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No results1Bitget Daily Digest (Nov 26) | Kevin Hassett Emerges as Top Candidate for SEC Chair; Ethereum ETFs Record ~$104M Net Inflow in a Single Day; Texas Launches Bitcoin Reserve Program with First $5M IBIT Purchase2Strategy Pauses Bitcoin Purchases, Raising Market Concerns3Monad’s MON Token Jumps 46% After Early Slide Amid Market Slump
Flash
- 09:58Data: Vitalik sent 1,006 ETH to the privacy protocol RailgunChainCatcher reported that, according to on-chain data, the vitalik.eth address has just transferred 1,009 ETH, and subsequently sent 1,006 ETH to the privacy protocol Railgun. Previously, Vitalik had transferred funds to the privacy protocol Railgun multiple times, with some used for donations and some for purchasing Ethereum ecosystem tokens.
- 09:52BTC falls below $87,000Jinse Finance reported that according to market data, BTC has fallen below $87,000, currently quoted at $86,973.72, with a 24-hour increase of 0.2%. The market is experiencing significant volatility, please ensure proper risk control.
- 09:51Analysis: It is crucial for the BTC price to find support at the 65% address cost basis lineAccording to ChainCatcher, on-chain analyst Murphy stated that the CBD Quantiles chart divides the buying costs of addresses to observe the distribution structure and migration direction of market holdings. The purple line represents the 65th percentile cost basis, meaning that 65% of BTC addresses have a holding cost below this value. If the high percentile line drops rapidly while the low percentile line rises, it indicates that high-priced holdings are being absorbed by lower-priced funds, and the chips are changing hands. It is extremely important for the current BTC price to find support at the purple line, as this indicates that the majority of on-chain addresses (65%) are still in a profitable state. In the previous cycle, after BTC price broke below the purple line support, it entered a long-term downward trend.