2025-12-25 05:27:17

The market trends over the past week have been complex and volatile. U.S. initial jobless claims data exceeded expectations, with 214,000 claims reported for the week ending December 20th, which is generally seen as a positive signal for the economic fundamentals. Meanwhile, spot gold faced downward pressure, briefly falling below $4,460 per ounce, with a daily decline of 0.59%, easing risk aversion sentiment.

Institutional movements are worth noting. BlackRock recently transferred 2,292 BTC and 9,976 ETH to a major exchange, reflecting ongoing interest from large asset management firms in digital asset allocation. In contrast, on-chain activity showed what appears to be a whale unstaking 96,000 ETH and transferring it to an exchange, hinting at potential rebalancing or profit-taking expectations.

On the macro front, the strengthening dollar pushed the offshore RMB above the 7.0 threshold, while U.S. stocks hit new highs — the S&P 500 index reached a record high of 6,921 points intraday, indicating a generally warm risk asset sentiment. Rumors about the Federal Reserve chairperson candidate are also circulating in the market, with Wall Street predicting Kevin Hasset may be the successor. These developments are shaping the macro environment of the cryptocurrency market.

BTC0.19%

ETH-0.2%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
7
Repost
Share

Comment

0/400

BuyTheTop

· 6h ago

BlackRock is buying the dip again, whales are fleeing. Who would believe this show?

View OriginalReply0

ReverseTrendSister

· 6h ago

BlackRock is buying the dip again, and whales are dumping again. This show feels a bit familiar. --- People dare to boast about unemployment benefits, and when gold drops, some still buy the dip. It's no surprise that the US stock market hits new highs. --- 96,000 ETH are being dumped on exchanges. Is it really to sell, or just a trick to scare retail investors? --- Large funds are entering while small whales are fleeing. Who should we trust... --- The dollar is strong, and the RMB is rising. This game of chess is really interesting. --- Gold's safe-haven sentiment has eased, indicating that the market is about to turn. --- If BlackRock dares to buy, I dare to short. Going against the trend is usually right. --- I'm not excited about the S&P 500 hitting a new all-time high; the real show is in crypto. --- Whales releasing collateral and transferring to exchanges—this signal looks a bit ominous. --- The Fed's candidate is again rumored. How many times has Wall Street played this dirty game?

View OriginalReply0

0xInsomnia

· 6h ago

BlackRock is accumulating coins again, while the whales are fleeing. The stark contrast in this storyline is quite striking.

View OriginalReply0

BlockchainRetirementHome

· 6h ago

Black Rock is accumulating coins, whales are fleeing, I've seen this script before Black Rock's move is too obvious, they're just setting traps for retail investors Unemployment benefit data looks good, but what does that matter? The key depends on how the Federal Reserve acts 9.6 million ETH dumped, is someone trying to harvest the leeks, brothers? The S&P breaking 6921 just reminds me of risks? How can you be so good at pretending? This wave of offshore RMB breaking 7.0, feels like the whole market is just acting out Gold falling below 4460 can only mean one thing: risk assets still need to be shaken up This move by the institutions, I bet five bucks there's a scheme behind it The Federal Reserve Chair is about to change, now that's the real issue, everyone

View OriginalReply0

DaoResearcher

· 6h ago

BlackRock increases BTC holdings, whales reduce ETH holdings, the data is contradictory, this needs to be explained using game theory. From on-chain behavior, the hypothesis that institutions are bottom-fishing and retail investors are panicking has basically been confirmed this week, with at least 95% confidence. It is recommended that everyone first review MakerDAO governance proposal #847 on risk management, which aligns with the logic of this market trend. The unemployment benefit figure of 214,000 is indeed friendly, but the limitations of Token Weighted Voting are also evident here—market pricing power is still held by a few whales, and democratic voting is too idealistic. The RMB breaking above 7.0 has disrupted my previous hypothetical model, and I need to rebuild the macro hedging framework… a bit frustrating.

View OriginalReply0

StopLossMaster

· 6h ago

BlackRock is bottom-fishing, but the whales are dumping. That's a different approach... Gold has broken below, and I'm a bit uneasy about it. Good unemployment data is good, but don't celebrate too early; the Federal Reserve's personnel changes could turn things around. 9.6K ETH was dumped on the exchange, and I just want to ask if this brother is really reducing holdings or just a fake move before a rally? The RMB has broken above 7.0, and this is more worth pondering than Bitcoin rising by 100 dollars. The S&P 500 hit a new high again, it seems the US stock market isn't done playing yet. BlackRock's move looks like it's injecting energy into the market.

View OriginalReply0

ChainWanderingPoet

· 7h ago

BlackRock is buying again, whales are selling again, this tug-of-war is really intense. Gold has fallen and safe-haven demand has eased, but I still don't dare to go all in. The new high in US stocks feels like the bubble is getting bigger and bigger... Is good unemployment data necessarily a good sign? Wake up, everyone. This round of market movement is a battle between institutions and retail investors. Guess how Hasset's rise will affect the coin price. S&P 6921, offshore RMB 7.0, these numbers all have stories behind them. BlackRock is accumulating, whales are dumping, retail investors are trembling in the middle. The economic data looks good, but why does it still feel like the market is gambling? Are those 96,000 ETH really about to be dumped, or are they just trying to scare us?

View OriginalReply0