Matrixport-associated address increased its ETH long position by 20,000 ETH when the price fell to $2,300, bringing the total value to $153 million with floating profits of approximately $3.5 million. The address has become the largest ETH long holder on-chain and still maintains a large-scale BTC long position.

Gate News, March 19 — According to on-chain analyst @ai_9684xtpa's monitoring, the whale @Jason60704294 (username "First Set 10 Major Goals") closed a short position last night (March 18) during the market decline. The opening price was $74,238.54, the closing price was $71,129.1, and the profit from this single trade was $7.093 million. Previously, this whale's long position trade had yielded a profit of $14.668 million.

Gate News reports that on March 19, Sky co-founder Rune Christensen conducted trading operations on the HyperliquidX platform, using 20x leverage to short the S&P 500 Index (the benchmark index of the US stock market). At the same time, Rune increased the size of his long position in Brent crude oil (the international benchmark for crude oil prices), currently using 7x leverage. Additionally, TWAP orders are running to further increase the position.

Gate News bot message, two wallets identified as "0x554" and "0xF2f," reportedly connected to the same entity, acquired 50,706 ETH using $111.62M USDT at an average price of $2,201. This purchase follows a year of selling activity. Wallet "0x554" spent $61.02M to acquire 27,714 ETH. Wallet "0xF2f"

Algorand Foundation announces layoffs of approximately 25% of its workforce to address the downturn in the crypto market and macroeconomic uncertainties. The layoffs aim to optimize resource allocation and align with long-term development strategies. With the foundation currently having fewer than 200 employees, this move is part of broader workforce reductions across the crypto industry. Algorand will continue to focus on protocol and ecosystem development.

2026-03-18 20:00 to 2026-03-18 20:15 (UTC), ETH price experienced significant volatility with a yield of -0.66%, range price between 2153.01 to 2188.32 USDT, amplitude reached 1.62%. Short-term trading activity was brisk, market attention elevated, and the rapid price decline triggered widespread discussion. The main driving force behind this volatility was selling pressure from on-chain whales concentrating ETH transfers to trading platforms combined with forced liquidations of long positions in the derivatives market. At 20:03 UTC, two large wallets transferred a combined total to

**March 18, 2026, 18:45-19:00 (UTC)**: BTC recorded a -0.72% return rate within 15 minutes, with price fluctuating between 70,946.6 and 71,615.2 USDT, reaching an amplitude of 0.93%. Market attention increased during this period with active trading volume. Short-term selling pressure dominated the market, causing significant short-term volatility. The primary driver of this price movement was the concentration of large on-chain BTC inflows into mainstream exchanges. Two large transfers totaling 2,150 BTC were detected flowing into exchanges during the 18:45-19:00 period, and

Gate News reports that on March 18, Coinglass data shows that the entire network liquidated $122 million in the past hour. Among these, long positions liquidated $118 million and short positions liquidated $3.61 million. By cryptocurrency, ETH liquidations reached $54.45 million and BTC liquidations reached $48.87 million, with the two combined accounting for over 80% of total liquidations.

Gate News Update: On March 18th, Coinglass data shows that the entire network experienced $166 million in liquidations over the past 4 hours. Among these, long position liquidations totaled $154 million, while short position liquidations totaled $11.51 million. Breaking down by cryptocurrency, BTC liquidations reached $53.82 million, and ETH liquidations reached $45.44 million.

Gate News bot message, Trader 0xf4b0 entered a long position on $ASTER following the mainnet launch yesterday. After $ASTER declined, the trader closed the $ASTER long position, resulting in a $183K loss. The trader subsequently opened a long position on 33,367 $HYPE valued at $1.4M. Address: 0xf4b