The Government of the Kingdom of Bhutan transferred 175.44 ETH, approximately $49,700 USD.

On December 1st, CoinShares released its latest weekly report showing digital asset exchange-traded products (ETPs) posted a net inflow of $1.07 billion last week—ending four consecutive weeks of large-scale outflows—driven primarily by expectations of an upcoming U.S. interest rate cut following comments from Federal Reserve official John Williams. Despite muted trading volumes during the Thanksgiving holiday week, the U.S. led global inflows with nearly $1 billion in net gains. Bitcoin, Ethereum, and XRP all saw robust fund inflows: Bitcoin attracted $464 million, Ethereum $309 million, and XRP notched a record $289 million.

As of December 1, Onchain Lens data shows a crypto whale has been steadily accumulating LINK tokens from exchanges OKX and Binance. Over the past six months, the whale has amassed 2.33 million LINK, spending a total of $38.86 million. The holdings are now worth roughly $28.38 million, translating to an approximate potential loss of $10.5 million.

December 1 — More than 270 former users of cryptocurrency exchange Tokenize Xchange have filed a lawsuit against the platform’s founder Hong Qi Yu and his wife Erin Koo in Singapore’s High Court, accusing the pair of fraudulent misappropriation of customer assets and seeking $60.5 million in damages. Tokenize Xchange, operated by Singapore-based firm AmazingTech, ceased operations in July 2025 after being denied a digital payment token license by the Monetary Authority of Singapore (MAS). A report from the court-appointed interim judicial manager in Singapore revealed that AmazingTech owes customers approximately $2.663 billion, while its total held assets amount to just around $2.6 million. The lawsuit holds Hong and Koo accountable for this massive fund shortfall.

On December 1st, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that the "1011 Flash Crash Short Seller Insider Whale" collateralized 55,340 ETH (valued at $157 million) to Aave 10 minutes prior, then borrowed 50 million USDT and deposited it into Binance. The whale’s purpose remains unknown.

On December 1st, per GMGN monitoring (via https://t.me/gmgnaibot?start=i_m4TE56o8), GIGGLE began climbing from roughly $115 at 7 AM yesterday, hitting a recent peak of $160 at midnight today. It subsequently fell, dropping as low as below $110, and is currently trading at approximately $117—representing a roughly 27% decline from its high—with a market cap of around $117 million. BlockBeats notes that meme coins are extremely volatile, often driven by market sentiment and hype, lack tangible value or use cases, and investors should exercise caution regarding the associated risks.

December 1 — Bitget announced today that its US Stock Token trading will automatically shift to the BSC (Binance Smart Chain) network starting immediately. This upgrade applies **only** to Ondo-series US Stock Tokens, including assets like NVDAon and TSLAon. The update aims to cut network costs, speed up transactions, and provide more efficient infrastructure for the fast-growing demand for US Stock Tokens. Additionally, the zero-fee promotion for US Stock Token trading — originally set to end December 6 — has been extended through January 16, 2026. During this period, Bitget users trading US Stock Tokens will continue to enjoy **exclusive zero transaction fees and Gas fees**.