Gate.io Launches INIT Perpetual Contract Pre-trading

On December 25, Coinglass data shows centralized exchanges (CEXs) recorded a cumulative net outflow of 43,800 ETH over the past 24 hours. The top three CEXs by ETH outflow: - Binance: 25,400 ETH - OKX: 12,200 ETH - Bybit: 5,475.79 ETH Additionally, bitFlyer topped the inflow rankings with an ETH inflow of 1,644.30.

Dec. 25 — Per HTX market data, BANANA has surged more than 28% over the past 24 hours, now trading at $7.76, with its market cap climbing to $31 million.

On December 25th, Relayer Capital founder Austin Barack announced that Maple Finance closed the largest single loan in history yesterday — $5 billion — while its outstanding borrowings hit a record high. The milestone marks a strong end to 2025 for the protocol and cements it as one of the most prominent growth stories in the decentralized finance (DeFi) space. Maple’s native token, SYRUP, is among Relayer Capital’s highest-conviction core holdings.

Data from Coinglass shows Bitcoin (BTC) had a net outflow of 510.29 BTC across centralized exchanges (CEXs) in the past 24 hours. The top three CEXs by BTC outflow were: - Kraken: 1,219.12 BTC out - Gemini: 481.69 BTC out - Gate: 140.12 BTC out Additionally, Binance led CEX inflows with 1,671.26 BTC coming in.

December 25 – Per data from Coinbob Popular Address Monitoring (https://t.me/Coinbob_track_CN), most crypto whales showed no new activity over Christmas. The “BTC OG Insider Whale” has kept liquidation exposure above $40 million for a week, while the “CZ Contrarian” whale remains long on ETH and XRP with total exposure near $30 million. Key updates: - **BTC OG Insider Whale**: No position changes since flattening ETH/SOL longs on Dec 18. Total liquidation exposure ~$48.2M. Top holding: ETH long ($41.21M exposure, -34%), avg entry $3,147, size ~$603M. Also holds BTC/SOL longs; total size ~$723M (Hyperliquid’s top ETH long). - **CZ Contrarian**: ETH long: ~$13.8M exposure (-122%), size ~$168M, avg $2,947, liquidation price $2,669, floating profit $75k. XRP long: ~$724.1M size, $16.59M exposure (-229%). No changes in 7 days; total exposure $30.42M (Hyperliquid’s largest XRP long, 2nd-largest ETH long). - **pension-usdt.eth**: 3x-leveraged ETH long: ~$88.32M size, avg $2,967, liquidat

**December 25th Update** According to Coinglass data, Ethereum’s cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $796 million if the token falls below $2800. Conversely, cumulative short liquidation intensity on major CEXs will reach $889 million if Ethereum breaks above $3100. **BlockBeats Note** Liquidation charts do not display the exact number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on these charts actually reflect how important each liquidation cluster is relative to its adjacent clusters—i.e., "intensity." Thus, the chart shows the extent to which the underlying asset’s price will be affected when it hits a specific level. A taller "liquidation bar" signals a more intense price reaction due to a liquidity cascade.