On Hyperliquid, the top BTC short position is held by a whale with a unrealized loss of over $5.52 million, with a liquidation price of $120,800.

**December 22 — BitMine announced today that its combined cryptocurrency holdings, total cash, and strategic investments have reached $13.2 billion, per official sources.** As of 3:00 PM ET on December 21, the company’s assets include: - 4,066,062 ETH - 193 BTC - A $32 million investment in Eightco Holdings (NASDAQ: ORBS) - $1 billion in cash BitMine Chairman Thomas “Tom” Lee (also of Fundstrat) commented: “BitMine has steadily expanded its ETH holdings, adding 98,852 ETH last week to cross the 4 million ETH mark — a major milestone hit in just 5.5 months. We’re moving quickly toward our ‘5% Alchemy’ target and already seeing synergies from our large ETH position. We’re a key bridge between Wall Street and the blockchain tokenization shift, and we’ve kept close partnerships with leading players at the forefront of the DeFi community.” BitMine’s ETH holdings account for 3.37% of the total ETH supply (120.7 million ETH).

On December 22, official sources confirm Tether has launched its synthetic educational dataset QVAC Genesis II. Per reports, the QVAC Genesis II dataset expands coverage to 19 educational fields, significantly boosting the scale, depth, and inferential quality of open AI training data. The updated version adds 10 new fields—including Chemistry, Computer Science, Statistics, Machine Learning, Astronomy, Geography, Econometrics, and Electrical Engineering—while also regenerating university-level Physics data using enhanced methodologies.

On December 22, market sources report that Strategy did not increase its Bitcoin holdings between December 15 and 21.

On December 22, GMX announced its integration with the Ethereum mainnet, enabling users to directly transact or provide liquidity on the mainnet. Ethereum users can earn automatic compounding rewards from three revenue streams: perpetual trading fees (position opening/closing, borrowing/lending, liquidations), exchange fees, and minting/burning fees for liquidity tokens.

**Nansen CEO Alex Svanevik Unveils 2025 Year in Review** On December 22, Nansen CEO Alex Svanevik released the company’s 2025 Year in Review, noting that the biggest benefits of artificial intelligence (AI) will flow to individuals—not institutions. The Nansen AI mobile app, launched earlier this year, is set to evolve into a full-stack on-chain transaction product next year, with AI powering all on-chain transactions. Svanevik also highlighted the **Joint Venture Protocols (JVP)** initiative the firm introduced: it will enable services for other projects and stakeholders in the Nansen Points community to jointly launch new protocols. The first JVP protocol is expected to go live in 2026. ### Notes on American English adjustments: 1. **Tone & flow**: Used "unveiled" (more impactful for executive announcements) and "set to" (casual, common in tech news) instead of formal phrasing. 2. **Conciseness**: Rewrote "support services aimed at jointly launching" to "enable service

December 22nd — According to Coinglass data, despite BTC recently surging past $90,000, funding rates across major CEXs and DEXs still point to an overall bearish market mood. BTC contract rates on platforms including Binance, OKX, Bybit and Bitget have returned to neutral. Altcoins like Ethereum, however, continue to show widespread negative funding rates. Check the attached image for specific rates of major coins. BlockBeats Note: Funding rates are set by crypto exchanges to align perpetual contract prices with underlying asset values. They facilitate fund exchanges between long and short traders — exchanges do not collect this fee. The mechanism adjusts traders’ holding costs or profits to keep contract prices close to underlying asset prices. The baseline funding rate is 0.01%. Rates above 0.01% signal bullish sentiment, while rates below 0.005% indicate bearish sentiment.