News

According to ChainCatcher, monitored by GMGN, the Solana-based meme coin JELLYJELLY continued to rise overnight and this morning, reaching a high of $0.118 before a slight pullback. It is currently trading at $0.1, with a market capitalization of approximately $101 millions and a 24-hour increase of about 31%. ChainCatcher reminds users that meme coin trading is highly volatile, largely driven by market sentiment and hype, and lacks actual value or use cases. Investors should be aware of the risks.

ChainCatcher news, according to Coinbob's popular address monitoring, in the past hour, the ETH buy orders previously placed by BTC OG insider whale (0xb31) have almost all been filled, with only one large order of $480,000 at $3,030 yet to be executed. The current total position size has expanded to $670 million, with an unrealized loss of $22 million. The main long positions are as follows: 5x ETH long: position size $556 million, average price $3,169, unrealized loss $16.8 million (-15%); 5x BTC long: position size $88.57 million, average price $91,500, unrealized loss $2.93 million (-16%); 20x SOL long: position size $32.52 million, average price $137, unrealized loss $1.88 million (-115%). Monitoring also shows that from the night of December 7 to the morning of December 8, this address transferred $70 million from an exchange wallet to Hyperliquid, then opened a 5x leveraged ETH long position with an average price of $3,048. On the 10th, another $50 million was transferred in to increase the ETH long position, and on the 12th, another $110 million was transferred in, placing large ETH buy orders in the $3,030 to $3,150 range, totaling about $92.7 million. The BTC OG insider whale is an OG address that once held more than 50,000 BTC and remained dormant for 8 years, later gradually swapping some BTC for ETH. Its operations have repeatedly coincided with Trump’s statements and U.S. policy trends. Hours before the "10.11" crash, it placed a $500 million BTC short, earning nearly $100 million and attracting market attention. An exchange CEO, Garrett Jin, stated that this address is associated with one of their clients.