「Previously Borrowed Coin to Short 66,000 ETH」 Whale Doubles Down During Downtrend, Buying Another 23,733 ETH

March 10 — TechCrunch reports that Legora, an AI platform for legal professionals, has closed a $550 million Series D funding round led by Accel. Existing investors Benchmark, Bessemer, General Catalyst, ICONIQ, Redpoint Ventures, and Y Combinator also participated, while new backers include Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Salesforce Ventures, Sands Capital, and Starwood Capital. Powered by large language models (primarily Claude), Legora positions itself as a tool to help lawyers tackle complex cases. Speaking via live stream at the Stockholm Techarena conference, CEO Max Junestrand noted: “While anyone can access a ‘pocket lawyer’ via Claude, our solution is built for a distinct use case.” The platform is integrated into clients’ workflows, with 800 law firms and legal teams currently using it. Legora currently operates offices in New York, Stockholm, Bangalore, London, and Sydney, with plans to expand further. Along with closing its Series D ro

On March 10, an Iranian Parliament spokesperson said Tehran would respond in kind if an "enemy" first launched attacks against infrastructure, per the Financial Times.

Many Hong Kong-based family offices plan to boost their investments in private equity and digital assets over the next three years, Bloomberg reported on March 10. On Tuesday, the Hong Kong Institute for Monetary and Financial Research (HKIMR) noted in a report that wealthy families’ interest in these assets—including private credit and venture capital—is expected to “rise significantly.” Hong Kong has been actively encouraging more high-net-worth individuals (HNWIs) and their families to base their investments locally, with the goal of becoming a bridge between the mainland and global markets. A survey commissioned by the Hong Kong government and conducted by Deloitte—released last month—found that as of the end of 2023, the number of single-family offices based in the financial hub had risen to 3,384, up 25% from 2022.

March 10th: Per Onchain Lens monitoring, the address linked to "Whale Whisperer" Huang Lincheng has just deposited 250,000 USDC into Hyperliquid and begun building a 25x-leveraged ETH long position.

On March 10, Israel’s foreign minister stated that the country is not pursuing an endless war. (Golden Ten)

March 10th — Per monitoring by HyperInsight (https://t.me/HyperInsight), the whale address "pension-usdt.eth" has just opened a long position in CL (WTI Crude Oil Mapping Contract): 7986 CL longs with 2x leverage, at an average entry price of $86.73. Additionally, the address still holds 1000 BTC shorts with 3x leverage, posting an unrealized loss of $1.01 million.