📉🤔 #BTC futures open interest (OI) is at a high level, marked as "Leverage High" on the chart. This indicates that the market is burdened with excessive leverage (high borrowed capital).
Similar OI peaks on the chart, especially when combined with elevated price levels, have historically led to waves of deleveraging (a reduction in open positions due to liquidations or position closures).
The current overleveraged conditions could act as a trigger for short-term deleveraging.
🇺🇸😱 SEC officially preparing for possible December shutdown. If the federal budget is not approved by the end of this week, the government will be shut down completely. #macro
Bloomberg: President-elect Donald Trump sank a bill to fund the US government beyond this week’s deadline, increasing the likelihood of a shutdown.
💳🤝 #ACH Alchemy Pay becomes a Ramp Provider registered under the Visa Ramp Provider program. source
Читать полностью…📊📉 Bitwise: The Cryptoasset Sentiment Index has turned slightly bearish after the latest pullback, but is not yet signaling a tactical bottom.
Читать полностью…🥳 #BNB Binance Alpha announced the third batch of projects: #FROT, #AICELL, #CGPT, #MONKY, #TERMINUS, #GRIFFAIN.
Читать полностью…📊👀 #BTC C.Q.: The nearest significant support level is at $97.9K, held by the cohort holding coins from one week to one month.
Читать полностью…🕵️♂️ Whale, with $15.3 million in profit, continues to increase his long #AAVE position after the correction.
In the last 8 hours, the whale has borrowed 3 million #GHO and spent $3.18 million (in GHO and #WBTC) to buy 9,702 AAVE.
Since October 13, the whale has bought 96,800 AAVE at an average price of $183.4 ($17.8 million), now having an unrealized gain of $15.31 million (+86.2%).
💰 #BTC According to NFT Evening research, BTC's rise above $100,000 has created 14,211 new millionaires and 4 new billionaires. news.bitcoin
Читать полностью…🕵️♂️ FTX/Alameda almost sold out all your 25 million #WLD. Today and 14 days ago, the FTX/Alameda address transferred a total of 21.85 million WLD ($58.77 million) to five BitGo wallets. It was probably sold to some large investors or institutions via OTC.
Читать полностью…🕵️♂️ New wallet in the last 48 hours brought out 8 million #ENA ($9.2 million) from Binance.
Читать полностью…📊👀 #BTC IntoTheBlock: Will Bitcoin retrace below $100k? Interestingly, a significant demand zone has formed just under $100k.
Over 1.45 million BTC was accumulated at an average price 97.5k, making this an important potential support zone.
🤔 #ETH Ethereum core developer Eric Connor said that increasing gas limits could lead to a reduction in transaction fees by 15-33%. cointelegraph
Читать полностью…🇳🇱🥳 #HBAR Valour announced the launch of the Hedera HBAR ETP on the Euronext Amsterdam stock exchange. source
Читать полностью…📊 Friday options expiration by ~$2.7 billion:
– Face value of #BTC options: $2.07 billion
- put/call ratio: 0.91
- max. pain point: $102,000
– Face value of #ETH options: $635.9 million
- put/call ratio: 0.49
- max. pain point: $3,750.
🕵️♂️ New wallet accumulated almost 2.47 million #OM (~$9.92 million) in the last 12 hours.
Читать полностью…🕵️♂️ Wintermute - market maker #PENGU
Currently two Wintermute addresses contain a total of 18.7 million PENGU worth $602,000.
📊 #SOL In November, DApps on Solana reached $365 million in revenue. PumpFun became the first DApp on Solana whose monthly revenue exceeded $100 million. cointelegraph
Читать полностью…🗣 #BTC CIO Bitwise: This Bitcoin correction represents only a short-term fluctuation and has not changed the market's long-term bullish trend.
Читать полностью…🙊 #CRV Mikhail Egorov: There are no #CRVs to support this position (they were stolen from me during the uwu hack on June 10th). So in that sense they are not real CRVs, but a "receipt of Sifu's promise to return the hacked funds"
Читать полностью…🙋♂️ #BNB Binance Global User Survey: 45% Joined Crypto in 2024
https://www.binance.com/en/blog/all/binance-global-user-survey-45-joined-crypto-in-2024-6434747834824784265
#research