ASTER Consolidates for a Month as On-Chain Whale HODLs $18 Million Long Position

March 11 — According to HTX market data, ICP saw a brief 16% surge after news broke that Upbit, South Korea’s largest cryptocurrency exchange, has listed the token. It has since pared gains, currently trading at $2.51 — still up 6.18% from the time of the announcement.

On March 11, Upbit—South Korea’s largest cryptocurrency exchange—will list ICP, supporting trading pairs for KRW, BTC, and USDT, per official sources.

March 11 — Data from Hyperinsight (via its Telegram channel @HyperInsight) and Coinglass shows the largest single liquidation across the network over the past 24 hours occurred on the Hyperliquid platform, with Brent Crude Oil (BRENTOIL) as the underlying asset. A wallet holding a long position faced multiple large liquidations as oil prices declined, with cumulative losses topping $6 million. The first liquidation hit after BRENTOIL prices dropped below $89, totaling $3.32 million. Later, as prices fell further below $87, the same wallet triggered another liquidation worth $3.13 million. These consecutive liquidations made it the biggest single liquidation event across the network in nearly 24 hours.

**March 11 Update** Per HyperInsight monitoring data, the address “High Shorting Global Oil Price” (0x4cd) **slashed its Brent Crude Oil (BRENTOIL) short position by $1.8 million** between last night and this morning, bringing the position down to $1.7 million. The freed-up capital was fully deployed to roll over its WTI Crude Oil (CL) short position, **boosting the current size from $5.7 million to $7.12 million**. ### Current Position Context The address’s trades reflect a bet on **easing Middle East geopolitical tensions**, with expectations that WTI crude will see a far steeper price correction than Brent. ### Breakdown of Positions | Asset | Details | |---------------------|-------------------------------------------------------------------------| | WTI Crude Oil (CL) | 7x leverage | $7.12M position | Avg entry: $95 | Unrealized profit: $1.08M | Liquidation: $113 | | Brent Crude Oil (BREN

March 11 — Per LookOnChain monitoring, a newly created wallet (3CziMF) withdrew 2,000 bitcoins from Coinbase just five minutes ago, with the assets valued at $140.08 million.

On March 11, Bloomberg reported that this week, lawyers for Zhizhi Chen filed a motion in federal court in New York to overturn the U.S. government’s seizure of a batch of bitcoin linked to him. The lawyers argued many charges against Chen are “obviously and patently false,” describing allegations he ran a fraud scheme as merely “vague descriptions and contextual comments about the situation in Cambodia.” They also challenged the timeline of the cryptocurrency seizure, claiming the bitcoin was not obtained via fraud or money laundering. FBI findings show one of Chen’s key aides boasted the Prince Group raked in over $30 million daily in 2018 from a Ponzi scheme and related illegal activities. Some of those funds funded a crypto mining operation, yielding bitcoin and other cryptocurrencies that are easily transferable across borders. Previously, U.S. federal prosecutors charged Chen with money laundering and telecommunications fraud. In October 2025, they disclosed the U.S. had