Binance's Bitcoin reserves declined from approximately 595,000 BTC to around 572,000 BTC between November 22 and December 3, data show. Analysts attribute the decline to users moving holdings into self-custody wallets and institutional investors acquiring Bitcoin through spot ETFs, which draws assets off exchanges.

XRP's funding rate jumped nearly 120% on December 3, signaling increased leveraged long positioning among traders. Exchange-traded funds linked to the token have attracted an estimated $845 million in cumulative inflows. BlackRock executives drew parallels between tokenization's current development stage and the internet in 1996, noting the sector's $23 billion valuation.

The Federal Reserve ended its quantitative tightening program on December 1, injecting $13.5 billion into the U.S. banking system through overnight repurchase agreements. Data show this represents the second-largest liquidity injection since the COVID-19 era, exceeding levels seen during the Dot Com Bubble. The move marks a shift from the balance sheet reduction that began in April 2022.

Latin America's largest crypto exchange, Bitso, will introduce a multi-platform perpetuals aggregator and its own token in 2026. The Mexico-based platform's retail user base expanded by over 12% in 2024 to reach 9 million customers, driven by surging stablecoin adoption across the region.

Bitcoin open interest has contracted sharply during a month-long price decline, posting the steepest 30-day drop of the current cycle, data show. The cryptocurrency has fallen roughly 20% over the past month to trade around $86,100, down more than 30% from its early October record above $126,000. Approximately 1.3 million BTC in open positions have been eliminated, driven largely by activity on Binance.

BlackRock has offloaded approximately 10,000 Bitcoin this week, representing roughly $900 million in value. On November 20, the asset manager sold around 4,140 BTC valued at approximately $356 million, data show. The persistent outflows have coincided with a sharp market correction, with Bitcoin dropping to nearly $80,000 on Friday before recovering to $82,220.

BlackRock moved 6,735 BTC ($616 million) and 64,706 ETH ($200 million) to Coinbase Prime on November 19, data show. The transfer followed a $513 million Bitcoin withdrawal on November 18. Analysts view the activity as standard liquidity management, though both assets face short-term pressure amid market uncertainty.

BlackRock sold approximately 5,600 Bitcoin valued at $513 million on November 18, marking the largest single-day withdrawal since its Bitcoin ETF launched. The asset manager recorded $1.42 billion in weekly outflows across five consecutive trading sessions, according to HeyApollo ETF tracker data. As of November 19, BlackRock held net Bitcoin positions valued at $71.9 billion, representing roughly 3.9% of the cryptocurrency's circulating supply.

Bitcoin dropped below $90,000 on November 18, hitting its lowest level since April 22. The cryptocurrency has fallen nearly 30% from its October peak above $126,000, erasing $266 billion in market capitalization over the past week.