1. Liquidation and Fund Flow Data
1. Network Liquidation Situation: According to Coinglass data, the total liquidation in the past 24 hours across the network was 1.711 billion USD, with long positions liquidated at 1.55 billion USD and short positions at 162 million USD. Among these, BTC liquidation was 183 million USD, and ETH liquidation was 240 million USD. A pinning black swan event has occurred again, with severe fluctuations in the bull market; it is essential to stay away from contract leverage to ensure capital safety.

2. Grayscale Fund Flows: According to Farside Investors data, Grayscale GBTC saw a net outflow of 24.4 million USD yesterday, with BTC net inflow of 7.2 million USD; Grayscale ETHE had a net outflow of 27.4 million USD, with ETH net inflow of 8.8 million USD.

2. Market Strategies and Trading Views
1. Morgan Stanley Prediction: On December 10, Morgan Stanley strategist Matthew Hornbach's team reported that investors should prepare for a higher probability of a 25 basis point rate cut at the Federal Open Market Committee (FOMC) meeting on January 29 next year.

2. Trader Recommendations: Top trader Eugene stated that currently trading #ETH, #ENA, and #PEPE is relatively safe.

3. Hackers and Abnormal Events
1. DEXX Hacking Activity: Slow Fog Yuxian posted on X, at midnight the #DEXX hacker transferred another 300 ETH into the Tornado Cash mixing protocol.

2. Trading Abnormal Losses: According to Cyvers Alerts monitoring, a certain address lost 2.4 million USD in wstETH due to signing phishing authorizations.

4. Large Transactions and Account Changes
1. SOL Account Deposit: On December 10, according to Arkham monitoring, the Pump.Fun fee account deposited approximately 109,600 SOL to Krake four hours ago, worth 24.36 million USD.

2. BTC Withdrawal Situation: On December 9, according to Lookonchain monitoring, a new address withdrew 1,850 BTC from Binance, approximately 183.37 million USD.

3. ETH Whale Operations: According to Lookonchain monitoring, a certain whale bought 1,800 ETH (approximately 7 million USD) again three hours ago. Since May 24, this whale has accumulated a total of 39,600 ETH (approximately 99 million USD), with an average purchase price of 2,487 USD and current unrealized profits of approximately 54 million USD.

5. Regulation and Illegal Cases
Three 'post-95' young men engaged in foreign exchange trading through virtual currency transactions, completing over 650 trades within a few months, exchanging nearly 30 million yuan in foreign exchange. The Jianhu County Procuratorate filed public prosecution, and Lin and two others were sentenced to prison terms ranging from five years to one year and six months for illegal business operations, along with fines. (Reported by Procuratorial Daily)

6. NFT and Project Updates
1. Binance Collaborates with Cristiano Ronaldo: According to an official announcement, Binance and football superstar Cristiano Ronaldo have launched a free digital collectible in the latest ForeverSkills series, exclusively available on the Binance NFT marketplace, with a minting period from December 9, 2024, 10:00 (UTC) to December 18, 2024, 23:59:59 (UTC).

2. ether.fi Project Progress: On December 10, the ether.fi Foundation posted on X that the ether.fi protocol had a revenue of 3.5 million USD in November, of which 5% was allocated to purchase 89,000 #ETHFI for buyback and LP plans.

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