A whale just deposited 6,131 ETH worth $10.94 million into Binance
According to Lookonchain monitoring, a whale has just deposited 6,131 ETH (worth $10.94 million) into Binance.
Financial giant Vanguard Group may soon have indirect exposure to Bitcoin through its GameStop stake, marking an unexpected turn in the company's traditionally cautious approach to cryptocurrencies, according to Bitcoin.com. The development follows a series of moves by GameStop, of which Vanguard Group is one of the largest shareholders. Vanguard is currently the largest institutional shareholder of GameStop. The shareholding relationship has attracted widespread attention after GameStop announced its shift to a Bitcoin strategy. On March 26, Ryan Rasmussen, head of research at asset management firm Bitwise, posted on social media platform X: "Vanguard bought Bitcoin through GameStop, which is incredible." The comment highlights the peculiarity of the event, as Vanguard has long avoided direct involvement in crypto assets. Rasmussen's comments were in response to Bitwise Chief Investment Officer Matt Hougan, who pointed out that Vanguard is GameStop's largest shareholder. Vanguard's indirect involvement in Bitcoin through GameStop is in stark contrast to its usual digital asset stance. Although asset management companies such as BlackRock and Fidelity have embraced cryptocurrencies by launching Bitcoin and Ethereum spot ETFs, Vanguard has chosen to stay out of it. In December 2024, Vanguard reiterated its anti-Bitcoin stance, saying that digital assets are speculative and lack intrinsic value.
According to the monitoring of the on-chain analyst Ember, the price of ETH fell several times last night and fell below the liquidation price of two whales on the verge of liquidation. But it quickly pulled back and did not actually fall below. After the oracle price was updated, it was not lower than the liquidation price, so no liquidation occurred. "The whale with 64,800 ETH on the verge of liquidation" did not make any operation to lower the liquidation price even after it fell to his liquidation price several times. His current liquidation price is $1,788, and the price of ETH is only a dozen dollars at his liquidation price, which is extremely dangerous; "The whale with 60,800 ETH on the verge of liquidation" added 2,600 ETH collateral and repaid 320,000 DAI last night, reducing the current liquidation price of the loan position of 63,400 ETH to the current $1,701. Temporarily out of the "ICU".
Goldman Sachs raises its forecasts for U.S. recession and tariff rates
According to Jinshi, Goldman Sachs significantly raised its expectations for US tariffs in 2025 in a research report early this morning, warning that escalating trade tensions may seriously affect economic growth, inflation and employment. The bank currently expects the average US tariff rate to rise by 15 percentage points in 2025, higher than the previous baseline of 10 percentage points. The main reason for the increase is that the comprehensive "reciprocal tariffs" announced by Trump on April 2 are expected to impose an average tariff of 15% on all US trading partners, and the average actual impact of tariffs is expected to increase by 9 percentage points. Goldman Sachs raised its US core PCE inflation forecast by the end of 2025 by 0.5 percentage points to 3.5%, citing the impact of rising import costs on inflation. GDP growth is expected to slow to 1.0% in the fourth quarter, down 0.5 percentage points from previous expectations, and the unemployment rate is expected to climb to 4.5% by the end of the year. Goldman Sachs raised the probability of a recession in the United States within 12 months to 35%, citing weak consumer and business sentiment and signs that policymakers may be more willing to accept the pain of the recent economy in pursuit of broader policy goals. As real income growth has slowed, the economy may be entering a more fragile phase, with sentiment and policy risks acting as a bigger drag on the economy than in recent years. In addition, Goldman Sachs said it now expects the Federal Reserve to cut interest rates in July, September and November.
Strategy transferred 7383.25 BTC to three new addresses
According to OnChain Lens, Strategy (formerly MicroStrategy) transferred 7,383.25 BTC to three new addresses, worth US$612.92 million.
Uniswap’s ranking in the U.S. App Store’s financial category has dropped significantly recently
According to The Block, Uniswap's ranking in the financial category of the US App Store has recently declined significantly, plummeting from 99th two months ago to 364th. For most of 2024, Uniswap has been ranked around 190th in the financial category of the US App Store. After Trump won the US election, its ranking jumped to 110th, and then during Trump's inauguration in January, Uniswap's App Store ranking soared again, reaching a high of 99th. However, since the brief surge, Uniswap's ranking in the App Store has dropped sharply, even lower than the level of the whole year of 2023. This phenomenon indicates that Uniswap's surge in the App Store rankings has been driven by election hype. This situation is further supported by recent Uniswap basic indicators. Since the beginning of 2025, the number of Uniswap traders on the Ethereum network has fallen by more than 45%, hitting the lowest level since July 2023. In addition, from December 2024 to January 2025, Uniswap's monthly trading volume also fell by 10%, and then fell by 22% month-on-month the following month.
RWA project ZOTH released an update on the hacking incident on the X platform, disclosing that there has been no major change in the flow of funds, but tracking and investigation are still actively ongoing, with the focus on: 1. Real-time monitoring of the wallets involved; 2. Working with the on-chain analysis team to map the attacker's digital footprint; 3. Coordinating the next steps with law enforcement and legal counsel. ZOTH promises to share full details after the investigation is completed, and will continue to move forward in a cautious, prudent and fully transparent manner, and will soon share a detailed post-event report and a clear plan.
According to @ai_9684xtpa, the net positions of two Maker whales with a total of $84.4 million are at risk of liquidation. However, when ETH fell to $1,786, the positions of the Maker whales were not liquidated because MakerDAO uses the Oracle Security Module (OSM). Even if the market price falls below these liquidation points, its actual system price is still delayed in updating. The system collects data from multiple authorized price feeders, calculates the median as a reference price through the Medianizer contract, and delays it for about 1 hour before applying it to prevent short-term fluctuations from being exploited. The current system price of MakerDAO is $1,831.25, which is still a certain distance away from the liquidation price of the two addresses.
ETH "needle" caused two whales to face liquidation of up to $84.4 million in net positions
According to @ai_9684xtpa's monitoring, ETH "stabbed" two whales with a net position of up to 84.4 million US dollars facing liquidation: 1. Address 0xab7...e2313 pledged 64792 WETH to borrow 68.09 million DAI, with a health level of 1.02 and a liquidation price of 1,786.65 US dollars; 2. Address 0x6bb...830b3 pledged 608104792 WETH to borrow 74.73 million DAI, with a health level of 1.03 and a liquidation price of 1,781.99 US dollars.
According to Token Unlocks data, SUI, W, ENA and other tokens will be unlocked in large amounts next week, including: Sui (SUI) will unlock about 64.19 million tokens at 8:00 am Beijing time on April 1, accounting for 2.03% of the current circulation and worth about 152 million US dollars; Wormhole (W) will unlock about 1.39 billion tokens at 7:30 pm Beijing time on April 3, accounting for 47.4% of the current circulation and worth about 117 million US dollars; Ethena (ENA) will unlock about 40.63 million tokens at 3:00 pm Beijing time on April 2, accounting for 0.77% of the current circulation and worth about 15 million US dollars; Optimism (OP) will unlock about 31.34 million tokens at 8:00 am Beijing time on March 31, accounting for 1.93% of the current circulation and worth about 23.8 million US dollars; Time (BIGTIME) will unlock approximately 333 million tokens at 8:00 a.m. Beijing time on April 3, accounting for 18.44% of the current circulation and worth approximately US$16.7 million; ZetaChain (ZETA) will unlock approximately 44.26 million tokens at 8:00 a.m. Beijing time on April 1, accounting for 6.05% of the current circulation and worth approximately US$13.2 million; dydx (DYDX) will unlock approximately 8.33 million tokens at 8:00 a.m. Beijing time on April 1, accounting for 1.09% of the current circulation and worth approximately US$5.4 million.
Movement Labs deposits 17.15 million MOVE tokens with Coinbase, worth $7.74 million
According to OnChain Lens, Movement Labs deposited 17.15 million MOVEs worth $7.74 million into Coinbase. In the past two days, Movement Labs has transferred 24.15 million MOVEs worth $11.03 million to the exchange.
According to Jinshi, Japan's Financial Services Agency (FSA) is considering regulating internal transactions of encrypted digital currency assets. Japanese regulators are considering classifying crypto assets as financial instruments under Japanese law. It is expected that the Japanese FSA will submit a draft bill to the parliament to revise the Financial Transactions Act as early as next year. The Japanese FSA hopes that they can prevent unfair trading practices when trading crypto assets for investment purposes. It is expected that a financial committee (under the Japanese FSA) will begin discussing more details of the aforementioned draft amendment from the summer of 2025.
According to Cointelegraph, ETH has fallen by more than 8% in the past seven days and is now down nearly 55% from its high of $4,000 in December 2024. However, the recent video of Ethereum co-founder Vitalik Buterin "meowing" to a robot that has been circulating on social media seems to have caused dissatisfaction in the crypto community. Many industry insiders have posted articles accusing Vitalik Buterin, such as: Cork Protocol co-founder Phil Fogel posted on the X platform that "my professional salary and net worth are largely in the hands of this meowing person"; crypto KOL Wendy O posted that "the future of Ethereum is in the hands of this meowing person"; crypto trader Scott Crypto Warrior said more fiercely, "Pray for ETH, Vitalik, what are you doing? Stop looking for rims for robots, cheer for ETH." So far, Vitalik Buterin himself has not responded to this video on social media.
According to SlowMist monitoring, the DeFi protocol SIR.trading was suspected to have been hacked, with an estimated loss of US$350,000.
A whale who once lost $15.72 million in TRUMP trading bought more than 333,000 TRUMPs again
According to Onchain Lens monitoring, after a whale lost $15.72 million in the previous TRUMP transaction, it spent another 3.41 million USDC to buy 333,664 TRUMPs at $10.22.
According to on-chain analyst @ai_9684xtpa, as the market fell further, the 10x PEPE long order opened by the whale 0x507...BeDb6 on Hyperliquid has now suffered a floating loss of $3.238 million. The whale started to go long during the rebound on March 24 and currently holds a PEPE long position of $27.53 million, with an opening price of $0.00814 and a liquidation price of $0.005219 (with 1,000 PEPE as the price unit). In the past 21 hours, the whale has added 3.818 million USDC margin to Hyperliquid to avoid liquidation.
According to South Korean media SBS, as of the end of February this year, the total number of users of South Korean virtual asset exchanges has exceeded 16 million, reaching 16.29 million, accounting for about 32% of the country's total population (about 51.68 million people). With last year's US presidential election as a turning point, the number of new investors has steadily increased by hundreds of thousands every month, and has now exceeded the number of stock investors (about 14.1 million). This data is the sum of account holders of South Korea's five major exchanges: Upbit, Bithumb, Coinone, Korbit, and Gopax. If the same person opens an account in multiple exchanges, it will be counted repeatedly. As the number of investors continues to increase at a rate of hundreds of thousands, some market participants predict that the number of investors will soon reach 20 million. As of the end of February this year, the number of account investors on Upbit, South Korea's largest exchange, was 9.82 million. As of the end of March, this number is expected to be close to 10 million. After Upbit, the largest number of users are Coinone (3.2 million), Bithumb (2.36 million), Korbit (770,000) and Gopax (150,000). In the past year, the number of Bithumb users increased from 1.33 million to 2.36 million, an increase of 77.4%, far exceeding Gopax (52.4%), Korbit (10.9%), Upbit (14.2%), Coinone (8.6%), etc.
According to Crypto.news, CryptoSlam data showed that NFT transaction volume rebounded 4.5% to $102.8 million this week from last week. The number of NFT buyers increased by 28.9% to 451,436, and the number of NFT sellers increased by 26.5% to 285,272. However, the number of NFT transactions fell by 2.8% to 1,614,680. The Ethereum network transaction volume reached $32 million, an increase of 19.4% from last week; the Polygon network transaction volume was $18.1 million, an increase of 33.1%; the Solana network transaction volume fell by 4.4% to $8.7 million. Among them, the transaction volume of the CryptoPunks series soared 141.4% to $6.3 million. High-value transactions over the past seven days include: CryptoPunks #6935 sold for 135 ETH ($271,890) CryptoPunks #3007 sold for 120 ETH ($239,342) CryptoPunks #2301 sold for 115 ETH ($234,959) Autoglyphs #364 sold for 105 ETH ($210,172)
According to on-chain analyst Ember, a "whale with 60,800 ETH on the verge of liquidation" sold some altcoins in the address 5 hours ago in exchange for 980,000 DAI to repay the loan, reducing the liquidation price from $1,805 to $1,781. Currently, the liquidation prices of the two whale addresses on the verge of liquidation are $1,786 and $1,781 respectively.
Bloomberg: FTX will begin paying bankruptcy claims from major creditors on May 30
Former cryptocurrency company FTX will begin paying its major creditors in late May, using $11.4 billion in cash reserves the company has gathered since shutting down, according to Bloomberg. Bankruptcy attorney Andrew Dietderich told the judge who recently took over the management of the Chapter 11 case that while secondary creditors holding what are classified as “convenience claims” have already begun to receive payments, the company will make its first payment to the major creditor group on May 30. The company’s major creditors include investors owed millions of dollars and institutions that own cryptocurrencies on the FTX platform.
According to The Block, after the US election on November 5, the daily trading volume of cryptocurrencies soared to $126 billion amid high market enthusiasm and active speculation. It has now dropped to $35 billion, down about 70% from its peak and back to pre-election levels. Recent tariff announcements against major US trading partners have brought uncertainty, weakening trading enthusiasm in both traditional and cryptocurrency markets. In addition, trading volume has maintained a historical correlation with total market capitalization, with similar trends in recent months. The total market capitalization of cryptocurrencies reached about $3.9 trillion at its peak, and then fell back to the current level of about $2.9 trillion, a drop of 25%. Shrinking trading volume may indicate a variety of potential changes in the market in the coming months. Historically, long-term declines in trading volume have often preceded major market fluctuations, as reduced liquidity can amplify price impacts when large players begin to reconfigure. Market participants may be waiting for the Trump administration's comprehensive approach to cryptocurrency regulation to become clearer before participating more actively. Reduced trading activity and relatively stable market capitalization indicate that an accumulation phase may be underway, with investors focusing more on positioning than active trading. Upcoming regulatory announcements, particularly regarding the classification and regulatory structure of cryptocurrencies, could serve as a potential catalyst to reignite trading activity.
Prediction Market Kalshi Sues Nevada and New Jersey Gaming Commissions After Received Injunctions
According to The Block, prediction market Kalshi sued Nevada and New Jersey gaming regulators after receiving a cease and desist order prohibiting it from offering sports-related contracts in Nevada and New Jersey. It said that as an exchange regulated by the Commodity Futures Trading Commission, it is exclusively regulated by the federal government, and the Commodity Exchange Act takes precedence over state law. On March 4, the Nevada Gaming Control Board (GCB) sent a letter to Kalshi asking it to stop offering event-based contracts in the state. “Kalshi is in the business of offering event-based contracts that constitute a system or method for placing bets on sporting and other events,” the letter reads. “Accordingly, by offering event-based contracts in Nevada, Kalshi is operating as an unlicensed sports betting organization in violation of NRS 463.160(1)(a) and NRS 463.245(2).” On March 27, Kalshi received a similar notice from the New Jersey Division of Gaming Enforcement (DGE) requiring the marketplace to cease offering sports-related contracts. Kalshi’s actions, the letter reads, “are in violation of the New Jersey Sports Betting Act, which only permits licensed entities to offer sports betting to patrons located in New Jersey.” At the heart of the dispute is whether trading in event- or sports-based contracts constitutes gambling, which is subject to state control, or trading in financial derivatives, which is subject to federal regulation only.
PANews reported on March 29 that according to monitoring by The Data Nerd, a whale deposited 2,140 ETH into Binance 11 hours ago. The whale accumulated these ETH at an average price of US$3,331 three months ago, equivalent to approximately US$7.13 million, but has now sold these ETH for 4.06 million USDT, with a loss of up to US$3.08 million and a return rate of -43%.
PANews reported on March 29 that next Wednesday (April 2) is the day for Trump's reciprocal tariff announcement, which is of global concern. Before that, investors are more cautious because it is unclear what specific tariffs Trump will implement. Bank of America foreign exchange analysts Athanasios Vamvakidis and Claudio Piron said in a report that the risks are balanced before the deadline next week. The imposition of tariffs on specific products is already expected by the market. Comprehensive tariffs would be a negative surprise. It is expected that the US dollar will not continue to strengthen in this case. Against the backdrop of high risk aversion in the market, gold has repeatedly set new highs this week, with the historical record rising to $3,086.75 per ounce, setting the 18th record high this year, and the quarterly increase reached 17%, the largest since 1986. The following are the key points that the market will focus on in the new week: Monday 21:45, US Chicago PMI in March Tuesday 21:45, US S&P Global Manufacturing PMI final value in March Wednesday 20:15, US ADP employment in March Thursday 01:00, ECB President Lagarde will deliver a speech Thursday 19:30, ECB will release the minutes of the March monetary policy meeting Thursday 19:30, US Challenger layoffs in March Friday 00:00, Federal Reserve Vice Chairman Jefferson will deliver a speech Friday 20:30, US unemployment rate in March, US non-farm payrolls in March after seasonal adjustment, US average hourly wage annual rate/month rate in March Friday 23:25, Federal Reserve Chairman Powell will deliver a speech
A whale MOVE 4.49 million from Coinbase Prime 5 hours ago
PANews reported on March 29 that according to OnChain Lens monitoring, a whale withdrew 4.49 million MOVE from Coinbase Prime 5 hours ago, worth 2.11 million US dollars. As of now, the whale has accumulated 5.16 million MOVE, worth 2.41 million US dollars.
Gold-backed cryptocurrencies are unaffected by the market drop, with PAXG and XAUT both rising
PANews reported on March 29 that according to CoinDesk, the cryptocurrency market fell today, with liquidations exceeding $300 million in the past 24 hours, and BTC falling to the $82,000 range. However, gold-backed cryptocurrencies are reversing the bearish trend in the market, with PAXG up 0.7% in the past 24 hours and XAUT up about 1%.
A whale who was long 4,159 ETH on leverage has bought it back at $1,875, with a loss of $3,383
PANews reported on March 29 that according to monitoring by @ai_9684xtpa, a whale who had longed 4,159 ETH at an average price of $1,876 17 hours ago bought them all back at $1,875 three hours ago, resulting in a small loss of $3,383.
PANews reported on March 29 that according to @ai_9684xtpa monitoring, the whale who opened a position at the low point of PEPE on the first day of its launch was suspected to have reduced his position by 150 billion PEPE (US$1.14 million) 6 hours ago, with a cost as low as US$0.000000001421, and a total profit of more than US$10.324 million per coin. The smart money spent 1.04 ETH (US$2,186) on April 15, 2023 through two addresses to buy 1.53 trillion tokens. After this sale, he still holds 493.7 billion tokens, with a return rate of 4,721 times.
A whale bought 3,195 ETH 1 hour ago, worth $5.97 million
PANews reported on March 29 that according to Lookonchain monitoring, a whale bought 3,195 ETH worth US$5.97 million an hour ago, with an average price of US$1,868. Since March 26, this whale has purchased 29,341 ETH (US$58.18 million) at an average price of US$1,983.
PANews reported on March 29 that according to @ai_9684xtpa monitoring, the whale 0x2F9...d517E withdrew 6,650 ETH worth $12.5 million from Kraken at an average price of $1,879 twice in the past 16 hours; the most recent position was opened 2 hours ago, and the current floating loss is $180,000.
PANews reported on March 29 that according to monitoring by @ai_9684xtpa, the address associated with the Movement treasury recharged 7 million tokens worth 3.3 million US dollars to Coinbase 4 hours ago. The upper-level address of the recharge address had interacted with Flow Traders, and it is not yet certain whether it belongs to the market maker.
PANews reported on March 29 that according to TheMinerMag, Bitcoin mining company MARA may launch a $2 billion ATM equity issuance plan. The company disclosed in a regulatory filing on Friday that the relevant agreement was signed on March 28 with an investment bank consortium, including Barclays Bank, BMO Capital Markets, BTIG, Cantor Fitzgerald, Guggenheim Securities, HC Wainwright and Mizuho Securities.
Binance Wallet Launches the “Trade on DEX with CEX Funds” Feature
PANews reported on March 29 that according to the official announcement, the Binance Wallet team launched the "Trade in DEX with CEX Funds" feature, through which Binance users can use Binance Exchange (CEX) funds to trade millions of tokens on the chain in Binance Wallet. After this product update, Binance Exchange users can now use their spot or fund account balances to trade directly in the Binance Wallet [Trading] option. Users can purchase decentralized tokens on the four supported chains (Ethereum, Solana, Base, and BNB Smart Chain) by using stablecoins and/or USDC. This feature bridges the gap between centralized and decentralized transactions, providing Binance users with a more seamless way to purchase on-chain tokens.
