Francis Suarez hat 2021 als erster ranghoher Politiker in den USA angefangen, sein Gehalt in Bitcoin zu beziehen, wodurch er inzwischen ein Plus von knapp 300 % erzielt hat.
Bitcoin’s new problem: it’s not leverage, it’s long-term holders cashing out
- Long-term holders have sold approximately 400,000 Bitcoin ($45B) in the past month.
- This sell-off is driven by spot markets and fading conviction, not high leverage.
- Bitcoin fell below the key $100,000 level for the first time since June.
Bitcoin has once again slipped below the critical $100,000 mark, but the force driving this latest downturn is different and potentially more concerning for the market.
Unlike the leverage-fueled crash in October, this sell-off is being driven by a quieter, more sustained exodus: long-term holders are cashing out, creating a $45 billion supply glut that is testing the market’s conviction.
The original cryptocurrency fell as much as 7.4% on Tuesday, marking a more than 20% decline from its record high a month ago.
While it has since staged a modest recovery, the nature of the selling pressure suggests a fundamental shift in market dynamics.
From forced liquidations to fading conviction
The key difference in this downturn is the source of the selling.
While October’s crash was defined by a cascade of forced liquidations from overleveraged traders, the current slide is being led by a steady drumbeat of selling in the spot market.
According to Markus Thielen, head of 10x Research, long-time Bitcoin holders have offloaded approximately 400,000 Bitcoin over the past month—an exodus valued at around $45 billion.
This sustained selling from seasoned investors is creating a market imbalance that new buyers are struggling to absorb.
This analysis is supported by on-chain data.
“Over 319,000 Bitcoin has been reactivated in the past month, mainly from coins held for six to twelve months — suggesting significant profit-taking since mid-July,” Vetle Lunde, head of research at K33, told Bloomberg.
The whale problem: big buyers are disappearing
With market leverage now relatively muted, attention has turned to the large, long-time holders who are choosing to sell.
Thielen told Bloomberg that “mega whales”—entities holding between 1,000 and 10,000 Bitcoin—began offloading large volumes earlier this year.
For a time, institutional players were able to absorb this supply, leading to choppy, sideways price action.
However, since the October crash, broader demand has faded, and the accumulation by smaller whales (holding 100 to 1,000 Bitcoin) has dropped sharply.
The result is a growing imbalance between sellers and buyers. “The whales are just not buying,” Thielen said.
What comes next? A path to further declines
This sustained selling from long-term holders could have lasting implications.
Thielen warns that the current unwind could continue well into next spring, drawing parallels to the 2021–2022 bear market, where large holders sold over one million Bitcoin over the course of nearly a year.
“If this is a similar pace,” he said, “we could see this situation going on for another six months.”
While not predicting a catastrophic crash, Thielen sees room for further declines as the market consolidates.
“I am not a believer in the cycle,” Thielen said, “but I would assume that we sort of consolidate and potentially drift even a bit lower from here. $85,000 is my maximum downside target.”
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Lido adopts Chainlink CCIP to secure cross-chain wstETH transfers across 16+ blockchains
- Lido is integrating Chainlink’s interoperability standard to power wrapped Staked Ether (wstETH) transfers.
- The Chainlink cross-chain interoperability protocol (CCIP) is now the official cross-chain infrastructure for wstETH.
- wstETH will implement CCIP on supported chains in stages.
Lido, a leading liquid staking protocol on Ethereum, has announced a strategic partnership with Chainlink.
The protocol has adopted the oracle network’s Cross-Chain Interoperability Protocol (CCIP) as the official infrastructure for securing all cross-chain transfers of the Lido wrapped staked Ether (wstETH) token.
Integration comes after the Lido DAO community approved the partnership via snapshot voting.
Key details of the Lido and Chainlink partnership
According to details, the partnership leverages the Cross-Chain Token (CCT) standard to power wstETH transfers.
It means all future cross-chain operations for wstETH will route through CCIP, replacing native bridges and third-party providers. Chainlink plans to implement this integration progressively across Lido’s 16 supported chains, which include Arbitrum, Base and Linea.
As well as that, there are early deployments on emerging networks, including Plasma, Monad, Ink, and 0G.
Key benefits and strategic impact
Adopting CCIP unlocks multiple advantages for wstETH holders and DeFi builders.
CCIP builds on Chainlink’s proven decentralized oracle network that secures over $100 billion in DeFi total value locked.
For wstETH, CCT enables self-serve token deployments, complete DAO ownership of contracts, and programmable features.
For instance, future-proof expansion supports permissionless onboarding to most top blockchains, while layered defenses add to security.
Already, Lido’s previous Chainlink integrations, including Data Feeds, power stETH/wstETH adoption across protocols like Aave.
Lido’s move expands on these features.
Jakov Buratovic, Master of DeFi at Lido, commented on the integration.
“For stakers, the ability to move assets quickly across the ecosystem is essential for seizing opportunities, rebalancing liquidity, and managing their staked ETH efficiently. By adopting Chainlink CCIP as the official cross-chain standard for wstETH, we’re giving users and builders a standardized, secure way to move wstETH across chains,” Buratovic said.
This partnership positions Lido for greater competitiveness in evolving markets.
Johann Eid, chief business officer at Chainlink Labs, also holds a similar view.
“This integration is set to significantly expand access to wstETH across DeFi, with cross-chain flows secured by Chainlink’s defense-in-depth architecture.”
Lido DAO price outlook
Lido DAO (LDO), the governance token of the Lido liquid-staking protocol, has gained about 5% in the past 24 hours.
The LDO token gives holders the chance to vote on key protocol decisions such as validator onboarding and protocol upgrades.
The token traded around $0.76, up on the day but still well in the red over the past week and month. However, the token has bounced more than 133% from the all-time lows of $0.3278 reached on October 11, 2025.
If bulls show resilience amid DeFi resurgence, they could retest the $1 mark.
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Ripple announces $500M raise at $40 billion valuation
- Ripple has raised $500 million in new funding round, at a $40 billion valuation.
- Strategic investment signals strong confidence in XRP and Ripple USD stablecoin.
- Momentum has seen Ripple close mega deals in 2025.
Ripple, the enterprise blockchain leader in cross-border payments, has secured a landmark $500 million strategic investment, with its valuation at $40 billion.
Led by global investment giants Fortress Investment Group and Citadel Securities, the raise signals investor confidence in Ripple and its expanding role in global finance.
Ripple raises $500 million funding round
On Wednesday, November 5, 2025, as the crypto market grappled with sell-off pressure, Ripple delivered one of the biggest news .
The company announced it had secured $500 million in fresh funding, with the financing round valuing it at $40 billion.
Apart from Fortress Investment Group and Citadel Securities, participation attracted Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.
Overall, this is a funding move that marks one of the largest private financings in the blockchain sector this year.
The raise comes after Ripple’s recent $1 billion tender offer at the same valuation.
Meanwhile, it’s a move that caps what the firm and its leadership have described as the crypto industry giant’s strongest year on record.
Brad Garlinghouse, the chief executive officer of Ripple, described the funding as validation of Ripple’s long-term vision.
“This investment reflects both Ripple’s incredible momentum, and further validation of the market opportunity we’re aggressively pursuing by some of the most trusted financial institutions in the world,” he noted. “We started in 2012 with one use case – payments – and have expanded that success into custody, stablecoins, prime brokerage and corporate treasury, leveraging digital assets like XRP. Today, Ripple stands as the partner for institutions looking to access crypto and blockchain.”
Ripple will tap into the new capital to support key platfom initiatives.
These will include product development, global regulatory engagement, and expansion of Ripple’s liquidity solutions.
Also on card are the company’s stablecoin initiative and custody services.
Ripple continues mega growth trajectory
The capital injection arrives amid a banner stretch for Ripple.
Payment volumes on the XRP Ledger have surged, as has adoption for the firm’s regulated stablecoin, Ripple USD (RLUSD).
Indeed, RLUSD recently surged past a $1 billion market cap.
Elsewhere, Ripple Prime, the institutional brokerage arm born from the acquisition of Hidden Road, is live.
These are only a few of the many milestones in Ripple’s transformation from a remittance-focused startup to a full-stack financial-technology provider.
In the past few months, the company has closed multiple deals, including those valued at $1 billion.
October’s purchase of GTreasury came after the earlier acquisition of Rail as Ripple looked to fortify its stablecoin footprint.
The company has also expanded its US presence with a New York trust charter earlier this year, enabling regulated custody and payment services.
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Monero (XMR) jumps to 5-month high as privacy coins lead surprise market rally
- Monero price rose 9% to reach to high of $378, the highest level since June.
- Privacy coins Zcash, Decred also jumped as Bitcoin, Ethereum struggled.
- The technical picture suggests Monero could rally to a new all-time high amid fresh momentum.
As top cryptocurrencies struggle amid widespread sell-off, Monero (XMR) is among coins seeing a decent uptick.
While Bitcoin hovers below $103,000 and most altcoins are bleeding red, XMR is up 9% in 24 hours on swelling volume.
The catalyst? A resurgent privacy coin sector that has seen Zcash explode amid gains for Dash and Decred, among others.
Monero price climbs 9% to five-month peak
The privacy coin has gained by more than 9% in the past 24 hours to hit levels not seen since early June.
Indeed, XMR traded at highs of $378 on November 5, 2025, having jumped from lows of $326.
Monero is now up 128% in the past year, lagging Zcash at 1,120% but notably outpacing Ethereum’s 36% and Bitcoin’s 49%.
The latest XMR price breakout began in Asian hours on Tuesday when XMR punched through the $337-$346 congestion zone that had capped rallies since June.
Buyers stepped in aggressively at the 50-day EMA above $302 on Oct. 21, turning what looked like a retest into a key support level.
After Monero bulls cleared $350, the rally to $378 was on. This triggered a cascade of short squeezes on perpetual futures platforms, with more than $391,000 in leveraged positions liquidated in the past 24 hours.
Meanwhile, the token’s 24-hour volume spiked 19% to $265 million.
The move has lifted XMR’s market cap to $6.72 billion, ranking it 21st on CoinMarketCap.
Can Monero extend rally to new all-time high?
Technically, the daily chart is screaming continuation. XMR has printed a textbook high at $339 and is now challenging the 0.786 Fibonacci retracement level of the May-August swing at $378.
A decisive close above that level will bring $400 into play and expose the 2021 cycle high of $517.
The daily chart also shows that momentum oscillators are largely bullish.
On the above chart, we can see the daily RSI at 64. While its near the overbought line, its not yet into the territory and could rise further before it hits 70.
Elsewhere, the MACD has the histogram positive and expanding histogram following a bullish crossover.
The signal-line crossover offers early confirmation and any potential catalyst could help XMR price through the $400 psychological barrier.
What’s the XMR price long term picture?
On a long term outlook, Monero is tracing the same pattern that preceded its 2021 parabolic leg: a multi-month base then breakout.
With privacy coins back in the limelight and Monero having survived bearish scenarios before, it looks like the current momentum allows bulls to aim for the ATH and beyond.
However, analysts say crypto could see some choppy trading in the coming months.
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