Grayscale: Bitcoin's four-year cycle theory may not hold true, expected to hit a new high next year

After closing a ETH short position and earning $910000, the trader's address pension usdt. eth switched to long and opened a 2x leveraged long position, buying 20000 ETH with a total value of approximately $56 million. （Lookonchain）

[Suspected Ethena-related address withdraws another 25 million ENA, totaling 405 million tokens withdrawn] According to monitoring by Lookonchain, a suspected address associated with Ethena Labs withdrew another 25 million ENA from Bybit about 3 hours ago, valued at approximately $6 million. Since November 7, the address has cumulatively withdrawn 405.15 million ENA from Bybit and Coinbase Prime, estimated at approximately $96.8 million based on current prices.

[Two Wallets Accumulate 4.08 Million EDEL in 7 Hours] Monitoring data shows that in the past 7 hours, two wallet addresses collectively purchased 4.08 million EDEL (approximately $133,000). Among them, wallet address 0x6530 withdrew 62,460 USDC from Kraken 6 hours ago to purchase 2 million EDEL; wallet address 0x3c05 withdrew 20.77 ETH (approximately $58,000) from Binance 7 hours ago to purchase 2.08 million EDEL.

[Kevin Hassett Reportedly Close to Becoming the Next Federal Reserve Chair] According to The Wall Street Journal, sources reveal that the selection process for the Federal Reserve Chair is still ongoing, but Trump is close to finalizing his longtime advisor, current National Economic Council Director Kevin Hassett, as a candidate. Hassett holds a clear advantage on the final shortlist of five candidates due to his strong loyalty to Trump and market recognition.

The Norwegian sovereign wealth fund currently holds over $1 billion in Bitcoin assets through MicroStrategy. （The Bitcoin Historian）