Dec 1, 10:27 AM

Bitcoin Nears $100K Amid $5.34B Withdrawals, ETH ETFs Inflows, XRP Gains, and Trump's Win

Bitcoin is nearing the $100,000 mark as cryptocurrency markets experience significant activity. Over the past 72 hours, 55,000 BTC, worth $5.34 billion, has been withdrawn from exchanges, signaling increased accumulation by whales and institutional players such as MicroStrategy and Metaplanet. With Trump's win pumping markets, Ethereum (ETH) has seen notable movements, with a whale transferring 21,200 ETH, valued at $76.2 million, to Bitfinex, potentially signaling market shifts. Another whale has reportedly sold 8,000 ETH in the past six days, profiting approximately $10.94 million while still holding 52,000 ETH. Meanwhile, ETH ETFs have outperformed BTC ETFs, attracting $225 million in inflows over four days, and XRP has led gains with a 15% increase.