TradeXYZ Lists KOSPI 200 Index
On April 10, TradeXYZ announced the listing of KR200, with support for up to 20x leverage.
The Korea 200 (KR200) is a Korean Won (KRW)-denominated, market-cap-weighted index tracking the top 200 leading stocks in Korea, serving as one of the primary benchmarks for the Korean stock market. Its associated oracle directly tracks the index’s KRW-denominated portfolio without currency conversion.
As a quanto derivative, KR200’s KRW profits and losses (P&L) will settle in USDC.
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Iranian State Media Denies Rumors of Travel to Talks in Bahrain
April 10 — Iran’s Tasnim News Agency, citing an informed source, reported Wednesday that Foreign Minister Araghchi and Parliament Speaker Kalbasi have not left Iran. Both senior officials remain in Tehran and are actively fulfilling their national duties amid the evolving regional situation.
The source labeled as “completely false” claims that an alleged Iranian negotiation team arrived in Islamabad, Pakistan, to meet with U.S. officials. “As long as the U.S. fails to honor its commitment to a ceasefire in Lebanon and the Zionist regime continues its attacks,” the source emphasized, “negotiations will stay stalled.”
Earlier, The Wall Street Journal had reported the Iranian delegation landed in Islamabad on Thursday night.
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Announcement: The US Department of Labor will release the March CPI data tonight at 8:30 PM
On April 10, the U.S. Department of Labor will release March U.S. CPI data tonight at 8:30 PM Beijing time. The report includes the unadjusted March CPI year-over-year (YoY), adjusted CPI month-over-month (MoM), adjusted March core CPI MoM, and unadjusted core CPI MoM—this release could spark market volatility.
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A Whale Makes Big Bet by Shorting Oil, Total Position Reaches $74.66 Million
Per LookOnChain monitoring as of April 10th, whale wallet 0x9D32 is aggressively shorting crude oil, with a total position size of $74.66 million. This includes:
- 39,900 contracts of xyz:CL (≈$37.95 million)
- 39,000 contracts of xyz:BRENTOIL (≈$36.71 million)
Liquidation levels for the positions are set at $141.23 for xyz:CL and $141.60 for xyz:BRENTOIL.
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Two addresses suspected of belonging to the same entity deposited 18.58 million RAVE to Bitget before the RAVE price spike.
On-chain analyst Ai Auntie (@ai_9684xtpa) noted on April 10th that two addresses suspected of belonging to the same entity deposited 18.58 million RAVE tokens to Bitget 10 hours ago—right around the start of RAVE’s price surge.
At the time of the deposit, RAVE was trading at just $0.43, putting the holding’s value at $8 million. Now, with RAVE priced at $1.027, the tokens have appreciated to $19.08 million.
The funds in the two addresses came from two sources: Bitget withdrawals and the RAVE token deployment address.
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Yesterday, a whale who heavily shorted BTC was liquidated with a $43.3 million margin, becoming the top-ranked largest single liquidation on the entire network.
On April 10, per HyperInsight monitoring, after Bitcoin (BTC) rebounded above $72,000, a whale address starting with 0x2fc triggered the liquidation of a 40x-leveraged BTC short position twice in a row at 11:00 PM last night. A total of 423.4 BTC was liquidated, worth approximately $30.5 million. One of the liquidations hit $24.4 million—making it the largest single liquidation across the entire network in the past 24 hours. The short position was opened at 5:00 PM yesterday.
Following the liquidations, the address quickly opened another 40x-leveraged BTC short position with 176 BTC (worth roughly $12.83 million) and was liquidated again at 7:00 AM this morning, once more ranking as the day’s largest liquidation. The total value of the two liquidations exceeded $43.3 million, resulting in a $580,000 loss.
Currently, the address has opened a 40x-leveraged short position for the third time. However, its funds have been significantly depleted after the two prior liquidations, so it
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