Santiment: USDT Daily Active Addresses Hit 6-Month High, Traders May Be Getting Ready to Buy

On March 13th, based on Deribit data, approximately $32.7 billion worth of crypto options are set to expire this Friday. Among them, the Bitcoin (BTC) options have a notional value of $28.7 billion, with a maximum pain price of $86,000 and a Put/Call ratio of 0.74. The Ethereum (ETH) options have a notional value of $3.99 billion, with a maximum pain price of $2,150 and a Put/Call ratio of 0.71.

On March 13th, Zhu Su, the founder of Three Arrows Capital, posted on social media, stating, "The rise of CeDeFi is the biggest negative factor for Ethereum. This shows that a large number of open smart contracts that were originally envisioned to run on a distributed network ended up being executed in a closed-source code form on a single server. Ethereum urgently needs to embrace application scenarios that truly require global distributed computing and censorship resistance. Some use cases (such as privacy protection) have full cypherpunk attributes. If Ethereum itself does not perform well, it will be difficult to achieve the revival of DeFi. In a world where validator decentralization and smart contract demand are low, off-chain solutions will become the mainstream choice due to cost and efficiency advantages."

On March 13th, as monitored by OnchainLens, 23 minutes ago, a newly established wallet withdrew 2.4 million OM (MANTRA) from Binance. The value of this withdrawal is $15.48 million.

On March 13th, Bitcoin (BTC) is currently trading at approximately $83,247, showing a slight decrease of $450 (-0.54%) within the day. The market sentiment is somewhat positive, yet there is still a divergence. In the United States, the February CPI data came in lower than anticipated. This has shifted the market's focus to U.S. tariff policies and the progress of war and peace talks. These macro uncertainties have led funds to flow into safe-haven assets, causing turbulence in the cryptocurrency market. Despite the tariff risks and geopolitical pressures that affect market confidence, some safe-haven funds are still flowing into Bitcoin. Bitunix analysts propose: The short-term support level for BTC is at $80,000, with resistance at $84,000. Investors should carefully navigate the volatile market, closely monitor macroeconomic and policy changes, and strictly implement risk management strategies. They should consider accumulating when the price dips in the support zone and avoid bli

On March 13th, the latest on-chain data indicates that the total GT staking amount has reached 38.65 million tokens. This represents a growth of 2.26 million tokens compared to the previous quarter. The static yield is as high as 6.80%. It is reported that GT has witnessed a 24-hour price increase of 3.27% and is currently trading at $20.363.

On March 13th, the Babylon Foundation announced that the deadline for airdrop registration will be extended by 4 days and will end on March 19 at 16:00 (UTC+8). Previously, on February 25th, Babylon opened the airdrop registration page. This airdrop is mainly targeted at the group consisting of first-stage stakers, first-stage finality providers, and eligible contributors to Github repositories.