Selected News:

1. SEI broke through $0.54, reaching a new historical high;

2. FTX proposed to compensate customers in Bitcoin at a rate of $16,871 per coin, but faced opposition from creditors;

3. UniSat Wallet: The trading market now supports ARC20 assets.

4. The PancakeSwap community has passed a proposal to "reduce the maximum supply of CAKE to 450 million."

Price Observation

MUBI falls below $0.2, down over 50% from its all-time high

According to Coingecko data, MUBI has continued to decline and has fallen below $0.2, currently trading at $0.192. Since its high point on December 16th ($0.369), it has fallen by over 50%.

Sei ecosystem Meme token SEIYAN surged over 90% in 24 hours, now trading at $0.0394 USDAccording to Coingecko data, Sei ecosystem's Meme token SEIYAN has surged over 90% in the past 24 hours and is now trading at $0.0394.

BlockBeats Note: The Meme token market fluctuates greatly, please invest rationally.

SEI breaks through $0.54, reaching a new historical highAccording to market information, SEI has broken through $0.54 and is currently priced at $0.547722, reaching a new historical high.

Transaction Tracking

A certain Smart Money address withdrew 417,000 LINK from Binance in the past 2 days.

According to Lookonchain's monitoring, a Smart Money address withdrew 417,000 LINK (approximately $6.9 million) from Binance in the past 2 days.

It is reported that the address previously purchased 641,386 LINK at an average price of $7.4 (about $4.77 million), and then sold them at an average price of $15.1, earning a profit of about $4.9 million.

A whale withdrew 1894 ETH from Aave and sold it at an average price of $2334.

According to on-chain analyst @ai_9684xtpa's monitoring, a certain whale withdrew 1894 ETH from Aave and sold them (worth $4.42 million) at an average price of $2334, resulting in a loss of $125,000.

On December 27th, over 28,000 BTC were withdrawn from CEX, marking the largest single-day outflow in the past 12 months.

Glassnode data shows that on Wednesday (December 27th), over 28,000 BTC (worth $1.19 billion) were withdrawn from CEX, marking the largest single-day outflow in BTC terms since December 14th, 2022.

According to the analysis company CryptoQuant's data, Coinbase is the custodian for 9 out of 12 proposed BTC spot ETFs in the United States. On Wednesday, over 18,000 BTC flowed out of the Coinbase platform, leading the cryptocurrency community to speculate whether institutional on-chain activity is related to Bitcoin spot ETFs. (CoinDesk)

A certain whale has started gradually redeeming and selling its holdings of ETH and WBTC LP that have been held for 9 months.

According to Yu Jin's monitoring, a certain whale bought 86,75 ETH (costing $1,672) and 541.3 WBTC (costing $28,615) using $30 million from September of last year to March of this year, and then added them to the Uniswap liquidity pool.

After holding for 9 months, the address gradually redeemed and sold: currently sold 94.2 WBTC and 6819 ETH, worth nearly $20 million, starting 10 days ago.

Currently, it still holds a value of 23.3 million US dollars worth of WBTC and ETH in the Uniswap liquidity pool.

Project Updates

Starknet Foundation: Early Community Member Program will not be announced today and will be made public on the day of implementation

Rune Alpha: Trading market will officially open on January 3rd

The Bitcoin inscription project Rune Alpha announced on its social platform that it will open the market on January 3rd. The first phase will list COOK, PSBTS, GROK, X, and GOONFI.

Ripple expects to fully release over 41 billion XRP from its escrow wallet by 2027

Ripple recently released its Q3 market report, disclosing its XRP holdings and market operations. As of the end of Q3, the disposable balance in Ripple's corporate accounts exceeded 5.25 billion XRP. These funds are decided by the company for operational purposes.

More than 41 billion XRP are stored in custody wallets. Ripple receives 1 billion XRP from the custody wallets each month for sales or operational expenses, some of which are usually sold. Reports show that Ripple sold nearly 892 million XRP from July to September. However, Ripple typically returns most of the received XRP to the custody wallets. For example, approximately 800 million XRP have been returned to the custody wallets each month since August.

According to the pattern of releasing and re-hosting XRP tokens in its custody wallet, the time for the XRP tokens in the custody wallet to be fully released may be longer than expected (Ripple stated at the end of October that these locked tokens will be released every month within the next 42 months). Ripple estimates that by early 2027, about 40 billion XRP tokens held in custody will be fully released. However, considering Ripple's practice of re-hosting most of the released funds every month, the final release date may exceed this schedule. (Cryptopolitan)

NFPrompt announced the NPF staking economic model and launched the "AI gold rush for staking NFP" plan.According to official sources, NFPrompt has announced the NPF token staking economic model and launched the "Staking NFP for AI Gold Rush" program, aiming to provide the community with more governance and decision-making rights, allowing NFP holders to participate more comprehensively in the construction of the NFPrompt ecosystem.

CeFi Information

Binance DeFi staking mining will be delisted on January 9th and will no longer provide subscription services.

According to official sources, Binance DeFi staking and mining will be delisted at 14:00 on January 9, 2024 Beijing time and will no longer provide subscription services. The BNB, USDT, XVS, DAI, and CVX balances held by users in Binance DeFi staking and mining will be automatically redeemed and deposited into their spot wallets on the day the product is delisted. Users can also redeem their assets from the product before delisting.

Binance announced that it will remove some liquidity pools of Liquid Swap on January 5th.

According to official sources, Binance Liquid Swap will remove multiple liquidity pools, including ADA/BTC, BNB/USDT, BTC/USDT, DOGE/BTC, DOGE/USDT, ETH/USDT, LINK/BTC, SHIB/USDT, USDT/DAI, and XRP/USDT, at 12:00 PM on January 5, 2024 Beijing time. Users holding positions in the above liquidity pools will automatically receive their deposited assets in their spot wallets at 12:00 PM on January 5, 2024.

FTX proposes to compensate customers in Bitcoin at a rate of $16,871 per coin, but faces opposition from creditors.

According to recent court documents, FTX is seeking court approval to propose compensating customers with an estimated value of 16,871 USD per BTC, 1,258 USD per ETH, and 16 USD per SOL. This move has drawn strong criticism from FTX creditors, who describe it as another form of theft and urge people to oppose the plan.

FTX debtor argues that this valuation reflects the "fair and reasonable" price of these cryptocurrencies. This is crucial to prevent any obstacles in the bankruptcy proceedings and adds that "it is impractical and unnecessary to liquidate each individual claim for digital assets, and it will unnecessarily delay the Chapter 11 case." In addition, FTX estimates the compensation price of AVAX to be $14.19 per coin, while stablecoins USDT, TUSD, and BUSD are slightly lower than their $1 anchor price.

OKX officially launches 2023 annual report, participate and share to win rich rewardsAccording to official sources, OKX has officially launched its 2023 annual report, which covers two major types of bills: exchange bills and Web3 wallet bills. By providing dozens of diverse and multi-dimensional data to visualize the investment process, the report helps users quickly, intuitively, and comprehensively review their annual investments.

In addition, OKX also provides users with rich rewards. Users can follow OKX's official Chinese account and share the annual report according to the rules to get a chance to win a grand prize of 888 USDT. Users can also receive a limited edition NFT for free from OKX, with a limit of one per person on a first-come, first-served basis. Users can upgrade their OKX APP to version 6.45.0 or above to view their annual report.

Binance: BTC/USDT futures contract price display error, trading not affected

Binance stated on its social media platform that it has noticed an error in the displayed price of BTC/USDT futures contracts on the platform, but trading is not affected. The team is working hard to resolve the issue as soon as possible. User funds are safe.

Earlier, there were reports of a possible malfunction in the BTC/USDT perpetual contract K-line interface, with the price displaying around 425,648 USDT.

OKX will delist KSM/USDC, FLOW/USDC and other spot trading pairs

OKX announced that it will delist some token spot trading pairs. KSM-USDC, FLOW-USDC, JST-USDC, KNC-USDC, ANT-USDC, FSN-USDT, ZKS-USDT, CAPO-USDT, and CVP-USDT will be delisted from 16:00 to 16:30 on January 4, 2024.

On January 5th, 2024 from 16:00 to 16:30, XMR-BTC, XMR-ETH, XMR-USDT, XMR-USDC, DASH-BTC, DASH-USDT, ZEC-BTC, ZEC-USDT, ZEC-USDC, and ZEN-BTC, ZEN-USDT will be offline.

Viewpoint Data

Scopescan: Beware of fake STRK contract addresses, deployers will transfer fake coins to addresses such as Gemini and DWF Labs to deceive users.

According to Scopescan monitoring, a fake STRK contract address has been deployed at the address starting with 0x60E1. The deployer is sending fake tokens to Gemini, DWF Labs, Jump Crypto, and Robinhood addresses in an attempt to deceive users by pretending to be genuine coins.

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