['Machi' Huang Licheng's Ethereum Long Position Faces Over $500,000 in Unrealized Losses] On December 26, according to HyperInsight monitoring, the Ethereum long position held in 'Machi' Huang Licheng's address has incurred over $500,000 in unrealized losses. Huang Licheng opened a long position of 8,100 ETH with 25x leverage at an entry price of $2,972.52, with a liquidation price of $2,870.73. His address has lost $500,000 in the past 7 days and $3.91 million in the past month.

OKX-ETH/USDT is currently trading at $2901.64, with a 5-minute drop of 0.40%. Please be aware of market fluctuations.

[ABN AMRO Secures MiCAR License and Completes Blockchain Derivatives Transaction] The German subsidiary of ABN AMRO, Hauck Aufhäuser Digital Custody, has obtained authorization under the EU's Markets in Crypto-Assets Regulation (MiCAR) to provide crypto asset custody and trading services for institutional clients, with plans to expand to other EU member states. MiCAR will officially come into effect on December 30, 2024, and ABN AMRO is among the early licensed institutions. At the same time, ABN AMRO and DZ BANK completed their first cross-border over-the-counter 'Smart Derivatives Contract' (SDC) transaction based on blockchain technology. The transaction lasted 10 days, with settlement, valuation, and collateral management automatically executed on-chain, while payments were processed instantly via SEPA and relayed back to the smart contract. ABN AMRO stated that regulatory compliance and on-chain financial infrastructure are key components of its efforts to advance digital assets and financial innovation in Europe.

[HeyElsa Plans Token Generation Event in January 2026] The crypto AI Agent protocol HeyElsa released its 2025 year-end review, revealing plans to conduct a Token Generation Event (TGE) in January 2026 and distribute ELSA tokens to the community. As of the end of 2025, HeyElsa's on-chain transaction volume has exceeded $300 million. The eligibility checker for rewards is expected to go live in early January, with the official team conducting anti-sybil checks before finalizing eligibility. After the TGE, HeyElsa will launch initiatives such as a trading arena, a rewards system, and a Base network arena. HeyElsa previously completed a $3 million funding round in June 2025, led by M31 Capital with participation from Coinbase Ventures and others.

[glassnode Co-Founder Says Bitcoin Price Trend is Positive, Derivatives Trading Pressure Eases] glassnode Co-Founder Negentropic posted on the X platform, noting that Bitcoin's overall price trend is showing a positive trajectory, with sustained buying pressure during pullbacks and recent lows holding firm. He stated that the heavy burden of derivatives trading has dissipated, as the largest Bitcoin options expiration in history just passed, with a notional value of approximately $23.6 billion. In recent weeks, hedging dynamics have put pressure on prices, with most upward attempts being mechanical rather than organic growth. As capital flows subside, Bitcoin's price structure is no longer dominated by hedging activities, and the price discovery mechanism is beginning to recover. On a macro level, the U.S. M2 money supply grew by 4.3% year-over-year in November, reaching $22.3 trillion, marking the 21st consecutive month of expansion, with the trend of fiat currency depreciation showing no signs of stopping.