Liquid Capital (formerly LD Capital) founder Yi Lihua said on Dec. 16 that ETH fundamentals remain strong, with market liquidity down since the Oct. 11 plunge and derivatives now dominating over spot, BlockBeats reports. He said spot investors may not buy the lowest price but can still find an appropriate range. He views ETH as a core asset in an on-chain finance era, with WLFI among core allocations, and said their research-based logic remains unchanged, adding that current volatility is normal ahead of the "four-year cycle resonance" and Christmas.

Centralized exchanges posted a net outflow of 36,000 ETH in the 24 hours through December 16, Coinglass data show via BlockBeats. Binance led outflows with 40,000 ETH, followed by Bybit at 30,700 ETH and Bitfinex at 4,586.21 ETH. OKX recorded an inflow of 22,300 ETH, topping inflows.

Prediction market predict.fun announced on Dec. 16 that its Predict platform officially launched, with airdrop snapshots already taken for addresses that traded sizable meme tokens on BNB Chain, participated in perpetuals on Aster DEX, and engaged with markets including Polymarket, Limitless, Myriad Markets, and Opinion Labs, as well as existing Predict (Blast) users, BlockBeats reports. The airdrop checking page opened the same day. Binance founder CZ welcomed the new predict.fun market on BNB Chain via social media on Dec. 4, noting that user funds earn yield while locked in predictions and that the platform's founder previously worked at Binance, with the project incubated and funded by YZi Labs.

ZEC briefly fell 5.5% below $380 on Dec. 16, pushing Hyperliquid's largest ZEC short position into profit with roughly $16.5M in exposure at a $389 average entry and $250,000 (8%) in unrealized gains, HyperInsight data show. On-chain data show three whale addresses with liquidation prices near $350 responded differently: address 0x58e fully closed its position, address 0x96e exited with about $1M in realized losses, while address 0x535 remains unchanged and faces liquidation near $348. The same whale holding the platform's largest ZEC short added to ETH and MON short positions and now holds the largest short exposure in all three assets, with its ETH short alone sized at roughly $92.45M at a $3,377 entry and showing $14.33M (232%) in unrealized profit, bringing total short exposure to about $118M. The address first opened its ZEC short on Oct. 10 at roughly $184 and averaged up over time, with unrealized losses reaching $21M on Oct. 17.

Coinglass data shows Ethereum faces significant liquidation risk near key price levels. A drop below $2,800 could trigger about $849 million in long liquidations on major centralized exchanges, while a move above $3,000 could liquidate roughly $659 million in short positions. These thresholds highlight critical volatility zones for ETH, underscoring the market’s heavy leverage and the potential for sharp, cascading price moves.

The Invesco Galaxy Solana ETF (QSOL) began trading on the Cboe exchange on December 16, according to official Cboe data. Developed by Invesco and Galaxy Digital, the ETF provides regulated exposure to Solana (SOL) for institutional and retail investors. QSOL’s listing marks a notable expansion of digital asset investment products and reflects the growing integration of cryptocurrencies like Solana into traditional financial markets.

An address associated with Huang Licheng, known as Machi Big Brother, holds a 25x leveraged long position of 400 ETH with an unrealized loss exceeding 210%, HyperInsight data show as cited by BlockBeats on Dec. 16. The position faces liquidation at $2,900.1, less than $10 below Ethereum's current price of $2,910.

Ethereum briefly fell below $3,000 on December 15, with the latest quote at $3,002, HTX market data show. BlockBeats reported the pricing based on HTX market quotes at that time.