According to on-chain analyst Ai Yi's monitoring, the whale opened a short position after the 1011 flash crash, with a short-term unrealized loss of $22.43 million. Currently, the long positions' unrealized losses have narrowed to $12.97 million, with ETH's unrealized losses accounting for over 80%. After experiencing liquidation, Brother Magi recharged $200,000, and his ETH holdings now have an unrealized loss of $300,000, with some room before reaching the liquidation price.

Recently, major whales/institutions exchanged 163 BTC for 4717 ETH through THORChain. Within 18 days, a total of 1632 BTC was converted to 48634 ETH, amounting to 145 million, with an average ETH cost of $3011.

According to on-chain analyst Yu Yan's data, a whale holding a $230 million long position experienced an unrealized loss of $17.1 million after a dip in the early morning. The total position is currently $666 million, with long positions in ETH, BTC, and SOL all in an unrealized loss state.

Gate News bot message, Gate market display, ETH falls below 3050 USDT, current price 3047.19 USDT.

BlockBeats News, December 12 — BitMine Chairman Tom Lee recently stated that the Strategy company of Bitcoin encrypted treasury (DAT) establishing a $1.4 billion cash reserve is a "wise move." Although Strategy's stock price has fallen more than 50% over the past six months, this cash reserve will enable the company to continue paying shareholder dividends during Bitcoin price declines without selling its $61 billion Bitcoin holdings. Tom Lee pointed out that during the previous Bitcoin downturn cycle, Strategy's stock trading price was below its net asset value (NAV), and building a cash reserve was precisely to prepare for such situations. As the largest ETH treasury company holding over $12 billion worth of Ethereum, BitMine has not yet built

Gate News bot 消息，Gate 行情显示，ETH 跌破 3150 USDT，现价 3149.51 USDT。

Gate News bot message, Gate market display, ETH drops below 3200 USDT, current price 3199.69 USDT.

In the Ethereum (ETH) market, large-scale withdrawals from staking continue, with approximately 400,000 ETH (about $1.3 billion) returning to the market over the past 20 days. Although ETH prices fell by 2.8% during the day to $3,227 as of the 11th, they have maintained a weekly increase of 3.1%. However, macro uncertainty and staking outflows remain a drag on the price, and the market continues to lack a clear direction. Meanwhile, one of the world's largest Ethereum holding companies, BitMine, is accelerating its buybacks. Founder Tom Lee has called the fall below $3,000 a "bottoming signal," and last week alone, purchased 138,452 ETH (about $460 million). As a result, BitMine's total holdings have risen to approximately 3,864,000 ETH (3.2% of the total supply), further strengthening its presence as a DAT company.

On Thursday, the US stock market retreated, with Oracle's stock price plunging over 11%, marking the largest drop in nearly a year. The market is once again worried that the rapid growth of artificial intelligence (AI)-related capital expenditures, which far exceeds actual returns, could put pressure on the balance sheets of tech giants. In contrast, the cryptocurrency market performed relatively stably, forming a mild decoupling from the weak performance of tech stocks. Data shows that Bitcoin (BTC) has rebounded above $92,000, maintaining a slight upward trend after holding onto key support levels, rising approximately 2.6% for the day. Traders are more focused on the maintenance of trend structure, with capital flowing into large-cap assets and risk appetite remaining cautious. Ethereum (ETH) also rose to around $3,260, while SOL increased by over 6%, outperforming mainstream assets and indicating a market recovery in demand for high-volatility Layer-1 tokens.

PANews December 12 News, according to hyperbot data, Huang Licheng has just increased his ETH long position. The current position size has reached 8,000 ETH (worth approximately $26.05 million), an increase of 1,100 ETH from the initial operation of 6,900 ETH nine minutes ago. The current average opening price is $3,243.53, with an unrealized profit of about $114,100.

The overall cryptocurrency market slightly increased, with Layer2 rising 1.66%. Merlin Chain increased by 4.99%, Bitcoin rose 1.37% to 92,000, and Ethereum in the US slightly declined. Other sectors such as Meme, Layer1, and DeFi all saw gains, with Zcash surging by 17.85%.

According to PANews, a whale has increased its ETH long position in a short period, now holding 140,094.5238 ETH, worth approximately $453 million. At the same time, the whale has opened new SOL and BTC long positions, with a total holding size reaching $556 million and an unrealized profit of $9.3 million.

Gate News bot 消息，Gate 行情显示，ETH 跌破 3150 USDT，现价 3149.7 USDT。

The Federal Reserve cut interest rates by 25 basis points as scheduled, and the market reacted quickly, with Ethereum emerging as the biggest winner. Although Bitcoin hovered around $92,000, ETH successfully held its pre-meeting gains above $3,300, highlighting its sensitivity to liquidity cycles. This round of gains was not driven by leverage but by a structural reevaluation fueled by spot demand. CryptoQuant data shows that despite ETH prices rising, the funding rates in the derivatives market remain low, indicating that the typical high-leverage bubbles associated with upward movements have not appeared. On-chain data also supports this trend. Santiment reports that in the three weeks leading up to the Federal Reserve meeting, "whales" and "sharks" accumulated approximately 1 million ETH, worth over $3.1 billion. This suggests that institutions were betting early on a continued easing cycle by the Fed rather than aggressive tightening. Meanwhile, the approximately $66.5 billion in stablecoin reserves (dry powder) on exchanges provides strong potential buying pressure for the rally.

Ethereum (ETH) continues to rise driven by whale accumulation, the flow back of spot ETF funds, and an improvement in market risk appetite. The market is now focusing on whether the end-of-year rally can break through the $4,000 resistance level. As the Federal Reserve policy decision approaches, traders are closely watching macroeconomic conditions and on-chain indicators to assess whether the rally can continue. Recent market data shows that before the FOMC meeting, overall sentiment in the crypto market has improved, with Ethereum outperforming Bitcoin and other mainstream cryptocurrencies. Analysts point out that the price increase is mainly driven by large investors and institutional buying. US spot Ethereum ETFs have seen a rebound in capital inflows this week, reflecting growing institutional interest.

Led by Tom Lee, co-founder of Fundstrat, Ethereum vault company BitMine has once again increased its bet on Ethereum. According to Arkham data cited by EmberCN, BitMine purchased 33,504 ETH through FalconX on Wednesday, with a total value of approximately $112 million. Although the company has not officially confirmed the transaction, its recent accumulation pace aligns with its established strategy. BitMine is one of the world's largest Ethereum vault institutions. This year, it has continued to expand its holdings and reaffirmed its long-term goal — holding 5% of the total ETH supply. According to its latest 8-K filing, as of December 7, BitMine held 3,864,951 ETH, 193 BTC, $1 billion in cash, and $36 million in Eightco Holding shares (the company associated with the Worldcoin WLD token).

Gate News Bot Message, December 11th, according to CoinMarketCap data, as of press time, ETH (Ethereum) is currently trading at $3,207.13, down 3.51% in the past 24 hours, with a high of $3,446.62 and a low of $2,930.65. The 24-hour trading volume reaches $34.929 billion. The current market capitalization is approximately $387.085 billion, down $14.096 billion from yesterday. Ethereum is a leading platform for innovative applications and blockchain networks. As the largest and most active developer community within the Web3 ecosystem, Ethereum supports multiple programming languages such as JavaScript and Python, as well as smart contract languages like Solidity and Vyper. Currently, the DeFi ecosystem has a total value locked (TVL) of approximately $142.8 billion.

"The Ironheaded Duo Whale" currently holds 6,003,95 SEI long positions, approximately $825,000, with a slight loss. The total profit over the past week is $820,000, but there is a floating loss of $200,000 in the past month. Recent trades include profits from SUI long positions and losses from ETH long positions.

EXOD cryptocurrency wallet company's digital asset update as of November 30, 2025, shows holdings of 1902 BTC (down 245), 2802 ETH (up 18), and 31050 SOL (down 18517).

Golden财经 reports that Adam analyzes that the Federal Reserve's interest rate cuts and the restart of T-bills purchases help liquidity, but the crypto market's liquidity is poor, limiting the momentum to restart the bull market. Currently, BTC and ETH options data show that market sentiment is subdued, with an overall clear bearish trend. Investors should pay attention to the possibility of sudden positive market news.

The Aava community proposed an ARFC to deploy Aave V3 on MegaETH. The initial token list includes btc.b, ETH, USDM, cUSD, and iTRY. Aave Labs will also receive 30 million points from MegaETH to incentivize market distribution.

The report mentions that some whales are increasing their holdings, especially in BTC and ETH. Huang Licheng and CZ both hold large long positions with unrealized gains, while Hyperliquid's short positions are also increasing. The overall market dynamics indicate that whales are adjusting their strategies amidst volatility.

PANews December 11 News, according to on-chain analyst Yu Yan monitoring, a giant whale/institution has exchanged 1469 BTC cross-chain for 43647 ETH (approximately $131 million) through THORChain over the past half month, with the average price of the exchanged ETH at $3000.

Santiment's latest on-chain data shows that the Ethereum market has seen a clear position divergence in the past three weeks: whales and medium-sized holders have increased their holdings by a total of 934,240 ETH, while retail investors have sold a net of 1,041 ETH during the same period. This structural difference is reshaping ETH's supply and demand landscape and driving a gradual price recovery. The data shows that the number of addresses holding 100 to 100,000 ETH has continued to increase since early December, and the cumulative trend of this group coincides with the decline in ETH volatility, the slowdown in decline, and the rebound. The Ethereum price subsequently rose as a large number of buying orders entered the market, indicating that the actions of large holders are clearly supporting the price.