Spot Gold and Silver Continue to Rise, Gold Breaks $4500/Ounce

As of December 26th, LookOnChain monitoring data shows that whale address 3JFgQr has emerged from three years of dormancy and withdrawn 181 Bitcoins from Binance, with the tokens valued at $15.8 million.

December 26th — Per Onchain Lens monitoring, crypto whale Winslow Strong deposited ~$47.22 million worth of digital assets to Coinbase 8 hours ago. The deposit includes 1,900 ETH (≈$5.59M), 307 cbBTC (≈$26.93M), and $14.7M in USDC.

On-chain analyst Ai Yi (@ai_9684xtpa) reported on December 26th that the "BTC OG Insider Whale" has fully executed a 2,683.68 SOL long order. The whale currently holds approximately $61.57 million worth of SOL, with an average entry price of $130.19 and an unrealized loss of $5.03 million. Overall, the whale’s total position value stands at $740 million, with cumulative unrealized losses widening to $58.04 million. It still maintains: - $87 million in BTC long positions (average entry: $91,506.7) - $590 million in ETH long positions (average entry: $3,147.39)

On December 26, Evgeny Gaevoy—founder and CEO of Wintermute—stated that Wintermute will vote against an ARFC governance proposal focused on transferring control of AAVE’s brand assets to token holders. Gaevoy noted the proposal lacks specific details, highlighting critical uncertainties: how the entity managing AAVE’s frontend and brand will be governed, whether it operates as a for-profit entity, and its overall operational framework. Token value capture is a core challenge for AAVE, with a significant expectations gap between AAVE Labs and a large segment of token holders. Wintermute has invested in AAVE since 2022 and actively participates in its governance. Gaevoy expressed hope that AAVE Labs will meaningfully address the token value capture issue, which could serve as a model for other tokens.

December 26 (Cointelegraph) — Strategy CEO Phong Le said that despite Bitcoin’s year-end price dip and muted market sentiment, the cryptocurrency’s 2025 fundamentals remain strong, and investors shouldn’t fixate too much on short-term swings. Le noted the U.S. government and banking sector are fully backing Bitcoin, which is why he’s “extremely bullish” on the 2026 market. He also mentioned he’ll be meeting with traditional banks in the U.S. and UAE alongside Michael Saylor, as those firms look to figure out how to keep pace with crypto’s evolution.

December 26th – Market data shows spot silver prices broke above $74 an ounce for the first time, with intraday gains widening to 3%. Year-to-date gains have topped $45. Additionally, the Gold/Silver Ratio is currently down 1.2%, with a cumulative drop of over 32% this year, hitting a fresh low not seen since February 2014.