According to data from the past 12 hours, the total amount of BTC large market sell orders reached $61.32 million, far exceeding the buy order of $25.37 million, with a net outflow of $35.94 million and a buy to sell ratio of 1:2.42, clearly showing a short selling trend. Especially the latest few large sell orders were intensively executed after 17:00, with prices gradually dropping from $95446 to $95366, indicating that the main funds are accelerating their exit. Combined with the current extreme decline in trading volume and decreased market activity, downside risks are intensifying. In addition, the formation of a top split and KDJ dead cross signal on the 1-hour cycle K-line further confirms the pressure of the pullback. The bearish alignment of EMA24 and EMA52 moving averages suppresses the potential for price rebound. Open membership, track key trends, and seize opportunities! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

Digital asset exchange traded products (ETPs) recorded $2 billion in outflows last week, the largest weekly outflow since February of this year. （Cointelegraph）

[The largest BTC long position on Hyperliquid amounts to $64 million, with an unrealized loss of $780,000] On November 17, monitoring data showed that the largest BTC long address (0x93c) on Hyperliquid opened a BTC long position on the evening of November 14, with a position size of approximately $64 million at an average price of $96,900. The current unrealized loss is about $780,000 (30%), with a liquidation price of $87,700. Since November 12, this address has transferred approximately $8 million to Hyperliquid and previously made a profit of $700,000 through two ETH long positions. Subsequently, on the evening of November 13, it opened a third ETH long position at an average price of $3,396, with a position size of approximately $22.5 million. The current unrealized loss is $1.27 million (-140%).

According to the popularity ranking, ZEC ranks first in popularity, while SOON has the largest decline. The popularity ranking is as follows: ① ZEC （$672.40，-5.27%） ② STRK （$0.2309，3.59%） ③ DASH （$85.94，-7.18%） ④ ETH （$3204.06，-0.37%） ⑤ ASTER （$1.23，3.36%） The selling power of SOON's main funds is average, with a net outflow of $7275700 in 24 hours and a transaction volume of $482 million in 24 hours, of which the main funds have a net inflow of $38500.

[Singapore Exchange to Launch Bitcoin and Ethereum Perpetual Futures] Singapore Exchange announced that it will launch Bitcoin and Ethereum perpetual futures products on November 24, with trading limited to qualified institutional investors.