1. Liquidation news
1. Network-wide liquidation data
According to Coinglass data, the total liquidation amount across the network reached $427 million in the past 24 hours. Among them, long positions were liquidated for $197 million, and short positions for $230 million.
2. BTC and ETH liquidation details
BTC (Bitcoin) liquidated $154 million, ETH (Ethereum) liquidated $91.5163 million.
2. On-chain tools and wallet news
1. Incident involving on-chain trading tools attacked
According to community feedback, the on-chain trading tool SolTradingBot was attacked, with users reporting stolen funds, and caution is advised regarding related risks.
2. Large withdrawals from wallets
According to Onchain Lens monitoring, 8 hours ago, a newly created wallet withdrew 1.5 million OM from Binance, valued at $5.93 million, with an average price of $3.95.
3. Stablecoin related points
1. USDT market cap changes
- DefiLlama data shows that the market cap of USDT has surpassed $140 billion, setting a new historical high.
- Reviewing December 16, 2023, its supply was 90 billion, and in just 12 months, the market cap has increased by $50 billion. Additionally, in the past 40 days, its supply has increased by about 20 billion.
- As of December 16, 54.94% of all circulating USDT were issued on the Ethereum blockchain.
2. New USDC minting situation
According to Whale Alert monitoring, around 01:55 Beijing time on December 17, USDC Treasury minted 50 million USDC on the Ethereum blockchain.
4. Interest rate and project regulatory report
1. Federal Reserve interest rate probability
According to CME's 'Fed Watch':
- The probability of maintaining the current interest rate unchanged by the Federal Reserve until December is 4.6%, and the probability of a total rate cut of 25 basis points is 95.4%.
- The probability of maintaining the current interest rate unchanged until January next year is 3.8%, the probability of a total rate cut of 25 basis points is 79.9%, and the probability of a total rate cut of 50 basis points is 16.3%.
2. NFT project regulatory dynamics
On December 17, the NFT project CyberKongz posted on the X platform stating that they received a Wells Notice from the U.S. Securities and Exchange Commission (SEC).
5. Platform-related dynamics
1. Coin listings and token contract progress
- Pudgy Penguins token details
According to Binance's announcement, Pudgy Penguins disclosed the #PENGU token contract address as 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv, based on the Solana network, with a total supply of 88,888,888,888 tokens.
- Binance listing CAT related trading situation
According to Onchain Lens monitoring, after Binance announced the listing of #CAT, a whale withdrew 3,506 BNB (valued at $2.46 million) from Binance and bought 22.87 billion CAT for 1,770 BNB (valued at $1.24 million).
2. Platform launch and payment situation description
- Coinbase token launch arrangements
On December 17, according to the official announcement, Coinbase will launch the Solana chain token #PRCL. If liquidity conditions are met, trading will begin on December 17, 2024, at 9:00 AM (Pacific Time) or later.
- FTX claims payment methods
On December 17, according to the FTX claims portal, BitGo and Kraken are its distribution partners, and payment methods include stablecoins and fiat currency.
6. Project progress tracking
1. Blast project progress
On December 17, Blast's official stated that they are making final adjustments to the mobile platform, token economics updates, and other important announcements, and everything will be launched next month, stay tuned.
2. Meme project situation
According to official news, the Meme project #Slerf stated that it transferred 0.2 SOL to a designated donation wallet, and if all Slerf holders do the same, refunds will be completed, so stay tuned to see what happens next.
7. Other matters of concern
1. Idle token trading situation
According to data disclosed by analyst Ali (@ali_charts), in the past 24 hours, 5.8 billion idle #DOGE tokens have become active and have been traded.
2. Investment-related news
According to market news, Trump announced that SoftBank Group will invest $100 billion in the U.S. SoftBank CEO Masayoshi Son stated that confidence in the U.S. has greatly increased and hopes that Trump can make the world peaceful again.
3. Perspectives on Bitcoin reserves
On December 17, MicroStrategy founder Michael Saylor stated that he believes Trump is serious about establishing a national Bitcoin reserve.
4. XRP-related progress
According to PhoenixNews, 21Shares' XRP Trust has been registered in Delaware, USA, under the name '21Shares XRP Trust', which may pave the way for the launch of an XRP spot ETF.
5. Wintermute holdings changes
According to @ai_9684xtpa monitoring, Wintermute currently holds $9.47 million CAT, and after the Binance listing of CAT, the number of Meme coins in Wintermute's top 25 holdings that went live on Binance spot has increased to 7.
Recent hot narratives on the SOL chain:
(1) $MVRS
- Narrative perspective: Created by a group aiming to save America, representing a unique culture.
(2) $CAPA
- Narrative perspective: Suspected mascot issued by @elementaldefi.
(3) $AGENCY
- Narrative perspective: An AI agent built on the Eliza framework, capable of token and wallet analysis.
(4) $MOONDOG
- Narrative perspective: A token launch platform that can turn social media posts into Memecoins.
(5) $EXP
- Narrative perspective: Interact with the official website and AI agent to challenge and win prizes.
(6) $SS
- Narrative perspective: A performance art project that collects girlfriend's hair and places it on a human model statue.
(7) $CAT
- Narrative perspective: As the fourth HODLer airdrop project on Binance, it will go live for trading pairs on 12/17 at 17:00.
(8) $CITADel
- Narrative perspective: Possibly related to the first test token from @griffaindotcom.
(9) $DEARBOOK
- Narrative perspective: Created by @RafaelMilewski, generates illustrated children's books by inputting stories.
(10) $Rasoki
- Narrative perspective: The mascot from a milk tea shop (oneslimtea) that accepts DogeCoin payments.
All information is for reference only and does not constitute any investment advice.
