[Net outflow of 69,300 ETH from CEX in the past 24 hours] In the past 24 hours, a total net outflow of 69,300 ETH was recorded from CEX. The top three outflows were: Coinbase Pro with 72,900 ETH, Gate with 265.93 ETH, and Gemini with 25.75 ETH. Additionally, Bybit saw an inflow of 2,031.03 ETH, ranking first on the inflow list.

[Trump Says Kevin Warsh Rises to Top Candidate for Next Fed Chair] U.S. President Trump stated on Friday that Kevin Warsh has risen to the top of his list of candidates for the next Federal Reserve Chair, though other candidates remain in contention. On Wednesday, the Federal Reserve lowered the benchmark federal funds rate to a range of 3.5%-3.75%. Trump believes rates should be lower and noted that Warsh largely agrees with his stance on monetary policy. Kalshi data shows that prediction markets have shifted accordingly, with Hassett's nomination probability dropping from about 71% to 62%, while Warsh's probability stands at 36%. Trump reiterated that the Fed Chair should consult the president on rate decisions, a move that would overturn the tradition of the Federal Reserve maintaining its independence.

[U.S. Senate Banking Committee May Postpone Review of Cryptocurrency Market Structure Bill to 2026] Bipartisan U.S. senators held another meeting on the 'Cryptocurrency Market Structure Bill.' Senator Mark Warner stated that given the current state of the bill, it would be very difficult to review it next week. This view was supported by other senators, and it is highly likely that the U.S. Senate Banking Committee will have to wait until the new year to review the bill.

While legislative language circulates among all four corners of the talks — industry, White House, Republicans and Democrats — the process is still mid-stride.

[A certain whale exchanged 163 BTC for 4,717 ETH via THORChain today] A certain whale cross-chained 163 BTC into 4,717 ETH via THORChain today, valued at $14.68 million. Over the past 18 days since November 25, this whale has cumulatively exchanged 1,632 BTC for 48,364 ETH, with a total value of $145 million and an average exchange price of $3,011 per ETH.