Arthur Hayes: I bet that Bitcoin will surpass $110,000 before retracing to $76,500

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March 31 — Per OnchainLens data, a recently created wallet has withdrawn 1,000 Bitcoins (valued at $67.25 million) from Binance.

March 31 — Digital asset services firm Keyrock has closed a Series C funding round led by SC Ventures (Standard Chartered Bank’s venture capital arm), with participation from existing backer Ripple. The post-money valuation now stands at $1.1 billion. The round remains open, with a potential total raise of up to $100 million. Keyrock said the proceeds will go toward bolstering its balance sheet, expanding its service offerings, and fueling mergers and acquisitions (M&A) activity. Currently, the firm provides market making, asset management, OTC trading, and options services, operating across more than 80 trading platforms.

On March 31, Onchain Lens monitoring data shows the Bhutanese government transferred 325 BTC valued at $25.19 million. The address had previously sent BTC to a Galaxy Digital wallet, suggesting a potential sale.

March 31st: Per HyperInsight monitoring data (link: https://t.me/HyperInsight), ETH’s price broke above $2090 on high volume before coming under pressure. A whale wallet starting with 0x4ce opened a long position, first establishing a 9x-leveraged ETH long with an entry price of $2063. Within the next 10 minutes, the whale added to the position, increasing holdings by 3208 ETH at $2043—valued at roughly $6.55 million. After two rounds of position building, the total position now totals $13.68 million, with a weighted average entry price of $2052, a liquidation price of $1852, and a minor floating loss of approximately $21,000. The address’s remaining margin is now under $50,000, leaving little room for further position increases in the short term.

**Binance Update: Trading Pairs to Be Delisted on April 2** On March 31, Binance announced it will delist the following trading pairs at 11:00 AM Eastern Time (ET) on Tuesday, April 2: ALT/BNB, ARB/TUSD, BNB/ARS, GALA/ETH, INJ/BNB, SOLV/FDUSD, and XRP/TUSD. This aligns with U.S. news style: clear headline, specific time zone (critical for U.S. audiences), concise context, and scannable formatting.