Bitcoin climbed back above $89,000 on Dec. 30, gaining 1.66% over 24 hours, HTX data show. The move marks a recovery in BTC spot price on the HTX trading platform.

The crypto address 0x721 has turned about $50,000 into $272,000 since January, completing 82 trades with over 80% monthly and overall win rates and a 100% weekly win rate as of December 30, according to Coinbob data cited by BlockBeats. The address currently holds a 20x leveraged Bitcoin short at $89,300, showing 44% unrealized gains, and has placed roughly 100 buy orders to manage a $80,000–$87,000 range, planning to flip long near $86,383. Trader Paul Wei is using a similar strategy, earning about $3,100 since mid-November.

Japanese firm Metaplanet has acquired an additional 4,279 bitcoin (BTC), valued at approximately $375 million, bringing its total holdings to 35,102 BTC worth about $3 billion, according to WatcherGuru. The outlet reported that Metaplanet has pursued a strategy similar to MicroStrategy’s, accumulating bitcoin as a primary treasury reserve asset since early 2025.

Long-term Bitcoin holders ceased net selling for the first time since July 2025, according to crypto investor James Pillows as reported by Cointelegraph. On-chain data indicates this pause reduces immediate supply-side pressure on BTC amid year-end positioning. Holders had been distributing earlier in response to price rallies.

Spot Bitcoin ETFs recorded $19.3M in net outflows on December 30, with IBIT seeing $7.9M in withdrawals, Farside Investors data show. Spot Ethereum ETFs posted $9.6M in net outflows the same day, with ETHA registering $13.3M in withdrawals.

Bitcoin may face a multi-month downturn and an early 2026 "crypto winter," Cantor Fitzgerald said in a Dec. 29 report. Analyst Brett Knoblauch said BTC is about 85 days off its cycle high and may test Strategy's average cost near $75,000. The firm added that institutional leadership and passage of the U.S. Digital Asset Market Clarity Act could reduce policy uncertainty.

Bitcoin briefly moved back above $88,000 on December 29, with its 24-hour decline narrowing to 0.14%, HTX data show. The intraday rebound marked a recovery from earlier losses.

Bitcoin faces major liquidation risk near key price levels, according to Coinglass data cited by BlockBeats. A drop below $86,000 could trigger about $565 million in long liquidations, while a move above $89,000 may force roughly $918 million in short liquidations on centralized exchanges. BlockBeats noted these figures reflect relative liquidation intensity rather than exact contract values, signaling elevated volatility around these thresholds.