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1Crypto, TradFi sentiment improves: Will Bitcoin traders clear shorts above $93K?2Bitcoin catches a bid, but data shows pro traders skeptical of rally above $92K3Bitget Daily Digest (Dec. 9)|Michael Saylor is promoting a Bitcoin-backed banking system to governments; the CFTC has launched a digital asset pilot program allowing BTC, ETH, and USDC to be used as collateral
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- 04:03Data: BTC OG insider whale ETH long positions surged by over 50 million USD in a short period, with the average price rising to 3,069 USDAccording to ChainCatcher, Coinbob's popular address monitoring shows that in the past half hour, the BTC OG insider whale (0xb31) significantly increased its ETH long position at $3,120, expanding its position size from $155 million this morning to $209 million, an increase of over $50 million. The current average price has been raised to $3,069, with a liquidation price of $2,069, and an unrealized profit of $3.8 million (9%). There are still 2,900 contracts yet to be filled. At midnight today, this address partially closed about $14.06 million in ETH long positions. Previously, from the night of December 7 to the morning of December 8, the BTC OG insider whale transferred $70 million from an exchange wallet to Hyperliquid and then opened a 5x leveraged ETH long position, marking the largest position opening in the past 30 days. Additionally, monitoring shows that on December 1, addresses associated with the BTC OG insider whale (0xf6f), (0xF74), and (0x411) cumulatively borrowed $220 million USDT from Aave and sent it to an exchange wallet, with the 0xf6f address having staked over 126,000 ETH in total. On that day, ETH hit a 10-day low of around $2,718 before continuing to rise. The BTC OG insider whale is a BTC OG address that had been dormant for 8 years and once held over 50,000 BTC. Its operations have repeatedly coincided with Trump’s statements and US policy trends. For example, hours before the sharp drop on October 11, it set up a $500 million BTC short position, earning nearly $100 million and attracting market attention. An exchange CEO, Garrett Jin, stated that this address is associated with some of their clients.
- 03:40Bankr co-founder: There is no error in Polymarket trading volume data; Paradigm's smear is because it is an investor in Kalshi.Jinse Finance reported that Bankr co-founder deployer posted on X, stating, "There is an issue of duplicate event data statistics on external data panels, while there is no fundamental error in Polymarket's trading volume data itself. Paradigm is actually using this as an excuse to deliberately smear a competitor—ultimately because Paradigm is an investor in Kalshi. In my view, this behavior is truly despicable and vile."
- 03:34A certain whale deposited 4,933 Ethereum to a certain exchange one hour ago, worth approximately $15.32 million.According to Jinse Finance, monitored by The Data Nerd, one hour ago, a whale address 0xfd2 deposited 4,933 Ethereum (approximately $15.32 million) into a certain exchange. This address began accumulating these Ethereum tokens as early as three years ago, with an average entry cost of about $1,270 per token. Based on this calculation, the realized profit from this transaction would reach $9 million, with a return on investment as high as 144%.
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