ChainCatcher 消息，据 Ai 姨监测，1 小时前，某巨鲸再次从 OKX 提取 5500 枚 ETH，价值约 1609 万美元。自 12 月 5 日至今，该地址已累计从交易所提取 34,415.46 枚 ETH，总持仓价值 1.07 亿美元，平均成本为 3131.11 美元。目前该地址浮亏 716.2 万美元。

ChainCatcher 消息，据 Ai 姨监测，1 小时前，某巨鲸再次从 OKX 提取 5500 枚 ETH，价值约 1609 万美元。自 12 月 5 日至今，该地址已累计从交易所提取 34,415.46 枚 ETH，总持仓价值 1.07 亿美元，平均成本为 3131.11 美元。目前该地址浮亏 716.2 万美元。

数据：持有 1.07 亿美元 ETH 的巨鲸时隔 3 天再次从 OKX 提取 5500 枚 ETH

According to ChainCatcher, AiYi monitoring revealed that an hour ago, a whale withdrew another 5,500 ETH from OKX, worth approximately $16.09 million. Since December 5th, this address has cumulatively withdrawn 34,415.46 ETH from exchanges, with a total holding value of $107 million and an average cost of $3,131.11. Currently, this address is experiencing a floating loss of $7.162 million.

According to ChainCatcher, AiYi monitoring revealed that an hour ago, a whale withdrew another 5,500 ETH from OKX, worth approximately $16.09 million. Since December 5th, this address has cumulatively withdrawn 34,415.46 ETH from exchanges, with a total holding value of $107 million and an average cost of $3,131.11. Currently, this address is experiencing a floating loss of $7.162 million.

Data: A whale holding $107 million worth of ETH withdrew 5,500 ETH from OKX again after a three-day hiatus.

The old script becomes obsolete in 2025
As 2025 draws to a close, the crypto market presents an unprecedentedly "divided" picture: Bitcoin (BTC) has repeatedly hit new highs driven by institutional funds, once reaching $125,000; Ethereum (ETH) is struggling around $2,800, still significantly lower than its all-time high; while Altcoin, which once "rose indiscriminately," have fallen into a deep abyss, with most projects plummeting 80-95% from their 2021 highs, failing to recover even against the backdrop of BTC's record highs.
This completely departs from the classic narrative of the crypto market over the past decade. The traditional "four-year cycle"...

Bitcoin's "never-setting sun" and Altcoin' "twilight of the gods"—has the four-year cycle truly come to an end?

Author: SoSoValue Research
The winter of 2025 will be colder than usual, not just in terms of temperature, but also in terms of the perceived temperature drop in the crypto market.
If you only look at the news, it's a hot topic: Bitcoin is hitting new highs with Wall Street's support, ETF size is soaring, regulatory trends in various governments seem to be warming up, and the US president's pardon for CZ even became a hot topic in global political news.
However, when you shift your gaze away from Bitcoin and look into the broader "Altcoin heartland," a suffocating silence descends. The days when "you could make a fortune just by being in a car..." are gone.

Two-Year Investment Retrospective: The Feast of Bitcoin, the Funeral of Altcoin, and Why Your Assets Shrinked During the Bull Market.

Introduction Market Overview In 2025, stablecoins and DAT expanded in both scale and application scenarios, beginning to directly connect with traditional finance at the boundary level. The total market capitalization of stablecoins once exceeded $230 billion, with an annual on-chain settlement scale of approximately $1.5 trillion. Supported by legislation such as the GENIUS Act, they gradually solidified as the underlying settlement layer for cross-border payments and on-chain finance. The DAT model, through compliant equity or fund vehicles, provided traditional institutional investors with a standardized path to access crypto asset exposure, with its holdings of BTC and ETH assets having a high market value...