BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

On November 22nd, Ki Young Ju, the founder and CEO of CryptoQuant, stated on social media that "It is still premature to claim that the confidence of US institutional investors has completely recovered. After all, the hourly premium of Bitcoin on Coinbase remains negative."

On November 22nd, as per farside monitoring, this week the net outflow of US spot Bitcoin ETF was $12.168 billion. It includes: · The net outflow of IBIT was $10.857 billion; · The net outflow of FBTC was $1.158 billion; · The net outflow of BITB was $7.9 million; · The net outflow of ARKB was $85 million; · The net inflow of BTCO was $35.8 million; · The net inflow of EZBC was $3.3 million; · The net outflow of HODL was $63.2 million; · The net outflow of GBTC was $1.724 billion; · The net inflow of Grayscale BTC was $2.741 billion.

November 22: As per @OnchainDataNerd, 11 hours ago, Galaxy Digital made a withdrawal of 7,098 ETH (approximately $19.42 million) from Binance. During the past month, they have withdrawn a cumulative total of 14,096 ETH (approximately $44.12 million), with an average entry price of roughly $3,130.

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.