[Suspected Lido Founder Address Sells ETH and Transfers to Wintermute] The suspected address of Lido founder Konstantin Lomashuk sold 14,585 ETH through multiple transactions before the market downturn yesterday, and subsequently transferred 47.2 million USDC to the Wintermute Deposit address.

This week, the U.S. released weak data across employment, wages, consumption, and industrial sentiment, and investors continue to bet on the Federal Reserve cutting rates twice next year. Whether the CPI data scheduled for release on Thursday will bolster rate cut expectations remains to be seen.

[A whale deposits 10,169 ETH into Binance, potentially earning $11.36 million if sold] A whale has deposited 10,169 ETH into Binance, valued at $29.77 million. If sold, the whale would earn a profit of $11.36 million.

[HashKey Holdings Officially Listed on HKEX Main Board, Stock Code 3887.HK] On December 17, HashKey Holdings Limited was officially listed on the Main Board of the Hong Kong Stock Exchange, with the stock code 3887.HK. Hong Kong Financial Secretary Paul Chan, HKEX Chairman Laura Cha, HashKey Chairman Xiao Feng, and Director Lu Weiding, among others, attended the bell-ringing ceremony. Xiao Feng stated that HashKey will adhere to the path of compliance and continue to enhance its infrastructure capabilities. This public offering introduced nine cornerstone investors, including America AM Singapore, Fidelity, and CDH Investments.

Repeated distribution waves from long-term holders highlight how this bitcoin cycle is breaking from historical norms. What to know : Bitcoin long-term holder supply has fallen to 14.34 million BTC, its lowest level since May, marking the third wave of long term holder selling this cycle after earlier distribution around ETF approvals and the move to $100,000 after President Trump's election win. Unlike prior bull markets that saw a single blow off distribution phase, this cycle is characterized by multiple LTH sell waves that have been absorbed by the market.