Data: 95% of the total Bitcoin supply has been mined

2 hours ago

On November 17th, based on the monitoring data of Bitcoin Magazine, among the total 21 million Bitcoins, 19,949,776.16 Bitcoins have already been mined. This means that only 5% of the remaining Bitcoins are available for mining.

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A certain new address bought the dip in BTC and became the top whale on Hyperliquid, with a holding of approximately $64 million.

On November 17th, according to the data from Coinbob Popular Address Monitor, the "Hyperliquid's Largest BTC Long" whale (0x93c) opened a long position in BTC on the evening of the 14th. It has a floating loss of approximately $780,000 (30%), a position size of approximately $64 million, an average price of $96,900, and a liquidation price of $87,700. Starting from November 12th, the address transferred approximately $8 million to Hyperliquid. Then, it carried out intraday ETH long trades twice, realizing profits of $700,000 each time. Subsequently, on the night of the 13th, it opened a third ETH long position with an average price of $3,396 and a position size of approximately $22.5 million. Currently, it is experiencing a floating loss of $1.27 million (-140%). On the night of the 14th, the address bottomed BTC at an average price of $9,690 and is now the largest BTC long on Hyperliquid.

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New Exchange: Bitcoin and Ethereum Perpetual Futures to Launch on November 24

On November 17th, the Singaporean exchange announced that it will commence Bitcoin and Ethereum perpetual futures trading on November 24th. Bitcoin and Ethereum perpetual futures will be accessible only to eligible institutional investors. (Golden Finance)

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Amber Group Deposits 1,392,000 UNI to Coinbase, Approximately $10.98 Million

On November 17th, as monitored by The Data Nerd, 30 minutes prior to this, Amber Group deposited 1,392,000 UNI tokens (approximately $10,980,000) into Coinbase.

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Analyst: Bitcoin Positioning Indicator Returning to Neutral, Market Digesting Strong Bearish Pressure

Update as of November 17th. CryptoQuant analyst Axel Adler Jr. posted, saying, "The Bitcoin Position Index gauges the overall direction and intensity of the futures market, indicating the aggressiveness of participants in taking long or short positions. After withstanding strong bearish pressure, this index has now reverted to a neutral level." The market has shown a slight slowdown to digest the recent changes, which is considered more conducive to the price movement.

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World's Highest IQ Holder: Bitcoin Expected to Hit $220,000 in 45 Days

On November 17th, YoungHoon Kim, the holder of the world's highest IQ record, posted on social media and said, "I anticipate that Bitcoin will reach $220,000 within the next 45 days." YoungHoon Kim (Korean: ???) is reported to be a Korean who claims to possess the world record for the highest IQ (IQ 276), although this claim is highly controversial and disputed.