A trader turned $232 into over $1.1M on $mubarak—a 4,860x return!😱

On March 18th, according to Ashes Monitor, the "Hyperliquid 50x Whale" liquidated a position with a small loss and closed out the long positions in MELANIA and HYPE. Subsequently, it re-entered a short position in BTC. Currently, the 40x leveraged short position holds a total of 6210 BTC, and 16.75 million USDC has been transferred to Hyperliquid as collateral, which represents all the funds in the address.

On March 18th, according to official channels, the Arbitrum developer Offchain Labs declared the establishment of Onchain Labs. The purpose of this is to expedite the development of emerging applications on Arbitrum. Onchain Labs will act as early team contributors and offer general product and market entry advice.

March 18th. According to official channels, Aptos has declared the commencement of the LFM program with the aim of aiding ecosystem projects in making preparations for Token Generation Events (TGEs). They will offer customized and in-depth support according to the project's readiness for TGE. The expert network encompasses aspects such as community building, exchange listings, fundraising, legal matters, security, and more.

On March 18th, according to GMGN market data (accessible via https://t.me/GMGN_sol_bot?start=i_m4TE56o8), the market capitalization of mubarak has exceeded 1.9 billion US dollars. It is currently reported at 1.908 billion US dollars, reaching a new all-time high, with a 24-hour increase of 130%. BlockBeats reminds users that many Meme coins have no practical use cases and experience significant price volatility. Therefore, investment should be approached with caution.

On March 18th, as per Bloomberg, the cryptocurrency project championed by former U.S. President Donald Trump - World Liberty Financial - has concluded its second round of token sale, amassing a total of $550 million. WLFI has earmarked $30 million for company-related expenses and other outlays. According to the issuance document of World Liberty's initial token sale, Trump and his affiliated company DT Marks DEFI LLC will obtain 75% of the net proceeds as fees, which amounts to $390 million. Furthermore, token purchasers are currently prohibited from reselling the tokens and do not possess any entitlement to profits. The project initiated its initial token sale in mid-October of the previous year and promoted it to both U.S. and non-U.S. investors.

On March 18th, as monitored by Onchain Lens, 1 hour ago, pump.fun made a deposit of 196,370 SOL into Kraken. This deposit is equivalent to approximately $25.31 million.