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The cryptocurrency market experienced a sharp decline on December 1, with bitcoin falling below $87,000 and ethereum losing the $2,900 mark. The total liquidation of contracts across the market reached $528 million. Market sentiment has turned cold, leverage is retreating, and increased uncertainty in Federal Reserve policies has intensified the sell-off. Summary generated by Mars AI. The accuracy and completeness of the content generated by the Mars AI model are still in the process of iterative improvement.



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- 16:56Data: 90,300 SOL transferred from an anonymous address, routed through intermediaries and flowed into WintermuteAccording to ChainCatcher, Arkham data shows that at 00:36, 90,300 SOL (worth approximately $11.78 million) were transferred from an anonymous address (starting with HD1cEB...) to an exchange. Subsequently, the address transferred 18,400 SOL to Wintermute.
- 16:39JPMorgan issues Galaxy short-term bonds on the Solana networkChainCatcher news, according to Bloomberg, JPMorgan arranged, created, distributed, and settled a short-term bond for Galaxy Digital Holdings LP on the Solana blockchain, as part of efforts to use cryptocurrency underlying technology to improve financial market efficiency. This $50 million US commercial paper was purchased by an exchange and asset management company Franklin Templeton, with payment made in USDC stablecoin issued by Circle Internet Group Inc., according to a statement from the relevant companies on Thursday. The redemption payment at maturity will also be made in USDC.
- 16:39Data: In the past 24 hours, total liquidations across the network reached $532 million, with long positions liquidated for $403 million and short positions for $128 million.According to ChainCatcher, citing data from Coinglass, liquidations across the entire network in the past 24 hours reached $532 million, with long positions liquidated for $403 million and short positions for $128 million. Among them, bitcoin long positions were liquidated for $139 million, and bitcoin short positions for $37.53 million. Ethereum long positions were liquidated for $129 million, and ethereum short positions for $52.25 million. In addition, over the past 24 hours, a total of 153,680 people worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at $23.185 million.