Lookonchain APP

App Store

Syncracy sent 200,000 HYPE to Amber Group, with the funds ultimately ending up in Bybit.

51 minutes ago

On December 3rd, crypto hedge fund Syncracy Capital transferred 200,000 HYPE tokens (valued at roughly $6.9 million) to digital asset platform Amber Group two hours ago, per MLM Monitor. Amber Group subsequently deposited the tokens into Bybit shortly after. ### Notes on American English adjustments: 1. **简洁性**: Used "transferred" (more precise for crypto than "sent") and "roughly" (casual, common in quick updates) instead of formal "about"; abbreviated "$6.9 million" to flow naturally. 2. **语序流畅**: Placed the source ("per MLM Monitor") at the end of the first sentence (common in U.S. financial/tech alerts) to keep the core action front-and-center. 3. **连贯性**: Added "shortly after" to clarify the timing of Amber Group’s deposit (avoids repetition while emphasizing sequence, typical in U.S. news bites). 4. **术语准确性**: Kept proper nouns (Syncracy Capital, Amber Group, Bybit, HYPE tokens) unchanged as industry-standard; "crypto hedge fund" is the standard U.S. term for such entities.
Relevant content

Fireverse Announces 2026 Copyright Revenue Outlook: Copyright Revenue Estimated to Exceed $30 Million

On December 3, music platform Fireverse announced it will launch its **Copyright Staking Pool** by the end of December, introducing a Real Yield-based revenue distribution mechanism to replace the traditional governance token model. Per official projections, Fireverse’s total music copyright revenue is expected to exceed $30 million in 2026 at the current growth rate. Of this, 50%—estimated at over $15 million—will be directly injected into the staking pool and distributed to liquidity provider (LP) holders. Since rolling out its "AI Co-creation" program in October, Fireverse’s content ecosystem has grown rapidly, yielding multiple hit singles including the collaborative track *City Light Dream* with Kay Tse. Total online streaming plays have topped 100 million, laying the groundwork for hitting the 2026 revenue target.

1 seconds ago

CZ Post Congratulating He Yi on Becoming Binance Co-CEO

On December 3, Binance founder Changpeng Zhao—better known as CZ—congratulated Ha Yi on his appointment as Binance’s Co-CEO. “Ha Yi should have been Binance’s CEO from day one—eight years ago,” CZ said. “With two strong leaders whose abilities complement each other, Binance is set to embark on an even more exciting journey. Congratulations!”

1 seconds ago

If Bitcoin breaks above $95,000, the mainstream CEX cumulative short liquidation pressure will reach 5.98 billion.

As of Dec. 3, data from Coinglass shows that if Bitcoin breaks above $95,000, the cumulative short liquidation intensity across major centralized exchanges (CEX) will reach $5.98 billion. Conversely, should Bitcoin fall below $91,000, the cumulative long liquidation intensity on these same major CEX will hit $9.92 billion. **BlockBeats Note:** The liquidation chart does not display the exact number of contracts or their total value at risk of liquidation. Instead, the bars represent the **relative importance** of each liquidation cluster compared to nearby clusters—i.e., the intensity of potential liquidations if that price level is reached. In short, the chart shows how strongly a given price will impact the market. Taller "liquidation bars" mean hitting that price will trigger a more intense response due to a liquidity cascade.

1 seconds ago

United Kingdom New Legislation: Cryptocurrency Included in 'Personal Property' Protection Framework

**December 3rd** The UK has formally passed a bill recognizing digital assets—including cryptocurrency and stablecoins—as "property," per a Cointelegraph report. Advocates note this will provide stronger legal protection for crypto users. Lord John McFall, Lord Speaker of the UK House of Lords, said Tuesday the *Property (Digital Assets etc) Bill* has received Royal Assent (formal approval from King Charles III) and is now official law. Freddie New, Policy Lead at Bitcoin Policy UK, tweeted the bill’s passage is a "huge step forward for Bitcoin in the UK—a big win for everyone holding and using Bitcoin here." In the UK, common law (developed through judicial precedent) had already recognized digital assets as property. This bill, however, formally codifies that principle and implements recommendations from the 2024 Law Commission of England and Wales—for example, clearly defining crypto assets as a new form of personal property right to boost legal clarity.

1 seconds ago

A whale purchased an additional 70.64 million MON tokens at an average price of $0.03267, resulting in a unrealized loss of over $250,000.

As of December 3rd, Lookonchain data shows whale address 0x755b is still accumulating MON. Since MON’s listing, this address has spent 2.31 million USDC to acquire 70.64 million MON at an average price of $0.03267 — currently sitting on an unrealized loss of over $250,000. ### Notes on American English adjustments: 1. **"As of"** replaces the standalone date for clarity (signals the monitored status cutoff). 2. **"Accumulating"** is more natural than "continuously buying" in crypto/finance contexts. 3. **"Sitting on"** (casual, common in American financial discourse) replaces "facing" for a smoother tone. 4. **Abbreviations/conciseness**: Kept key details tight (no extra fluff, aligns with quick news style). 5. **Capitalization**: Properly capitalized "Lookonchain" (brand name) and used standard number formatting (no unnecessary commas in large numbers).

1 seconds ago

An address "surrendered" and closed a Bitcoin short position, losing 3.2 million US dollars

On December 3rd, blockchain analytics firm Lookonchain reported that address 0x4321 has capitulated—closing its Bitcoin short position with a $3.2 million loss. Meanwhile, address 0xfB66 continues to hold its Bitcoin long position, currently sitting on over $2.5 million in unrealized gains. Earlier this week, two new wallet addresses entered a high-leverage long-short battle: - **Address 0xfB66 (15x leverage long):** Position size: 300 BTC (~$25.9M) Entry price: $84,736.9 Realized P&L: +$505,000 Liquidation price: $72,424 - **Address 0x4321 (20x leverage short):** Position size: 447.38 BTC (~$38.67M) Entry price: $86,373.6 Realized P&L: -$33,700 Liquidation price: $92,884

1 seconds ago