A certain whale withdrew 6000 ETH from Kraken after 6 months of silence

December 25th Update: On-chain analyst Ai Auntie (@ai_9684xtpa) reports that Yihua Group subsidiary Trend Research holds 645,000 ETH (645k ETH) with an average withdrawal cost from centralized exchanges (CEXs) of ~$3,299.43. The holding currently faces an unrealized loss of ~$242 million. Monthly withdrawal breakdown: - November: 630,571.5 ETH withdrawn from CEXs between Nov 2–21, totaling $2.1 billion at an average price of $3,337.39. - December: 84,954.4 ETH withdrawn from CEXs between Dec 14–23, totaling $256 million at an average price of $3,017.73.

On December 25th, Cloverpool data shows Bitcoin’s mining difficulty adjusted at block height 929,376 at 11:48:06 AM Beijing time today, rising 0.04% to 148.26 T. The network’s seven-day average hash rate currently stands at 1.07 ZH/s.

Per Onchain Lens monitoring, a whale withdrew 3,000 ETH (≈$8.81 million) from Binance on December 25th.

On December 25, the Bank of Korea (BOK) announced it will decide next year whether and when to further cut interest rates, based on a comprehensive assessment of future data. The central bank also noted it will step up market monitoring and actively roll out stability measures amid heightened caution in domestic and foreign exchange markets. Last month, the BOK held its key interest rate steady for a fourth straight time at a policy meeting, hinting the current rate-cut cycle may be winding down as the weakening won has limited scope for additional monetary easing. Its next policy meeting is scheduled for January. (FXStreet)

December 25th — According to The Paper, the People’s Bank of China (PBOC) held a press conference to break down the “Opinions on Financial Support for Accelerating the Construction of the Western Land-Sea New Corridor.” At the event, Wang Xin, Director of the PBOC’s Research Bureau, noted the “Opinions” leverages new trends in international digital and green finance cooperation to drive innovative, high-level financial opening-up in China’s central and western regions. Examples include: - Supporting provinces, regions, and cities along the corridor to join multilateral central bank digital currency (CBDC) bridge projects, boosting cross-border CBDC payments. - Backing collaboration via the China-Singapore Green Finance Working Group mechanism to strengthen work on green finance standard development/implementation, green financial products, and financial support for green technologies.