📊💸 #BTC Over the past 7 days, long positions worth $216M were liquidated on the top three exchanges: Binance, ByBit, and OKX.

This represents nearly 15 times fewer liquidations compared to the 2021 liquidation cluster.

📊🤔 #BTC C.Q.: The funding rate is currently positive but remains significantly lower than the peak levels seen in 2021. Despite this, bullish liquidations remain low compared to similar funding rate periods in 2021.

This suggests that traders are less active and are avoiding the high-risk behavior observed in the past. I’d even say they are more cautious.

😱🤑 Fear and greed index of leading altcoins

📊🗣 #BTC has enjoyed quite the journey in 2024's final stretch. The following graphic from Santiment shows the crypto community's mentions across X, Reddit, Telegram, 4Chan, BitcoinTalk, and FarCaster related to:

🟨 Bitcoin at $90K
🟥 Bitcoin at $100K
🟦 Bitcoin at $110K

🇬🇧👀 Google announced that advertisers who want to promote crypto exchanges and software wallets in the United Kingdom must be registered with the FCA.

🗣 #ENA Arthur Hayes: The performance of Ethena Labs is impressive. If DeFi protocols don't integrate #USDe or sUSDe, it could be their downfall.

📊🤔 #BTC C.Q.: The current Open Interest (OI) volume in BTC is higher than during the 2021 bull cycle and comparable to the 2022 bear cycle.

Let me emphasize once again: traders have become more cautious and less willing to take risks.

By the way, in a bear market, OI tends to grow because shorting BTC during a bear market can be just as rewarding as buying coins at the bottom on spot and selling them at the cycle's peak.

🐶🐳 #DOGE Whales bought over 250 million Dogecoin during the recent market dip

🕵️ Arthur Hayes transferred on Binance 7 million #ENA for ~$8.47 million

🇺🇸🤔 CEO CQ: Strategic #BTC Reserves could help offset U.S. debt

In 15 years, $790B in capital inflows boosted Bitcoin’s market cap to $2T. This year, $352B added $1T.

Designating Bitcoin as a strategic asset could offset 36% of U.S. debt by 2050, requiring 1M BTC. While foreign creditors (30% of debt) may resist, the strategy remains practical as it doesn’t rely on full Bitcoin settlement.

📊😱 #BTC Supply held by Short-Term Holders (STH) hits 5,439,700 BTC — the highest level in 40 months.

Key takeaways:
▪️ STH Supply typically rises during bull runs.
▪️ The multi-year downtrend in STH Supply has ended.

🗓 Major Upcoming Events in December
#SOON #SOL #PEN #SYNTH #JOC #BLADE #CLAY #BONK #ORI #ELF #USDT #ARTY #SWELL #AIXBT

🇺🇸👀 Biden signed bill on a temporary budget, ending the formal shutdown of the federal government. #macro

🐳📈 #ETH Whales bought 340,000 ETH in the last 96 hours, worth more than $1 billion.

📊👀 #BTC IntoTheBlock: 2024 can be marked as the year of Bitcoin dominance. The largest crypto asset has largely outperformed the rest of the market; both on the way up and during corrections this year.

📈 #HYPE Yesterday, Hyperliquid contract trading volume reached $11.5 billion, while liquidations reached $1.32 billion, both setting new all-time highs.

🔝 Top centralized exchange tokens by market cap #BNB #LEO #BGB

🔎 DropsTab: Blockchains with Upcoming TGE Backed by Major Companies

🗣 #BTC BlackRock CEO Larry Fink admits that he was a Bitcoin skeptic and he was wrong:

I believe Bitcoin is a legitimate financial instrument.

📊👀 #BTC Over $5.72 billion in Bitcoin profits were realized during the recent price correction.