According to Whale Alert, a blockchain data tracking service, at around 01:59 Beijing time on November 25th, 1000 BTC (worth about $37,976,165) was transferred from an unknown wallet to Coinbase.

Lookonchain monitoring shows that three wallets belonging to a whale deposited 1,957 WBTC (worth $74.6 million) into Binance 13 hours ago. These three wallets always buy WBTC at a low price and sell it at a high price, earning over $24 million in WBTC.

According to GlobeNewswire, on November 24th, Bitfarms, a Bitcoin mining company, announced that it had reached a subscription agreement with certain institutional investors for a private placement in the United States, raising a total of approximately CAD 60 million (approximately USD 43.99 million), including 44,444,446 common shares and up to 22,222,223 common share purchase warrants exercisable over a period of three years.<br>The net proceeds from this private placement will be primarily used for acquiring more mining companies, expanding infrastructure, and improving its working capital. The private placement is expected to be completed around November 28, 2023.

Whale Alert has detected the transfer of 2,645 BTC (worth $100,193,057) from an unknown wallet to Coinbase at 17:58 Beijing time.

The co-founders of Glassnode, a blockchain analytics platform, have expressed optimism about Bitcoin. The gold-to-Bitcoin ratio has risen and is currently on an upward trend, according to Jan Happel and Yann Allemann. The Glassnode co-founders predict that the gold-BTC ratio could rise to over 100, meaning that one BTC would be worth 100 times more than one ounce of gold. They also suggest that the Bitcoin-altcoin cycle indicator indicates that an altcoin season is on the horizon.

Slow Fog Founder Yu Xian wrote on X platform: "There are indeed many technical details about Bitcoin. If your Bitcoin assets (inscriptions/BRC-20, which are essentially BTC or UTXO, are only valuable assets engraved on specific sats) are stolen, there are three main possibilities:

According to Coinglass data, the nominal value of open positions for Bitcoin options on the entire network has reached a new historical high of $19.132 billion. Compared with the open positions of Bitcoin futures contracts ($16.886 billion), the nominal value of open positions for Bitcoin options is 13% higher.

Former Goldman Sachs executive and founder of macro research institution Real Vision, Raoul Pal, stated on social media that there are two things worth celebrating:

El Salvador's President Nayib Bukele, who was a strong supporter of Bitcoin during the 2021 bull market, announced last year that the country would add one Bitcoin a day to its balance sheet. However, he has faced criticism for being reckless with the investment. According to NayibTracker, which tracks his Bitcoin purchases, Bukele is down nearly 8% on his investment of 3,120 BTC. Despite this, Bukele has been successful in improving security in the country and attracting foreign investment.

On November 23, 2023 at 9:59 AM UTC, a Bitcoin user accidentally paid a high fee of 85.216 BTC (approximately $3.19 million) in a transaction. This mistake occurred in block 818,087 mined by AntPool.