JGB Yields Rise as Market Focuses on This Week's Economic Data

On December 3rd, per LookOnChain monitoring, a new address 0x52B7 (potentially linked to Bitmine) has just withdrawn 30,278 ETH (valued at $91.16 million) from Kraken.

December 3rd — Republicans avoided an upset defeat in a U.S. House race in Tennessee on Tuesday, easing concerns for former President Donald Trump and his congressional allies. The Associated Press, NBC News, and election analysis firm Decision Desk HQ have projected that Republican candidate Matt Van Epps—endorsed by Trump—will win the contest. Trump hailed the GOP victory in social media posts, while Van Epps declared victory. Even with the win, however, voters in the district—where Trump won by a wide margin just one year ago—are increasingly distancing themselves from the Republican Party. This marks the latest sign of the GOP’s tenuous prospects heading into next year’s midterm elections. In a series of races this year, Democrats have outperformed their 2024 presidential vote margins. Just weeks ago, the party scored political victories, sweeping races in New York City, New Jersey, and Virginia, and won a redistricting ballot measure in California aimed at undercutting the G

On December 3rd, Onchain Lens monitoring shows a whale withdrew 17,779 AAVE tokens (valued at $3.3 million) from Kraken and deposited them into Aave V3. In total, the whale has purchased 310,617 AAVE tokens (worth $59.34 million). ### Alternative (more concise for crypto alerts): December 3rd: Onchain Lens data reveals a whale withdrew 17,779 AAVE ($3.3M) from Kraken, depositing into Aave V3. This whale’s total AAVE purchases stand at 310,617 tokens ($59.34M) to date.

As of December 3, Coinglass data shows the Coinbase Bitcoin Premium Index has flipped positive again, currently at 0.0331 (down from -0.0087% the prior day). BlockBeats Note: The Coinbase Bitcoin Premium Index measures the gap between Bitcoin’s price on Coinbase (a major U.S. exchange) and the global market average. It’s a key indicator to track U.S. capital inflows, institutional investment sentiment, and shifts in market mood. A positive premium means Coinbase’s Bitcoin price is above the global average, typically signaling: strong U.S. buying interest, active entry of institutional or regulated funds, ample USD liquidity, and generally bullish investor sentiment. A negative premium means Coinbase’s price is below the global average, often reflecting: heavy selling pressure in the U.S. market, declining investor risk appetite, rising risk aversion, or capital outflows.

On December 3, on-chain analyst Yu Jin reported that the token deployment address linked to the PENGU project has been transferring roughly $3 million worth of PENGU tokens to multiple centralized exchanges (CEXs) every few days—with the latest transfer taking place earlier today. Since mid-July through now, the team has moved a total of 3.8811 billion PENGU tokens (valued at $108 million). This timeframe coincides with PENGU’s price decline: from its second peak of $0.04 during the recent bull run to $0.01 as of today.

Nasdaq-listed NewGenIvf Group Limited (NewGen) announced in its latest financial filing on December 3 that as of November 28, the company holds 13,000.23 SOL and has joined a $100 million gold-backed asset tokenization project. The filing also shows NewGen posted a net profit of $17.5 million in the third quarter. Additionally, the company’s board of directors has approved a 24-month, $2 million stock repurchase program.