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Bitcoin Drops Below $94,000

BlockBeats News, December 20, Bitcoin dropped below $94,000, currently trading at $93,980, a 24-hour decrease of 8.3%.

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On-Chain Activity

22min ago

Unitree's surge, accompanied by extreme negative funding rates, is once again "forcing" shorts to capitulate, with a whale having spent over 110% of principal on funding fees alone.

1h ago

An address bought 10,000 ETH via CowSwap, worth $21.49 million.

1h ago

A well-known short-selling whale expects BTC to hold above $70,000 by year-end and has begun partial profit-taking.

2h ago

Weekend Market Close Position Adjustment Overview: US Stock Preferences Diverge Sharply, Anthropic Hit by Tens of Millions of Dollars in Short Selling

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2026-11-09

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Bitcoin falls below $74,000, down 2.77% intraday.

Unitree's surge, accompanied by extreme negative funding rates, is once again "forcing" shorts to capitulate, with a whale having spent over 110% of principal on funding fees alone.

A dormant whale, inactive for over two years, withdrew 34,601 ETH worth $73.75 million from Binance in the past 3 hours.

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