Daily Crypto NewsEDITION #88, 27 November 2020

Whales in da house

Share

Hey #Moni Maker βœ‹

Today, in 1895, Alfred Nobel signed his last will and testament, setting aside his estate to establish the Nobel Prize after his death. Over the past few years, we've figured that Satoshi Nakamoto can't be nominated because he is anonymous, so we are left to wait for the award to go to Mark Miller, Whitfield Diffey, or CZ, or Fluffy Pony, for example - after 2020 there's absolutely nothing left to surprise us. This will be the strongest signal of mass adoption.

Let’s go!

Whales are growing

An ocean of crypto!

The number of bitcoin whales (owners of at least 1000 BTC) has reached 2000. According to Glassnode, this is the highest figure in 4 years.

So what?

Well, whales, dive deeper - we are down here πŸ˜‰

Apparently, a lot of companies make investments in BTC without bothering the media. Who are they?

Bitcoin Spot Maximum

BTC SPOT, BTC TOP

According to Cryptorank, total bitcoin trading volume on spot markets reached $8.34 billion, this year's record high.

So what?

New day = New record, my lord! Bitcoin lures stock traders to its side, and it's cool!

$1.9 billion is liquidated

Money is on fire! πŸ”₯πŸ”₯πŸ”₯

Today, Bitcoin has dropped below $16,500, and $1.9 billion worth of positions have been recently liquidated; most of those were long positions.

– Binance β€” $882 M

– Huobi β€” $463 M

– Okex β€” $248 M

– Bitmex β€” $146 M

– Bybit β€” $144 M

– FTX β€” $42 M

So what?

Oh, come on, BTC will take what it deserves - there is no need to watch the price and wait solely for growth, Mr. Speculator, it's much better to learn earning with crypto at the moment with all the market movements unfolding.

Not financial advice, as always…

Long Story Short

β€” OKEx has restored the withdrawal before the deadline.

Meme of the day

And one more thing...Buy Bitcoin! πŸ˜‰

Share

Join 25,000+ crypto founders, speculators and researchers.

Another Stuff