Celestia founder: supports proposal to reduce TIA inflation rate by 33%

[42,224 ETH Transferred from Binance to New Wallet] WhaleAlert data shows that 42,224 ETH were transferred from Binance to a new wallet, with the asset transfer valued at approximately $120 million.

[Abraxas Capital Increases HYPE Spot Holdings, Total Spot Position Reaches $56.4 Million] On December 1, HyperInsight monitoring revealed that two addresses tagged as belonging to Abraxas Capital (0x5b5, 0xb83) transferred approximately $62 million to Hyperliquid yesterday to increase HYPE spot holdings. Additionally, a 5x leveraged HYPE short position was used for hedging and defense. Due to today's market decline, the current HYPE spot position is approximately $56.4 million, accounting for half of the total funds in the two accounts on Hyperliquid. Further monitoring shows that since November, Abraxas Capital has been consistently closing short positions and taking profits across multiple cryptocurrencies. The total position size has decreased from $760 million on November 3 to $146 million, with funds gradually withdrawn to on-chain wallets. Current major short positions include: - ETH position size: $82.02 million, unrealized profit: $19.97 million (245%) - HYPE position size: $62.39 million, unrealized profit: $22.59 million (220%)

Japanese company Metaplanet announced plans to raise $136 million to purchase more Bitcoin. （The Bitcoin Historian）

According to the heat ranking, ZEC's popularity has increased by 510000 followers compared to yesterday, ranking first. The heat ranking is as follows: ① ZEC （$363.55，-20.39%） ② PIPPIN （$0.1463，15.02%） ③ ETH （$2838.26，-5.63%） ④ LSK （$0.2315，-14.29%） ⑤ ARC （$0.04211，-0.52%） The main selling force of ZEC funds is strong, with a net outflow of $156 million in 24 hours and a transaction volume of $3288 million in 24 hours, of which the main net outflow is $620.37 million.

[Digital Asset Investment Products Recorded $1.07 Billion Net Inflows Last Week] CoinShares released a weekly report on December 1, stating that digital asset ETPs saw $1.07 billion in net inflows last week after four consecutive weeks of outflows, primarily driven by U.S. interest rate cut expectations sparked by comments from Federal Reserve member John Williams. Despite low trading volumes during Thanksgiving week, the U.S. led globally with nearly $1 billion in inflows. Bitcoin, Ethereum, and XRP recorded inflows of $464 million, $309 million, and a record-breaking $289 million, respectively.