Michael Saylor reiterates his intention to destroy Bitcoin keys after his death

[Bitunix Analyst: Escalation of Russia-Ukraine Situation May Intensify Short-Term Volatility in the Crypto Market] On November 25, the United States and Ukraine reached a preliminary consensus on the '19-Point Peace Plan.' However, before the Kremlin received any official documents, Russian missiles had already reached the skies over Kyiv, targeting the capital's energy and civilian infrastructure. The Kyiv city government initiated restrictions on water and electricity supply, while Russia used battlefield actions to compress the negotiation space. Bitunix analysts pointed out that the escalation of the Russia-Ukraine situation will strengthen global risk-averse sentiment in the short term, impacting the crypto market: demand for safe-haven assets may boost BTC dominance, but liquidity contraction and leverage liquidation risks will put pressure on small and mid-cap tokens. The market may enter a phase of high volatility and low-risk appetite.

[Ethereum drops to $2,900, daily decline of 1.82%] Ethereum's price has fallen to $2,900 per coin, with a daily decline of 1.82%.

According to AiCoin's real-time on chain monitoring, from 15:58-16:00 (UTC+8) today, the "Calm Open King" once again placed a ZEC short order, with a total of 2356 ZEC and a value of $1.2 million. As of press time, the value of its ZEC short position is as high as $2.48 million, with a floating profit of $10000. Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a

OKX-ETH/USDT is currently trading at $2901.13, with a 5-minute drop of 0.19%. Please be aware of market fluctuations.

**["Ultimate Bear" Closes BTC Short Positions for the First Time This Month, Holding Scale Around $103 Million]** On November 25, monitoring data showed that the "Ultimate Bear" whale address (0x5D2) has been continuously closing BTC short positions for profit-taking over the past hour. Approximately $4.3 million has been closed, with a profit of $1.17 million, and there remains an unrealized profit of $28.15 million. The current holding scale is approximately $103 million, with an average price of $111,500 and a liquidation price of $94,800, making it the largest BTC short position on the Hyperliquid platform. This address has withdrawn approximately $34.09 million in margin this month and transferred $40 million to a Binance wallet. Today, it slightly transferred $3 million in margin to raise the average price. This year, the address has opened four large BTC short positions, all of which resulted in losses totaling $5.48 million. This current short position has been partially closed for profit-taking since October 11, accounting for 40% of the position, with a profit of approximately $5.17 million. Funding rate settlements have recorded a profit of $9.32 million.