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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.
- 23:21Yearn yETH attacked, approximately $3 million worth of ETH flows into Tornado CashChainCatcher news, according to The Block, Yearn Finance's aggregated staking token product yETH was attacked. The attacker exploited a vulnerability to mint yETH almost infinitely, draining the assets in the pool in a single transaction. On-chain data shows that the attacker subsequently transferred about 1,000 ETH (approximately $3 million) into the mixing protocol Tornado Cash. Multiple contracts used for the attack self-destructed after the transactions. The exact scale of the loss is still unknown. Yearn stated that it is investigating the incident, and its V2 and V3 Vaults were not affected.
- 23:05The on-chain holdings value of US spot Bitcoin ETFs has reached $150 billions.According to Jinse Finance, Dune data shows that the total on-chain holdings of US spot bitcoin ETFs have now reached approximately 1,321,000 BTC, accounting for 6.62% of the current BTC supply, with the on-chain holding value reaching about $149.7 billions.
- 23:00The number of transactions on the Linea mainnet has surpassed 1.3 million.Jinse Finance reported that, according to Dune data, the Linea mainnet has bridged and received 1,222,464 ETH, with a total of 1,310,038 transactions and 595,248 interacting addresses.