Bitcoin liquidations totaled approximately $963 million in the past hour, predominantly from long positions at $952 million. Over the past 24 hours, total liquidations reached $1.91 billion, with longs accounting for $1.78 billion.

Machi Big Brother has been fully liquidated, leaving him with $15,538 in his account. His total losses have exceeded $20.23 million.

Upbit to cease Rally (RLY) trading support on December 22 at 3:00 PM. Read more.

In a span of 10 days, a major whale's gains have sharply declined. Ten days prior, the trader's profit on Hyperliquid neared $100 million. Following a market downturn, his substantial long positions in Ethereum (#ETH) and Ripple (#XRP) resulted in a loss of over $61 million, reducing his total profit to $38.4 million. Source

In a span of ten days, a cryptocurrency whale saw over $61 million in unrealized profits evaporate. Ten days prior, the trader’s holdings in Hyperliquid yielded nearly $100 million in gains. However, a market downturn led to substantial declines in long positions in Ethereum (#ETH) and Ripple (#XRP), shrinking total profits to $38.4 million.

Head of Research at Bitwise Europe forecasts significant market pain at Bitcoin's intrinsic value of $84,000 and MicroStrategy's intrinsic value of $73,000, suggesting the final bottom may lie between these levels.

Head of Research at Bitwise Europe predicts maximum market pain as Bitcoin approaches intrinsic values of $84,000 for IBIT and $73,000 for MSTR, with the ultimate low expected to fall between these levels.

Top three DATs amid market downturn show mixed results:

- Strategy’s acquisition of 649,870 BTC, valued at $54.52 billion with an average purchase price of $74,433, now has an unrealized profit of $6.15 billion, or 12.72%.

- Bitmine’s purchase of 3,559,879 ETH, worth $9.75 billion at an average price of $4,010, currently carries an unrealized loss of $4.52 billion, or 31.67%.

- Forward Industries’ holdings of 6,834,506 SOL, valued at $874.8 million with an average price of $232.08, reflect an unrealized loss of $711 million, or 44.85%.

Binance Futures to Launch USDⓈ-Margined BOBUSDT Perpetual Contract on November 21, 2025. More details available at Binance support.

C.Q.: Altcoins now account for 60% of Binance’s total trading volume, the highest since early 2025. In comparison, Bitcoin and Ethereum combined hold just a 20% share, marking a notable decline from recent levels.

CEO CQ comments that the market appears more pessimistic than anticipated, suggesting that if this trend continues, Bitcoin is unlikely to see a substantial recovery over the next three to six months.

The memecoin sector's market capitalization declined to its lowest level of 2025, totaling $39.4 billion on Friday, according to CoinMarketCap. The sector lost more than $5 billion in value over 24 hours despite a 40% increase in trading volume. cointelegraph

Market capitalization of memecoins declined to $39.4 billion on Friday, marking the lowest level in 2025, according to CoinMarketCap. The sector lost more than $5 billion in value over 24 hours despite a 40% increase in trading volume. cointelegraph

BlackRock has transferred an additional 4,198 BTC, valued at approximately $348 million, and 43,237 ETH, worth around $117 million, on Coinbase Prime.

The United States is examining the activities of Chinese Bitcoin mining firm Bitmain for potential national security implications, Bloomberg reports.

Coinbase has acquired the trading platform Vector.fun, a Solana-based exchange.

USA November macro data:
- S&P Composite PMI: 54.8, up from 54.6
- S&P Manufacturing PMI: 51.9, down from 52.5
- S&P Services PMI: 55, up from 54.8

The market lacks whale activity as retail traders show signs of fatigue, contributing to a further decline in Bitcoin. Without a substantial rebound in institutional interest or retail engagement, Bitcoin is expected to remain under downward pressure.

USA:
- Michigan Consumer Sentiment (November): 51, down from 53.6.
- One-year Consumer Inflation Expectations (October): +4.5%, slightly below previous +4.6%.
- Five-year Consumer Inflation Expectations (October): +3.4%, down from +3.9%.

Michael Saylor responded to speculation about the potential removal of Bitcoin from major indices, such as MSCI and Nasdaq 100. He clarified that index classifications do not affect the company's long-term plan to build a structured financing enterprise managed through Bitcoin. Saylor emphasized that the strategy is not focused on being a fund or holding company but is a business generating $500 million in annual revenue with an active financing approach supported by Bitcoin.

Maple refutes Core’s allegations, asserting that their income programs operate through a separate legal entity with assets distinct from the core business. Following a decline in CORE token value, Maple has adopted risk management strategies, including a structured sale of CORE tokens aimed at protecting lender capital. While hedging measures are in place to shield creditors, ongoing legal proceedings initiated by Core have delayed the planned token sale. Additionally, Maple emphasizes that syrupBTC was developed independently without leveraging any confidential information from Core.