Citing MarsBit, 4E reported a rare BTC long-short whale battle during Thanksgiving. A whale opened a 3x BTC short at $89,765.6 with a $91 million exposure, currently floating a $1.16 million loss, while a new wallet opened a 20x long at $90,278.7 with a $51.4 million exposure, floating a $524,000 profit. On-chain activity remained active, with Bitmine purchasing 14,618 ETH from BitGo for $44.34 million. Top 100 listed treasuries increased BTC holdings, with 9 adding and only 1 reducing in the past 7 days. Solana ETFs ended 22 days of net inflows, with $8.2 million net outflow, including a notable outflow from 21Shares, while Bitwise remained a net inflow of $13.3 million.
BTC Whale Battle and Solana ETF Net Outflow Observed on Thanksgiving
MarsBitShare
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