Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

On December 27, CryptoQuant analyst Darkfost noted that Ethereum’s contract trading volume this year has far outpaced previous years. For example, Binance’s Ethereum futures trading volume hit over $6.74 trillion in the past year—nearly double 2024’s figure, which already set a record. This makes Ethereum one of the largest assets in the 2025 global derivatives market by trading volume, underscoring strong speculative demand. Over the past year, Binance’s spot-to-futures ratio for ETH has hovered around 0.2: for every $1 invested in ETH spot, nearly $5 went into futures contracts. This ratio signals a market heavily reliant on leverage, reflecting extreme speculation around Ethereum in 2025. The record trading volume paired with this unbalanced ratio means futures largely drive ETH’s price trends. As a result, Ethereum’s price fluctuations this year have often been amplified, volatile, and closely tied to liquidations—ultimately pushing it to a new all-time high by just a few dol

On December 27th, LookOnChain data shows the whale wallet "pension-usdt.eth" flipped from long to short this morning: it shorted 20,000 ETH at 3x leverage, with an entry price of $2,921 and a liquidation price of $4,832. Per the same monitoring, this address frequently conducts low-leverage short-term swing trades, typically holding full positions in BTC and ETH for an average of ~20 hours. It has netted approximately $13.87 million in profits over the past 30 days.

On December 27th, OnChainSchool.pro’s monitoring shows FBG Capital’s wallet transferred approximately $700,000 worth of BIO (15 million tokens) to Binance last night. Some of these BIO tokens were previously received from the project team’s unlocked wallet. As of now, the wallet still holds 14.9 million BIO tokens.

December 27th – Yesterday was the annual options expiration day, the largest in cryptocurrency history with a total notional value of roughly $28 billion. While most analysts and historical data signal significant volatility amplification post-expiration, holiday effects have kept the market locked in a sideways, range-bound pattern. Per HTX market data, Bitcoin dropped from $89,000 last night, briefly falling below $87,000 before rebounding to trade sideways above that level. It currently trades at $87,405. Analyst Murphy notes $87,000 is a key short-term accumulation point for Bitcoin and the strongest support in its current market structure. As long as this level holds with high-volume candles, market direction will become clearer.

On December 27, Solstice posted on X with updates to its token public sale terms: - The public sale token allocation will be 100% unlocked at the Token Generation Event (TGE). - Users affected by short-term volatility in its stablecoin USX can apply for a full refund within a 14-day window after the public sale concludes. - SLX issuance remains on track with no delays, scheduled for TGE in Q1 2026. Previously, Solstice completed its token public sale on Legion. Yesterday, USX—Solstice’s stablecoin—briefly depegged due to liquidity issues but has since largely restored its peg.

On December 27, Onchain Lens monitoring indicates two wallets tied to Pantera Capital have deposited 5,264 ETH (valued at $15.39 million) into Coinbase Prime.