Meta's flagship Metaverse product will no longer support Quest VR headset user access
March 18th — Meta Platforms announced Tuesday (per Bloomberg) that Meta Quest headset users will lose access to Horizon Worlds — the virtual space for avatar meetups and activities — starting June 15th. This marks another retreat from the company’s once-core "metaverse" push under Mark Zuckerberg.
Key changes taking effect June 15:
- Quest users can no longer create, publish, or update VR worlds on the headset, nor access them via Horizon Worlds.
- Users may still access these virtual worlds through the Meta Horizon app.
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"The 'ZEC Maximalist Short' has closed out additional short positions of approximately $1 million, bringing the total position size to $4.78 million."
March 18th — Per HyperInsight monitoring (via https://t.me/HyperInsight), the leading ZEC short address (0xd475...) took action again overnight and this morning, continuing to average down on its ZEC short position by roughly $1.01 million. The position was initially opened on March 10th.
Currently, this 5x-leveraged ZEC short holds ~17,157 coins (valued at ~$4.78 million) with an average entry price of $231.7. The position now sits on an $800,000 floating loss (-84%).
This address frequently engages in "short battles" with ZEC positions: it previously began shorting ZEC at the $184 level and continuously rolled over the position. At one point, it endured a massive $21 million floating loss but later turned the losing position profitable through long-term holding and averaging down. The address also holds a $35 million ETH short position, signaling an overall bearish stance.
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Due to the international oil price drop, the 27.8 million barrels short position of the "Abraxas Capital" oil major has turned from a loss to a profit
On March 18th, **HyperInsight monitoring** (via https://t.me/HyperInsight) reported that international oil prices declined—WTI crude oil plunged over 3% intraday, while Brent crude dropped more than 2%.
Subsequently, the CL (WTI crude oil) contract on the **Hyperliquid** platform (link: https://app.hyperliquid.xyz/join/NTOD) fell below the $93 mark, currently trading at $92.4.
This latest drop has turned the positions of the largest on-chain oil bear, **Abraxas Capital**, from loss to profit. The firm has been gradually building its position since the night of March 16th, continuing to add to it through last night, with a total position size of $27.8 million. Details are as follows:
- **Abraxas Capital’s main address (0x5b5):** 10x-leveraged CL short position, $13.5 million, average entry price $93.1, unrealized gains $120,000.
- **Abraxas Capital’s sub-address (0xb83):** 10x-leveraged CL short position, $14.3 million, average entry price $93.3, unrealized gains $170,000.
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U.S. Natural Gas experiences a sudden 3.6% pullback, triggering the largest long liquidation of 1.85 million in on-chain NATGAS positions
March 18th — Per Hyperinsight monitoring (via
their Telegram channel), U.S. natural gas prices temporarily dropped 3.6% intraday, logging an 11.6% cumulative decline over the past week. The commodity was last trading at $2.91 on Hyperliquid.
The largest on-chain NATGAS long position address (0xd50) was liquidated twice after prices fell below $2.91, and has now been fully liquidated. Total liquidation volume reached 638,364 contracts, equivalent to $1.856 million, with a total loss of $200,000.
Additionally, this address currently holds an ~$8 million short position in BTC, plus long positions in crude oil and gold of similar size as part of a hedging strategy. However, BTC’s recent outperformance relative to most assets has resulted in losses on both its long and short positions.
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Bybit Co-CEO Helen Li announced the launch of the all-in-one digital financial compliance platform ABFinance.
March 18: Former Bybit Co-CEO Helen Liu shared a post on social media, stating, “I will launch ABFinance—a one-stop platform offering deposit, yield, trading, and spending services, acting as a bridge between fiat and cryptocurrency assets. Since day one, ABFinance has been building trust under a robust U.S. licensing framework. Join ABFinance today and become a pioneer in digital finance.”
Earlier reports noted that Bybit had announced Co-CEO Helen Liu would step down on April 30, 2026, to pursue personal entrepreneurship.
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