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.

On Nov. 18, Yi Lihua, founder of Liquid Capital, recommended a spot buying range for Ethereum between $3000 and $3300 on social media. He highlighted his earlier trades, including buying at $1800 earlier this year and selling near $4500, while cautioning about the volatility of cryptocurrency markets. Yi advised against using leverage contracts due to uncertain market conditions influenced by U.S. interest rate changes, AI trends, and stock market declines. Despite ETH briefly falling below $3000, he stated that he is holding his spot positions.

Approximately 200,000 ETH, valued at $780 million, were withdrawn from centralized exchanges between Oct. 28 and Oct. 30, data show. The outflow occurred across multiple CEX platforms. Withdrawals indicate a broad trend of movement to external wallets.

CBB0FE warned on October 29 that Stream's xUSD has approximately $170 million in on-chain assets backing around $530 million in borrowing across lending protocols, resulting in a 4.1x leverage ratio, BlockBeats reports. The position relies heavily on illiquid holdings, and CBB0FE advised avoiding xUSD-related Morpho and Euler vaults. Stream's founder said xUSD is fully and over-collateralized with an insurance fund in place, and the team is integrating third-party attesters this week to improve transparency. Most funds are held on centralized exchanges and DEXs not tracked by Debank, and the team acknowledged miscommunication, clarifying xUSD was never intended as a stablecoin but as a tokenized market-neutral fund providing real yields to retail investors.