On-chain Silver Plunges Over 5.6% in a Day, 'Silver's Biggest Bear' Million-Dollar Short Position Widens to $1.9M Gain

March 13 — Per HyperInsight monitoring (https://t.me/HyperInsight), 6 whales (holding over $1 million in assets) on Hyperliquid (https://app.hyperliquid.xyz/join/NTOD) pre-positioned in XYZ100 (Nasdaq 100 perpetual contracts) ahead of the U.S. January PCE Price Index release. The largest position is held by a wallet address starting with 0x9e8. Currently, this address holds a 20x-leveraged short position in XYZ100 with a size of $13.56 million, an average entry price of $24,723, and an unrealized profit of $127,000 (18%). This marks the first time the address has significantly expanded its holdings of on-chain U.S. stock contracts; previously, its activity centered on long positions in BTC and ETH. It also holds a $3.7 million long position in CL (WTI crude oil). In related news, the U.S. is set to publish the January PCE Price Index. Market consensus forecasts PCE to rise 2.9% year-over-year, with core PCE seen growing 3.1% year-over-year. If core PCE year-over-year growth reach

On March 13, CoinDesk analyst James Van Straten noted in an article that Bitcoin has topped $71,500 and outperformed the U.S. stock market—despite a stronger U.S. dollar, elevated oil prices, and the U.S.-Iran conflict now in its third week. A stronger dollar tends to tighten global financial conditions, typically pressuring risk assets like stocks and cryptocurrencies. Elevated oil prices have amplified inflation concerns and lifted market expectations for interest rate hikes, which would erode the appeal of these assets. Bitcoin has continued to show resilience, ranking among the top-performing macro assets since the U.S.-Iran conflict began.

As of March 13, per HTX market data, the TRUMP token has climbed above $3.7, currently trading at $3.774 with a 24-hour gain of 32.51%. Previous reports noted that Trump will host a grand luncheon for TRUMP token holders, featuring himself and 18 "superstars" in attendance. The TRUMP token team has positioned the event as a global crypto and business conference. Eligibility runs from March 12 to April 10, 2026. To qualify, holders must meet two requirements: a time-weighted average holding of the token, plus verified eligible purchases of Trump-branded sneakers, watches, or fragrances. The top 297 eligible holders will attend the April 25 luncheon at Mar-a-Lago. The top 29 ranked holders will also join a special VIP reception and champagne toast, where they’ll share the stage with President Trump and other superstar guests.

(Xinhua Finance) — March 13: U.S. President Trump claimed during a G7 conference call that Iran was "about to surrender," per Axios.

On March 13, Solana-based perpetual contract trading platform Pacifica (https://app.pacifica.fi/?referral=pacbot) completed this week’s distribution of 10 million points. The platform also hit new highs across key metrics: total trading volume has exceeded $136 billion, active users have topped 40,000, and 24-hour open interest stands at $74.7 million. Per an official announcement, the Pacifica Builder Program will distribute 10 million points weekly from March 12 to June 12—an increase in reward allocation. Additionally, the platform’s hackathon is set to kick off imminently, having attracted over 220 development teams to sign up. The event officially begins March 16 and runs for one month.

On March 13, prominent media figure Wu reported that the TOKEN2049 Dubai Summit has been rescheduled to April 21–22, 2027, shifting from its original dates of April 29–30, 2026. Recently, amid U.S.-Iran tensions, the Middle East conflict has spilled over into Dubai. Earlier, multiple areas in the city were targeted by Iranian drones and munitions, prompting many crypto industry professionals to evacuate Dubai.