A whale withdrew 7.5 million ASTER from Binance after 6 months of inactivity, equivalent to around 5.02 million US dollars

March 27: Per Onchain Lens data, a whale has again deposited 500,000 USDC into HyperLiquid to boost its 25x-leveraged ETH long position.

March 27 — The Wall Street Journal reports Australia’s Federal Court has ordered Binance’s local derivatives arm to pay an additional AUD 10 million (roughly USD 6.9 million) in fines. This fine adds to the approximately AUD 13.1 million in compensation Binance already paid to affected customers by 2023. Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), found the unit misclassified 524 retail investors as wholesale clients between July 2022 and April 2023. That exposed the investors to high-risk derivatives without consumer law protections, leading to over AUD 12 million in losses and costs. ASIC Chair Joe Longo said the ruling is a clear warning to financial services providers operating in Australia. A Binance spokesperson noted the issue was resolved in 2023. Its affiliated subsidiary Oztures has since shuttered its derivatives business and surrendered its license.

March 27 — Whale address 0x4e6b has withdrawn 20,000 ETH (≈$41.26 million) from Binance just 30 minutes ago, per LookOnChain monitoring data.

On March 27, data from Coinglass shows that if Bitcoin falls below $66,000, the cumulative long liquidation intensity across major centralized exchanges (CEXs) will reach $607 million. Conversely, should Bitcoin climb above $69,000, the cumulative short liquidation intensity for these mainstream CEXs will hit $638 million. BlockBeats Note: Liquidation charts do not show the exact number of contracts facing liquidation or their precise value. Instead, the bars on these charts reflect the importance of each liquidation cluster relative to its neighboring clusters—i.e., their intensity. Accordingly, the chart illustrates how significantly the underlying asset’s price will be impacted when it hits a specific level. A taller "liquidation bar" means the price will trigger a more intense reaction upon reaching that level, driven by a liquidity cascade.

March 27: Bitcoin dropped below $68,000, posting a 3.02% 24-hour decline, per HTX market data.

On March 27, BeatSwap teamed up with its official partner TaskOn to launch a BTX trading competition, aimed at boosting trading activity across centralized (CEX) and decentralized (DEX) exchanges. The event includes CEX trading contests on Gate.io and MEXC, plus a multi-day DEX trading competition. Participants will be ranked by trading volume, with higher rankings earning larger rewards. BTX is currently listed on multiple global exchanges—including Binance Alpha, Gate.io, and MEXC. BeatSwap also noted it’s preparing to expand its market reach by listing on additional global exchanges.