Two Whale Addresses Increase Holdings by $4M in HYPE Spot Today

March 25 — Goldman Sachs says the recent gold price drop is largely in line with historical patterns, with rising rate expectations and market volatility as the key drivers. Dain Strubin, head of commodity research at Goldman Sachs, said today: “This decline isn’t surprising given our current pricing framework.” The recent gold rally exceeded fundamental expectations, and the partial pullback reflects “a degree of normalization.” Still, Goldman Sachs remains bullish overall, forecasting gold will reach $5,400 an ounce by year-end. Central bank gold buying across governments to diversify assets—specifically, shifting to assets with lower political and financial risk—has provided support for the bullish outlook.

March 25th — Per HyperInsight monitoring (via its Telegram channel at https://t.me/HyperInsight), Ethereum (ETH) continued rebounding after touching $2100 at midnight today. On the Hyperliquid platform during this period: - 10 whales opened long positions, while 4 opened short positions. - Total long position size reached $61.61 million. Key whale details: - Whale with address starting with 0x049: Opened the largest new position — a 20x-leveraged $20.07 million ETH long, with an average entry price of $2160 and a liquidation price of $2095. - Whale with address starting with 0x965: Faces the highest liquidation pressure — a 25x-leveraged $5.75 million ETH long, average entry price $2159, liquidation price $2115 (only ~2% buffer before liquidation).

March 25 Per HyperInsight monitoring, HYPE entered a tug-of-war between bulls and bears today after surging above $40. Two on-chain whales took positions within a narrow range. Over the past hour, the whale with address starting 0xfaa opened a 10x-leveraged short position on HYPE: position size $1.03M, average entry price $40.22, liquidation price $42.17, currently holding a small profit of $5,300 (5%). Additionally, another whale (address starting 0x965) opened long positions at a similar average price over the past few hours: position size $4.7M, liquidation price $38.1, currently holding a floating loss of $33,000 (-7.4%) — setting up a bull-bear showdown with the first whale.

March 25th — Backpack founder Armani noted that the team’s witch-hunt unit is re-evaluating more complex cases, thanking everyone who’s supported our efforts. Yesterday, Armani and the core team were preparing to immediately launch an appeal channel and establish clear rules to best protect user interests. For any device linked to 3 or fewer accounts that was flagged as a “witch,” over 50% of the associated tokens will be returned upon successful manual appeal verification. Additionally, the Backpack team will roll out a special initiative in the coming days to repurchase tokens on the secondary market for targeted compensation to eligible users.

March 25: Per Hyperinsight monitoring (link: https://t.me/HyperInsight), among whales on Hyperliquid with positions exceeding $10 million, the whale with an address starting with 0xedf is nearest to liquidation. Currently, it holds a 500 BTC short position with 25x leverage—equivalent to ~$35.6 million—at an average entry price of $70,274. Its liquidation price is $72,685, roughly 2.1% from being liquidated. The whale has set 18 buy orders totaling ~500 BTC in the $71,240–$72,420 range, intended to reduce its position and stop-loss if BTC climbs into this zone. Simultaneously, it has placed ~200 buy orders below current levels, aiming to take partial profits if BTC falls below $69,500—with downside targets extending to $63,500.

**Binance to Delist Multiple Spot Trading Pairs** Binance will delist and cease trading for the following spot pairs on March 25, with the delisting taking effect at 11:00 UTC+8 on March 27, 2026: - Binance Life/TRY - ALT/BTC - CYBER/BNB - CYBER/ETH - CYBER/FDUSD - JUV/USDC - LSK/BTC - SAND/BTC - VET/BTC The exchange noted it regularly reviews all listed spot trading pairs to protect users and uphold a high-quality market. Delistings may occur due to factors like insufficient liquidity and trading volume.