ETH prices briefly dropped to $3175 on December 11 before rebounding, according to Coinbob's monitoring. The drop caused the ETH long position of the whale address 'BTC OG Insider Whale' (0xb31) to fall below its average price of $3177, with a current holding size of $383 million and liquidation price at $2235. The address gained $25.3 million at its peak earlier the same day before the decline. On December 7-8, it transferred $70 million from Binance to Hyperliquid to open a 5x leveraged ETH position at an average price of $3048 and added another $50 million to the position yesterday.

FTX and Alameda have unstaked a total of 194,861 SOL tokens, valued at $25.5 million. Lookonchain monitoring reports the unstaking occurred approximately three hours ago on December 11.

On December 11, MUFG highlighted that the Federal Reserve reduced interest rates by 25 basis points in a 9-to-3 vote, with Chair Powell emphasizing labor market risks. The Fed projected that product inflation might peak by the first quarter of 2026 without the introduction of new tariffs, though risks of persistency remain. According to the latest dot plot, the Fed anticipates only one rate cut by 2026, contrasting sharply with market expectations of around 55 basis points. Powell stated that the Fed is in a strong position to observe U.S. economic trends with patience. MUFG further noted that possible leadership changes next year could complicate policy direction and heighten market uncertainties.

On Dec. 11, Lookonchain reported that the address associated with Huang Licheng, also known as Machi, was liquidated for 1,800 ETH due to price drops at $3,185.7 per ETH. The transaction was valued at approximately $5.73 million. The address currently holds a leveraged position of 7,200 ETH with 25x margin, worth about $22.93 million, and shows an unrealized loss of $540,000.

Deutsche Börse Group (DB1) has partnered with Societe Generale FORGE to integrate euro and dollar stablecoins into its post-trade systems, including Clearstream. Announced on November 18, the collaboration aims to enable banks and market participants to settle transactions using tokenized cash within a regulated framework. The initial phase will test CoinVertible tokens as settlement assets and collateral, while assessing their role in liquidity management workflows.

On November 18, Sentora (formerly IntoTheBlock) reported shifts in Bitcoin's cyclical behavior. Long-term holders, who traditionally accumulate during bear markets and sell in bull markets, have shown reduced activity in buying the dip during the current downturn. Institutional funds, structured products, and regulated investment tools are shaping the timing and nature of market demand. While cautious sentiment has recently dampened spot buying pressure, selling pressure has been evident over the past two weeks. Sentora noted that Bitcoin's bear market dynamics may increasingly depend on valuation, investment mandates, and risk frameworks rather than panic or euphoria.

On November 18, BlackRock transferred 3,064 Bitcoin, valued at $280 million, and 64,707 Ethereum, worth $198.7 million, to Coinbase. The transaction was identified by OnchainLens. These deposits reflect notable activity from BlackRock's address on the platform.

Two U.S. senators have called on the Department of Justice and Treasury to investigate World Liberty Financial, a cryptocurrency firm associated with the Trump family, over potential national security risks. CNBC reports that Senators Elizabeth Warren and Jack Reed raised concerns in a letter, citing alleged links between the firm and entities connected to North Korean hackers, sanctioned Russian tools, Iranian crypto exchanges, and Tornado Cash. The letter also referenced a report by Accountable.US, which alleged that WLFI tokens were sold to suspicious entities, highlighting inadequate safeguards against illicit activities.