Ethereum

On December 12, 2025 (UTC), total crypto market capitalization rose 1.9% to $3.23 trillion, with trading volume at $124 billion and 90 of the top 100 coins advancing. Bitcoin gained 2% to $92,126, while Ethereum added 1% to $3,239. US BTC and ETH spot ETFs posted outflows on December 11, totaling $77.34 million and $42.37 million, respectively.

In a report released this week, Global Ledger said sanctioned exchange Garantex rebuilt an on‑chain payout system, with linked Bitcoin and Ethereum wallets holding more than $34 million and at least $25 million already disbursed. Funds flow through Tornado Cash and cross‑chain bridges, while A7A5, launched in early 2025, has reportedly supported over $87 billion in volume.

The BTC trader known as the "1011 whale" reappeared with a combined long exposure above $500M across BTC, ETH, and SOL, and placed limit buys for ETH at $3,030–$3,150 and SOL at $138.6. On December 11, he moved 5.152K BTC to a new address, while BTC later reclaimed levels above $92,000 amid cautious derivatives positioning.

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On Friday, Dec. 12, around 39,000 BTC options worth about $3.6 billion expire, alongside 247,000 ETH contracts totaling $768 million, for roughly $4.3 billion in notional. BTC's put/call stands near 1.1 with max pain around $90,000, while ETH's is 1.24 with max pain at $3,100; spot prices remain range-bound.

South Korean investigators report that Binance locked just 17% of Solana-based assets stolen in the November 27 Upbit hack after receiving an urgent freeze request from the exchange and police. Authorities say the attackers laundered funds through more than a thousand wallets and multiple chains before most of the assets reached Binance service wallets, while experts in Korea are now calling for faster, coordinated global freeze mechanisms and Upbit has raised its customer cold storage ratio to 99% following the roughly 44.5 billion won theft.

Ethereum is trading above $3,200 and the 100-hourly Simple Moving Average after rebounding from support around $3,150. The price faces multiple resistance levels near $3,320, $3,350 and $3,400, with a move above $3,350 potentially opening the way toward $3,450–$3,500 or, if rejected, a decline back toward $3,040–$3,000.

On Friday, Bitcoin and Ethereum moved within a tight band as derivatives metrics pointed to rising leverage. According to CoinGecko, BTC hovered near $93,000 (+0.4%) with spot volume above $52Bn, while ETH traded around $3,250 after roughly a 3% rise; DeFiLlama and CoinGlass showed increasing perpetual activity and Binance futures open interest near $10.80Bn.

Following the latest FOMC meeting, where the Federal Reserve cut rates by 25 basis points, Ethereum slipped toward $3,160–$3,196 and market sentiment turned cautious. A well-known Bitcoin OG expanded a leveraged long to 120,094 ETH worth about $392.5 million, with liquidation set at $2,234.69, according to Lookonchain. With ETH still below major moving averages near $3,300, the position faces rising risk if volatility spikes or support around $3,050–$3,100 is revisited.

At the Solana Breakpoint Conference, Bitwise Co-founder Matt Hougan said Solana’s application stack drives node performance to its ceiling. He warned that the rise of staking via ETFs or trusts must be managed to avoid destabilizing the ecosystem. On December 11, 2025, SOL was $136.34 with a $76.60 billion market cap and about $5.64 billion in 24-hour volume.