On-chain analyst Ai Yi reports that a certain whale deposited 40 million USDC into Hyperliquid again after the 1011 flash crash, planning to buy 19,108.68 ETH at $3,280, and has already realized an unrealized profit of $17.72 million. The total position value has reached $269 million.

According to monitoring by HyperInsight, the whale address has been frequently accumulating ETH and BTC, with spot and long positions totaling $6.24 million. Since October, this address has gone long more than 30 times consecutively, accumulating a loss of approximately $6 million, but has seen some profits in the past 7 days.

Since early November, Ethereum (ETH) has rebounded more than 20% after hitting a local low of around $2,620, and as of December 9, it has returned above $3,000. However, both technical patterns and on-chain data are signaling further downside, suggesting that ETH prices may weaken again in the coming months. From a technical perspective, ETH is currently forming a classic inverse cup-and-handle pattern, which typically signals a deeper correction and points to a mid-term target of around $1,500. This pattern began after ETH peaked near $4,100 in August and subsequently declined, breaking below both the 50-day and 200-day exponential moving averages, gradually forming a rounded top. Entering the "handle" phase, ETH has been moving within an ascending channel but has repeatedly faced resistance around the $3,150 region, struggling to break through in the short term, with the 50-day moving average also acting as resistance in this range. If ETH breaks below the current lower boundary of the channel around $2,900, it will confirm the continuation of the downtrend, technically validating the $1,500 target of the inverse cup-and-handle pattern. This range also overlaps with a key support area for Ethereum since the beginning of 2024, further amplifying the risk. Unless the price regains the $3,300 to $3,450 range, ETH’s overall trend remains tilted to the downside.

BitMine Immersion Technologies continues to make large purchases of Ethereum, even as market sentiment remains tense and ETF funds keep flowing out. The company, chaired by Tom Lee, has now become the world’s largest corporate holder of Ethereum and has significantly increased its ETH holdings over the past week. According to the latest data, BitMine purchased 138,452 ETH in one week, a 156% increase from the previous period, bringing its total holdings to 3.86 million ETH. This accounts for more than 3.2% of Ethereum’s circulating supply and brings the company two-thirds of the way toward its goal of controlling 5% of ETH’s supply. Since October, ETH prices have dropped nearly 25% in total, but BitMine has persisted in buying, demonstrating a clear long-term bullish stance.

Today's December FOMC meeting has become the focus of global markets, with investors closely tracking the Federal Reserve's interest rate decision and economic forecasts to assess the direction of monetary policy in 2026 and evaluate its potential impact on crypto assets such as Bitcoin and Ethereum. Market predictions put the probability of a 25 basis point rate cut at as high as 80% to 92%. If realized, the federal funds rate range will drop to 3.50% to 3.75%, marking the third rate cut this year. The likelihood of a pause or unexpected rate hike is extremely low, but any deviation from expectations in the decision could still trigger significant market volatility.

Odaily Planet Daily News: According to a post by Ethereum community member Joseph Young on X, data from Artemis shows that over the past three months, Ethereum ranked first among public blockchains in terms of stablecoin net inflows, with approximately $12.5 billion worth of stablecoins flowing into the Ethereum network. There is no doubt that ETH is currently dominating the stablecoin market. Note: Solana and Plasma ranked second and third, respectively.

The price of Bitcoin hovered around $90,400 on Tuesday, with the market gradually stabilizing after experiencing its weakest November performance since 2018. Market data shows that over the past 24 hours, Bitcoin edged up 1%, Ethereum rose 0.2%, and other major altcoins saw mixed movements. BNB increased by nearly 1%, XRP dipped slightly, and Solana fell by about 0.6%. Although liquidity remains weak ahead of the Federal Reserve's decision, the overall rebound momentum continues. The latest market time zone data has attracted attention. A Presto Research report points out that the European trading session has been the main driver behind this month's 20% to 25% drop in Bitcoin and Ethereum, with negative returns significantly higher than in other regions. The Asian and US markets have remained largely flat, indicating that during the crypto market's deleveraging process, capital behavior varies noticeably across different regions.

U.S. investment analyst Mike Zaccardi plans to repurchase Ethereum (ETH), believing that technical indicators show the correction is about to end and ETH is performing strongly against Bitcoin. He mentioned that historically, ETH has performed well from December to May, and he plans to limit his ETH ETF position to 0.5% of his portfolio.

MetaMask wallet mobile version has launched long and short trading features, supporting perpetual contract trading for US stocks and other stock markets. Users can top up via EVM-compatible chains and directly trade over 150 types of tokens without relying on centralized exchanges or additional DApps.

Negentropic, co-founder of on-chain analytics platform Glassnode, pointed out that ETH is breaking through the 50-day moving average and showing a strong rebound trend, with the bearish window having disappeared. He believes that as global liquidity shifts toward expansion, cryptocurrencies will benefit, and historically, rising hard asset prices have boosted Bitcoin's performance.

Ethereum (ETH) has regained upward momentum after several weeks of consolidation, with its price breaking out of the descending wedge formed from July to late November. Buyers stabilized the price in a key support area, providing a foundation for the technical structure, while significant institutional inflows have boosted market confidence, laying the groundwork for ETH's push toward $4,000. Currently, ETH is trading at around $3,201, with key resistance levels at $3,500 and $3,750. If the price breaks through $3,500 and holds, buyers may continue the rebound; a breakout above $3,750 could see ETH aim for $4,000. Technical indicators show bullish signals: the Parabolic SAR is below the candlesticks, the MACD line is above the signal line with a green histogram, indicating sustained buying pressure, and the price continues to set higher lows, supporting a medium- to long-term upward trend.

According to a report by Jinse Finance, as disclosed by Cointelegraph, this month, within Ethereum ecosystem-related projects, Chainlink, Status, and Ethereum ranked as the top three in developer activity, followed closely by Decentraland, Internxt, Holo, Lido, Curve, Livepeer, and The.

Gate News bot message, A significant cryptocurrency movement has been recorded as a whale address executed a substantial withdrawal of 5,000 ETH, equivalent to $15.51 million, from centralized exchanges. The transaction was conducted by the wallet address: 0x8bEb929cCFEa91b1E057c6143A7913AFEa915Aa4

According to Gate News bot, Gate market data shows that ETH has fallen below 3100 USDT, with the current price at 3098.23 USDT.

BlockBeats 消息，12 月 8 日，Glassnode 在社交媒体上发布数据称，自 11 月初以来，以太坊网络的每日总支付费用（90 日移动平均）已降至 300 ETH/天以下，创下自 2017 年 7 月以来的最低水平。

Odaily Planet Daily news: BitMine Immersion Technologies, Inc. announced on December 8, 2025, that the company's total holdings of crypto assets, cash, and "moonshot" investments reached $13.2 billion. As of 4:00 PM ET on December 7, the company's crypto asset holdings included 3,864,951 ETH (valued at $3,139 each), 193 BTC, and $36 million in shares of Eightco Holdings (NASDAQ: ORBS), as well as $1 billion in cash. The company's ETH holdings now exceed 3.2% of the total ETH token supply, with a target to accumulate 5%. The company's chairman T

BlockBeats 消息，12 月 8 日，彭博社 ETF 分析师 Eric Balchunas 在社交媒体上发文表示，贝莱德已向美国 SEC 递交 iShares Staked Ethereum Trust ETF 的正式招股书（Form S-1），这将成为其第四只加密相关 ETF 产品。此前贝莱德已申请现货比特币、现货以太坊及「比特币收益型」ETF。

Tom Wan, Head of Data at Entropy Advisors, stated that after the Fusaka upgrade, Blob Gas prices surged significantly, but the base fee remains as low as around $0.03. At the same time, the predictability and stability of Blob prices have been enhanced, which benefits L2 projects and institutional cost estimation.

Ethereum co-founder Vitalik Buterin has recently proposed the creation of a “trustless on-chain gas futures market,” aiming to allow users and developers to lock in future gas costs in advance to hedge against uncertainties caused by transaction fee volatility. This proposal quickly sparked heated discussions within the community and drew skepticism from several industry experts. Buterin stated on X that although Ethereum has significantly reduced network congestion through several recent scaling upgrades, users are still concerned about whether transaction fees will remain low over the next two years. He suggested establishing a system similar to a “base fee prediction market,” enabling users to pre-purchase gas for specific time periods and allowing the market to transparently reflect expectations for future gas fees. Gas fees have long experienced sharp fluctuations due to changes in network activity. During periods of high activity in NFTs, DeFi, or popular tokens, fees often spike rapidly, making it difficult for users to plan costs in advance. With Ethereum’s recent Fusaka upgrade, the block gas limit has been raised to 60 million and network structure has been optimized, leading to some easing of gas volatility, but the long-term trend remains uncertain.

Gate News bot 消息，Gate 行情显示，ETH 突破 3150 USDT，现价 3150.31 USDT。

Ethereum co-founder Vitalik Buterin has proposed building a trustless on-chain gas futures market to address the long-standing issue of fee volatility on Ethereum. In a recent post on X, he stated that users and developers constantly ask whether Ethereum’s future fees will be manageable. Thus, he introduced this mechanism aimed at enhancing cost predictability by allowing users to lock in gas prices in advance. Buterin pointed out that on-chain gas futures would function similarly to traditional commodity futures markets, enabling users to purchase gas at a fixed price for a specified future period, thereby hedging against the risk of fee spikes. He explained that users could make “prepayments” for gas they intend to use in the future, which would make it easier for them to plan costs when executing large numbers of transactions or operating dApps, especially before periods of peak network demand.

Ripple's stablecoin RLUSD recently saw its market cap on Ethereum rise to around $1.1 billion, making it one of the fastest-growing cross-chain stablecoins. This breakthrough has attracted widespread attention in the crypto industry, with analysts believing that multi-chain deployment has become one of Ripple’s most important strategic decisions this year. Analyst Wendy O pointed out that deploying RLUSD on both Ethereum and the XRP Ledger (XRPL) is Ripple’s “smartest move,” as the crypto industry is moving toward a comprehensive multi-chain ecosystem. She believes that more and more projects will follow RLUSD’s approach to enhance the usability and cross-chain interoperability of their own assets.

Odaily Planet Daily News: According to on-chain analyst Ai Yi's monitoring, the "Ironhead bull trader who went long 36 times consecutively from 11.03 to 11.26" has returned to the bullish camp. Three hours ago, this trader opened three long positions in ETH/SUI/FARTCOIN, with a total position value of $20.28 million and a current unrealized profit of $188,000. Among them, the ETH position is worth $9.39 million, holding 3,000 ETH, with an average entry price of $3,116.98. After going long 36 times in a row, this trader has recently switched to a long-short alternating trading strategy.

Driven by expectations that the Federal Reserve may cut rates by 25 basis points this week, cryptocurrencies rose in tandem with Asian stock markets on Monday. Bitcoin prices edged up to around $91,300, gaining 2% over the past 24 hours and up more than 6% over the past week, continuing last week’s rebound. However, BTC still faces significant resistance near $94,000. FxPro analyst Alex Kuptsikevich pointed out that this rally is still part of a corrective structure, but if momentum continues, Bitcoin has a chance to further test the $98,000 to $100,000 range.

Philippine digital bank GoTyme launches cryptocurrency services in partnership with Alpaca, allowing users to buy and sell 11 types of crypto assets within the app, with automatic exchange rate conversion supported for transactions. GoTyme focuses on simplicity and plans to expand to Vietnam and Indonesia, with no plans to optimize for profitability before 2027.

Recently, two addresses of Abraxas Capital have been continuously closing ETH short positions, with a total closed amount of $217 million. The current position size is $51.57 million, with an unrealized profit of $6.68 million. At the same time, part of the funds has been used to increase holdings of HYPE spot, indicating a proactive adjustment strategy in the market.

ChainCatcher reports that the whale "1011 Insider" has increased their position to approximately 54,514 ETH after opening a 5x leveraged long position in Ethereum last night, through a series of very rapid and decisive additional buys and order placements. The liquidation price is around $1,801. Since opening the long position, the spot price of ETH has risen from the $2,950 range to the $3,105 range, an increase of over 5%. Given the current lack of market liquidity, this scale and approach could have an impact on the broader market.

BlockBeats 消息，12 月 8 日，据链上分析师 Ai 姨（@ai9684xtpa）监测，3027 美元处「抄底」ETH 的巨鲸开始止盈，过去 2 小时他在链上以均价 3066.4 美元卖出 2136 枚 ETH（约 655 万美元），该部分盈利 8.3 万美元；该巨鲸及关联地址目前仍持有 7290 枚 ETH，总价值 2261 万美元。