BitEagle News

Total crypto market cap sits around $3 trillion.

Total liquidations in 2025 alone? Roughly $150 billion.

Let that sink in.

That is not money lost to bad tech or failed fundamentals. That is money transferred straight from traders to exchanges and market makers. Pure extraction.

Before opening another futures position, ask yourself one honest question. Are you trading an edge, or are you just feeding the machine?

Most people are not hedging. Most people are not market neutral. They are overleveraged, emotional, and late. Every wick exists to find that leverage and wipe it.

Futures reward discipline and patience, but punish impulse harder than anything else in this industry.

Spot lets you survive. Leverage tests your ego.

And the market has no mercy for ego.

What we’ve seen over the past few months is a very clear rotation of capital.

Gold topped in September. After that, gold bugs started taking profits and rotating down the risk curve. First into Silver, which went on to print a new ATH about three months later. Then into Palladium. Then into small caps, with the Russell 2000 putting in a new ATH just two weeks ago.

This is exactly how risk appetite rebuilds.

Capital does not jump straight from safety into high beta. It steps down gradually.

If this process continues, the next logical destinations are Bitcoin and Ethereum. After that, large cap altcoins. And only later, when confidence fully returns, the lower cap names.

This isn’t random. It’s rotation. And once it starts, it usually doesn’t stop halfway.

In crypto, patience is a real edge and most people don’t have it.

Everyone wants fast money, instant pumps, and perfect entries. But the market usually rewards the ones who wait while others rush. Price spends far more time doing nothing than it does making big moves, and that’s where most traders lose focus.

Doing nothing is a position.
Waiting is a strategy.

When you stop forcing trades, your win rate improves automatically. You start taking only the setups that actually make sense instead of chasing noise.

The hardest part is staying calm when nothing is happening. But that calm is often what puts you in position before the move starts.

Slow decisions beat fast reactions in this market every time.

CZ makes an important point here.

The people who bought Bitcoin early didn’t buy at “all-time highs” in their own time. They bought when sentiment was terrible, when narratives were broken, and when most people were convinced it was either dead or irrelevant.

Every major Bitcoin bottom looked expensive and risky in the moment. Fear, uncertainty, and doubt were always the backdrop. The idea of “buying early” only becomes obvious in hindsight, once price has already moved multiples higher.

That’s how asymmetric assets work. Opportunity shows up when conviction is hardest to maintain, not when headlines turn bullish and timelines are filled with green candles.

Most participants don’t miss the top because they’re late. They miss the opportunity because they wait for certainty, and certainty only arrives after the move is already gone.

History doesn’t reward comfort. It rewards patience during periods when nothing feels safe or obvious.

LASTPASS SETTLES DATA BREACH LAWSUIT FOR UP TO $24M

LastPass has agreed to a major settlement following its data breach, committing $8.2M to resolve data protection claims.

On top of that, the company will pay up to $16.25M to reimburse users for crypto-related losses tied to the incident.

The settlement highlights growing accountability for security failures, especially when breaches directly lead to financial losses.

It also reinforces a hard lesson in crypto: custodial and password-management risks can have real, irreversible consequences.

Another reminder that security is not optional in this space.

SOL and XRP spot ETFs continued to attract capital on Dec. 24, while Bitcoin and Ethereum ETFs saw net outflows.

BTC recorded -$175.29M in net outflows, and ETH followed with -$52.7M, showing ongoing pressure on the two largest assets as investors stay cautious in the short term.

On the other side, capital rotated into select alts. SOL posted $1.48M in net inflows, while XRP led the pack with $11.93M, extending its recent strength and highlighting sustained interest outside of BTC and ETH.

This kind of flow divergence is worth paying attention to. It suggests investors aren’t leaving crypto entirely, but are being more selective with exposure, favoring assets tied to specific narratives or momentum.

Whether this marks early positioning ahead of a broader rotation or remains isolated to a few names is still unclear. For now, ETF flows continue to show that capital is moving, not disappearing.

⚡️ Metaplanet shareholders have officially approved a series of equity-related proposals that significantly strengthen the company’s ability to raise capital for future Bitcoin purchases.

This isn’t a short-term trade or a marketing headline. It’s a long-term balance sheet strategy. Metaplanet is positioning itself as a Bitcoin-native public company, with a clear and aggressive accumulation goal of 210,000 BTC by the end of 2027.

What matters here is intent. When shareholders approve dilution or equity tools specifically to buy BTC, it shows conviction at the corporate level.

This mirrors what we’ve seen from other Bitcoin-forward companies that treat BTC as a strategic reserve rather than a speculative asset.

Moves like this quietly tighten available supply over time. While retail focuses on short-term price action, institutions and corporates are building positions through structure and patience.

Bitcoin adoption doesn’t always come with fireworks. Sometimes it comes through board votes, balance sheets, and long-term planning.

Merry Christmas ladies and gents 🎄

This is your reminder to step back for a moment. Close the charts, mute the noise, and spend real time with the people who actually matter.

Markets have been brutal, choppy, emotional, and exhausting. That’s exactly why breaks are important.

You do not gain an edge by staring at illiquid holiday candles or forcing trades when volume is dead.

Nothing meaningful changes in one weekend. Good positions take time. Bad emotions cost money.

Use this period to reset mentally. Reflect on what worked this year, what didn’t, and where you overtraded or got caught chasing narratives. That reflection is worth more than any random Christmas pump.

Capital is useless without clarity. Conviction is useless without patience.

Enjoy the food. Enjoy the conversations. Laugh a bit. The next phase of the market will come soon enough, and you’ll want to be sharp when it does.

Assuming, of course, you didn’t sell the house to buy the dip.

Big one coming up.

Roughly $24B in Bitcoin options and $6B in ETH options are set to expire this Friday.

That’s a lot of gamma coming off the board.

Into expiries like this, price action often looks messy. Chop, fake moves, stop hunts. Once it’s done, markets usually get cleaner and direction becomes clearer.

Worth keeping in mind if you’re trading short term.
Volatility around expiry, clarity after.

Options matter more than most people think.

$BTC $ETH

Argentina is a real-time case study.

Under President Javier Milei’s libertarian reforms, the poverty rate has dropped from 52.9% to 27.5% in a very short period. That’s not noise, that’s structural change.

At the same time, Argentina has become one of the highest crypto-adopting countries in the West on a per-capita basis. This isn’t about speculation. It’s about survival.

When your currency constantly devalues, people don’t wait for permission. They move to harder assets. Bitcoin and stablecoins become tools, not trades.

This is what crypto adoption actually looks like.
Not headlines about ETFs.
Not meme hype.

Just people protecting purchasing power when the system fails them.

Several VC-backed crypto projects are now trading at market caps far below their last private funding rounds.

That’s what happens when bull-market pricing meets reality.

Easy liquidity inflated private valuations. Growth projections were priced in years ahead. Once conditions tightened, those premiums disappeared fast.

What’s left is a reset. Public markets forcing price discovery, not narratives.

This matters because it explains why so many charts look “broken” while fundamentals haven’t completely collapsed. A lot of downside wasn’t about failure, it was about excess being unwound.

It also creates a split. Some of these projects will stay cheap because the valuation was never justified. Others are now trading at levels that assume no future growth at all.

That’s where opportunity comes from.

When private optimism flips into public pessimism, price often overshoots in both directions. We’re seeing that now.

Not everything is a buy. But dismissing the entire sector because VC valuations didn’t hold is usually how people miss the turn.

One of the biggest mindset shifts in crypto is understanding that volatility is not the enemy. Emotion is.

Big candles don’t hurt accounts. Bad decisions do.

The same move that wipes someone out is often the move another person was calmly waiting for. The difference is preparation. When you know your risk, your position size, and your plan before entering, price swings stop feeling personal.

Most people only think after they enter a trade. Professionals think before.

You don’t need to catch every move.
You don’t need to react to every candle.
You don’t need to follow every narrative.

Pick your moments. Protect your capital. Stay emotionally neutral.

Consistency in crypto comes from discipline, not excitement.

OTHERS/BTC is bouncing off a very important long-term support, the same zone that marked major cycle inflection points in 2016, 2019, and 2021.

Historically, these levels didn’t signal instant pumps. They marked the transition phase.

Bitcoin dominance was still high.
Sentiment around alts was still terrible.
Most people had already given up.

And that’s exactly when the rotation started.

Each time this support held, capital slowly shifted out of $BTC into the rest of the market, eventually igniting full altseasons months later. Not days. Months.

If this level continues to hold, it suggests downside risk for alts is becoming increasingly limited relative to Bitcoin. That doesn’t mean everything moons tomorrow. It means the asymmetry starts favoring patience over panic.

This is typically the zone where positioning matters more than timing. Where the move begins quietly, before anyone believes in it.

History doesn’t repeat perfectly, but it rhymes often enough to pay attention.

Most people lose in crypto not because the market is unfair, but because they rush everything.

They rush entries.
They rush exits.
They rush conclusions.

Patience is the rarest edge in this space.

The market doesn’t pay you for being early. It pays you for being right and for staying calm while waiting. Many great moves start with weeks of nothing. Sideways price. Low engagement. Boredom. That’s usually where real positions are built.

If you always feel like you must be in a trade, you’re already at a disadvantage. Cash is a position. Waiting is a strategy.

Slow down your process.
Speed comes later.

The ones who survive long term aren’t the loudest or the most aggressive. They’re the ones who respect time, risk, and their own psychology.

Let the market come to you.

The IMF just acknowledged El Salvador’s stronger than expected economic growth, with real GDP now projected at 4%.

At the same time, El Salvador added 1,000+ $BTC during November’s dip.

That combination matters.

While most countries de-risk during uncertainty, El Salvador leaned into volatility and accumulated. Stronger growth gives them more flexibility, and Bitcoin continues to act as a long-term strategic reserve rather than a short-term trade.

Whether people agree with the approach or not, the signal is clear:
Bitcoin is no longer just a speculative asset for them. It’s part of national policy.

Quiet accumulation during fear, improving macro metrics, and long-term conviction tend to age well.

🚨 STABLECOIN SUPPLY JUST HIT A NEW ALL-TIME HIGH

The total stablecoin market cap has reached $310 billion, marking a fresh ATH.

This matters more than most people realize.

Stablecoins are sidelined liquidity. They don’t chase tops, they wait for opportunity. Historically, expansions in stablecoin supply tend to lead risk-on moves, not follow them.

More dry powder in the system means:
• Higher capacity for spot buying
• Faster rotations into alts when sentiment shifts
• Stronger market reflexivity once momentum returns

Price can stay choppy short term, but liquidity is clearly rebuilding under the surface.

This is not what a dying market looks like.

Galaxy Research points out something most people miss.

When Bitcoin’s price is adjusted for inflation using 2020 dollars, the real peak wasn’t six figures.

BTC actually topped at $99,848 in real terms.

Nominal highs look impressive, but inflation changes the context. Purchasing power matters more than headline numbers.

It’s a reminder that breaking “psychological levels” isn’t just about price tags, but about real value over time.

Spot ETF flows on Dec. 23 tell a clear story.

Money rotated out of $BTC and $ETH , while $SOL and XRP quietly attracted inflows.

BTC: –$188.64M
ETH: –$95.53M
SOL: +$4.2M
XRP: +$8.19M

Not massive numbers on the inflow side, but direction matters.

When Bitcoin and Ethereum see consistent outflows while select alts absorb capital, it usually signals early positioning rather than late hype.

Worth paying attention to where capital chooses to go, not just where the headlines are.

Hyper Foundation has officially executed the burn of $HYPE tokens held in its Assistance Fund, following the outcome of a governance vote.

Those tokens are now permanently removed from circulation, reducing the effective supply and increasing scarcity going forward.

No narrative fluff here. This is clean, on-chain, and governance-led supply reduction.

In markets like these, actions matter more than promises.

Over the past two years, Gold and Bitcoin have delivered very similar net returns. Two completely different assets, two completely different narratives, yet the outcome for holders has been almost the same financially.

Gold did what it always does: slow, steady, boring strength. It benefited from macro uncertainty, central bank buying, and currency debasement fears.

Bitcoin took the volatile route. Huge drawdowns, violent rallies, nonstop sentiment swings. But after all that chaos, long term holders ended up in roughly the same place.

That says more about where we are in the cycle than about either asset itself.

Gold reflects fear and preservation.
Bitcoin reflects optionality and future liquidity.

When those two converge in performance, it usually means markets are still defensive, not euphoric.

The interesting part isn’t what happened.
It’s what happens after this kind of convergence.