A certain ETH flash loan whale sold approximately 10,000 ETH at an average price of $2921.35, still holding 40,500 WETH.

On December 16, data from Arkham indicates Grayscale transferred roughly 320 BTC to Coinbase Prime over the past half hour, with the transaction valued at approximately $27.98 million.

On December 16, CME Group announced that Trading at Settlement (TAS) functionality is now available for SOL, Micro SOL, XRP, and Micro XRP futures. Trading at Settlement (TAS) is a futures trading method that lets traders buy or sell at the day’s closing settlement price or a price close to it. It’s designed to enable precise hedging and mitigate settlement risk.

On December 16, Ken Griffin—founder of Castle Investment—stated that former President Donald Trump has identified a potential suitable candidate for Federal Reserve Chair, but Griffin declined to disclose specifics, again emphasizing the importance of maintaining distance between the White House and the Fed. (IG) Griffin has repeatedly criticized Trump’s attacks on and interventions in the Fed in 2025, arguing such actions would undermine the central bank’s independence and potentially lead to higher inflation and interest rates. Today, he noted the candidate Trump is reportedly weighing may not be a serious pick, framing the situation more as a rebuke of Trump’s interventionist behavior.

On December 16, BNB Chain officially announced the launch of a new stablecoin built on its network. The stablecoin aims to unify liquidity across multiple use cases and is designed for large-scale applications.

December 16, The latest Bitget Launchpool project, Theoriq (THQ), is now live for participation. Stake BGB or THQ to earn a share of 2,333,300 THQ. Staking is open until 23:00 UTC+8 on December 19. This round features two staking pools: **BGB Staking Pool** Total Allocation: 2,133,300 THQ VIP User Limit: 50,000 BGB Regular User Limit: 5,000 BGB **THQ Staking Pool** Total Allocation: 200,000 THQ Per-User Limit: 3,333,000 THQ Plus, THQ is listed on Bitget’s Innovation Zone and AI Zone. Trading is now live, and withdrawals will open at 00:00 UTC+8 on December 18.

On December 16, data from GMGN shows that Solana-based meme coin PIPPIN has plummeted by roughly 30% over the past two hours. It currently trades at $0.372, with a total market capitalization of $3.65 billion. Blockchain analytics firm Bubblemaps said today that PIPPIN’s tokenomics reveal insiders control 80% of the token supply, valued at approximately $3.8 billion. Sixteen newly created wallets share a common pattern: similar funding sources, receipt of large SOL amounts, no prior transaction history, and large PIPPIN withdrawals from centralized exchanges (CEXs). Separately, 11 linked wallets hold roughly 9% of the total supply, with highly synchronized fund movements over time—indicating control by the same entity. BlockBeats advises users that meme coins typically lack practical use cases, experience extreme price volatility, and should be approached with caution.