According to Nansen data monitoring, a newly built wallet extracted 775.11 BTC worth approximately $67.23 million from Binance, with a receiving address of bc1qzg4jrxppjflcwu4dy3hcdvqmz4n8vtpfcscmpp. （Onchain Lens）

[Approximately $260 million worth of 3,000 Bitcoins transferred to Binance] Whale Alert monitoring data shows that 3,000 BTC (approximately $260 million) were transferred from an unknown wallet to Binance.

[Matrixport Indicates Altcoin Rebound Did Not Sustain and Bitcoin's Short-Term Momentum Weakens] Matrixport analysis points out that although the decline in Bitcoin's market dominance once led to a temporary rebound in altcoins, the rebound failed to sustain as the overall crypto market capitalization weakened. Over the past year, altcoins have generally underperformed, with market preference still concentrated on Bitcoin. Currently, Bitcoin's short-term momentum is weakening, and risk appetite recovery remains limited, suggesting that altcoin trends may primarily feature structural divergence. At this stage, trading should focus on top-tier assets with better liquidity and trading depth, while strengthening risk control and position management. The market has gradually shifted from a 'long-term holding + dollar-cost averaging' approach to an environment emphasizing timing entry and active trading.

[dYdX Governance Team Proposes Distributing $100,000 in DYDX to Liquidation-Affected Users in the First Two Weeks of December] The dYdX Foundation posted on Platform X stating that the dYdX governance team is reviewing a proposal to distribute a total of $100,000 in DYDX tokens to the top 100 traders who incurred actual losses due to forced liquidations in the first two weeks of December. This is the first bi-weekly distribution of funds under the $1 million liquidation reimbursement pilot program already approved by the community.

According to Onchain Lens monitoring, a giant whale deposited $1.57 million in USDC into HyperLiquid. The whale subsequently opened a BERA short position with 5 times leverage. （Onchain Lens）