CryptoQuant Analyst: $2,800 May Serve as Key Support Level for ETH, On-chain Data Shows Whales Continuing to Accumulate

December 15 – Per monitoring from Hyperinsight (https://t.me/HyperInsight), as Bitcoin broke below $88k, triggering a broad decline in Ethereum, altcoins, and U.S.-listed crypto stocks, “Brother Ma” Huang Licheng was liquidated again. Currently, he holds just 2,300 ETH in his 25x leveraged ETH long position, with a position value of $6.96 million. The liquidation price for this remaining position is $3,009. Roughly 2,500 ETH was partially liquidated in this latest incident. Just 45 minutes prior, he had deposited 250,000 USDT to add 800 ETH to his long position.

Dec. 15 — Market data shows U.S. crypto-related stocks tracked Bitcoin lower. As of press time, Bitcoin has fallen below $88,000. Below are performance updates for select crypto stocks: - Coinbase (COIN): Down 4% - Circle (CRCL): Down 6.61% - MicroStrategy (MSTR): Down 3.58% - Bullish (BLSH): Down 3.4% - Gemini (GEMI): Down 13.69% - Bitmine (BMNR): Down 5.79% - SharpLink Gaming (SBET): Down 3.81% - Bit Digital (BTBT): Down 5.78% - ETHZilla (ETHZ): Down 5.24% - BNB Network Company (BNC): Down 4.62% - ALT5 Sigma (ALTS): Down 3.72% - American Bitcoin (ABTC): Down 4.78% ### Notes on U.S. language/format habits: 1. Uses **"Dec. 15"** (common abbreviation vs. full "December 15th") 2. Replaces "At the time of writing" with **"As of press time"** (standard for news briefs) 3. Clear bullet list + ticker symbols in parentheses (standard for stock updates) 4. Concise, no extra fluff (matches U.S. financial news brevity) 5. Consistent formatting for percentag

Dec. 15 — Per HTX market data, Bitcoin has fallen below $88,000, last trading at $87,850.

December 15 – Bitcoin has dropped below $89,000, currently trading at $88,951 with a 0.12% 24-hour decline, per HTX Market Data.

On December 15, X Layer’s new meme project XDOOR ($XD) launched a multi-chain airdrop spanning major ecosystems including X Layer, BSC, Ethereum, and Solana. After cross-chain eligibility checks, over 1 million addresses qualify (including OKX BOOST participants). The airdrop runs for 5 days with a decay mechanism—unclaimed tokens automatically flow into the LP reward pool. Official data shows over 5,000 claims were made in the first 24 hours post-launch, demonstrating early community traction. Per the project’s official details, it centers on the “Door” narrative—symbolizing choices, the unknown, and life’s turning points. The XD smiley represents staying calm and optimistic amid the unknown.

On December 15, at the opening of U.S. equity markets: - Dow Jones Industrial Average: +0.33% - S&P 500 Index: +0.48% - Nasdaq Composite: +0.58% The broader cryptocurrency sector traded lower, with notable declines in these stocks: - Coinbase (COIN): -0.9% - Circle (CRCL): -0.95% - MicroStrategy (MSTR): -1.31% - Gemini (GEMI): -4.54% - Bitmine (BMNR): -0.49% - SharpLink Gaming (SBET): -0.57% - Bit Digital (BTBT): -2% - ETHZilla (ETHZ): -2.08% - BNB Network Company (BNC): -0.36% - ALT5 Sigma (ALTS): -2.03% - American Bitcoin (ABTC): -2.53%