CZ: Binance's annual revenue is expected to be around $5 billion, Forbes' estimate of my net worth is way off
On March 11, Changpeng Zhao (CZ), founder of Binance, said in a social media post: “Forbes’ estimate of my net worth is way off. Binance is on track for roughly $5 billion in annual revenue, but they pegged my net worth at $110 billion. I think if I tried to claim a super high net worth, they’d actually rank me lower — or even take me off the list entirely.”
Earlier reports noted that Forbes’ latest billionaire ranking put CZ’s personal net worth at around $110 billion — up $47 billion from last year — landing him at No. 17 on the global billionaire list.
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A certain whale with 30x leverage foresaw a 100-point drop in the Nasdaq, holding a short position of $1.04 million.
March 11 — Per HyperInsight monitoring (via https://t.me/HyperInsight), a whale with the address prefix 0x980 on Hyperliquid opened a short position in XYZ100 (Nasdaq 100 futures) during last night’s U.S. stock market session.
The position uses 30x leverage, with an average entry price of $25,053, a liquidation price of $27,406, and a total size of $1.04 million.
Hyperliquid data shows XYZ100 is currently trading at $24,977, down 0.4% over the past 24 hours. Volatility has eased, with relatively small price swings in the last two days.
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Oracle Surges Over 11% in Pre-market Trading, Early ORCL Bull Trader's Unrealized Gain Reaches 60%
March 11: Per HyperInsight monitoring, Oracle (ORCL) is up 11% in U.S. pre-market trading. On Hyperliquid, ORCL currently trades at $165, with a 24-hour gain of 11.2%.
An early long trader on the platform (address 0x7b5) has a 60% return on their ORCL position. Their 10x leveraged long is now sized at $496,000, with an average entry price of $145.
Additionally, the trader holds 10x leveraged longs on Amazon (AMZN), Circle (CRCL), and Google (GOOGL)—all posting over 20% ROI and doubling their principal in the past month.
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Source: Bank of Japan to keep policy steady in March
On March 11, T. Rowe Price portfolio manager Vincent Chung said in a report that the Bank of Japan (BOJ) is likely to hold interest rates steady in March as it needs time to reassess current geopolitical conditions.
He noted the BOJ may take monetary policy action in April, when spring wage negotiation data becomes available. Recent oil price gains have raised inflation risks, he added, and sustained high oil prices could become a long-term drag on the central bank’s policy.
Chung also pointed out that markets may be concerned about potential yen intervention, but the recent yen depreciation aligns with moves in other major currencies. If the BOJ sends a dovish signal at its March meeting, it could put further downward pressure on the yen, he said.
(Source: FXStreet)
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BTC's largest bear「pension-usdt.eth」 is going long with a $2.5M buy order on crude oil, making its first cross-asset bet on traditional assets
March 11th — Per Hyperinsight monitoring (via Telegram: https://t.me/HyperInsight), the crypto margin trading-focused whale address "pension-usdt.eth" (0x0ddf…) has expanded into traditional assets.
Last night, the address built up long positions in crude oil (CL) near $87. In the past hour alone today, it added 10,000 more CL contracts (≈$830k) at an entry price of $83.5.
With this latest move, its leveraged CL long position totals $2.54 million, with an average entry price of $84.7 and $1,500 in unrealized gains.
Historically, the address has primarily focused on large-scale BTC and ETH trades, and currently holds the largest on-chain BTC short position. This CL long position marks its first foray into real-world asset (RWA) traditional assets.
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Article Title: Institution: Oil Price Will Still Be the Biggest Market Driver, CPI Impact Possibly Limited
March 11th – Pepperstone analyst Michael Brown said in a report Wednesday that oil prices will remain the market’s biggest driver, with their impact outweighing tonight’s U.S. February inflation data release.
Brown noted market participants breathed a sigh of relief after President Trump indicated the conflict would end soon, but emphasized the market will still closely watch for any signs of easing.
While U.S. inflation data is typically a key focus, tonight’s reading may not move markets much—nor does it hold major implications for the Fed’s policy outlook, he said. Amid geopolitical uncertainty, market participants are “not paying much attention to upcoming economic data,” he added.
(Source: FXStreet)
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