BTC breaks through the $89000 mark

According to data provided by OKX Explorer, at 23:34 (UTC+8) on December 2, Tether issued 1 billion USDT on the TRX chain. Transaction hash: 3dad33c71f455a23ad8cc71131caa089188f77cf67ab343f9148107a67b80724 View details: https://web3.(okx.com)/explorer/trx/tx/3dad33c71f455a23ad8cc71131caa089188f77cf67ab343f9148107a67b80724 Note: The above data is sourced from OKX Explorer

[Bitcoin Rises 6% on First Trading Day After Vanguard Lifts ETF Ban] Bloomberg ETF analyst Eric Balchunas stated that on the first trading day after Vanguard lifted the Bitcoin ETF ban, Bitcoin rose 6% at the U.S. stock market opening, with IBIT reaching a trading volume of $1 billion within the first 30 minutes. He commented that even the most conservative investors enjoy adding a bit of excitement to their portfolios.

Kalshi secures a massive funding boost led by Paradigm, widening its lead over Polymarket as trading volumes surge and both platforms pursue fresh capital.

[Nine consecutive wins trader closes 500 BTC short position, losing over $1.78 million] On December 2, according to Lookonchian monitoring, a trader with nine consecutive profitable trades used 40x leverage to short 500 BTC, ultimately stopping out and closing the position, resulting in a loss of over $1.78 million. Previously, the trader had accumulated $2.12 million in profits across nine consecutive trades, with this loss nearly wiping out most of the gains.

9-game winning trader 0xFC78 has ended his winning streak, losing over $1.78 million in a short trade. He had previously accumulated a profit of $2.12 million through 9 consecutive profitable trades, but this loss has already taken away most of his earnings. （Lookonchain）