A crypto whale has withdrawn another $19.91 million worth of ETH from Binance, bringing its total ETH purchases to $60.74 million.

Whale "Set 10 Big Goals First" (@jasonleo) posted, "I’ve fully unwound leverage at this level and am just holding on for now." According to his earlier tweet, the account wrote at the end of October that it "previously closed roughly two-thirds of its long positions near $76,000 to hedge against risks similar to the Oct 11 extreme market swing. After nearly two days of observation, if BTC stabilizes in the $76,000–$78,000 range, it plans to re-add long positions and return to a full position." Separately, an abnormal large transaction on Binance’s BTC-USDT contract occurred at 13:56, with 271,000 BTC traded in a short period, totaling $19.174 billion, likely a liquidation by a contract whale.

On-chain analyst Ai Yi (@ai_9684xtpa) monitored that as ETH dropped below $2,000, an address linked to the Ethereum Foundation (0x5CB…22059) offloaded another 2,000 ETH, worth $3.868 million. Since October 26, this address has sold a total of 6,785 ETH on-chain, totaling $14.45 million; the address still holds 21,247 ETH, valued at approximately $41.1 million.

Well-known trader "Aoying" posted that Bitcoin has entered the bottom-fishing range of $68,000 to $66,000, and he has fully bought his entire core position.

The #EthereumFoundation-linked wallet (0x5CBC) just dumped another 2,000 $ETH($3.87M)! Every time #EthereumFoundation-linked wallets dump $ETH, the price drops. Oct 12: $ETH down 9%. Oct 26: $ETH down 7.7%. Nov 10: $ETH down 10.4%. Today marks the 4th sale. How much further

According to market data, an unusually large transaction on Binance's Bitcoin USDT futures contract occurred at 13:56, with 10,296 Bitcoin traded in a short time, totaling $698 million in volume, likely a liquidation by a futures whale.

Analyst Darkfost, using the power-law quantile regression model, points out that Bitcoin has broken below a key support level, with market panic spreading rapidly. This stands in stark contrast to the profit-dominated market environment seen just a few weeks ago. Currently, Bitcoin has reached an extreme level of undervaluation; over its entire historical cycle, it has only stayed in this range roughly 3.4% of the time. Darkfost believes that instead of fearing the current market situation, investors should learn to capitalize on these extreme moments. In the long run, the strategy of buying the dip during such extreme undervaluation periods has consistently proven effective. When panic pushes valuations to their limits, it often creates strong long-term positioning opportunities.