A newly created wallet deposited $5.35 million into Hyperliquid and shorted BTC with 20x leverage.

- Fed officials split on December rate cut urgency, with Collins opposing further easing while others cite stagflation risks. - Mixed economic data and 33-day government shutdown delay key metrics, forcing reliance on outdated indicators for policy decisions. - Crypto markets react to Fed uncertainty: Bitcoin dips below $80k amid 70% cut odds, while Ethereum rebounds on institutional buying. - Institutional investors favor liquid Bitcoin ETFs over VC projects, reflecting risk mitigation trends despite $4.6

- Bitcoin fell over 30% from its October peak amid ETF outflows, stablecoin liquidity declines, and leveraged position liquidations, yet retains its status as digital gold. - Institutional buyers like Texas and Hyperscale Data continue accumulating Bitcoin as an inflation hedge, with the latter holding 77% of its market cap in crypto treasuries. - On-chain data shows mid-tier "whales" accumulating during the dip, while macroeconomic shifts and high-yield markets fail to undermine Bitcoin's decentralized re