According to Odaily Planet Daily, Vida, founder of Equation News, stated that he increased his BTC holdings today as a long-term allocation and added a small amount of Meme coin for short-term speculation. The total investment represents approximately 0.7% of his personal net worth, a small, experimental position. Vida pointed out that current market sentiment leans towards excessive panic, and his main reasons for being bullish on the crypto market in the coming months include: the overall correction in US stocks is manageable; BTC is near a key 1-week supertrend support level; and some altcoins typically have a higher probability of rebounding during periods of extreme market downturn. He added that ideal buying opportunities usually occur when large institutions face liquidation, but currently, the probability of such a scenario occurring within a year is low.

According to Odaily Planet Daily, Bitwise CEO Hunter Horsley wrote that with the recent surge in Zcash's price, the view that "only look at Bitcoin, everything else is a scam" is facing challenges, and related groups may find it difficult to provide a unified response. Horsley stated that the market is gradually reassessing the long-term value of privacy assets and the broader crypto ecosystem.

According to Lookonchain monitoring, a whale (a large investor) spent $30,100 to purchase 3.22 million GHOST tokens. This whale currently holds 944 ZEC (worth $650,000) and has accumulated profits of over $334,000 through buying low and selling high.

According to Huoxun Finance, on November 16th, OKX market data shows that BTC has just broken through $96,000 and is currently trading at $96,022.60 per coin, down 0.25% on the day.

According to Lookonchain monitoring, the whale address DYzF92 just sold 33,366 SOL tokens, for approximately $4.71 million. This address established a position of 32,083 SOL tokens seven months ago, accumulating staking profits of 1,283 SOL tokens during that period, but still incurring an overall loss of approximately $230,000.