PANews reported on November 26th that, according to Ember Monitoring, a whale that previously sold 30,000 ETH at an average price of $4,202 in September and October, making a profit of $35.37 million, recently repurchased 18,000 ETH at an average price of $3,536, for a total value of approximately $63.65 million. Specifically, 12,000 ETH were withdrawn from Binance on October 22nd at a price of $3,854; and another 6,000 ETH were withdrawn half an hour ago today at a price of $2,900. Currently, this address holds a total of 74,000 ETH, with a market value of approximately $215 million and an average holding price of $3,148.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

