Bitcoin briefly surged past $66,000

According to Bloomberg, the top scorer of South Korea’s national tax accountant qualification exam has admitted cheating during the test using generative AI and electronic devices, and has voluntarily surrendered to police. On Sunday, Han Won Seok (transliterated) appeared in a video posted on his lawyer’s YouTube channel, his face covered by a mask. He confessed to using a mini camera to capture exam questions, sending the questions to an AI system, and then accessing the answers via a smartphone. He stated that he had submitted a written statement to the Seoul Metropolitan Police Agency.

According to HTX market data, Bitcoin has rebounded to break through the $65,000 mark, currently trading at $65,275, with its 24-hour decline narrowing to 2.5%.

According to an official announcement, in response to a user whose assets were ordered by Indian police to be judicially frozen, Gate stated that as an independent third-party platform, it will not judge or commit to transferring involved funds solely based on one-sided materials. All requests undergo internal case-by-case review, and no assets have been transferred to date. Since 2025, Gate has been devoting legal resources to following up on the case, helping the user establish communication channels and secure time, rather than complying immediately after receiving the Indian police’s request. In September 2025, Gate received an asset freeze request from Indian police; its anti-money laundering and legal teams subsequently repeatedly requested additional evidence and case materials, noting that the on-chain records provided by police involve multiple wallets and fund flows. In April 2026, the police put forward a request related to asset transfer, but Gate did not directly commit to compliance and continued to ask for supplementary materials. Per communications in September that year, the case was still under judicial review at the time. Gate will continue to hold the relevant funds and will not easily transfer them during the user’s defense process, while assisting the user in resolving the issue. Gate added that on the same day it received the police’s notice to submit prosecution materials, it inquired whether it could disclose the progress to the user, and after obtaining consent, notified the relevant user to enable them to seek legal remedies. Per local law firm advice, as a third party, Gate cannot defend or raise objections on behalf of the user, but will continue to assist the user in communicating with relevant parties and provide legal support. During the user’s defense period, the platform will retain the relevant funds and update them in a timely manner as new developments arise.

According to Coinglass data, centralized exchanges (CEXs) recorded a cumulative net inflow of 12,593.71 BTC over the past seven days. The top three CEXs by inflow are as follows: Binance saw an inflow of 8,668.22 BTC, Kraken had an inflow of 4,418.39 BTC, and Bybit posted an inflow of 1,927.64 BTC.

According to data from Coingecko, as Bitcoin fell below $64,000, the total cryptocurrency market cap dropped to $2.27 trillion, with a 24-hour decline of 3.7%. Bitcoin’s market dominance stands at 56.6%, while Ethereum’s is at 9.58%.

According to on-chain analyst monitoring by Yu Jin, Bitcoin has experienced sharp recent swings. Renowned rollover trader AguilaTrades first shorted the falling market, then flipped to long positions when Bitcoin dropped to around $63,000. His account balance grew from roughly $610,000 to $5.86 million. Specific trade details: Nov 13: Shorted BTC at $71,697, closed the position at $69,081, netting a $1.3 million profit. Nov 14: Shorted BTC at $68,682, closed at $66,858, earning $1.34 million; another short position entered the same day at $67,197, closed at $65,527, for an $820,000 profit. Nov 15: Opened a long BTC position at $62,792, which remains open with an unrealized profit of $1.31 million.