Gate News report: On March 24th, according to on-chain analyst Ai Yi's monitoring, a certain address is holding a 40x leverage short position of 650 BTC worth $46.09 million. The order opened at a price of $70,520 and is currently showing an unrealized loss of $246,000. If the price rises to $71,711, it will trigger liquidation. The address has set take-profit and stop-loss orders, with stop-loss beginning above $71,300 and gradual take-profit starting at $69,500.

Ethereum price has retreated from its March high to $2,135, with diverging bullish and bearish forces in the market. Whales reducing positions at higher levels has driven the price pullback, but exchange outflows indicate new buying interest entering the market. Key support is at $2,027, and a breakdown could lead to further exploration of $1,928. Market direction depends on the battle between whales and buying pressure.

According to HyperInsight monitoring, on March 21st, a long-term BTC short seller whale canceled a $50,525 limit buy order set on the Hyperliquid platform, while retaining an order to buy 50 BTC at $53,525. This whale had previously shorted 499.91 BTC with 20x leverage, accumulating profits of $61.34 million.

Gate News bot message, whale tummy.hl (@tummyy1) who previously placed TWAP orders to sell $HYPE worth $20M has closed the TWAP order and is now opening a $HYPE long position with 3x leverage. The position consists of 135,065.05 $HYPE valued at $5.33M. An active TWAP order remains in place to furth

March 20 Update: Monitoring shows that a whale opened a position with 40x leverage when Bitcoin briefly dipped below $69,000, rapidly accumulating a position worth $2.89 million at an average price of $68,896. The position currently shows unrealized gains of approximately $66,000, representing a return rate of 89%. The whale has set a stop-loss order and plans to close the position at breakeven at $69,000.

The U.S. Ninth Circuit Court of Appeals rejected Kalshi's emergency motion, allowing Nevada to continue enforcing a temporary restraining order against its sports event contracts business. Kalshi is prohibited from operating for the next 14 days. This incident may trigger jurisdictional disputes between federal and state law and impact the development of prediction markets.

Figure co-founder Mike Cagney announced the launch of the Figure Forge service, which aims to turn blockchain-native loans and other RWAs into participation tokens. The service will be used in the Democratized Prime DeFi market and will offer additional yields through the Hastra protocol, with the liquidity limit order book funded by Figure.

Gate News reports that on March 20th, the official interface displayed that Polymarket's prediction function in certain sections appears to be down, with order books showing discrepancies from actual conditions. Trading, prices, positions, and balances may experience delays. Users are advised to trade with caution.

JPMorgan report indicates that decentralized exchange Hyperliquid is attracting an increasing number of non-crypto traders, particularly when Middle East tensions escalated, crude oil trading volume surged significantly, becoming the third-largest trading product, reflecting rising market demand for 24/7 trading of traditional assets. Hyperliquid employs an on-chain order book model, providing a more precise trading experience.

2026-03-18 11:15 to 11:30 (UTC), BTC recorded a -0.48% return within 15 minutes, with a price range of 73570.9 to 74008.0 USDT, and amplitude reaching 0.59%. The market exhibited increased volatility characteristics during this period, drawing investor attention to the causes of short-term movements. The main driving force behind this movement is the release of short-term selling pressure and changes in liquidity. If large-scale BTC transfers occur on-chain, and spot and futures trading volumes surge, it may trigger short-term market selling, especially in the context of sell-side dominance and weakened order book liquidity.