Yesterday, Bitcoin spot ETF saw a net outflow of $1.583 billion, while Ethereum ETF saw a net outflow of $75.9 million.

On December 20, on-chain data shows the Lighter token contract transferred 250 million tokens three hours ago. The purpose of the transfer remains unconfirmed, with community speculation pointing to a potential airdrop distribution. On December 13, Coinbase added Lighter (LIGHTER) to its listing roadmap and disclosed its token contract address (CA).

On December 20, CryptoQuant founder Ki Young Ju noted: Tom Lee is known for his long-standing, notably bullish stance—with a bullish-to-bearish ratio of roughly 10:0. When a pullback looms, he briefly acknowledges downside risk, shifting his risk ratio to about 9:1. Relative to peers, this marks his alpha value; this may be the inevitable fate of sell-side research, pushing him into this somewhat tough spot.

On December 20, Glassnode data shows the 90-day simple moving average (SMA) of daily transfer volume for leading stablecoins USDT and USDC is roughly $192 billion. This is nearly double the daily transfer volume of the top five cryptocurrencies (around $103 billion)—a sign stablecoins are taking on more liquidity and settlement activity. Additionally, USDT and USDC transfers on Tron hit about $24.2 billion daily, nearly 10 times XRP’s on-chain transfer volume.

On Dec. 20, per Onchain Lens data, a whale withdrew 48,744 SOL (valued at $6.15 million) from OKX and staked the tokens. Since Aug. 22, 2025, the same whale has withdrawn and staked a total of 1,231,861 SOL—originally worth $186.09 million. The tokens are now valued at $155.68 million, leaving the whale with an unrealized loss of $30.4 million.

December 20 (Xinhua) — A Chinese national named Tong has drawn high attention from Chinese police following a U.S. tip alleging his involvement in money laundering for drug traffickers. To verify the allegations, China’s Ministry of Public Security tasked the Liaoning Provincial Public Security Department with investigation work. Tong and another individual, Chen, who attempted to flee the country, were arrested on the spot in Wuhan, Hubei Province. Both were sentenced to imprisonment and fined in September this year. Tong primarily used the hawala system to conduct illegal foreign exchange transactions totaling over 16 million yuan via domestic bank cards. In some transactions, he instructed domestic individuals to purchase virtual currencies like Bitcoin and Tether, then resell them to overseas individuals in exchange for U.S. dollar cash. During the investigation, police also uncovered that some criminals were evading U.S. oversight through large cash withdrawals and virtua

On December 20th, per Hyperinsight monitoring data, the entity known as "Buddy" opened long positions in Bitcoin, ZEC, and HYPE over a nearly 10-minute span. As of press time, their total long position size has hit $17 million.