ChainCatcher news, according to IntoTheBlock data, the net outflow of stablecoins from exchanges in November reached the highest level since April. Analysis indicates that, combined with the recent strong price performance in the crypto market, this phenomenon suggests that traders are locking in profits. These outflowing funds are expected to be redeployed into the altcoin market or held as reserve funds waiting to enter during future market corrections.

ChainCatcher news, according to monitoring by IntoTheBlock, Ethereum "whales" are waking up, with the daily number of large transactions exceeding 10,000, the highest level since August.

ChainCatcher news, Matrixport released its daily chart, indicating that the Bitcoin funding rate has soared to 37%, reaching its highest level since March 2024, reflecting a general bullish sentiment in the market. The futures open interest has also significantly increased from $16 billion in September to $28 billion.Given that Trump's inauguration will take place on January 20, 2025, the market has ample time to maintain this bullish momentum. Matrixport predicted a year-end target of $100,000 in its October report "Matrix on Target," and this milestone may be achieved ahead of schedule.

ChainCatcher news, according to DefiLlama data, the total market capitalization of stablecoins increased by 3.04% over the past week, currently reported at $178.115 billion, reaching its highest level since May 2022.Among them, the total market capitalization of USDT increased by 2.24%, currently reported at $123.216 billion, with a market share of 69.18%.The total market capitalization of USDC increased by 7.06%, currently reported at $37.066 billion.

ChainCatcher news, Bitcoin miners Marathon Digital and Riot Platforms announced that their monthly Bitcoin production has reached its highest level since the Bitcoin halving in April, marking a strong rebound since the miner rewards halved.Marathon produced 717 Bitcoins, worth $48.8 million. Marathon CEO Fred Thiel explained that the company attributes part of this to its powered hash rate rising over 14%, exceeding 40 exahashes per second. Riot mined 505 Bitcoins in October, worth $34.4 million, a month-over-month increase of 22.6%.

ChainCatcher news, according to IntoTheBlock, the NVT ratio of Cardano has risen to its highest level since June, indicating that on-chain activity has decreased relative to price growth.Historically, the NVT ratio tends to rise before a price pullback. Without more on-chain participation, Cardano's price may struggle to maintain momentum.

ChainCatcher news, Bitwise's Head of Research for Europe, André Dragosch, posted on the social platform X that Glassnode data shows the total number of Bitcoin whale addresses has reached its highest level since January 2021, with 1,678 addresses currently automatically labeled as whales (i.e., holding more than 1,000 BTC).

ChainCatcher news, according to Coinshares' latest weekly report, driven by optimism over the Republican Party potentially winning the U.S. election, last week's inflow of digital assets reached $2.2 billion, the highest level since July.In the U.S., inflows reached $2.3 billion, while other regions experienced slight outflows, possibly due to profit-taking.Bitcoin led the way with inflows of $2.13 billion, while Ethereum and several altcoins saw smaller increases; multi-asset products broke a streak of 17 consecutive weeks of inflows, with outflows of $5.3 million.Ethereum also saw inflows of $58 million, while some altcoins experienced inflows as well, such as Solana ($2.4 million), Litecoin ($1.7 million), and XRP ($700,000).

ChainCatcher news, in the context of a sluggish altcoin market, as cryptocurrency prices continue to rise, Bitcoin's market share has reached its highest level since April 2021. TradingView data shows that early this morning, Bitcoin's dominance hit a three-and-a-half-year high of 58.77%, while the price of Bitcoin also set a new ten-week high of $67,800.

ChainCatcher news, according to Matrixport's latest report, the funding rate for Ethereum perpetual futures has surged to an annualized 18%+, reaching its highest level since May 2024.This indicates a shift in market sentiment, with traders heavily going long on ETH ahead of the U.S. presidential election. After the price fell from $3,800 to $2,500, traders are now buying ETH at more attractive prices.Additionally, BlackRock CEO Larry Fink hinted that the role of Ethereum's blockchain could significantly increase, reflecting a shift in market focus. BlackRock is currently not only focused on Bitcoin but also views Ethereum as an important alternative digital asset.

According to ChainCatcher news, as disclosed by IntoTheBlock, Dogecoin (DOGE) whales accumulated a total of 2.07 billion DOGE tokens (approximately $231 million) last week, marking the highest level since January of this year.This situation may indicate that investor interest in DOGE is rising, and such large-scale accumulation is often seen as a signal for a price increase.

ChainCatcher news, according to IntoTheBlock, ETH weekly transaction fees reached 45 million dollars, the highest level since June 10, 2024.

ChainCatcher news, CryptoQuant research director Julio Moreno posted on social media that the increased demand in the U.S. market has driven Bitcoin up to $65,000 today, with the Bitcoin premium on the Coinbase platform reaching its highest level in two weeks.

ChainCatcher news, according to IntoTheBlock data, the total fees on the Ethereum network reached 45.2 million USD this week, a week-on-week increase of 188.51%, marking the highest level since early June.

ChainCatcher news, according to IntoTheBlock data, the total fees on the Ethereum network reached 45.2 million dollars this week, a week-on-week increase of 188.51%, marking the highest level since early June.

ChainCatcher news, the crypto market analysis firm Santiment disclosed data on the X platform showing that Ethereum's network growth has reached its highest level in 4 months. The number of new wallets created reached 126,210, and the price is expected to rebound from $2,200 to $2,300.

ChainCatcher message, the total liquidation amount in the Ethereum lending market in August reached $436 million, with Aave accounting for $289 million, or about 66% of the total liquidation. This is the second highest monthly on-chain lending market liquidation amount in Ethereum's history, only lower than May 2021, when the liquidation amount was approximately $671 million.The reasons for these exceptionally high on-chain loan liquidations are obvious: the price of ETH fell by 22% month-on-month in August, and even dropped by 35% at the monthly low.

ChainCatcher message, CryptoQuant research director Julio Moreno stated on the X platform that due to the Federal Reserve hinting at the start of a rate-cutting cycle, Bitcoin demand in the U.S. surged significantly today. The price premium on Coinbase is at its highest level since July.

ChainCatcher news, Abra's head of over-the-counter options trading Bohan Jiang stated that the recent macroeconomic downturn has caught the derivatives market off guard, with the Chicago Board Options Exchange's Volatility Index (VIX) soaring. In the past 24 hours, the VIX has surged above 65 points, marking the highest level since the market panic at the onset of the COVID-19 pandemic.Bohan Jiang said, "I expect that the implied volatility in the cryptocurrency market will remain high until macro factors stabilize. Most options market participants were not prepared for the recent macroeconomic recession. As the macro narrative shifts, the cryptocurrency market still tends to trend upward; there is almost no hedging against downside risks."

ChainCatcher news, according to COINOTAG NEWS, BlackRock's spot Bitcoin ETF IBIT has seen its trading volume rise to $2.2 billion, reaching the highest level in 4 months.