Bitget Daily Briefing (November 17) | In the past 4 hours, the total liquidation across the network reached 127 million USD; Tokens such as ZRO and ZK will see large unlocks this week; Michael Saylor releases Bitcoin Tracker information again

Today's Outlook

ZRO, YZY, ZK and other tokens will see significant unlocks this week, including:

1. LayerZero (ZRO) will unlock approximately 25.71 million tokens at 7 PM on November 20, accounting for 7.29% of the current circulation, valued at about $38.3 million;
2. YZY (YZY) will unlock approximately 37.5 million tokens at 1 PM on November 19, accounting for 12.50% of the current circulation, valued at about $14.1 million;
3. ZKsync (ZK) will unlock approximately 173 million tokens at 4 PM on November 17, accounting for 3.37% of the current circulation, valued at about $9 million;
4. KAITO (KAITO) will unlock approximately 8.35 million tokens at 8 PM on November 20, accounting for 2.97% of the current circulation, valued at about $6.4 million;
5. ApeCoin (APE) will unlock approximately 15.6 million tokens at 8:30 PM on November 17, accounting for 1.66% of the current circulation, valued at about $5.5 million.

Macro & Hotspots

1. The Nikkei 225 index fell below 50,000 points, down 0.78% for the day;
2. Raoul Pal, co-founder and CEO of RealVision, indicated that the Federal Reserve may be forced to take measures this week to prevent a funding crisis at the end of the month and year.
3. Greeks.live predicts that this week may be a rebound week, but panic still exists, with the market focusing on Bitcoin's key support level of $90,000;
4. Tom Lee: The market may need 6-8 weeks to resolve the "gap" issue in market makers' balance sheets;
5. Qian Zhimin, the main suspect in a case involving 60,000 Bitcoins, predicted seven years ago that BTC would rise to $40,000-$55,000 in 2021;
6. Besant: US-China rare earth trading may be reached before Thanksgiving.

Market Trends

1. BTC briefly fell to $92,976, with extreme market panic, and over the past 4 hours, the total liquidation reached $127 million, mainly in long positions;
2. US stocks were mixed, with the Nasdaq up 0.13%, the S&P 500 down 0.05%, and the Dow Jones up 0.65%, as the market focused on AI sector valuations and upcoming economic data;
   
3. Bitget's liquidation map shows that BTC prices fluctuate around the key $95,194 range, with $94,000-$96,000 being the largest liquidation concentration area.
   
4. In the past 24 hours, BTC spot inflow was $396 million, outflow was $410 million, with a net inflow of $1.4 million;
   
5. In the past 24 hours, net outflows in contracts for BTC, ETH, USDT, XRP, BNB, and other currencies led, indicating potential trading opportunities;
   

News Updates

1. Only 4 DeFi protocols remain with a TVL exceeding $10 billion;
2. Media: Qian Zhimin, the suspect in the case involving 61,000 Bitcoins, still holds XRP;
3. Today's Fear and Greed Index rose to 14, still indicating extreme fear;
4. Trump's total asset value is at least $1.6 billion, including cryptocurrencies, golf properties, brand licensing, etc.;

Project Progress

1. Messari released the Filecoin Q3 report: utilization rate rose to 36%, capacity shrank to 3.0 EiB;
2. Michael Saylor released Bitcoin Tracker information again, which may disclose additional holding data;
3. An Ethereum ICO wallet that had been dormant for over 10 years transferred out 200 ETH, valued at $625,000;
4. Circle issued 750 million USDC on the Solana network in the past 24 hours;
5. An Ethereum pre-mined address dormant for over 10.3 years was activated, involving 1,000 ETH;
6. Cardone Capital purchased 888 BTC for its "Bitcoin Real Estate Hybrid Project";
7. Bitcoin briefly fell below $93,000 for the first time since May;
8. Ethereum's net supply increased by 18,262 over the past 7 days, with a supply increase of approximately 18,904 ETH, and 642 ETH destroyed through the burn mechanism;
9. Media: Bitcoin has just experienced the fourth "death cross" of this cycle. The previous three death crosses provided excellent buying opportunities.
10. Arkham: Around 11:40 PM yesterday, Coinbase Prime saw an outflow of 67,600 SOL, valued at approximately $9.43 million.
    **Disclaimer: This report is generated by AI, with human verification for information only, and does not constitute any investment advice.