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BlockBeats News, December 25th, according to The Data Nerd monitoring, 3 hours ago, a whale transferred 2000 ETH (worth about $5.88 million) to an exchange. Within the past week, the address has cumulatively transferred 9700 ETH to the exchange (total worth approximately $28.85 million), with an average entry price of around $2327 per ETH, realizing a profit of about $6.28 million.

According to Odaily, Greeks.live macro researcher Adam posted on X that more than half of the total open interest in options will expire this Friday, the 26th. Currently, rolling over positions is the absolute main force in trading, but this brings a lot of signal noise to the crypto market. In the past few days, it is not advisable to use options data as trading signals. For example, today the proportion of large put transactions reached 30%, but this is not a bearish signal. There have been many deep out-of-the-money and in-the-money put options traded. Of course, this should not be regarded as institutional views on price levels either, because when a large number of options are about to expire, many institutions roll over positions in advance to hedge against pin risk.

PANews reported on December 25 that the suspected "1011 insider whale" Garrett Jin analyzed that last week’s decline in the US stock AI sector was mainly due to the misinterpretation of remarks by the Broadcom CEO and rumors regarding the "China EUV Manhattan Project," lacking fundamental support for the next 6 to 12 months. This week, AI concept stocks have fully rebounded, and the Nasdaq has recovered all its losses, indicating that market sentiment has stabilized. Regression analysis shows that ETH and the Nasdaq 100 still have a high correlation (Beta about 1.11, R² at 0.089), highlighting ETH’s strong linkage as a technology asset in macro trends.