December 14th: Strategy founder Michael Saylor once again shared information about the Bitcoin Tracker. He stated, "Back to more orange dots."According to the previous pattern, Strategy always discloses its additional Bitcoin holdings information on the second day after such news is released.

December 14th, according to the relevant page, the probability of "Bank of Japan Raising Interest Rates by 25 Basis Points in December" on Polymarket is currently reported as 98%, while the probability of no rate change is 2%.According to public information, the Bank of Japan plans to announce its interest rate decision on December 19th.

December 14th, according to Arkham Monitoring, about 20 minutes ago, a whale withdrew 14.098 million WLFI from Binance, worth approximately $2.03 million.

December 14th, according to HyperInsight monitoring, the "Ultimate Bear" whale (0x5D2) holds a 20x Bitcoin short position, currently with a floating profit of $18.11 million, and has earned $9.56 million from funding fees. Its entry price was $11,140, with a position size of 820 BTC.

December 14th, ARK Invest founder Cathie Wood stated that during the 1011 flash crash, Bitcoin had the strongest liquidity of all crypto assets, usually being the first to be sold off and dragging down other currencies. Other currencies experienced larger price drops. With the relevant information already digested, the market may have bottomed out. Cathie Wood emphasized that Bitcoin represents a new global monetary system and asset class, serving as the preferred entry point for institutions into the crypto space and should be at the forefront of institutional asset allocation.Regarding Ethereum and Solana, Cathie Wood pointed out that the narrative is changing. Ethereum is the infrastructure of choice for institutions, building Layer 2 solutions on Ethereum. However, as the number of L2 solutions rapidly grows, whether it will be "commoditized" is still worth observing. Nonetheless, the Ethereum ecosystem continues to expand, and Ethereum is our second choice. Solana leans more towards a consumer-facing blockchain ecosystem and also has the potential to be part of institutional expansion in the future.In terms of asset allocation, Cathie Wood said that as flagship strategies cannot directly hold crypto ETFs, ARK mainly participates in the crypto industry layout in stock form, including Coinbase, Robinhood, and stablecoin-related company Circle, and holds a small amount of Ethereum and Solana exposure. Currently, crypto-related assets account for about 12%-13% of the portfolio, which is a relatively appropriate proportion.She added that the market is focusing on whether large traditional financial institutions (such as Morgan Stanley, Bank of America, Wells Fargo, UBS, etc.) will formally introduce Bitcoin through ETFs in this cycle, and this decision may become a key variable influencing the next stage of the market.

December 14, Bitwise advisor Jeff Park stated in a post that "the current market structure fundamentally does not favor a substantial price increase in Bitcoin. The reason is that, on the one hand, Bitcoin OG holders are still continuously selling, while on the other hand, demand from ETFs and institutional investors is slowing down."At the same time, Jeff Park emphasized that for Bitcoin to break out, it must return to significantly higher levels of implied volatility in a sustainable manner, especially upward volatility. In November, I stated, "It's either volatility or death," and shared the signal of the first anomalous breakout at that time. Finally, seeing volatility starting to rise again reignited some hope. However, disappointingly, implied volatility has once again been fully suppressed over the past two weeks. From a peak of 63% in late November, it has now fallen back to 44%."

December 14th, according to Hyperinsight monitoring, the "BTC OG Insider Whale" address's position has seen its unrealized loss expand to $19.26 million, including:· 5x long 175,994 ETH, opening price $3,173.34, liquidation price $1,954.90, unrealized loss $15.53 million;· 5x long 1,000 BTC, opening price $91,506.70, unrealized loss $2.21 million;· 20x long 25,000 SOL, opening price $137.53, unrealized loss $1.52 million.

December 14th, according to HyperInsight monitoring, "Whale Brother" Huang Lizheng reduced his holdings by 786 ETH, currently holding 3,144 ETH (9.69 million US dollars), with a current liquidation price of $3,042.74.

December 14th, according to Coinglass data, the entire network liquidated $55.71 million in the past hour, with $55.03 million in long liquidations and $0.67 million in short liquidations.

BlockBeats News Update: On December 14, according to HTX market data, Bitcoin dropped below $89,000 with a 24-hour percentage change of -1.62%.