Bitcoin Accumulation Amid Market Weakness? Sharp Rise in 1K BTC Holders Suggests So

[The Federal Reserve's Overnight Reverse Repo Usage Reaches $3.172 Billion on Monday] On November 17 (Monday), the Federal Reserve's overnight reverse repo usage amounted to $3.172 billion, an increase from the previous trading day's $1.559 billion.

Short term holders panicked and sold 148000 bitcoins, resulting in losses. Currently, there are still 93000 bitcoins active in the market, and some analysts believe that if this level is breached, the price may fall below $90000. （Cointelegraph）

OKX-BTC/USDT is currently trading at $92850.30, a decrease of 0.31% in 5 minutes. Please pay attention to market fluctuations.

Monitoring shows that a giant whale deposited $4.36 million into HyperLiquid and opened a short position in MON with triple leverage, while placing orders to further increase the position. Previously, the giant whale made a profit of 3.4 million US dollars through multiple transactions. （Onchain Lens）

[UK Considers Retaliatory Measures Against EU Steel Tariffs] The UK is considering taking retaliatory measures against the EU's implementation of steel tariffs.