PlanB: Bitcoin Highly Disconnected from Stock-to-Flow and Gold, Possibility of Another 10x Bull Market Still Validating
December 27: PlanB noted that Bitcoin’s current price hovers around $87,500, marking a significant deviation from its historically correlated range with U.S. stocks and gold.
Per past correlation calculations, the Bitcoin price ranges aligned with U.S. stocks and gold are approximately $6,900 and $4,500, respectively—indicating BTC is in a notable “decoupled” state.
PlanB added that a similar correlation deviation occurred when Bitcoin traded below $1,000, ultimately sparking a roughly 10x price surge. However, he warned that if the correlation has structurally broken down, this trend could diverge from historical patterns, and the final outcome will need time to confirm.
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Upbit Suspends FLOW Deposits and Withdrawals, DAXA Issues Trading Risk Warning for Flow
Dec. 27 — South Korean crypto exchange Upbit announced it has temporarily halted deposits and withdrawals of Flow (FLOW) starting today, Dec. 27, to protect users amid indications of a security issue on the Flow mainnet. A resumption timeline will be announced separately.
That same day, the Digital Asset Exchange Association of Korea (DAXA) issued a "Trading Risk Warning" for FLOW. DAXA confirmed there are signs of a security issue on the Flow mainnet, noting additional measures could be taken later — including designating FLOW as a "trading caution target" or halting trading support — based on the investigation’s progress.
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The Flow Foundation is currently investigating a potential security incident that may impact the Flow network.
December 27th
Per official sources, the Flow Foundation is investigating a potential security incident that could impact the Flow network. Its engineering team is currently collaborating with network partners to advance risk mitigation and response measures. Further updates will be released promptly once the information is verified.
Today, FLOW’s price saw a flash crash—plunging more than 45% at one point, and it’s now trading at $0.099.
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「Leverage Buddy」 Ethereum Long Liquidation Slashed to $330k, Liquidation Price $2,874.14
December 27th, per monitoring by HyperInsight (link: https://t.me/HyperInsight), the floating loss on Ethereum (ETH) long positions held by the address linked to crypto trader Huang Licheng (nicknamed "Buddy") has narrowed to $330,000.
- He holds an 8,100 ETH long position with 25x leverage, entry price $2,972.03, liquidation price $2,874.14.
- Today, he added a 10x leveraged long position on HYPE with a position size of $230,000, currently showing a floating loss of $1,000.
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ZEC 24-hour Price Change Increases to 14.36%, Market Cap Rises to $8.465 Billion
As of December 27, HTX market data shows ZEC’s 24-hour price gain has reached 14.36%, currently trading at $512.25, with its total market cap climbing to $8.465 billion.
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"The 'BTC OG Insider Whale' has paid a $3.1369M funding fee, with a total unrealized loss of $52.26M."
On December 27, monitoring data from HyperInsight (via https://t.me/HyperInsight) shows the "BTC OG Insider Whale" has maintained a combined $745.72 million in long positions across BTC, ETH, and SOL.
The positions currently carry an unrealized loss of $52.26 million, and the whale has paid $3.1369 million in funding fees. Breakdown of positions:
- ETH long: $595.42 million, entry price $3,147.39, unrealized loss $44.57 million
- BTC long: $87.42 million, entry price $91,506.7, unrealized loss $4.08 million
- SOL long: $62.88 million, entry price $130.19, unrealized loss $3.72 million
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