A certain whale moved 330 cbBTC to Coinbase 1 hour ago

**March 16 Update** Greek researcher Adam (from Greeks.live) noted in a social media post that over 40% of open interest in end-of-month quarterly options is now concentrated. Individual $75,000 call contracts make up more than 5% — marking an unprecedented level of concentration, with all bets leaning on $75,000. Gamma Walls and Gamma Squeezes reflect a collective market consensus: either the entire market pushes in the same direction toward the target, or it triggers a large-scale breakdown.

**March 16 Data: Polymarket’s Market Share Rises to 55%, U.S. Political Volume Leads** Polymarket’s overall market share has climbed from around 40% to 55%, per March 16 figures. Daily average trading volume in its U.S. political market hit $28.17 million—far outpacing sports ($1.32 million) and crypto markets ($44,000). Since launch, the platform has generated $2.19 million in total fees, with average weekly revenue of $730,000. The platform has created 295,000 total markets, but just 505 “supermarkets” account for 47% of all historical trading volume; the top 10 most popular markets make up 57% of total volume. Meanwhile, 67.7% of markets have a lifespan under seven days, with 63% seeing zero trading volume within 24 hours of creation. Pricing includes an emotion premium: For example, in the “WTI Crude Oil Hits $100 by Month’s End” market, Polymarket’s pricing has consistently outpaced Chicago Mercantile Exchange (CME) options’ implied probability by 10–30 percentage points—

On March 16, LookIntoBitcoin data shows that the address bc1qfs has withdrawn 1,938 Bitcoin (valued at approximately $138.24 million) from Binance over the past six days.

March 16 (The Block) — Publicly traded Bitcoin miner HIVE Digital Technologies is executing a major strategic shift, The Block reported Thursday. Citing tax disputes and operational uncertainties, HIVE said it will gradually scale back its Bitcoin mining operations in Boden, Sweden. The company’s ASIC mining unit there faces challenges from local authorities, including what it describes as “misuse of existing tax rules” (such as mandatory collateral requirements) that have created operational ambiguity. As a result, HIVE is downsizing the operation, reallocating resources to its AI and high-performance computing (HPC) strategy in Europe, and may fully exit Bitcoin production in Sweden down the line. Separately, HIVE — via its subsidiary BUZZ High Performance Computing — plans to quadruple its liquid-cooled AI data center capacity in Canada. Current capacity in Manitoba stands at 4 megawatts (MW); the expansion will boost total capacity across two provinces to 16.6 MW. This includ

As of March 16, Onchain Lens monitoring shows OTC trading whale address **0xfb7** has transferred 12,000 ETH (≈$27.43M) to FalconX and 330 cbBTC to Coinbase—apparently preparing to sell assets to repay a loan. Current holdings of the whale: - 3,670 cbBTC (≈$273.56M) - 120,380 stETH (≈$276.7M) - 17,753 WETH (≈$40.76M) ### Notes on U.S. language/formatting fit: 1. **Conciseness**: Uses "≈$X.M" (million shorthand) instead of spelling out "million" for speed. 2. **Flow**: Opens with a tight time-source-event structure (common in crypto/finance alerts). 3. **Clarity**: Highlights the whale address (standard for on-chain updates) and uses em dashes for smooth context transitions. 4. **Terminology**: Matches U.S. industry jargon (OTC whale, cbBTC/stETH/WETH, FalconX/Coinbase). 5. **Readability**: Bullet points for holdings (scannable, like Bloomberg/CNBC alerts).

March 16: Trump said Iran is "not ready" to strike a deal, calling the conflict's cost "very minimal" and predicting the war will be short-lived. Oil prices will "plummet like a rock" once hostilities end, he added. He declined to comment on deploying U.S. ground troops to Iran.