Bitget App
Trade smarter
News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitget Daily Digest (Nov 17) ｜ $127M in Liquidations Across the Market in the Past 4 Hours; Major Token Unlocks This Week for ZRO, ZK and Others; Michael Saylor Releases New Bitcoin Tracker Update2Bitcoin hits 6-month low as AI fears add to risk-off mood: How are pro traders positioned?3Spain Pins X for Illegal Crypto Promotion
Weekly Crypto Market Watch (11.10-11.17): Extreme Market Panic, Privacy Sector Stands Out
Last week, both the open interest and trading volume of altcoin contracts on exchanges declined, reflecting a continued lack of liquidity following the sharp drop on October 11.
深潮·2025/11/17 12:06
Multiple grand rewards are coming, TRON ecosystem Thanksgiving feast begins
Five major projects within the TRON ecosystem will jointly launch a Thanksgiving event, offering a feast of both rewards and experiences to the community through trading competitions, community support activities, and staking rewards.
深潮·2025/11/17 12:06
Yala Faces Turmoil as Stability Falters Dramatically
In Brief Yala experienced a dramatic 52.9% decline, challenging its stability. Liquidity management emerged as a critical vulnerability in stablecoins. Investor skepticism deepened despite major fund support.
Cointurk·2025/11/17 11:33
US Bitcoin ETFs Log $1.1B Weekly Outflows as BTC Slides Toward $95K
Cointribune·2025/11/17 11:27
ECB Warns Rapid Stablecoin Growth Could Force Rethink of Eurozone Monetary Policy
DeFi Planet·2025/11/17 11:21
Hong Kong Pilot Marks Breakthrough Moment for Regulated Fund Tokenization
DeFi Planet·2025/11/17 11:21
Bitcoin’s Legal Weak Points Spark Fresh Debate, Nick Szabo Warns
DeFi Planet·2025/11/17 11:21
Solana Price Drops to $140, Is a Fall to $134 the Next Move?
Coinpedia·2025/11/17 11:03
Dogecoin Price Sinks to New Lows, Can Bulls Regain $0.171 Soon?
Coinpedia·2025/11/17 11:03
Flash
- 12:39Sharps Technology completed a $411 million fundraising in Q3, aiming to continue increasing its holdings of SOL.Jinse Finance reported that Solana treasury company Sharps Technology released its Q3 financial report, disclosing that as of October 31, its SOL treasury holdings exceeded 2 million tokens. The combined Q3 staking income and fair value gains from digital assets amounted to approximately $17.7 million. In addition, the company completed a $411 million fundraising round in Q3, which is intended to be used for further increasing its SOL holdings.
- 12:35Glassnode: Nearly all Bitcoin held by short-term holders is at a loss, reaching the highest level since the FTX collapse.ChainCatcher news, according to CoinDesk, Glassnode data shows that short-term bitcoin holders (holding for less than 155 days) currently hold a total of 2.8 million bitcoins, almost all of which are now in a loss position. This scale of loss has reached its highest level since the FTX collapse in November 2022, when bitcoin was trading at around $15,000 per coin. On June 15 (155 days ago), bitcoin was trading at $104,000, which means that almost all bitcoins purchased since then are currently priced below their purchase price. In contrast to short-term holders, long-term holders continue to reduce their holdings. Glassnode data shows that the number of bitcoins held by long-term holders has decreased from 14,755,530 in July to 14,302,998 on November 16, a reduction of 452,532 bitcoins. Nicholas Gregory, board director of Fragrant, stated, "Many long-term holders choose to sell in 2025 after years of accumulation. Most of these sales are due to lifestyle changes rather than a negative view of the asset itself. The launch of US ETFs and the $100,000 price target have created a highly attractive and liquid window for selling."
- 12:32Bitunix Analyst: Whale Sell-Off Accelerates, Not Panic Yet but Liquidity Gap Poses RiskBlockBeats News, November 17, on-chain data shows that several "whales" holding more than a thousand bitcoins have recently concentrated on selling, causing the bitcoin price to fall from below 100,000 all the way down to around $97,000. Both exchanges and derivatives windows are showing selling pressure: overall, whale short positions are higher than long positions (on-chain data shows shorts at about $2.17 billion, longs at about $1.18 billion), and bitcoin ETF has seen net outflows for several consecutive weeks, totaling several billions of dollars over the past five weeks, with a significant decline in demand-side absorption. In the derivatives market, protective put options are active around $90,000–$95,000, indicating the market is seeking hedging at lower levels. Although much of the selling is attributed to long-term holders taking profits—both Glassnode and MarketVector reports lean towards "planned selling" rather than panic liquidation—the current situation is not without risk. The key lies in absorption depth: during the long-term sell-off from the end of last year to the beginning of this year, there were still buyers in the market to absorb; at this stage, ETF outflows and a slowdown in institutional allocation make it easier for sell orders of the same scale to amplify price volatility, causing a chain reaction of liquidations. Technically and in conclusion, the key short-term price levels to watch are $100,000 and $93,000; if $93,000 is confirmed to be lost, the market may test deeper liquidity zones. Conversely, if active buying (including known large players such as Strategy, etc.) steps in at lower levels and stabilizes ETF capital flows, a structural rebound after deleveraging may be triggered. Bitunix analysts focus on whale wallet movements and large transfers; ETF capital flows and institutional buy/sell announcements; and in the derivatives market, changes in open interest for put options (PUT/OI) and implied volatility—if all three turn positive simultaneously, it signals the true return of buying power; otherwise, market direction will still be determined by liquidity.