The crypto market lit up on November 27 after SpaceX moved 1.1K Bitcoin, worth around $105 million, to a new wallet. The transfer was spotted by tracking platform Arkham, which showed the activity being handled through Coinbase Prime for custody purposes. This move followed a similar action in October, when SpaceX shifted 1.2K BTC across several addresses.
No outgoing activity appeared from the new receiving wallet, and there were no signs of selling or liquidity trails. Because of this, most analysts believe the transfer was likely routine asset handling rather than a market-moving strategy. Still, since SpaceX is one of the biggest private companies with a Bitcoin treasury, any wallet movement creates instant attention across the market.
The transfer took place during a period of uncertainty in the crypto world. Prices were unstable for most of the month, and trading volume was low. This made the $105 million shift stand out even more, adding fuel to discussions already forming around Bitcoin’s slow recovery. Traders quickly reacted to the timing, wondering whether other large holders might also be adjusting their positions.
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Bitcoin Holds Above $90K as Technical Signals Clash
At the same time, Bitcoin (BTC) managed to stay above $90,000, according to CoinMarketCap. This stabilization brought some relief after a stretch of weaker sentiment. But the recovery also came with mixed signals. Bitcoin approached its 20-day EMA, a level that often acts as a barrier. Analysts noted that a clear surge above $93,000 could help strengthen its short-term position, but fading liquidity in November kept many long-term holders cautious.
Selling pressure appeared to be easing, yet traders remained alert. Throughout November, most major assets struggled with liquidity issues, and Bitcoin was no exception. Some market watchers pointed to adjusted forecasts, such as Tom Lee’s lowered target for Bitcoin in 2026, as signs of broader uncertainty spreading across the market.
As these conditions developed, many investors turned their attention toward alternative opportunities. With major cryptocurrencies moving slowly, traders began exploring early-stage tokens and presale projects that offered lower entry points and new ideas.
Presales Gain Momentum as DeepSnitch AI Raises $600K
One of the most notable presale projects during this period was DeepSnitch AI, which collected over $600,000 in its second presale stage. The project gained interest for its suite of five autonomous AI agents designed to track whale activity, scan for possible rug-pull risks, predict shifts in market sentiment, and detect FUD trends. These tools were built for everyday crypto users, making the project appealing to a wider retail audience.
DeepSnitch AI also stood out because some of its AI agents were already operational. Early buyers were promised exclusive access to the first two agents, giving them immediate features rarely seen in early-stage token sales. With a presale price of $0.02477, the project attracted traders seeking lower-cost assets during a time when bigger tokens were struggling to build strong momentum.
Elsewhere in the market, Cardano (ADA) showed activity as it traded at $0.4361 on November 27, marking a 4% rise. Indicators such as the RSI entering oversold territory and the MACD histogram pushing toward a golden cross supported increasing interest in ADA. Analysts identified $0.50 as its next key level, noting that turning it into support would help strengthen its position.
