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- 07:16A smart money address spent 4.43 ETH to buy 1.92 billion DRB, achieving a return rate of 5243%According to @ai_9684xtpa's monitoring, a smart money address (mushroomgirl.eth) made nearly $510,000 in unrealized gains through DRB transactions, with a return rate of 5243%. Four days ago, when the market value of DRB was $500,000 - just one hour after going live - this address spent 4.43 ETH (about $9,719) to buy 19.2 billion tokens at an approximate cost of $0.000005029 each. This morning when the market value broke through $40 million dollars, its unrealized gain reached as high as $795,000 but there has never been any selling activity from this address.
- 07:14A certain whale added 3.485 million USDC as margin, reopening a 50x leveraged ETH long position againAccording to Auntie Ai's monitoring, the "Hyperliquid 50x Leverage Profit Whale" has once again opened a 50x ETH long position. This whale deposited 3.485 million USDC into their account as margin just 2 minutes ago. The current position of this whale has increased to 21,790.74 ETH, with the value of the position rising to $40.85 million USD.
- 07:14Matrixport: Bitcoin dominance hits a new cycle high, seasoned traders have rotated back from altcoins to BitcoinOn March 12, Matrixport released a chart showing that Bitcoin's dominance has soared to a new high for this cycle, breaking through the previous peak to reach 61.2%, clearly indicating that the altcoin rebound was extremely brief. The data shows that this round of altcoin market only lasted about a month, starting from Trump's election in November 2024 and abruptly ending in early December. The report points out that an above-expectation U.S. employment data quickly shifted the market focus, and the Federal Reserve's more hawkish stance increased downward pressure on risk assets. Although Bitcoin prices have retraced somewhat, its performance still significantly outperforms the broader market; seasoned traders have rotated back from altcoins to Bitcoin. Despite some pullback in Bitcoin’s own price, it continues to significantly outperform the broader market. Analysts believe that current market hopes are pinned on liquidity warming up to further drive up Bitcoin prices but given the unchanged hawkish tone of the Federal Reserve, more patience may be needed for another round of increases.