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Circle minted 250 million USDC on the Solana network 6 hours ago

2025.03.24 10:08:29

On March 24th, as monitored by Whale Alert, Circle minted 2.5 billion USDC on the Solana network 6 hours ago. As of now, by 2025, Circle has minted a cumulative total of 10.75 billion USDC on Solana.
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Solana Ecosystem Meme Coin neet Market Cap Surges to $27 Million, 24-hour Growth Reaches 36%

As of February 27th, per GMGN monitoring, the market cap of Solana ecosystem meme coin NEET has risen again early this morning. Currently, it stands temporarily at $27.6 million, with a price of $0.0276—marking a 36% gain over the past 24 hours and over $2.1 million in trading volume during the same period. Prior to this, the meme coin had dropped to a market cap of under $7 million on February 12th before rebounding, and it has extended those gains this morning. BlockBeats notes that meme coin trading carries extreme volatility, relying largely on market sentiment and speculative hype rather than actual value or utility. Investors are advised to exercise caution amid these risks.

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Godzilla Fish: AI's true disruption is not individual skills, but enterprise organizational structure

On February 27th, Shen Yu—co-founder and CEO of crypto custodian Cobo—stated in a social media post that for the past 200 years, the core of business management has essentially boiled down to one thing: turning people into cogs revolving around Standard Operating Procedures (SOPs). With the rise of AI agents, he argued, trying to shoehorn AI into outdated processes to handle menial tasks is a recipe for failure. What AI truly disrupts is not skills, but organizational structure—not just how work gets done, but who does what and how teams operate. Larger enterprises face increasingly complex SOPs, as these documents are essentially “algorithms designed for human execution.” To avoid errors and liability, big firms keep patching SOPs, creating a rigid bureaucratic web. Forcing autonomous, planning-capable AI agents into this structure will only spark internal power struggles, he noted. The breakthrough? Ditch rigid SOPs and design workflows around AI agents instead. Restructure

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The top on-chain HYPE long whale "Loracle" liquidated a HYPE position for a profit of 5.09 million, and has now switched to a 4 million long position in NVIDIA.

**Feb. 27** Per Coinbob Popular Address Monitoring (source: https://t.me/Coinbob_track_CN), the "Hyperliquid early contributor Loracle" has closed all HYPE long positions after six straight days of gradual reduction, realizing total profits of approx. $5.09 million. The position was opened on Jan. 12 at an average entry price of $22. During its holding period, it hit a peak size of $52 million as HYPE’s average price climbed to $24.55, topping $16 million in unrealized profit at one point and briefly holding the title of HYPE’s largest on-chain long position. After HYPE’s price fell below $30, the address began taking profits incrementally via high-frequency small orders, fully exiting the position. Following the HYPE liquidation, the whale opened a 1x leveraged long position in NVDA (Nvidia perpetual contracts) this morning, building a base position of ~$4 million at an average entry price of $185.4. It also retains a 5x leveraged long position in PAXG (on-chain gold) worth ~$

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Current mainstream CEX, DEX funding rate displays the market shifting back to overall bearish sentiment

On February 27th, Coinglass data shows that as Bitcoin posted a slight pullback while staying range-bound volatile, funding rates across major centralized (CEX) and decentralized (DEX) exchanges have shifted back to bearish market-wide. Funding rates for key cryptocurrencies are as shown in the attached image. BlockBeats Note: Funding rate is a fee set by crypto exchanges to align perpetual contract prices with underlying asset values. It’s a fund transfer mechanism between long and short traders—**the platform does not charge this fee itself**. It adjusts the cost or profit of traders holding contracts to keep contract prices in line with underlying assets. - A 0.01% rate is the baseline. - Rates above 0.01% signal a generally bullish market. - Rates below 0.005% indicate a bearish market. ### Notes on American language habits: 1. **Conciseness**: Uses short, punchy sentences (e.g., "posted a slight pullback" instead of longer phrasing) and bullet points for clarity (c

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Cryptocurrency Fear and Greed Index Rises to 13, Market Still in "Extreme Fear" Territory

**February 27 Update** Per alternative data, today’s cryptocurrency Fear & Greed Index stands at 13 (down from 11 yesterday), signaling the market remains in "extreme fear" territory. Note: The index ranges from 0 to 100, with components including: - Volatility (25%) - Market Volume (25%) - Social Media Hype (15%) - Market Surveys (15%) - Bitcoin’s share of total market cap (10%) - Google Trends Analysis (10%)

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Whale Trader "pension-usdt.eth" Accumulates $67.3M BTC Long Position, Now Largest On-Chain Long

On February 27th, per Coinbob Popular Address Tracker data, the swing-trading whale "pension-usdt.eth" continued building positions with 3x leverage and kept adding to its BTC long positions near $66,500 after BTC pulled back below $67,000 overnight and this morning. The whale’s current BTC long position size now stands at $67.3 million, with an average entry price of $66,860, boasting an unrealized profit of roughly $440,000—making it the largest on-chain BTC bull. This whale typically uses low leverage and short holding cycles (average ~30-hour holding period) to take large positions in BTC and ETH, targeting steady swing trading profits. Since last October, its cumulative profits have topped $24 million.

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