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Gate.io Launches INIT Perpetual Contract Pre-trading

2025.04.16 13:18:01

On April 16th, according to official information, Gate.io has now initiated pre-market trading of INIT perpetual contracts (settled in USDT), with support for leverage ranging from 1 to 10 times.
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「Sale of 255 BTC」 Whale Simultaneously Increases Long Position in BTC and ETH Shorts, Floating Profit Exceeds $2 Million

March 19: LookOnChain data shows the whale linked to the 255 BTC sell-off has ramped up BTC and ETH short positions further. It currently holds short positions of 1167 BTC (~$81.88M) and 22,540 ETH (~$48.81M) simultaneously, with over $2M in unrealized profits.

3 minutes ago

Binance Wallet: Alpha Blind Box Airdrop will open for claiming today at 6:00 PM (UTC), with a 240-point threshold.

March 19 — Binance Wallet announced in an official statement today that users can claim their Alpha airdrop starting at 18:00 UTC. The event uses the "Alpha Blind Box" format, with the airdrop pool including tokens from multiple projects. Users need at least 240 Binance Alpha Points to claim a reward, which will be distributed on a first-come, first-served basis. If not all rewards are claimed, the points threshold will automatically drop by 5 every 5 minutes.

3 minutes ago

A certain whale with a $49 million position bet on HYPE underperformed BTC, with the combination experiencing a two-way loss of $700,000 during the pullback period

**March 19th — Per data from Coinbob Popular Address Monitor, whale address 0x939 (known for “longing BTC, shorting altcoins amid market drops”) has rebalanced its BTC/HYPE pair hedge:** - Went long on $29.4M worth of BTC at an average entry price of $70,562 - Simultaneously shorted $19.7M worth of HYPE at an average entry price of $39 **But amid today’s market downturn:** - BTC saw a temporary pullback - HYPE declined in tandem but stayed above $40—its retreat was far smaller than BTC’s This pressured both sides of the hedge: the long position’s losses weren’t offset by the short, resulting in a combined loss of ~$700k. **Previously, this address used a similar strategy to reduce positions:** - Longed $50M worth of BTC - Shorted ETH, XRP, ADA, and 8 other tokens That strategy paid off, and its total cycle profit still stands at ~$37.1M.

3 minutes ago

Whale "Sets 10 Major Goals First" to Start Long Position on BTC, with an Average Entry Price of $70,027.66

March 19: Contract whale "Set 10 Big Goals First" (@jasonleo) posted a long position on X—9.437 BTC with 5x leverage, at an average entry price of $70,027.66. Yesterday, a report revealed the same whale closed a $169 million short position, with estimated profits topping $7 million.

3 minutes ago

Morgan Stanley: Delays Fed Rate Cut Expectation to September and December

On March 19, Morgan Stanley has pushed back its expectations for Fed rate cuts to September and December, from its prior forecast of June and September. (FX678)

3 minutes ago

BTC's largest bearish "Strategy Counterparty" rolled over continuously during the pullback period, increasing their short positions in BTC and ETH by $21.2 million.

March 19 — Per HyperInsight monitoring (via their Telegram channel), the "Strategy Whale" address (0x94d3...) ramped up BTC and ETH short positions via position rolls over ~10 minutes, adding 214.60 BTC shorts (~$14.51M) and 3488.85 ETH shorts (~$6.69M). Total short position size now stands at $130M. Post-roll, its BTC short size rose to $81.31M, with an average entry price lowered to $71,159.60. It currently holds $1.738M in floating profit (+85.53%), marking the largest on-chain BTC short position. Its ETH short size now sits at $48.08M, with an average entry price reduced to $2,198.89. Floating profit here totals $1.023M (+53.18%). ### Notes on American English adaptation: - Used **concise phrasing** (e.g., "~10 minutes" instead of "about ten minutes"; "M" for "million" to match crypto/finance brevity). - Replaced literal translations with natural financial jargon (e.g., "ramped up" for "continuously increased"; "

3 minutes ago