Bitget VIP Exclusive USDT Wealth Management Quota Now Reopened

Update (Dec. 12): Per HTX market data, Ethereum has fallen below $3,100, marking a 2.1% drop over the past 24 hours.

On December 12, per monitoring from HyperInsight (link: https://t.me/HyperInsight), the "BTC OG Insider Whale" has seen all their BTC, ETH, and SOL 5x leveraged long positions swing to losses amid short-term market declines, with total position value exceeding $620 million. Key position breakdown: - ETH 5x long: Valued at over $500 million; limit buy order to add $64 million between $3,030 and $3,112.4; entry price $3,181.96; unrealized loss $9 million. - BTC 5x long: Total $90 million; entry price $91,506.7; unrealized loss $1 million. - SOL 5x long: Worth $34 million; entry price $137.5; unrealized loss $700k.

On December 12, market data shows U.S. stocks extended losses, with the Nasdaq down more than 1%, the S&P 500 off 0.5%, and the Dow Jones Industrial Average trimming gains to just 0.01%.

On December 12, spot gold prices tumbled nearly $50 in short order per market data, now trading at $4,303.52/oz.

On December 12, the Binance Wallet team released a security advisory confirming the ZEROBASE platform’s front end had been compromised—leading users to unintentionally authorize a malicious contract. To safeguard user assets, Binance Wallet has taken three emergency steps: blocking suspected malicious website domains, blacklisting associated malicious contracts, and committing to alerting potentially impacted users within 30 minutes. Earlier, ZEROBASE had disclosed that a phishing contract had surfaced on the BNB Chain, mimicking its official interface to trick users into approving USDT transactions. Binance strongly urges users to immediately open their wallet app, review authorization settings on the assets page, and revoke any suspicious approvals to avoid asset loss.

On December 12, Bitcoin fell below $91,000, per HTX market data, with its 24-hour price change narrowing to 0.7%.