Odaily News According to on-chain analyst Ember, Ethereum co-founder Jeffrey Wilcke is preparing to sell ETH again after half a year: he transferred 20,000 ETH (US$72.5 million) to Kraken 50 minutes ago. He has been transferring ETH to Kraken since 2016, and has transferred a total of 288,000 ETH to Kraken for sale so far. The average price is US$861, and the total cash out amount is about US$248 million. He now still holds 106,000 ETH (US$384 million).

Odaily News According to official news, LPT, a digital asset prime broker, announced a strategic partnership with Bitstamp, a global crypto exchange, to provide clients with trading solutions and liquidity access. In the future, LTP and Bitstamp will continue to explore more cooperation possibilities and innovative solutions, build a digital asset trading ecosystem, and strive to provide users with safe, efficient and convenient trading opportunities.

Odaily News According to official news, Aevo announced that MOVE is available on its Pre-Launch market.

Odaily News BlackRock officially updated the Bitcoin ETF holdings information. As of November 27, the iShares Bitcoin Trust ETFs Bitcoin holdings were 495,443.6524 BTC, and the market value of its holdings exceeded US$48 billion, reaching US$48,035,615,461.69.

PANews reported on November 28 that Spot On Chain monitoring showed that Ethereum co-founder Jeffrey Wilcke transferred 20,000 ETH (about $72.5 million) to the Kraken exchange when the price of Ethereum rebounded strongly today. This is Wilcke's fourth transfer and sale in 2024, with a total of 44,300 ETH sold, a cash amount of $148 million, and an average selling price of about $3,342.

Odaily News Ethereum co-founder Jeffrey Wilcke deposited 20,000 ETH worth $72.5 million into Kraken.

Odaily News The attention asset protocol Moongate announced on the X platform that it has launched MGT airdrop claims and staking.

Odaily News According to Argent’s announcement on X, the STRK staked on its platform has exceeded 20 million, currently reaching 20,293,342.937 STRK, temporarily ranking first in the ranking of staked validators. In addition, the current total STRK staked has reached 57,973,875.67.

Odaily News According to Arkham monitoring, about five hours ago, 595.956 AVAX flowed into the Grayscale Avalanche Trust Fund from an unmarked address.

Odaily News Tether announced on the X platform that USDT on the TON chain has been launched on Coinet.

Odaily News Musks xAI company plans to launch a standalone application of its Grok chatbot as early as December to compete with OpenAI. (Cailian News)

Odaily News Since Trumps victory, Tesla and Bitcoin have far outperformed the SP 500, rising 35% and 39% respectively, while the SP 500 has only risen 5%. Despite the clear narratives behind each, the valuation issue has become increasingly complicated. Teslas stock price rise is partly due to the possibility that President Trump will abolish the electric vehicle subsidy policy after his election. As a leader in the electric vehicle field, Tesla may benefit from this, which analyst Dan Ives said would be a major competitive advantage for Tesla. Bitcoins valuation is more complicated. Although some experts predict that its future price will reach $3.8 million, there are also investors like Warren Buffett who believe that Bitcoin will eventually return to zero. Some analysts warn that investors should be wary of market bubbles. Robert Teeter, chief investment strategist at Silver Peak Asset Management, gave the example that Andy Warhol once transformed everyday objects such as steel wool brushes into works of art and achieved huge appreciation. Therefore, todays investment may also have similar appreciation potential. (Barrons)

Odaily News Vetle Lunde, head of research at K33 Research, said that since Trumps victory on November 5, the Volatility Shares Ethereum leveraged ETF has seen a 160% increase in positions. VolatilityShares currently holds more than half of CMEs open Ethereum contracts. Although Ethereum is less expensive than Bitcoin, market participants expect this to change after the current ETH price downturn. Based on the latest technical chart patterns, some analysts predict that Ethereum could reach $20,000 at the peak of the bull cycle in 2025. (Cointelegraph)

Odaily News Some analysts say that Bitcoin has outperformed Ethereum, with the price ratio between the two reaching a key historical support level. This makes Ethereum a value investment. In this craze, there is even a benchmark for Bitcoin. Some analysts believe that Bitcoins price is still cheap compared with other cryptocurrencies, especially Dogecoin. Dogecoin has risen by more than 300% this year. But this is not just an analysis of cryptocurrencies. There are strange phenomena in the market, such as the squirrel Peanut (PNUT) cryptocurrency. A squirrel Peanut in New York City has become a focus of controversy due to its popularity on social media, which has spawned a cryptocurrency with a market value of more than $1 billion. This absurd phenomenon has sparked discussions about market bubbles. (Barrons)

Odaily News JPMorgan Chases cryptocurrency team pointed out that the Trump administration may provide a clearer regulatory framework for the cryptocurrency market, which will promote the further development and popularity of cryptocurrency. Trump once used Bitcoin to buy burgers for cryptocurrency enthusiasts in a Manhattan bar, which sparked the markets interest in Bitcoin. (barrons)

Odaily News According to GMGN data, the meme project BullShit has increased by 100% in the past 24 hours, temporarily reporting $0.00024. It is reported that BullShit is a meme project on the BNB chain, committed to becoming the unofficial mascot of BNB.

The debtor’s estate for the failed crypto lending platform announced a second payment of $127 million to creditors, but some are still unhappy with the result.

PANews reported on November 28 that according to IntoTheBlock data, 90.8% of Ethereum ($ETH) holders are currently in a profitable state, the highest level since June this year. There are still 9.2% of holders in a loss state, but their holdings only account for 2.8% of the total ETH supply.

Odaily News According to Coinglass data, if Bitcoin breaks through $97,000, the cumulative short order liquidation strength of mainstream CEX will reach 811 million. Conversely, if Bitcoin falls below $94,000, the cumulative long order liquidation strength of mainstream CEX will reach 1.054 billion.

Odaily News According to Trader T monitoring, the U.S. stock crypto sector had mixed gains and losses before the market opened today: · MICROSTRATEGY: +1.5% · ISHARES BITCOIN TRUST: +1.8% · COINBASE GLOBAL: -1.2% · RIOT PLATFORMS: +2.4% · CLEANSPARK: +2.2% · MARA HOLDINGS: +0.04%