An address linked to Arthur Hayes added DeFi tokens again on Dec. 31, Lookonchain data show. Over the past two weeks, the address sold 1,871 ETH (approximately $5.53 million), then bought 961,113 PENDLE (approximately $1.75 million), 2.3 million LDO (approximately $1.29 million), 6.05 million ENA (approximately $1.24 million), and 491,401 ETHFI (approximately $343,000).

Tom Lee's Bitmine entity purchased 32,938 ETH worth $97.6 million and staked an additional 118,944 ETH valued at $352.16 million over the past four hours, Lookonchain reported. The on-chain activity was tracked using Arkham Intelligence addresses. This follows previous accumulations by the Fundstrat-backed group amid Ethereum's staking ecosystem growth.

Lighter distributed $675 million worth of LIT tokens to early participants on Dec. 30, the token's launch day, Bubblemaps data show. Approximately $30 million has been withdrawn from the platform since the airdrop, according to the figures.

Cypherpunk Technologies Inc. (NASDAQ: CYPH) purchased 56,418.09 ZEC at an average price of $514.02 on Dec. 30, spending about $29 million, BlockBeats reports. The company now holds 290,062.67 ZEC, equal to about 1.76% of the circulating supply.

A whale deposited 4.35 million USDC to Hyperliquid on Dec. 30 and opened a 1x short position of 1,110,677 LIT at an average entry price of $2.74, on-chain analyst Ai 姨 (@ai_9684xtpa) reports via BlockBeats. The position represents the largest LIT short on Hyperliquid and is currently showing an unrealized loss of $25,000.

Two whales deposited $2 million and $1.5 million USDC, respectively, and opened 3x leveraged short positions on LIT on Dec. 30, Onchain Lens data show. The addresses are 0x47e and 0xd6b.

Decentralized perpetuals exchange Pacifica added funding rate feeds from platform Extended on Dec. 30, expanding its comparison coverage that already includes Binance, Hyperliquid and Lighter, according to Pacifica. Real-time data show notable 1-hour funding rate spreads, including LIT at +0.01% between Pacifica and Hyperliquid, ZEC at +0.0064% versus Binance, HYPE at -0.0023% versus Hyperliquid and NVDA at +0.0036% versus Hyperliquid. Pacifica reports traders have used these funding differentials to run hedged long-short arbitrage strategies while generating volume; on-chain analytics tool Coinbob launched Coinbob Pacifica allowing users to mirror high-frequency traders' strategies and earn trading points.

On December 30, a crypto whale known as the “ultimate bear” opened a short on Lighter at an average price of $2.95, shorting 31,000 LIT worth about $87,000, according to Coinbob. The position has a $4.75 liquidation price, with an additional 10,000 LIT short pending near $3.06. The move follows the whale’s highly profitable Bitcoin short, which shows roughly $12.05 million in unrealized gains on a $43.68 million position.