The "Silver Helmet Air Force" partially took profit on long positions as BTC returned to the $71k integer level, with a total position size of $13.5 million
On March 25, per HyperInsight monitoring (via the Telegram channel https://t.me/HyperInsight), after Bitcoin (BTC) briefly dropped to $71,000, the "Silver Iron Head Bear Army" whale—known for focusing on short positions—partially closed its BTC short position at market prices.
Key details:
- 190 BTC closed at $71,004 (~$13.5 million), netting ~$340,000 in profit.
- Post-reduction, the whale still holds a $27.6 million BTC short position with an unrealized gain of ~$726,000 (52.6%), at an average entry of $69,220.
- Separately, the whale fully closed its gold long position: previously ~$3.1 million in size, closed at an average of $4,545.
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OKX has released the 41st edition of the PoR, with a total value of 25.6 billion USD in BTC, ETH, USDT, and USDC
March 25 — Per official sources, OKX has released its 41st Proof of Reserves (PoR). Data for this period shows all 22 major currencies publicly disclosed by OKX have 100% reserve ratios. Among them, BTC, ETH, USDT, and USDC hold reserve ratios of 106%, 107%, 109%, and 102% respectively. Calculated at validation date prices, the total value of these four reserve assets totals $25,658,384,955.
OKX is the first crypto exchange in the industry to publish continuous PoR updates for over three years. Over this span, it has maintained monthly PoR releases, expanded the number of disclosed currencies from 3 to 22, and upgraded its PoR system using technologies like Merkle Trees, Omni-layered Merkle Trees, and zk-STARK — all to boost asset transparency for users.
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Goldman Sachs: Maintains Overall Bullish Outlook on Gold, End-Year Target Price of $5400 per Ounce
March 25 — Goldman Sachs says the recent gold price drop is largely in line with historical patterns, with rising rate expectations and market volatility as the key drivers.
Dain Strubin, head of commodity research at Goldman Sachs, said today: “This decline isn’t surprising given our current pricing framework.” The recent gold rally exceeded fundamental expectations, and the partial pullback reflects “a degree of normalization.”
Still, Goldman Sachs remains bullish overall, forecasting gold will reach $5,400 an ounce by year-end. Central bank gold buying across governments to diversify assets—specifically, shifting to assets with lower political and financial risk—has provided support for the bullish outlook.
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During the rebound after ETH touched $2100, the HL platform whale accumulated a total of 61.61 million in size for long positions intraday.
March 25th — Per HyperInsight monitoring (via its Telegram channel at https://t.me/HyperInsight), Ethereum (ETH) continued rebounding after touching $2100 at midnight today.
On the Hyperliquid platform during this period:
- 10 whales opened long positions, while 4 opened short positions.
- Total long position size reached $61.61 million.
Key whale details:
- Whale with address starting with 0x049: Opened the largest new position — a 20x-leveraged $20.07 million ETH long, with an average entry price of $2160 and a liquidation price of $2095.
- Whale with address starting with 0x965: Faces the highest liquidation pressure — a 25x-leveraged $5.75 million ETH long, average entry price $2159, liquidation price $2115 (only ~2% buffer before liquidation).
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After HYPE surged past $40, the long and short game intensified, with two whales briefly opening million-dollar long and short positions simultaneously.
March 25
Per HyperInsight monitoring, HYPE entered a tug-of-war between bulls and bears today after surging above $40. Two on-chain whales took positions within a narrow range.
Over the past hour, the whale with address starting 0xfaa opened a 10x-leveraged short position on HYPE: position size $1.03M, average entry price $40.22, liquidation price $42.17, currently holding a small profit of $5,300 (5%).
Additionally, another whale (address starting 0x965) opened long positions at a similar average price over the past few hours: position size $4.7M, liquidation price $38.1, currently holding a floating loss of $33,000 (-7.4%) — setting up a bull-bear showdown with the first whale.
3 minutes ago
Backpack Founder: Team is assessing a more complex witch case
March 25th — Backpack founder Armani noted that the team’s witch-hunt unit is re-evaluating more complex cases, thanking everyone who’s supported our efforts.
Yesterday, Armani and the core team were preparing to immediately launch an appeal channel and establish clear rules to best protect user interests. For any device linked to 3 or fewer accounts that was flagged as a “witch,” over 50% of the associated tokens will be returned upon successful manual appeal verification. Additionally, the Backpack team will roll out a special initiative in the coming days to repurchase tokens on the secondary market for targeted compensation to eligible users.
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