F2Pool Co-founder Wang Chun: Currently Holding Stablecoins, Yet to Buy the Dip

On November 22, as per an official announcement, Binance Alpha is set to initially launch Sparkle (SSS) on November 24. Users who are eligible will be able to claim the airdrop by using Binance Alpha points on the Alpha Activity page once trading commences. Further details will be made known shortly.

On November 22nd, according to Coinglass data, in the event that Ethereum drops below $2600, the cumulative intensity of long liquidation on mainstream CEXs will reach $993 million. Conversely, if Ethereum surges above $2900, the cumulative intensity of short liquidation on mainstream CEXs will reach $1.07 billion. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the target price will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, there will be a more intense reaction due to a surge in liquidity.

On November 22nd, the publicly traded company mF International (Nasdaq: MFI) announced a $500 million private investment in public equity (PIPE) to set off its digital asset treasury strategy. The PIPE entails the sale of 50 million shares of Class A common stock and pre-funded warrants at a price of $10 per share. It is expected to raise $500 million before deducting offering expenses and is anticipated to close around December 1, 2025. The company intends to utilize the net proceeds mainly to purchase Bitcoin Cash (BCH) and establish a digital asset treasury operation, as well as for working capital and general corporate purposes.

On November 22nd, according to Coinglass data, within the past 24 hours, the total net outflow of BTC from CEXs was 1,502.14 BTC. The top three CEXs in terms of outflow volume are as follows: · Coinbase Pro, with an outflow of 6,355.87 BTC; · Gemini, with an outflow of 353.06 BTC; · bitFlyer, with an outflow of 189.08 BTC. In addition, Binance had an inflow of 2,067.70 BTC and ranked first in the inflow list.

On November 22nd, Grayscale CEO Peter Mintzberg disclosed in a post that since the commencement of its two Ethereum exchange-traded funds, namely the Grayscale Ethereum Trust ETF and the Grayscale Ethereum Mini Trust ETF, investors have reaped $7.9 million in rewards, thereby making it the product with the highest earnings of its kind.

On November 22nd, according to Coinglass data, in the event that Bitcoin drops below $82,000, the cumulative intensity of long liquidation on mainstream CEXs will reach $1.285 billion. Conversely, if Bitcoin breaks through $86,000, the cumulative intensity of short liquidation on mainstream CEXs will reach $760 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to the adjacent clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the price of an asset will be impacted when it reaches a particular level. A higher "liquidation bar" indicates that once the price reaches that level, it will trigger a more intense response due to a liquidity avalanche.