Binance founder Zhao Changpeng said he is telling national leaders that if they don't buy Bitcoin now, they may need to buy it at a price of $50 million per coin in the future. （The Bitcoin Historian）

[Hardcore Bearish Whale's 20x Leveraged BTC Short Position Sees Unrealized Profit Exceed $20 Million] According to Hyperbot data, after a brief drop in Bitcoin's price, a whale address (0x5D2...9bb7) that has shorted BTC four consecutive times now holds a 20x leveraged BTC short position with an unrealized profit exceeding $20 million. The current position is approximately 860 BTC, with a liquidation price of $101,746.

For those of us who want to use crypto to make the world better, we need to start calling out this behavior for what it is: short-sighted, selfish, unwelcome greed, says VeChain co-founder Sunny Lu.

On chain data shows that a certain account was forced to close due to a drop in ETH price to $2900, resulting in a loss of $738000 on 7250 ETH orders. Subsequently, the account opened another 2100 ETH multiple orders worth 6.18 million US dollars, with only 227000 US dollars remaining in the account balance. (Auntie Ai)

[K33 Research: December Could Be a Turning Point for the Crypto Market, Upside Potential Greater Than Downside Risk] K33 Research analyst Vetle Lunde stated that December might become a turning point for the crypto market, with structural upside potential forming. Currently, Bitcoin's valuation reflects market panic rather than fundamental factors, and the likelihood of a significant market rally is far higher than an 80% chance of another major drop. Lunde believes the market is overreacting to long-term threats such as quantum computing risks and the possibility of Strategy (MSTR) selling Bitcoin, while ignoring strong recent signals like the allowance of cryptocurrencies in 401(k) retirement accounts and the Federal Reserve shifting to support cryptocurrencies.