According to @BitMEXResearch, the account stated "Last chance to buy over $100k" in a post dated Nov 4, 2025, drawing attention to the $100,000 threshold for buyers (source: BitMEX Research on X, Nov 4, 2025). Traders can treat $100,000 as a key observation level and monitor buy-side depth, liquidity sweeps, and funding conditions if price trades above that mark to gauge momentum and risk, based on the statement’s emphasis on the $100k level (source: BitMEX Research on X, Nov 4, 2025).

According to the source, TD Cowen analyst Lance Vitanza stated in a client note that share prices of Bitcoin treasury firms have fallen below a key threshold, signaling pressure on BTC proxy exposure. source: TD Cowen research note by Lance Vitanza. For traders, TD Cowen’s observation highlights the need to monitor how these equities track spot BTC, particularly any premium or discount to implied Bitcoin holdings when sizing positions and hedges. source: TD Cowen research note by Lance Vitanza.