BTC falls below the $105000 mark

[ECB Executive Board Member Elderson Says Inflation Risks Are Balanced] ECB Executive Board Member Elderson stated that inflation risks are currently in a balanced state.

[Jefferies: U.S. Government Restart May Ease Market Risk Pressure] On November 11, Jefferies Global Economist Mohit Kumar stated that the prospect of a U.S. government restart could ease market risk pressure and boost risk assets. Kumar pointed out that after the Senate passed the stopgap spending bill, the government shutdown might end this week. He believes that position unwinding will reduce resistance for risk assets, though uncertainty around Federal Reserve policy remains. According to data from the London Stock Exchange Group, the currency market predicts a 64% probability that the Federal Reserve will cut interest rates by 25 basis points in December.

Matrixport extracted 872 BTC from Binance, with a total value of approximately $91.68 million, and the specific purpose has not been disclosed yet. （Lookonchain）

[MGBX Will Launch LUX Spot Trading] To further enrich the platform's trading options and enhance user trading experience, MGBX will officially launch the following spot trading pair: Schedule: Deposit opening time: To be determined Trading opening time: To be determined Withdrawal opening time: To be determined Trading pair details: LUX/USDT For more trading opportunities, please visit 'Quick News Updates.' Data sourced from MGBX, for information sharing only and does not constitute any investment advice.

["'Former ETH Shorting Whale' Transfers $892 Million USDT to Binance and Withdraws 266,900 ETH Within a Week"] On-chain data analysis shows that the "former ETH shorting whale" has recently shifted to a long position. Today, the whale borrowed $190 million USDT from Aave and transferred it to Binance, subsequently withdrawing 75,418 ETH (approximately $269 million). Over the past week, this address has cumulatively transferred $892 million USDT to Binance and withdrawn 266,895 ETH, with an average purchase price of approximately $3,402.