[Citigroup Maintains 12-Month Bitcoin Target Price at $181,000 Unchanged] Citigroup analyst Alex Saunders stated that $80,000 is a key level for Bitcoin ETF holders and believes that regulatory breakthroughs next year may restore demand. Citigroup maintains its 12-month target price for Bitcoin at $181,000. Alex Saunders pointed out that long-term holders remain cautious, while newcomers lack reasons to engage when Bitcoin is below critical technical levels.

Crypto is stuck in a second-year post-halving slump, with ETF outflows and jittery long-term holders pushing bitcoin toward the bank’s bear-case outlook.

[BitMine Ethereum Holdings Unrealized Loss of $4.25 Billion] On November 24, Lookonchain stated on social media that Tom Lee's BitMine purchased 69,822 ETH last week (approximately $197.25 million) and currently holds 3,629,701 ETH (approximately $10.25 billion). The average purchase price is around $3,997, and BitMine's current unrealized loss amounts to $4.25 billion.

[Strategy Has Not Yet Disclosed Last Week's Bitcoin Accumulation Data] Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), shared a chart captioned 'Probably Nothing,' showing that the trading volume of Bitcoin-backed credit markets has been steadily increasing since mid-September. As of the week of November 17 to 21, the total volume reached nearly $20 million, a 50.8% increase compared to the previous week. Among these, STRC (Strike) contributed over $10.51 million, followed by STRD, STRF, and STRK. As of now, the Strategy official website has not disclosed last week's Bitcoin accumulation data, suggesting that BTC may not have been accumulated last week.

[Binance to Delist PONKE, SWELL, and QUICK Perpetual Contracts in November 2025] Binance has announced that on November 28, 2025, at 09:00 (UTC), it will close positions, perform automatic settlement, and delist the USDⓈ-M PONKEUSDT, SWELLUSDT, and QUICKUSDT perpetual contracts. Starting from 08:30 (UTC) on November 28, 2025, users will no longer be able to open new positions. Binance recommends users close their positions manually before the contracts are delisted to avoid automatic settlement.