Asia Morning Briefing: BTC Steadies as Polymarket Traders Lean Toward December Rate Cut
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Rising odds of a Fed pivot helped calm crypto markets, while QCP and Glassnode point to a reset in leverage, fading sell pressure, and early signs of a bottoming structure as traders hedge both downside and late-year upside.
[Strategy has raised $21 billion this year to purchase Bitcoin]
Market reports indicate that Strategy (MSTR) has raised $21 billion this year to purchase Bitcoin.
Monitoring shows that an address (0x446BC9fa32Bd0BE37C3039167A1a3ED049f93f17) withdrew 102026 ETH worth approximately $29.16 million from Binance after a year of inactivity. The funds were withdrawn and transferred to the address, but no further flow was shown. （Onchain Lens）
[A Whale Withdraws 10,000 ETH from Binance After One Year of Dormancy]
On November 25, according to Onchain Lens monitoring, a whale withdrew 10,026 Ethereum from Binance after a year of dormancy, valued at approximately $29.16 million.
[Pump.fun Co-Founder Denies Cashing Out USDC via Kraken]
In response to Lookonchain's accusation that 'Pump.fun has cashed out at least 436.5 million USDC via Kraken since October 15,' Pump.fun co-founder Sapijiju stated that the claim is completely false. He emphasized that Pump.fun has never cashed out or participated in the transactions between Kraken and Circle as alleged by Lookonchain. Sapijiju explained that these funds are USDC obtained from the PUMP ICO, which have been transferred to different wallets for reinvestment in company operational funds. He further added that Pump.fun has never directly collaborated with Circle.