Bitget Daily Briefing (December 29) | Tokens such as HYPE, SUI, and EIGEN will see significant unlocks this week, with HYPE unlocking approximately $256 million; Bitcoin spot ETF experienced a total net outflow of $276 million in a single day, continuing a 6-day net outflow

Today's Outlook

1. Cointelegraph cites industry analysts that the outlook for Digital Asset Treasury (DAT) companies in 2026 is bleak, with many large enterprises experiencing significant stock price declines. Altan Tutar, co-founder and CEO of MoreMarkets, stated that as market competition intensifies, most Bitcoin treasury companies will disappear alongside other crypto asset treasury companies, with DAT companies focusing on altcoins being the first to exit. Companies that can provide additional value and deliver stable returns are more likely to succeed.

2. 10x Research: The crypto market appears calm on the surface, but undercurrents are strong; Bitcoin is in a downtrend but may turn bullish in January.

3. Data: Tokens such as HYPE, SUI, and EIGEN will see significant unlocks this week, with HYPE unlocking a value of approximately $256 million.

Macro & Hot Topics

1. Spot silver has broken through $80/ounce, setting a new record. Different analysts have not provided varying conclusions; Louis Navellier, founder of investment advisory firm Navellier & Associates, pointed out that given gold prices have risen nearly 70% in 2025 while most cryptocurrencies have continued to decline, it is time for crypto investors to turn to gold; however, Capital Economics analysts warned that prices of precious metals like silver are "on the edge of a cliff."

2. Jin10: Focus at year-end on Federal Reserve policies and sector rotation, with U.S. stocks racing towards historical highs. "Momentum is clearly on the side of the bulls," said Paul Nolte, senior wealth advisor at Murphy & Sylvest Wealth Management, "unless an external event occurs, I believe the path of least resistance for the stock market remains upward."

3. Bitcoin spot ETFs saw a total net outflow of $276 million in a single day, continuing a six-day net outflow; Ethereum spot ETFs had a net outflow of $38.7 million in a single day, continuing a three-day net outflow.

Market Trends

1. In the past 24 hours, the cryptocurrency market experienced a total liquidation of $121 million, with short positions accounting for $84 million. The liquidation amount for BTC was approximately $24 million, while for ETH it was about $28 million.

2. U.S. stocks: Dow Jones -0.04%, Nasdaq -0.09%. S&P 500 -0.03%. Nvidia (NVDA.O) +1.02%, Circle (CRCL.N) down nearly -1.66%, MSTR (Strategy) +0.06%.

3. Bitget BTC/USDT liquidation map shows: The current price around 89,300 is in a dense liquidation zone for both long and short positions, with a large number of high-leverage short positions concentrated in the 89,500--90,000 range. A breakthrough could easily trigger a short squeeze. The 87,000--88,000 area has concentrated long leverage; if it breaks down, it will trigger a chain of stop-loss orders, putting the short-term market in a high-volatility game phase where "both sides are easily swept."

4. In the past 24 hours, BTC spot inflows were approximately $316 million, outflows were about $280 million, resulting in a net inflow of $36 million.

News Updates

1. Data: El Salvador has added 1,511 BTC so far in 2025.

2. Michael Saylor has released Bitcoin Tracker information again, and may disclose additional holdings data this week.

3. Last week, NFT trading volume fell by 4.72% to $63.52 million, with the number of buyers and sellers increasing by over 25%.

Project Progress

1. PANews: Trust Wallet confirmed that 2,596 wallet addresses were affected and will announce new developments within a day.

2. A new wallet withdrew $4.12 million worth of ZEC tokens from Kraken 10 hours ago.

3. Flow: Coordinating with key infrastructure partners to determine the final restart plan.

4. Solana DEX spot trading volume has exceeded $1.7 trillion year-to-date, ranking second.

5. A whale withdrew 2,218 ETH, 37.1 million SKY, and 4,772 AAVE from Kraken.

6. Onchain Lens monitoring shows that whale "0xa339" established a long position in ETH through circular lending and has sold 10,002 ETH again for 29.38 million USDC.

7. The suspected Astra Nova team has transferred $870,000 worth of RVV tokens to a CEX again.

8. Hyperliquid co-founder: 1.2 million HYPE tokens will be allocated to team members after unlocking on January 6.

9. Lighter founder responds to large LIT token transfers: unrelated to airdrops, the app is expected to launch in the coming weeks.

10. Bubblemaps: The meme coin project ATLAS is suspected of insider trading, with 68 wallets holding 47% of the token supply.

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