Ethereum CEX Reserves Hit a New Low Since 2015, Market May Face Supply Squeeze
Ethereum’s centralized exchange reserves have hit an all-time low, sparking analyst warnings of a supply squeeze, per the latest data.
As of last Thursday, ETH reserves on exchanges dropped to just 8.7% of circulating supply—its lowest level since the network launched in 2015. The figure remained at 8.8% as of Sunday, staying in an extremely low range. Since July, ETH exchange balances have plummeted 43%.
Concurrently, institutional and Digital Asset Treasury (DAT) holdings have seen notable growth.
Research firm Milk Road noted: “ETH is quietly entering the most supply-constrained environment in its history—this is unprecedented.” By contrast, Bitcoin’s exchange reserves still sit at 14.7%.
Analysts point to large amounts of ETH locked in illiquid scenarios (where quick selling isn’t possible), including:
- Staking & restaking
- Layer 2 activities
- DAT treasuries
- Mortgage loops
- Long-term custody
Milk Road added that a supply squeeze could push prices high
2 minutes ago
Binance: "Suspected Employee Token Issuance" Incident Noticed, Internal Review Underway
Binance Customer Support officially addressed the “suspected employee token issuance” matter on December 7, stating: “We’ve noted the relevant feedback and are conducting an internal review. We maintain zero-tolerance for any listing-related or other corrupt practices. Once the investigation concludes, we’ll update the community promptly.”
Today, a widely shared claim circulating in crypto communities alleges that a Binance official or connected insider launched a specific meme coin at 13:29:45, and the exchange posted a promotional tweet at 13:30:00 that aligns with the theme of the token in question.
Crypto communities are currently speculating and theorizing about the incident’s details. The facts will remain unconfirmed until Binance releases its official investigation findings.
2 minutes ago
Two dormant 13-year-old Casascius physical bitcoins experienced a sudden movement, with 2,000 BTC being transferred.
On December 7, CoinDesk reported that a wallet tied to Casascius physical bitcoins—dormant for over 13 years—recently transferred 2,000 BTC (roughly $180 million). The BTC hadn’t been moved since 2011–2012, when Bitcoin traded for less than $15.
Launched in 2011 by American entrepreneur Mike Caldwell, Casascius coins featured embedded private keys and tamper-evident holograms, acting as offline cold storage. Denominations spanned 1 BTC to 1,000 BTC. Production was halted in 2013 after the U.S. Financial Crimes Enforcement Network (FinCEN) labeled them unregistered money transmitters.
Some 90,000 units remain in circulation, though most hold small BTC amounts. Only 6 coins and 16 gold bars contain 1,000 BTC apiece. It’s unclear whether the transfer is for sale, internal restructuring, or security purposes (such as risk of physical material degradation).
Earlier this year, a user holding a 100 BTC Casascius gold bar had to move roughly $9 million in funds to a hardware wallet, a
2 minutes ago
Solana Foundation President Calls on Kamino and Jupiter to End Infighting, Focus on Growing Market Share
On December 7, Solana Foundation President Lily Liu reached out to Kamino and Jupiter, noting: “Hey Kamino & Jupiter. Our total lending market is ~$5B. Ethereum’s is roughly 10x that. The collateral market in traditional finance is countless times larger. We can rib each other (e.g., jokes about ‘one-click lending position conversion’ or casual offhand comments) or choose to focus on capturing more market share across the entire crypto industry—ultimately targeting traditional finance.”
Previously, BlockBeats reported that Jupiter COO Kash Dhanda addressed community concerns, clarifying the team’s earlier social media claim that Jupiter Lend’s treasury had “zero contagion risk” was inaccurate. Jupiter had previously promoted its lending treasury as an “isolated risk structure,” asserting “no cross-contamination between trading pairs, thus eliminating all contagion risk”—content that has since been removed.
Last week, Solana lending platform Kamino temporarily blocked Jupiter Lend
2 minutes ago
「Leverage Buddy」 Ethereum Whale Position Plunges into Floating Loss Again, Previously Reaching a Floating Profit of over $1.6 Million, with the Latest Liquidation Price at $2,990.67
December 7th: Per HyperInsight’s monitoring, Ethereum long positions at the "Big Brother" address tied to Huang Lizheng have once again slipped into unrealized losses, with current losses totaling $164,000.
Previously, the position had posted unrealized gains of over $1.6 million at one point — before the "Big Brother" repeatedly closed out long positions against market trends.
Currently, the position is a 25x leveraged long of 7,925 ETH, with an entry price of $3,057.48 and a liquidation price of $2,990.67.
2 minutes ago
A whale went long with an average price of $3,040.92, doubling up on 20,000 ETH.
On December 7th, Lookonchain data shows whale address **pension-usdt.eth** opened a 2x leveraged long position on ETH:
- Purchased 20,000 ETH (valued at ~$60.93 million)
- Entry price: $3,040.92
- Liquidation price: $1,190.66
This version uses concise, news-friendly phrasing common in U.S. crypto/finance快讯:
- Replaces "according to lookonchain monitoring" with "Lookonchain data shows" (more natural for quick updates)
- Adds "address" to clarify "pension-usdt.eth" is a wallet (avoids ambiguity)
- Breaks key details into bullet points for readability (standard in U.S. financial briefs)
- Uses "~$60.93 million" (casual abbreviation for "approximately" in quick updates)
- Keeps critical metrics (leverage, entry/liquidation prices) front and center.
2 minutes ago
App Store
Profile
Security
Sign Out
Feeds
Articles
Source
Add to Favorites
Download image
Share x
Copy link
