Circle rises 9.7%, a new address front-runs with a million-dollar position before the market opens, capturing the entire gain

MarsBitNews · 2026-03-10T02:54:02+00:00

Circle's stock price rose on March 10, reaching a high of $112.50 intraday, and closed at $111.80, up 9.7%. As a result, CRCL's price temporarily surged above $115, with a 24-hour increase of 18%. The new entry address opened long positions with 2x leverage, resulting in significant profits.

MarsBitNews

2026-03-10 02:54:02

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Mars Finance News: On March 10th, according to Hyperinsight monitoring, Circle’s stock price surged again during the trading session, reaching a high of $112.50 and closing at $111.80, a daily increase of 9.7%. Driven by this, the CRCL (Circle mapping contract) price on the Hyperliquid platform once exceeded $115, now trading at $114.20, with a 24-hour increase of 18%, and a positive premium of 2.15% over the spot market.

The key player capturing this round of market movement is a newly entered address (0xcee). Yesterday at 4:00 PM (before the US stock market opened), it opened a long position on CRCL with 2x leverage, with a position size of $1.01 million, at an average entry price of $100.40. As of now, this position has a floating profit of $120,000, with a return of 21%.

It is reported that this address first deposited $448,000 into Hyperliquid at 3:29 PM yesterday, marking its first transaction on the platform. From entry to opening the long position, only half an hour passed, and it subsequently captured the entire increase of Circle from pre-market to close. Currently, this position remains open.

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