Evening News Update #Web3
📉 MicroStrategy buys 5,262 $BTC for $561M, marking the smallest purchase in weeks, raising market concerns.
🐶 Floki plans to launch a FLOKI-based ETP in Europe by Q1 2025, pending DAO approval.
⚡ If BTC breaks $100K, short liquidations across major CEXs could reach $254M; long liquidations at $296M below $97K.
🐳 Whale withdraws 18.49M $PENGU from Binance, holding $19.06M in $PENGU with $4.39M in unrealized profit.
🇺🇸 Trump’s influence fuels U.S. crypto dominance, boosting ETF trading to $500B with $36B net inflow since January.