Ethereum traded around $2,856, down 2.36% on the day and roughly 10% over the week, while remaining in a broader downtrend. One large holder deposited a total of 17,823 ETH worth about $51.4 million to Binance, realizing around $15.36 million in profit, and spot ETFs saw about $533.25 million in net outflows across five sessions. Price hovered just above the 0.618 Fibonacci level near $2,807, but sharply negative exchange netflows of roughly -47,100 ETH versus +46,000 ETH the previous day hinted at easing sell pressure and possible short-term relief.

On 15 December, Aster DEX launched Shield Mode for perpetual traders, delivering up to 1001x leverage, instant execution and zero slippage. Despite the release, an ASTER whale sold 13.44 million tokens for $11.67 million, realizing a $1.37 million loss and pushing cumulative losses beyond $35.8 million. Selling pressure remains elevated.

Ethereum entered a short-term downtrend after failing to hold above $3,400 six days ago, sliding to a local low near $2,800 and trading around $2,926 with a 6.9% daily drop. One large ETH long holder on Hyperliquid saw unrealized losses exceed $54 million as derivatives liquidations accelerated, while technical indicators signaled weakening momentum and potential retests of lower support levels.

A large holder rotated 1,969 BTC, valued at $177.9 million, into 58,149 ETH worth $181.4 million, signaling a shift from Bitcoin into Ethereum. Ethereum traded near $3,118 after a recent rejection at $3.4k, while fund premiums turned positive and exchange netflows stayed negative as investors accumulated, yet overall market structure remained bearish.

Bitcoin underperformed while the S&P 500 and Nasdaq advanced in 2025, with BTC facing roughly a 36% drawdown in the fourth quarter as cross-asset correlations hit yearly lows. BTC's link to equities turned negative, limiting participation in stock rallies and underscoring a decoupling that reshaped traders' macro assumptions.

Pendle’s price recently slid to a $2.02 low and was trading around $2.17, extending a multi‑month downtrend with notable daily and monthly losses. On-chain data indicated that Polychain Capital sold about 4.114 million PENDLE at roughly $2.19 after accumulating near $3.16, realizing an estimated $3.99 million loss amid persistent sell pressure. Technical indicators showed weak momentum and a near-oversold setup, with $2 acting as a key support level and $2.25–$2.50 emerging as potential recovery targets.

Pump.fun's PUMP token has fallen about 30.4% over the past month to $0.002754 after a major holder sold roughly $6.3 million in tokens at a loss. Despite the team conducting daily buybacks in December totaling around $12.7 million, indicators show persistent bearish momentum and a risk of losing support near $0.0025.

Onyxcoin (XCN) spiked 39% from $0.005 support to a local high of $0.00695 before pulling back to $0.0055. Trading volume jumped 219% to $45.53 million and buy volume outpaced sells by 110 million over the past 24 hours, as top holders added 911 million tokens. Momentum gauges showed RVGI at 0.046 while RSI eased to 48.

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.