๐๐ค #BTC Glassnode: >90% of the apparent โshark accumulationโ is likely driven by internal reshuffling by large custodial entities, rather than net buying by new 100โ1K BTC holders.
๐คฎ1
๐ CQ: Buyer liquidity is drying up and the remaining liquidity is only circulating within the market, not expanding. Historically, this imbalance has only been corrected by lowering prices. That is exactly what happened above the $100,000 level, and now the same pattern is repeating itself.
If new liquidity does not enter the market, we may see an extended period of consolidation or short-term bounces. However, such movements will ultimately be meaningless bounces, which will likely be followed by further declines.
If new liquidity does not enter the market, we may see an extended period of consolidation or short-term bounces. However, such movements will ultimately be meaningless bounces, which will likely be followed by further declines.
๐โโ๏ธ #TON Kraken launches xStocks on TON through the Telegram wallet.
๐ณ A whale has purchased 3,650 $ETH for $10.35M from HyperLiquid and Lighter. The whale also opened a $ETH short position with 20x leverage on both platforms. link link
๐น๐ผ๐ #BTC The Ministry of Justice of Taiwan has revealed that the country now holds 210.45 Bitcoin in seized assets.
๐ฌ๐ง๐ฆ Bank of England cuts interest rates to 3.75%, marking the lowest level since early 2023. #macro
๐ฐ #SOL DePIN project powered by Solana Fuse Energy announced the completion of a second round of funding of $70 million at a $5 billion valuation.
๐ต๏ธ Wallet (0x03b5) has recently swapped $ETH for $BCH after being dormant for 9 years.
Over the past 2 weeks, the wallet (0x3508) has exchanged 4,619 $ETH ($13.42M) for 24,950 $BCH.
Over the past 2 weeks, the wallet (0x3508) has exchanged 4,619 $ETH ($13.42M) for 24,950 $BCH.
โก๏ธ๐บ๐ธ #macroUSA:
- Consumer inflation (CPI; Nov):
- m/m: 0.3% (prog: 0.3%; pre: 0.3%)
- y/y: 2.7% (prog: 3.1%; pre: 3.0%);
- Core (CPI) (y/y): 2.6% (prog: 3.0%; pre: 3.0%);
- Initial Jobless Claims: 230k (Prev: 230k)
- Consumer inflation (CPI; Nov):
- m/m: 0.3% (prog: 0.3%; pre: 0.3%)
- y/y: 2.7% (prog: 3.1%; pre: 3.0%);
- Core (CPI) (y/y): 2.6% (prog: 3.0%; pre: 3.0%);
- Initial Jobless Claims: 230k (Prev: 230k)
๐บ๐ธ๐ Crypto #ETF Flows Today:
Bitcoin ETFs:
1D NetFlow: +4,952 $BTC (+$434.82M)
7D NetFlow: -2,475 BTC (-$217.3M)
Ethereum ETFs:
1D NetFlow: -7,943 $ETH (-$23.59M)
7D NetFlow: -160,507 ETH (-$476.71M)
Solana ETFs:
1D NetFlow: +99,286 $SOL (+$12.61M)
7D NetFlow: +503,145 SOL (+$63.9M)
Bitcoin ETFs:
1D NetFlow: +4,952 $BTC (+$434.82M)
7D NetFlow: -2,475 BTC (-$217.3M)
Ethereum ETFs:
1D NetFlow: -7,943 $ETH (-$23.59M)
7D NetFlow: -160,507 ETH (-$476.71M)
Solana ETFs:
1D NetFlow: +99,286 $SOL (+$12.61M)
7D NetFlow: +503,145 SOL (+$63.9M)
๐จโโ #SOL Former PumpFun developer Jarrett Dunn sentenced by a British court to 6 years in prison for fraud by abuse of office.
๐โโ #USDC Intuit has integrated Circle's USDC to enable stablecoin payments within TurboTax and QuickBooks. This move aims to enhance payment options for users of these financial platforms. #stablecoin link
๐ฎ #BTC CF Benchmarks analysts consider BTC an integral part of an investment portfolio and forecast a target price of $1.4 million by 2035.