Cryptocurrency Market Maker Flow Traders Expands into Tokenized Assets Space with 24/7 OTC Market Launch

On March 19, the Swiss National Bank held its benchmark interest rate steady at 0%, matching market expectations, marking the third straight hold. (Xinhua News Agency)

**March 19: Crypto.com CEO Flags AI Integration as Make-or-Break; 12% Targeted Layoffs Announced** Crypto.com co-founder and CEO Kris Marszalek said on March 19 that the company is joining firms integrating AI across its entire operations. “Companies that don’t complete this shift immediately will fail—those that move slowly will be left behind,” Marszalek stated. “But firms that act fast and pair cutting-edge AI tools with top talent will unlock previously unimaginable scale and efficiency. This is the path we have to take.” As part of the transformation, Crypto.com is conducting targeted layoffs affecting roughly 12% of roles—positions that don’t align with the new AI-focused environment. All impacted employees have been notified and are receiving support resources to aid their transition. “We’re deeply grateful for the contributions of our departing colleagues,” Marszalek added.

March 19: LookOnChain data shows the whale linked to the 255 BTC sell-off has ramped up BTC and ETH short positions further. It currently holds short positions of 1167 BTC (~$81.88M) and 22,540 ETH (~$48.81M) simultaneously, with over $2M in unrealized profits.

March 19 — Binance Wallet announced in an official statement today that users can claim their Alpha airdrop starting at 18:00 UTC. The event uses the "Alpha Blind Box" format, with the airdrop pool including tokens from multiple projects. Users need at least 240 Binance Alpha Points to claim a reward, which will be distributed on a first-come, first-served basis. If not all rewards are claimed, the points threshold will automatically drop by 5 every 5 minutes.

**March 19th — Per data from Coinbob Popular Address Monitor, whale address 0x939 (known for “longing BTC, shorting altcoins amid market drops”) has rebalanced its BTC/HYPE pair hedge:** - Went long on $29.4M worth of BTC at an average entry price of $70,562 - Simultaneously shorted $19.7M worth of HYPE at an average entry price of $39 **But amid today’s market downturn:** - BTC saw a temporary pullback - HYPE declined in tandem but stayed above $40—its retreat was far smaller than BTC’s This pressured both sides of the hedge: the long position’s losses weren’t offset by the short, resulting in a combined loss of ~$700k. **Previously, this address used a similar strategy to reduce positions:** - Longed $50M worth of BTC - Shorted ETH, XRP, ADA, and 8 other tokens That strategy paid off, and its total cycle profit still stands at ~$37.1M.

March 19: Contract whale "Set 10 Big Goals First" (@jasonleo) posted a long position on X—9.437 BTC with 5x leverage, at an average entry price of $70,027.66. Yesterday, a report revealed the same whale closed a $169 million short position, with estimated profits topping $7 million.