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Bitcoin briefly dropped below $89,000 this morning

BlockBeats News, November 18th, according to HTX market data, Bitcoin briefly dropped below $89,000 this morning, currently trading at $89,672, a 24-hour decrease of 1%.

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On-Chain Activity

13h ago

Smart money that pocketed $2 billion from perfectly timing the last market bottom and top started buying 3,009 bitcoins yesterday.

14h ago

A certain whale has cumulatively withdrawn 13,000 ETH, worth approximately $30 million, from Binance over 6 days.

14h ago

Wintermute shorted major cryptocurrencies on Hyperliquid, accumulating a profit of $222 million.

14h ago

Anthropic pre-market contract short position top whale rolled over and added to the position again in the early morning, now with a floating profit of $6.56 million.

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70% of altcoins on Binance have fallen below their 200-day moving average, nearing levels seen before the August rally.

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