BlockBeats News, December 27, According to CryptoQuant analyst Darkfost, Ethereum contract trading volume this year far exceeds previous years' levels. Taking Binance as an example, over the past year, Ethereum futures trading volume has exceeded $6.74 trillion, nearly double that of 2024, which itself had already set a historical record. Thus, it can be said that Ethereum is one of the assets with the highest trading volume in the global derivatives market in 2025, highlighting the strength of speculative demand.Over the past year, the spot-to-futures ratio has been approximately 0.2, meaning that for every $1 invested in buying ETH on Binance's spot market, nearly $5 is allocated to futures contracts. This ratio is characteristic of markets highly reliant on leverage, reflecting extreme speculation on Ethereum in 2025. Record trading volume combined with such an imbalanced ratio indicates that futures largely dictate Ethereum's price movements.Consequently, Ethereum's price volatility this year has often been amplified, disorderly, and highly dependent on liquidations, ultimately leading to it setting a new all-time high by only a few dollars.

ChainCatcher reports, according to on-chain analyst Yu Jin's monitoring, Ethereum treasury company Bitmine has staked its held ETH to earn interest: 50 minutes ago, it deposited 74,880 ETH (worth $219 million) into Ethereum PoS staking. This is Bitmine's first staking operation, and it currently holds 4.066 million ETH, with an APY of about 3.12% at present.If all of it were staked, it could earn approximately 126,800 ETH in interest per year, valued at $371 million at the current price of $2,927.

PANews reported on December 27 that, according to on-chain analyst Ember, Ethereum treasury company Bitmine has been staking its ETH holdings to earn interest: 50 minutes ago, it deposited 74,880 ETH (US$219 million) into Ethereum PoS staking. This marks Bitmine's first staking activity. It currently holds 4.066 million ETH, with an APY of approximately 3.12%. If all of these were staked, it could earn approximately 126,800 ETH in interest annually, worth $371 million at the current price of $2,927.

PANews reported on December 27 that, according to Onchain Lens monitoring, two wallets associated with Pantera Capital have deposited 5,264 ETH, worth $15.39 million, into Coinbase Prime.

BlockBeats news, December 27th: Yesterday was the annual major options expiration day, also the largest cryptocurrency options expiration day in history, with a cumulative notional value of approximately $280 billion. Although most analysts and historical data indicate that market volatility significantly amplifies after massive options expirations, possibly due to holiday effects, the market has yet to break free from the volatile 'painting the door' pattern.According to HTX market data, Bitcoin retreated from $89,000 last night, briefly fell below $87,000 before rebounding above $87,000 to consolidate sideways, currently quoted at $87,405.According to analyst Murphy, the $87,000 level is a short-term price point for substantial Bitcoin position turnover and is also currently the strongest support level in terms of position structure. As long as the massive volume bar maintains effective support, the direction will become clearer.

BlockBeats news, on December 27, Solstice posted on X stating that it has updated the terms of its token public sale, with the public sale token allocation being 100% unlocked at TGE; for users who have become unsettled due to short-term fluctuations in USX, they can apply for a full refund within the 14-day window after the public sale ends; the SLX issuance is still proceeding as scheduled, without delay, and is planned for TGE in Q1 2026.Previous news, Solstice has completed its token public sale on Legion. Yesterday, Solstice's stablecoin USX experienced some depegging due to liquidity issues, and it has now largely restored its peg.

ChainCatcher reports that Pakistan's National Cyber Crime Investigation Agency (NCCIA) conducted a joint raid in Karachi, dismantling an online investment scam network known as an international fraud syndicate, involving approximately $60 million.During the operation, police arrested 34 individuals in phases 1 and 6 of the Defense Housing Authority area, including 15 foreigners and 19 Pakistani citizens. Sindh Interior Minister Rana Janjar stated that the group used social media and instant messaging apps to carry out long-term account cultivation scams on domestic and international victims, luring them into fake cryptocurrency and forex trading schemes. Police seized 37 computers, 40 mobile phones, over 10,000 international SIM cards, and 6 illegal communication gateway devices.

ChainCatcher news, according to Binance spot data, the market is experiencing a pullback after a surge in multiple tokens. BIFI's 24-hour decline reached 24.49%, while API3 and 0G fell by 9.48% and 20.75%, respectively.At the same time, INIT and PLUME dropped by 16.12% and 11.58%, with other tokens RPL, AIXBT, and MITO also showing declines of varying degrees, at 5.8%, 5.53%, and 26.45%, respectively.

ChainCatcher reports, according to Arkham data, at 03:42, 143.18 BTC (worth approximately $12.13 million) was transferred from an anonymous address (starting with bc1q44e4s...) to another anonymous address (starting with bc1qs7l4v...). Subsequently, the address transferred a portion of the BTC to Luno.

ChainCatcher news, according to Arkham data, at 02:36, 515.5 BTC (worth approximately $44.94 million) was transferred from an anonymous address (starting with 19Rws...) to another anonymous address (starting with 1HWj...).