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"The Largest On-Chain Crude Oil Short" Whale is now at a $2.93 million unrealized loss, with a liquidation price of $111.85"

2 hours ago

March 12: LookOnChain data shows the "On-Chain Crude Oil Max Short" whale is currently facing a $2.93 million loss. The whale is closing a portion of its position to mitigate losses, with the new position’s liquidation price set at $111.85.
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OpenClaw Founder: Tencent's Bulk Scraping of ClawHub Data Leads to Soaring Server Costs

March 12: X user SnowShadow alleged that Tencent’s AI skills community SkillHub plans to crawl all skills from OpenClaw’s official plugin hub ClawHub and import them onto its platform. OpenClaw founder Peter Steinberger responded: “I once got an email from someone who complained the rate limit was slowing their scraping down. They were scraping content without contributing anything to the project, hoping Tencent would step in so server costs wouldn’t skyrocket into five figures.”

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A whale deposited 1.82 million USDC into Hyperliquid for additional long position on crude oil

On March 12, Onchain Lens data shows a whale deposited 1.82 million USDC into Hyperliquid and upped its 1x leveraged short position in CL (WTI Crude Oil Perpetual Contracts). Additionally, the whale holds a 1x leveraged long position in EWY (South Korea ETF).

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The "Long-Short of Main Oil Forces" rolled over a short position on Brent crude oil to $20.5 million, betting on a price drop after the IEA releases reserves

March 12 — Per HyperInsight monitoring (https://t.me/HyperInsight), following the International Energy Agency’s (IEA) announcement of its largest-ever emergency oil reserve release (400 million barrels), the "U.S.-Brent Oil Air Force" address (0x985f...) has been rolling over and adding to its BRENTOIL (Brent Crude) short position since 10 p.m. ET last night. To date, it has accumulated 84,400+ additional contracts, with a total value of roughly $8.2 million. After this round of continuous accumulation, the address’s 20x-leveraged BRENTOIL short position now totals $20.5 million, at an average entry price of $91.8. It has become the largest on-chain BRENTOIL short position. Currently, the position is in a floating loss of $1 million (-8%), with a liquidation price of $148. The same address also holds a $14.2 million short position in CL (WTI Crude), at an average entry price of $87.9 — also in a floating loss. Combined, the two oil short positions exceed $34 million, as the addre

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Bithumb to List CYS-KRW Trading Pair

On March 12, Bithumb announced via an official statement that it will list the CYS/KRW trading pair.

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The Bank of England may scrap limit on stablecoin holdings plan

March 12 — CoinTelegraph reports that Sarah Breeden, Deputy Governor of the Bank of England, testified before the UK Parliament’s Financial Services Regulatory Committee, saying the central bank is open to methods for managing stablecoin risks and not restricted to imposing holding limits. Breeden noted the proposed holding limits aim to prevent a massive inflow of bank deposits into stablecoins, which could potentially curtail lending and reduce credit access for businesses and households. She stated: “We’re absolutely open to other ways to hit that goal. I believe you’ve also heard others note during the inquiry that this credit supply risk is a real concern.”

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Viewpoint: IEA's Record Release of Oil Reserves Signals Middle East Conflict Could Last for Months

**CNBC: IEA’s Largest-Ever Oil Reserve Release Signals Fears of Prolonged Iran Conflict** March 12 — The International Energy Agency (IEA) has unveiled its biggest-ever oil reserve release plan, a move that signals energy markets expect the Iran conflict could last far longer than initially anticipated, per CNBC. Key analyst takes on the historic announcement: - Andy Lipow, president of Lipow Oil Associates, said some market participants interpret the IEA’s action as pointing to a conflict stretching for several weeks. - Saul Kavonic, an energy analyst at MST Marquee, noted the release’s scale underscores how severe oil shortage risks are — a clear sign the IEA does not expect the war to end imminently. - Bob McNally, president of Rapidan Energy Group, added traders recognize the release will only partially offset shortages from the Strait of Hormuz blockade. “Oil prices could keep rising unless there’s a ceasefire or Iran’s military capabilities decline enough to allow tan

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