A smart money address (0xA33…AE12C) that went long ETH at $1,729 sold 9,999.95 ETH at an average price of $2,921.35 over a two-hour period on December 16, realizing $11.92 million in profit, AI 姨 reports. The address originally bought 19,973 ETH worth $34.54 million on April 23, when its looped long position reached 50,000 ETH. It still has 40,597 WETH posted as collateral on Aave, against which it has borrowed $39.05 million.

On December 16, two Ethereum whale addresses liquidated a combined 14,000 ETH worth about $40.82 million within two hours, according to BlockBeats citing Lookonchain. Address 0x2802 sold 10,000 ETH via a DEX at an average price of $2,915.5, totaling $29.16 million, while address 0x4c0A offloaded 4,000 ETH across major centralized exchanges, including OKX, Binance, KuCoin, and Gate, for roughly $11.66 million. The transactions highlight notable selling activity by large ETH holders.

U.S. spot Ethereum ETFs recorded net outflows totaling $224.8 million on Dec. 15, marking the third consecutive day of withdrawals, Farside data show as reported by BlockBeats on Dec. 16. ETHA led outflows with $139.1 million, followed by ETHE at $35.1 million, Grayscale ETH at $20.2 million, ETHW at $13 million, FETH at $11 million, and ETHV at $6.4 million.

The US November nonfarm payrolls report is scheduled for release on December 16, with consensus expectations for only about 50,000 new jobs and unemployment rising to 4.4%–4.5%. FOREX.com notes that weaker-than-expected figures could bring forward market pricing of the next Federal Reserve rate cut, while Mitsubishi UFJ warns that simultaneous deterioration in jobs and unemployment could keep selling pressure on the dollar into year-end. Authorities have acknowledged that this nonfarm report and the subsequent CPI are "incomplete data" due to the government shutdown, which caused a missing October unemployment rate, gaps in some CPI components and forced adjustments to the November household survey weights, leading to higher short-term variance and lower reliability of any single figure. A Bitunix analyst says that in a phase of low-credibility macro data, the core market game is not about whether nonfarm is strong or weak but whether it is sufficient to alter the Federal Reserve policy narrative, and crypto traders should be alert to liquidity sweeps and elevated volatility around the event and watch whether capital uses macro uncertainty to deleverage and reprice.

A whale withdrew 600 BTC worth approximately $52.12 million from Bybit over the past 24 hours, Onchain Lens data show. The address now holds 1,099 BTC valued at about $94.5 million in total.

Binance Margin will remove multiple FDUSD margin trading pairs at 14:00 UTC+8 on Dec. 23, 2025, according to an official announcement. The delisting affects 15 cross margin pairs: DOT/FDUSD, ENA/FDUSD, SEI/FDUSD, FIL/FDUSD, BONK/FDUSD, ZK/FDUSD, ETC/FDUSD, WLD/FDUSD, OP/FDUSD, NEAR/FDUSD, WIF/FDUSD, APT/FDUSD, DYDX/FDUSD, TIA/FDUSD, and UNI/FDUSD. The platform will also remove 13 isolated margin pairs: DOT/FDUSD, ENA/FDUSD, SEI/FDUSD, FIL/FDUSD, BONK/FDUSD, ZK/FDUSD, ETC/FDUSD, WLD/FDUSD, OP/FDUSD, NEAR/FDUSD, WIF/FDUSD, DYDX/FDUSD, and TIA/FDUSD.

On December 16th, data compiled by Coinglass, and reported by BlockBeats, indicated that funding rates across major Centralized Exchange (CEX) and Decentralized Exchange (DEX) platforms continue to reflect a pervasive bearish sentiment within the cryptocurrency market. This sustained negative outlook is particularly evident in perpetual futures contracts, where funding rates act as a crucial mechanism to balance contract prices with underlying spot assets. These fees, exchanged between long and short traders, serve as a direct indicator of market positioning. A funding rate below 0.005% is generally interpreted as a sign of widespread bearishness, contrasting with rates exceeding 0.01% which typically signal prevailing bullish conditions. The current readings underscore a persistent negative bias among traders, suggesting a continued downturn.

The crypto fear and greed index fell to 11, entering extreme fear territory, Cointelegraph reported. The gauge aggregates volatility, market momentum, social sentiment, and dominance data to reflect overall market emotion following recent price declines.

FOREX.com market analyst Fawad Razaqzada said markets expect around 50,000 jobs added in November and the unemployment rate may rise to 4.5%, BlockBeats reports. He noted any downside surprise could pull forward Fed rate-cut expectations and support gold.