🤔 #BTC CEO CQ: from a onchain cycle perspective, the bull cycle technically ended earlier this year when bitcoin hit around $100k.
According to classic cycle theory, the market should return to a realized price around $56k to form a cyclical bottom, but since players like MSTR are unlikely to sell and these coins are effectively taken off the market, I doubt we'll see $56k.

🔍🐳 Whale Transactions:

1. Tom Lee of Bitmine bought 17,242 #ETH ($44.46M), and now has ~3,623,002 #ETH ($10.4M);
2. 66kETHBorrow bought another 57,725 #ETH ($162.77 million) today and now owns 432,721 #ETH ($1.21 billion). In total, he borrowed $602.6 million in stablecoins on Aave;
3. Machi Big Brother sent another $115k to Hyperliquid to maintain a long on #ETH.

📊👀 #BTC Alphractal: The Repetition Fractal Cycle chart has been, so far, the only one that actually nailed the Bitcoin price top.

👍 Citi have completed a workflow trial to convert fiat money to digital currency using SWIFT. prnewswire

📉 #BTC #ETH #ETF Yesterday, total net outflows of spot BTC-ETFs totaled ~$903 million.

Total net outflows of spot ETH-ETFs amounted to ~$261 mln.

📊 Santiment: the top 10 leaders in trading volume growth this week.

💸 #BTC In the last hour, ~$963 million worth of contracts liquidated, of which $952 million is longs, and in the last 24 hours, $1.91 billion worth of contracts liquidated, of which $1.78 billion is longs.

🎰 Machi Big Brother has been completely liquidated - with only $15,538 left in its account and total losses exceeding $20.23 million.

👀 [Trade] Notice of Termination of Rally (RLY) Trading Support (12/22 3:00 PM) upbit #Upbit #Listing

🔍 Whale lost >$61 million in profits in just 10 days. 10 days ago, his total profit on Hyperliquid was nearly $100 million.
But when the market crashed, his big longs on #ETH and #XRP pulled him down hard - his total profit dropped to $38.4 million.

😱🤑 Fear&Greed Index for #BTC and #ETH

🔮 #BTC Head of Research at Bitwise Europe: I think the maximum pain will be reached the moment we reach the #IBIT $84k basis value or the #MSTR $73k basis value. It is likely that the final bottom will be somewhere in the middle.

📝 Profit/loss of top 3 DATs amid market decline:

- 649,870 #BTC ($54.52 billion) bought by Strategy at an average price of $74,433, now has an unrealized profit of $6.15 billion (+12.72%);

- 3,559,879 #ETH ($9.75 billion), bought by Bitmine at an average price of $4010, now has an unrealized loss of $4.52 billion (-31.67%).

- 6,834,506 #SOL ($874.8M), bought by Forward Industries at an average price of $232.08, now has an unrealized loss of $711M (-44.85%).

🆕 #BOB Binance Futures Will Launch USDⓈ-Margined BOBUSDT Perpetual Contract (2025-11-21). binance

📊 CQ: Altcoins now account for 60% of total trading volume on Binance, the highest since the beginning of 2025. #BTC and #ETH account for only 20%, which is extremely low compared to previous figures.

🗽📉 #BTC #ETF CEO CQ: BlackRock Bitcoin ETF just hit its largest weekly outflow ever: $1.09 billion so far.

🤔 #BTC CEO CQ: the market looks more bearish than I expected. If this continues, BTC probably won't see a strong recovery in the next 3-6 months.

📉🐶 According to CoinMarketCap, the memcoin sector's capitalization fell to its lowest point in 2025 on Friday to $39.4 billion. The sector lost more than $5 billion in 24 hours despite a 40% increase in trading volume. cointelegraph #memecoin

🕵️‍♂️ BlackRock just transferred another 4,198 #BTC ($348M) and 43,237 #ETH ($117M) to Coinbase Prime.

🇺🇸🇨🇳 #BTC The U.S. is probing Chinese BTC mining equipment giant Bitmain for national security threats - bloomberg

🙋‍♂ #SOL Coinbase buys trading platform on Solana Vector.fun