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

2025.03.24 10:48:17

On March 24th, Arthur Hayes, the co-founder of BitMEX, posted and stated, "I am confident that Bitcoin will reach a level above $110,000 before it retests $76,500." The reason for this is that the Federal Reserve is shifting from a tightening monetary policy (QT) to quantitative easing (QE), with a focus on government bonds. And tariffs are not significant because of "transitory inflation," as Powell stated.
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The ETH iron-headed bulls successfully completed a T trade and plan to submit another order to buy back 10,000 ETH.

On-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the diehard bull address holding a long position of 120,000 ETH closed out 40,000 ETH at an average price of $2,513 this morning, generating a profit of $9.897 million. Another address linked to the same entity has resumed adding to its long position, having already acquired 9,021 ETH, with pending orders indicating plans to add another 10,000 ETH. Currently, the three addresses under this entity hold a combined total of 59,000 ETH in long positions, with an unrealized profit of $8.73 million.

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Stablecoins' total market cap rises to $303 billion, up 0.74% over seven days.

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An ETH whale that opened a position in February is suspected of liquidating its entire position, booking a profit of $1.68 million.

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View: The market will not rise in a straight line, but crypto volatility is returning as expected.

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Cathie Wood: Get ready for the 'big rally' — Bitcoin still has a bullish target of $1.5 million

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Top Loser in Binance's 30-Day Live Futures Trading Closes Out Short Positions, Incurring a Net Loss of $3.46 Million

According to on-chain analyst Ai Yi (handle @ai_9684xtpa)’s monitoring, Binance futures live trading account "Jiujiu Jin" ranks first on the platform’s 24-hour, 7-day, and 30-day loss leaderboards. The account once held a short position of 250 BTC with an average entry price of $63,592, and closed the position at an average price of $77,758.91 at 8:15 AM today, incurring a total loss of $3.46 million.

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