Santiment: Ethereum's current rebound is benefiting from strong buyouts by "Whale Wallets," accumulating 450,000 ETH in the past two weeks

December 4: Per official announcement, Binance Wallet will distribute the Alpha airdrop today at 8:00 PM UTC. Users holding at least 250 Alpha points may claim tokens on a first-come, first-served basis until the airdrop pool is exhausted or the event ends. Additional details will be released soon.

On December 4, the 10-year Japanese government bond (JGB) yield climbed above 1.9%, hitting its highest level since 2006, as markets increasingly expect the Bank of Japan (BOJ) to hike interest rates this month.

December 4 — Twenty One Capital, a Bitcoin investment firm backed by Cantor Fitzgerald and Jack Mallers, announced Wednesday that its business combination proposal with Cantor Equity Partners (Nasdaq: CEP), a special purpose acquisition company (SPAC), has been approved by CEP’s shareholders at a special meeting. The merger is expected to close on December 8. The post-merger entity will operate under the Twenty One Capital name, with its Class A common stock set to begin trading on the New York Stock Exchange (NYSE) on December 9 under the ticker symbol “XXI.”

On December 4th, Ethena Labs announced a partnership with Anchorage Digital—the only U.S. cryptocurrency bank with a federal charter, which provides regulated infrastructure to institutions. Anchorage will offer in-platform rewards to USDtb and USDe holders.

On December 4th, Tom Lee—Chairman of Ethereum Treasury firm BitMine—said at Binance Blockchain Week that he expects Bitcoin to hit $250,000 in the coming months. He also noted that if Ethereum’s price relative to Bitcoin reverts to its average over the past eight years, ETH could climb to roughly $12,000. Lee pointed out that Ethereum has started breaking out of its five-year trading range, and the trend of asset tokenization by 2025 will boost ETH’s utility value.

December 4th, Vitalik Buterin celebrated the successful Ethereum Fusaka upgrade, noting that the PeerDAS implementation in the upgrade enabled sharding and data availability sampling — a long-held dream for Ethereum. While increasing blob capacity has delivered a secondary boost to Layer 2 transaction scale — with recent analysis projecting L2 fees could drop 40-60% — Layer 1 will remain constrained until zk-EVMs mature, requiring both distributed block construction and a sharded mempool. This marks a key milestone for blockchain scalability, closing a decade-long gap in Ethereum’s roadmap since its sharding vision was first laid out in 2015. Over the next two years, focus will shift to optimizing PeerDAS stability and expanding the L1 gas limit to drive broader throughput gains.