Ethereum (ETH) continues to rise driven by whale accumulation, the flow back of spot ETF funds, and an improvement in market risk appetite. The market is now focusing on whether the end-of-year rally can break through the $4,000 resistance level. As the Federal Reserve policy decision approaches, traders are closely watching macroeconomic conditions and on-chain indicators to assess whether the rally can continue. Recent market data shows that before the FOMC meeting, overall sentiment in the crypto market has improved, with Ethereum outperforming Bitcoin and other mainstream cryptocurrencies. Analysts point out that the price increase is mainly driven by large investors and institutional buying. US spot Ethereum ETFs have seen a rebound in capital inflows this week, reflecting growing institutional interest.

Led by Tom Lee, co-founder of Fundstrat, Ethereum vault company BitMine has once again increased its bet on Ethereum. According to Arkham data cited by EmberCN, BitMine purchased 33,504 ETH through FalconX on Wednesday, with a total value of approximately $112 million. Although the company has not officially confirmed the transaction, its recent accumulation pace aligns with its established strategy. BitMine is one of the world's largest Ethereum vault institutions. This year, it has continued to expand its holdings and reaffirmed its long-term goal — holding 5% of the total ETH supply. According to its latest 8-K filing, as of December 7, BitMine held 3,864,951 ETH, 193 BTC, $1 billion in cash, and $36 million in Eightco Holding shares (the company associated with the Worldcoin WLD token).

Thursday, the entire cryptocurrency market continued its correction trend, with Bitcoin falling to around $90,000, erasing most of Tuesday's rebound gains. Despite the Federal Reserve's expected rate cut and resumption of government bond purchases, market risk appetite failed to persist, and major cryptocurrencies generally came under pressure. Bitcoin's latest trading price is approximately $90,250, down 2.4% over 24 hours. Ethereum fell 3.4% to $3,208, Solana dropped 5.8%, and Dogecoin retraced 5.5%. Market data shows that most large-cap tokens have turned negative in seven-day returns, with XRP down 8.6%, Cardano down 7.2%, and BNB down 5.9%.

In the past 24 hours, the cryptocurrency market experienced the largest leverage liquidation in weeks, with a total of $514 million in positions forcibly closed, including $376 million in long positions, nearly three times the short positions. Data shows that after consecutive days of gains, market sentiment became overly bullish, making this correction particularly fierce. Over 155,000 traders were liquidated, with the largest single liquidation being Bitcoin perpetual contracts worth $23.18 million on Hyperliquid. Platforms like Hyperliquid became the main centers of this volatility, with liquidations from three exchanges accounting for approximately 72% of the total liquidation volume. Among them, mainstream CEX liquidations reached $144.6 million, with 76% in long positions; Hyperliquid liquidated $115.8 million, with 83% in long positions; another exchange saw $109.3 million liquidated, with 72% in long positions.

Gate News Bot Message, December 11th, according to CoinMarketCap data, as of press time, ETH (Ethereum) is currently trading at $3,207.13, down 3.51% in the past 24 hours, with a high of $3,446.62 and a low of $2,930.65. The 24-hour trading volume reaches $34.929 billion. The current market capitalization is approximately $387.085 billion, down $14.096 billion from yesterday. Ethereum is a leading platform for innovative applications and blockchain networks. As the largest and most active developer community within the Web3 ecosystem, Ethereum supports multiple programming languages such as JavaScript and Python, as well as smart contract languages like Solidity and Vyper. Currently, the DeFi ecosystem has a total value locked (TVL) of approximately $142.8 billion.

Foresight News reported that the Ethereum Foundation tweeted that BPO-1 has been activated, increasing the blob capacity of each block to 15 and adding L2 space without a hard fork. BPO-2 is scheduled to launch in January , further increasing capacity at that time.

ChainCatcher message shows that the “pension-usdt.eth” whale closed over $64 million USD worth of BTC long positions today, with a profit of approximately $560,000 USD. In the past week, this address has accumulated a profit of $7.12 million USD, and over the past 30 days, it has gained more than $23 million USD.

The report mentions that some whales are increasing their holdings, especially in BTC and ETH. Huang Licheng and CZ both hold large long positions with unrealized gains, while Hyperliquid's short positions are also increasing. The overall market dynamics indicate that whales are adjusting their strategies amidst volatility.

PANews December 11 News, according to on-chain analyst Yu Yan monitoring, a giant whale/institution has exchanged 1469 BTC cross-chain for 43647 ETH (approximately $131 million) through THORChain over the past half month, with the average price of the exchanged ETH at $3000.

Superstate announces the launch of "Direct Issuance Programs," led by Compound founder Robert Leshner, allowing publicly traded companies to raise funds directly from KYC-verified investors through tokenized shares, expected to launch in 2026. The service operates on Ethereum and Solana, complies with SEC regulations, and does not require underwriters.

PANews December 10 News, according to Cointelegraph, Vitalik Buterin states that the occasional "loss of finality" on Ethereum does not pose a serious risk, with the key being to avoid "incorrect finalization." During this delay in finality caused by a Prysm client vulnerability, the chain can still operate normally. Ethereum expert Fabrizio Romano Genovese said that when finality is temporarily lost, Ethereum is more similar to Bitcoin, with its finality being probabilistic; Ethereum's rule is: when a block receives over 66% validator votes, it becomes "Justified," and after two more rounds of Epochs (64 blocks), it becomes "Finalized." He pointed out that this situation occurred in May 2023. Polygon states cross-chain and

Odaily Planet Daily Report: Ethereum co-founder Vitalik Buterin posted on X platform stating that occasionally losing finality is not a big deal. Finality is intended to ensure that blocks are not rolled back. If due to a significant client error, finality is delayed by a few hours, as long as the erroneous block is not finalized, the situation can be tolerated, and the chain will continue to operate during this period. Computer science PhD Fabrizio Romano Genovese agrees with Vitalik Buterin's view, noting that when finality is lost, Ethereum becomes more like Bitcoin. He explained that Ethereum's finality mechanism is that when a block receives more than

Santiment's latest on-chain data shows that the Ethereum market has seen a clear position divergence in the past three weeks: whales and medium-sized holders have increased their holdings by a total of 934,240 ETH, while retail investors have sold a net of 1,041 ETH during the same period. This structural difference is reshaping ETH's supply and demand landscape and driving a gradual price recovery. The data shows that the number of addresses holding 100 to 100,000 ETH has continued to increase since early December, and the cumulative trend of this group coincides with the decline in ETH volatility, the slowdown in decline, and the rebound. The Ethereum price subsequently rose as a large number of buying orders entered the market, indicating that the actions of large holders are clearly supporting the price.

Golden Finance reported that Peter Mintzberg, CEO of digital asset management company Grayscale, posted on the X platform that since Grayscale Ethereum Trust (ETHE) and Ethereum Mini Trust (ETH) support staking rewards, about $11.8 million worth of ETH staking rewards have been generated for investors in less than 60 days, and they are also the two best-performing ETF products in the US ETF market so far.

Golden Finance reported that Polygon has officially activated its latest network upgrade, the Madhugiri hard fork, which aims to accelerate on-chain processing efficiency through performance optimization. This upgrade reduces block time delays from 2 seconds to 1 second, resulting in faster transaction confirmations and an expected increase of approximately 33% in overall throughput. Madhugiri integrates several optimizations previously developed for the Ethereum Fusaka upgrade, including enhancements to gas measurement methods and execution processes, enabling the network to better handle higher computational loads. At the same time, the hard fork also introduces a new transaction type to further optimize the cross-chain interaction structure between Polygon and Ethereum.

Digital asset market maker Wintermute released a report stating that the current cryptocurrency market is undergoing deep consolidation, with liquidity recycling being the core driver. Funds are withdrawn from high-risk assets, concentrated in Bitcoin and Ethereum, and investors tend to "take risks at the right time."

Gate News Bot news, on December 10, according to CoinMarketCap market, as of press time, NIGHT (Midnight) is currently trading at $0.05, down 88.76% in 24 hours, reaching a high of $1.81 and falling back to $0.02, with a current market capitalization of about $840 million. # # NIGHT's recent important news: 1️⃣ **Gate World Premiere and Launchpool Detonate Market Demand** NIGHT will launch spot trading for the first time on Gate at 18:00 on December 9, simultaneously opening the 344th Launchpool. Users can stake ETH, GUSD, or NIGHT to participate in mining, sharing a total of 1.25 million NIGHT tokens. The Launchpool runs from December 9th at 20:00 to December

Bitcoin regained its footing at $92,000 after more than $2 billion in liquidations, and the market focus quickly retracted from altcoins to mainstream assets such as Bitcoin (BTC) and Ethereum (ETH). The increase in capital concentration indicates that investors prefer high-certainty head crypto assets under the current macro uncertainty. In terms of market capitalization performance, Bitcoin's market share is stable at about 59.11%, while Ethereum's remains at around 12.80%, showing a very narrow range of fluctuations. The latest report from Wintermute shows that both retail and institutional funds have rarely flowed into BTC and ETH at the same time, reflecting increased risk aversion in the market, with investors preferring to take selective risk exposure rather than chasing the high volatility of altcoins.

The "iron head and multi-army" whale closed its SUI and ETH long positions on December 10 and then opened their positions, with a floating loss of $31,000 in ETH long orders and a floating loss of $71,000 in SUI long orders. It made a profit of about $590,000 in the past week, but a floating loss of $1.135 million in a month.

Foresight News 消息，港股加密货币 ETF 上涨，截至发稿，嘉实以太币（03179.HK）涨 6.06%，报 7.875 港元；华夏以太币（03046.HK）涨 6.03%，报 7.83 港元；博时以太币（03009.HK）涨 5.88%，报 2.52 港元；嘉实比特币（03439.HK）涨 2.53%，报 11.34 港元。

According to Gate News Bot, as of December 10, based on CoinMarketCap data, ETH (Ethereum) is currently priced at $3,311.97, up 6.34% in the past 24 hours, reaching a high of $3,395.84 and a low of $2,930.65. The 24-hour trading volume stands at $32.143 billion. The current market capitalization is approximately $399.74 billion, an increase of $23.841 billion from yesterday. Ethereum is a leading platform for innovative applications and blockchain networks, continuously improving user experience through ongoing network upgrades. The network ecosystem supports a variety of application scenarios such as stablecoins, decentralized finance (DeFi), and non-fungible tokens (NFTs), aiming to build a more open and fair financial system. Currently, the DeFi ecosystem has $142.8 billion in total value locked, and the network secures $109.1 billion in value. Ethereum has the largest and most active developer community in the Web3 space, supporting programming languages such as JavaScript and Python, as well as smart contract languages like Solidity and Vyper, providing strong support for building decentralized applications.