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A certain whale withdrew 544.25 BTC from Binance after 2 months of dormancy.

5 hours ago

On November 20th, as per the monitoring of Onchain Lens, a whale that had been dormant for 2 months withdrew 544.25 BTC (valued at $49.84 million) from Binance. Currently, it is holding 552.87 BTC (valued at $50.70 million).
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「Whale Using Flash Loans to Accrue High WBTC and ETH Holdings in a Leveraged Manner」 Liquidates 18,517 ETH in the Past Two Days to Avoid Liquidation

On November 20th, according to the monitoring of on-chain analyst Wu Jinyu, the "Whale" avoided liquidation by accumulating WBTC and ETH through a leveraged loan approach. In the past two days, it has forcefully sold 18,517 ETH (worth $56.45 million), resulting in a loss of $25.29 million. After the ETH liquidation, the remaining 1,560 WBTC is also facing a significant unrealized loss. With a cost price of $116,762, it leads to a loss of $41.12 million.

8 minutes ago

Morgan Stanley Analyst: No Longer Expects Fed to Cut Rates in December, Currently Anticipates Three Rate Cuts in January, April, and June Next Year

On November 20th, Michael Gapen, an analyst at Morgan Stanley, stated that the strong employment situation has reduced the risk of an increase in the unemployment rate. He no longer anticipates that the Fed will cut interest rates in December. Currently, it is expected that there will be three rate cuts in January, April, and June of next year, and the final rate expectation is maintained at 3-3.25%. (FXStreet)

8 minutes ago

U.S. Congressman Introduces "Bitcoin for America" Bill to Codify Strategic Bitcoin Reserve Executive Order

On November 20th, as per Bitcoin Magazine, US Representative Warren Davidson introduced the "Bitcoin for America" bill. The aim of this bill is to: · Enshrine the Strategic Bitcoin Reserve Executive Order. · Grant an exemption from capital gains tax when paying taxes using Bitcoin.

8 minutes ago

Bitwise XRP ETF Officially Launched

On November 20th, according to official channels, the Bitwise XRP ETF (XRP) has now been listed and is available for trading.

8 minutes ago

Coinbase Launches Ethereum Staking Loan Service, Allowing Users to Borrow up to $1 Million

On November 20th, according to The Block, Coinbase has enlarged its on-chain lending product to incorporate Ethereum (ETH) as collateral. Qualified customers are able to borrow up to $1 million in USDC without the need to sell their cryptocurrency. This loan is supported by the Morpho lending protocol.

8 minutes ago

Fed's Harker: Nonfarm Payrolls Report "A Bit Stale" But in Line With Expectations

On November 20th, Federal Reserve's Harker said that the non-farm payroll report is "a bit outdated" but in line with expectations. The employment data seems to be somewhat mixed, highlighting the challenges faced by monetary policy. (Xinhua News Agency)

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