Ross Ulbricht, Silk Road founder pardoned by Trump, calls to 'free' early Bitcoin evangelist Roger Ver

According to AiCoin's real-time on chain monitoring, from 13:01-13:02 (UTC+8) today, the "hardcore short whale" reduced its BTC short position by 20 BTC, valued at $1.82 million. Accumulated profit of $406400. As of press time, the value of its BTC short position is $7.656 million, with a floating profit of $17.1776 million. In addition, the giant whale has pending orders worth approximately $87.6 million that have not yet been executed. Whale address: 0x5d2f4460ac3514ada79f5d9838916e508ab39bb7

[BEAT Team-Linked Wallet Transfers Tokens Worth $1.2 Million to Gate, Possibly for Cash-Out Profit] Approximately 17 hours ago, a wallet address linked to the BEAT team sent tokens worth a total of about $1.2 million to the cryptocurrency exchange Gate. These tokens are currently still held at the exchange's deposit address. Some wallets holding BEAT tokens have tested small transactions, and further trading operations may follow to cash out for profit.

[Abraxas Capital Closes Over $200 Million in ETH Short Positions and Increases HYPE Spot Holdings] HyperInsight monitoring shows that in the past two days, the Abraxas Capital address closed approximately $10.26 million in ETH short positions. The current position is around $51.57 million, with unrealized gains of $6.68 million and funding rate profits of $13.61 million. Since early November, Abraxas Capital has cumulatively closed $217 million in ETH short positions, subsequently reallocating part of the funds to increase HYPE spot holdings. The current HYPE spot position is approximately $53.84 million, and among positions exceeding $200,000, only ETH, HYPE, and FARTCOIN short positions remain.

[Wall Street Expects Powell to Deliver a 'Hawkish Rate Cut' This Week, Fed's Internal Divisions Intensify] Wall Street expects Powell to deliver a 'hawkish rate cut' this week, meaning a rate cut this month while avoiding signaling a rate cut in January next year to appease hawks. Analysts at Bank of America believe Powell is facing internal divisions and will attempt to balance rate cut expectations with a hawkish stance. JPMorgan Chief U.S. Economist Michael Feroli predicts Powell will emphasize that interest rates are near neutral levels and that additional easing policies will depend on a substantial deterioration in the labor market.

[Matrixport: Bitcoin stabilizes in the short term but faces difficulty breaking through, key range at $91,500] As the December 10 FOMC meeting approaches, Bitcoin has stabilized but it is not sufficient to confirm the start of a new upward trend. The options market pricing implies approximately 5% downside risk, indicating that funds are still hedging against potential pullbacks. The year-end market is in a deleveraging phase, with short-term rebounds seen as opportunities to reduce positions. Liquidity is expected to tighten around Christmas, with the current key range for bulls and bears located at $91,500. Overall, volatility is expected to continue converging, and the probability of a strong breakout immediately following the FOMC meeting is relatively low.