[A Whale Deposits 7 Million USDC into HyperLiquid and Opens HYPE Long Position] According to Onchain Lens data, in the past 24 hours, a whale deposited 7 million USDC into HyperLiquid and opened a HYPE long position with 5x leverage. The nominal value of the position is $24 million, the opening average price is $31.9, and the liquidation price is $22.16. Currently, the unrealized loss is approximately $1.9 million.

Bitcoin Giant Strategy has established $1.44 billion in reserves, but may still sell Bitcoin (BTC). （Decrypt）

The price of Solana (SOL) has fallen below $125. （Watcher.Guru）

[Hong Kong Stablecoin Company First Digital Plans to Go Public via SPAC Merger] Hong Kong stablecoin company First Digital Group plans to go public through a merger with Special Purpose Acquisition Company (SPAC) CSLM Digital Asset Acquisition Corp III. It is reported that First Digital Group will announce the signing of a letter of intent outlining the merger plan.

[Hats Finance Announces Shutdown of Operations, Custodial Services to Go Offline on December 31, 2025] Hats Finance has announced that it will cease both front-end and back-end custodial services on December 31, 2025, citing issues such as sustainability challenges, lower-than-expected demand for the HATS token, insufficient smart contract security budgets to keep up with DeFi developments, and the maturity of AI security tools and reusable smart contract modules reducing demand. The Hats protocol will remain deployed on-chain and managed by the DAO, with core contracts continuing to operate. An IPFS version of the front end is currently available, but the team cannot guarantee its continued accessibility. Users who wish to withdraw funds are advised to initiate requests via the custodial interface by December 17, 2025, or interact directly with the contracts.