Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

Dec 17: Matrixport transferred 1,000 BTC (valued at $86.9 million) to Binance, per Onchain Lens monitoring.

Per Farside Investors data released December 17, Bitcoin ETFs recorded a net outflow of $277.2 million on December 16, while Ethereum ETFs saw $224.2 million in net outflows the same day.

As of December 17, Polymarket data indicates Bitcoin has a 32% probability of dropping below $80,000 in December, 6% odds of falling below $70,000, and a 9% chance of surpassing $100,000.

Ernesto Boado, core contributor to Aave and co-founder of BGD Labs, proposed the “AAVE Token Alignment” on December 17. The initiative aims to grant AAVE token holders control over Aave’s brand assets—including domain names, social media accounts, and naming rights. These assets will be managed by an entity controlled by a DAO (with the specific definition to be finalized later) and will feature robust anti-takeover safeguards. As a result, the proposal mandates that any party currently overseeing these assets—regardless of their identity—must uphold their responsibilities both in principle and in practice.

On December 17th, per HTX market data, Bitcoin dropped below $87,000, posting a 1.49% 24-hour change.

**Bitcoin Chip Concentration & Key Macro Events to Watch** On-chain data analyst Murphy noted December 17 that Bitcoin’s (BTC) chip concentration is a reliable early warning signal for impending volatility. ### Key Alert Levels - A 5% range around the current spot price: - ≥13% concentration = **caution zone** - ≥15% concentration = **high-risk zone** - The more concentrated chips are, the higher the probability and magnitude of volatility. ### Current Status BTC’s chip concentration is now 11%—moderately high but not yet in the caution zone. Large price swings are unlikely; the chip structure doesn’t support a chain reaction right now. ### Macro Focus Markets are tracking two critical events: 1. U.S. CPI data (December 18, 9:30 PM ET) 2. Bank of Japan (BOJ) interest rate decision (December 19) ### Analyst Take As long as CPI doesn’t beat expectations significantly, its impact will be limited to minor fluctuations—not as intense as the lead-up to Au