A certain Whale Holding Strong on "Shorting Altcoins" is currently enjoying a floating profit of $6.417 million, with a total account profit exceeding $78.86 million.

**December 2nd Brief** MicroStrategy signaled for the first time it could sell Bitcoin holdings, breaking its long-held "never sell" policy. The firm announced it has secured a $1.44 billion cash reserve via a funding raise to weather a potential Bitcoin winter. It noted it may offload a portion of its Bitcoin if its internal mNAV metric drops below 1 and refinancing options are exhausted. Coupled with pressure from ~$820 million in convertible bonds, the news sent MicroStrategy’s stock tumbling over 12% intraday Monday, pushing its year-to-date drop to ~40%. Bitcoin slid over 4% in tandem. BiyaPay analysts say this move signals top institutions are prepping an "abandon ship to save the king" play for extreme market scenarios, which could amplify short-term volatility for Bitcoin and related equities. Users can trade U.S. stocks (including MSTR) and Bitcoin with USDT on BiyaPay, but the priority now is managing leverage and position sizes to avoid forced liquidation amid hig

As of December 2nd, U.S. pre-market crypto-related stocks are broadly trading higher, per market data. Key movers include: - MicroStrategy Inc. (MSTR): +0.71% - Circle Internet Financial Ltd. (CRCL): +1.38% - Coinbase Global Inc. (COIN): +0.78% - Marathon Digital Holdings Inc. (MARA): +0.69% - Riot Blockchain Inc. (RIOT): +1.23% - Bit Digital Inc. (BTBT): +2.59% - SharpLink Gaming Corp. (SBET): +1.56%

On December 2, per tracking from BitcoinTreasuries.NET, asset management giant Tidal Investments disclosed it has acquired 351,619 shares of MicroStrategy (MSTR) stock, valued at roughly $60 million.

December 2 (OECD) — The Organization for Economic Co-operation and Development (OECD) projects the U.S. Federal Reserve will gradually lower its key interest rate to a range of 3.25% to 3.5% by the end of 2026. The OECD upwardly revised its U.S. GDP growth forecasts: 2025 growth is now seen at 2% (up from 1.8%), while 2026 growth is lifted to 1.7% (from 1.5%). Additional key notes from the OECD: - U.S. tariff hikes will slow global economic growth in 2026. - U.S. fiscal policy is on an “unsustainable path.” - Further trade barrier increases would worsen the global slowdown. - An expanded AI investment boom could unlock upside potential for global growth. (IG)

December 2 – Russian Deputy Finance Minister Ivan Chebeskov told local media that financial authorities are ready to scrap a narrow regulatory definition. Previously, Russia only permitted a small group of “accredited investors” to access Bitcoin and its derivative cryptocurrencies. The Russian Central Bank now says it’s “possible” to ease current rules restricting crypto transactions with sanctioned jurisdictions, and the monetary authority is in talks with the Finance Ministry. Amid sanctions pressure, Russian financial regulators are shifting their stance on cryptocurrencies.

On December 2nd, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that an Ethereum ICO-era whale—originally holding 254,900 ETH—sold another 3,000 ETH this week (valued at $8.4 million), edging closer to a full sell-off. The OG whale has deposited a total of 23,000 ETH to exchanges over the past week. If those tokens are sold, the whale would lock in a $66.53 million profit, with an average cost basis as low as $0.31 per ETH. As of now, only 69.83 ETH remains on-chain—roughly $195,000 in value.