During the ETH pullback, a whale liquidated a 6.5 million long position and increased their position at an average price of $2043.

March 31st — Per HyperInsight monitoring (https://t.me/HyperInsight), Bitcoin (BTC) pulled back, dragging Ethereum (ETH) slightly lower. The “high-position unwinding ETH whale” (address 0x338) was forced to sell 500 ETH each time prices neared key decimal points of the settlement price. As of press time, it has sold 2,500 ETH consecutively, worth roughly $5.1 million, pushing the settlement price down from $2,046 to $2,030. Following ongoing position cuts, the address now holds a 25x leveraged ETH long position, with holdings dropping from 8,572 to 6,072 ETH (valued at ~$12.36 million). Its average entry price is $2,039; the position has flipped from profitable to unprofitable, with a floating loss of ~$18,000 — just 0.29% away from liquidation. The address opened a long position amid this morning’s ETH rally, adding to the position as it held floating profits until prices hit $2,089. This passively lifted its liquidation price to $2,046, creating an inversion between the liquida

**March 31 Update** Amid a short-term pullback, Bitcoin (BTC) dropped below $67k early today, hitting a low of $66,600, per Hyperinsight monitoring. In nearly an hour, roughly $12.68 million in total BTC liquidations were recorded across the network—99% of which were long positions. On Hyperliquid, a whale with an address starting with 0x9bb faced two major liquidations near $66,730: totaling 117.6 BTC (worth ~$7.85 million), which accounted for 62% of total network liquidations in the same window. It’s the day’s largest single on-chain liquidation address. Reports indicate the position was opened earlier today in a bullish bet. As of now, all of the whale’s BTC long positions have been liquidated—resulting in a ~$121k loss, with a cumulative weekly loss of ~$275k. This same address was liquidated on March 19 when BTC dropped below $70k: 192.4 long positions were closed out (worth ~$13.5 million), making it that day’s largest single on-chain liquidation address. After two

March 31 — Bitget has announced the launch of TQQQ (Nasdaq 100 ETF Triple Bull) and SQQQ (Nasdaq 100 ETF Triple Bear) on its stock contracts, in response to market demand for trading U.S. tech sector assets. These contracts support up to 20x leverage. For full details, please refer to Bitget’s official platform.

March 31: KB Card—one of South Korea’s largest credit card firms—announced a partnership with Avalanche to launch a hybrid stablecoin credit card payment model. Leveraging KB Card’s hybrid payment patent, the model integrates stablecoins with traditional credit cards: Users can link their digital wallets to existing credit cards, prioritize stablecoin balances for payments, and have any remaining amount automatically deducted from their credit cards. KB Card also revealed a collaboration with digital asset infrastructure firm OpenAsset to build a full stablecoin system covering recharge, payment, and settlement. This will lower barriers to stablecoin use while preserving credit card rewards and perks. South Korea is currently ramping up its won-denominated stablecoin market. The country’s “Digital Assets Basic Act” is expected to establish a regulatory framework this year, with multiple banks and payment providers preparing related products.

On March 31st, Bitcoin dropped below $67,000, per HTX market data, with a 1.1% decline over the past 24 hours.

March 31 — Per OnchainLens data, a recently created wallet has withdrawn 1,000 Bitcoins (valued at $67.25 million) from Binance.