BitMine Increases ETH Holdings by 25,000 Coins Today, Worth $53.28 Million
April 1st — Per EmberCN monitoring, a whale executed a large-scale purchase of 25,000 ETH earlier today, with the tokens eventually flowing to BitMine — Ethereum’s largest treasury firm — in a $53.28 million transaction.
The 25,000 ETH was withdrawn from a centralized exchange (CEX) and initially moved to BitGo. Separately, 45,000 ETH (valued at $95.3 million) was just transferred from BitGo to the BitMine address.
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Paradigm is developing a prediction market trading terminal for professional traders and market makers
April 1st — Per Fortune, crypto venture firm Paradigm is building a prediction market trading terminal for professional traders and market makers. Led by partner Arjun Balaji, the project initially launched in late 2025.
Paradigm is also exploring two further efforts: standing up an in-house prediction market-making business, and collaborating with researchers to assess the feasibility of a prediction market index. Modeled after the S&P 500, this index would bundle multiple prediction markets into tradable products. The firm has already begun aggregating prediction market data onto a public dashboard.
Additionally, Paradigm is a key backer of prediction market platform Kalshi. It participated in three of Kalshi’s 2025 funding rounds, and led the December round that valued Kalshi at $11 billion.
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Hyperliquid Launches Mobile App Beta on Google Play Store
On April 1, Hyperliquid announced via its official Discord channel that its mobile app is now available on the Google Play Store as an initial MVP (Minimum Viable Product) for user testing. Android users can access the app via a dedicated link.
The initial MVP has intentionally limited functionality—currently only supporting trade notifications. The goal is to gradually upgrade from a Progressive Web App (PWA) based on early user feedback, iterating on feature priorities and device-specific issues. Download numbers will be capped during the testing phase, and user feedback is strongly encouraged.
Officials note this is just the first MVP version. Users wanting to disable notifications can uncheck "Enable Push Notifications" in the settings dropdown. Future plans include expanding notification configuration options.
Important reminder: Avoid any counterfeit apps on the Google Play Store—always use the official link.
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Tom Lee: Market Still in the Fog of War, Danger and Opportunity Coexist
April 1st — Tom Lee, Chairman of BitMine (Ethereum’s largest treasury firm), said the current market remains mired in a “fog of war” and rife with uncertainty. In Chinese, the word for “crisis” combines the meanings of “danger” and “opportunity” — yet most people only focus on mitigating the “danger” rather than seizing the “opportunity.”
Earlier today, Lee added the market has absorbed more than 90% of selling pressure, noting stock markets typically bottom out in the final 10% phase of a war cycle. Even if a “bottom” hasn’t been hit yet, he believes the U.S. economy can withstand $100 — or even $120 — oil prices and continue growing.
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US EIA Weekly Crude Oil Stockpile Registers Largest Decline Since July 2023
On April 1, the U.S. Energy Information Administration (EIA) released weekly energy inventory data for the week ending March 27.
Commercial crude oil inventories rose by 5.451 million barrels—beating the consensus expectation of 0.814 million barrels and down from the prior week’s 6.926 million barrels.
Strategic Petroleum Reserve (SPR) inventories declined by 0.378 million barrels, following no change in the previous week.
Notably:
- This SPR drawdown was the largest since the week ending July 7, 2023.
- Commercial crude inventories (excluding SPR volumes) hit their highest level since the week ending June 16, 2023.
(Source: Golden Finance)
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