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Korean publicly listed company Bitmax transfers 550 BTC to CEX, claiming it's only for custody transfer.

2 hours ago

**March 17 — According to South Korean outlet *The Korea Economic Daily*, Bitmax — a KOSDAQ-listed firm and Bitcoin custody provider in South Korea — transferred roughly 550 BTC from its wallet to centralized crypto exchanges (CEXs) including OKX, Bitget, Binance, and Bybit. On-chain data shows the transfers began on January 15 and wrapped up on February 5.** **Bitmax noted the move was only to custody addresses and that it still holds all the bitcoins, but did not specify the exact reason for the transfer. If the relevant BTC was sold, it would indicate the company liquidated its Bitcoin holdings without disclosing the action.**
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A foreign exchange trader buys a hedge instrument to hedge against potential extreme volatility

**Forex traders are piling into safe-haven assets on March 17 to brace for potential extreme volatility, closely tracking Middle East developments to prepare for what lies ahead.** Following the initial shock of a war outbreak and oil prices surging to $100 a barrel, investors are leveraging this relatively calm period to buy options with low probability but high potential returns in the event of sudden exchange rate swings. Demand for hedging options against extreme exchange rate fluctuations—such as butterfly options—has risen, with euro-dollar options hitting an 11-month high in early March. (FXStreet)

1 minutes ago

An Argentine Court Orders Nationwide Block of Polymarket, Citing Alleged Unlicensed Gambling Service

March 17 — An Argentine court has ordered a nationwide block of crypto prediction market platform Polymarket, per a March 11 ruling from Buenos Aires’ 31st Criminal, Misdemeanor and Petty Offenses Trial Court. The court directed the Argentine National Communications Regulatory Agency (ENACOM) to block access to Polymarket’s website and related domains for users. The case was filed by the Buenos Aires City Gambling Regulatory Agency (LOTBA). Juan Rozas, the local prosecutor overseeing gambling matters, launched an investigation, accusing Polymarket of offering unlicensed gambling services to Argentine users—allegedly violating the country’s criminal code. The court ordered ENACOM to enforce the block via internet service providers (ISPs) and report immediately to the court or gaming prosecutor’s office if technical issues arise. It also asked Google and Apple to delist and restrict Polymarket’s Android and iOS apps in Argentina, including limiting access for existing users. The

1 minutes ago

BlackRock deposits 567 BTC and 22,657 ETH into Coinbase

March 17 — Per Onchain Lens monitoring, BlackRock deposited 567 BTC (~$41.78 million) and 22,657 ETH (~$52.40 million) into Coinbase, with potential additional deposits expected to follow.

1 minutes ago

Mainstream Perp DEX Overview: Hyperliquid's Open Interest Continues to Rise, with a 27.8% Increase During the Month

On March 17, data from DefiLlama shows that trading volume on perpetual DEXs (Perp DEXs) has rebounded recently, while open interest across major platforms continues to trend upward. Hyperliquid, in particular, has seen a cumulative 27.8% gain in positions since the start of this month. Below are the latest 24-hour trading volume and open interest figures for leading Perp DEXs: - Hyperliquid: ~$8.45 billion (24h volume); ~$6.99 billion (open interest) - Aster: ~$3.41 billion (24h volume); ~$2.09 billion (open interest) - EdgeX: ~$3.31 billion (24h volume); ~$1.17 billion (open interest) - Lighter: ~$2.47 billion (24h volume); ~$0.793 billion (open interest) - Apex: ~$1.36 billion (24h volume); ~$0.128 billion (open interest) - Pacifica: ~$0.555 billion (24h volume); ~$77.1 million (open interest)

1 minutes ago

Spot Gold Drops Below $5000/Ounce as Whale Opens $3.11 Million Short Position

March 17th Citing HyperInsight monitoring (Telegram: https://t.me/HyperInsight), spot gold prices dipped below $5,000 per ounce—pushing GOLD contract prices on Hyperliquid (https://app.hyperliquid.xyz/join/NTOD) lower in tandem. Currently, the platform’s largest GOLD short position address (0xacb) holds an unrealized profit of $620,000, with a 7% margin and an average entry price of $5,113. Additionally, over the past 30 minutes, another address opened simultaneous short positions in GOLD and SILVER totaling $6.3 million. The average GOLD short price is $5,003, and both positions are in unrealized profit.

1 minutes ago

Whale "Sets 10 Major Goals First" and Profits Over $14.66 Million from BTC, ETH, BNB Long Positions, with Post Saying "Retreat"

On March 17th, crypto contract whale "First Set 10 Big Goals" (@jasonleo) posted a contract order screenshot on X with the caption "Retreat." The screenshot reveals the whale held long positions on BTC (entered at $67,900), ETH (entered at $1,935), and BNB — totaling $14.66 million in profit across the three trades.

1 minutes ago