After HYPE surged past $40, the long and short game intensified, with two whales briefly opening million-dollar long and short positions simultaneously.

**Bitget to List Perle (PRL) on March 25** - **Deposits**: Now open - **Trading**: Launches March 25 at 7:00 PM UTC+8 - **Listing Zones**: Innovation Zone + AI Zone This rewrite uses American English conventions (12-hour time format, concise bullet points for clarity, natural phrasing like "launches" for trading activation) while retaining all core info.

March 25th — South Korea’s financial regulator has released new data showing crypto outflows from domestic exchanges to overseas platforms and private wallets hit roughly $60 billion in the second half of 2025, marking a 14% jump from the first half (about $52.5 billion, equivalent to 78.9 trillion KRW). Despite growth in user counts and deposits on local exchanges, overall profitability fell. As of the end of 2025, the number of crypto exchange accounts in South Korea reached 11 million, up 3% from June 2025. Deposits surged 31% to 81 trillion KRW (around $5.4 billion). However, that growth did not translate to higher profits. Operating profit for the country’s 18 exchanges totaled 380.7 billion KRW (≈$253.4 million) in H2 2025, a sharp 38% drop from the first half’s 617.8 billion KRW (≈$411.2 million). South Korea’s Financial Services Commission estimates the total crypto market value in the country stood at around 87.2 trillion KRW (≈$58 billion) at the end of 2025, down 8% fr

March 25: Per HyperInsight monitoring (https://t.me/HyperInsight), a whale with an address starting 0xcab opened a 25x leveraged ETH long position during a short-term price surge. The position size totals $8.7 million, with an average entry price of $2,184. It currently shows a small loss of $5 million (-1%), and the liquidation price is set at $2,127.

On March 25, Japanese Bitcoin custodian Metaplanet announced the launch of the "Metaplanet Card"—a shareholder-exclusive credit card set to debut this summer. Cardholders will automatically earn 1.6% cashback in Bitcoin on everyday purchases, converting every card transaction directly into a Bitcoin investment.

Fluid, a DeFi protocol, announced on March 25 that it’s continuing debt repayment efforts tied to the Resolv hack until all affected users’ funds are fully recovered. To date, roughly $70 million in USR-related debt across BNB Chain and Plasma Chain has been repaid, with the remaining balance set to be settled in the coming days. Additionally, a governance proposal has been submitted to transfer the remaining USR debt position to a team multisig address—this move aims to facilitate further resolution with the Resolv Labs team. A compensation plan for all impacted users will be announced soon. The platform is currently operating normally, and user funds remain secure.

March 25: Bitunix officially launched three USDT-margined perpetual contracts: SPY (S&P 500 ETF), QQQ (Nasdaq 100 ETF), and CL (Crude Oil), with up to 20x leverage. With these new additions, Bitunix’s TradFi segment now covers 14 traditional asset classes—including stock indices, commodities, tech blue chips, and crypto-related stocks. Users can trade cross-market derivatives on a single platform, no traditional brokerage account required.