Emily Vuong

🧧Guidelines for automatic transaction refunds - lifetime for traders or trading on #Binance:

💵Don't underestimate small money, high-frequency trading can even result in refunds that exceed the initial capital many times over.

1/ Register through the link: Binance.com

2/ The words 'Link' will appear with your referral, just click ok to complete.

3/ When the link is successfully established, the words 'retrieve' will appear as shown in the successful image.

👉When trading, you will get cash back to your spot wallet and future wallet.

If successful, you can send the last 3 digits of your ID for me to check again.

$LIGHT is rising sharply, where does this come from?
🔸 Who is holding?
- The top 100 wallets hold about 13.2% of the supply -> quite evenly distributed
- New wallets only account for ~2.3% -> not a massive FOMO from latecomers
- The scale of participation from the majority is not too small, indicating retail involvement.
🔸 Moves from top holders?
- The Token Vesting Plans cluster holds ~82.9% (locked/vesting wallets)
- SafeProxy & Binance Smart Accounts mainly shift internally, not direct sell-offs
- No significant sell-off recorded from the main controlled wallets
🔸 How is the cash flow?
- Cash flow from large trader groups net inflow ~+$3.55M (7D)
- Top 100 traders: money in > money out
- Fresh wallets recorded ~+$11.57M -> indicating a group of new wallets is continuously accumulating tokens over the past 7 days.
🔸 Who is still holding, who has sold?
- About ~80% of top PnL wallets are still holding
- Some traders have taken short-term profits, but they do not make up the majority
- The holding force comes from early buyers + large wallets, not thin retail
🔸 Are there signs of quiet sell-off?
- No observed satellite wallets selling evenly day by day
- Net flow to exchanges is not positive for a prolonged period
- Token movement mainly around vesting wallets/intermediary wallets, not yet sold to the market
→ There is no evidence of a quiet sell-off; I will update further if there is any new information. If there are other coins to check, please comment below.

Be careful with $FOLKS
🔸 Who is holding?
- Top 100 wallets hold ~92.6% of the supply
- One SafeProxy wallet holds ~82% -> extremely centralized control
- A new wallet holds ~4.2% -> very limited distribution outside
- On average, each wallet holds $32.5 $FOLKS -> retail bottom fishing like a drop in the ocean
🔸 Movements from top holders?
- SafeProxy wallet does not directly dump, the balance remains almost unchanged
- However, in 7–30 days, there are token outflows from intermediary wallets / liquidity pools
-> Project dumping stealthily
🔸 How is the cash flow?
- Tokens deposited on exchanges dropped significantly (~-22%)
- But the price still plunged after the peak
- New wallets recorded net inflow ~$5.47M, mainly during the price increase phase
- Old Binance hot wallets
🔸 Who is still holding, who has sold?
- Sniper group:
+ ~48% have sold out
+ ~46% have transferred tokens out
- Profitable trader group:
+ Most have taken profits
+ The retention rate is very low
-> The main selling pressure comes from early buyers, not retail panic.
🔸 Are there signs of stealth dumping?
No significant dumping from the main wallet, but tokens are fragmented through the pool, intermediary wallets are continuously selling over time, not creating large spikes
-> $FOLKS supply is extremely centralized, price surged strongly thanks to thin liquidity and then gradually dumped through intermediaries. Has passed the peak and will not return, everyone should avoid this type of token. Need to track more coins, please comment below everyone.

$NIGHT after the recent increase, what is on-chain saying?
🔸 Who is holding?
- The top 100 wallets are holding about 40.5% of the supply
- New wallets are holding about 37% -> wider distribution of $AIA, less concentration
- The median wallet holds ~$55 -> higher participation level of retail
🔸 Movements from top holders?
- No significant sell-off recorded from top holder wallets
- The largest wallet (Binance Smart Account) still holds the majority of the tokens
- Some large wallets have shifted tokens, but there is no clear selling pressure
🔸 How is the cash flow?
- Negative inflow to exchanges (~-$175K) -> more tokens withdrawn from exchanges than deposited
- New wallets recorded a net inflow of ~$3.46M -> new money is still coming in
- No spikes in sell-offs over many consecutive days
🔸 Who is still holding, who has sold?
- Most of the top traders with profits have sold
- Only about ~20% of high PnL wallets are still holding tokens
- The remaining holders are mainly large wallets and early buyers
🔸 Are there signs of silent sell-offs?
- No signs of satellite wallets selling regularly by day
- Net flow to exchanges has not been positive for a prolonged period
-> No evidence that the project is silently selling through smaller wallets.
🔸$NIGHT currently new money is still coming in and large wallets have not sold. However, short-term traders have sold quite a bit
If you want to track any coin, please comment below.
#night #binacnealpha

$AIA What happens after changing the contract, will the price still increase?

The asset $AIA has previously harmed many traders, what is the situation now?
This asset has changed the contract, so I will only consider from the time it was relisted on Binance Alpha on December 15.

🔸 Who is holding?
- Top 100 wallets hold about 88% of the supply
- One wallet holds nearly 80% -> centralized control
- New wallets account for over 86% -> mainly latecomers

🔸 Movements from top holders?
- No significant sell-off seen from top holder wallets
- No large amounts of coins being pushed onto the exchange
- Current selling mainly comes from short-term traders or small stop-loss orders.

🔸 How is the cash flow?
- Token listed has seen a slight increase, not enough to exert strong pressure on the price.
- No large amounts of money coming in to accumulate after the contract change
- New wallets are increasing quickly but the holding value is small

🔸 Who is still holding, who has sold?
- Most wallets that are in profit have cashed out
- Only about 1/3 of profitable wallets are still holding
- Those holding large amounts are late buyers with high average costs

-> Centralized supply, weak new money -> price easily moves sideways low, waiting for decisions from large wallets. I think there is no reason to buy at this time, there are many more potential coins. If you need to track any coins, please comment below.

Bitmine has completed approximately 66% of the goal of holding 5% of the supply of $ETH.

remarkably consistent shakeout algo

$BTC

📍 US CPI for November is much lower than expected

📌 CPI #headline +2.7% YoY (forecast +3.1% YoY) and +3.0% MoM.
📌 Core CPI +2.6% YoY (forecast +3.0% YoY).

📌 The most notable point comes from services in Core CPI, which sharply declined, pulling CPI down. Food prices cooled off, and housing services are the strongest factor dragging CPI down:
- Housing services: +2.96% YoY, sharply down from +3.6% YoY in September
- Rent: +0.44% MoM, +3.40% YoY (lowest since 12/2021)
- Housing costs: +0.28% MoM, +3.58% YoY (lowest since 10/2021)

📌 However, the CPI data for October-November has many gaps:
- The official report from BLS lacks data for October-November in many categories
- Housing services inflation in October is recorded at = 0%, a significant discrepancy compared to open data sources and forecasts from third parties.

📌 Truflation (real-time inflation index) records:
- 2.7% YoY on 12/13
- 2.52% YoY currently
-> A quite suspicious deviation between real-time data and official #CPI.

📌 CPI for November fell deeper than market expectations, but most of the decline comes from assumptions and missing data, especially in the housing services group, raising a question mark about the reliability of the data. Will the #Trump administration intervene in CPI to push #Fed to lower interest rates?

📍 Binance rewards up to $5M to eliminate "fake token listing" schemes
📌 Binance announces a reward program of up to $5M for individuals or organizations providing verified information about entities impersonating intermediaries, brokers listing tokens to defraud project teams.
📌 The exchange asserts that there is no third party that can intervene or guarantee listings. All projects are only considered through Binance's official channel.
📌 Binance has stated that it has blacklisted some individuals and organizations found to be impersonating internal access, charging fees for "listing runs" or promising spots on the exchange.
📌 The listing process clarified by Binance includes:
- Binance Alpha: introducing projects in the early stage
- Futures: evaluating projects for liquidity and market demand
- Spot: listing for immediate trading through the official process
→ The entire process does not charge fees.
📌 This move aims to tighten transparency, protect projects and investors, and eliminate profit-seeking activities surrounding the "internal listing" narrative.

📍 World Liberty Financial proposes to use 5% of the WLFI treasury to promote the USD1 stablecoin $WLFI

📌 World Liberty Financial (WLFI) has submitted a governance proposal to use 5% of WLFI tokens in the treasury as an incentive to expand the USD1 stablecoin ecosystem.

📌 The main goal is to increase the acceptance and liquidity of USD1, through partnerships with CeFi – DeFi partners, integration into trading, payment, and yield products.

📌 This WLFI portion will be allocated to strategic partners, liquidity programs, and programs to promote use cases for USD1.

📌 According to current data, USD1 has a market capitalization of approximately $2.7B, placing it among the largest USD-pegged stablecoins in the market.

📌 The proposal is currently being put to a community vote, with some concerns about the early use of the treasury when the utility of WLFI has not yet been clearly proven.

📍 Hyperliquid proposes to "burn" 37.1 million HYPE (~$1B) from the supply

📌 Hyper Foundation has made a proposal for validators to vote to recognize 37.1 million HYPE in the Assistance Fund as burned, since this number of tokens is held at an address without a private key and cannot be accessed.

📌 If approved, the total supply of HYPE will decrease by approximately 3.7%, and the tokens will be removed from both circulating supply and total supply.

📌 Technically, this is not a burn on-chain, but an adjustment to how supply data is recorded, accurately reflecting the state of "permanently unusable."

📌 The Assistance Fund was previously viewed as a contingency fund for the system. Recognizing this number of tokens as burned means that the reserve fund will no longer be included in the supply structure.

📌 The final decision depends on the upcoming vote of the Hyperliquid validators.

Long-term holders $BTC C continue to distribute and are intensifying sales with a stable supply flowing into the market.

🔸Market reaction: The labor market is weak but not to the extent that the #Fed must urgently cut interest rates.
-> The rate cut for January is still below 25%. #USJob #USNonFarmPayrollReport

📍 The number of Americans needing to work more than one job has reached a historic high

📌 The actual unemployment rate is 4.564% (higher than the forecast of 4.40%, up from last month’s 4.44%, and the highest since 09/2021.
The direct cause is government jobs being affected in October.
📌 Sahm Rule has risen to 0.43 (close to 0.5)
The Sahm Rule has not yet indicated a recession, but it has entered a territory where history rarely turns back.
Powell once said that an increase in unemployment of ~0.2% from a base of 4.4% would trigger strong recession risks.
-> The FED cannot pretend not to see.
📌 The labor force participation rate has increased to 62.5%. The labor structure has evidently worsened:
- Native labor increased by +114K, a sharp decrease from +676K in September.
- Immigrant labor decreased by -58K.
-> Trump’s immigration policy has significantly reduced immigrant labor.
📌 Multiple jobholders are booming.
- In just 2 months: +500K people have to work more than one job.
- Total: 9.301 million people - the highest in history.
-> Americans are having to do more jobs (mostly part-time due to the massive layoff wave).
📌 Long-term unemployment (>6 months) has risen to 24.3%.
🔸The shock from government job cuts has nearly fully reflected. The ball is now in the private sector's court. If the private sector cannot absorb the new labor force, the Fed will have to be more cautious about the interest rate pace next year.

📍 The US NFP for November is quite bad
🔸November payrolls increased by +64K, higher than the forecast of +50K.
🔸The adjusted figures are causing unease in the market:
- October adjusted down by -105K.
- September was also lowered from +119K to +108K.
-> This means actual job growth is much weaker than the headline.
🔸The reason comes from government jobs
- October: -157K government jobs.
- November continues with -5K.
-> Federal jobs have fallen to their lowest level since 2014.
🔸The private sector has shown improvement, but not significant
- Private payrolls rebounded during the October-November period, and if viewed broadly from August to November, they remain the main support.
-> The private sector is only taking on the jobs withdrawn from the public sector (those leaving government will move to private work), not creating new hiring volumes.
🔸The job structure has also deteriorated significantly
- Full-time jobs decreased sharply by -983K (the lowest for the entire year of 2025).
- Part-time jobs increased by +1,025K
- Hours worked slightly nudged up from 34.2 to 34.3.
-> Companies are shifting to part-time hiring instead of full-time, Americans are having to work overtime.
It's not too surprising, given Powell's optimism since late 2024 until he had to admit that the labor market is "very concerning" in the recent FOMC, which also indicates that the labor market is unlikely to sustain, let alone strongly increase, in the coming month.

📍 RedotPay raises $107M Series B to expand stablecoin payment infrastructure

RedotPay completes Series B $107M, led by Goodwater Capital, with participation from Pantera, Blockchain Capital, Circle Ventures. This funding does not go into the narrative. It goes into the actual running payment infrastructure.

📌 Over 6 million users, present in 100+ markets, $10B+ volume/year, revenue >$150M. The problem is no longer product-market fit, but rather expanding the rails.

📌 RedotPay focuses on cross-border payments, stablecoin spending cards, international payment rails with predictable costs. Stablecoins are used to shorten settlement times and compress intermediaries.

📌 RedotPay is stepping out of the shadow of crypto-native payments, entering the mainstream fintech payment space – where speed, reliability, and network are more important than tokenomics.

📍 PancakeSwap launches the Probable prediction market on BNB Chain
PancakeSwap introduces Probable – an on-chain prediction market running on BNB Chain, incubated with YZi Labs. The product operates independently of DEX, not as a supplementary module.
📌 Zero-fee initial phase, maximizing friction reduction and UMA Optimistic Oracle
- Users can deposit any token, and the system automatically converts it to USDT to participate. No manual swapping is required. The clear goal: to drive volume and behavior first.
- Settlement is based on an oracle, minimizing disputes and manipulation. This is a mandatory infrastructure layer if we want to scale the prediction market significantly.
📌 PancakeSwap steps out of the shadow of being just an AMM Dex
AMM has become saturated. The prediction market adds liquidity linked to information and probabilities, keeping users within the ecosystem rather than flowing to Polymarket/Kalshi.
📌 BNB Chain is the institutional choice
Prediction markets will inevitably face legal challenges. Operating within Binance's sphere of influence helps mitigate risks and optimize user distribution. Moreover, this is a step to expand PancakeSwap's financial surface area in a phase where AMM is no longer the main growth story. $CAKE

📍 SEC closes investigation into Aave after 4 years. No ruling. No enforcement.

The SEC has officially closed its investigation into Aave, which lasted nearly 4 years, without taking any enforcement action.

No penalties. No agreements. No conclusion that Aave is a security.

📌 This is an important signal for DeFi lending as Aave is the core lending protocol of DeFi. If the SEC does not dare to take action against Aave, the legal risk ceiling for the major lending protocol group is significantly lowered.

📌 The implicit message from Washington: It's easier to target CEX, brokers, and stablecoins.
Pure code DeFi, no intermediaries, no custodians -> difficult to target, labor-intensive, risk of losing lawsuits.

$AAVE

📍 Bhutan uses 10,000 BTC to build a new administrative special zone.

Bhutan introduces 10,000 BTC into the development strategy of Gelephu Mindfulness City (GMC) – an administrative – economic special zone with legal and financial autonomy.

📌 Bitcoin is considered a national reserve.
This amount of BTC comes from hydropower mining, which has low costs and is controlled by the state.
Not sold on the market, not dependent on USD inflow.

📌 GMC is an institutional sandbox.
Goal: attract fintech, blockchain, green technology, luxury tourism.
Bitcoin plays the role of a foundational asset that creates trust for the special zone.

📌 BTC is listed on the national balance sheet.
Participating in treasury management, preserving long-term value, funding infrastructure and employment.
From speculative assets -> national strategic assets.
$BTC

📍 YouTube starts paying creators with stablecoin
📌 YouTube begins to enter the crypto story in a very safe way: Using PayPal as an intermediary, using PYUSD as a new payment layer for creators in the US. Technically, this is just an additional payout option. But structurally, this is a significant shift.
📌 YouTube does not change its business model, but changes the monetary infrastructure behind it.
Creators still earn money from ads, memberships, and content. But money no longer has to go through banks. It can go directly into a form of on-chain USD.
📌 PayPal is stepping into the role of the "new intermediary bank."
PYUSD is backed by deposits and US T-bills. This means: each PYUSD is a piece of indirect demand for US public debt. Stablecoin is no longer a crypto toy - it has become a distribution channel for USD at the global retail level.
📌 Creators benefit from speed and control over their money.
No waiting for bank settlements. Not dependent on working hours. Holding PYUSD, transferring, converting, or putting on-chain is their right. Income is starting to become "programmable".