ORCA sees a sudden 10% price surge, currently trading at $2.872

On March 31st, based on the information presented on the relevant page, Layer 1 blockchain Initia has set up the Foundation X account and official website. Previously, Initia put out an image on the X platform, suggesting that the snapshot had been completed.

On March 31st, as monitored by @ai_9684xtpa, in the past three days, a whale accumulated 10,030 ETH through two addresses with an average price of $1886. One hour ago, this whale deposited 6,131 ETH to Binance (worth approximately $10.96 million). If sold, they would suffer a loss of $606,000. The remaining ETH is still in their Spark account, with an unrealized loss of $317,000.

On March 31st, according to HTX market data, some tokens in the DeFi sector showed gains against the trend. These include: REZ is currently trading at $0.019, with a 27.6% increase in the last 24 hours. UFT is currently trading at $0.0768, up 12.45% in the past 24 hours. LAYER is currently trading at $1.48, with a 5.34% increase in the last 24 hours. BSW is currently trading at $0.034, up 4.94% in the past 24 hours. BAKE is currently trading at $0.1334, with a 3.09% increase in the last 24 hours. LISTA is currently trading at $0.1766, up 2.08% in the past 24 hours.

On March 31st, based on on-chain data, the quantity of HYPER on HyperEVM was temporarily reported to be 5.89 million yesterday (valued at approximately $74 million), showing a weekly increase of nearly 100%. In previous news, the asset transfer function between HyperCore and HyperEVM has been launched, with initial support for HYPE. HYPE, as the native Gas token of HyperEVM, can be transferred between the two ends through system addresses without the need for ERC20 contract support.

On March 31st, based on the data from DefiLlama, the TVL (Total Value Locked) of the DeFi protocols in the Berachain ecosystem reached $31.5 billion, which is a 10% decrease from the peak of $34.95 billion last week. The top three protocols are: the liquidity staking protocol Infrared Finance, the DEX protocol Kodiak, and the DEX protocol BEX. Regarding the 24-hour trading volume of the DEX in the Berachain ecosystem, it was reported to be $98.77 million, and the market capitalization of stablecoins is $11.43 billion.

On March 31st, based on Coinglass data, if Bitcoin drops below $80,000, the total intensity of long liquidation on major CEXs will reach 529 million. On the other hand, if Bitcoin goes above $84,000, the total intensity of short liquidation on major CEXs will reach 939 million. BlockBeats Note: The liquidation chart does not precisely show the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring ones, that is, intensity. Therefore, the liquidation chart shows how much the underlying price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that once the price reaches that point, a more intense reaction will occur due to a liquidity cascade.