A whale has been consistently selling EIGEN over the past two days, expecting a loss of $2 million.

On March 26th, an analyst from K33 Research pointed out that although the cryptocurrency market had witnessed a calm upward trend in the past few weeks due to the US government indicating a more moderate tariff stance and the slightly dovish position of the Federal Reserve. There are still eight days until President Trump's "Liberation Day" (April 2nd), and the tariff-induced fluctuations may further intensify. K33 Research Director Vetle Lunde and Senior Analyst David Zimmerman emphasized in a report on Tuesday that the US Bitcoin spot ETF had seen net inflows for eight consecutive days, totaling $8.966 billion, further indicating that the selling pressure was diminishing and Strategy had resumed significant Bitcoin purchases. The most severe phase of BTC risk reduction seemed to have ended, and the market was now in a wait-and-see mode. Chicago Mercantile Exchange (CME) traders remained relatively passive and defensive, while offshore traders were slightly optimistic but "not entire

On March 26th, the on-chain data analyst @ai_9684xtpa pointed out that Hyperliquid has assumed a $5 million short position in jellyjelly due to trader liquidation. Currently, it is at a loss of $10.63 million (approximately $6 million at the time of this writing). If the counterparty drives the price up to around $0.17, the Hyperliquid Vault will face liquidation and lose the $240 million it currently holds.

On March 26th, as per the monitoring of LookOnChain, a whale holding 126 million JELLY tokens (jellyjelly) is engaged in price manipulation of the coin. The address first initiated the selling of JELLY to cause a price crash, enabling HLP to acquire a passive short position of 398 million JELLY (approximately $15.3 million). Subsequently, the address purchased back JELLY, which led to a rise in the price and caused HLP to lose nearly $12 million.

On March 26th, based on Hypurrscan data, a new address beginning with 0x20e8 established a 3x JELLY long position on Hyperliquid. It entered at $0.01129. The position once had a floating profit and loss of more than $8 million and currently stands at $5.58 million.

March 26: During The Digital Chamber Summit, Bryan Steil, a Wisconsin state representative and the ranking member of the House Financial Services Committee who is a Republican, stated that the House will complete the full text of the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act on this day.

On March 26th, according to HTX market data, Bitcoin fell below $87,000 and is currently trading at $86,887.