According to @OnchainDataNerd, Flowdesk deposited 8.15 million ENA worth about 2 million US dollars into Binance and Bybit roughly one hour ago, with the deposit address shared via Arkham Intelligence explorer; source: @OnchainDataNerd; Arkham Intelligence. Exchange inflows increase immediately available sell-side liquidity and have been associated with short-term downside risk in token prices; source: CryptoQuant research on Exchange Flows. Large centralized-exchange inflows can precede higher intraday volatility, so traders can monitor ENA order book depth, spreads, funding rates, and open interest on Binance and Bybit to gauge near-term pressure; source: Kaiko research; Binance; Bybit. For confirmation and timing, track subsequent movements from the referenced address and net ENA exchange flows to see if the inflow converts into actual sell activity; source: Arkham Intelligence; CryptoQuant Exchange Netflow.

According to Glassnode, off-chain signals improved this week. Glassnode reports that spot and futures indicators turned higher as volumes rebounded from cycle lows and sell pressure faded. Glassnode adds that ETF activity strengthened, signaling a renewed institutional bid, while options continued to de-risk.

According to Kashif Raza, wallets holding over 1,000 BTC have stopped selling, indicating a shift in behavior among the largest cohorts, source: Kashif Raza on Twitter, Jan 2, 2026. According to Kashif Raza, long-term BTC holders are net buyers again for the first time in months, highlighting renewed accumulation by patient capital, source: Kashif Raza on Twitter, Jan 2, 2026. Based on this update, traders may monitor BTC spot flows and key support/resistance levels to gauge follow-through from the accumulation shift, source: Kashif Raza on Twitter, Jan 2, 2026.

According to @bubblemaps, on-chain analysis shows roughly $30M worth of MELANIA tokens were sold from team-linked wallets and about $10M were removed from the community pool and sold, indicating significant distribution from insider-associated addresses (source: Bubblemaps on X, Dec 31, 2025). @bubblemaps also states there has been no public explanation from the MELANIA team for these transfers and sales over the past seven months, raising transparency concerns for traders assessing execution risk (source: Bubblemaps on X, Dec 31, 2025). Based on these figures, at least $40M of token supply appears to have hit the market from team and pool addresses, which traders may interpret as potential sell-pressure overhang that could affect liquidity and price discovery in $MELANIA if flows persist (source: Bubblemaps on X, Dec 31, 2025). @bubblemaps characterizes $MELANIA as a Trump-affiliated token, and suggests monitoring known team wallets, exchange inflows, and pool depth for additional large outflows that could act as near-term catalysts (source: Bubblemaps on X, Dec 31, 2025).

According to @ai_9684xtpa, a wallet reported as associated with Arthur Hayes withdrew 6.095 million ENA (about $1.7 million at the time) from Binance seven months ago and deposited the tokens into Ethena staking, with no reduction even when ENA reached $0.80 (source: @ai_9684xtpa on X). According to @ai_9684xtpa, the same wallet transferred the entire ENA position back to Binance roughly 7 hours ago, signaling a potential intention to trade on-exchange (source: @ai_9684xtpa on X). According to @ai_9684xtpa, if this batch were sold now, it would realize an estimated $455,000 loss excluding staking yield, implying a cost basis around $0.2792 and current levels near $0.20 at the time of posting (source: @ai_9684xtpa on X). The referenced wallet is 0x229AfD6964a5EF12cbf5611a0F9a9c8B5297A86E for on-chain verification (source: Arkham Intelligence explorer: https://intel.arkm.com/explorer/address/0x229AfD6964a5EF12cbf5611a0F9a9c8B5297A86E).

According to @ai_9684xtpa, the whale who withdrew 77,385.34 ETH at an average $2,835.62 on Dec 1 has shown new activity; timing of movements is within 1.5 minutes of the '10/11 flash-crash short insider' ETH deposit, suggesting but not confirming the same entity, with cumulative exchange deposits reported at 112,894.34 ETH (~$331M). Source: @ai_9684xtpa on X; Arkham Intelligence (0x36ED68c47a007b6D896515070375b3f5AC9BC889; 0x396e52f7Ee3f3b3094BA9DE35932f0B10eBEe54E). The '10/11 flash-crash short insider' address reportedly sent 35,509 ETH (~$104M) to Binance about 20 minutes earlier, and six days ago transferred 100,000 ETH to an exchange without an observable short-term impact on ETH price based on K-line action. Source: @ai_9684xtpa on X; Arkham Intelligence (0x396e52f7Ee3f3b3094BA9DE35932f0B10eBEe54E). For trading, large ETH inflows to exchanges at this scale are closely watched for potential sell-side liquidity and volatility; however, the previously cited 100,000 ETH inflow did not trigger an immediate move, warranting confirmation from order flow and price reaction before positioning. Source: @ai_9684xtpa on X; Arkham Intelligence (addresses above).

According to @OnchainDataNerd, roughly one hour ago a wallet that may belong to MetaAlpha deposited 3,500 ETH (about $10.39M) to Binance. Over the past three months, the same wallet has deposited a total of 20,050 ETH (about $66.66M) to Binance, according to @OnchainDataNerd. Traders often monitor such large exchange inflows as potential short-term sell-side liquidity signals that can impact ETH order books on centralized exchanges, according to Glassnode research.

According to @OnchainLens, a dormant-address whale transferred 400 BTC to OKX, valued at $34.92M, realizing an estimated $30.4M profit; the on-chain address and transaction trail are referenced by @OnchainLens and viewable via Arkham Intelligence at intel.arkm.com/explorer/address/1N8x4YHpHDjpseGJyqtdXJL6f7LRdnoT6J (source: https://twitter.com/OnchainLens/status/2003981595368366359; source: https://intel.arkm.com/explorer/address/1N8x4YHpHDjpseGJyqtdXJL6f7LRdnoT6J). The reported figures imply an approximate cost basis of about $11.3k per BTC, calculated from $34.92M minus $30.4M divided by 400 BTC based on @OnchainLens’ data (source: https://twitter.com/OnchainLens/status/2003981595368366359). Inflows to centralized exchanges increase immediately tradable supply and have historically aligned with higher near-term sell-side risk and volatility, which traders monitor via exchange netflows and order book depth (source: https://insights.glassnode.com; source: https://cryptoquant.com; source: https://kaiko.com/research).

According to @OnchainLens, Arthur Hayes transferred 680 ETH worth about 2.03M USD to Binance and Flowdesk from address 0xa86e3d1c80a750a310b484fb9bdc470753a7506f and flagged the move as likely to sell; source: @OnchainLens. Historically, elevated ETH exchange inflows from large wallets have coincided with higher near-term sell pressure, which traders monitor as a timing risk signal; source: CryptoQuant; Glassnode. Short-term ETH traders can watch Binance spot net inflows, order-book sell walls, and perpetual funding or futures basis for confirmation of follow-through sell activity after this transfer; source: @OnchainLens; Binance market data.

According to @lookonchain, a whale that bought 68.25M ASTER at an average of 1.66 USD for a total cost of 113.34M USD sold 4.68M ASTER at 0.71 USD for 3.34M USD about five hours prior to the report. According to @lookonchain, the whale still holds 63.22M ASTER valued at 45.52M USD, with a total loss exceeding 64M USD. According to @lookonchain, two whales have accumulated 118.25M ASTER worth 270.8M USD, representing 7.13 percent of the circulating supply. According to @lookonchain, 15 wallets likely linked to the same whale withdrew 68.25M ASTER from Aster four days earlier, and wallet 0xFB3B, which @lookonchain reports has ties to Daniel Larimer and Galaxy Digital, withdrew 50M ASTER from Gate.io over the past two days. According to @lookonchain, these on-chain flows signal concentrated holdings and recent realized losses that are directly relevant to short-term liquidity and execution for ASTER traders.

According to @ai_9684xtpa, an address holding 12.43M ASTER sent all tokens to Binance about 9 hours ago, representing a $11.67M inflow that may add near-term sell pressure to ASTER order books. Source: X post on Dec 16, 2025 https://twitter.com/ai_9684xtpa/status/2000747319827030172. According to @ai_9684xtpa, the same address previously withdrew 12.43M ASTER from Binance at $0.9705 and later re-deposited at $0.8688, so any immediate sale near the current spot of $0.806 implies an estimated $1.367M realized loss. Sources: https://x.com/ai_9684xtpa/status/1998572261515854101 and https://twitter.com/ai_9684xtpa/status/2000747319827030172. According to @ai_9684xtpa, ASTER is around $0.806, below the cited CZ cost basis of roughly $0.913, a level traders may watch for overhead resistance and liquidity. Source: https://twitter.com/ai_9684xtpa/status/2000747319827030172. According to @ai_9684xtpa, the tracked wallet is 0xFB3BF33Ba8E5d08D87B0db0e46952144DF822833 with details at intel.arkm.com/explorer/address/0xFB3BF33Ba8E5d08D87B0db0e46952144DF822833, allowing on-chain verification of transfer timing and size. Source: https://twitter.com/ai_9684xtpa/status/2000747319827030172.

According to @glassnode, off-chain signals weakened this week as spot and futures indicators declined alongside rising sell pressure. According to @glassnode, ETF activity softened amid reduced trading volume. According to @glassnode, options stood out as relatively firmer with rising demand for hedging despite broader risk-off conditions.

According to @EmberCN, FTX/Alameda redeemed 194,800 SOL worth about $25.52 million from staking and distributed the tokens to 26 addresses roughly four hours before the report. According to @EmberCN, most of the receiving wallets subsequently send SOL to Coinbase or Binance, indicating a recurring exchange inflow pattern that traders track for supply dynamics. According to @EmberCN, this action follows a mid-month routine observed since November 2023 where the FTX/Alameda staking address repeatedly redeems and transfers SOL using the same process.

According to Lookonchain, wallet 0x9D1c deposited 5,748 ETH (about 17.89 million USD) to Kraken roughly 50 minutes ago, with the ETH traced back to the Ethereum Foundation via Arkham Intelligence address 0x9D1c3DBaef87a2abDe9182664b6c1B75fe81680B (source: Lookonchain; Arkham Intelligence). For trading context, exchange inflows are viewed as potential sell-side supply and are monitored through exchange reserves/netflows during such events (source: CryptoQuant education on exchange reserves).

According to @OnchainLens, a whale or institution moved 6.2M LDO worth approximately 3.6M dollars to Binance after 1 to 2 years of dormancy, implying an unrealized loss of about 6.26M dollars versus a 9.86M dollar cost basis sourced from an Anchorage Digital custodian wallet; one reported address is 0x4df669c19a622c6980f5634e2a1d771d626dee09 (source: @OnchainLens). According to Glassnode research, large exchange inflows frequently coincide with higher sell side liquidity, making such whale deposits a tactically bearish signal that traders often monitor in the short term for LDO order books and liquidity depth (source: Glassnode). According to CryptoQuant, tracking exchange reserves and subsequent on-chain outflows helps assess whether inflows convert into actual selling, so traders can watch LDO exchange balances and spot volumes on Binance for confirmation or invalidation of sell pressure risk (source: CryptoQuant).

According to @glassnode, Bitcoin showed early signs of stabilization in Week 49 after a deep oversold slide, with momentum recovering (source: @glassnode). According to @glassnode, sell pressure is beginning to ease across spot and derivatives markets, providing trading-relevant context for short-term positioning (source: @glassnode).

According to the source, a major Bitcoin holder has established a $1.44 billion USD reserve while indicating it could still sell BTC, creating potential supply overhang and headline risk for BTC price action. source: user-shared X post For traders, this headline suggests monitoring BTC spot order-book depth, perpetual funding rates, and basis for signs of sell-side pressure around any reserve deployment or sales. source: user-shared X post

According to @MikeSilagadze, OTC token sales executed via market makers or brokers are economically equivalent to selling on the open market because the counterparty captures a discount and hedges by shorting perpetual futures during any lock-up period (source: @MikeSilagadze on X, Nov 24, 2025). He states this dynamic makes OTC deals slightly worse for price than direct spot selling, implying comparable or higher near-term sell pressure on the asset (source: @MikeSilagadze on X, Nov 24, 2025). Traders should treat OTC sale announcements as effective market supply due to hedge-driven perp shorts during lock-ups rather than isolated off-exchange transactions (source: @MikeSilagadze on X, Nov 24, 2025).

According to @ai_9684xtpa, wallet 0x29FeC057B86eF46d240Bd271837369f5715335EF deposited 8,920 ETH to Binance within the past hour, valued at roughly $24.85 million, indicating potential sell-side supply in the near term (source: @ai_9684xtpa on X). According to @ai_9684xtpa, these ETH were accumulated via exchange withdrawals between March 2024 and February 2025 at an average cost of $3,024, implying a realized loss of about $2.12 million if sold at current prices (source: @ai_9684xtpa on X). According to @ai_9684xtpa, the wallet holds only 0.04238 ETH after the transfer, suggesting a near full liquidation (source: @ai_9684xtpa on X; on-chain reference via Arkham Intelligence address 0x29FeC057B86eF46d240Bd271837369f5715335EF). According to CryptoQuant and Glassnode research, large exchange inflows are commonly monitored as potential sell pressure signals, making Binance spot and ETH perpetual markets key areas for traders to watch around such events (source: CryptoQuant research; Glassnode on-chain reports).

According to @caprioleio, Bitcoin has reached a record high for institutional selling as a percentage of Coinbase BTC trading volume, marking the highest share of institutional sell-side activity on the exchange in its history, source: @caprioleio. According to @caprioleio, this data point reflects unprecedented institutional sell flow concentration on Coinbase as of Nov 21, 2025, source: @caprioleio.