[glassnode: Increased Institutional Participation in Bitcoin, Tokenized RWA Scale Grows to $24 Billion in One Year] The Q4 digital asset report from glassnode reveals that new capital inflows into Bitcoin during this cycle reached $732 billion, with 1-year realized volatility nearly halved. The market has become calmer and larger in scale, with a significant increase in institutional participation. Over the past 90 days, Bitcoin settlement volume was approximately $6.9 trillion, comparable to or exceeding that of Visa and Mastercard. Funds are flowing into ETFs and brokers, with trading activity shifting off-chain, but Bitcoin and stablecoins continue to dominate on-chain settlements. The scale of tokenized RWAs has grown from $7 billion to $24 billion within a year, marking the most significant phase of institutional adoption. Tokenized funds are seen as one of the fastest-growing sectors by 2025, offering new opportunities for asset management companies and investors.

Monitoring shows that a giant whale extracted 17779 AAVEs worth $3.3 million from Kraken and supplied them to Aave V3. At present, the giant whale has purchased a total of 310617 AAVEs with a total value of 59.34 million US dollars. （Onchain Lens）

["Machi Big Brother" Closes HYPE Long Positions and Reduces ETH Holdings, with a Daily Unrealized Profit of Approximately $1.175 Million] According to Hyperbot data, "Machi Big Brother" Huang Licheng has fully closed his 10x leveraged HYPE long positions and reduced his 25x leveraged Ethereum long positions to 8,000 ETH, with a liquidation price of $2,874.22. Benefiting from the crypto market rebound, his overall positions currently show a daily unrealized profit of approximately $1.175 million. Additionally, 16 minutes ago, Huang Licheng placed three ETH limit sell orders in the $3,050 to $3,088.8 range.

On chain monitoring shows that the PENGU project's token deployment address has frequently transferred tokens since mid July, transferring approximately $3 million worth of PENGU to multiple CEX every few days. As of early this morning, a total of 3.8811 billion PENGUs worth approximately $108 million have been transferred out. During this period, the price of PENGU dropped from 0.04 US dollars to 0.01 US dollars. (Ashes)

[U.S. House Republicans Confirm 'Operation Choke Point 2.0' Targeting Bitcoin and Crypto Businesses] U.S. House Republicans have confirmed that 'Operation Choke Point 2.0' is aimed at Bitcoin and cryptocurrency businesses. The report indicates that the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) have exerted pressure on banks to distance themselves from the crypto sector through informal guidance, resulting in at least 30 institutions losing banking services. The report states that the U.S. Securities and Exchange Commission (SEC) has adopted a 'regulation by enforcement' strategy, failing to provide clear regulatory rules and instead restricting digital asset activities through selective enforcement. Documents reveal that relevant agencies have influenced bank behavior through methods such as 'no-action letters' and 'cease-and-desist letters,' forcing banks to exercise caution when engaging with crypto businesses.