after delaying its third-quarter filing; shares are down 25% over the past week and more than 95% from six months earlier. decrypt
πŸ₯³πŸ†• #MET Meteora(#MET) Won Market Added (#Transaction Fee Free) feed.bithumb.com #Bithumb #Listing
πŸ₯³πŸ†• #MET [Market Addition] Added Meteora (#MET) KRW Market (#Free Trading Fees) feed.bithumb.com METUSDT: 0,452 #Bithumb #Listing
πŸ‡ΊπŸ‡Έ The SEC's latest document on screening priorities does not mention cryptocurrencies as an area of focus for next year, unlike previous years. cointelegraph
πŸ” The #LIBRA team withdrew 3.94 million #USDC from the liquidity pool and spent 17 million #USDC to buy 127,774 #SOL at $133.

Also, the FMdRow whale bought another 134,680 #SOL ($17.85 million) today. This whale has accumulated 324,568 #SOL ($44M) at ~$160 over the past month, and now has an unrealized loss of ~$8M.
πŸ“Š #XRP Glassnode: XRP's supply share of profit has fallen to 58.5%, the lowest level since November 2024 when the price was $0.5.
Today, despite trading at roughly 4x the price ($2.15), 41.5% of supply (~26.5 billion XRP) is at a loss - a clear sign of an overcrowded and structurally fragile market dominated by late buyers.
✏️ #BTC Arthur Hayes posted a new essay noting that BTC's decline is due to reduced liquidity, not fundamentals, as #ETF and DAT flows are declining.
He believes that BTC will potentially fall to $80-85k. However, once the US stock market recovers and liquidity returns, BTC could recover to $200-250k by the end of the year.
πŸ₯³πŸ†• #MET Meteora (#MET) Wonhwa Market Addition Airdrop Event feed.bithumb.com #Bithumb #Listing
πŸ₯³πŸ†• #MET [Event] Airdrop Event to Celebrate the Addition of Meteora (#MET) to the Korean Won Market feed.bithumb.com METUSDT: 0,4441 #Bithumb #Listing
πŸ€” #SOL #ETF Bloomberg analyst: the Fidelity Solana #FSOL ETF is scheduled to launch today. The fee is 25 basis points. This is by far the largest asset manager in this category, unless you count BlackRock.
#BSOL came out first, with $450 million in its account, #VSOL launched yesterday.
Canary Capital will also launch their Solana ETF - #SOLC.
πŸ’Έ #BTC Over the last 24 hours, ~$1.02 billion worth of contracts have been liquidated, of which longs have liquidated ~$724 million and shorts ~$291 million.
πŸ€‘πŸ˜± #BTC The fear and greed index is 11 - extreme fear.
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πŸ™‹β€β™‚ #POL Mastercard has chosen Polygon to develop a new system that will allow cryptocurrency to be sent to usernames instead of long wallet addresses. coindesk
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πŸ“‰πŸ‘€ #BTC #MSTR Saylor announced the purchase of 8,178 BTC at an average price of $102,171, about 10% above current market levels.

This recent bitcoin move puts ~40% of Strategy’s 649,870 BTC holdings in the red, with only 60% still in profit.
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