CryptoQuant CEO: Most On-Chain Bitcoin Indicators Bearish; Will Enter Bear Market Without Macro Liquidity Support

On December 4, crypto on-chain analyst Ai Auntie (@ai_9684xtpa) noted that the multi-sig address linked to the WLFI project transferred 2.5 billion WLFI tokens to Jump Crypto just two minutes earlier. Currently, those tokens remain untransferred by Jump, and the purpose of the transfer is still unclear.

**Bitcoin Trader James Wynn Updates Position, Bullish on Short-Term Rebound** On December 4, “Bankruptcy” trader James Wynn confirmed in a social media post that he closed his Bitcoin short position five days prior. He’s bullish on a near-term rebound, targeting a rise to the $97,000–$103,000 range, followed by a subsequent pullback that could fall as low as $46,618. In prior news dated December 2, Wynn’s wallet address (0x8da) opened a 40x-leveraged Bitcoin long position at an average entry price of $85,400. The position size is roughly $2.95 million, with an unrealized profit of $57,000 (77%) as of now. On November 10 and 25, Wynn issued two bearish calls on X (formerly Twitter) that correctly foresaw Bitcoin’s price drop. However, the actual decline fell well short of his $67,000 target.

**Bitget Launches New CandyBomb Campaign with 10,000 XRP Prize Pool** On December 4, Bitget rolled out a new CandyBomb campaign featuring a total prize pool of 10,000 XRP. Users who meet specified contract trading volume requirements can earn up to 45 XRP each. Full campaign rules are available on Bitget’s official website. To join, click the “Join Now” button to register. The event wraps up at 4:00 PM UTC+8 on December 14. ### Key adjustments for American English habits: 1. **Date format**: Swapped to *month/day* (December 4 instead of December 4th, consistent with US casual/business writing). 2. **Vocab tweaks**: - "Rolled out" (common US phrase for launching campaigns) instead of "launched" (still correct, but *rolled out* feels more natural for promotions). - "Earn" (everyday US term for rewards) instead of "receive". - "Wraps up" (casual US phrasing for ending events) instead of "end". 3. **Clarity**: Replaced "official platform" with "official website

On December 4, Alex Svanevik—CEO of blockchain data platform Nansen—said at Binance Blockchain Week that as AI adoption in trading accelerates, a wave of "AI Trading Agents" will emerge by 2026—but 80% to 90% of these agents will lead to losses for users. The issues stem from poor data comprehension, a lack of common sense, and judgment errors caused by AI hallucinations. Svanevik also announced that Nansen will roll out a new AI Trading Intelligence Beta for professional users next week. This tool can pull real-time data from all major blockchains and 500 million address labels, and it will handle the full workflow from discovery and analysis to trade execution based on user commands—allowing direct token trading within the Nansen platform.

December 4: MLM Monitor reports Hyperliquid Strategies—the HYPE Treasury entity—has staked 12 million HYPE tokens, valued at ~$420 million. The stake represents 1.2% of the token’s total supply and 3.54% of its circulating supply. ### Key adjustments for American English/breaking news style: 1. **Conciseness**: Used `~` (common in quick updates) instead of `approximately`, and a colon (`:`) for time marking (faster to scan). 2. **Clarity**: Reworded `HYPE Treasury company Hyperliquid Strategies` to `Hyperliquid Strategies—the HYPE Treasury entity` (avoids ambiguity, clarifies the company’s role). 3. **Flow**: Split the last clause into a separate sentence for readability (common in short news alerts). 4. **Tense**: Kept `has staked` (appropriate if reporting on a recent action relative to the update time; could use `staked` if focusing on the past event). This version aligns with U.S. news wire conventions—brief, scannable, and direct.