Bitcoin (BTC) — Onchain News & Whale Tracking

Bitcoin surges $1,000 in 5 minutes, breaking above $74,000.

According to HTX market data, Bitcoin rallied 1,000 USD in a 5-minute short-term surge, breaking through the 74,000 USD level, with a 0.7% gain in the past 24 hours.

Bitcoin and Ethereum ETFs See $1.41B in Outflows Over Past Week

Nov 11 Update: #Bitcoin ETFs: 1D NetFlow: -1,649 $BTC(-$121.78M)?? 7D NetFlow: -15,624 $BTC(-$1.15B)?? #Ethereum ETFs: 1D NetFlow: -11,512 $ETH(-$23.65M)?? 7D NetFlow: -127,828 $ETH(-$262.66M)??

Bitcoin Core discloses three fixed security vulnerabilities, including a high-severity flaw that could prevent miners from generating block templates.

Bitcoin Core has publicly disclosed three previously patched security vulnerabilities, one rated high-severity. The high-severity flaw, CVE-2025-62861, impacts versions 28.0 through 28.2 and 29.0 through 29.1. During chain reorganization, the "evict siblings" rule for version 3 transactions is incorrectly enforced, potentially removing a transaction from the mempool while retaining its descendants, leading to inconsistent mempool state. Affected miner nodes cannot generate valid block templates and require a restart to resume block production. The issue was discovered and responsibly disclosed by Niklas Goegge in September 2025. The other two vulnerabilities are medium-severity. CVE-2025-62859, reported by Eugene Siegel, allows malicious nodes to exploit segwit malleability in compact blocks to delay a peer’s block processing by up to roughly 10 minutes. This attack can be repeated if the attacker controls all three of the peer’s high-bandwidth peers, or if the peer operates in -blocksonly mode. CVE-2025-62860 affects nodes with non-default -whitelist settings where the whitelisted range covers Tor proxy addresses. Incoming Tor connections may be incorrectly granted whitelist privileges, weakening some denial-of-service (DoS) protections and privacy safeguards. Bitcoin Core noted that thousands of accessible mainnet nodes had this setting open to incoming Tor connections; nodes without the configuration enabled are not impacted. Patches for the vulnerabilities were rolled out in releases including 30.0 (published October 10, 2025), 29.2 (October 14, 2025), and the subsequent 28.3. The last affected version reached end-of-life on October 27 this year.

Barclays significantly ramped up its holdings in BlackRock's Bitcoin ETF in Q3, while Citigroup newly established a position in Fidelity's Bitcoin ETF.

Barclays' latest 13F filing shows that as of September 30, the bank held approximately 3.94 million shares of BlackRock's spot Bitcoin ETF (IBIT), valued at around $187 million, a 48% increase from 2.66 million shares worth $88.5 million as of June 30. Citigroup, meanwhile, newly disclosed holdings of Fidelity's spot Bitcoin ETF (FBTC) worth about $119 million, with its IBIT position rising from roughly 347,000 shares at the end of June to around 521,000 shares, a roughly 50% increase. Bitwise data shows that among 1,389 institutions that have filed third-quarter reports, banks' total holdings stand at $258 million, accounting for 4.9% of all disclosed spot Bitcoin ETF positions, up from $107 million and 3.2% in the second quarter. Investment advisors remain the largest holding group, with $3.5 billion in positions, making up 66.6% of the total. The combined holdings of these institutions rose from $3.35 billion to $5.25 billion. Early data indicates that long-term holders' share among spot Bitcoin ETF investors is rising, and financial advisors at major banks and wealth platforms are now able to recommend these products to clients. JPMorgan Chase, Wells Fargo, and hedge funds Millennium, Schonfeld, and others have not yet filed their reports, with the submission deadline being next Monday. It is important to note that IBIT's price rose approximately 41% in the third quarter, so the increase in position value does not equate to an equivalent amount of new purchases; share changes should be the focus. The above positions are as of September 30, after which Bitcoin prices pulled back. U.S. spot Bitcoin ETFs saw a net inflow of about $6.34 billion in the third quarter, followed by a net outflow of roughly $2.1 billion in the fourth quarter as of Tuesday.

Analysis: Bitcoin short-term holders start realizing losses, market leans toward capitulation or a brewing buying opportunity.

CryptoQuant analyst Darkfost points out that the losses of short-term holders (STH) are starting to show on the SOPR (Spent Output Profit Ratio) indicator. This metric measures realized profit or loss when unspent transaction outputs (UTXOs) are spent; the STH’s SOPR has now dropped to 0.98. The indicator has remained in negative territory since October 30, meaning short-term holders are beginning to feel pressure from falling prices. Previously, the monthly average SOPR for this group hit 1.013, but it has now just fallen back to the neutral level of 1, indicating their average profits have largely evaporated. Combining recent data, the analyst believes the market is leaning toward "capitulation" and panic selling. Against the backdrop of a longer-term bull market, a SOPR drop into negative territory often signals a strong buying opportunity. However, the current monthly average has not yet reflected extreme panic, suggesting the current capitulation trend may persist for several days until it reaches a truly extreme level.

CoinShares: Average crypto allocation among digital asset funds rises to 1.3%, with Bitcoin and Ethereum remaining core positions.

CoinShares has released its October digital asset fund manager survey. This round featured 28 investors, representing approximately $642 billion in assets under management (AUM). The average allocation to crypto assets in respondents' portfolios rose to 1.3% from 1.2% in July. Funds are increasingly shifting from stocks and bonds to alternative assets such as commodities and crypto, rather than cash. The largest allocators remain groups with more flexible mandates, including family offices and individual investors. Regarding investment motivations, portfolio diversification climbed to 40% as the top reason, a trend that has persisted since the survey’s launch in 2021. Speculation has fallen to fifth place, accounting for less than 9% of responses. More respondents now view crypto as having allocation value, while replies citing client demand as an investment driver have dropped significantly. In holdings-related responses, Bitcoin and Ethereum remain core positions, together making up 47% of allocations. Bitcoin still holds a substantial lead in growth outlook assessments, while the outlooks for Ethereum and Solana have improved slightly. Respondents are shifting from established altcoins outside Ethereum to newer tokens, with Sui, NEAR, Aave, Hyperliquid, Uniswap, and Chainlink being frequently mentioned.

Data: Over the past 24 hours, short-term Bitcoin holders transferred 48,500 BTC to crypto exchanges, with 47,300 of those holdings in the red.

CryptoQuant analyst Darkfost stated in a post that BTC has been in a continuous distribution phase since October, with its price correcting by roughly 15%. After short-term holders (STHs) took profits, losing trades now dominate. Over the past 24 hours, STHs transferred 48,500 BTC to trading platforms, 47,300 of which were moved at a loss. This is one of the largest capitulation sell-offs by short-term holders in recent months.

Former White House Advisor: Trump Still Intends to Boost Bitcoin Holdings for the U.S. Strategic Reserve, But Faces Legal Barriers

Former White House crypto advisor Patrick Witt told the podcast *What Bitcoin Did* that President Trump remains interested in purchasing Bitcoin to bolster the U.S. strategic Bitcoin reserve, with related plans having been discussed multiple times before. However, Witt noted that direct government purchases of Bitcoin on the open market face legal uncertainty, as the U.S. Congress holds authority over federal spending. Congress has already included relevant restrictions in the National Defense Authorization Act (NDAA) banning such direct purchases, and the administration is currently seeking the necessary authorization. The U.S. government established the strategic Bitcoin reserve via executive order in March 2025, with initial assets primarily from Bitcoin previously seized by the government; the Treasury Department and Commerce Department have been tasked with exploring budget-neutral ways to acquire more BTC, though no specific plans have been announced nor has an open-market purchase program been revealed. Witt also stated that permanently enshrining the strategic Bitcoin reserve through standalone legislation would face significant challenges given the divided Congress. Without legislative support, the reserve currently relies on executive orders and could be revoked by a future president via a new executive order.

Analysis: Persistent outflows from ETFs combined with weak U.S. spot demand suggest Bitcoin may extend its correction.

CryptoQuant certified author Axel Adler Jr. published a report stating that U.S. spot Bitcoin ETFs have recorded a cumulative net outflow of $969 million over the past five trading days, with related fund flow indicators declining by $766 million over the past week. Only 15% of trading days in the past year have seen this indicator at or below the current level, reflecting a clear weakening in fund demand. Meanwhile, the Coinbase Premium Index has stayed negative for 70 consecutive days, currently standing at -0.14%—one of the lower levels in the past year, indicating sluggish demand in the U.S. spot market. The combined pressure from ETF outflows and weak U.S. spot demand is weighing on the Bitcoin market, with both indicators suggesting the market may continue its correction. If ETF fund flows shift back to net inflows and the Coinbase Premium Index rises above zero, it will signal an improvement in demand.

Trader AguilaTrades has a mere 33% win rate in Bitcoin (BTC) trades over the past week, incurring losses of $547,000.

According to TradingBeats' monitoring, trader AguilaTrades has completed 18 BTC trades over the past week, with a win rate of just 33% and total losses of $547,000. He currently holds a 40x leveraged long position of 340.45 BTC, valued at roughly $25.16 million, with a liquidation price of $73,009. Prior data shows his cumulative losses from rollover trading on Hyperliquid since last June stand at $38.2 million.

Viewpoint: Bitcoin treasury firms signal "capitulation", with the three prior instances all marking strong buying opportunities.

Capriole Fund founder Charles Edwards posted that Bitcoin treasury companies are "surrendering". The ratio of their cumulative purchases to sales has just dropped below 90%. (Note: A declining ratio typically signals increased selling pressure (bearish), but extreme lows have historically aligned with market bottom zones.) This pattern has only occurred three times in history, each time marking a strong buying opportunity. Thus, Edwards argues that although these firms are offloading Bitcoin (the so-called "surrender" in the short term), this is actually a bullish signal for Bitcoin based on historical precedent.

Bitcoin whales reduced their holdings by 34,000 BTC over the past week.

According to analyst Alicharts, Bitcoin has dropped from $79,000 to below $73,000 over the past week, with large holders reducing their positions by more than 34,000 BTC, worth roughly $2.6 billion. Meanwhile, Ethereum whale groups have also been trimming their holdings, though at a slower pace. The group sold around 17,800 ETH in the past week, valued at approximately $40 million based on recent prices.

Bitcoin Core has disclosed a critical vulnerability that could leave some miner nodes unable to generate block templates; a fix was released in 2025.

Bitcoin Core has disclosed a high-severity vulnerability, CVE-2025-62861, affecting versions 28.0–28.2 and 29.0–29.1. Affected miner nodes may experience inconsistent transaction mempools after a blockchain reorganization, which will prevent them from generating valid block templates until a restart. This is a local transaction mempool processing issue on individual nodes, not a full halt in Bitcoin network block production. The vulnerability was reported by security researcher Niklas Goegge in September 2025. Bitcoin Core released the patched version 30.0 on October 10, 2025, and later integrated the fix into versions 29.2 and 28.3. Nodes still running affected versions should upgrade to maintained, patched releases.

Bitcoin falls below $73,000, hitting its lowest level since September.

According to HTX market data, Bitcoin has fallen below $73,000, hitting its lowest level since September, and is now trading at $72,952, with a 24-hour decline of 3.31%.

Bitcoin and Ethereum ETFs See $1.4B Outflows in Past Week

Nov 10 Update: #Bitcoin ETFs: 1D NetFlow: -3,081 $BTC(-$228.74M)?? 7D NetFlow: -14,833 $BTC(-$1.1B)?? #Ethereum ETFs: 1D NetFlow: -65,908 $ETH(-$137.92M)?? 7D NetFlow: -150,813 $ETH(-$315.6M)??

Binance Research: Global monetary tightening policy slowdown could be favorable for Bitcoin

Binance Research said on Tuesday that with the pace of global monetary tightening slowing, Bitcoin is expected to find support even as markets anticipate a U.S. Federal Reserve interest rate hike in December. In a report, the research arm noted that among the 10 central banks it tracks, 8 have raised interest rates over the past six months, including a hike announced by Sweden’s Riksbank on November 4. However, the momentum of global monetary tightening has started to ease since peaking in July this year. “Whether this slowdown trend can continue into early 2027 will be key to judging whether the macro environment is reducing its adverse impact on the crypto market,” the report said. Binance Research also reviewed previous market cycles: Bitcoin hit a bottom in November 2022, and its six-month return turned positive in February 2023, at a time when none of the central banks tracked by the index had yet begun cutting rates. Similarly, in 2024, despite global monetary tightening measures still in place, Bitcoin’s six-month return in March that year exceeded 160%, marking the highest level of that cycle. The report emphasized: “In both cases, Bitcoin followed the direction of changes in global monetary policy, rather than the absolute level of policy interest rates.”

Bitcoin dives in short-term trading, dropping below $74,000.

According to HTX market data, Bitcoin has seen a short-term price plunge below $74,000, currently trading at $73,762, with a 1.31% drop over the past 24 hours.

Hyperscale Data liquidated its entire Bitcoin reserves to support the subsequent development of its AI data centers.

Hyperscale Data, Inc. announced today that as of November 8, 2026, it has sold all its remaining Bitcoin reserves at an average price of roughly $76,000 per BTC. The latest sale involved approximately 211.56 BTC, generating total proceeds of around $16 million. Since it first began selling a portion of its Bitcoin reserves in late July 2026, Hyperscale Data has cumulatively sold about 1,113 BTC, bringing in total revenue of roughly $74.4 million. The company will use the proceeds to repay debt and support the subsequent development of its AI data center in Michigan.

Analyst: Bitcoin long-term holders' SOPR falls to 0.94, transferring at a loss for 8 consecutive days.

CryptoQuant analyst Axel Adler Jr released data showing Bitcoin’s Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) has fallen to 0.94, remaining in negative territory for eight consecutive days. This means the average price at which old coins moved by long-term holders is below their holding cost basis. While similar readings were observed over the past year, Adler noted the speed at which the metric turned negative this time is particularly notable, adding that it will be critical to monitor whether the indicator can rebound back above 1. Separately, Bitcoin’s long-term holder supply has dropped to 16.3 million BTC, a decrease of 171,700 coins over the past month. The analyst explained that tokens are automatically categorized as long-term holder supply after being held for 155 days, so changes in this metric do not necessarily signal buying or selling activity. Over the past year, the supply has stood at or below the current level on 47% of trading days. Adler pointed out a comparable LTH-SOPR reading occurred on August 22, 2026, when Bitcoin traded at $77,075; the price rose 12.4% one month later. He emphasized this is a historical reference, not a prediction. Both metrics point to a correction scenario, Adler said, with the monthly decline in LTH-SOPR being one of the most significant over the past year as old coins continue to circulate at a loss. If such circulation returns to positive territory, his assessment will shift to neutral.

Bitcoin mining firm MARA transfers another 500 BTC, valued at approximately $37.38 million.

According to Lookonchain monitoring, Bitcoin mining firm MARA Holdings transferred out an additional 500 BTC today, valued at approximately $37.38 million. Since October 1, MARA has sold a total of 13,597 BTC, worth around $1.1 billion, with an average selling price of $81,039.

Analysis: The number of non-empty Bitcoin wallets has dropped by around 108,700, and sell-offs by retail investors may signal a bullish trend.

Santiment noted in a post that the number of non-empty Bitcoin wallets reached 59.99 million on October 16, and has since fallen by around 108,700. BTC’s price has now dropped below $75,000, a sign that some small-scale holders may be losing patience. Santiment emphasized that the decline in wallet count does not necessarily mean Bitcoin’s actual usage is shrinking. During extended market downturns, small traders often merge wallets or liquidate positions out of panic; this retail capitulation has historically been a hallmark preceding major crypto market rallies. If wallet numbers keep declining while BTC’s price stabilizes, this signal will turn more bullish.

X trader TwoEyes bets the US will end lockdowns in November, and holds long positions worth tens of millions of dollars in Bitcoin and gold.

According to TradingBeats monitoring, cross-market trader TwoEyes (X handle: two_gifts_) invested approximately $7,594 in the early hours of today to buy the "Yes" prediction for "the U.S. announcing the end of its blockade on Iran by the end of November". The average execution price corresponds to an implied probability of around 21.8%. Currently, the market probability for this outcome has dropped to 17.5%, and the position is valued at roughly $6,088, with an unrealized loss of about $1,506. The same account also allocated around $1,964 to purchase the "Yes" prediction for "Russia and Ukraine reaching a ceasefire agreement by the end of the year". On Hyperliquid, TwoEyes’ current main long positions are concentrated in gold and BTC, with a combined notional value of approximately $10.749 million: - Gold: Long position worth about $6.3163 million, average entry price of $4,013.41, unrealized profit of roughly $157,400. - BTC: Long position worth around $4.4326 million, average entry price of $74,298.2, unrealized profit of about $26,800. During today’s position adjustments, the account exited its ETH long position, cut its WLD holdings by roughly half, and opened a new XRP long position worth approximately $323,900. After reducing and then repurchasing BTC, its overall BTC holding increased slightly today; gold positions were trimmed.

Yesterday, U.S. spot Bitcoin ETFs posted net outflows of $201 million, while U.S. spot Ethereum ETFs recorded net outflows of $184.6 million.

According to Farside data, U.S. spot Bitcoin ETFs registered a total net outflow of $201 million yesterday. Of this, IBIT saw a net outflow of $213.2 million, ARKB posted a net outflow of $9.9 million, and MSBT recorded a net inflow of $22.1 million; FBTC, BITB, BTCO, EZBC, BRRR, HODL, BTCW, GBTC, and BTC had no capital inflows or outflows. U.S. spot Ethereum ETFs posted a total net outflow of $184.6 million yesterday. The breakdown shows: ETHA had a net outflow of $119.3 million, ETHB saw a net outflow of $20.8 million, FETH recorded a net outflow of $19.1 million, ETH posted a net outflow of $25 million, and TETH had a net outflow of $2 million; MSSE registered a net inflow of $1.6 million, while ETHW, ETHV, QETH, EZET, and ETHE had no capital movements.

Hyperliquid’s stock contract trading volume once again outpaced Bitcoin’s.

Glassnode data shows that the trading volume of stock-based contracts on Hyperliquid has once again exceeded that of Bitcoin. Although both U.S. stock and Bitcoin prices have continued to decline over the past weeks, crypto-native traders appear more inclined to trade stocks on dips. Glassnode notes that the last time the ratio of stock contract trading volume to Bitcoin trading volume peaked was in August this year, when BTC was near a cyclical low, followed by a breakout rally.

Strive’s Chief Investment Officer: Growth in Bitcoin holdings per share must be evaluated in conjunction with financing costs and capital structure.

Ben Werkman, Chief Investment Officer at Bitcoin treasury firm Strive, wrote that the growth rate of Bitcoin held per share is a key metric for measuring the capital allocation efficiency of treasury companies, but it cannot be evaluated in isolation from financing costs and capital structure. When a company’s stock trades at a premium to its Bitcoin net assets, issuing additional common shares to purchase BTC can increase Bitcoin held per share; repurchasing shares can also boost this metric, though it may deplete cash reserves. Werkman warned that if funds raised from preferred share financing are continuously used to repurchase common shares, it could weaken the asset backing for preferred share dividends and harm the interests of preferred investors.

Bitcoin mining firm MARA’s Q3 net profit rose to $632 million, and it sold 13,597 BTC in October to repay loans.

Bitcoin mining firm MARA released its third-quarter 2026 results, reporting it mined 2,247 BTC in the quarter, a 5% year-over-year increase. Its operational hash rate rose 18% YoY to 71.2 EH/s. Revenue fell 35% YoY to $164 million, while net profit jumped from $123 million in the year-ago period to $632 million. Bitcoin prices rose around 43% from the end of Q2, and MARA recognized fair value adjustments on its BTC holdings in current-period profit or loss. As of the end of September, MARA held 34,012 BTC, a 36% YoY decline, driven primarily by BTC sales in the first half of the year, with some proceeds used to repurchase convertible bonds and repay credit facilities. In October, MARA sold an additional 13,597 BTC at an average price of roughly $81,039, generating around $1.1 billion in proceeds, which it used to fully repay a $750 million Bitcoin-backed mortgage and release 17,477 BTC from collateral.

Significant progress has been made in US-Iran peace talks, driving sharp rallies in US stocks and gold, a steep slump in crude oil, while Bitcoin remains in sideways consolidation.

Overnight to early morning, US-Iran peace talks made major progress. According to media reports, the U.S. agreed to allow Iran to maintain uranium enrichment at a maximum of 3.67%, a condition Iran accepted. The two sides are also arranging discussions on the return of International Atomic Energy Agency (IAEA) inspectors to Iran, with a preliminary agreement on Iran’s uranium enrichment level expected. Brent crude oil’s intraday losses widened to nearly 8%. After meeting with Qatar’s prime minister on Monday, Trump said there is no need for military action currently; if the Middle East situation changes, the U.S. stands ready to act at any time, but such an outcome is “extremely unlikely” for now. Affected by the news, the S&P 500 notched its largest daily gain in seven months, while the Dow Jones closed up more than 2% each; the semiconductor index rose nearly 7%, with a two-day cumulative gain of 11%. In terms of individual stocks, data from the BIT Stock Platform shows AMD rose over 10%, SpaceX gained nearly 6%, while Nvidia fell 4.27% against the trend due to the Jensen Huang incident. AI stocks continued their rebound: among optical communication concept stocks, Coherent rose nearly 17%, Lumentum gained over 10%, and MRVL rose 9.49%; storage stocks SNDK rose 6.16%, STX and WDC both climbed nearly 10%; neocloud concept stocks NBIS rose 9.24%, CRWV gained 5.56%. Crude oil was pressured by expectations of easing geopolitical tensions. Brent crude once dropped nearly 8%, and West Texas Intermediate (WTI) crude fell more than 6% at one point. Meanwhile, as the U.S. dollar index retreated, copper and precious metals (gold and silver) rebounded. Notably, HTX market data shows Bitcoin, which had been relatively resilient amid prior declines, performed weakly in this rebound, still failing to recoup its losses from yesterday’s morning session, and was temporarily trading at $75,337.00.

AntPool has mined the Bitcoin block with the second-highest number of transactions in Bitcoin history, earning just around $180 in total transaction fees.

According to CoinDesk, AntPool mined Bitcoin block 974961 last Saturday, which included 11,255 transactions. Per mempool.space data, this number is 984 transactions short of the network record of 12,239 set by F2Pool’s block 367853 on August 1, 2015, making it the second-highest transaction count block in Bitcoin’s recorded history. The transactions collectively generated 240,533 satoshis in fees. At Sunday’s Bitcoin price of roughly $75,800, that amounts to around $180. AntPool’s total revenue from the block was approximately $237,000, almost entirely from the fixed 3.125 BTC block subsidy. mempool.space rounded the block’s median fee rate to 0. CoinDesk sampling revealed a batch of ~80-byte transactions in the block’s middle, each paying just 1 satoshi in fees—below Bitcoin Core 29.1’s default relay threshold of 0.1 satoshi per virtual byte. This threshold is a node policy, not a consensus rule, so blocks including lower-fee transactions remain valid. On November 4, AntPool’s block 974557 also included 10,573 transactions, with fees totaling around $110. The 2015 record block paid 0.22582926 BTC in fees, 94 times the current amount. At the time, Bitcoin traded at roughly $285, so fees were about $64, while the 25 BTC block subsidy was around $7,100. Bitcoin’s block subsidy is scheduled to halve to 1.5625 BTC around April 2028 at block 1,050,000. CoinDesk noted that this block’s fees account for less than 0.2% of the subsidy reduction miners will face after the halving.

Bitcoin's gains underperformed US stock market indices, with $4.34 million in liquidations from flash contracts over the past hour, surpassing Ethereum's liquidation volume over the same period.

According to Coinglass data, global crypto liquidations totaled $25.41 million in the past hour, with long-position liquidations at $3.34 million and short-position liquidations at $22.07 million. Notably, as of press time, the U.S. Dow Jones Industrial Average rose 1.68%, S&P 500 gained 1.92%, and Nasdaq 100 climbed 2.71%. Yet after U.S. stock markets opened, Bitcoin only increased by 1%, causing most short liquidations to hit U.S. stock-linked contracts, including those for Sandisk ($4.34 million) and SOXL ($2.53 million + $0.92 million).

Bitcoin ETFs See $467.81M Outflow in 24hrs, Ethereum ETFs Down $88.25M

Nov 9 Update: #Bitcoin ETFs: 1D NetFlow: -6,270 $BTC(-$467.81M)?? 7D NetFlow: -17,694 $BTC(-$1.32B)?? #Ethereum ETFs: 1D NetFlow: -41,644 $ETH(-$88.25M)?? 7D NetFlow: -171,494 $ETH(-$363.43M)??

Brazilian crypto exchange Mercado Bitcoin has begun phased restoration of website login services starting today, stating it will use its own funds to replenish customer balances.

Per an official announcement from Mercado Bitcoin, the cryptocurrency exchange has reopened account logins via its website as of today. To ensure platform stability, access will be phased in for users starting at 16:00 local time, with full access restoration for all customers expected to be completed before 18:00. The exchange noted that customer balance records have been preserved, the incident did not impact customer assets, investments, or Brazilian real balance data, and it will use its own capital to cover customer balance shortfalls; balance updates will align with the platform’s reopening and market resumption. The recovery is currently in its first phase, during which users can check their balances and assets.

Total assets of U.S. Bitcoin spot ETFs fall below $100 billion

According to Coinglass data, U.S. spot Bitcoin ETFs saw a net outflow of $1.2817 billion last week. Among them, BlackRock’s IBIT recorded a net outflow of $1.209 billion, while Fidelity’s FBTC posted a net inflow of $93.1 million. Amid further declines in Bitcoin, the total size of U.S. spot Bitcoin ETFs dropped below $100 billion, now standing at $99.525 billion.

Bitcoin breaks below $74,000, with a 2.77% intraday decline.

According to HTX market data, Bitcoin has fallen below $74,000, currently trading at $73,962.2, with a 2.77% intraday decline.

California regulators ordered Bitcoin ATM operator Coinflip to pay over $4.8 million in restitution to scam victims.

The California Department of Financial Protection and Innovation (DFPI) announced it has ordered Bitcoin ATM operator Coinflip to pay over $4.8 million in full restitution to California scam victims, plus more than $350,000 in improper excess fees to regulators. An investigation found that since 2021, Coinflip failed to adequately fulfill obligations including customer identity verification and suspicious transaction monitoring; some transactions exceeded California’s daily $1,000 limit per customer, and the firm also faced issues such as missing pre-transaction disclosures and incomplete receipts. Regulators also required Coinflip to cease related illegal and unfair business practices. The enforcement involves approximately 500 crypto ATMs operated by the company in California.

Founder of Ethereum News Weekly: Layer 1 (L1) project Pearl is poised to outperform Bitcoin.

Evan Van Ness, founder of Ethereum News Weekly, said in a recent interview that he believes Pearl, a Layer 1 (L1) project based on useful proof-of-work (PoW), has the potential to surpass Bitcoin. Van Ness added that Pearl uses matrix multiplication for mining—computation identical to that used in AI model training and inference—allowing it to run in parallel with inference with almost zero additional overhead. He pointed out that Bitcoin faces issues including premature ossification and security budget problems, while Pearl converts the originally "useless" mining process into useful computation, creating a flywheel effect that lowers inference costs.

Analysis: On-chain data shows real Bitcoin (BTC) panic, with long-term holders "capitulating" while panic-driven sell-offs accelerate liquidation.

On-chain analyst Murphy published an analysis dissecting Bitcoin’s real market panic level using on-chain data. He pointed out that on November 5, the realized loss of long-term holders (LTH-RLTE) transferred to trading platforms reached $139 million—only exceeded in February and June this year in the past 12 months, signaling severe market anxiety, with even long-term holders starting to "capitulate" and exit. Conversely, this often means the liquidation of panic-driven positions is speeding up. In comparison, short-term holders haven’t "panicked into indiscriminate selling": they completed most of their turnover at the start of the year, with current average cost around $75,000 to $76,000, and the current price is near their break-even line, so most choose to hold and wait. Overall, the absolute value of the 24-hour average on-chain realized loss remains high. Hit by both the Binance hack at the end of October and the November 5 US stock market crash, market confidence has taken a hit, directly triggering panic among long-term holders. However, the overall realized loss scale hasn’t continued to expand. Murphy believes investors are currently in a psychological state of "unwilling but forced to sell at a loss", and sentiment recovery will require a catalyst: when people gradually realize the actual situation isn’t as bad as expected.

Bitcoin suffered a flash crash ahead of its weekly candlestick close, with a price wick dipping to $73,510. Long position liquidations hit $715 million within an hour, and the ETH/BTC exchange rate also plunged 4.22% in tandem.

According to HTX market data, Bitcoin experienced a flash crash and pin action this morning as it neared the close of its daily and weekly K-line charts. It dropped 2.77% within 15 minutes, hitting a low of $73,510 before gradually rebounding back to the level where the crash originated. As of press time, Bitcoin is trading at $75,418. Per Coinglass data, $745 million in liquidations occurred for Bitcoin over the past hour, nearly all of which were long positions ($715 million), with only $29.62 million in short positions liquidated. The largest liquidations were seen in Bitcoin and Ethereum, at $343 million and $229 million respectively. Notably, Ethereum performed far weaker during the flash crash. It plummeted 7.3% within 15 minutes, hitting a low of $2,060, before later narrowing its decline to just 2.42% at its peak rebound. As of press time, Ethereum is trading at $2,151, still down 3.22% from its pre-crash level. Data shows the ETH/BTC exchange rate fell 4.22% during the flash crash, now trading at 0.0285, hitting a new low since September’s peak.

Cathie Wood: Bitcoin will continue to outperform gold, while gold faces downward pressure.

ARK Invest founder Cathie Wood said on this week’s episode of the "In The Know" program that Bitcoin will continue to outperform gold, while gold prices face downward pressure. She noted that the correlation between Bitcoin and gold has stood at just 0.1 since 2019, meaning the two assets have almost no link, and their correlation has swung between positive and negative values, so Bitcoin does not necessarily follow gold when the latter declines. Wood also presented the Bitcoin-to-Gold Ratio chart during the show, stressing that Bitcoin’s status as "digital gold" does not require it to move in the same direction as gold. This assessment aligns with her multiple remarks in ARK’s shows in September and October this year, and she has recently been highlighting the breakout logic of Bitcoin relative to gold.

Hyperliquid Whale Aggressively Shorts Bitcoin, Net Short Position Nears $1 Billion, Hitting a New Stage High

According to on-chain data, whale accounts on Hyperliquid are aggressively shorting Bitcoin, with their shorting activity hitting its highest level since October 2025. Currently, the BTC short positions held by these whale accounts range from $892 million to $924 million, while long positions stand at just $454 million to $483 million. The largest single short order is valued at around $178.5 million, with an average entry price of approximately $76,400, while Bitcoin’s current price hovers near $75,800. Data shows these whale accounts have been adding to their short positions continuously since turning net-short on October 27. However, market analysts note that the extremely crowded short positions are a double-edged sword. If prices fail to drop as expected and instead break upward, short sellers will face pressure to buy back and close their positions; this passive covering could very well trigger a sharp short squeeze, driving prices higher rapidly.

Michael Saylor has once again released Bitcoin Tracker information, potentially signaling additional BTC purchases.

MicroStrategy founder Michael Saylor has once again shared updates related to the company’s Bitcoin tracker, stating, “Connecting the dots.” Per past patterns, orange dots on the tracker represent MicroStrategy’s Bitcoin purchase records, and this move likely signals the firm will increase its BTC holdings. MicroStrategy typically discloses changes to its Bitcoin position the day after such related announcements.

Bitcoin breaks through $76,000.

According to HTX market data, Bitcoin has broken through the $76,000 mark, with a 0.17% decline in the past 24 hours.

A hacker went long on Bitcoin (BTC) worth $12.84 million using 20x leverage, while shorting Ethereum (ETH) worth $12.83 million.

According to Lookonchain’s monitoring, a hacker is going long on Bitcoin (BTC) and short on Ethereum (ETH). The hacker created a new wallet to receive 3,100 ETH via Tornado Cash, then sold the ETH to obtain 6.92 million USDC and deposited the funds into Hyperliquid. The wallet subsequently opened a 169.47 BTC long position with 20x leverage, valued at approximately $12.84 million, alongside a 5,740 ETH short position with the same leverage, worth around $12.83 million.

Bitcoin Core Developer Proposes Collateral Defense Scheme Against Quantum Attacks

Bitcoin Core developer Cory Fields has proposed a "quantum mine" scheme, aiming to raise the cost for future quantum attackers to steal Bitcoin from old wallets via a collateral mechanism. Under the proposal, transferring Bitcoin vulnerable to quantum attacks requires additional collateral and a waiting period. Legitimate holders can present pre-prepared secret proof of ownership within the timeframe to retrieve their assets and claim the attacker’s collateral. Reports note that since the blockchain cannot distinguish between attackers and legitimate holders, the latter must also provide collateral when transferring such Bitcoin; for dormant assets with lost private keys, Fields also proposed a challengeable auction mechanism. The scheme remains a proposal and has not been implemented as a network rule. (BeInCrypto)

Bitcoin's Ahr999 indicator drops below 0.45, returning to the buy-the-dip zone for the first time since late August.

According to HTX market data, affected by the pullback in U.S. stock AI trading, Bitcoin has recently seen a rapid pullback, now falling below $76,000 and trading at $75,985.46. Separately, third-party data shows that Bitcoin's Ahr999 indicator has dropped below 0.45 to 0.4310, returning to the "buy-the-dip zone" since August 20. The previous "buy-the-dip zone" window (May 29 to August 19 this year, when the indicator was below 0.45) lasted about 82 days. BlockBeats Note: The Ahr999 indicator helps Bitcoin dollar-cost averaging (DCA) users make investment decisions by combining timing strategies. The indicator incorporates Bitcoin's short-term DCA returns and the deviation between its price and expected valuation. Historically, Bitcoin's Ahr999 index has stayed below the bottom-fishing line (0.45) for 655 days.

Bitcoin mining difficulty has remained below its peak for 374 consecutive days, marking the longest such stretch in history.

Bitcoin's mining difficulty has stayed below the all-time high of 155.97T set on October 29, 2025, for 374 consecutive days — the longest such period in the network's history, exceeding the previous records of 364 days after the 2011 market crash and 253 days following China's 2021 mining ban. Economist Saifedean Ammous noted that neither the 2011 price pullback nor China's mining ban lasted as long, calling this a "new world" for Bitcoin mining. The difficulty fell to a low of 124.93T in mid-June 2026, roughly 20% lower than its peak. Though it rebounded to 148.36T in October, Mempool.space forecasts another ~3.7% drop around November 13, further delaying a new all-time high. Reportedly, the pressures stem from low Bitcoin prices, public mining firms selling off Bitcoin and shifting focus to AI, as well as Democratic efforts to impose data center restrictions after the midterm elections, which could also impact mining companies.

Smart money, which accurately timed the previous cycle’s bottom and peak exits to net $2 billion in profits, began purchasing 3,009 Bitcoin yesterday.

According to Arkham analyst Emmett Gallic, a crypto whale that had remained dormant for over a year began purchasing 3,009 Bitcoin (BTC) yesterday. The whale bought 50,000 BTC at an average price of $20,000 at the end of 2022 during the previous market cycle, then gradually sold its holdings to realize profits between 2024 and early 2025, generating a total profit of $2 billion.

Viewpoint: Bitcoin’s technical support level stands at $73,000, while Ethereum shows signs of a breakdown.

Crypto analyst Ali Charts noted in a post that Bitcoin’s 3-day K-line chart shows it has been trading within an oscillating range of $87,000 to $60,000 over the past year, with $73,000 as the median line of this range. If this key level is broken, the channel’s lower boundary at around $60,000 will become a notable area to monitor. In contrast, Ethereum appears to have broken out of its right-angled ascending expansion pattern on the daily chart. Having lost the $2,385 support level, if selling pressure persists, this pattern signals a potential downside target of $1,963.

Bitcoin ETFs saw a net outflow of $1.2817 billion this week.

According to Farside Investors' monitoring, U.S. spot Bitcoin ETFs recorded a net outflow of $1.2817 billion this week. Among them, BlackRock's IBIT saw a net outflow of $1.209 billion, while Fidelity's FBTC posted a net inflow of $93.1 million.

Should Bitcoin surpass $77,000, the cumulative liquidation amount of short positions on major centralized exchanges (CEXs) will reach $958 million.

According to Coinglass data, if Bitcoin breaks through $77,000, the cumulative short liquidation intensity on major centralized exchanges (CEXs) will reach $958 million. Conversely, if Bitcoin falls below $75,000, the cumulative long liquidation intensity on major CEXs will hit $345 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the chart actually represent the relative importance (i.e., intensity) of each liquidation cluster compared to adjacent clusters. Thus, the chart illustrates the degree of impact the underlying asset’s price will face when it reaches a certain level. A higher "liquidation bar" signals that once the price hits that level, it will trigger a more intense reaction driven by liquidity waves.

Viewpoint: Bitcoin market selling pressure hit a new high since August on November 5, and the panic sentiment may take several weeks to digest.

Crypto analyst Murphy stated in a post that on November 5, the crypto market experienced notable panic, with the Spot Volume Differential (SVD) on exchanges heavily skewed toward sellers. Selling pressure reached its highest level since the start of the current rally in August, even surpassing the active selling pressure triggered by Binance’s security incident on October 30. Murphy pointed out that the intensifying active selling pressure pushed prices further down, but it remains unclear whether buyer absorption capacity has improved. Only when an active selling pressure of the same scale emerges next time without a significant price drop will it signal that buyer order depth may have increased. He argued that the successive short-term shocks from Binance’s "black swan" incident and the sharp U.S. stock market slump have significantly eroded bullish confidence. The market may take weeks or even one to two months to digest the panic, making a short-term direct V-shaped rebound highly unlikely. Going forward, focus should be placed on monitoring changes in investor behavior, market sentiment, and token distribution structure.