BTC falls below the $94000 mark

According to on chain data, Giant Whale 0xa339 sold 5000 ETH in the past hour, which was converted into 14.6 million USDC. In the past 11 days, the address has sold a total of 35605 ETH worth approximately $103.7 million, with an average price of $2914 and a profit of $13.14 million. At present, the address still holds 15000 ETH worth approximately $43.88 million. (Ashes)

[Justin Bram-associated wallet receives 5.37 million WLD and sells part of the assets] Onchain Lens monitoring shows that a wallet associated with Justin Bram received 5.37 million WLD, worth approximately $2.6 million, from the World Coin Vesting wallet. Among them, 943,000 WLD were transferred to Justin Bram and sold for $458,814. In addition, the wallet also sold 23.84 million FAI for $54,629.

[‘The Big Short’ Protagonist Michael Burry: Bitcoin Is Worthless] Michael Burry, the hedge fund manager prototype from the movie ‘The Big Short,’ stated on the podcast *Against the Rules* that Bitcoin is worthless and compared it to the tulip mania of this era. He believes that Bitcoin reaching $100,000 is absurd and criticized some people for casually discussing Bitcoin price fluctuations on television.

[Ethereum's Contract Trading Volume Hits Record High This Year, Futures Trading Volume Exceeds $6.74 Trillion] CryptoQuant analyst Darkfost pointed out that Ethereum's contract trading volume this year has far surpassed previous levels. Taking Binance as an example, futures trading volume exceeded $6.74 trillion, nearly double that of 2024. Over the past year, the ratio of spot to futures trading was approximately 0.2, reflecting the market's heavy reliance on leverage. Futures trading has significantly influenced Ethereum's price trends. This year, Ethereum's price volatility was amplified, ultimately achieving a historic high by a narrow margin.

Whale address 0xDDC4 purchased 20375 AAVEs for 1086 ETH (approximately 3.13 million US dollars) 9 hours ago. Since December 3, 2024, the address has purchased a total of 59588 AAVEs, with a total cost of approximately $13.47 million and an average price of $226. Currently, the account has a floating loss of approximately $4.3 million. （Lookonchain）