Bitget Daily Briefing (December 25) | Mentougou hacker may sell 1,300 BTC within 7 days; Metaplanet plans to increase its holdings to 210,000 bitcoins by the end of 2027; The number of initial jobless claims in the U.S. last week was 214,000

Today's Outlook

1. The Metaplanet project plans to increase its holdings to 210,000 bitcoins by the end of 2027.

2. Lookonchain monitored yesterday that BlackRock deposited 2,292 bitcoins ($199.8 million) and 9,976 ethers ($29.23 million) into Coinbase Prime.

3. Arkham analyst Emmett Gallic: Entities related to the Mt. Gox hacker Aleksey Bilyuchenko deposited 1,300 BTC (worth about $114 million) to an unknown trading platform in the past 7 days. This series of addresses still holds 4,100 BTC (worth $360 million). They have sold a total of 2,300 BTC.

Macro & Hot Topics

1. The number of initial jobless claims in the U.S. last week was 214,000, estimated at 223,500, falling short of market expectations. The number of continuing claims for unemployment benefits in the U.S. for the week ending December 13 was 1.923 million, estimated at 1.9 million.

2. BlackRock strategists Amanda Lynam and Dominique Bly pointed out in a report that the Federal Reserve is expected to implement only limited rate cuts in 2026. With a cumulative rate cut of 175 basis points in this cycle, the Fed is approaching a neutral interest rate level. Unless there is a sharp deterioration in the labor market, there is very limited room for further rate cuts in 2026. According to LSEG data, the market currently expects the Fed to make two rate cuts in 2026.

3. Ipek Ozkardeskaya, a senior analyst at Swissquote Bank, noted that gold prices have set new historical highs over 50 times this year, and the core factors driving gold prices upward have not yet dissipated. She stated, "Theoretically, the medium to long-term outlook for gold remains optimistic."

Market Trends

1. In the past 24 hours, the cryptocurrency market experienced liquidations totaling $167 million, with long positions liquidated at $102 million. The liquidation amount for BTC was approximately $53 million, and for ETH, it was approximately $38 million.

2. Due to the Christmas holiday, U.S. stocks closed early on Wednesday, with the Dow Jones initially up 0.6%, the S&P 500 up 0.32%, and the Nasdaq up 0.22%. Additionally, spot gold fell below $4,450, down 0.78% on the day.

3. The Bitget BTC/USDT liquidation map shows that near the current price (around $87,700), long and short leverage is highly concentrated, making short-term fluctuations likely to trigger a chain liquidation. There is a dense short liquidation in the range of about $88,500 to $90,000, while the risk for longs around $86,000 is high, making it more likely for the market to be "squeezed" towards the side with denser liquidity.

4. In the past 24 hours, BTC spot inflow was approximately $45 million, outflow was approximately $52 million, resulting in a net outflow of $7 million.

News Updates

1. Nvidia's $20 billion acquisition of Groq assets, the company stated it did not acquire the entire company.

2. Former CFTC acting chair Caroline Pham joins MoonPay as Chief Legal Officer.

3. OpenAI is considering placing ads in ChatGPT.

4. USDC Treasury burned 50 million USDC on the Ethereum network.

5. Circle launched tokenized gold and silver swap services based on USDC.

Project Progress

1. Suspected Multicoin purchased 60 million WLD from the Worldcoin team OTC.

2. Brevis released the $BREV token economic model: total token supply of 1 billion, with community incentives accounting for 32.20%.

3. The U.S. XRP spot ETF saw a net inflow of $11.93 million yesterday.

4. Ethereum L1 daily transaction count reached a new high for 2025, totaling 1.91 million transactions.

5. Scroll clarified misunderstandings about DAO closure, emphasizing that the governance structure restructuring aims to improve rather than terminate.

6. The market cap of stablecoins on the Aptos chain has grown over 60% this year, peaking at $1.8 billion.

7. Aave's founder was accused of increasing his holdings of $10 million AAVE tokens to enhance governance voting power.

8. West Main Self Storage increased its holdings by 0.114 bitcoins, bringing its total holdings to 2.074 bitcoins.

9. Data shows that Aave's lending scale has decreased by about 70% since August, indicating a decline in DeFi leverage.

10. A certain whale leveraged 1-2 times to go long on 127.4 million TST on Hyperliquid, suspected of manipulating prices.

Disclaimer: This report is generated by AI, with human verification for information only, and does not constitute any investment advice.