Selected News:

1. Yesterday, the total network transaction fees of Bitcoin exceeded 560 BTC, with a 24-hour increase of over 33%.

2. Zhu Su released a tweet "Comeback of the East Mountain", and OX rose more than 15% in a short time.

3. In the past 24 hours, SmartMoney has seen a net inflow of nearly $23 million into WLD.

4. Bitcoin fell below $41,000, with a 24-hour decline of 2.73%.

5. Influenced by the Trader Joe founder's motto, the transaction fee for a single trade on the Avalanche network has exceeded $4.

Price Observation

WLD breaks $4.5, up nearly 40% in 24 hoursAccording to OKX market data, WLD has broken through $4.5 and is currently priced at $4.505, with a 24-hour increase of 38.11%.

MOBILE rose and reached a new historical high of 0.0048 USD.

According to market data, MOBILE rose to touch 0.0048 USD before falling back, continuing to hit a new historical high. It is currently priced at 0.004746 USD, with a 24-hour increase of 29.87%.

Ethereum falls below $2200, down 1.19% in 24 hours

According to the market data from OKX, Ethereum has fallen below $2200 and is currently trading at $2198, with a 24-hour decline of 1.19%.

Zhu Su 发布推文「东山再起」，OX 短时涨超 15% Translation:

Zhu Su released a tweet "Comeback in the East", and OX rose more than 15% in a short time.

Zhu Su posted on social media "Comeback of the East Mountain". Since then, OX has seen a short-term maximum increase of 16.5%, currently trading at $0.0148.

Bitcoin falls below $41,000, down 2.73% in 24 hours

According to OKX market data, Bitcoin has fallen below $41,000 and is currently priced at $40,937, with a 24-hour decline of 2.73%.

Transaction Tracking

A certain whale deposits 5000 ETH and 3 million USDT into Blast

According to monitoring by @ai_9684xtpa, half an hour ago, a whale address starting with 0xf73 deposited 5000 ETH (worth $11.54 million) and 3 million USDT into Blast, both of which were withdrawn from Binance.

In the past 24 hours, nearly $23 million of SmartMoney funds have flowed into WLD.

According to Nansen data, approximately $22.79 million of SmartMoney net inflows were recorded in WLD in the past 24 hours.

A certain whale address withdrew 10,000 ETH from Binance and deposited it into Blast in the past 24 hours, becoming the third largest deposit address in Blast.

According to the on-chain data analyst Yu Jin, a whale address withdrew 10,000 ETH (approximately $22.22 million) from Binance and deposited it into Blast in the past 24 hours. The address has deposited a total of 10,194 ETH (approximately $22.65 million) and 3 million USDT into Blast, becoming the third largest deposit address on Blast.

Project Updates

This week's unlocked data overview: a total of only about $6.68 million in value released, 18.49 million IDs will be unlocked on December 22nd.

According to Token Unlocks data, this week ID and other tokens will experience a one-time unlock, with a total release value of approximately $6.68 million. Among them:

On December 20th at 8:00, Nym will unlock 3.34 million NYM tokens (approximately $61,520) which accounts for 0.53% of the circulating supply.

On December 21st at 1:54, Euler will unlock 12.33 million EUL (approximately $397,000 USD), accounting for 0.66% of the circulating supply.

On December 22nd at 8:00, SPACE ID will unlock 18.49 million IDs (approximately $5.31 million USD), accounting for 4.29% of the circulating supply.

According to BTC.com data, the current best transaction fee for the Bitcoin network is 643 Satoshi/vbyte. In addition, there are 347,304 unconfirmed transactions on the entire Bitcoin network.

受 Trader Joe 创始人发布铭文影响，Avalanche 网络单笔交易手续费突破 4 美元 Translation:

Due to the influence of the Trader Joe founder's inscription, the single transaction fee of Avalanche network has exceeded 4 US dollarsAccording to Avascan data, the average gas fee on the Avalanche network is currently 5,110.30 nAVAX (approximately $4.41 USD).

Earlier today, Trader Joe founder @cryptofishx posted on social media to introduce the asc-20 standard inscription (Avascription) BEEG, stating that the inscription has no roadmap or practical use case and is only a social experiment. It is reported that 37% of BEEG was minted within 2 hours and 15 minutes after its launch, with about 4,300 holders. @cryptofishx has apologized for causing congestion on the Avalanche network and is discussing solutions for this issue.

In the past 24 hours, the entire network has been liquidated for $154 million, with long positions being the main ones to be liquidated.

According to Coinglass data, the entire network has liquidated $154 million in the past 24 hours, with long positions liquidated at $125 million and short positions liquidated at $28.62 million.

Regulatory News

CFTC Chairman: Many cryptocurrencies are considered commodities under current law

According to News.bitcoin, Rostin Behnam, the chairman of the Commodity Futures Trading Commission (CFTC) in the United States, stated that many digital assets or tokens are considered commodities under current law. However, Behnam expressed regret over the emergence of regulatory gaps and urged the US Congress to intervene. He also emphasized that he gets along well with Gary Gensler, the chairman of the US Securities and Exchange Commission.

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