USDC supply surpasses 75 billion, capturing a market share of 24.9%

On December 25th, **Pacifica**—a decentralized perpetual contract trading platform—now lets users view funding rate data across multiple platforms: Pacifica itself, Binance, Hyperliquid, Bybit, and Lighter. This makes it easy to quickly compare rate differences between exchanges. Pacifica traders have already deployed arbitrage strategies by opening long and short positions simultaneously. Per Pacifica’s real-time funding rate data, the following major crypto assets have notable positive or negative rate gaps vs. other platforms: - HYPE: Pacifica vs. Bybit: +0.00188% - BCH: Pacifica vs. Binance: +0.00108% - SOL: Pacifica vs. Hyperliquid/Binance: -0.00215% - WLFI: Pacifica vs. Binance: +0.00337% - 2Z: Pacifica vs. Hyperliquid: +0.01% For traders looking to do high-frequency trading or boost volume to earn points, funding rates can also help pick trading pairs with manageable costs. On-chain data analysis and copy-trading tool Coinbob has launched **Coinbob Pacifica**

December 25th Update: On-chain analyst Ai Auntie (@ai_9684xtpa) reports that Yihua Group subsidiary Trend Research holds 645,000 ETH (645k ETH) with an average withdrawal cost from centralized exchanges (CEXs) of ~$3,299.43. The holding currently faces an unrealized loss of ~$242 million. Monthly withdrawal breakdown: - November: 630,571.5 ETH withdrawn from CEXs between Nov 2–21, totaling $2.1 billion at an average price of $3,337.39. - December: 84,954.4 ETH withdrawn from CEXs between Dec 14–23, totaling $256 million at an average price of $3,017.73.

On December 25th, Cloverpool data shows Bitcoin’s mining difficulty adjusted at block height 929,376 at 11:48:06 AM Beijing time today, rising 0.04% to 148.26 T. The network’s seven-day average hash rate currently stands at 1.07 ZH/s.

Per Onchain Lens monitoring, a whale withdrew 3,000 ETH (≈$8.81 million) from Binance on December 25th.

On December 25, the Bank of Korea (BOK) announced it will decide next year whether and when to further cut interest rates, based on a comprehensive assessment of future data. The central bank also noted it will step up market monitoring and actively roll out stability measures amid heightened caution in domestic and foreign exchange markets. Last month, the BOK held its key interest rate steady for a fourth straight time at a policy meeting, hinting the current rate-cut cycle may be winding down as the weakening won has limited scope for additional monetary easing. Its next policy meeting is scheduled for January. (FXStreet)