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December 6, 2025 cryptocurrency briefing, covering core information such as market trends, institutional dynamics, and whale actions: 【100🧧】
1. Bitcoin fell below the $90,000 mark, dropping to around $88,069 at one point during the day, with a 24-hour decline of over 3%. Meanwhile, over 130,000 people across the network faced liquidation, with total liquidation amounts exceeding $400 million.
2. Coinbase Institutional predicts that the cryptocurrency market will recover in December, stating that current liquidity is improving, with the probability of the Federal Reserve cutting interest rates reaching 92%. Combined with factors like the artificial intelligence bubble not bursting, the market is expected to see a trend reversal.
3. Bitcoin short whale kyoyo.eth has an unrealized profit of about $20 million, with the whale's current position valued at $80 million. This whale has previously opened short positions on BTC on Hyperliquid, profiting over $54 million from shorting and currently has not closed these positions.
4. OKX announced the launch of Midnight (NIGHT) spot trading, with top-up available starting December 6 at 12:00, and a collective bidding from 17:00 to 18:00 on December 9, with formal NIGHT/USDT spot trading starting at 18:00.
5. BlackRock invested $28.78 million to purchase Ethereum, currently holding over 3.94 million ETH, making it the third-largest holder in the world. It views Ethereum as a key infrastructure for digital products rather than a speculative asset.
6. A whale spent $13.89 million to acquire assets from Binance and Kraken, currently holding a position valued at $74.83 million, covering multiple mainstream and popular currencies including LINK, ETH, and ENA.
7. Strategy transferred 6,536 BTC to Fidelity, completing this transfer operation valued at over $600 million in the past 48 hours. Currently, 28.2% of the company's Bitcoin holdings are custodied by Fidelity.
8. Notable investor Kevin O'Leary is bearish on most altcoins, stating that the vast majority of altcoins have no real value and will eventually disappear, with only Bitcoin and Ethereum possessing long-term survival capabilities.
9. Grayscale submitted an S-1 registration statement for the SUI spot ETF to the SEC, a move that may drive more market attention to the SUI token, potentially impacting its future liquidity and valuation.
10. A whale wallet that has been dormant for 14 years has awakened, with the address starting with 1Au1uZ transferring 1,000 Bitcoins to a new wallet, raising market attention on the liquidity of early-held Bitcoins. $BTC {future}(BTCUSDT) $SOL
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$PIPPIN The market has been stagnant from yesterday to now, and not much has changed. The costs have been high, do the bears still have confidence? {future}(PIPPINUSDT)
What is this? The On-chain Order Book is a model of a decentralized exchange (DEX) that stores all orders (buy and sell requests) directly in the blockchain smart contract, and the execution of these orders also happens on-chain. Simply put, this is a reproduction of the traditional, familiar mechanism of stock trading (like on Binance or NASDAQ), but with the difference that the entire process (from placing an order to its execution) is transparent, immutable, and executed directly on the blockchain.
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