「1011 Insider Whale」 Increases ETH Long Position to 54,277 Coins, Now Sitting on $580,000 Unrealized Gain

Per Onchain Lens monitoring on December 9, a crypto whale withdrew 5,000 ETH—valued at $15.51 million—from Kraken exchange.

On December 9, crypto outlet The Block reported that Caroline Pham—acting chair of the U.S. Commodity Futures Trading Commission (CFTC)—has launched a **Digital Asset Pilot Program** allowing select cryptocurrencies to serve as collateral in the derivatives market. Initially, the program will restrict eligible collateral to Bitcoin, Ethereum (ETH), and USDC. This announcement builds on a September CFTC initiative aimed at expanding the use of tokenized collateral—especially stablecoins—in derivatives transactions.

On December 9, Coinbase announced it will list Plume (PLUME) and Jupiter (JUPITER) for spot trading on that date. Trading for the PLUME-USD and JUPITER-USD pairs will launch at 9 a.m. Pacific Time or later, provided liquidity requirements are met and the pairs are supported in the user’s region.

On December 9, Coinbase announced via an official statement that it will add Theoriq (THQ) to its listing roadmap.

On December 9, CZ addressed the incident where a Binance employee is accused of insider trading to profit from a coin listing in a post on X, stating: “While I no longer run Binance, if users report employee misconduct via direct messages or comments, I will address it appropriately. I understand the case in question has been reported to authorities. Binance maintains close cooperation with law enforcement agencies across various countries (primarily to provide assistance), and the individuals involved will have nowhere to hide.” Earlier reports noted that Binance posted on social media that its investigation into the “suspected employee token listing” incident found the employee in question issued a token on-chain at 1:29 PM on December 7 (UTC+8)— timing that matched wording and imagery from a tweet posted on the Binance Futures account at 1:30 PM the same day. Upon verification, the behavior was confirmed to involve the employee abusing their position for personal gain— a serious

Dec. 9: The U.S. Department of Labor said it won’t release October’s Producer Price Index (PPI) data.