A trader known as "山寨空军车头" increased their LIT short position by more than 750,000 LIT, worth about $2.07 million, in the past 2 hours after the token fell back to their average entry price, bringing total LIT exposure to roughly $2.73 million, Coinbob's popular address tracking shows on December 31. The address is currently the largest short on UNI and ASTER on Hyperliquid and holds around $28.4 million in total open positions after closing nearly half of 22 short positions in December and reopening multiple new shorts in recent days. The trader has focused on shorting altcoins this month, fully closed 10 short positions, achieved an 80% win rate over the last 30 days, and booked $82.25 million in profits this year, data show.

Coinglass data show mainstream CEX cumulative long liquidation intensity will reach $850 million if Ethereum falls below $2,900 on Dec. 31. Conversely, cumulative short liquidation intensity will reach $951 million if Ethereum breaks above $3,050.

US spot Ethereum ETFs recorded net inflows of $67.9M on Dec. 31, ending four consecutive trading days of net outflows, Farside data show. ETHE saw $50.2M in net inflows, Grayscale ETH reported $14M, and FETH added $3.7M.

Three wallets withdrew $15.9 million worth of Solana DeFi tokens—7.39 billion PUMP ($13.77M), 8.02 million CLOUD ($621K), 9.06 million KMNO ($539K), 1.33 million JTO ($521K), and 3.05 million DRIFT ($479K)—from exchanges over the past two days, Lookonchain data shows.

Arthur Hayes purchased $4 million worth of DeFi tokens during an Ethereum price sell-off, CoinGape Media reported. The transaction by the BitMEX co-founder underscores sustained interest in DeFi protocols despite broader market pressures on Ethereum.

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 Approximately $30 million has been withdrawn from the platform since the airdrop, according to the figures.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.