Bitdeer's Bitcoin holdings increased by 35% in the third quarter, and it currently holds 2,029 BTC, worth $152 million.
Bitdeer's total BTC mining output increased by 96% in the third quarter, reaching 1,109 BTC. (Bitcoin Archive)
[$43.45 million worth of BTC was traded in a single transaction, originating from Hyperliquid perpetual contracts.]
Active funds suddenly concentrated, chip flow uncertainty rises. Whether more moves follow remains to be seen.
The cryptocurrency market saw $178 million in long positions liquidated in the past hour due to higher-than-expected US October CPI data.
AI Interpretation: The unexpected rebound in inflation data shattered market illusions about a short-term shift in monetary policy. This result reinforced the Federal Reserve's necessity to maintain high interest rates to combat persistent inflation. The rising cost of funding expectations quickly triggered a sell-off in high-risk assets. The market is repricing the risks of tightening liquidity, and the cryptocurrency market will continue to face significant deleveraging pressure in the short term.
