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Standard Chartered Appoints Former JPMorgan Chase Blockchain Head to Lead Payment Business

2 days ago

On March 4, Bloomberg reported that Standard Chartered has appointed the former co-head of JPMorgan’s Blockchain Department to lead its global payments business, as the bank aims to further modernize its cash management system. Naveen Mallela—who stepped down from his role as head of business at JPMorgan’s Kinexys last month—will officially join Standard Chartered on May 4 as head of global payments, the bank announced in a statement Wednesday.
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Cumberland withdrew 14,800 ETH from Coinbase 30 minutes ago

March 6 — Cumberland withdrew another 14,800 ETH (valued at $30.8 million) from Coinbase just 30 minutes ago, per LookOnChain monitoring data.

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On-chain WTI Crude Oil Futures Contract price experiences a temporary 3.7% surge, with the contract's largest long position enjoying a $700,000 unrealized gain.

On March 6, per Coinbob's Popular Address Monitor, the WTI Crude Oil synthetic asset on Hyperliquid briefly spiked above $84, notching a 3.7% gain. The largest on-chain long whale for CL (the WTI Crude Oil synthetic asset) — address 0x3b1 — saw its unrealized profits swell to $700,000, with a 66% return rate. Its current position size is roughly $3.35 million, at an average entry price of $66.4.

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Jane Street-affiliated wallet deposited 270 BTC to Bullish and LMAX Digital in the last 2 hours

March 6: LookOnChain analytics shows wallets linked to Jane Street have deposited 270 BTC (~$19M) into Bullish and LMAX Digital over the past two hours.

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「Genesis Whale」 $14.7M ETH Long Position Flipped from Profit to Loss, Liquidation Price for this Round is $2024

March 6th — Per data from the **Coinbob Popular Address Monitor** (https://t.me/Coinbob_track_CN), Ethereum (ETH) traded slightly lower in pre-market hours. Notably, the 25x leveraged ETH long position held by crypto trader “Buddy” Huang Licheng has swung from profitable to underwater. Key details: - Current position size: ~$14.7 million - Average entry price: $2070 - Floating losses: $160,000 (-27%) - Liquidation price: $2024 - Margin call: Roughly 1.3% away from being triggered Previously, the address had placed take-profit orders ranging from $2085 to $2202, targeting a partial close of a $2.32 million portion of the position. The account’s balance has since fallen from $860,000 to $450,000.

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A whale has double shorted LIT and is currently unrealized profit of $1.36 million

On March 6th, per Onchain Lens data, a whale doubled down on shorting LIT amid its price decline, now sitting on an unrealized profit of $1.36 million.

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A whale closed a long position in crude oil with a profit of $755,000 and instead opened a short position in the Nasdaq with a position size exceeding $25 million.

March 6: LookOnChain data shows whale address 0xf4b8 closed its crude oil long position, netting a $755k profit. Shortly after, the whale flipped to a Nasdaq 100 short position with 30x leverage, with a position size exceeding $25M and a liquidation price of $26,688.65.

1 seconds ago