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1Bitget Daily Digest (Dec. 5) | 21Shares Launches 2x Leveraged SUI ETF on Nasdaq; U.S. Treasury Debt Surpasses $30 Trillion; JPMorgan: Strategy’s Resilience May Determine Bitcoin’s Short-Term Trend2Bitcoin looks increasingly like it did in 2022: Can BTC price avoid $68K?3The Chainlink ETF Disappoints Despite $41 Million Inflows — Why?
Crypto Markets Face a Rollercoaster: What Happened in the Past 24 Hours?
In Brief Bitcoin price dropped by 2.4%, influencing overall crypto market sentiment. The top 10 cryptocurrencies saw a general decline over the past 24 hours. Market seeks stability amid cautious investor behavior and potential short-term volatility.
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Flash
- 12:17Vitalik proposes establishing an on-chain gas futures market to address Ethereum fee volatilityChainCatcher news, Vitalik Buterin posted on X stating that the industry urgently needs a "trustless on-chain gas futures market," similar to a "prediction market for BASE FEE," to address users' uncertainty about future transaction fee trends. An on-chain gas futures market can provide a clear understanding of people's expectations for future gas fees, and can even hedge against future gas prices, effectively allowing users to prepay a specific amount of gas for a specific period of time.
- 11:54Two major whales place large bets on bitcoin's price movement, taking opposing long and short positions against each otherAccording to Jinse Finance, monitored by Lookonchain, a whale "0x50b3" opened a 20x leveraged long position on bitcoin, with a position value of $27.5 million, an entry price of $89,642.7, and a liquidation price of $83,385. Another whale "0x9311" simultaneously opened a 40x leveraged short position on bitcoin, with a position value of $20 million, an entry price of $89,502.7, and a liquidation price of $95,114.
- 11:44Data: A certain whale bought 16.35 million PIPPIN in the past 3 days, with unrealized profits exceeding $740,000.ChainCatcher News, according to OnchainLens monitoring, in the past 3 days, a certain whale spent 23,736 SOL (worth about $3.3 million) to purchase 16.35 million PIPPIN at an average price of $0.2. The current unrealized profit on this position exceeds $740,000.
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