BTC breaks through the $88000 mark

[The People's Bank of China Conducts 7-Day Reverse Repo Operation of 17.71 Billion Yuan] The People's Bank of China conducted a 7-day reverse repo operation of 17.71 billion yuan today, with a bidding amount of 17.71 billion yuan, a winning amount of 17.71 billion yuan, and an operating interest rate of 1.40%, unchanged from the previous rate.

[Yesterday, ETHE had a net outflow of $33.8 million, while Grayscale ETH had a net inflow of $3.3 million] On December 25, according to Farside monitoring, ETHE had a net outflow of $33.8 million yesterday, while Grayscale ETH had a net inflow of $3.3 million.

[Brevis Announces BREV Tokenomics Allocation Plan] Brevis has announced the tokenomics for BREV, with a total supply of 1 billion tokens. Of this, 37% is allocated for ecosystem development, 32.2% for community incentives (validators, stakers, and community contributors), 20% for the team, and 10.8% for investors. The portions allocated to the team and investors will be locked for one year, followed by a 24-month linear unlocking period.

[FOGO Surges 550%, Hyperliquid Experiences Liquidation and Profit Event] On December 25, FOGO on the Hyperliquid platform surged 550% within 15 minutes, with approximately $1.49 million worth of FOGO short positions being liquidated. This wave of liquidations triggered an automatic deleveraging (ADL) event for a long position wallet, resulting in a profit of approximately $500,000 in less than 30 minutes. The wallet established its long position using the TWAP method and was created about 7 hours earlier (Wallet address link: https://((hypurrscan.io))/address/0xb2f42334fffc3947b4c79c7e3dc3d387d391f148). Additionally, a wallet attempting to short FOGO was liquidated by the system during the short squeeze, incurring a loss of approximately $100,000 in USDC margin (Wallet address link: https://((hypurrscan.io))/address/0x4013eb7da81902a556146861dc50e9c0f515238d).

On chain monitoring shows that the address 0xf000 is suspected to belong to Multicoin Capital. A day ago, it transferred 30 million USDC to the Worldcoin team wallet and received 60 million WLD from the Worldcoin team wallet 7 hours ago, with a total value of approximately $29.06 million. (Ashes)