2025-12-29 17:21:15

Although year-end activity in the crypto market has declined somewhat due to the holiday season, several important pieces of information are worth noting.

The airdrop query for the Brevis project has officially opened. According to tokenomics data, the airdrop accounts for 3.5% of the total supply, with 3% unlocked at TGE (Token Generation Event) and the remaining 0.5% unlocked six months after TGE. This phased unlocking design is common in new projects.

In terms of capital flow, spot ETFs have recently shown some weakness. Bitcoin spot ETFs experienced a net outflow of $782 million, while Ethereum spot ETFs also saw outflows of $102 million. This has been accompanied by increased price volatility—BTC and ETH frequently exhibit rapid rises followed by declines, mainly due to liquidity shortages during the holiday period. This situation is expected to continue.

The TGE schedule for the Lighter project has encountered some uncertainty. The community previously expected the token to be issued on the 29th, but the official has not provided any confirmation today. The most direct reflection comes from betting data on the prediction market Polymarket—in 24 hours, the probability of the token being issued on the 29th dropped sharply from 66% to 24%, and the probability of issuance within 2025 also declined to 69%.

Interestingly, Russia’s second-largest bank, Sberbank, has extended its first loan to Bitcoin mining company Intelion Data, using BTC as collateral. This reflects a gradual recognition by traditional financial institutions of crypto assets as collateral.

Another noteworthy data point is that institutional investor Strategy continues to build positions. This week, the firm added 1,299 BTC to its holdings, investing approximately $108.8 million, bringing its total holdings to 672,497 BTC. This ongoing institutional buying provides some support to the market.

BTC0,22%

ETH0,47%

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OldLeekMaster

· 17h ago

Brevis airdrop ratio is so small, and it will be unlocked in two phases. Only about 3% is available at TGE, which is a bit disappointing. Lighter's coin dropped from 66% to 24% on the 29th? Laughs. The official is messing around again. Institutions are eating up the chips; retail investors can only watch the show. With such a large net outflow from ETFs, is the liquidity during the holiday really like this? Sberbank is using BTC as collateral. Is traditional finance truly waking up, or is it just playing around? The end-of-year market is just crazy; the rises and falls are like a roller coaster. Strategy bought so much BTC; I need to reflect whether I am too inexperienced. The holiday market is quiet; it seems everyone is waiting for a rebound after the New Year. Lighter's recent moves are really a bit shady. Brevis's tokenomics are designed quite cautiously; it seems the project team wants to keep things steady.

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MEVHunter_9000

· 17h ago

Lighter is causing trouble again, the probability of issuing tokens on the 29th jumped from 66 directly to 24, this unpredictable feeling is really incredible. Net outflows on the ETF side are so large, it feels like institutions are reducing their positions on rallies. The poor liquidity during holidays is indeed a downside. Brevis airdropped 3.5% of the supply, which isn't much, but the staged unlocking has become quite common. Russian banks using BTC as collateral is quite forward-thinking; traditional finance is finally starting to take cryptocurrencies seriously. Strategy is quietly eating BTC again; these institutions are really rich and reckless.

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OnchainHolmes

· 17h ago

Lighter really messed up this time, jumping from 66% directly to 24%. The community must be very disappointed. But speaking of which, the Strategy's aggressive Bitcoin buying is the real big move, with 1,299 coins... --- Brevis's airdrop ratio is a bit small, only 3.5%, and it will be unlocked in two phases. This routine is quite common, but it still feels a bit unsatisfactory. --- ETF outflows of $780 million. During holidays, the market is already a killer, and now holding coins means continuing to endure volatility. --- What does Sberbank's loan to mining companies indicate? Traditional finance is finally taking BTC seriously, which is a long-term positive. --- Why does it feel like various deadlines are being pushed back at the end of this year? Are they all waiting for the 2025 opportunity... --- Strategy's pace clearly shows institutional bottom-fishing, with over 670,000 BTC. That's a pretty big move.

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LucidSleepwalker

· 18h ago

Institutions are bottom-fishing, retail investors are getting burned—it's a never-ending story... Lighter's delay this time is really outrageous; the probability on the 29th has been cut in half, probably another link in the chain went wrong.

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LoneValidator

· 18h ago

Lighter's move is really good at squeezing people out, directly dropping from 66% to 24%. This move is indeed a bit dirty, but institutions are frantically accumulating chips. 672k BTC has already become a bit outrageous.

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