BlockBeats news, on March 29, according to monitoring by HyperInsight, "Brother Magic" Huang Licheng continues to increase his long positions, with a total position exceeding 15 million USD, the current positions are as follows: ETH long position valued at 10.85 million USD, opening price 2,041.14 USD; BTC long position valued at 3.71 million USD, opening price 66,720.1 USD; HYPE long position valued at 610,000 USD, opening price 38.8 USD.

BlockBeats news, on March 27, according to Onchain Lens monitoring, "Magic" has once again deposited 500,000 USDC into HyperLiquid to increase its 25x leveraged ETH long position.

Particle Network partners with Privy, Dynamic, and Magic Labs to launch a Universal Accounts upgrade solution based on EIP-7702 on March 25, enabling developers to directly upgrade user EOA wallets to Universal Accounts, providing features such as unified cross-chain balances and seamless cross-chain transactions.

ChainCatcher reports that, according to Hyperinsight monitoring, the crypto market experienced a rapid decline this afternoon at 16:00, with Ethereum dropping over 2% in a short period. During this time, some long positions on Magic Ethereum were partially liquidated again. As of press time, the 25x ETH long position has been reduced to only 1,360 ETH, with the liquidation price dropping to $1,929.

Magic Eden announces it will shut down Ethereum EVM and Bitcoin trading services on March 9, and will focus on the Solana ecosystem and crypto gambling Dicey in the future. This move marks a strategic restructuring, aiming to transform in response to market changes and concentrate on growth potential.

Magic Eden will shut down its Bitcoin and EVM markets and cease support for multi-chain wallets. The related services are expected to close in early March, and cross-chain wallet services will stop in early April, but support for NFTs and assets on Solana will continue.