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An Whale Address Liquidated its 20x BTC Long Position, Holding for 35 Days with a Loss of $7.79 Million

15 hours ago

As of December 15th, onchain analytics show a whale address has closed its 20x-leveraged Bitcoin long position, confirming a $7.79 million loss after holding the position for 35 days. Meanwhile, the same whale has opened a 2x-leveraged long position on ZEC.
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The Atlanta Fed's Board of Directors has initiated the search for the next Chair.

On December 16, following news that current Atlanta Fed President Raphael Bostic will retire at the end of February, the Atlanta Fed’s Board of Directors has launched a search for his successor. Under the Federal Reserve Act, regional Federal Reserve Bank presidents are elected by their bank’s Class B and Class C directors—who are unaffiliated with regulated financial institutions—and final candidates require approval from the Federal Reserve Board in Washington. The Atlanta Fed’s next president will become a voting member of the Federal Open Market Committee (FOMC)—the body responsible for setting U.S. interest rates—in 2027. (Jinse)

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A trader opened an $180,000 PIPPIN position two months ago, and the paper return is now 20x.

As of December 16th, LookOnChain monitoring shows a trader who invested $180,000 to buy 8.16 million PIPPIN tokens on October 24th still holds all of them. The current value is $3.6 million, marking a 20x return on investment.

17 minutes ago

A whale is currently holding 21,850 ETH, facing an unrealized loss of over $6.24 million, and has initiated a leverage long position loop.

**December 16th** On-chain analyst Ai Auntie (@ai_9684xtpa) reports an ETH whale withdrew 21,850.15 ETH (valued at ~$70.6 million) from a trading platform between December 5 and 15, with an average withdrawal price of $3,231. The whale currently holds a realized loss of $6.246 million, and its most recent withdrawal—2,000 ETH—occurred just 6 hours ago. The ETH is split across 5 wallets. One address holds a leveraged long position: it has staked 18,706.9 ETH to borrow 31.34 million USDT, with a health factor of 1.41.

17 minutes ago

Paradigm Team Members Successively Announce Resignations

On December 16, Nick Martitsch—Head of Market Development at crypto venture firm Paradigm—announced this week will be his last at the firm, where he built and advanced the GTM (Go-To-Market) function over three years. Yesterday, Paradigm General Partner Charlie Noyes announced he’s stepping down from his operational role but will remain a board observer for Kalshi alongside Paradigm co-founder Matt Huang. He’ll also continue supporting the firm’s portfolio companies and founders.

17 minutes ago

A certain whale's ETH long position with stop loss incurred a loss of $4.86 million and has exited, with the remaining account funds fully withdrawn.

On December 16, per Onchain Lens data, a crypto whale who previously lost $3.34M on an ETH long has now been fully liquidated—after reopening an 8x leveraged ETH long position—incurring an additional $1.23M in losses. In total, the whale has amassed a combined loss of $4.86M and withdrawn all remaining funds from Hyperliquid.

17 minutes ago

Crypto Market Sentiment Plunges to "Extreme Fear," Fear Greed Index Currently at 11

On December 16, the cryptocurrency Fear and Greed Index stands at 11 (down from 16 yesterday), per Alternative Data—with market "extreme fear" sentiment approaching its highest level in nearly a year. Note: The index ranges from 0 to 100, with components weighted as follows: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends Analysis (10%).

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