Suspected Ethena-affiliated address increased its ENA holdings by 46.79 million, bringing the total holdings to over 450 million ENA.

On December 3rd, the Aave DAO approved a temperature check vote to revise its V3 multi-chain deployment strategy, planning to sunset deployments on zkSync, Metis, and Sony Soneium, while setting a clear $2 million annual revenue floor for future deployments. Aave currently operates on at least 18 blockchains, including multiple Ethereum Layer 2 networks and Layer 1 chains like Aptos and Sonic. Now, ACI—Aave’s primary delegation platform—appears to be scaling back some expansion plans and imposing stricter requirements for new deployments. As part of the proposal, ACI also recommends establishing the $2 million annual revenue floor for future deployments and introducing a stablecoin “reserve factor” for smaller revenue-generating instances. Per forum discussions, ACI’s Growth Service Provider (Growth SP) has proposed sunsetting Aave deployments on zkSync, Metis, and Sony Soneium, as these instances have failed to align with market demand. The total value locked (TVL) across these

On December 3rd, data from the Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN) indicates that within the past 6 hours after BTC broke above $92,000, the "Ultimate Bear" whale address 0x5D2 has continued to close out its profitable BTC short positions. Key updates: - ~$30.17 million in short positions have been closed, yielding a profit of $3.86 million. - Unrealized profits still held: ~$17.6 million. - Current position size: ~$80.97 million, with an average entry price of $111,500. - Liquidation price has risen from $94,800 to $101,000. - This address now holds the top 1 BTC short position on Hyperliquid. Additional monitoring notes: - The address has withdrawn over $34.09 million in account margin and transferred a total of $40 million to a Binance wallet. - Today, an extra $3 million in account margin was transferred to close out a short position and raise the average price.

Chainalysis data shows that as of December 3rd, pump.fun transferred 75 million USDC to Kraken just two hours ago. Since November 15th, the platform has sent a total of 555 million USDC (all from ICO sales) to Kraken over the past two weeks.

December 3. — He Dong, Chief Economist of the ASEAN+3 Macroeconomic Research Office (AMRO), said stablecoins issued by non-bank entities cannot create money and have limited utility for the real economy. As such, they are unlikely to gain mainstream traction in the currency market over the long term. Meanwhile, the People's Bank of China (PBOC) noted that stablecoins pose money laundering and fraud risks. Currently, countries and regions worldwide are exploring digital currency development, with central banks, commercial banks, and non-bank financial institutions having rolled out various new payment tools.

Trump is set to issue a statement Wednesday afternoon (Dec. 3) at 2:30 p.m. ET, per market sources.

Tether minted 1B $USDT on #Tron. The stablecoin market cap on #Tron has now surpassed $80.2B.