Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

March 24: Brent crude oil is currently trading at $104.33 per barrel, up 4.02%, per data from Bitget.

On March 24th, LookOnChain data shows a whale wallet at address 0x44a1 has just liquidated 2,250 ETH (valued at $4.81 million), incurring a total loss of $4.07 million (-43%). Eight months ago, the same address purchased 2,500 ETH at an average price of $3,766, with the total investment hitting $9.42 million.

March 24th — TAO has surged past $310, currently trading at $314.4, with a 14.28% 24-hour gain, per HTX data. Yesterday, Jason Calacanis — a renowned U.S. angel investor, podcast host, and veteran Silicon Valley figure — reaffirmed his "TAO > BTC" call on social media. Calacanis, known for early bets on unicorns like Uber, Robinhood, and Calm, founded Stillcore Capital, a fund focused on Bittensor ecosystem subnet projects. He has long been bullish on TAO.

On March 24th, on-chain analyst Auntie Ai (@ai_9684xtpa) shared key updates on a dormant whale address: - **March 19**: The whale (silent for 2 months) recharged 4.1 million USDC to Hyperliquid. - **March 21**: It opened a $26.51 million long position in BRENTOIL at an entry price of $105.8. - **Overnight (March 23)**: Amid market volatility from Trump’s ongoing "TACO" remarks, the position was liquidated at $91.1—resulting in a $3.085 million loss. - **Subsequent**: The whale withdrew the remaining 273,000 USDC from Hyperliquid. Two months prior, the address lost $690,000 trading XMR, pushing total losses to $4.42 million.

As of March 24th, **per HyperInsight monitoring** (link: https://t.me/HyperInsight), a whale address starting with "0xfa5db" was newly created 6 days ago. After depositing roughly $5 million in principal, it has only opened a short position on the on-chain crude oil (xyz:CL) — and now ranks as the **third-largest short holder** of that asset. Key position details: - Valued at ~$9.6 million - Entry price: $95.50 - Liquidation price: $139.844 - Unrealized profit to date: ~$400,000 ### Notes on American language habits: - Used **"per"** (common in financial/tech alerts) instead of a longer phrase for "according to." - Replaced "opening price" with **"entry price"** (standard in trading jargon for U.S. audiences). - Framed "third largest short position" as **"third-largest short holder"** (more natural, as it refers to the address/entity). - Used consistent, casual-but-clear phrasing (e.g., "~" for "approximately," "to date" for current status) common in crypto/fi