December 30th Commute Podcast – Bitcoin and Ethereum Slightly Decline…Concentrated Long Position Liquidation

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On December 30, 2025, the cryptocurrency market showed a weak trend amid volatility. Bitcoin fell 0.26% from the previous day, closing at $87,255.07; Ethereum fell 0.01%, trading at $2,930.36. Among altcoins, Cardano (-2.70%), Dogecoin (-0.48%), Solana (-0.31%), and Tron (-0.40%) all declined, with a total market capitalization of $2.9553 trillion. Bitcoin's market share was 58.97%, and Ethereum's was 11.97%.

Total trading volume in the past 24 hours was $116.3 billion, a slight decrease. The market capitalization of decentralized finance (DeFi) increased to $70.094 billion, a 39.10% increase; while stablecoin trading volume shrank to $115.294 billion, a 127.20% decrease. Derivatives trading volume, however, showed an upward trend, reaching $1.2539 trillion, a 124.91% increase from the previous day.

Meanwhile, approximately $203 million in leveraged positions were liquidated during this period, the majority of which were long positions. In particular, $102.82 million in Bitcoin and $77.21 million in Ethereum were liquidated, indicating a large-scale liquidation of major positions. Binance saw the largest liquidation, reaching $8 million, with long positions accounting for 65.31%.

In major news, BlackRock's tokenization fund BUIDL has surpassed $100 million in cumulative dividends, attracting market attention; Kanggo announced the completion of a $10.5 million funding round. Additionally, for the first time in six months, the number of Ethereum staking pending transactions exceeded the number of unstaking pending transactions, reinforcing market expectations of limited ETH supply.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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