Galaxy Digital: Expected Bitcoin options active trading activity to last until January 2027

[DWF Labs: Crypto Market to Transform into a Balance Sheet-Driven Structure by 2025] DWF Labs stated that after the crypto market undergoes over $19 billion in liquidation events by 2025, excessive leverage will be eliminated, and the market structure will shift from speculation-driven to balance sheet-driven. The supply of stablecoins has grown by more than 50% year-on-year, with over $20 billion allocated to yield-bearing stablecoins, indicating that the crypto industry is moving toward asset management. The scale of on-chain real-world assets has expanded from approximately $4 billion to $18 billion, while the share of derivatives trading on DEXs and CEXs has increased fourfold. The crypto market is accelerating its transformation into a trusted financial infrastructure.

[Matador Technologies Approved to Raise CAD 80 Million to Increase Bitcoin Holdings] Canadian publicly listed Bitcoin treasury company Matador Technologies announced that it has received approval from the Ontario Securities Commission to raise funds through equity offerings. The company plans to raise CAD 80 million within 25 months by issuing common shares, warrants, subscription receipts, and bonds. The new funds will be used for general corporate purposes and to increase Bitcoin holdings. Currently, the company holds 175 Bitcoins, with a target to increase its holdings to 1,000 Bitcoins by the end of 2026.

A victim lost nearly $50 million USDT in an address poisoning attack by copying a forged wallet address from transaction records. It is recommended that users carefully verify the complete wallet address before transferring funds. （Cointelegraph）

On December 23, according to Hyperinsight monitoring, 'Machi' reduced 600 ETH long positions in the past 3 hours, bringing holdings down to 6,426 ETH, approximately $19.42 million, with unrealized gains of $267,000 and a liquidation price of $2,850. Additionally, 'Machi' holds 60,000 HYPE long positions, approximately $1.5 million.

[A Whale Deposits 3.8 Billion PUMP into FalconX, with an Unrealized Loss of $12.22 Million] On December 23, according to Onchain Lens monitoring, a whale deposited 3.8 billion PUMP into FalconX after holding it for 3 months. The deposit is valued at $7.57 million, with an unrealized loss of $12.22 million. These PUMP tokens were originally worth $19.53 million when withdrawn from Binance.