Ethereum has dropped below $2,800 following a sharp decline, triggering widespread concern across the market. Open interest on Binance has collapsed by more than half over three months, according to a CryptoQuant report by Darkfost. After peaking at $12.6 billion on August 22, open interest has fallen to $6.2 billion, representing a 51% contraction and the elimination of nearly $6.4 billion in derivative positions.

Major XRP holders accumulated 48 billion tokens, reaching a seven-year high, while wallets holding over 100 million tokens declined 20.6% in eight weeks, according to Santiment data. XRP traded at $2.02, down 8.42% weekly, as technical indicators maintained bearish momentum. Large-order activity sustained for 30 consecutive days, with buy orders dominating market execution for three straight weeks.

XRP spot exchange-traded funds attracted approximately $756 million in net inflows across eleven consecutive trading sessions since their November 13 launch. The four active products now hold about 0.6% of the token's total market capitalization. During the same period, XRP declined roughly 20% and traded near $2.03, according to market data.

The Monetary Authority of Singapore has expanded Ripple's Major Payment Institution license, allowing the company to use Ripple USD (RLUSD) for transaction settlement. The regulatory approval enables banks and financial institutions to leverage XRP and RLUSD for crypto transfers. XRP continues trading above $2 amid sustained buying pressure, with technical indicators pointing to potential recovery.

Chainlink recorded a $2.65 million spot outflow as traders removed tokens from exchanges near a critical demand zone. Taker Buy CVD data shows persistent buyer aggression absorbing sell orders. Whale order sizes increased ahead of Grayscale's upcoming ETF conversion.

Dogecoin has dropped to the $0.13 support level, reaching the 1 Fibonacci retracement zone after breaking below a year-long ascending trendline. Technical indicators show mixed signals: a bullish divergence on the RSI suggests potential recovery toward $0.19-$0.50, while failure to hold support could trigger a decline to $0.02. Analysts note that historical patterns following similar trendline breaks have typically preceded significant rallies rather than extended declines.

The number of XRP wallets holding at least 100 million tokens declined by 20.6% over eight weeks, with 569 wallets exiting this tier. Despite the reduction in wallet count, the remaining large holders now collectively control 48 billion XRP. This level marks a seven-year high in supply concentration among major addresses.

Token Cat Limited's board approved a Crypto Asset Investment Policy on December 2, 2025, authorizing up to $1 billion in digital asset allocations from cash reserves. The company appointed Sav Persico, a veteran with 30 years of cryptocurrency experience, as Chief Operating Officer to oversee execution. A Crypto Asset Risk Committee led by the CFO will manage asset allocation and risk oversight.