[KOL Claims SAHARA Price Plunge Due to Active Market Maker Liquidation] On November 30, KOL Crypto Fearless revealed that the abnormal price drop of SAHARA last night was caused by the recent liquidation of an active market maker. Insiders stated that the market maker had managed multiple projects, including MMT and SAHARA. Due to irregularities in market-making for a certain project, the trading platform identified the issue, investigated related addresses and account clusters, restricted their positions, and ultimately triggered a risk control-induced price crash.

[Galaxy: Seven Large Transactions Account for Nearly Half of Crypto Investment in Q3] Galaxy Digital's report shows that seven large transactions in the third quarter of this year raised over $2.26 billion, accounting for 48.7% of the total venture capital investment in cryptocurrency and blockchain companies. During this period, venture capital firms invested $4.65 billion in crypto startups and private companies through 415 transactions, a quarter-on-quarter increase of 290%, but still below the levels of 2021-2022. The growth was primarily driven by later-stage companies, with capital becoming more concentrated in mature companies. Galaxy Digital believes that the golden age of pre-seed crypto venture capital has come to an end.

The Swiss National Bank currently holds over 750000 shares of Bitcoin company MicroStrategy, indicating its investment size in the company. （The Bitcoin Historian）

In the past 12 hours, the main force sold large orders with a turnover of $45.4 million, far exceeding the $7.66 million for buying large orders, with a net outflow of $3.773 million. The main force has a strong willingness to short. The maximum single sale reached $16.51 million, directly suppressing the price increase. Combining the current 1-hour cycle K-line top pattern and KDJ dead cross signal, double verify the bearish pressure. Although the MACD bar chart shows an increase in upward momentum, trading volume continues to shrink, market activity decreases, and the rebound lacks support. In the short term, we need to be vigilant about the risk of further pullback. Open membership, track key trends in real-time, and accurately capture market turning points! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.

[Strategy CEO Says Bitcoin Will Only Be Sold Under Extreme Circumstances] Strategy CEO Phong Le stated that Bitcoin would only be considered for sale if the company's stock price falls below its net asset value and it is unable to secure new funding. He emphasized that this is a 'financial decision,' not a shift in long-term policy or an active selling plan. This month, Strategy launched a new 'BTC Credit' dashboard in response to market concerns about its debt and liquidity. The company stated that its debt structure and cash flow coverage remain robust, even in the face of prolonged Bitcoin price downturns.