A whale transferred 1000 ETH to Binance after a year of hibernation

March 17 — Official sources confirm that Neutron, a Cosmos ecosystem project, has announced it will shift to long-term maintenance mode. The project’s DEX and Supervault will suspend operations no later than April 17 and enter withdrawal-only mode. dNTRN holders can redeem their tokens for NTRN starting March 23 via the Drop website or Neutron app. wstETH holders must bridge back to Ethereum by June 30. Details of the redemption mechanism for NTRN holders will be announced separately. Hadron Labs will handle network maintenance through June 30, 2026; after that, a manual withdrawal guide will be published. Governance will transition from a custom system to the standard Cosmos staking model, inflation will be dynamically adjusted, and the validator set will be reduced.

March 17th — Deribit officials note BTC quarterly options are set to expire next Friday. Currently, the peak open interest (OI) expiration level for BTC aligns with its pain point at $75,000, matching the asset’s current trading price. For ETH, the top OI expiration level corresponds to its pain point at $2,350, which also equals ETH’s current price.

On March 17, according to Farside data, U.S. Solana spot ETFs recorded a net inflow of $2.1 million yesterday (March 16). Since their launch, cumulative net inflows into U.S. Solana spot ETFs have hit $967 million. Bitwise’s BSOL led the pack with the largest individual net inflow at approximately $785.8 million.

March 17 (The Block) — Crypto market data platform Messari announced on Sunday that CEO Eric Turner has stepped down, and the company is laying off staff as it shifts focus to AI. Diran Li, Messari’s chief technology officer, posted on X Monday that Turner formally resigned following board discussions, with Li taking over as CEO. Turner confirmed the transition on social media, noting he will remain an advisor. Turner assumed the CEO role in 2024, succeeding founder Ryan Selkis — who resigned after posting a series of controversial remarks on X. On layoffs, Li wrote: “This transition also requires a difficult decision: we are parting ways with many team members who helped Messari reach where it is today.” He did not disclose the exact number of cuts. Li explained the restructuring aims to position Messari as an “AI-first” firm, serving institutional clients via research and AI-powered products. Messari is not alone in recent crypto layoffs. Last week, Optimism developer OP Lab

March 17th — Per GMGN monitoring (link: https://gmgn.ai/sol/token/i_m4TE56o8_NV2RYH954cTJ3ckFUpvfqaQXU4ARqqDH3562nFSpump), Solana-based meme coin Punch saw a short-term spike this morning. Its market cap jumped from $10 million to a peak of $16.5 million before settling at $13.7 million, marking a 49% 24-hour gain. Trading volume over the same period hit $3.5 million. This uptick ties to Punch’s participation in a community listing vote on an unspecified exchange, where current vote share has cleared the 73.61% threshold required for the listing. BlockBeats Note: Meme coins are highly volatile, relying heavily on market sentiment and hype rather than actual value or utility. Investors are advised to exercise caution due to these risks.