The administrator of MOODENG at Khao Kheow Zoo in Thailand said that Ethereum co-founder Vitalik donated 10 million Thai baht (equivalent to 292,230 US dollars) to the zoo and adopted MOODENG and his family for two years. The donation will be made in two installments, the first donation will be completed on December 26, 2024. — link
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Hedge Funds Push Ethereum Shorts To Record High On CME

Hedge funds have pushed short positions on Ethereum futures to an all-time high on the Chicago Mercantile Exchange (CME), signaling bearish sentiment despite positive market trends, according to Beincrypto. This record comes as Ethereum sits above $4,000, with consistent inflows into spot ETFs, which amassed over $2 billion in three weeks, including a record $854 million weekly inflow. Analysts note that while short-term outlook appears cautious, long-term fundamentals remain strong, with Ethereum’s realized price upper band at $5,200 and network activity hitting multi-month highs.

Source: Beincrypto

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