MicroStrategy Purchases 16,130 Bitcoin for $593.3 Million, Bringing Total Holdings to $6 Billion
MicroStrategy, a business intelligence firm, has purchased 16,130 Bitcoin in November for approximately $593.3 million, at a price of $36,785 per Bitcoin. This brings the company's total Bitcoin holdings to 174,530, worth roughly $6.6 billion at the time of publication. MicroStrategy has consistently been purchasing large volumes of Bitcoin since adopting it as its treasury reserve asset in August 2020 and reported a gain of $900 million for its Bitcoin holdings in Q3 of 2023.
A certain whale has held a total of 10,796 BTC since November 28, with an unrealized profit of US$11.2 million.
According to The Data Nerd, since November 28th, the whale address starting with 157hv has accumulated a total of 10,796 BTC ($401 million) at an average price of $37,208. This whale is the 71st largest holder of Bitcoin and currently has an unrealized profit of $11.2 million.
A new address has accumulated 10,796 BTC since November 28
As monitored by The Data Nerd, a new whale address starting with "157hv" has accumulated a total of 10,796 BTC (approximately $401 million) at an average price of $37,208 since November 28th. Currently, they are the 71st largest holder of BTC with unrealized profits of $11.2 million.
29,000 BTC and 230,000 ETH options are about to expire
According to [email protected] monitoring, 29,000 BTC options are about to expire with a Put Call Ratio of 0.58, a maximum pain point of $37,000, and a nominal value of $1.13 billion.23,000 ETH options are about to expire with a Put Call Ratio of 0.49, a maximum pain point of $2,100, and a nominal value of $470 million.<br>Cryptocurrency volatility has significantly decreased this week. After last week's monthly settlement, BTC has hit $38,000 three times in a row but ultimately failed to hold.
Bitcoin non-custodial P2P order book service provider Saturn completes over US$500,000 in Pre-Seed round of financing
Saturn, a non-custodial P2P order book service provider for Bitcoin, announced the completion of over $500,000 in Pre-Seed funding, with Big Brain Holdings leading the investment and participation from UTXO Management, Kelsier Ventures, BOOGLE Syndicate, and a group of Web3 angel investors. Saturn mainly provides small-scale Bitcoin P2P order book trading services based on "satoshis" as units. Its wallet tools can protect and manage users' small-scale Bitcoin funds, and the new funds will be used to develop new infrastructure to provide users with an on-chain token experience similar to Ethereum and Solana.
More than $1.12 billion in BTC and $469 million in ETH options contracts set to expire on Friday
On November 30th, Deribit data shows that BTC options with a nominal value of over $1.12 billion and ETH options with a nominal value of over $469 million will expire and be delivered on Friday, December 1st. The maximum pain point price for BTC is $37,000 and for ETH it is $2,100.
Yesterday, the Bitcoin transaction fee on the entire network was only 63.6 BTC, which was about 80% lower than the high in mid-November.
According to BTC.com data, on November 30th, BlockBeats reported that the total network transaction fee for Bitcoin was only 63.6 BTC yesterday, a decrease of 79.9% compared to the total network transaction fee of 317.4 BTC on November 16th.
Research report: About 74% of Bitcoin addresses hold less than 0.01 BTC
On November 30th, according to the report "Uncovering Bitcoin Ownership Patterns" released by Grayscale Research, as of November 6th, 2023, about 74% of Bitcoin addresses hold less than 0.01 BTC, which is approximately equivalent to $350. Only a small portion (2.3%) of Bitcoin holders own more than one Bitcoin.
The Bitcoin address that has been dormant for nearly 4 years transferred more than 3,600 BTC, with a floating profit of approximately US$100 million.
According to on-chain browser data from BlockBeats on November 30, a Bitcoin whale address that had been dormant for nearly 4 years transferred all 3623 BTC at 09:01:48 today, with a current market value of approximately $100 million in profit.
Bitcoin ABC: ABC version 0.28.4 has been launched
Bitcoin ABC announced on X platform that Bitcoin ABC 0.28.4 has been released. This version reduces the duration of the avalanche bootstrapping needed for subsequent restarts and fixes the seeder.
