A Whale Shorting ETH with 50x Leverage is Already Up Over $78 Million

On March 4th, according to GMGN market data (accessible via https://t.me/GMGN_sol_bot?start=i_m4TE56o8), only one project in pump.fun graduated to have a market cap exceeding $1 million within the past 24 hours, and the on-chain speculative fervor has significantly cooled down.

On March 4th, the Web3-focused top accelerator Web3Labs recently concluded a new round of strategic financing. This round was led by emerging investment groups such as Avenir Group, Mirana Ventures, OSL Group, and Gao Feng Innovation Venture Capital, which are four Web3 investment institutions. The funds from this financing round will be mainly used to strengthen global ecosystem construction, deepen the integration with the ecosystem of international mainstream trading platforms, and leverage professional financial service capabilities to inject new impetus into the Web3 ecosystem. After the financing, Web3Labs will comprehensively upgrade its ecosystem service system. On one hand, it will cooperate with top-tier trading platform partners to create a full-cycle acceleration platform covering project acceleration and primary market investment. On the other hand, it will actively explore ways to integrate with the traditional market. In addition, Web3Labs has started discussions with m

On March 4th, the economists at Goldman Sachs predicted that when Trump imposed a 25% tariff on imports from Canada and Mexico and a 10% tariff on energy imports from Canada, it would lead to a 0.6% increase in the core consumer prices in the United States. In a report sent to clients on Monday night, they wrote, "We do not exclude the possibility of suspending the tariffs at the very last moment." "This time, an obvious approach is to extend the deadline to April 2nd so as to align with other planned tariff announcements. If the tariffs come into effect, we think they are unlikely to become a permanent part of the U.S. trade policy. However, it is uncertain how long they will endure." In January, the U.S. core consumer price index excluding food and energy increased by 3.3% year-on-year, while the Fed's preferred PCE index rose by 2.6% year-on-year. (FX168)

On March 4th, based on LookOnChain's monitoring, FTX/Alameda has unbonded 3.03 million SOL today (approximately $4.313 billion), and among them, 24,799 SOL ($3.38 million) has been transferred to Binance.

On March 4th, based on market data, affected by Binance's listing, GPS surged by more than 23% in the short term and is currently trading at $0.161. BlockBeats previously reported that Binance's HODLer airdrop has now launched the 11th project, GoPlus Security (GPS). Binance will list GPS on March 4, 2025, at 21:00 (UTC+8) and open trading pairs for USDT, USDC, BNB, FDUSD, and TRY, applying the seed tag trading rules.

March 4th: As per an official declaration, the Binance HODLer Airdrop has now commenced the 11th project - GoPlus Security (GPS). Users who made purchases of the Capital Gain Coin (fixed-term and/or flexible-term) or On-chain Yield Coin products by using BNB from 08:00 on February 19, 2025, to 07:59 on February 25, 2025 (in UTC+8) will be entitled to receive the airdrop allocation. Binance will list GPS on March 4, 2025, at 21:00 (in UTC+8) and open trading pairs for USDT, USDC, BNB, FDUSD, and TRY in accordance with the Seed Label Trading Rules. The GPS deposit channel will be opened 2 hours after the listing.