6j yang laluSmart-Money Address Opens $89M 3x ETH Long on HyperliquidA smart-money address that earned $19M over the past month opened a 3x leveraged long position in ETH on Hyperliquid on Dec. 21, The Data Nerd reports. The position is valued at about $89M.8j yang laluCoinMarketCap Altcoin Season Index at 17 as Only 17 of Top 100 Tokens Outperform BitcoinCoinMarketCap's Altcoin Season Index stood at 17 on Dec. 21, down from 78 on Sept. 20, with a 7-day average of 21, BlockBeats reports citing data. The index shows that over the past 90 days only about 17 of the top 100 cryptocurrencies by market cap have outperformed Bitcoin. CoinMarketCap describes the real-time metric as tracking whether the crypto market is in an altcoin-dominated phase, based on the relative performance of the top 100 altcoins against Bitcoin over a 90-day period.11j yang laluEthereum Briefly Tops $3,000, Up 0.49% in 24 HoursEthereum briefly rose above $3,000 on Dec. 21, up 0.49% over 24 hours, HTX data show. BlockBeats reports the price level reflects HTX's latest market readings.12j yang laluAddress 0x4F5…61177 Withdraws 2,000 ETH from Binance Worth $5.98 Million at $2,991.65Address 0x4F5…61177 withdrew 2,000 ETH from Binance on December 21, worth $5.98 million at a withdrawal price of $2,991.65, BlockBeats reports. Over 11 months, the address completed three ETH swing trades netting $1.506 million with two wins and one loss; the previous trade ended one month ago and was the address's only loss.13j yang laluAddress pension-usdt.eth Holds 30,000 ETH Long Position Worth $89.33 Million, Entry at $2,969.67Address pension-usdt.eth holds a long position of 30,000 ETH valued at $89.33 million as of Dec. 21, with an entry price of $2,969.67, HyperInsight data show. The address recorded 17 contract trades in December with 16 wins.18j yang laluUNI Tops $6.2 with 17.2% Daily Gain as Fee Switch Vote Nears ConclusionUNI rose above $6.2 on Dec. 21, trading at $6.213 and up 17.2% in 24 hours, HTX data show. The final Uniswap fee-switch vote began yesterday with near-100% support and ends at 2:17 a.m. Beijing time on Dec. 26. If approved after two days, 100 million UNI will be burned and v2/v3 fees will switch on mainnet, according to the official page.18j yang laluArthur Hayes Receives 137,000 PENDLE Tokens Worth $260,000Arthur Hayes received approximately 137,000 PENDLE tokens valued at roughly $260,000 on Dec. 21, Nansen data show. The transfer originated from Flowdesk about 15 minutes before the report. A day earlier, Hayes wrote that he was rotating out of ETH into high-quality DeFi tokens, which he believes could outperform the broader market as fiat liquidity conditions improve.20j yang laluVanEck Updates AVAX Spot ETF Filing to Add Staking Rewards, Target 70% Staked HoldingsVanEck revised its AVAX spot ETF (VAVX) filing on Dec. 21 to incorporate a staking rewards mechanism, planning to stake 70% of its AVAX holdings to generate returns for investors, BlockBeats reports. The ETF intends to use Coinbase Crypto Services as its initial staking provider and pay a 4% service fee, with staking rewards accruing to the fund and reflected in its net asset value. Anchorage Digital and Coinbase Custody are named as the ETF's custodians.20j yang laluEthereum Developers Target 2026 for 'Glamsterdam' Network UpgradeEthereum developers began planning the "Glamsterdam" upgrade on Dec. 21, targeting a 2026 launch, BlockBeats reports. The upgrade combines Amsterdam on the execution layer and Gloas on the consensus layer, with ePBS and block-level access control lists aimed at reducing MEV-related manipulation. The work follows the recent Fusaka upgrade that reduced node costs.20j yang laluEthereum Foundation to Mandate 128-bit Encryption for zkEVM Systems in 2026The Ethereum Foundation said on Dec. 21 it will shift focus from throughput to security in 2026 and require zkEVM systems to meet at least 128-bit cryptographic security. The foundation noted zkEVM projects achieved notable performance gains over the past year, but some designs rely on unvetted mathematical assumptions that could theoretically enable on-chain state forgery. The next phase will emphasize formal verification, attack resistance and cryptographic robustness, with the foundation providing security review tools and requiring zkEVMs to reach the 128-bit level recognized by mainstream cryptography. The foundation acknowledged the new standard may slow some scaling initiatives but stressed that strong attack resistance and trustworthiness are key prerequisites for attracting institutional users and high-value applications.
