News linked to this event type.
According to on-chain analytics platform Lookonchain (@lookonchain), the swing trader address 0x4F51 recently sold its remaining 1,000 ETH for approximately $2.22 million, incurring a loss of roughly $1.44 million on this trade. Since January 27, 2025, this address has executed four swing trades, three of which resulted in losses, accumulating a total loss of $2.45 million.
According to on-chain analyst Onchain Lens (@OnchainLens), a wallet associated with Metalpha deposited 7,200 ETH—worth approximately $15.79 million—into Binance.
According to on-chain analyst Ember (@EmberCN), approximately 116 million ONDO tokens (valued at roughly $30.21 million) have been transferred from the Ondo Finance multisig wallet to Coinbase over the past ~six weeks. The transfer pattern shows a clear regularity: roughly 20 million ONDO tokens are transferred weekly from the multisig wallet to another multisig address, followed by multiple smaller transfers to Coinbase within several days.
According to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet deposited 2 million USDC into HyperLiquid and purchased 49,731 HYPE tokens at a price of $40.22.
According to on-chain analyst Onchain Lens (@OnchainLens), Grayscale staked 83,200 ETH approximately two hours ago, valued at roughly $183 million.
Castle Labs (@castle_labs) published a post stating that the current crypto market is undergoing a profound paradigm shift—speculative models prioritizing extraction are gradually giving way to investment logic oriented toward revenue generation. The article notes that since 2026, the broader crypto market has performed poorly: most assets have seen sustained price declines, ETF funds have continued flowing out, project shutdowns have intensified, and institutional VC investments have grown increasingly conservative. The key catalysts for this shift were last October’s large-scale liquidation event and the ongoing market reflection triggered by gold consistently outperforming Bitcoin. On the revenue data front, among the roughly 5,700 protocols tracked by DeFiLlama, only 3.5% generated over $100,000 in revenue over the past 30 days—and fewer than 1% actually distributed earnings to token holders. The article focuses on top revenue-generating protocols—including Hyperliquid (HYPE), Pumpdotfun (PUMP), Tron (TRON), Sky (SKY), Jupiter (JUP), Aave (AAVE), and Aerodrome (AERO)—analyzing their price-to-sales ratios (P/S) and token holder return metrics. It argues that protocol revenue—and its capacity to feed value back to token holders—is becoming the core metric investors use to evaluate and select projects. Regarding institutionalization trends, traditional financial giants—including NYSE, Robinhood, BlackRock, and Franklin Templeton—
According to ZachXBT’s disclosure, Gurhan Kiziloz—allegedly a co-founder of Spartans—is the mastermind behind Blockdag Network. The project raised over $300 million from retail investors through social media advertisements promoting unrealistic return expectations and fake partnerships. Its token sale lasted for more than two years, and pre-sale funds are suspected to have been transferred out via Middle Eastern over-the-counter (OTC) channels. During this period, Gurhan Kiziloz is accused of spending heavily on luxury items such as high-end cars, real estate, and premium watches. In October 2025, ZachXBT publicly identified him as a genuine co-founder, after which he was blocked by Gurhan Kiziloz; shortly thereafter, Gurhan Kiziloz publicly admitted his involvement. To date, at least 10 to 15 victims have claimed losses tied to this project. ZachXBT advises investors to steer clear of all projects associated with him.
Crypto analyst Ali published a detailed analysis on X, arguing that rather than debating whether Bitcoin has hit its bottom, market participants should focus on whether the current volatility represents a “generation-defining entry opportunity.” Based on long-term trend lines, on-chain liquidity, and cost distribution metrics, Ali delineates the core “value range” for this cycle. On the support side, the UTXO Realized Price Distribution (URPD) shows a significant concentration of coins in the $63,111–$70,685 range, forming the current primary support zone; if price breaks below $63,111, the market may enter a liquidity vacuum. From a long-term perspective, Bitcoin is approaching the key upward trend line from the past decade (approximately $56,000–$60,000), a level historically associated with accumulation phases preceding major rallies.
According to ZachXBT, BitcoinDepot filed an 8-K on April 6, 2026, stating that it discovered the theft of 50.9 BTC on March 23; on-chain tracking shows that 19 high-confidence theft addresses had already transferred a total of 54.45 BTC as early as March 20—3.55 BTC more than disclosed—and the funds ultimately flowed into KuCoin, indicating the company may have detected the anomaly three days late.
According to CoinDesk, as market sentiment improves, the Bitcoin options market is undergoing a notable shift: the $80,000 call option on Deribit has become the most actively traded, with open interest exceeding $1.6 billion—surpassing the previously dominant $60,000 put option (which held approximately $1.41 billion in open interest). Analysts suggest that the recent temporary ceasefire between the U.S. and Iran has driven oil prices lower, easing inflation expectations and potentially strengthening market anticipation of Federal Reserve rate cuts—thereby benefiting risk assets including Bitcoin. Additionally, asset management firm 21Shares stated that, against the backdrop of sustained ETF inflows and rising institutional holdings, Bitcoin could potentially reach $100,000 by the end of Q2—if geopolitical tensions ease further and the regulatory environment improves. However, risks remain: the current ceasefire is fragile, and any escalation in Middle Eastern conflict could trigger a rebound in oil prices, dampening market risk appetite and thereby capping Bitcoin’s upside potential.
According to CoinDesk, Bitcoin is currently trading at approximately $71,200, while Ethereum trades at $2,185; the broader market remains range-bound. Bloomberg analyst Mike McGlone warned that if Bitcoin fails to reclaim $75,000, it risks falling as low as $10,000; conversely, Fundstrat founder Tom Lee believes the market bottom has already been established. In derivatives markets, Bitcoin futures open interest rose to 726,000 BTC, with the 24-hour Cumulative Volume Delta (CVD) remaining positive for two consecutive days and funding rates slightly above zero—indicating an overall bullish bias. In contrast, CVD and funding rates for ETH, XRP, and Solana are marginally negative. The volatility index continues to decline, with the market anticipating price swings of only about 2.5% around Friday’s inflation data release. Among altcoins, MANA and AERO each rose roughly 6%; however, MANA’s gain coincided with a 25% surge in open interest, suggesting leveraged trading drove much of the move. Market participants are closely watching whether Bitcoin can decisively break above and hold $75,000—if achieved, it could trigger capital rotation into oversold altcoin sectors.
According to The Block, Michael Saylor, Executive Chairman of Strategy, stated that Bitcoin may have already bottomed near $60,000, as forced sellers have gradually exited the market. Saylor also expressed skepticism regarding the security threat posed by quantum computing, describing the associated risks as still “theoretical” at present and believing the issue can be adequately addressed in the future—thus warranting no excessive concern.
Binance has announced the completion of the DAI (DAI) token swap and rebranding to USDS (USDS), and has enabled deposits and withdrawals for the new USDS token. Spot trading pairs BTC/USDS, ETH/USDS, and USDS/USDT will go live on April 9, 2026, at 16:00 (UTC+8).
According to CoinDesk, the U.S. March CPI data will be released on Friday. Markets expect the annual growth rate to jump from 2.4% in February to 3.4%, yet Bitcoin markets have reacted calmly. The options market currently prices in only about a 2.5% volatility range, and the BVIV Index (30-day implied volatility) has fallen to 46.5%, its lowest level since January 31. Traders broadly view this release as non-eventful. This CPI report is drawing heightened attention primarily due to energy shocks triggered by the Iran conflict—U.S. gasoline prices surged above $4 per gallon in March, the first time since August 2022. Multiple analysts note that softer-than-expected data could revive rate-cut expectations, while hotter data would reinforce the “higher-for-longer” interest-rate narrative—exerting an asymmetric impact on crypto markets.
Bitget has launched a new edition of CandyBomb with a total prize pool of 600,000 NIGHT tokens. New users can earn up to 6,000 NIGHT tokens each by completing tasks such as net deposits and futures trading. Detailed rules have been published on the official Bitget platform. Eligible users must click the “Join Now” button to register in order to participate. The campaign ends on April 16 at 19:00 (UTC+8).
According to Cointelegraph, blockchain analytics firm Chainalysis released a report stating that stablecoin-adjusted transaction volume is projected to reach $719 trillion by 2035—marking a substantial increase from $28 trillion in 2025. If two major macro catalysts align, this figure could double further to $15 trillion, surpassing the current annual global cross-border payment volume of approximately $10 trillion. The two catalysts are: (1) the transfer of over $100 trillion in wealth from the Baby Boomer generation to younger, crypto-native generations; and (2) stablecoins fully replacing traditional payment rails as the default payment infrastructure. Rachael Lucas, an analyst at Australian crypto exchange BTC Markets, noted that strategic moves—including Stripe’s acquisition of Bridge and Mastercard’s partnership with BVNK—are concrete steps forward. Coupled with regulatory clarity provided by the GENIUS Act, institutional participation is expected to expand significantly.
According to on-chain analyst Onchain Lens (@OnchainLens), the Royal Government of Bhutan transferred 319.7 BTC (valued at approximately $22.67 million) to two wallets: one is a new wallet, suspected to be an exchange wallet; the other is an older wallet previously used for fund transfers and sales via OKX or Galaxy Digital.
According to on-chain analyst PeckShield (@PeckShieldAlert), the attacker established a $15 million long position in $Fartcoin (totaling 145.24 million tokens) on Hyperliquid using four wallets. Subsequently, in a low-liquidity environment, the attacker deliberately triggered a “suicidal” liquidation, forcing activation of the ADL (Automatic Deleveraging) mechanism. As a result, the HLP liquidity pool was compelled to absorb toxic assets, generating bad debt and incurring approximately $3 million in paper losses. The HLP has lost roughly $1.5 million within the past 24 hours. PeckShield noted that the attacker likely executed cross-market hedging strategies in advance, meaning the actual net profit may significantly exceed the reported paper loss figure.
WEEX Exchange announces the upcoming Ultima (ULTIMA) zero-fee trading campaign. Users participating in ULTIMA trading can also share a 30,000 USDT airdrop. Campaign Period: April 9, 17:00 – April 16, 17:00 (UTC+8). During the campaign: - New users who make a net deposit of ≥100 USDT and execute their first spot trade in ULTIMA will receive a 10 USDT bonus. - New users whose cumulative futures trading volume reaches ≥10,000 USDT with at least two trades will receive a 5 USDT trial fund. - Returning users trading ULTIMA spot will receive exclusive red envelopes worth 15–100 USDT, based on their trading volume. - Both new and existing users with ULTIMA spot trading volume ≥100 USDT will be eligible to share a 10,000 USDT prize pool, allocated according to trading volume rankings.
According to Reuters, several hours before the U.S.-Iran ceasefire agreement was announced, investors sold 8,600 contracts of Brent and WTI crude oil futures at 19:45 GMT on Tuesday, placing short bets totaling approximately $950 million. Later that evening at 22:30 GMT, U.S. President Trump announced a two-week ceasefire agreement with Iran, prompting crude oil futures prices to plunge roughly 15%, falling below $100 per barrel. Notably, such large-scale trades are typically distributed across multiple exchanges to avoid price impact; however, this single, concentrated trade executed after settlement was highly unusual. This pattern mirrors a similar operation on March 23, when investors dumped approximately $500 million worth of crude oil futures just 15 minutes before Trump announced the postponement of strikes against Iran’s energy infrastructure—after which oil prices also plunged 15%.