[Midnight News Brief] Justin Sun makes a large purchase of LIT tokens... holding 5.32% of the circulating supply, etc.

$400 million USDT transfer…HTX → Aave

According to Whale Alert monitoring, HTX addresses transferred 400,000,000 USDT to Aave addresses. The scale reaches $400 million.

Sun Yuchen, purchased $33 million worth of LIT… holding 5.32% of the circulating supply

On-chain analyst MLM stated that TRON founder Sun Yuchen withdrew $38 million from the $200 million he deposited into the decentralized perpetual contract exchange Lighter, and used $33 million of it to buy a total of 13.25 million LIT. This accounts for 1.33% of the total LIT supply, approximately 5.32% of the circulating supply. Previously, at the end of last year, Sun Yuchen used 5.2 million USDC to buy 1.66 million LIT. According to CoinMarketCap data, LIT is currently trading at $2.58, down 5.72%.

December cryptocurrency hacker attacks lose $76 million… down 60% month-over-month

According to data from blockchain security firm PeckShield, there were 26 major cryptocurrency hacking incidents in December last year, with losses totaling approximately $76 million. This is a decrease of over 60% compared to November ($194.27 million).

Novus CEO: “Cryptocurrency will accelerate into mainstream finance this year”

Nate Geraci, CEO of asset management firm Novus Wealth Management, stated on X platform: “Last year started with the US SEC lawsuit against Ripple, which ultimately led to the listing of the XRP spot ETF. Following the XRP spot ETF, ETFs for Solana, Hedera, Litecoin, and others appeared, and a cryptocurrency index ETF containing assets like ADA, SUI, DOT, LINK, and more was launched. Based on this trend, this year seems to be a turning point for cryptocurrencies to officially integrate into mainstream finance.”

MicroStrategy, first six months of stock price decline after introducing BTC strategy

According to CoinDesk, MicroStrategy experienced its first six consecutive months of stock price decline since adopting Bitcoin financial strategy in 2020. Based on monthly return data shared by crypto analyst Chris Millhas, MSTR stock price declined consecutively from July to December last year, with significant drops in August (-16.78%), October (-16.36%), November (-34.26%), and December (-14.24%). In comparison, BTC performed more stably during the same period. BTC declined 9.65% annually and 27.36% over six months, with smaller declines than MSTR. Millhas analyzed: “MSTR has historically rebounded quickly after sharp drops, but this time it has continued to decline without rebound, indicating a possible structural re-pricing.”

Analysis: “DOGE with death cross may drop 30%”

Well-known crypto analyst Marzell analyzed on X platform: “Currently, on the 3-day K-line chart of Dogecoin, a death cross pattern has been observed with the 200-day moving average crossing below the 50-day moving average, as well as a head and shoulders top pattern. If this pattern completes, DOGE could drop to around $0.08 at most. As the interest in the DOGE spot ETF launched in November last year cools and open interest in futures contracts decreases, the overall downtrend is accelerating. Currently, risk-averse sentiment among investors is spreading, with ongoing selling pressure.” According to CoinMarketCap data, DOGE is currently trading at $0.1203, down 1.99%.

Binance Alpha, adding AIAV

Binance Alpha announced it will add AIAV on January 2nd local time. Binance Alpha is an on-chain trading platform within Binance Wallet, focused on launching early-stage tokens.