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

On December 20, Coinbase CEO Brian Armstrong tweeted: "The global stock market is roughly 25x the size of the crypto market—and it’s outdated, inefficient, and far less technologically advanced than crypto. This marks a key milestone for enabling 24/7 global trading of tokenized stocks. Stock trading is officially live today; more details coming soon."

December 20th — Market data shows Japan’s interest rate hike took effect yesterday, sparking a rebound in the crypto market as several altcoins begin to rally. Key movers include: - LIGHT: 24-hour gain exceeds 70%, now trading at $2.38 with 24-hour volume at $68.8 million; - SOPH: 24-hour gain of 40%, currently priced at $0.01644 with 24-hour volume at $116 million; - Meme coin “67”: 24-hour surge of 38%, now at $0.028 with 24-hour volume at $11.49 million; - RESOLV: 24-hour gain of 36.6%, trading at $0.0994 with 24-hour volume at $161 million; - WET: 24-hour gain of 35.3%, priced at $0.303 with 24-hour volume at $129 million.

December 20th: Amid recent Bitcoin price declines, Citigroup’s 12-month benchmark target for the cryptocurrency is $143,000—representing a roughly 62% jump from its current price of $88,000. In a joint report, Citi analysts Alex Saunders, Dirk Willer, and Vinh Vo note $70,000 is a key support level for Bitcoin. Buoyed by renewed ETF demand and bullish market sentiment, the token could see a sharp rally. However, a bearish scenario—amid a global economic recession—sees Bitcoin potentially dropping to $78,500. Conversely, an optimistic scenario—fueled by stronger investor demand—projects Bitcoin could climb to $189,000. (Source: CoinDesk)

On December 20, on-chain analytics firm CryptoQuant released a report noting Bitcoin demand growth has slowed sharply, signaling a possible bear market ahead. Since 2023, Bitcoin has seen three major on-chain demand surges—driven by the launch of a U.S. spot ETF, the U.S. presidential election outcome, and the Bitcoin Treasury Company bubble—but demand growth has lagged trend levels since early October 2025. This suggests most new demand in the current cycle has already materialized, removing a key pillar of price support. Meanwhile, the derivatives market confirms weakening risk appetite: the 365-day moving average of perpetual futures funding rates has dropped to its lowest since December 2023. Historically, such a decline reflects reduced willingness to hold long positions—a pattern typical of bear markets, not bull markets. Technically, price structure has deteriorated amid weak demand: Bitcoin has fallen below its 365-day moving average, a key long-term support level that

On December 20, the U.S. Department of Justice (DOJ) began releasing investigation documents related to the Jeffrey Epstein case. A note on the DOJ’s webpage linking to the released files states the department made "every reasonable effort" to redact victims’ personal information, but warned some details may have been inadvertently disclosed. Deputy Attorney General Branch noted in a letter to Congress that during a comprehensive file review, the DOJ identified over 1,200 victims and their family members—all associated names and identifying information have been legally removed. Earlier that day, Branch stated hundreds of thousands of documents were slated for release on the 19th, though full disclosure could still take "several weeks." (Source: CCTV)

10 hours ago on December 20th, per data from Embermonitor, a whale or institutional investor withdrew 50 million USDT from Binance Plan B, then tested a 50-USDT transfer to a target address for their planned transaction. A phisher created an address with matching first and last three digits, then sent 0.005 USDT to it. When executing the actual transfer, the whale either copied the address from recent transactions or mixed it up during the formal process—resulting in the full 50 million USDT being sent to the phisher’s lookalike address. The phisher quickly swapped the 50 million USDT for DAI (to avoid asset freezing) and converted all of it into 16,624 ETH. All these ETH were subsequently laundered via Tornado Cash.