[Three Related Wallets Spent 3.67 Million USDC to Purchase LINK] According to Onchain Lens monitoring, one hour ago, three wallets associated with the same entity spent 3.67 million USDC at an average price of $13.45 to purchase a total of 272,979 LINK tokens.

[Whale Completes Swap of 22,344 ETH for 774.1 WBTC] On-chain analysis shows that the whale who started swapping ETH for BTC yesterday has completed the operation, converting a total of 22,344 ETH (approximately $70.06 million) into 774.1 WBTC. The average swap cost was $90,505.

[Strategy May Face Massive Losses in Q4 2025 Due to Decline in Bitcoin Holdings Value] Strategy could record losses amounting to billions of dollars in the fourth quarter of 2025, as the group's approximately $60 billion worth of Bitcoin assets saw a 24% price drop during the quarter, potentially resulting in significant unrealized losses. This may erase the $2.8 billion profit recorded in the previous quarter. The market is concerned that the group may need to sell Bitcoin to address the situation. To alleviate pressure, Strategy established cash reserves by selling common stock on December 1. The group had previously projected its annual operating performance to range between a $7 billion loss and a $9.5 billion profit, assuming Bitcoin trading prices remained in the $85,000 to $110,000 range.

[This Week's Net Inflow into U.S. Bitcoin Spot ETFs Reaches $459 Million] According to Farside monitoring data, the cumulative net inflow into U.S. Bitcoin spot ETFs this week reached $459 million.

[Machi increases ETH long position by 7,600 units, with unrealized profit reaching $907,000] According to Hyperbot data, Machi has increased their ETH long position to 7,600 units, with a total value of approximately $23.84 million and unrealized profit reaching $907,000. The average holding price is around $3,018. Additionally, Machi holds 102,888.88 HYPE long positions, with a total value exceeding $2.6 million and unrealized profit of approximately $49,000. The average holding price is around $24.8.