[A whale deposits 2.6 million USDC into Hyperliquid to open a LIT short position] According to Onchain Lens monitoring, a whale deposited 2.6 million USDC into Hyperliquid to open a 1x leverage LIT short position.

On December 26th at 16:00 (UTC+8), Bitcoin options with a nominal value of approximately $23.4 billion expired, marking the largest single day delivery scale in history, with a maximum pain point of $95000. According to the data of open contracts, the current call/put ratio of Bitcoin options is 0.36, and the nominal exposure of call options is significantly dominant. Among them, call options are highly concentrated in the exercise price range of $100000 to $120000, while put options are densely distributed around $85000.

According to the popularity ranking, LIT's popularity has increased by 30000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① LIT （$9.65，14.07%） ② BEAT （$1.80，-37.50%） ③ ZEC （$447.73，9.28%） ④ ACT （$0.03945，1.89%） ⑤ ETH （$2928.76，0.19%） The buying power of LIT's main funds is average, with a net inflow of $363.10 within 24 hours and a transaction volume of $173500 within 24 hours, of which the main funds have a net inflow of $0.00.

[USDC Treasury Mints 60 Million USDC on Ethereum] According to Whale Alert data monitoring, USDC Treasury has minted 60 million USDC on the Ethereum blockchain.

[Trend Research Holds 645,000 ETH with an Unrealized Loss of $242 Million] On-chain data shows that the institution suspected to be under Yi Lihua, Trend Research, has started a new round of Ethereum accumulation since early November. It currently holds approximately 645,000 ETH (around $2.1 billion), making it the third-largest Ethereum holding entity after Bitmine and SharpLink. Its average purchase price is $3,299.43, with an unrealized loss of about $242 million. If the 'additional $1 billion purchase' plan is implemented, Trend Research is expected to become the second-largest Ethereum holding entity. The main accumulation occurred in November, accounting for over 88% and involving at least seven major addresses.