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πŸ“Š Ethereum Withdrawals Resume: CEX Net Outflow

πŸ“… Dec 27 β€” In the past 24 hours, major exchanges saw a cumulative net outflow of 3,490.11 ETH:

Bybit: 5,899.66 ETH outflow (link
)

OKX: 5,785.15 ETH outflow (link
)

Coinbase Pro: 2,288.51 ETH outflow

πŸ’Ή Meanwhile, Binance (link
) led inflows with 11,000 ETH deposited.

πŸ“ Quick Summary:
Ethereum withdrawals are picking up, with notable outflows from Bybit, OKX, and Coinbase Pro, while Binance continues to see significant inflows, signaling active liquidity rotations in the market πŸ”„πŸ’°.
πŸ‹ Whale Closes BTC, ETH & SOL Shorts – $3.96M Profit

On December 24, a whale who previously shorted 255 BTC on Hyperliquid (πŸ’» link
) has fully closed its short positions on BTC, ETH, and SOL, realizing a total profit of over $3.96 million. πŸ’΅πŸ”₯

πŸ’‘ Summary:

Whale exits BTC, ETH & SOL shorts 🏦

Total profit exceeds $3.96M πŸ’°

Market watchers stay alert for next moves πŸ‘€
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🏦 Suspected MetaAlpha Address Deposits 3,500 ETH to CEX; 3-Month Total >20K ETH

On December 29, about 1 hour ago, a suspected MetaAlpha institutional address deposited 3,500 ETH (~$10.39M) to Binance (πŸ’» link
).

πŸ“ˆ 3-Month Activity:

Total deposited: 20,050 ETH (~$66.66M)

πŸ’‘ Summary:

The MetaAlpha-linked wallet shows significant recurring ETH deposits, signaling possible rebalancing or exchange preparation πŸ‹

Suggests active institutional movement in the market over the past quarter ⚑️

Accumulated deposits could impact liquidity and short-term price dynamics πŸ’Ή
πŸ“ˆ Trend Research Adds 6,748 ETH, Total Floating Loss $117M

On December 29, about 10 minutes ago, Trend Research (Li Yi Hua’s firm) withdrew 6,748 ETH (~$19.77M) from Binance (πŸ’» link
) and deposited it into Aave as collateral.

πŸ’Ή Recent Activity (Past 7 Hours):

Accumulated 27,598 ETH (~$83.05M)

Total on-chain holdings: 607,598 ETH (~$1.77B)

Average cost: $3,111.07 per ETH

Total floating loss: $117M

πŸ’‘ Summary:

Trend Research continues aggressive accumulation, even amid floating losses πŸ‹

Use of Aave as collateral suggests leveraging positions while holding ETH ⚑️

Institutional ETH demand remains strong and persistent, signaling long-term bullish sentiment πŸš€
πŸ‡ΊπŸ‡Έ β€œBTC OG Insider Whale” Deposits Additional 112,894 ETH to Binance πŸ‹πŸ’°

πŸ“… December 30
The whale known as the β€œBTC OG Insider”, holding $749 million in long positions across BTC, ETH, and SOL, has just deposited 112,894 ETH (worth $332 million) into Binance

πŸ”” Previously, on December 24, the same whale deposited 100,000 ETH (worth $292.12 million) into Binance.

⚑️ This activity indicates significant exchange inflows by a major crypto whale, potentially for trading, hedging, or liquidity management purposes.

✨ Quick Summary:
β€’ πŸ‹ Deposited 112,894 ETH (~$332M) to Binance
β€’ πŸ’Ό Whale holds $749M in BTC/ETH/SOL long positions
β€’ πŸ”” Previous deposit: 100,000 ETH (~$292.12M) on Dec 24
β€’ ⚑️ Shows continued large-scale exchange inflows from a key whale
🌐 Bubblemaps: LIT Token Airdrop Totals $675M, ~$30M Withdrawn Post-Airdrop πŸ’°πŸ“Š

πŸ“… December 30
On the first day of LIT token launch, Lighter distributed an airdrop worth $675 million to early participants.

πŸ’Έ Since the airdrop, approximately $30 million has been withdrawn from the Lighter platform.

⚑️ Early withdrawal suggests some participants are cashing out a portion of their rewards, while the majority remains on the platform.

✨ Quick Summary:
β€’ πŸͺ‚ LIT airdrop total: $675M
β€’ πŸ’Έ ~$30M withdrawn post-airdrop
β€’ ⚑️ Majority of tokens still retained on Lighter, showing strong initial engagement
πŸŒ‘ Kimi Raises $500M in Series C, IDG Leads with $150M πŸ’°πŸš€

πŸ“… Dec 31
Kimi (Moon’s Dark Side) recently closed a $500M Series C round, with IDG leading at $150M. Existing investors including Alibaba, Tencent, and Wang Huiwen oversubscribed. Post-money valuation reaches $4.3B, with Wang Huiwen having invested $70M in total. A source close to Kimi said market enthusiasm in the primary market exceeded expectations.

πŸ’Œ CEO Yang Zhilin revealed in an internal memo that the company holds over Β₯10B (~$1.45B) in cash reserves, comparable to post-IPO levels of Zhipu and MiniMax:
β€’ Zhipu: Β₯2.55B cash on hand, expected IPO financing ~Β₯3.8B
β€’ MiniMax: Β₯7.35B cash, expected IPO financing Β₯3.4–3.8B

πŸ“Œ This implies Kimi β€œdoesn’t need to rush an IPO.”

✨ Summary:
β€’ πŸš€ Series C: $500M, IDG leads $150M
β€’ πŸ’΅ Cash reserves > Β₯10B, IPO not urgent
β€’ πŸŒ‘ Market shows strong confidence in Kimi’s growth potential
πŸ“Š Historical January Performance: Ethereum vs. Bitcoin

πŸ“… Dec 31

Since 2016, Ethereum (ETH) has shown an average January return of +20.63%, with a median return of +31.92%. Over the past 9 years, January saw 5 gains and 4 losses for ETH.

Since 2013, Bitcoin (BTC) has had an average January return of +3.81%, with a median return of +0.62%. In the past 13 years, January recorded 7 gains and 6 losses for BTC.

πŸ’‘ Insight: Historically, January tends to be more bullish for ETH than BTC, though both show mixed performance year to year.

πŸ“ Quick Summary:
β€’ ⚑️ ETH 1 Jan avg: +20.63%, median: +31.92% (5/9 up)
β€’ β‚Ώ BTC 1 Jan avg: +3.81%, median: +0.62% (7/13 up)
β€’ πŸ“ˆ ETH historically stronger in January, but both show variability
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πŸ“Š ETH Liquidation Strength at Key Price Levels

πŸ“… January 1

If Ethereum falls below $2,900, the cumulative long liquidation strength on major CEXs will reach $784M.

Conversely, if Ethereum breaks above $3,100, the cumulative short liquidation strength will reach $923M.

πŸ’‘ Note on Liquidation Charts:

The chart does not show the exact number of contracts or precise liquidation value.

The bars represent the relative importance of each liquidation cluster compared to nearby clusters, referred to as strength.

Higher bars indicate that if the price reaches that level, liquidity waves will trigger stronger market reactions.

πŸ‘‰ Traders can use the liquidation heatmap to anticipate potential volatility and liquidity impacts at key price zones.

✨ Quick Summary

⚑️ $2,900 ETH β†’ $784M long liquidation potential

⚑️ $3,100 ETH β†’ $923M short liquidation potential

πŸ“ˆ Liquidation bars indicate market reaction intensity, not exact contract counts

πŸ”„ Higher bars = stronger impact due to liquidity waves

πŸ“Œ Liquidation heatmaps are essential for spotting potential volatility zones and managing risk in ETH trading.
πŸ“… Jan 2

December CEX spot trading volume dropped to $1.13 trillion, marking the lowest level since September 2024.

πŸ“Š Key details:

Month-over-month decline: 32% vs. November ($1.66T)

Quarter-over-quarter decline: 49% vs. October ($2.23T)

🏦 Top CEXs by volume:

Binance: $367.35B

ByBit

HTX

Gate

Coinbase

Analysts attribute the decline to seasonal sentiment, reduced volatility, and year-end position adjustments.

πŸ“‰ DEX activity also slowed:

Total DEX volume: $245B

Down 20% vs. Nov ($306B) and 46% vs. Oct ($451B)

Uniswap remains dominant with $60B monthly volume

The data reflects a broad market slowdown in trading activity at the end of 2025 across both CEXs and DEXs.

✨ Quick Summary

πŸ“‰ CEX volume: $1.13T in Dec, lowest since Sep 2024

πŸ”Ή DEX volume: $245B, down 20% MoM

🏦 Binance leads CEXs; Uniswap leads DEXs

⚠️ Seasonal factors + low volatility + year-end adjustments impacted activity
πŸ‹ Whale Starts 2026 With $8M Multi-Token Longs, Already Up $2.8M

On Jan 3, the first trading day of 2026, whale 0xEa6 deposited $8M USDC and opened multiple long positions across a diversified basket of tokens πŸ’°.

πŸ’Ή The positions are already showing unrealized profits of ~$2.8M.

πŸ“Š Current holdings (12 positions) include:
BTC, XPL, PUMP, MON, VVV, STBL, STABLE, IP, HEMI, GRIFFAIN, MAVIA, AIXBT

⚑️ This aggressive start to the year indicates strong bullish bets by a major market player, potentially influencing altcoin momentum.

Summary:

πŸ‹ Whale: 0xEa6

πŸ’° Initial investment: $8M USDC

πŸ“ˆ Current unrealized gains: ~$2.8M

πŸ”Ή Holdings: 12 tokens including BTC, STBL, MAVIA, AIXBT

Signals early 2026 bullish sentiment from a major whale πŸš€
πŸš€ Altcoins Rally as Bitcoin Surges Past $91K! πŸ‚πŸ’Ž

On January 4, Bitcoin rebounded past $91,000, sparking a broad altcoin rally. Highlights in the past 24 hours:

MYX: $6.703 ↑61% πŸ”₯

CVX: $2.283 ↑32% πŸ“ˆ

PIPPIN: $0.472 ↑26% ⚑️

GUN: $0.01426 ↑18% πŸ’₯

RENDER: $1.824 ↑17% ✨

PROMPT: $0.066 ↑15% πŸš€

Altcoins are seeing strong momentum as BTC leads the market higher. πŸŒŠπŸ’Ή

Summary:

BTC > $91K triggers altcoin rally πŸš€

MYX +61%, CVX +32%, others up 15–26% πŸ“ˆ

Market shows broad-based recovery in altcoins πŸ’Ž
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⚑️ Ethereum Liquidation Alert: $3,300 Break Could Trigger $794M Shorts

On January 5, if Ethereum breaks above $3,300, the cumulative short liquidation intensity on major CEXs could reach $794 million.

πŸ“‰ Conversely, if ETH falls below $3,000, the cumulative long liquidation intensity could hit $1.122 billion.

πŸ’‘ Note on Liquidation Charts:

Charts don’t show exact contract numbers or precise liquidation value.

Each bar represents the relative importance of liquidation clusters, i.e., their intensity.

Taller bars indicate that price reaching that level may trigger stronger market reactions due to liquidity waves. 🌊

This highlights ETH’s sensitivity near key levels and the potential for volatile price swings. ⚑️

πŸ”‘ Summary:

ETH > $3,300 β†’ $794M short liquidation πŸ’₯

ETH < $3,000 β†’ $1.122B long liquidation ⚠️

Liquidation chart = intensity, not exact numbers πŸ“Š

Market reacts stronger at high-intensity zones πŸš€
πŸ’₯ UXLINK Attacker Sells 248 WBTC, Makes $1.06M Profit

On Jan 6, the UXLINK attacker sold 248 WBTC at $93,023 each, totaling around $23.08M, just 2 hours after the transaction.

About a month ago, the attacker had bought 375 WBTC at $90,203 each, totaling roughly $33.83M. The sale nets them an estimated $1.06M profit.

πŸ”Ή Summary:
UXLINK hacker cashes in $1.06M by selling WBTC. Quick trades show the continuing risks and gains in crypto exploits. βš οΈπŸ’Έ
⚑️ β€œ7-In-7-Out ZEC Short” Whale Reenters ZEC Shorts

On Jan 7, the persistent ZEC short whale, who stopped out of a previous ZEC short yesterday, has reentered the market:

Position: 3,697.06 ZEC (~$1.83M)

Leverage: 2x

Average entry: $507.66

Current floating profit: $41K

Previously, this address has shorted ZEC seven times, never going long, accumulating total losses of $508K. πŸ‹πŸ“‰

πŸ”Ή Summary:
ZEC short whale jumps back in at $507.66, showing persistence despite $508K in past losses. High-risk, high-reward moves continue. ⚠️πŸ’₯
πŸ‹βš οΈ β€œDiehard Bull” Altcoin Longs Now in $760K+ Unrealized Loss

πŸ“… January 8 β€” The whale known as β€œDiehard Bull” currently holds high-leverage altcoin longs, all of which are now underwater.

πŸ“Š Current positions:

FARTCOIN long (10x leverage): 7.68M FARTCOIN

Avg price: $0.4542

Unrealized loss: $448K

PUMP long (40x leverage): 1.28B PUMP

Avg price: $0.0025

Unrealized loss: $319K

⚠️ Total unrealized loss exceeds $760K, highlighting the extreme risk of high-leverage altcoin positions in a volatile market.

πŸ” Quick Summary

πŸ‹ Whale: β€œDiehard Bull”

⚑️ FARTCOIN 10x long: –$448K

⚑️ PUMP 40x long: –$319K

πŸ’Έ Total unrealized loss: $767K+

πŸ‘€ Shows high-risk exposure in leveraged altcoin trading
πŸ”» US Ethereum Spot ETFs see $159.2M net outflow yesterday

πŸ—“ January 9
Yesterday, US Ethereum spot ETFs recorded a net outflow of $159.2 million πŸ’Έ

πŸ“Š Breakdown by fund:

BlackRock ETHA: -$107.7M

Fidelity FETH: -$4.6M

VanEck ETHV: -$2.3M

Grayscale ETHE: -$31.7M

Grayscale Mini ETH: -$12.9M

⚑️ Quick Summary

πŸ”» Total net outflow: $159.2M

🏦 Largest outflow: BlackRock ETHA -$107.7M

πŸ“‰ All major ETFs posted negative flows
πŸ“Š ETH liquidation heatmap: $3,000 could trigger $882M long liquidations

πŸ—“ January 10
If Ethereum drops below $3,000, cumulative long liquidation pressure on major CEXs could reach $882M ⚠️
Conversely, if ETH rises above $3,200, cumulative short liquidation pressure could reach $935M πŸ“‰

πŸ’‘ About the liquidation chart:

The chart does not show exact contract counts or liquidation values

Each column represents the relative intensity of liquidation clusters

Higher columns indicate areas where price movements could trigger stronger reactions due to liquidity waves 🌊

⚑️ Quick Summary

🟒 ETH < $3,000 β†’ $882M long liquidation risk

πŸ”΄ ETH > $3,200 β†’ $935M short liquidation risk

πŸ“Š Chart reflects liquidation intensity, not exact numbers

🌊 Higher columns = stronger market reaction expected
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🟒 β€œMaji” Opens New 10x ZEC Long, Still Holds $34M ETH Position

πŸ—“ Jan 11
β€œMaji Big Brother” Huang Licheng has opened a new 10x leveraged ZEC long:

ZEC Long: $350K position, entry price $378.9956 ⚑️

Current holdings also include:

ETH Long: $34M, entry price $3,138.43 πŸ’°

HYPE Long: $250K, entry price $24.4 πŸ”Ή

⚑️ Quick Summary

🟒 New ZEC 10x long: $350K

πŸ’° ETH long still active: $34M

πŸ”Ή HYPE long: $250K

⚠️ High leverage positions, monitor risks