● Coinglass data: Binance Bitcoin wallet balance has not fluctuated significantly and is still the CEX with the largest balance
According to Golden Finance, according to the latest data from Coinglass, the Bitcoin wallet balance of Binance Exchange has not fluctuated significantly. In the past 24 hours, the Bitcoin wallet balance of Binance Exchange has only decreased by 1117.04 BTC. The current wallet balance is 515,434.78 BTC, and it is still the cryptocurrency exchange with the largest Bitcoin wallet balance.
● CryptoQuant CEO: Non-US users have unwavering trust in Binance and continue to store assets
Ki Young Ju, CEO and co-founder of CryptoQuant, said on Twitter that despite the legal challenges facing Binance, the world's largest cryptocurrency exchange, non-U.S. users appear to be showing unwavering trust in the platform and continue to store assets on it.
● Nansen: Binance and the crypto community showed resilience in the settlement with the US Department of Justice
Blockchain analytics firm Nansen has revealed the crypto community’s reaction, indicating that despite Binance’s legal troubles, there has been no massive outflow of funds from the exchange.
Nansen’s data shows that in the 24 hours after the Department of Justice announced its settlement with Binance, the exchange saw a net outflow of $956 million in Ethereum. However, contrary to expectations, this did not lead to a significant drop in Binance’s total open interest. In fact, Binance’s total open interest increased, climbing from $64.6 billion to $65.2 billion.
● Glassnode: Approval of spot Bitcoin ETF may bring in $70.5 billion in capital inflows
According to PANews, researchers at blockchain data company Glassnode pointed out in a report that the influx of massive demand will challenge the relatively limited supply of liquid Bitcoin, which may amplify volatility.
The study pointed out that there is a large amount of suppressed demand for spot Bitcoin ETF products, estimating that as much as $70.5 billion would flow into the market if stock, bond and gold investors only allocated a small portion of their assets; even more conservative forecasts would see tens of billions of dollars enter the market in the first few years.
● opBNB’s daily trading volume hit a new high, with a total of 3.37 million transactions per day
According to the data shared by BNB Chain on the X platform, yesterday (23), opBNB’s daily transaction volume set a new record, with the peak transaction speed reaching 40 transactions per second (TPS) and the total daily transaction volume reaching 3.37 million transactions.
● Yesterday, the BTC options positions of the entire network hit a record high, reaching 18.996 billion US dollars
According to Golden Finance, according to Coinglass data, on November 23, the total BTC options holdings in the entire network reached US$18.996 billion, a record high.
● CZ: Mentally stable, “enjoying” free time
CZ posted on the X platform, thanking everyone for their concern. Although he could not respond or even see everyone, he was really grateful.
CZ also said that although he often joked about wanting to retire early, he is struggling to adapt to the transition now that it has finally arrived. In the past two days, some friends have told him that there will be a "flexible mentality" stage. Although he is not sure whether this is true, he is mentally stable as always and is currently "enjoying" all the free time he suddenly has.
● Hong Kong virtual bank ZA Bank receives SFC approval to expand business
According to Foresight News, Hong Kong virtual bank ZA Bank announced that it has been approved by the Securities and Futures Commission (SFC) of Hong Kong to remove the conditions applicable to Category 1 (securities trading) regulated activities when registering its original license. This means that ZA Bank will not be limited to operating the "Collective Investment Scheme (CIS)" business, and plans to launch trading services such as US stocks, US exchange-traded funds (ETFs) and American depositary receipts (ADRs) to the public in due course after completing service testing.
