#ETH走势分析 Today's 16 updates worth following in the encryption circle

Market Briefing on December 2, 2025

**Large Transfer Section**
The WLFI team's associated wallet today dumped 73.16 million WLFI into a leading exchange, which is approximately 11.11 million USD based on market value. Paradigm is also not quiet; the associated wallet transferred 6,300 ETH to a compliant platform. There's something even more explosive — an address that had been dormant for 15.7 years suddenly woke up and distributed 50 BTC into 5 new wallets. In the past week, 10 newly created wallets received a total of approximately 231 million USD worth of BTC from BitGo. Two addresses deposited 13,356 ETH to Kraken within 7 hours; this operation is quite intense.

**Financing and Products**
The Bitcoin savings application Bitstack has secured $15 million in Series A funding, led by 13books Capital. Franklin Templeton's XRP spot ETF has surpassed a market value of $100 million. Grayscale is set to launch the first Chainlink spot ETF, marking a new trend. A compliant platform has included HBAR and MANTLE in the COIN50 index for the fourth quarter.

**Whales and Large Holders**
Suspected Ethena Labs has withdrawn 25 million ENA. "Majin" has been crazily increasing ETH long positions in the past 2 hours, with holdings skyrocketing to 8.8 million dollars. "Calm Order King" is counter-trend bottom fishing $BTC, $ETH, $SOL, with a position size reaching 13.6 million dollars, quite bold.

**Macro and Perspective**
The "mouthpiece" of the Federal Reserve said that the new chairman candidate will meet Trump this week, and the nomination could be announced before Christmas. The probability of a 25 basis point rate cut in December is now 87.6%.

There is a viewpoint worth pondering: Bitcoin will oscillate within a range in the short term, with $75,000 being the dividing line between bull and bear markets. The cryptocurrency fear index has dropped to 23, and the market is still in a state of "extreme fear."

$BTC $ETH $SOL