TON Ecosystem Token Surges, TON Sees 24-hour Price Gain of 20.7%

On March 16th, based on the monitoring of @ai_9684xtpa, the "20x Short Whale of BTC and ETH" partially liquidated their short positions by taking profits. They liquidated 387.02 BTC and withdrew 6 million USDC from Hyperliquid last night. Up to now, a total of 12 million USDC has been withdrawn from Hyperliquid. Among them, 10.6 million USDC was used as collateral and an additional 1.4 million USDC was the profit from partial liquidation, leaving a remaining unrealized profit of 1.83 million USD. The remaining position has a total size of 11.275 million USD, with the details as follows: - 20x BTC Short: Position 125.62 BTC, Entry Price $94,371.3, Liquidation Price $105,730; - 20x ETH Short: Position 365 ETH, Entry Price $2,658, Liquidation Price $9,375.4.

On March 16th, as per the post by on-chain sleuth ZachXBT on his personal channel, a highly reliable investigation into the asset theft of Tornado Cash shows that on March 11, 2025. After using Tornado Cash to complete a coin mixing transaction, a North Korean hacker used a portion of the ETH funds to purchase 437.6 billion PEPE tokens, which amounted to $3.1 million. A more detailed analysis indicates that the North Korean hacker became a victim of an exploit in the Tornado Cash user interface. In previous news, according to LookOnChain monitoring, 3 wallets made large purchases of 689.79 billion PEPE tokens (with a total value of approximately $4.3 million), and all the funds originated from Tornado Cash.

On March 16th, based on the information from crypto KOL Hebi, it is suspected that the on-chain brokerage project WhiteRock is launched by the ZKasino team. Users are advised to be cautious about security. The ZKasino had previously pulled a rug on users, with a total of 10,500 ETH (worth more than $30 million at that time).

On March 16th, market data indicates that the exchange rate of XRP/ETH once reached 0.00128 and has now retreated to 0.00123, reaching a new high since March 2020. Moreover, based on FDV data, the XRP FDV market capitalization is $238.75 billion and the ETH market capitalization is $232.18 billion.

March 16th: The Interoperability protocol Union posted on the X platform that the early draft of Union's tokenomics was leaked through Union Notion. This draft was formulated prior to Union Labs' Series A financing. Since then, substantial modifications have taken place, and the document no longer reflects the current viewpoints on Union's tokenomics. At present, no decisions have been reached regarding any tokenomics-related issues. The Union tokenomics team is constantly researching the best practices from other projects and adjusting plans to serve the Union community in the long term.

March 16th. According to reports from the National Broadcasting Company (NBC) and the Cable News Network (CNN), on March 14th, Vice President Vance of the US, during an interview with NBC, acknowledged that Elon Musk, the head of the US Department of Efficiency, had made some mistakes in carrying out the large-scale layoffs of federal government employees. Vance said in the interview, "Elon himself has admitted that there are times when mistakes are made in what one does, and then one corrects them. I accept these mistakes. I also believe that one must correct these mistakes promptly. But I am also very clear that there are many excellent people in the government—many people are performing very well. We hope to retain as much as possible of the effective parts of the government while getting rid of the ineffective parts." CNN stated that this is the first time that a senior official from the White House has admitted that Musk made some mistakes while working with the Department of Ef