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The ebb of the top three buyers, BitMine bears the brunt of ETH selling pressure alone. With a floating loss of 3 billion, it is the ultimate gamble about "buying the dip" and "catching the falling knife."
Will December Be the Turning Point?
A former Ethereum Foundation researcher provided an in-depth analysis at the Devconnect ARG 2025 conference, exploring how eliminating counterparty risk and building Layer 2 solutions could support 120 trillion USD in global assets.
- 18:39Data: If ETH falls below $2,978, the cumulative long liquidation intensity on major CEXs will reach $1.44 billions.According to ChainCatcher, citing Coinglass data, if ETH falls below $2,978, the cumulative long liquidation volume on major CEXs will reach $1.44 billions. Conversely, if ETH breaks above $3,290, the cumulative short liquidation volume on major CEXs will reach $466 millions.
- 18:34Stable and Theo will jointly invest over 100 million USD in ULTRABlockBeats news, on December 3, stablecoin blockchain platform Stable and full-stack platform Theo announced a joint investment of over 100 millions USD in ULTRA, the only tokenized US Treasury strategy rated AAA by Particula. Institutional users will gain access to ULTRA investment opportunities through Theo's thBILL, which provides on-chain access to institutional-grade short-term US Treasuries, while ULTRA is supported by Libeara's compliant tokenization infrastructure.
- 18:33SEC Chairman: The "Crypto Market Structure Bill" is About to PassBlockBeats News, December 3, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), just stated in a live television broadcast that the "Crypto Market Structure Bill" is about to be passed. If the bill is approved, it will finally bring much-needed regulatory clarity to the cryptocurrency industry.