Institutional Integration and Market Signals

According to CryptoBoost founder, the current Bitcoin bear market, which began on October 6, 2025, has lasted 396 days, slightly longer than the historical average. The approximately 53% pullback is milder than in previous cycles, suggesting a more resilient market structure.

Glassnode reported on November 4, 2026, that the percentage of tracked tokens where short-term holders sold at a profit decreased to approximately 12% by the end of October, down from around 80% at the end of September. This suggests increased selling pressure at a loss, which can sometimes precede a market bottom.

Wallets linked to Trump Media & Technology Group (DJT) moved 4,259 BTC to Crypto.com, weeks before convertible noteholders gain the right to demand cash repayment of up to $1 billion. While not confirmed as a sale, the timing suggests preparation for this substantial debt obligation.

Glassnode reported that despite a recent pullback in Bitcoin (BTC) price, market trading volumes remain higher than the lows recorded in August 2026. This indicates sustained investor interest in the crypto market after months of sluggishness.

Binance and Polymarket have proposed a hard fork of Polygon to recover approximately 70.49 million stolen POL tokens, valued at about $6.8 million. The hard fork would move the tokens from attacker-controlled addresses to verified recovery wallets without altering the total POL supply.

South Korean exchange Upbit has announced the listing of CARDS trading pairs against KRW, BTC, and USDT. Trading is set to begin on November 5, 2026, which could increase liquidity and accessibility for the CARDS token.

An official from South Korea's Unification Ministry stated on November 5, 2026, that the government has not yet begun discussing sanctions over North Korea's alleged theft of more than $6 billion in cryptocurrency from Binance. The government has not fully grasped the specifics of the hacking incident.