Announcement: The US Department of Labor will release the March CPI data tonight at 8:30 PM
On April 10, the U.S. Department of Labor will release March U.S. CPI data tonight at 8:30 PM Beijing time. The report includes the unadjusted March CPI year-over-year (YoY), adjusted CPI month-over-month (MoM), adjusted March core CPI MoM, and unadjusted core CPI MoM—this release could spark market volatility.
3 minutes ago
A Whale Makes Big Bet by Shorting Oil, Total Position Reaches $74.66 Million
Per LookOnChain monitoring as of April 10th, whale wallet 0x9D32 is aggressively shorting crude oil, with a total position size of $74.66 million. This includes:
- 39,900 contracts of xyz:CL (≈$37.95 million)
- 39,000 contracts of xyz:BRENTOIL (≈$36.71 million)
Liquidation levels for the positions are set at $141.23 for xyz:CL and $141.60 for xyz:BRENTOIL.
3 minutes ago
Two addresses suspected of belonging to the same entity deposited 18.58 million RAVE to Bitget before the RAVE price spike.
On-chain analyst Ai Auntie (@ai_9684xtpa) noted on April 10th that two addresses suspected of belonging to the same entity deposited 18.58 million RAVE tokens to Bitget 10 hours ago—right around the start of RAVE’s price surge.
At the time of the deposit, RAVE was trading at just $0.43, putting the holding’s value at $8 million. Now, with RAVE priced at $1.027, the tokens have appreciated to $19.08 million.
The funds in the two addresses came from two sources: Bitget withdrawals and the RAVE token deployment address.
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Yesterday, a whale who heavily shorted BTC was liquidated with a $43.3 million margin, becoming the top-ranked largest single liquidation on the entire network.
On April 10, per HyperInsight monitoring, after Bitcoin (BTC) rebounded above $72,000, a whale address starting with 0x2fc triggered the liquidation of a 40x-leveraged BTC short position twice in a row at 11:00 PM last night. A total of 423.4 BTC was liquidated, worth approximately $30.5 million. One of the liquidations hit $24.4 million—making it the largest single liquidation across the entire network in the past 24 hours. The short position was opened at 5:00 PM yesterday.
Following the liquidations, the address quickly opened another 40x-leveraged BTC short position with 176 BTC (worth roughly $12.83 million) and was liquidated again at 7:00 AM this morning, once more ranking as the day’s largest liquidation. The total value of the two liquidations exceeded $43.3 million, resulting in a $580,000 loss.
Currently, the address has opened a 40x-leveraged short position for the third time. However, its funds have been significantly depleted after the two prior liquidations, so it
3 minutes ago
TAO drops over 9% in 24 hours, market cap falls to $32.11 billion
**April 10th Crypto Update: TAO Tanks 9%+ Amid Bittensor Governance Blowup**
Per HTX market data, TAO has dropped more than 9% in the past 24 hours, currently trading at $292.7 with its market cap falling to $3.211 billion.
On the news front, decentralized AI training group Covenant AI released a public statement officially announcing its exit from the Bittensor network. The team called out Bittensor key figure Jacob Steeves (alias Const) by name, accusing him of systematically betraying decentralized pledges.
Covenant AI founder Sam Dare disclosed that Const has recently taken a string of oppressive measures against his team:
- Suspended token emissions for its subnets
- Revoked its management control of its own community channels
- Unilaterally decommissioned subnet infrastructure
- Applied economic pressure via large-scale, high-profile token dumping amid the conflict
Covenant AI flat-out labeled Bittensor’s touted “three-person multi-sig governance” a “decentral
3 minutes ago
Tao 24h Price Change -13.11%, Covenant AI Exits Bittensor Network
April 10th: HTX data shows Tao is currently trading at $292.85, down 13.11% over the past 24 hours.
Previously, BlockBeats reported that Covenant AI—a decentralized AI training team—issued a public statement officially announcing its withdrawal from the Bittensor network. It also directly named Jacob Steeves (alias Const), a key figure tied to the network, accusing him of systematically betraying decentralized commitments.
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