The 'Calm Open King' BTC partial liquidation, valued at $2.39 million

Bitcoin has surged past the $90,000 mark, buoyed by rising expectations of a December Federal Reserve rate cut.

[Company Alt5 Sigma Related to Trump Family Crypto Project Fires CEO and COO] Alt5 Sigma Corp., a company associated with the Trump family crypto project, announced on Wednesday the dismissal of acting CEO Jonathan Hugh and COO Ron Pitters, stating that the decision was not related to any specific misconduct. Alt5 Sigma had acquired WLFI digital tokens for $1.5 billion in August, and its subsidiary was convicted of money laundering in Rwanda in May, with its head Andre Beauchesne ordered to serve a prison sentence by the court. The board stated that it was not aware of the Rwanda incident until late August and suspended former CEO Peter Tassiopoulos in October. Documents this week show that President Tony Isaac has replaced Hugh as acting CEO.

[U.S. October Trading Margin Debt Surges by $57.2 Billion] On November 27, data revealed that U.S. trading margin debt increased by $57.2 billion in October, reaching a historic high of $1.2 trillion and marking six consecutive months of growth. So far this year, U.S. trading margin debt has risen by a total of $285 billion, an increase of 32%. Over the past six months, this debt has soared by 39%, the largest increase since 2000, surpassing the growth seen during the 2021 Meme stock frenzy. Trading margin debt refers to the total amount investors borrow from brokers to purchase stocks or other securities during securities trading. It can amplify investment scale and potential returns while simultaneously increasing risk.

[Governor of the Bank of Korea: Another Fed rate cut will benefit the Korean won] Governor of the Bank of Korea, Rhee Chang-yong, stated that another rate cut by the Federal Reserve will have a positive impact on the Korean won.

According to AiCoin's real-time on chain monitoring, from 11:07-11:08 (UTC+8) today, the "Calm Open King" continuously placed multiple ZEC orders, with a total of 1009 ZEC and a value of $533000. As of press time, its ZEC multi position value is as high as $1.7 million, with a floating loss of $30000. Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a