News

ChainCatcher News, according to monitoring by Onchain Lens, a whale has withdrawn 272,201,182 PENGU worth $2.52 million from a certain exchange. In the past two weeks, this whale has accumulated a total of 273.08 million PENGU (worth $2.55 million) and 405.84 TRUMP (worth $2,240).

According to TechFlow, on December 21, data analysis from Santiment indicates that current market sentiment has not yet shown enough fear to confirm a bottom formation. The data shows that sentiment in the crypto market on social media remains pessimistic, but not extremely so, which means there is still potential for further downside in bitcoin prices, with a drop to around the $75,000 range considered a possible scenario. Observers point out that optimism among current market participants regarding a rebound is relatively high, which historically is not a typical characteristic of a confirmed bottom. The overall sentiment and fear indicators still reflect caution and uncertainty.

According to Deep Tide TechFlow, on December 21, as reported by Decrypt, Etherealize co-founder Danny Ryan stated that the crypto industry needs to "prove its value" before Trump leaves office, in order to avoid facing policy reversals after future government changes. He pointed out that the current U.S. government has promoted crypto-supportive legislation and regulatory improvements, but this environment will not last forever. Therefore, the industry should expedite the implementation of regulations and integration with capital markets. Ryan said that if crypto cannot demonstrate practical use during the current administration's term, future political forces may reconsider these policy supports. He emphasized that now is the industry's "window of opportunity" to make crypto a part of the financial system, rather than waiting for political changes to bring uncertainty.