BingX Cryptocurrency Exchange｜Bitcoin Ethereum Solana Spots and Derivatives Trading

Vivaan Acharya

Chainlink reserves drop 44.98M LINK; price near $13.65 after Dec 2 ETF launch

According to CryptoQuant, exchange reserves declined by over 44.98 million LINK in the past year, yet the token traded around $13.65, down 2.25% in 24 hours. SoSoValue reported Spot LINK ETFs launched on 2 December with inflows, while TradingView showed spot volume slid over 48% to roughly $295.6 million.

SUI rallies on Bitwise BITW ETF inclusion and $17.17M exchange outflows toward $2.20

SUI has rebounded as over $17.17 million in tokens were pulled from exchanges and the asset secured a 0.24% allocation in the Bitwise 10 Crypto Index ETF, which began trading on the NYSE Aeca on 10 December 2025. With price hovering near $1.64 and key levels at $1.512 and $1.694, analysts see a potential move toward $2.20 if the daily close holds above $1.75, despite cooling 24‑hour volume and elevated leverage.

Dormant Whale Withdraws 171 BTC Worth $15.79M as Bitcoin Tests Key Resistance

A previously inactive whale address withdrew 171 BTC valued at $15.79 million from Binance after a year of dormancy, according to Onchain Lens. Bitcoin traded at $93,050 with minimal 24-hour movement as Open Interest declined 0.70% to $60.19 billion, reflecting reduced trader activity while the asset tests descending trendline resistance.

Solana ETFs Record $45.77 Million Inflow as SOL Approaches $145 Resistance

Solana rose 12.05% to $142 on December 2, 2025, driven by $45.77 million in net inflows to U.S. spot ETFs and a 10.61% increase in Open Interest to $7.40 billion. Technical analysis shows a double-bottom pattern with a potential move toward $169 if the asset sustains a close above $145. Long positions totaling $210.97 million at key liquidation levels indicate bullish positioning among derivatives traders.

XRP Long Positions Total $72.50B at $2.129 Price Level

Traders have accumulated $72.50 billion in long positions at the $2.129 price level for XRP, according to derivatives platform CoinGlass. Binance reserves have declined by 2.7 billion XRP since October 2025. U.S. XRP Spot ETFs have recorded continuous inflows with no outflows since launching on November 14.

XRP Trades Above $1.85 as Bulls Form Morning Star Pattern at Key Support

XRP traded at $2.03 with a 6.50% daily gain, forming a bullish Morning Star candlestick pattern at the $1.85 support level. Data show investors accumulated 1.80 billion XRP at $1.75, while Binance reserves dropped by 3 million tokens, suggesting accumulation behavior.

HBAR tests $0.188 support as bearish pressure intensifies

Hedera's HBAR token declined 6% to $0.1925 amid falling trading volume and mounting bearish pressure. Technical indicators show the token trading below its 200-day moving average within a descending channel, while derivative data reveals short positions concentrated at key resistance levels. A break below $0.188 could trigger a decline exceeding 24% toward $0.142.

Whale Purchases 44,000 SOL Tokens Worth $8.37 Million

A cryptocurrency whale purchased 44,000 SOL tokens valued at $8.37 million as Solana traded near $192. The same address has accumulated 844,000 SOL worth $149 million since April 2025, staking the holdings to signal a long-term position.

XRP Gains 5% as Whale Withdrawals and Futures Demand Support Rally

XRP rose more than 5% to $2.56, recording its second consecutive daily gain. Trading volume climbed 11% to $3.62 billion. The advance followed withdrawal of over 18 million tokens from Binance reserves in the past week, data from CryptoQuant show.