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Still Extreme Fear 👀
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Daily transaction fees on the #Ethereum network have declined sharply since early November with the 90 day moving average falling below 300 ETH per day. This is the lowest fee level recorded since July 2017, pointing to reduced on chain activity, weaker demand and slower overall network usage compared to past cycles.
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Still Extreme Fear 👀
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In the last 24 hours, the crypto market saw 96,990 traders liquidated, with total losses reaching $291.45 million. The biggest single liquidation hit on Aster, where an #ETHUSDT position worth $11.22 million was completely wiped out in one move.
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As volatility continues to heat up, #BTC denominated options open interest has pushed to a fresh all time high. This milestone is based purely on #BTC values, while in #USD terms, open interest still remains below the late October top. That gap shows how sharply positioning has shifted without fully matching past dollar based exposure. The market is now actively realigning ahead of a key upcoming options expiry. This type of buildup typically reflects growing expectations of a strong price move. With volatility already elevated and traders heavily engaged, conditions are forming for a decisive move in the next phase.
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#Bitcoin will dump again very soon 👀
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Latest News
Liquidations Reach $137 Million in the Past Hour
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Bitcoin(BTC) Surpasses 93,000 USDT with a 3.57% Increase in 24 Hours
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BNB Surpasses 910 USDT with a 1.88% Increase in 24 Hours
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Cathie Wood Predicts Break in Bitcoin's Four-Year Cycle
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Silver Prices Surge as Traders Anticipate Federal Reserve Rate Cut
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