Bitcoin Longs on Bitfinex Jump 40% in Three Months as Traders Double Down on Dip
Rising margin bitcoin longs show confidence despite bitcoins ongoing correction.
Rising margin bitcoin longs show confidence despite bitcoins ongoing correction.
[Strategy Has Not Yet Disclosed Last Week's Bitcoin Accumulation Data] Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), shared a chart captioned 'Probably Nothing,' showing that the trading volume of Bitcoin-backed credit markets has been steadily increasing since mid-September. As of the week of November 17 to 21, the total volume reached nearly $20 million, a 50.8% increase compared to the previous week. Among these, STRC (Strike) contributed over $10.51 million, followed by STRD, STRF, and STRK. As of now, the Strategy official website has not disclosed last week's Bitcoin accumulation data, suggesting that BTC may not have been accumulated last week.
[Binance to Delist PONKE, SWELL, and QUICK Perpetual Contracts in November 2025] Binance has announced that on November 28, 2025, at 09:00 (UTC), it will close positions, perform automatic settlement, and delist the USDⓈ-M PONKEUSDT, SWELLUSDT, and QUICKUSDT perpetual contracts. Starting from 08:30 (UTC) on November 28, 2025, users will no longer be able to open new positions. Binance recommends users close their positions manually before the contracts are delisted to avoid automatic settlement.
[Monad (MON) is now live on Coinbase and the Coinbase App] On November 24, Monad (MON) has been launched on Coinbase and the Coinbase App. Coinbase users can log in to buy, sell, exchange, or store it.
[AVAX One Spends Approximately $110 Million to Acquire 9.37 Million AVAX] Nasdaq-listed company AVAX One disclosed that between November 5 and 23, 2025, it spent approximately $110 million to acquire 9,377,475 AVAX tokens at an average purchase price of $11.73. As of now, the total number of AVAX tokens held by AVAX One has exceeded 13.8 million. Additionally, the company's board of directors previously approved a $40 million stock buyback program.
[Goldman Sachs Chief Economist Expects Fed Rate Cut in December] Goldman Sachs Chief Economist Jan Hatzius expects the Federal Reserve to cut interest rates in December, bringing rates down to slightly above 3%. He warns that the slowdown in the U.S. economy may exceed expectations, necessitating further rate cuts. Although the September non-farm payroll report showed an increase of 119,000 jobs, the rise in layoffs indicates that labor market weakness may be solidifying, limiting the impact of moderate economic growth.