Bitcoin Surges Above $88,000

On November 26th, as monitored by Hyperinsight, in the "buddy" Huang Licheng's address, the long positions of Ethereum and HYPE are facing a total unrealized loss of more than $110,000. This includes: The long position of Ethereum has a holding of 4550 ETH, with an opening price of $2883.4 and a liquidation price of $2767.3. The long position of HYPE has a holding of 102,888.88 ETH, with an opening price of $32.4973 and a liquidation price of $27.091.

On November 26th, based on HTX market data, Ethereum fell below $2,900, experiencing a 24-hour decline of 3.00%.

On November 26th, according to HTX market data, Bitcoin fell below $87,000 and is currently trading at $86,572, with a 24-hour decrease of 2.47%.

On November 26th, according to those with insider knowledge, as the process of selecting the new Federal Reserve Chair is coming down to the wire, Kevin Hassett, the director of the White House National Economic Council, is regarded as the top candidate for the next Fed Chair in the eyes of President Trump's advisors and allies. It is indicated that if Hassett were to be appointed, Trump would be able to place a close ally whom he is familiar with and trusts at the Fed. Some people also suggest that Hassett is seen as someone who can bring Trump's rate-cutting ideas into the Fed, which is the direction that Trump has long been hoping to lead towards. However, they also point out that Trump is known for making unexpected personnel and policy decisions, so nothing is definite until it is officially announced. Hassett is considered to be highly in line with Trump on economic viewpoints, including the belief that rates need to be cut. In a Fox News interview on November 20th, he stated tha

On November 26th, based on Coinglass data, if Ethereum breaks through $3000, the cumulative short liquidation intensity on mainstream CEXs will reach $794 million. Conversely, if Ethereum falls below $2850, the cumulative long liquidation intensity on mainstream CEXs will reach $426 million. BlockBeats Note: The liquidation chart does not display the precise number of contracts awaiting liquidation or the exact value of contracts that have been liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to neighboring clusters, that is, intensity. Therefore, the liquidation chart shows to what degree the target price will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense response due to a liquidity avalanche once it reaches that level.

On November 26th, according to Coinglass data, in the past 24 hours, there has been a net outflow of 2416.40 ETH from CEX. The top three CEXs with the largest outflows are as follows: · Binance, with an outflow of 15,900 ETH; · Gemini, with an outflow of 5499.87 ETH; · Gate, with an outflow of 1747.88 ETH. In addition, OKX saw an inflow of 5884.87 ETH and ranked first in the inflow list.