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Market Commentary | 11.22.
Market Commentary | 11.22.

Weekly Cryptocurrency Market Trends

DeSpread Research·2025/12/14 01:33
Terra Luna Classic Shakes the Crypto Market with Surprising Developments
Terra Luna Classic Shakes the Crypto Market with Surprising Developments

In Brief LUNC experienced a significant price decline following Do Kwon's sentencing. The court cited over $40 billion losses as a reason for Do Kwon's penalty. Analysts suggest short-term pressure on LUNC may persist, despite long-term community support.

Cointurk·2025/12/13 19:33
Flash
  • 01:25
    Aevo Ribbon DOV legacy vaults attacked, resulting in a loss of approximately $2.7 million
    ChainCatcher reported that Aevo officially stated that due to a vulnerability in the smart contract update, the old Ribbon DOV vaults were attacked, resulting in a loss of approximately $2.7 million. The Aevo platform was not affected and will continue to operate normally. All Ribbon vaults have been halted and will be immediately deactivated. The vaults lost about 32% of their total assets due to the attack. Users are advised to withdraw funds according to the standard withdrawal process. Withdrawals will require a contract upgrade, which will be launched next week (further notice will be provided). The claims window will be open for six months. After that, the DAO will liquidate all remaining assets and distribute them to users who previously withdrew, with compensation up to a maximum of 19% of the missing amount or the remaining available funds.
  • 01:17
    Last night, a cryptocurrency exchange shop in Mong Kok, Hong Kong, experienced an attempted robbery. The shop owner sustained minor injuries but suffered no financial loss.
    Jinse Finance reported that an attempted robbery occurred at a cryptocurrency exchange shop in Mong Kok, Hong Kong, on the evening of December 13. At around 8 p.m., the 46-year-old shop owner was closing the cryptocurrency exchange shop in the shopping mall at 608 Nathan Road when three men attempted to rob him. During the struggle with the suspects, the shop owner and his wife were involved, and the owner sustained a finger injury. He was later sent to Kwong Wah Hospital in Hong Kong for treatment and was conscious. Preliminary police investigations indicate that the shop owner did not suffer any financial loss. Surveillance equipment is installed both at the scene of the cryptocurrency exchange shop and in the mall corridor. The police are currently tracking the whereabouts of the three suspects, and the case is still under investigation.
  • 01:17
    A certain whale continued today to swap 340 BTC for 9,784 ETH, worth approximately $30.42 million.
    Jinse Finance reported that, according to on-chain analyst Yujin's monitoring, a certain whale/institution continues to execute BTC-to-ETH swap operations. Today, this address swapped 340 BTC for 9,784 ETH via THORChain cross-chain, worth approximately $30.42 million. Over the past 19 days since November 25, this whale/institution has cumulatively swapped 1,972 BTC cross-chain for 58,148 ETH, with a total value of about $176 million. The average cost of the swapped ETH is $3,028.
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