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Bitget CandyBomb Launches IR, THQ, Contract Trading Unlocks Token Airdrop

2 hours ago

Bitget’s CandyBomb kicks off IR and THQ projects on December 17, with a total prize pool of 133,333 IR and 133,333 THQ. Users can earn up to 666 IR or 666 THQ each by completing designated contract trading volume tasks. Full event rules are published on the official Bitget platform. To participate, click the “Join Now” button to sign up. The event wraps up on December 24, 2025.
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Ethereum Briefly Drops Below $2900

On December 17, Ethereum briefly dipped below $2,900, notching a 2.02% 24-hour drop, per HTX market data.

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Bitcoin Faces 'Black Swan Event' Market Movement, Falls Below $88,000

Bitcoin experienced a flash crash on December 17. After briefly topping $90,000, it has since fallen below $88,000 and is currently trading at $87,333, with a 24-hour drop of 0.50%.

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The three major US stock indexes all turned lower, with the Nasdaq falling more than 1%.

On December 17, all three major U.S. stock indexes closed lower across the board. The Dow Jones Industrial Average declined 0.12%, the S&P 500 fell 0.67%, and the Nasdaq Composite dropped more than 1%. (Source: FXStreet)

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「HODLer」 Goes Long on Bitcoin with 40x Leverage, Currently Down 65%

December 17th — Per monitoring from HyperInsight (via its Telegram channel @HyperInsight), crypto whale Huang Licheng opened a 40x leveraged long position on Bitcoin. The position totals 17 BTC, with an entry price of $89,663.9 and a liquidation price of $35,504.5. This long position is now down 65%. The account’s total unrealized loss across its long positions has reached $52,000, having previously held unrealized gains of over $300,000.

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Bitcoin Drops Below $89,000

On December 17th, per HTX market data, Bitcoin dropped below $89,000, with its 24-hour percentage change narrowing to 1.81%.

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pension-usdt.eth Stop-Loss Liquidation of 25,000 ETH Short Position, with a loss of approximately $2.1 million

December 17th — Per Lookonchain monitoring, amid a market rebound, the trader behind the address pension-usdt.eth triggered a stop-loss, closing out a 25,000 ETH short position (worth ~$75 million) and incurring a single-trade loss of roughly $2.1 million. His 12-consecutive winning trade streak has ended, but his cumulative profits on Hyperliquid still total approximately $23.9 million.

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