π Analyst: BEAT Team-Linked Wallet Sends $1.2M in Tokens to CEX, Possible Sell-Off Incoming
On December 8, an on-chain analyst reported that a wallet linked to the BEAT project team transferred approximately $1.2 million worth of tokens to Gate. These tokens are still sitting in the exchangeβs deposit address and have not yet been moved or traded.
Further analysis indicates that several BEAT team-associated wallets have already executed test transactions involving small token amounts. This behavior suggests that the team may be preparing for potential sell-offs to realize profits.
Market participants are now watching closely for any large sales that could impact token price and sentiment.
β‘οΈ Summary
BEAT team-linked wallet transferred $1.2M in tokens to Gate π¦
Tokens remain in exchange deposit wallet, no trades yet β³
Team wallets performed test transactions, hinting at a possible upcoming sell-off π
On December 8, an on-chain analyst reported that a wallet linked to the BEAT project team transferred approximately $1.2 million worth of tokens to Gate. These tokens are still sitting in the exchangeβs deposit address and have not yet been moved or traded.
Further analysis indicates that several BEAT team-associated wallets have already executed test transactions involving small token amounts. This behavior suggests that the team may be preparing for potential sell-offs to realize profits.
Market participants are now watching closely for any large sales that could impact token price and sentiment.
β‘οΈ Summary
BEAT team-linked wallet transferred $1.2M in tokens to Gate π¦
Tokens remain in exchange deposit wallet, no trades yet β³
Team wallets performed test transactions, hinting at a possible upcoming sell-off π
πΈ Trader Turns $716 into a 340x Gain on Franklin Tokens
On December 9, a trader spent $716 to buy 16.3 million Franklin tokens. They later sold 4.8 million Franklin for $20,500, while still holding 11.5 million tokens worth $224,000.
Overall, the trader has achieved an astonishing 340x profit.
π Key Details
π΅ Initial investment: $716
πͺ Total bought: 16.3M Franklin
π° Realized profit: $20,500 (from selling 4.8M)
π Remaining holdings: 11.5M Franklin (~$224,000)
π Total return: 340x
π Summary
A trader turned a tiny $716 investment into over $240K in value β a massive 340x win driven by the Franklin token surge. ππ
On December 9, a trader spent $716 to buy 16.3 million Franklin tokens. They later sold 4.8 million Franklin for $20,500, while still holding 11.5 million tokens worth $224,000.
Overall, the trader has achieved an astonishing 340x profit.
π Key Details
π΅ Initial investment: $716
πͺ Total bought: 16.3M Franklin
π° Realized profit: $20,500 (from selling 4.8M)
π Remaining holdings: 11.5M Franklin (~$224,000)
π Total return: 340x
π Summary
A trader turned a tiny $716 investment into over $240K in value β a massive 340x win driven by the Franklin token surge. ππ
πΊπΈ Trump May Adjust Tariffs to Lower Prices on Certain Goods
On December 9, U.S. President Donald Trump signaled that he may adjust existing tariffs in an effort to reduce the prices of certain consumer goods.
The potential move comes as the administration explores ways to ease cost pressures while maintaining its broader trade strategy.
While no specific products or timelines have been announced, the indication suggests that tariff flexibility could be used as a tool to stabilize prices in the near term.
π Summary
Trump may adjust tariffs to lower prices on selected goods.
Aim: reduce consumer costs while maintaining trade policy.
Details and timelines not yet disclosed.
π¬ A possible shift in tariff strategy to tackle rising prices.
On December 9, U.S. President Donald Trump signaled that he may adjust existing tariffs in an effort to reduce the prices of certain consumer goods.
The potential move comes as the administration explores ways to ease cost pressures while maintaining its broader trade strategy.
While no specific products or timelines have been announced, the indication suggests that tariff flexibility could be used as a tool to stabilize prices in the near term.
π Summary
Trump may adjust tariffs to lower prices on selected goods.
Aim: reduce consumer costs while maintaining trade policy.
Details and timelines not yet disclosed.
π¬ A possible shift in tariff strategy to tackle rising prices.
ππ Bitwise 10 Crypto Index ETF Begins Trading on the NYSE Arca
On December 10, Bitwise announced that its Bitwise 10 Crypto Index ETF (BITW) has officially begun trading today on the New York Stock Exchange (NYSE) Arca as a fully structured ETF product.
BITW holds a diversified portfolio of the top 10 major crypto assets, ranked by market capitalization, and undergoes a monthly rebalancing to maintain accurate market exposure.
πβ¨ Why It Matters
π Another major step in bringing crypto exposure into traditional finance
π¦ BITW offers investors a simplified way to gain diversified exposure to the top crypto assets
π Monthly rebalancing ensures the index reflects market trends dynamically
π Signals continuing institutional acceptance of digital assets
π Quick Summary
π BITW officially starts trading on NYSE Arca
π Holds a top-10 crypto asset index by market cap
π Portfolio rebalanced monthly
πΌ Expands institutional pathways to crypto exposure
On December 10, Bitwise announced that its Bitwise 10 Crypto Index ETF (BITW) has officially begun trading today on the New York Stock Exchange (NYSE) Arca as a fully structured ETF product.
BITW holds a diversified portfolio of the top 10 major crypto assets, ranked by market capitalization, and undergoes a monthly rebalancing to maintain accurate market exposure.
πβ¨ Why It Matters
π Another major step in bringing crypto exposure into traditional finance
π¦ BITW offers investors a simplified way to gain diversified exposure to the top crypto assets
π Monthly rebalancing ensures the index reflects market trends dynamically
π Signals continuing institutional acceptance of digital assets
π Quick Summary
π BITW officially starts trading on NYSE Arca
π Holds a top-10 crypto asset index by market cap
π Portfolio rebalanced monthly
πΌ Expands institutional pathways to crypto exposure
ππΉ Bitget Launches 5th Zero-Fee US Stock Trading Contest β 20,000 BGB Prize Pool
On December 10, Bitget kicked off the 5th zero-fee US stock trading contest on its platform.
Event Details:
Users trading US stocks on Bitget enjoy 0 trading fees during the event
Rankings based on cumulative trading volume of tokens like AMDon, CRCLon, NFLXon
Top 261 participants receive 50β500 BGB each
Registration is required via the βJoin Nowβ button on Bitgetβs platform
Event ends: December 12, 23:59 (UTC+8)
ππ¬ Market Highlights
β‘οΈ Zero-fee trading encourages high participation and liquidity
π BGB airdrops reward top traders
π¦ Promotes engagement in US stock token trading
π Quick Summary
πΉ Contest: Zero-fee US stock trading on Bitget
π Total prize pool: 20,000 BGB
π Top 261 traders get 50β500 BGB each
β³ Ends: Dec 12, 23:59 (UTC+8)
On December 10, Bitget kicked off the 5th zero-fee US stock trading contest on its platform.
Event Details:
Users trading US stocks on Bitget enjoy 0 trading fees during the event
Rankings based on cumulative trading volume of tokens like AMDon, CRCLon, NFLXon
Top 261 participants receive 50β500 BGB each
Registration is required via the βJoin Nowβ button on Bitgetβs platform
Event ends: December 12, 23:59 (UTC+8)
ππ¬ Market Highlights
β‘οΈ Zero-fee trading encourages high participation and liquidity
π BGB airdrops reward top traders
π¦ Promotes engagement in US stock token trading
π Quick Summary
πΉ Contest: Zero-fee US stock trading on Bitget
π Total prize pool: 20,000 BGB
π Top 261 traders get 50β500 BGB each
β³ Ends: Dec 12, 23:59 (UTC+8)
π¦βοΈ US OCC Finds Major Banks Still Restricting Services to Legitimate Crypto Firms
π Telegram-style Report
On Dec 11, the Office of the Comptroller of the Currency (OCC) revealed that several of the largest U.S. banks continue to limit or deny services to companies in the crypto industry, even when their operations are legal, rather than based on financial risk.
Banks reviewed include: JPMorgan, Bank of America, Citi, Wells Fargo, U.S. Bank, Capital One, PNC, TD Bank, and BMO.
At least some of these banks imposed special restrictions or enhanced scrutiny on crypto clients.
OCC Comptroller Jonathan V. Gould stated the findings reflect the agencyβs commitment to:
βEnding the weaponization of finance by regulators or banks.β
The report represents phase one of the OCCβs investigation; thousands of complaints remain under review.
The OCC has generally been relaxing its stance on crypto:
Last month, the agency confirmed that major banks are allowed to hold crypto on their balance sheets to pay blockchain network fees for βother permissibleβ banking operations.
On Dec 10, the OCC further clarified that banks may process βrisk-free principal transactionsβ involving crypto assets.
π TL;DR
π¦ Major U.S. banks still restrict crypto firms, despite legality of operations
βοΈ OCC vows to hold banks accountable and combat financial discrimination
π OCC is gradually relaxing rules, allowing banks to hold crypto and process risk-free crypto transactions
π Findings are phase one; investigation ongoing with thousands of complaints pending
π Telegram-style Report
On Dec 11, the Office of the Comptroller of the Currency (OCC) revealed that several of the largest U.S. banks continue to limit or deny services to companies in the crypto industry, even when their operations are legal, rather than based on financial risk.
Banks reviewed include: JPMorgan, Bank of America, Citi, Wells Fargo, U.S. Bank, Capital One, PNC, TD Bank, and BMO.
At least some of these banks imposed special restrictions or enhanced scrutiny on crypto clients.
OCC Comptroller Jonathan V. Gould stated the findings reflect the agencyβs commitment to:
βEnding the weaponization of finance by regulators or banks.β
The report represents phase one of the OCCβs investigation; thousands of complaints remain under review.
The OCC has generally been relaxing its stance on crypto:
Last month, the agency confirmed that major banks are allowed to hold crypto on their balance sheets to pay blockchain network fees for βother permissibleβ banking operations.
On Dec 10, the OCC further clarified that banks may process βrisk-free principal transactionsβ involving crypto assets.
π TL;DR
π¦ Major U.S. banks still restrict crypto firms, despite legality of operations
βοΈ OCC vows to hold banks accountable and combat financial discrimination
π OCC is gradually relaxing rules, allowing banks to hold crypto and process risk-free crypto transactions
π Findings are phase one; investigation ongoing with thousands of complaints pending
β οΈπ³ Whale Trader FOMO Longs ETH, Loses $3.24M in 14 Hours
π Telegram-style Report
Dec 11: Trader 0xa43d chased ETH at the top, resulting in a $3.24M loss within 14 hours.
The address went long near Ethereumβs peak price. As ETH dropped:
Partial close 3 hours ago: Loss of $583.5K πΈ
Current position: 11,793 ETH (~$37.6M)
Unrealized loss: ~$2.66M
β οΈ Takeaway: FOMO chasing tops can be extremely costly, even for whales.
π TL;DR
Trader 0xa43d FOMOβd ETH at peak β $3.24M loss in 14 hours
Still holding 11.8K ETH, with $2.66M unrealized loss π³π₯
π Telegram-style Report
Dec 11: Trader 0xa43d chased ETH at the top, resulting in a $3.24M loss within 14 hours.
The address went long near Ethereumβs peak price. As ETH dropped:
Partial close 3 hours ago: Loss of $583.5K πΈ
Current position: 11,793 ETH (~$37.6M)
Unrealized loss: ~$2.66M
β οΈ Takeaway: FOMO chasing tops can be extremely costly, even for whales.
π TL;DR
Trader 0xa43d FOMOβd ETH at peak β $3.24M loss in 14 hours
Still holding 11.8K ETH, with $2.66M unrealized loss π³π₯
π Aster Rocket Launch Debuts CYS & RAVE on DEX with $250K+ Reward Pool
π’ Telegram-style article (English)
On Dec 12, Aster Rocket Launch successfully launched CYS and RAVE on its platform, serving as the first DEX listing for both tokens.
π Reward pools:
CYS: $50,000 worth of ASTER + additional CYS rewards
RAVE: $200,000 worth of ASTER + additional RAVE rewards
π± Trading pairs: In collaboration with WLFI, Aster introduced a USD1 trading pair, marking the exclusive launch of RAVE/USD1.
The move highlights Aster Rocket Launchβs growing role as a primary DEX for new token listings and liquidity incentives.
π Summary
CYS & RAVE: First DEX listing on Aster Rocket Launch
Total reward pool: $250,000+
New trading pair: RAVE/USD1 π΅
π’ Telegram-style article (English)
On Dec 12, Aster Rocket Launch successfully launched CYS and RAVE on its platform, serving as the first DEX listing for both tokens.
π Reward pools:
CYS: $50,000 worth of ASTER + additional CYS rewards
RAVE: $200,000 worth of ASTER + additional RAVE rewards
π± Trading pairs: In collaboration with WLFI, Aster introduced a USD1 trading pair, marking the exclusive launch of RAVE/USD1.
The move highlights Aster Rocket Launchβs growing role as a primary DEX for new token listings and liquidity incentives.
π Summary
CYS & RAVE: First DEX listing on Aster Rocket Launch
Total reward pool: $250,000+
New trading pair: RAVE/USD1 π΅
π Aster Trading Competition Update: Traders Lead, βAo Yingβ Achieves Nearly 6x ROI
π’ Telegram-style article (English)
On Dec 12, the Aster Human vs AI Trading Competition continues:
Trader camp currently leads with an overall return of 3.92%, while the AI camp is at -1.72%.
On the total profit leaderboard, trader βAo Yingβ is far ahead, achieving nearly 6x return on initial capital.
The highest-ranked AI participant is Qwen3, currently 22nd overall.
Top 3 leaderboard performers:
Ao Ying (X:thankUcrypto): 24h profit β $9,550, account β $58,900
0xJack (X:Trader_Liu): 24h profit β $2,910, account β $23,200
MrRolex (X:MrRolexes): 24h profit β $8,710, account β $23,100
AI camp top: Qwen3: 24h profit β $1,750, account β $11,200
According to Aster, each participant started with $10,000, and the competition has been running for 4 days. Polymarket has launched a prediction market for βWho will win the Aster trading competition?β, with Ao Yingβs winning probability rising to 52%.
π Summary
Trader camp outperforms AI camp π
Ao Ying achieves nearly 6x ROI, leading leaderboard π¦
AI camp still competitive, but behind π€
Polymarket predicts Ao Ying likely winner (52%) π―
π’ Telegram-style article (English)
On Dec 12, the Aster Human vs AI Trading Competition continues:
Trader camp currently leads with an overall return of 3.92%, while the AI camp is at -1.72%.
On the total profit leaderboard, trader βAo Yingβ is far ahead, achieving nearly 6x return on initial capital.
The highest-ranked AI participant is Qwen3, currently 22nd overall.
Top 3 leaderboard performers:
Ao Ying (X:thankUcrypto): 24h profit β $9,550, account β $58,900
0xJack (X:Trader_Liu): 24h profit β $2,910, account β $23,200
MrRolex (X:MrRolexes): 24h profit β $8,710, account β $23,100
AI camp top: Qwen3: 24h profit β $1,750, account β $11,200
According to Aster, each participant started with $10,000, and the competition has been running for 4 days. Polymarket has launched a prediction market for βWho will win the Aster trading competition?β, with Ao Yingβs winning probability rising to 52%.
π Summary
Trader camp outperforms AI camp π
Ao Ying achieves nearly 6x ROI, leading leaderboard π¦
AI camp still competitive, but behind π€
Polymarket predicts Ao Ying likely winner (52%) π―
π¦ Coinbase: Fedβs βStealth QEβ Could Support Crypto Markets
π° Telegram Original Post (English)
π Dec 13 β Coinbase noted that the U.S. Federal Reserveβs 25 bps rate cut this week met market expectations, but a key positive signal lies in the Fedβs Treasury reserve management purchases planned over the next 30 days.
π Key details of the plan:
π΅ Initial operation size: $40 billion
β° Start date: December 12
β‘οΈ This liquidity injection is earlier than expected, and reserve growth could continue through April 2026. Coinbase believes the Fedβs shift from balance sheet runoff toward net liquidity injection can be viewed as a form of βlight quantitative easingβ or βstealth QE,β which may provide structural support for crypto markets.
π Combined with expectations from Fed funds futures β which currently price in two additional rate cuts (50 bps total) over the first nine months of 2026 β Coinbase suggests that the overall policy environment may be more accommodative than previously anticipated.
π§Ύ Quick Summary
π¦ Fed cuts rates by 25 bps, as expected
π΅ $40B Treasury purchases begin Dec 12
π Seen as βstealth QEβ / light QE
π Potentially bullish for crypto liquidity
π€ Policy outlook may be more dovish than expected
π° Telegram Original Post (English)
π Dec 13 β Coinbase noted that the U.S. Federal Reserveβs 25 bps rate cut this week met market expectations, but a key positive signal lies in the Fedβs Treasury reserve management purchases planned over the next 30 days.
π Key details of the plan:
π΅ Initial operation size: $40 billion
β° Start date: December 12
β‘οΈ This liquidity injection is earlier than expected, and reserve growth could continue through April 2026. Coinbase believes the Fedβs shift from balance sheet runoff toward net liquidity injection can be viewed as a form of βlight quantitative easingβ or βstealth QE,β which may provide structural support for crypto markets.
π Combined with expectations from Fed funds futures β which currently price in two additional rate cuts (50 bps total) over the first nine months of 2026 β Coinbase suggests that the overall policy environment may be more accommodative than previously anticipated.
π§Ύ Quick Summary
π¦ Fed cuts rates by 25 bps, as expected
π΅ $40B Treasury purchases begin Dec 12
π Seen as βstealth QEβ / light QE
π Potentially bullish for crypto liquidity
π€ Policy outlook may be more dovish than expected
Bitcoin Briefly Dips Below $90,000 β οΈ
π Dec 13 β Bitcoin briefly fell below $90,000, recording a 24-hour decline of 2.17% amid heightened market volatility.
The pullback triggered cautious sentiment across the market, with traders closely watching key support levels and liquidation dynamics.
π Quick Take
π BTC briefly dropped under $90K
β±οΈ Short-term move, high volatility
π Market focused on near-term support levels
π Dec 13 β Bitcoin briefly fell below $90,000, recording a 24-hour decline of 2.17% amid heightened market volatility.
The pullback triggered cautious sentiment across the market, with traders closely watching key support levels and liquidation dynamics.
π Quick Take
π BTC briefly dropped under $90K
β±οΈ Short-term move, high volatility
π Market focused on near-term support levels
π§ͺ YO Labs Raises $10M in Series A, Led by Foundation Capital π°
Dec 15 β YO Labs, the development team behind DeFi protocol YO Protocol, announced the completion of a $10 million Series A funding round.
The round was led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital, among others.
According to the team, YO Protocol is designed as a unified yield layer, enabling crypto and fintech companies to access optimized, risk-aware yield strategies through a single integration, streamlining yield generation across products and platforms.
π Short Summary:
YO Labs raised $10M in Series A led by Foundation Capital to scale YO Protocol, a unified yield layer offering optimized, risk-aware returns via one integration π
Dec 15 β YO Labs, the development team behind DeFi protocol YO Protocol, announced the completion of a $10 million Series A funding round.
The round was led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital, among others.
According to the team, YO Protocol is designed as a unified yield layer, enabling crypto and fintech companies to access optimized, risk-aware yield strategies through a single integration, streamlining yield generation across products and platforms.
π Short Summary:
YO Labs raised $10M in Series A led by Foundation Capital to scale YO Protocol, a unified yield layer offering optimized, risk-aware returns via one integration π
Whale Reopens Leveraged ETH Long After $3.34M Loss ππ₯
Dec 15 β An ETH whale who closed a 7x leveraged long yesterday with a $3.34 million loss has returned to the market.
Over the past 30 minutes, the whale opened a new ETH long position with 8x leverage, with a current position size of approximately $17 million.
The aggressive re-entry highlights continued high-risk positioning amid volatile market conditions.
π Leverage trading remains highly risky, especially in periods of sharp price fluctuations.
Quick Summary:
A whale that lost $3.34M on an ETH long yesterday has re-entered with even higher leverage (8x), opening a $17M ETH long. β οΈπ
Dec 15 β An ETH whale who closed a 7x leveraged long yesterday with a $3.34 million loss has returned to the market.
Over the past 30 minutes, the whale opened a new ETH long position with 8x leverage, with a current position size of approximately $17 million.
The aggressive re-entry highlights continued high-risk positioning amid volatile market conditions.
π Leverage trading remains highly risky, especially in periods of sharp price fluctuations.
Quick Summary:
A whale that lost $3.34M on an ETH long yesterday has re-entered with even higher leverage (8x), opening a $17M ETH long. β οΈπ
π Opinion Builder Program Surpasses 100 Applications, Over 30 Projects Live
π December 16
Last week, prediction market platform Opinion announced a $1M ecosystem incentive program, launching the Builders Program for global developers. The initiative aims to expand the use cases of prediction markets.
β Update
Over 100 applications submitted for the first cohort
30+ projects already live
All community members can vote on participating projects
Incentives will be distributed this week based on public voting results
π Takeaway
The program highlights Opinionβs commitment to ecosystem growth and community-driven development, encouraging developers worldwide to build innovative applications for prediction markets.
π Quick Summary
π» Opinion Builders Program: 100+ applications, 30+ live projects
π Global developers eligible
π³ Community can vote on projects
π΅ $1M incentives to be distributed based on votes
π Community participation is key to shaping the next generation of prediction market tools.
π December 16
Last week, prediction market platform Opinion announced a $1M ecosystem incentive program, launching the Builders Program for global developers. The initiative aims to expand the use cases of prediction markets.
β Update
Over 100 applications submitted for the first cohort
30+ projects already live
All community members can vote on participating projects
Incentives will be distributed this week based on public voting results
π Takeaway
The program highlights Opinionβs commitment to ecosystem growth and community-driven development, encouraging developers worldwide to build innovative applications for prediction markets.
π Quick Summary
π» Opinion Builders Program: 100+ applications, 30+ live projects
π Global developers eligible
π³ Community can vote on projects
π΅ $1M incentives to be distributed based on votes
π Community participation is key to shaping the next generation of prediction market tools.
π Whale Activity Snapshot: βUltimate Shortβ Closes BTC Shorts Again, Trader Paul Wei Adds Four BTC Longs
π December 16
Amid todayβs sharp market decline, several whales have opened long positions to buy the dip. Key movements include:
π’ Pension-usdt.eth
Opened 3Γ BTC long at ~$86,300, position size ~$85.76M
Became largest BTC long on Hyperliquid
Executed four trades yesterday, net profit ~$2.8M
π’ Calm Order King
Opened BTC, ETH, SOL longs in past 6 hours, total position ~$7.11M, floating loss ~$20K
Fully closed prior BTC, ETH, SOL shorts today, profit ~$13K
π΄ Ultimate Short
Closed BTC short ~$8.6M, profit ~$2.37M
Current BTC short positions: ~$61.88M, floating profit ~$18.46M (542%)
Liquidation price $104K, still shorting down to $68K, Hyperliquid BTC short rank #2
π’ Paul Wei
Executed four new BTC longs overnight
Floating loss ~7%, positions ~15% of $100K total capital
Most funds still pending orders in $84.8Kβ$93.3K BTC range
Total profit since Nov 16: $3.1K
π£ BTC OG Insider Whale
Floating loss continues to expand
ETH 5Γ long: $564M, avg $3,167, floating loss ~$40M (β37%)
Also holds BTC and SOL longs, total positions ~$680M, currently #1 ETH long on Hyperliquid
π Quick Summary
β‘οΈ Market drop triggers buy-the-dip activity among whales
π΄ βUltimate Shortβ partially closes BTC shorts, still heavily shorting
π’ Paul Wei actively adds BTC longs
π£ BTC OG Insider Whale sees major floating losses but holds largest ETH long
π Whale moves provide key sentiment signals for short-term BTC, ETH, and SOL trends on Hyperliquid.
π December 16
Amid todayβs sharp market decline, several whales have opened long positions to buy the dip. Key movements include:
π’ Pension-usdt.eth
Opened 3Γ BTC long at ~$86,300, position size ~$85.76M
Became largest BTC long on Hyperliquid
Executed four trades yesterday, net profit ~$2.8M
π’ Calm Order King
Opened BTC, ETH, SOL longs in past 6 hours, total position ~$7.11M, floating loss ~$20K
Fully closed prior BTC, ETH, SOL shorts today, profit ~$13K
π΄ Ultimate Short
Closed BTC short ~$8.6M, profit ~$2.37M
Current BTC short positions: ~$61.88M, floating profit ~$18.46M (542%)
Liquidation price $104K, still shorting down to $68K, Hyperliquid BTC short rank #2
π’ Paul Wei
Executed four new BTC longs overnight
Floating loss ~7%, positions ~15% of $100K total capital
Most funds still pending orders in $84.8Kβ$93.3K BTC range
Total profit since Nov 16: $3.1K
π£ BTC OG Insider Whale
Floating loss continues to expand
ETH 5Γ long: $564M, avg $3,167, floating loss ~$40M (β37%)
Also holds BTC and SOL longs, total positions ~$680M, currently #1 ETH long on Hyperliquid
π Quick Summary
β‘οΈ Market drop triggers buy-the-dip activity among whales
π΄ βUltimate Shortβ partially closes BTC shorts, still heavily shorting
π’ Paul Wei actively adds BTC longs
π£ BTC OG Insider Whale sees major floating losses but holds largest ETH long
π Whale moves provide key sentiment signals for short-term BTC, ETH, and SOL trends on Hyperliquid.
β€1
π Abraxas Capital closes ~$240M ETH shorts, position shrinks 90% π₯π
π Dec 17
Recently, the address tagged as Abraxas Capital (0x5b5) has been gradually closing its ETH short positions. Over the past 20 hours, it liquidated about $9.7M ETH shorts at $2,932, reducing the position size from $51.57M last week to $26.54M. The average entry price is $3,471, with a current unrealized profit of $4.69M (176%), and $13.74M already realized via funding rate settlements.
π Background:
ETH shorts were first opened in May, once making Abraxas Capital the largest whale on Hyperliquid in terms of contract size.
Since November, the address has been taking profits from ETH shorts.
Total ETH shorts closed so far: ~$240M.
Part of the funds have been reallocated to HYPE spot, with current holdings around $47.5M.
π Quick Take
β‘οΈ ETH shorts reduced 90%, cumulative closures ~$240M
πΉ Unrealized profit: $4.69M, realized: $13.74M
π° HYPE spot holdings now ~$47.5M
π Indicates a shift from leveraged shorts to spot HYPE accumulation
π Dec 17
Recently, the address tagged as Abraxas Capital (0x5b5) has been gradually closing its ETH short positions. Over the past 20 hours, it liquidated about $9.7M ETH shorts at $2,932, reducing the position size from $51.57M last week to $26.54M. The average entry price is $3,471, with a current unrealized profit of $4.69M (176%), and $13.74M already realized via funding rate settlements.
π Background:
ETH shorts were first opened in May, once making Abraxas Capital the largest whale on Hyperliquid in terms of contract size.
Since November, the address has been taking profits from ETH shorts.
Total ETH shorts closed so far: ~$240M.
Part of the funds have been reallocated to HYPE spot, with current holdings around $47.5M.
π Quick Take
β‘οΈ ETH shorts reduced 90%, cumulative closures ~$240M
πΉ Unrealized profit: $4.69M, realized: $13.74M
π° HYPE spot holdings now ~$47.5M
π Indicates a shift from leveraged shorts to spot HYPE accumulation
π βUltimate Bearβ Accelerates BTC Short Profit-Taking, Nearly $40M Closed This Month π°
π Dec 17
In the past 4 hours, βUltimate Bearβ closed BTC short positions worth $5.13M, booking profits of $1.49M.
Since the start of this month, the whale has closed about $39.5M in BTC shorts.
Current BTC short holdings: $55.36M, floating profit $16.08M (581%), average entry price $111,500, liquidation price $99,300.
Additionally, the whale opened a new XYZ 100x long position, sized $1M.
π Strategy & History:
Since May 9, the whale has repeatedly executed precise buy-low, sell-high maneuvers.
From November, the strategy shifted to systematically taking profits at local lows without reloading, having reduced total short exposure by roughly $99M compared to August peak.
Past 4 monthsβ notable close points:
Aug 19β20: BTC ~$112,500
Aug 30: BTC ~$108,300
Sep 22: ETH ~$4,160
Oct 11: BTC ~$100β110k
Nov 25: BTC ~$87,000
π Quick Take
π» βUltimate Bearβ is steadily locking in profits while trimming short exposure.
β‘οΈ The whale continues to execute high-precision trading, showing strong risk management and market timing.
π Dec 17
In the past 4 hours, βUltimate Bearβ closed BTC short positions worth $5.13M, booking profits of $1.49M.
Since the start of this month, the whale has closed about $39.5M in BTC shorts.
Current BTC short holdings: $55.36M, floating profit $16.08M (581%), average entry price $111,500, liquidation price $99,300.
Additionally, the whale opened a new XYZ 100x long position, sized $1M.
π Strategy & History:
Since May 9, the whale has repeatedly executed precise buy-low, sell-high maneuvers.
From November, the strategy shifted to systematically taking profits at local lows without reloading, having reduced total short exposure by roughly $99M compared to August peak.
Past 4 monthsβ notable close points:
Aug 19β20: BTC ~$112,500
Aug 30: BTC ~$108,300
Sep 22: ETH ~$4,160
Oct 11: BTC ~$100β110k
Nov 25: BTC ~$87,000
π Quick Take
π» βUltimate Bearβ is steadily locking in profits while trimming short exposure.
β‘οΈ The whale continues to execute high-precision trading, showing strong risk management and market timing.
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π Current CEX & DEX Funding Rates Indicate Overall Bearish Market β οΈ
On December 18, funding rates across major centralized (CEX) and decentralized exchanges (DEX) show that the market remains broadly bearish. Key funding rates for major cryptocurrencies are displayed in the attached chart.
π‘ What are Funding Rates?
Funding rates are mechanisms set by crypto trading platforms, primarily for perpetual contracts, to keep the contract price aligned with the underlying asset price.
They represent a fund transfer between long and short traders.
The platform does not collect these fees; they adjust the cost or profit of holding positions to maintain price parity between the contract and the asset.
π Interpreting funding rates:
0.01%: baseline rate
>0.01%: market is generally bullish (longs pay shorts)
<0.005%: market is generally bearish (shorts pay longs)
Currently, funding rates remain below 0.005%, signaling persistent bearish sentiment across major coins.
π Quick Summary:
π Funding rates on CEX & DEX indicate broad bearishness
β‘οΈ Persistent negative sentiment across major cryptos
π‘ Funding rates help align perpetual contract prices with spot prices
π₯ Market sentiment remains cautious β traders favor short positions.
On December 18, funding rates across major centralized (CEX) and decentralized exchanges (DEX) show that the market remains broadly bearish. Key funding rates for major cryptocurrencies are displayed in the attached chart.
π‘ What are Funding Rates?
Funding rates are mechanisms set by crypto trading platforms, primarily for perpetual contracts, to keep the contract price aligned with the underlying asset price.
They represent a fund transfer between long and short traders.
The platform does not collect these fees; they adjust the cost or profit of holding positions to maintain price parity between the contract and the asset.
π Interpreting funding rates:
0.01%: baseline rate
>0.01%: market is generally bullish (longs pay shorts)
<0.005%: market is generally bearish (shorts pay longs)
Currently, funding rates remain below 0.005%, signaling persistent bearish sentiment across major coins.
π Quick Summary:
π Funding rates on CEX & DEX indicate broad bearishness
β‘οΈ Persistent negative sentiment across major cryptos
π‘ Funding rates help align perpetual contract prices with spot prices
π₯ Market sentiment remains cautious β traders favor short positions.
π¨ Crypto Market | Fear & Greed Index Remains Extremely Low π
π December 19
Today, the Crypto Fear & Greed Index stands at 16 (down from 17 yesterday), keeping the market in a state of βExtreme Fearβ.
π‘ Index Overview
The index ranges from 0β100 and is calculated using:
Volatility: 25%
Market trading volume: 25%
Social media sentiment: 15%
Market surveys: 15%
Bitcoin dominance: 10%
Google Trends analysis: 10%
π Persistent low readings indicate widespread panic among investors and caution in market activity.
π Quick Summary
π± Crypto Fear & Greed Index: 16 β Extreme Fear
π Market sentiment remains highly cautious
β οΈ Low index signals potential buying opportunities for risk-tolerant investors, but volatility is elevated
π December 19
Today, the Crypto Fear & Greed Index stands at 16 (down from 17 yesterday), keeping the market in a state of βExtreme Fearβ.
π‘ Index Overview
The index ranges from 0β100 and is calculated using:
Volatility: 25%
Market trading volume: 25%
Social media sentiment: 15%
Market surveys: 15%
Bitcoin dominance: 10%
Google Trends analysis: 10%
π Persistent low readings indicate widespread panic among investors and caution in market activity.
π Quick Summary
π± Crypto Fear & Greed Index: 16 β Extreme Fear
π Market sentiment remains highly cautious
β οΈ Low index signals potential buying opportunities for risk-tolerant investors, but volatility is elevated
π US Market | Crypto Stocks Rally in Pre-Market π
π December 19
Crypto-related stocks in the US pre-market are showing widespread gains:
Coinbase (COIN): +3.22%
Circle (CRCL): +3.32%
Strategy (MSTR): +3.94%
Bullish (BLSH): +1.94%
Gemini (GEMI): +1.57%
Bitmine (BMNR): +7.21%
SharpLink Gaming (SBET): +4.88%
Bit Digital (BTBT): +6.44%
ETHZilla (ETHZ): +1.42%
ALT5 Sigma (ALTS): +2.26%
π Quick Summary
π US crypto stocks rally in pre-market
πΉ Leaders: BMNR +7.21%, BTBT +6.44%, SBET +4.88%
β‘οΈ Broad optimism among crypto-related equities ahead of market open
π December 19
Crypto-related stocks in the US pre-market are showing widespread gains:
Coinbase (COIN): +3.22%
Circle (CRCL): +3.32%
Strategy (MSTR): +3.94%
Bullish (BLSH): +1.94%
Gemini (GEMI): +1.57%
Bitmine (BMNR): +7.21%
SharpLink Gaming (SBET): +4.88%
Bit Digital (BTBT): +6.44%
ETHZilla (ETHZ): +1.42%
ALT5 Sigma (ALTS): +2.26%
π Quick Summary
π US crypto stocks rally in pre-market
πΉ Leaders: BMNR +7.21%, BTBT +6.44%, SBET +4.88%
β‘οΈ Broad optimism among crypto-related equities ahead of market open
π¦π Citi Predicts Bitcoin Could Reach $143K in the Next Year
π December 20
Amid recent BTC price declines, Citi Group set its 12-month baseline forecast for Bitcoin at $143,000, up ~62% from the current $88,000.
Analysts Alex Saunders, Dirk Willer, and Vinh Vo highlighted:
Key support: $70,000
Upside scenario: Strong ETF demand and bullish market sentiment could push BTC to $189,000
Downside scenario: In case of a global recession, BTC may fall to $78,500
β‘οΈ Summary
Citi sees significant potential upside for Bitcoin in 2026 π
Price swings could be substantial, influenced by ETF demand and macroeconomic factors
Key support level remains at $70K, making it a critical price floor for traders π
π December 20
Amid recent BTC price declines, Citi Group set its 12-month baseline forecast for Bitcoin at $143,000, up ~62% from the current $88,000.
Analysts Alex Saunders, Dirk Willer, and Vinh Vo highlighted:
Key support: $70,000
Upside scenario: Strong ETF demand and bullish market sentiment could push BTC to $189,000
Downside scenario: In case of a global recession, BTC may fall to $78,500
β‘οΈ Summary
Citi sees significant potential upside for Bitcoin in 2026 π
Price swings could be substantial, influenced by ETF demand and macroeconomic factors
Key support level remains at $70K, making it a critical price floor for traders π