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South Korea saw record trade volume of over $34 billion across local spot cryptocurrency exchanges in the past 24 hours, during which the country’s president declared emergency martial law, which lasted six hours. According to data from CoinMarketCap, South Korean exchanges Upbit, Bithumb, Coinone, Korbit and Gopax recorded a combined crypto trading volume of $34.2 billion in the 24 hours leading up to 10:30 a.m. in local time on Wednesday. Upbit, South Korea’s largest exchange, processed $27.25 billion worth of crypto alone. The 24-hour trading volume nearly doubled the $18 billion recorded on Dec. 2, which had already made headlines for surpassing the daily volume of the local stock market. According to local crypto news outlet Digital Asset, Tuesday’s trade volume recorded the highest single-day total this year.$BTC $BTC #Share1BNBDaily #Share1BNBDaily #BNBHitsATH

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Story Highlights Bitcoin struggles to break the $98.7k resistance, with declining whale activity and a potential midterm correction looming, according to analysts. On-chain data shows long-term Bitcoin holders reducing balances, while institutional FOMO continues to drive a decrease in Bitcoin supply on centralized exchanges. Bitcoin’s (BTC) price has failed to rally beyond the crucial threshold of around $98.7k in the past three weeks, signaling potential midterm correction. The $100k crusade could have to wait a while longer before the bullish momentum gains traction. #Share1BNBDaily #MicrosoftBTCInvestmentVote $ETH Furthermore, the volume of Bitcoin’s daily active address and whale activities has significantly declined in the past week. Ordinarily, a rebound in the two factors is needed to guarantee a bullish continuation for Bitcoin in the near term.

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A Chainlink whale has caught the attention of crypto market enthusiasts, heavily accumulating the crypto amid its recent price rally. On-chain data on Tuesday pointed out that a whale bagged nearly $6 million worth of the token, sparking optimism on the asset’s future movements. Meanwhile, LINK price also soared nearly 30% intraday, further cementing market optimism in the light of the massive whale accumulation. Chainlink Whale Bags $6M Worth Tokens Igniting Market Bullishness According to data from Debank.com dated December 3, the whale address 0x73d3 has caught the eyes of the investors with his recent bet on LINK token. Notably, this Chainlink whale bought 269,861 LINK, worth $6.68 million, amid the coin’s latest upside movement.#Share1BNBDaily $BTC #MicrosoftBTCInvestmentVote

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Whale activity has emerged as another factor in SHIB’s recent price movement. Data from IntoTheBlock reveals that large holder netflow increased by 256% on November 21. These substantial investors, often referred to as whales, accumulated 393.48 billion SHIB tokens, valued at over $9.8 million. The accumulation by whales marks a sharp contrast to the previous day’s activity, which saw selling pressure of approximately $6 million. This shift in large holder behavior suggests changing market sentiment among institutional and wealthy individual investors.$ETH $BTC #MicrosoftBTCInvestmentVote

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Crypto miners made $100K at an Airbnb, running a $1.5K bill for host Ashley Class, an Airbnb host, discovered that her guests had set up a cryptocurrency mining operation at her North Carolina property, leaving her with a $1,500 electricity bill, having made $100,000 from mining there. The guests used at least ten computers for mining. After providing footage from her outdoor cameras showing the guests bringing in computers and setting up an electric vehicle charging station, Airbnb held the guests accountable, and they paid the bill. To prevent such incidents, Ashley added new house rules for no crypto mining and no electric vehicle charging.$BTC

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