US-Iran Ceasefire Expectation Briefly Interrupts Inflation Trade, 'MakerDAO Cofounder' Multi-Million Dollar Position Gives Back $600k Profit Intraday
Hyperinsight data indicates that on April 1, the linked address of MakerDAO co-founder Rune partially closed out its long position in WTIOIL (WTI Crude Oil), with the long-short combination of crude oil and U.S. stock indices moving toward balance.
Currently, the address holds roughly $8.5 million in long positions across WTI Crude Oil and Brent Crude Oil, and about $6.3 million in short positions covering the Nasdaq 100 and S&P 500—totaling over $14.8 million in holdings. As of press time, the whale has not further reduced positions today.
Over the past week, escalating geopolitical tensions let the combination lock in over $1.4 million in profits. But a U.S.-Iran ceasefire signal lifted market sentiment today, pushing oil prices lower and U.S. stock indices higher. Stagflation trading dynamics came under brief pressure, and the address subsequently gave back roughly $600,000 in profits.
1 minutes ago
New Fee Structure Takes Effect, PolyMarket's Daily Revenue Rises to 7th Among Crypto Protocols
On April 1st, data from Defillama shows that PolyMarket—a prediction market—ranked 7th among crypto protocols in daily revenue, totaling $550,000.
As previously reported by BlockBeats, starting March 30th, PolyMarket will begin charging taker fees for the first time on nearly all trading categories. The new fee structure uses variable rates: crypto-related contracts have a peak rate of up to 1.8%, with actual fees adjusting dynamically based on share prices and market conditions. Sports, finance, politics, culture, weather, and general categories feature lower tiered fees, while other specified categories and peak fees for certain economic forecasts are higher, around 1.5%.
1 minutes ago
Yesterday, the US Bitcoin spot ETF saw a net inflow of $1.175 billion, while the Ethereum ETF saw a net inflow of $31.2 million.
On April 1, Farside Investors reported that U.S. Bitcoin spot ETFs saw a net inflow of $117.5 million yesterday, broken down as follows:
- BlackRock IBIT: +$98.4M
- Fidelity FBTC: +$16.2M
- Bitwise BITB: +$1.8M
- ARK ARKB: +$1.1M
Additionally, U.S. Ethereum spot ETFs recorded a net inflow of $31.2 million yesterday, with details:
- BlackRock ETHA: +$24.7M
- BlackRock ETHB: +$1.1M
- Fidelity FETH: +$1.6M
- Bitwise ETHW: +$1.2M
- 21Shares TETH: +$2.6M
1 minutes ago
SIREN Whale Address holding 645 million SIREN tokens conducted a flash swap transaction half an hour ago
April 1st: On-chain data analyst Yu Jin reported that a SIREN on-chain manipulation address spent 144,000 USDT half an hour ago to buy back 500,000 SIREN tokens at $0.288 each.
Half a month earlier, the same address sold 500,000 SIREN at $0.947 per token, netting 473,000 USDT. After today’s price drop, its 144,000 USDT buyback has yielded a profit of 329,000 USDT while holding the same amount of controlled tokens.
The address still holds 645 million SIREN tokens, currently valued at $155 million—down from $1.44 billion just a week ago.
1 minutes ago
Tom Lee: Market has digested over 90% of the selling pressure, with equities typically bottoming during the last 10% phase of a war rally
On April 1, Tom Lee told CNBC in an interview that he believes the market has already absorbed 90-95% of selling pressure, the selling cycle may have ended, and rebuilding can now begin.
He emphasized that stocks typically bottom out early in wartime environments: “We’ve studied every war since 1900, and markets tend to hit a bottom within the first 10% of the conflict’s duration. If this follows that pattern, we’re in the early stages now.”
Right now, any negative news can spark risk-off moves—this is why position sizing matters, he added. “At some point, if investors grow too neutral, the market could stage a V-shaped rebound even if conditions aren’t that dire.”
Lee also noted on social media that even if a bottom hasn’t been hit yet, he thinks the U.S. economy can handle $100 or even $120 oil.
1 minutes ago